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$1,260,000

Beds
4
Baths
2.5
sq ft
2,653

8289 112th Ter N, West Palm Beach, FL 33412

8289 112th Ter N

Palm Beach Gardens, FL 33412

  • 116 days on market
    • Price drop $39,000↓
Rustic Lakes is a community of acerage/equestrian properties minutes from Palm Beach Gardens. This 2.5 acre property has been tastefully updated throughout. Soaring ceilings, lots of light, and open floorplan make this the perfect home for all stage of life, with plenty of space to entertain. A large covered patio leads out the screened/heated pool. New high end S/S Kitchenaid fridge. New well (2023), newer AC systems (2020), updated smart heat pump water heater (2020), new pool equipment, resurfaced crushed asphalt driveway, and elegant palms with lighting line the driveway. Fruit trees on property include mango, limes and lemons. Horse stall and paddock along with an enclosure for your chickens and goats too. Lots of room for your boat and RV too **Piano is available for purchase**

Details

Property type

Single Family Residence

Est. home value

$1,047,119

Lot size

2.5 acres

Price per sq ft

$475

Year built

2004

Annual property taxes

$15,682

Monthly HOA fee

$22

Price History

10/15/2024
SEF

SEF #A11619919

Price change
$1,260,000
-3%
08/13/2024
SEF

SEF #A11619919

Price change
$1,299,000
-3.78%
07/12/2024
SEF

SEF #A11619919

Listed
$1,350,000
+28.57%

Schools & Community

Elementary school: 

Pierce Hammock

Middle school: 

Western Pines Community Middle

High school: 

Seminole Ridge Community

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

$347,734
Asking price
$1,260,000
Closing costs (~8% of asking)
-$100,800
Est. remaining loan balance
-$811,466
Cash to seller
$347,734

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

Seller’s Loan History

Lender

Citibank Na

Loan start date

June 2022

Original loan amount

$840,000

Est. remaining balance

$811,466

Interest rate

5.27%

Loan type

New Conventional, 30 year

Seller

Christopher James Birrell and Kate Birrell

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: 11/05/2024 at 9:35 AM

Listing updated: 10/15/2024 at 12:50 PM

Listed by: William Lyons, The Keyes Company (Tequesta) Phone #: (561) 746-2346

MLS: SEF #A11619919

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