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$1,200,000

Beds
5
Baths
4.0
sq ft
3,668

4667 Island Reef Dr, Wellington, FL 33449

4667 Island Reef Dr

Wellington, FL 33449

  • 61 days on market
    • Price drop $75,000↓
NEW ROOF COMPLETED SEPT 2024 & BEST BACKYARD IN COMMUNITY!!! Motivated seller! This immaculate, custom-built 5-bedroom, 4-bathroom home is a true masterpiece featuring soaring 20-foot ceilings and impeccable details throughout, this light and bright home offers a spacious layout that's perfect for entertaining. The kitchen has top-of-the-line finishes with granite countertops and kitchen island, while two expansive family rooms provide endless space for relaxation and gatherings. Step outside to the stunning two-story screen-enclosed patio, complete with a custom summer kitchen and a cascading pool and spa--an ideal setting for outdoor living at its finest.

Details

Property type

Single Family Residence

Est. home value

$1,170,719

Lot size

0.31 acres

Price per sq ft

$328

Year built

2002

Annual property taxes

$18,589

Monthly HOA fee

$389

Price History

11/08/2024
Beaches

Beaches #R11024634

Price change
$1,200,000
-5.88%
10/11/2024
Beaches

Beaches #R11024634

Price change
$1,275,000
-5.2%
09/27/2024
Beaches

Beaches #R11024634

Listed
$1,345,000
+63.03%

Schools & Community

Elementary school: 

Panther Run (Broward)

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Gated, Tennis Court(s)

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

$500,635
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$603,365
Cash to seller
$500,635

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

February 2021

Original loan amount

$660,000

Est. remaining balance

$603,365

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Marcella Plenzo and Anthony Plenzo

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: 11/26/2024 at 7:30 PM

Listing updated: 11/18/2024 at 10:15 AM

Listed by: Jeff Tricoli, KW Reserve Palm Beach Phone #: (561) 220-6866

MLS: Beaches #R11024634

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