tomo logo

$348,500

Beds
2
Baths
2.0
sq ft
1,300

555 Banyan Tree Ln Unit 209, Delray Beach, FL 33483

555 Banyan Tree Ln Unit 209

Delray Beach, FL 33483

  • Pending
    • Price drop $6,500↓
WELCOME HOME to your new 2-bedroom, 2-bathroom condo nestled within the charming and secluded Banyan Tree community, right in the heart of downtown Delray!Location is key here - just a quick 10-minute stroll to the stunning beaches. Step outside the community to discover three shopping centers offering an array of dining and shopping options to suit every taste and needWith downtown Atlantic Ave mere minutes away , and easy access to I-95 and Boca Town Center within a 10 minute drive, the convenience of this location cannot be overstated.This lovely condo boasts, a blend of wood and ceramic tile flooring, an inviting brand new eat-in kitchen with modern appliances, updated bathrooms, a spacious family room, and a generous terrace overlooking the pool.

Details

Property type

Condominium

Est. home value

$377,278

Lot size

Unknown

Price per sq ft

$269

Year built

1979

Annual property taxes

$3,331

Monthly HOA fee

$598

Price History

08/17/2024
Beaches

Beaches #R10985388

Pending
$348,500
08/13/2024
Beaches

Beaches #R10985388

Price change
$348,500
-1.83%
07/08/2024
Beaches

Beaches #R10985388

Price change
$355,000
-2.74%

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

$179,793
Asking price
$348,500
Closing costs (~8% of asking)
-$27,880
Est. remaining loan balance
-$140,827
Cash to seller
$179,793

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

Seller’s Loan History

Lender

Nexera Holdings Llc

Loan start date

January 2018

Original loan amount

$162,500

Est. remaining balance

$140,827

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Candice E Benson

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: Pending/Under Contract

Tomo last checked: 10/04/2024 at 11:30 PM

Listing updated: 09/30/2024 at 5:13 PM

Listed by: Darren Shasho, EXP Realty LLC Phone #: (888) 883-8509

MLS: Beaches #R10985388

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