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$450,000

Beds
4
Baths
2.0
sq ft
1,224

616 N K St, Lake Worth Beach, FL 33460

616 N K St

Lake Worth Beach, FL 33460

  • 67 days on market
Welcome to the allure of this breathtaking cottage nestled in the vibrant heart of Lake Worth Beach, This home features 4 bedrooms and 2 bathrooms. Complete home renovation in 2021 to include, Impact windows & doors, A/C unit, new floors throughout, brand new electrical panel, and 2 new bedrooms & bathrooms. Roof is 2017 on original part of home and 2021 on the addition. This property would make a great primary residence, or an opportunity for a great investment property. There currently is a shed 10x16 on sight that has plumbing under it.

Details

Property type

Single Family Residence

Est. home value

$333,137

Lot size

3,376 sq ft

Price per sq ft

$368

Year built

1925

Annual property taxes

$4,610

Price History

07/14/2024
Beaches

Beaches #R11004279

Listed
$450,000
+150%
06/22/2020
Beaches

Beaches #F10196056

Sold
$180,000
+1.69%
02/07/2018
Beaches

Beaches #R10362830

Sold
$177,000

Schools & Community

Neighborhood: 

Mango Groves

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$402,793
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$11,207
Cash to seller
$402,793

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

Seller’s Loan History

Lender

Cenlar Fsb

Loan start date

May 2023

Original loan amount

$11,417

Est. remaining balance

$11,207

Interest rate

6.28%

Loan type

FHA, 27 year

Seller

Angel Velazquez and Ashley Marie Street

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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Townhouse

218 S Federal Hwy Unit 1, Lake Worth Beach, FL 33460

Status: Active

Tomo last checked: 09/19/2024 at 12:55 PM

Listing updated: 08/29/2024 at 6:03 PM

Listed by: Jillian Young, Southern Key Realty Phone #: (772) 212-2666

MLS: Beaches #R11004279

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