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$1,299,000

Beds
5
Baths
3.0
sq ft
2,365

1200 NW 8th St, Boca Raton, FL 33486

1200 NW 8th St

Boca Raton, FL 33486

  • 16 days on market
The options are endless with this sprawling NO HOA ranch with over a 19,000 sq foot lot. When you walk into this abode, enjoy a beautiful remodel where tasteful choices have been carefully made to bring it to a modern, chic but comfortable design. To the left there is a bonus room that could be converted into a bedroom, office or storage. The family room is large with vaulted ceilings. Off the main family room is another room that has gorgeous modern french doors. The room is surrounded by many impact windows bringing in natural light which can be used as an additional bedroom, office or bonus room. Perfect for those who work at home because there are three additional bedrooms in back of the house. The primary ensuite has vaulted ceilings, bath a private, fenced deck in back to enjoy the

Details

Property type

Single Family Residence

Est. home value

$936,885

Lot size

0.45 acres

Price per sq ft

$550

Year built

1975

Annual property taxes

$12,954

Price History

12/06/2024
Beaches

Beaches #R11043025

Listed
$1,299,000
+54.64%
06/24/2024
Beaches

Beaches #R10969213

Sold
$840,000
-4%
05/18/2024
Beaches

Beaches #R10969213

Pending
$875,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$595,624
Asking price
$1,299,000
Closing costs (~8% of asking)
-$103,920
Est. remaining loan balance
-$599,456
Cash to seller
$595,624

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

February 2022

Original loan amount

$637,500

Est. remaining balance

$599,456

Interest rate

3.12%

Loan type

New Conventional, 30 year

Seller

Micky Simwenyi and Sarah Hermann

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: 12/22/2024 at 10:35 AM

Listing updated: 12/19/2024 at 12:34 PM

Listed by: Christine Sanderson, Serhant Phone #: (646) 480-7665

MLS: Beaches #R11043025

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