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$699,000

Beds
3
Baths
3.0
sq ft
1,600

555 Banyan Tree Ln Unit 11, Delray Beach, FL 33483

555 Banyan Tree Ln Unit 11

Delray Beach, FL 33483

  • 25 days on market
Prepare to be pleasantly surprised! 555 Banyan Tree Ln #11 is more than you can envision. Tucked away in one of the best Delray locations with maximum walkability and convenience, is a special Free Standing Villa that lives like a Single Family Home. Triple Split Floor Plan offers privacy for all, 3 Beds, 3 Baths & Dual Primary Suite options. Enter through the Front Porch to a Beautifully Updated Kitchen with Quartz Counters, Glass Backsplash, Stainless Appliances, Bar Area & Counter Seating. Living Room extends to the Patio where you can enjoy the Sunrise with your Morning Coffee. Walk/Bike to the #1 Beach in Florida, shop for anything you need just out your front door and shuttle to Atlantic Ave! 2023 Roof, Full Reno less than 3 yrs ago. Association covers Building Exterior & Your Yard!

Details

Property type

Single Family Residence

Est. home value

$951,398

Lot size

Unknown

Price per sq ft

$437

Year built

1979

Annual property taxes

$6,055

Monthly HOA fee

$790

Price History

06/11/2024
Beaches

Beaches #R10995483

Listed
$699,000
-6.8%
05/01/2024
Beaches

Beaches #R10910767

Removed
$749,999
02/14/2024
Beaches

Beaches #R10910767

Price change
$749,999
-5.66%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse

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

$352,018
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$291,062
Cash to seller
$352,018

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

June 2021

Original loan amount

$311,250

Est. remaining balance

$291,062

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Richard Bergida and Nadine Callon

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: 07/06/2024 at 1:55 AM

Listing updated: 06/27/2024 at 9:38 PM

Listed by: Danielle M Reidy, The Corcoran Group Phone #: (561) 278-0433

MLS: Beaches #R10995483

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