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$5,295,000

Beds
4
Baths
5.5
sq ft
4,510

428 Addison Park Ln, Boca Raton, FL 33432

428 Addison Park Ln

Boca Raton, FL 33432

  • 321 days on market
    • Price drop $455,000↓
EXTRAORDINARY VALUE: PRICE JUST REDUCED BY OVER HALF A MILLION DOLLARS. Poised with distinction in the exclusive gated Addison Estates community, the architectural marvel known as 428 Addison Park Lane stands as a testament to refined elegance and grandeur. This opulent community, nestled within the gates of The Boca Raton, showcases stunning lake and golf course views. This remarkable property offers a picturesque vista that epitomizes the very essence of luxury living. This one-story European-inspired estate boasts a total of 5,084 SF and an interior SF of 4,510. In addition, this gleaming property features four bedrooms, five full bathrooms, and a beautifully appointed powder room.

Details

Property type

Single Family Residence

Est. home value

$6,072,088

Lot size

0.23 acres

Price per sq ft

$1,175

Year built

1993

Annual property taxes

$41,450

Monthly HOA fee

$1,693

Price History

06/05/2024
Beaches

Beaches #R10933133

Price change
$5,295,000
-7.91%
02/26/2024
Beaches

Beaches #R10933133

Price change
$5,750,000
-8.37%
01/11/2024
Beaches

Beaches #R10933133

Price change
$6,275,000
-6.34%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

Wall Street Mortgage Bankers Ltd

Loan start date

September 2023

Original loan amount

$20,000

Est. remaining balance

$0

Interest rate

6.78%

Loan type

New Conventional, 1 year

Seller

Robert Gans

Lender

Wall Street Mortgage Bankers Ltd

Loan start date

November 2022

Original loan amount

$3,000,000

Est. remaining balance

$2,930,982

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Robert Gans and Marisol Couso

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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109 SE Olive Way, Boca Raton, FL 33432

Status: Active

Tomo last checked: 09/19/2024 at 7:15 PM

Listing updated: 09/06/2024 at 12:57 AM

Listed by: Senada Adzem, Douglas Elliman Phone #: (561) 245-2635

MLS: Beaches #R10933133

Beaches logo

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