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$2,175,000

Beds
5
Baths
7.5
sq ft
5,225

16838 Charles River Dr, Delray Beach, FL 33446

16838 Charles River Dr

Delray Beach, FL 33446

  • 772 days on market
    • Price drop $124,000↓
***MOTIVATED SELLER*** Welcome to this stunning, rarely available and well sought after custom built lakefront Bassano model home in the prestigious gated community of the Bridges in Delray Beach. Situated on waterfront lot and cul-de-sac, this customized home includes 5 bedrooms, 7 & 1/2 baths, formal living & dining rooms, family room, office, an over-sized loft and heated private pool. In total, this highly sought after Bassano model is 5,225 sq.ft. under air and has over $500k in upgrades! The gourmet chef's kitchen features an oversized walk-in pantry, Sub Zero fridge, Viking appliances, Viking gas range, custom cabinetry, quartz countertops and more! The expansive master bedroom suite is located on the 2nd floor and is appointed with his & hers baths, his & hers custom closets,

Details

Property type

Single Family Residence

Est. home value

$2,645,814

Lot size

0.3 acres

Price per sq ft

$417

Year built

2014

Annual property taxes

$15,717

Monthly HOA fee

$731

Price History

10/02/2024
Beaches

Beaches #R10834110

Price change
$2,175,000
-5.39%
09/03/2024
Beaches

Beaches #R10834110

Price change
$2,299,000
-14.82%
08/25/2024
Beaches

Beaches #R10834110

Listed
$2,699,000

Schools & Community

Elementary school: 

Whispering Pines (Palm Beach)

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Gated, Park, Street Lights, Sidewalks, Tennis Court(s)

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

$1,842,588
Asking price
$2,175,000
Closing costs (~8% of asking)
-$174,000
Est. remaining loan balance
-$158,412
Cash to seller
$1,842,588

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

October 2023

Original loan amount

$160,000

Est. remaining balance

$158,412

Interest rate

7.12%

Loan type

New Conventional, 30 year

Seller

Patrick Horst Gruschow and Beulah Yogi Grueschow

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: 11/03/2024 at 8:30 AM

Listing updated: 10/21/2024 at 9:35 AM

Listed by: Marc Worman, Marc Worman Real Estate Phone #: (786) 479-3533

MLS: Beaches #R10834110

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