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$117,000

Beds
2
Baths
2.0
sq ft
880

561 Monaco L, Delray Beach, FL 33446

561 Monaco L

Delray Beach, FL 33446

  • 165 days on market
    • Price drop $5,000↓
WOW! GREAT NEW PRICE for this Spacious Corner condo with 2-bedrooms, 2-bathrooms that has been beautifully updated with new flooring and paint throughout! Appealing accent wall upon entering the home gives this beauty the WoW Factor! Kitchen has been updated with granite countertops, backsplash, SS appliances, hot water tank, ceiling fans, blinds all 2022! Located in the very popular Monaco section in Kings Point Golf & Country Club, a highly desirable 55+ adult community in the heart of gorgeous Delray Beach. Enjoy the country club lifestyle without the mandatory equity fees ***No Pets and No Lease for the 1st Year*** Great South Florida living! The building is well maintained and also financially secure with well-funded reserves. Building ''L'' has a newer roof to 2018 code! BRING OFFERS

Details

Property type

Condominium

Est. home value

$140,905

Lot size

Unknown

Price per sq ft

$133

Year built

1974

Annual property taxes

$1,681

Monthly HOA fee

$775

Price History

05/30/2024
Beaches

Beaches #R10952798

Price change
$117,000
-4.1%
05/03/2024
Beaches

Beaches #R10952798

Price change
$122,000
-7.92%
03/27/2024
Beaches

Beaches #R10952798

Price change
$132,500
-5.36%

Schools & Community

Neighborhood: 

Kings Point

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Golf, Gated, Park, Tennis Court(s)

Senior community center: 

Yes

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

$54,462
Asking price
$117,000
Closing costs (~8% of asking)
-$9,360
Est. remaining loan balance
-$53,178
Cash to seller
$54,462

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

September 2020

Original loan amount

$58,000

Est. remaining balance

$53,178

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Christopher Otoole and Laurene Otoole

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 2:25 AM

Listing updated: 06/21/2024 at 10:37 PM

Listed by: Kristi Ramella, EXP Realty LLC Phone #: (888) 883-8509

MLS: Beaches #R10952798

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