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$640,000

Beds
3
Baths
3.0
sq ft
2,889

7502 Orchid Hammock Dr, West Palm Beach, FL 33412

7502 Orchid Hammock Dr

West Palm Beach, FL 33412

  • 303 days on market
3BD+Den/3BA Golfer's Paradise in highly desirable, private elevator. On the Heritage golf course! Impact glass! Tons of gorgeous up-grades! luxury vinyl and tile Chef's eat in kitchen with all new appliances, and large island. Great location to the Club and east gate.

Details

Property type

Condominium

Est. home value

$548,770

Lot size

Unknown

Price per sq ft

$222

Year built

2004

Annual property taxes

$8,281

Monthly HOA fee

$1,053

Price History

09/13/2024
Beaches

Beaches #R10953446

Price change
$640,000
+6.67%
09/12/2024
Beaches

Beaches #R10953446

Price change
$600,000
-8.26%
09/10/2024
Beaches

Beaches #R10953446

Listed
$654,000

Schools & Community

Neighborhood: 

Pineapple Park - Ibis

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Street Lights, Sidewalks, Tennis Court(s)

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

$220,073
Asking price
$640,000
Closing costs (~8% of asking)
-$51,200
Est. remaining loan balance
-$368,727
Cash to seller
$220,073

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2023

Original loan amount

$375,000

Est. remaining balance

$368,727

Interest rate

6.6%

Loan type

New Conventional, 30 year

Seller

Douglas L Chaet and Jamie P Chaet

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: 11/22/2024 at 7:50 PM

Listing updated: 11/10/2024 at 12:25 PM

Listed by: Craig DeAndrea, Premier Brokers International Phone #: (561) 855-6179

MLS: Beaches #R10953446

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