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$1,775,000

Beds
5
Baths
5.5
sq ft
5,476

12218 Boca Reserve Ln, Boca Raton, FL 33428

12218 Boca Reserve Ln

Boca Raton, FL 33428

  • 14 days on market
Available for the first time since being built by Minto Homes in 2014, this stunning 5 bedroom, plus large loft and office/den, custom designed home is a dream come true. The layout is one of a kind ''Veneto'' model, which was the unique collaboration between the builder and his architect, and it is the largest and most exquisite residence in all of Boca Reserve. With over 5,400 square feet of living space, this elegant home was designed with every detail in mind, from abundant storage, custom closets, intricate crown molding, and 24-inch porcelain and engineered hardwood throughout.

Details

Property type

Single Family Residence

Est. home value

$1,716,625

Lot size

8,934 sq ft

Price per sq ft

$325

Year built

2014

Annual property taxes

$12,012

Monthly HOA fee

$250

Price History

09/05/2024
Beaches

Beaches #R11018641

Listed
$1,775,000
+129.03%
09/12/2014
Beaches

Beaches #R10025942

Sold
$774,992

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Sidewalks

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

$1,391,958
Asking price
$1,775,000
Closing costs (~8% of asking)
-$142,000
Est. remaining loan balance
-$241,042
Cash to seller
$1,391,958

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

Seller’s Loan History

Lender

Citibank Na

Loan start date

September 2014

Original loan amount

$619,937

Est. remaining balance

$241,042

Interest rate

3.26%

Loan type

New Conventional, 15 year

Seller

Amanda Goines Lockett

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: 09/18/2024 at 9:05 PM

Listing updated: 09/08/2024 at 7:16 PM

Listed by: Lauren Blosser, Re/Max Direct Phone #: (561) 952-2680

MLS: Beaches #R11018641

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