tomo logo

$3,500,000

Beds
7
Baths
7.5
sq ft
5,476

2901 SW Lake Ter, Palm City, FL 34990

2901 SW Lake Ter

Palm City, FL 34990

  • 168 days on market
    • Price drop $400,000↓
10.34 acre waterfront property offering ultimate privacy. A Legacy Estate featuring two CBS poured concrete structures consisting of a 5 BD / 4.5 BA Main house (Two Primary Suites - main level and upstairs) and a 2 BD / 2.5 BA Guest House over a 4 Car Garage. No fixed bridges and dockage for up to an approximately 50 ft +/- boat. Impact windows and doors, raised property elevation, metal roof, solid core interior doors, 10 ft & 22ft volume ceilings, and quality finishes throughout.

Details

Property type

Single Family Residence

Est. home value

$1,643,356

Lot size

10.95 acres

Price per sq ft

$640

Year built

2001

Annual property taxes

$11,183

Price History

09/16/2024
Beaches

Beaches #R10994601

Price change
$3,500,000
-10.26%
06/08/2024
Beaches

Beaches #R10994601

Listed
$3,900,000
03/31/2024
Beaches

Beaches #R10943204

Removed
$3,900,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Southtrust Bank

Loan start date

February 2003

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

5.93%

Loan type

Credit Line (Revolving)

Seller

Scott B Sade and Jennifer T Sade

Lender

Bankunited Fsb

Loan start date

March 2002

Original loan amount

$750,000

Est. remaining balance

$344,057

Interest rate

7.06%

Loan type

Not Provided, 30 year

Seller

Scott B Sade and Jennifer T Sade

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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|
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|
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|
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2506 NW Hollyberry Ln, Palm City, FL 34990

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Beaches
$3,499,000
5 bd
|
4.5 ba
|
4,449 sq ft
|
House

3104 NW Radcliffe Way, Palm City, FL 34990

Status: Active

Tomo last checked: 11/23/2024 at 8:20 AM

Listing updated: 10/29/2024 at 11:15 AM

Listed by: Charlie Forcucci, Douglas Elliman (Jupiter) Phone #: (561) 653-6100

MLS: Beaches #R10994601

Beaches logo

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