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$1,150,000

Beds
3
Baths
3.5
sq ft
2,121

605 Renaissance Way, Delray Beach, FL 33483

605 Renaissance Way

Delray Beach, FL 33483

  • 136 days on market
    • Price drop $100,000↓
Newly renovated townhome in the heart of Delray Beach! Only 2 blocks north of Atlantic Avenue and a short walk to the beach!! This location is primed to take advantage of everything Delray has to offer! With 3 bedrooms, 3 1/2 bathrooms and 10 foot ceilings, this spacious, open floor plan home receives plenty of natural light. Home recently renovated with new kitchen, updated bathrooms and fresh interior paint. All kitchen appliances are brand new LG stainless steel appliances and home has its own washer/dryer. The home has a full 2 car garage with extra storage space.Renaissance Village is a boutique community with its own pool, that is one of the most highly desired communities in all of East Delray!

Details

Property type

Townhouse

Est. home value

$1,169,751

Lot size

Unknown

Price per sq ft

$543

Year built

2003

Annual property taxes

$15,344

Monthly HOA fee

$625

Price History

12/17/2024
Beaches

Beaches #R11019432

Price change
$1,150,000
-8%
09/09/2024
Beaches

Beaches #R11019432

Listed
$1,250,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Number of units in community: 

20

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

$960,298
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$97,702
Cash to seller
$960,298

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

Seller’s Loan History

Lender

Group One Mortgage Inc

Loan start date

November 2013

Original loan amount

$316,500

Est. remaining balance

$97,702

Interest rate

3.59%

Loan type

New Conventional, 15 year

Seller

Peter D Park

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: 01/22/2025 at 10:25 PM

Listing updated: 01/19/2025 at 4:05 PM

Listed by: Mark Balsom, Douglas Elliman Phone #: (561) 278-5570

MLS: Beaches #R11019432

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