tomo logo

$940,000

Beds
3
Baths
2.0
sq ft
2,023

1665 SW 16th St, Boca Raton, FL 33486

1665 SW 16th St

Boca Raton, FL 33486

  • 45 days on market
    • Price drop $160,000↓
Well-designed 3 bedroom home, plus a private office off the master bedroom to use as a study or nursery. Huge island kitchen, open floorplan with very high ceilings. All new flooring, closet build out, and appliances. The whole house was painted in 2021, All windows were replaced with PGT impact windows in 2021 and the roof was replaced in 2023. Huge lot, with large grassy yard and room for a pool. Located in the private neighborhood Mizner Forest with just 27 homes. Also for sale, 1660 SW 16th Street across the street, for large families looking for neighboring homes. Zoned for Top Rated Addison Mizner Elementary School.

Details

Property type

Single Family Residence

Est. home value

$736,574

Lot size

9,996 sq ft

Price per sq ft

$465

Year built

1997

Annual property taxes

$10,158

Monthly HOA fee

$233

Price History

09/19/2024
Beaches

Beaches #R11010283

Price change
$940,000
-14.55%
08/05/2024
Beaches

Beaches #R11010283

Listed
$1,100,000
+152.87%
01/15/2021
Beaches

Beaches #R10675150

Sold
$435,000

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

$565,687
Asking price
$940,000
Closing costs (~8% of asking)
-$75,200
Est. remaining loan balance
-$299,113
Cash to seller
$565,687

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

January 2021

Original loan amount

$326,250

Est. remaining balance

$299,113

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Michael J Sommers

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: 09/19/2024 at 7:15 PM

Listing updated: 09/19/2024 at 11:07 AM

Listed by: Douglas Addeo, Community Realty Associates Phone #: (561) 218-6558

MLS: Beaches #R11010283

Beaches logo

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