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$700,000

Beds
5
Baths
3.0
sq ft
3,145

6698 Rainwood Cove Ln, Lake Worth, FL 33463

6698 Rainwood Cove Ln

Lake Worth, FL 33463

  • 27 days on market
Located in a low HOA gated community of Rivermill in Lake Worth This spacious 5-Bed, 3-bath home offers over 3,000 sq foot of living space. On the 1st floor is a 1-bedroom, full bathroom and a separate laundry room. The 2nd fl has a spacious owners’ suite that features a tranquility lakeview, 2 large walk-in closets, dual sinks with shower/tub and a office, 3-bedrooms share a full bathroom a loft with a hidden closet revealed as a library shelf. This home also includes a living room, dining room and den. A comfort of peace will be enjoyed in the backyard with a jet spa jacuzzi, and marbled kitchenette (including charcoal grill, microwave and refrigerator). The cozy lounge area that faces the lake will be enjoyed as you entertain guest while playing golf.

Details

Property type

Single Family Residence

Est. home value

$609,582

Lot size

5,050 sq ft

Price per sq ft

$223

Year built

2002

Annual property taxes

$7,743

Monthly HOA fee

$245

Price History

11/26/2024
Beaches

Beaches #F10473497

Listed
$700,000
+82.29%
07/08/2020
Beaches

Beaches #R10626214

Sold
$384,000

Schools & Community

Elementary school: 

Hidden Oaks K-8

Middle school: 

Tradewinds

High school: 

Santaluces Community High

Community features: 

Pool, Fitness Center, Gated, Playground, Park

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

$295,975
Asking price
$700,000
Closing costs (~8% of asking)
-$56,000
Est. remaining loan balance
-$348,025
Cash to seller
$295,975

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

Seller’s Loan History

Lender

Commerce Home Mortgage Llc

Loan start date

July 2020

Original loan amount

$384,000

Est. remaining balance

$348,025

Interest rate

3.24%

Loan type

VA, 30 year

Seller

Jasper Norwood

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: 12/22/2024 at 7:55 PM

Listing updated: 12/10/2024 at 1:00 PM

Listed by: Kimberly Dillard, LoKation Phone #: (954) 545-5583

MLS: Beaches #F10473497

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