tomo logo

$495,000

Beds
2
Baths
2.0
sq ft
1,020

16412 62nd Rd N, Loxahatchee, FL 33470

16412 62nd Rd N

The Acreage, FL 33470

  • Coming soon
Loxahatchee living at its best! This charming 2-bedroom, 2-bathroom home on 1.14 acres offers privacy and convenience. Located just 15 minutes from the Palm Beach International Equestrian Center and International Polo Club, and only two blocks from the new city of Westlake, this property is close to shopping, dining, and entertainment. The beach and airport are less than 20 miles away. With no HOA, there's plenty of room for boats, horses, and RVs. A compacted building pad presents endless possibilities for a barn, workshop, or additional structures. Surrounded by excellent schools. Currently rented for $2,300/month.

Details

Property type

Single Family Residence

Est. home value

$433,594

Lot size

1.14 acres

Price per sq ft

$486

Year built

2015

Annual property taxes

$7,386

HOA

Yes

Price History

06/15/2022
Beaches

Beaches #R10792555

Sold
$415,000

Schools & Community

Elementary school: 

Acreage Pines

Middle school: 

Unknown

High school: 

Seminole Ridge

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

$297,967
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$157,433
Cash to seller
$297,967

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

Seller’s Loan History

Lender

Hamilton Group Funding Inc

Loan start date

February 2017

Original loan amount

$186,558

Est. remaining balance

$157,433

Interest rate

4.3%

Loan type

FHA, 30 year

Seller

Santos Diaz Cortes and Ana Vega Rivera

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?

Status: Coming Soon

Tomo last checked: 02/11/2025 at 9:00 AM

Listing updated: 02/10/2025 at 9:55 PM

Listed by: Martha Lucia Rush, LPT Realty, LLC Phone #: (877) 366-2213

MLS: Beaches #R11060895

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