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$2,999,000

Beds
4
Baths
4.5
sq ft
3,660

721 S Lake Ave, Delray Beach, FL 33483

721 S Lake Ave

Delray Beach, FL 33483

  • 22 days on market
    • Open house Jul 06
This single-family home features 4 bedrooms and 4.5 bathrooms, with no association fees. The first floor boasts 11-foot ceilings, and the home is equipped with top-quality hurricane impact windows and doors. The kitchen includes a WOLF appliance package, marble or similar countertops, and custom cabinetry. The floors are adorned with 24x48 imported porcelain tiles. Other highlights include glass railings with quartz landings, covered patios, two laundry rooms, a two-car garage, a metal roof, frameless shower doors, and hookups for a generator and electric car. The private, landscaped backyard features an outdoor kitchen, providing a serene retreat. This home is conveniently located just minutes from the ocean and downtown Delray Beach, offering some of the finest urban and coastal living.

Details

Property type

Single Family Residence

Lot size

7,815 sq ft

Price per sq ft

$820

Year built

2022

Annual property taxes

$46,918

HOA

Yes

Price History

06/14/2024
Beaches

Beaches #R10996212

Listed
$2,999,000
+33.29%
10/14/2022
Beaches

Beaches #F10297385

Sold
$2,250,000

Schools & Community

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

$2,600,505
Asking price
$2,999,000
Closing costs (~8% of asking)
-$239,920
Est. remaining loan balance
-$158,575
Cash to seller
$2,600,505

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

June 2012

Original loan amount

$217,500

Est. remaining balance

$158,575

Interest rate

3.83%

Loan type

New Conventional, 30 year

Seller

Neil D Saffer

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 1:50 AM

Listing updated: 07/02/2024 at 12:43 PM

Listed by: Roberta Lucas, Century 21 LUXE HOMES Phone #: (561) 465-4509

MLS: Beaches #R10996212

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