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$800,000

Beds
5
Baths
4.5
sq ft
3,575

206 NW Magnolia Lakes Blvd, Port Saint Lucie, FL 34986

206 NW Magnolia Lakes Blvd

Port St Lucie, FL 34986

  • 76 days on market
    • Price drop $45,000↓
Massive Home with 3 Car Garage in a PRIVATE GATED Resort-Style Community in the Heart of Saint Lucie West. Step onto the SPACIOUS front porch with double doors and a grand, tall ceiling entry. This MOVE-IN READY home offers outdoor living with a SCREENED-IN back lanai and two upstairs balconies. Featuring ALL BRAND-NEW APPLIANCES, NATURAL LIGHT throughout, and TWO AC UNITS, this home is designed for comfort. Located near shopping, dining, and a K-8 school, the LOW HOA FEE includes FULL LAWN CARE and fast Wi-Fi. Enjoy resort-style amenities such as clay tennis courts, pickleball, bocce ball, a swimming pool, steam room, basketball courts, a gym, and MUCH MORE!

Details

Property type

Single Family Residence

Est. home value

$600,768

Lot size

9,583 sq ft

Price per sq ft

$224

Year built

2005

Annual property taxes

$10,711

Monthly HOA fee

$275

Price History

01/03/2025
Beaches

Beaches #R11038263

Price change
$800,000
-5.33%
12/14/2024
Beaches

Beaches #R11038263

Price change
$845,000
-3.32%
11/18/2024
Beaches

Beaches #R11038263

Listed
$874,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Fort Pierce Central

Community features: 

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

Number of units in community: 

480

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

$535,805
Asking price
$800,000
Closing costs (~8% of asking)
-$64,000
Est. remaining loan balance
-$200,195
Cash to seller
$535,805

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

Seller’s Loan History

Lender

Amerisave Mortgage Corp

Loan start date

April 2021

Original loan amount

$307,000

Est. remaining balance

$200,195

Interest rate

2.34%

Loan type

New Conventional, 10 year

Seller

Terry J Faraone and Patti L Faraone

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: 02/02/2025 at 12:50 PM

Listing updated: 01/31/2025 at 2:37 PM

Listed by: Nate Hamdan, Keller Williams Realty of PSL Phone #: (772) 236-5700

MLS: Beaches #R11038263

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