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$214,674Estimated home value

Beds
2
Baths
2.0
sq ft
1,036

132 Lake Olive Dr Unit 132, West Palm Beach, FL 33411

132 Lake Olive Dr Unit 132

West Palm Beach, FL 33411

  • Off market
    • Price drop $24,999↓
RARE OPPORTUNITY! MOTIVATED SELLER! 55 + COMMUNITY IS ON THE GROUND FLOOR. THIS VILLA IS OPEN AND BRIGHT, LAKE VIEW, FRONT ENTRY SCREEN, CERAMIC TILE THROUGHOUT, WASHER/DRYER, NEW DISHWASHER, ,HURRICANE SHUTTERS FOR BACK PATIO WALK IN TO HOME WITH THIS BEAUTIFUL VILLA! SPACIOUS 2 BEDRM, 2 BATH, ENCLOSED LANAI OVERLOOKING LAKE & PRESERVE. THIS ONE FEELS LIKE WELCOME HOME WHEN YOU WALK IN THE DOOR. ENJOY YOUR MORNING COFFEE & THE SERENE LAKE VIEW WITH LOVELY SHADE TREES FROM YOUR GLASS ENCLOSED PATIO. COMPLETE NEW UPGRADED KITCHEN. FILTERED WATER IN KITCHEN. NEW TANKLESS WATER HEATER. ENJOY ANY OF THE CLUBHOUSES OR POOLS, COMPLIMENTARY COURTESY BUS, ON SITE LIFE STYLE DIRECTOR PROVIDING EVERY IMAGINABLE ACTIVITY. XFINITY WIFI, CABLE, WATER, INSURANCE, CAFE. PETS WELCOME UP TO 30 LBS.

Details

Property type

Est. home value

$214,674

Lot size

Unknown

Price per sq ft

$169

Year built

1981

Annual property taxes

$1,849

Monthly HOA fee

$767

Price History

09/18/2024
Beaches

Beaches #R10969586

Removed
$175,000
09/13/2024
Beaches

Beaches #R10969586

Price change
$175,000
-12.5%
08/23/2024
Beaches

Beaches #R10969586

Listed
$199,999

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Gated

Senior community center: 

Yes

Number of units in community: 

1888

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

$63,019
Asking price
$175,000
Closing costs (~8% of asking)
-$14,000
Est. remaining loan balance
-$97,981
Cash to seller
$63,019

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

July 2021

Original loan amount

$105,000

Est. remaining balance

$97,981

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Janice Frenc and Leontina Frenc

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: Off Market

Tomo last checked: 09/18/2024 at 10:30 PM

Listing updated: 09/17/2024 at 10:06 AM

Listed by: yianni Anagnostopoulos, Reliant Realty ERA Powered Phone #: (561) 810-8379

MLS: Beaches #R10969586

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