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$415,000

Beds
3
Baths
2.5
sq ft
1,579

427 Rainbow Springs Ter, Royal Palm Beach, FL 33411

427 Rainbow Springs Ter

Royal Palm Beach, FL 33411

  • <1 day on market
Welcome to this beautifully updated 3-bedroom, 2.5-bathroom townhouse with a 1-car garage, nestled in the desirable Seminole Lakes community. This stunning home offers an open-concept layout, modern upgrades, and a prime location in the heart of Royal Palm Beach. Step inside to find gorgeous tile flooring throughout the main living area. The fully remodeled kitchen (2020) is a chef's dream, featuring solid wood shaker cabinetry with upgraded hardware, granite countertops, a stylish tile backsplash, and stainless steel Samsung appliances. The space is complete with a breakfast bar, pantry, and upgraded LED recessed lighting. Adjacent to the kitchen, the formal dining area boasts an elegant upgraded light fixture, perfect for hosting. The expansive living room is ideal for

Details

Property type

Townhouse

Est. home value

$378,385

Lot size

2,143 sq ft

Price per sq ft

$263

Year built

2002

Annual property taxes

$2,788

Monthly HOA fee

$212

Price History

02/26/2025
Beaches

Beaches #R11065912

Listed
$415,000
+111.73%
08/01/2016
Beaches

Beaches #R10234844

Sold
$196,000

Schools & Community

Elementary school: 

Everglades (Broward)

Middle school: 

Crestwood

High school: 

Royal Palm Beach

Community features: 

Pool, Gated, Sidewalks

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

$225,083
Asking price
$415,000
Closing costs (~8% of asking)
-$33,200
Est. remaining loan balance
-$156,717
Cash to seller
$225,083

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

Seller’s Loan History

Lender

Bankers Mortgage Lending Inc

Loan start date

August 2016

Original loan amount

$192,449

Est. remaining balance

$156,717

Interest rate

3.54%

Loan type

FHA, 30 year

Seller

Yesica E Rivera and Terrennce Paul Justice

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?

Status: Active

Tomo last checked: 02/26/2025 at 2:40 PM

Listing updated: 02/26/2025 at 8:45 AM

Listed by: Brett A Colby, Re/Max Direct Phone #: (561) 784-3000

MLS: Beaches #R11065912

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