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$1,383,198Estimated home value

Beds
5
Baths
3.5
sq ft
3,063

8109 Hobbes Way, Palm Beach Gardens, FL 33418

8109 Hobbes Way

Palm Beach Gardens, FL 33418

  • Sold On 4/1/2025
Welcome to this stunning 5-bedroom, 3.5-bathroom newer construction home with a 3-car garage. Perfectly situated in the highly desirable Phase 1 of Alton, the community's most sought-after and low-density section with tree-lined streets, sidewalks and extra street parking. Located within walking distance of Alton Town Center, this home offers exceptional access to premier lifestyle amenities while providing a serene and private setting.

Details

Property type

Single Family Residence

Est. home value

$1,383,198

Lot size

6,029 sq ft

Price per sq ft

$483

Year built

2021

Annual property taxes

$21,197

Monthly HOA fee

$457

Price History

03/24/2025
Beaches

Beaches #R11057927

Sold
$1,347,000
-8.92%
03/06/2025
Beaches

Beaches #R11057927

Pending
$1,479,000
01/31/2025
Beaches

Beaches #R11057927

Listed
$1,479,000
+6.02%

Schools & Community

Elementary school: 

Marsh Pointe

Middle school: 

Watson B. Duncan

High school: 

William T. Dwyer

Community features: 

Pool, Clubhouse, Park, 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

$852,696
Asking price
$1,479,000
Closing costs (~8% of asking)
-$118,320
Est. remaining loan balance
-$507,984
Cash to seller
$852,696

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

Seller’s Loan History

Lender

Ctc Mortgage Company Llc

Loan start date

November 2021

Original loan amount

$548,250

Est. remaining balance

$507,984

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Ghita Sollazzo and Jack C Sollazzo

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: Off Market

Tomo last checked: 04/01/2025 at 10:25 PM

Listing updated: 04/01/2025 at 2:31 PM

Listed by: Ann P Cusa, Douglas Elliman (Jupiter) Phone #: (561) 653-6100

MLS: Beaches #R11057927

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