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$1,295,000

Beds
3
Baths
3.5
sq ft
3,036

648 NE Francesca Ln, Boca Raton, FL 33487

648 NE Francesca Ln

Boca Raton, FL 33487

  • 189 days on market
    • Price drop $55,000↓
Pristine corner 3BR/3.5BA/Den unit sitting on the best location in the community of Trieste. No rear neighbors and extra windows providing plenty of natural light. East Boca location close to beaches, shops and dining! Upon entering into the foyer, first level includes spacious office/den/4BR with full bath sliding doors opening to the back patio with retractable awning providing additional shade for those warmer days. Choice of stairs or elevator up to the second floor living area. Sizeable living room with bar area adjoining kitchen/dining room. Powder room and coffee bar/storage room also on this floor. Brand new contemporary kitchen with quartz counters, built in refrigerator, wall oven/microwave and dishwasher. In addition the island was expanded making it ideal for entertaining....

Details

Property type

Townhouse

Est. home value

$1,156,965

Lot size

3,306 sq ft

Price per sq ft

$427

Year built

2007

Annual property taxes

$12,631

Monthly HOA fee

$750

Price History

07/18/2024
Beaches

Beaches #R10973338

Listed
$1,295,000
07/10/2024
Beaches

Beaches #R10973338

Pending
$1,295,000
06/26/2024
Beaches

Beaches #R10973338

Price change
$1,295,000
-4.07%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

Number of units in community: 

109

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

$759,766
Asking price
$1,295,000
Closing costs (~8% of asking)
-$103,600
Est. remaining loan balance
-$431,634
Cash to seller
$759,766

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

Seller’s Loan History

Lender

Fairwinds Cu

Loan start date

September 2022

Original loan amount

$480,000

Est. remaining balance

$431,634

Interest rate

4.67%

Loan type

New Conventional, 15 year

Seller

Stephen D Clements and Michelle A Clements

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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Price drop
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Status: Active

Tomo last checked: 10/04/2024 at 10:05 PM

Listing updated: 09/30/2024 at 4:08 PM

Listed by: Gar Finnvold, Douglas Elliman Phone #: (561) 278-5570

MLS: Beaches #R10973338

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