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$470,000

Beds
3
Baths
2.0
sq ft
1,462

117 Derby Ln, West Palm Beach, FL 33411

117 Derby Ln

Royal Palm Beach, FL 33411

  • 34 days on market
This beautifully maintained 3-bedroom, 2-bathroom home in the desirable Saratoga Lakes community boasts numerous recent upgrades, including an updated kitchen (2022), new LVP flooring throughout (2021), and a durable barrel tile roof. The home features a spacious open floor plan and a master suite with stunning lake views.Additional updates include a hot water heater (2020), AC unit (2019), and washer/dryer (2019). Enjoy the serene lakefront setting from the screened-in patio, ideal for relaxing or entertaining.Community amenities include a pool, tennis courts, pickleball, and walking paths. Conveniently located near top schools, shopping, and dining.

Details

Property type

Single Family Residence

Est. home value

$472,552

Lot size

5,998 sq ft

Price per sq ft

$322

Year built

1999

Annual property taxes

$4,118

Monthly HOA fee

$139

Price History

08/13/2024
Beaches

Beaches #R11012404

Listed
$470,000
+64.91%
06/15/2019
Beaches

Beaches #R10464557

Sold
$285,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$193,767
Asking price
$470,000
Closing costs (~8% of asking)
-$37,600
Est. remaining loan balance
-$238,633
Cash to seller
$193,767

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

June 2019

Original loan amount

$264,500

Est. remaining balance

$238,633

Interest rate

4.2%

Loan type

New Conventional, 30 year

Seller

James Frazier and Salome Smith

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/16/2024 at 6:20 PM

Listing updated: 09/05/2024 at 1:06 PM

Listed by: Ben Slayen, Coral Cove Realty Inc Phone #: (561) 946-4226

MLS: Beaches #R11012404

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