tomo logo

$400,000

Beds
3
Baths
2.0
sq ft
1,117

4905 Midtown Ln Unit 2110, Palm Beach Gardens, FL 33418

4905 Midtown Ln Unit 2110

Palm Beach Gardens, FL 33418

  • 10 days on market
Beautiful immaculate condo located in the gated community of Residences of Midtown. Just steps away from spectacular fine dining restaurants and retail shops in the heart of Palm Beach Gardens. This first floor 3 bedroom, 2 bathroom condo boasts an open floorplan with ceramic tile throughout, impact glass windows, 2024 updated kitchen complete with granite countertops and stainless steel appliances, new 2022 A/C, new 2023 Washer & Dryer and new 2024 Water Heater. Enjoy evenings on your covered patio that is nestled just off the living room. Master bedroom offers an en-suite with dual sinks and a walk-in closet. Third bedroom could be used as an office. This community has wonderful amenities including community pool with business center, gym, and tennis/pickleball courts.

Details

Property type

Condominium

Est. home value

$413,766

Lot size

Unknown

Price per sq ft

$359

Year built

2008

Annual property taxes

$3,528

Monthly HOA fee

$718

Price History

12/13/2024
Beaches

Beaches #R11044706

Listed
$400,000
+56.86%
07/24/2019
Beaches

Beaches #R10489558

Sold
$255,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Gated, Park, 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

$80,813
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$287,187
Cash to seller
$80,813

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2023

Original loan amount

$290,500

Est. remaining balance

$287,187

Interest rate

7.23%

Loan type

New Conventional, 30 year

Seller

Daniel Eric Borgmeyer and Linda Ann Borgmeyer

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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1801 Sabal Ridge Ct Unit A, Palm Beach Gardens, FL 33418

Status: Active

Tomo last checked: 12/23/2024 at 12:55 AM

Listing updated: 12/16/2024 at 4:35 PM

Listed by: Daniel Borgmeyer, Keller Williams Realty Jupiter Phone #: (561) 427-6100

MLS: Beaches #R11044706

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