tomo logo

$7,500,000

Beds
5
Baths
5.5
sq ft
7,404

8235 Twin Lake Dr, Boca Raton, FL 33496

8235 Twin Lake Dr

Boca Raton, FL 33496

  • 108 days on market
This JUST COMPLETED builder contemporary one story residence on a spacious one acre property features an exceptional floor plan with exquisite craftsmanship. A statement entry foyer opens to a great room / living area with views of three covered patio areas, open pool, fire-pit with fire-bowls and the full-size, maturely landscaped backyard. Stunning, oversize porcelain floors are featured throughout with natural wood floors in all bedrooms. A split bedroom plan has a primary suite with two separate bath areas and closets, a separate media room, and an open office space. The centrally located kitchen with center island services the great room, formal dining and winter kitchen areas. There are four en suite bedrooms, lounge area, full walk-in pantry, and a four car garage. See MORE...

Details

Property type

Single Family Residence

Est. home value

$2,194,526

Property condition

New Construction

Lot size

1.05 acres

Price per sq ft

$1,013

Year built

2024

Annual property taxes

$26,994

Monthly HOA fee

$573

Price History

06/06/2024
Beaches

Beaches #R10994036

Listed
$7,500,000
+284.62%
04/20/2022
Beaches

Beaches #R10793506

Sold
$1,950,000
+72.57%
08/06/2018
Beaches

Beaches #F10102035

Sold
$1,130,000

Schools & Community

Elementary school: 

Whispering Pines (Palm Beach)

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$6,093,959
Asking price
$7,500,000
Closing costs (~8% of asking)
-$600,000
Est. remaining loan balance
-$806,041
Cash to seller
$6,093,959

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

Seller’s Loan History

Lender

Crosscountry Mortgage Inc

Loan start date

August 2018

Original loan amount

$904,000

Est. remaining balance

$806,041

Interest rate

4.62%

Loan type

New Conventional, 30 year

Seller

Christopher Alan Phillips and Karen Francis Phillips

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?

Status: Active

Tomo last checked: 09/22/2024 at 8:20 AM

Listing updated: 09/19/2024 at 2:31 PM

Listed by: John Poletto, One Sotheby's International Realty Phone #: (561) 997-7227

MLS: Beaches #R10994036

Beaches logo

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