tomo logo

$3,950,000

Beds
3
Baths
2.5
sq ft
3,687

2121 Areca Palm Rd, Boca Raton, FL 33432

2121 Areca Palm Rd

Boca Raton, FL 33432

  • 246 days on market
    • Price drop $200,000↓
Come home to this beautiful 4,546 sq ft house located in Royal Palm Yacht and Country Club. This 3 bedroom, 2.5 bathroom residence features a den and recently renovated kitchen and bathrooms. Impact windows allow for abundant natural light. Your spacious living and dining areas are excellent for entertaining guests and flow into a large family room.. There are dark cherry floors throughout and a private pool next to the putting green in the backyard. Additionally, there is a two car garage with extra space for storage and a laundry room with a bonus refrigerator. The residence is just minutes from Mizner Park and the beaches. The property is tenant occupied until December 2024

Details

Property type

Single Family Residence

Est. home value

$3,495,949

Lot size

0.26 acres

Price per sq ft

$1,072

Year built

1977

Annual property taxes

$13,459

Monthly HOA fee

$298

Price History

03/31/2024
Beaches

Beaches #R10971016

Price change
$3,950,000
-4.82%
03/22/2024
Beaches

Beaches #R10971016

Listed
$4,150,000
+29.69%
08/07/2023
Beaches

Beaches #R10910363

Sold
$3,200,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$1,266,739
Asking price
$3,950,000
Closing costs (~8% of asking)
-$316,000
Est. remaining loan balance
-$2,367,261
Cash to seller
$1,266,739

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

Seller’s Loan History

Lender

Reach Home Loans Llc

Loan start date

August 2023

Original loan amount

$2,400,000

Est. remaining balance

$2,367,261

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

J Henry Scott and Lisa Pasch

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: 11/23/2024 at 3:50 AM

Listing updated: 09/30/2024 at 4:23 PM

Listed by: Scott Eckert, RPE Realty Phone #: (630) 452-5099

MLS: Beaches #R10971016

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