tomo logo

$475,000

Beds
3
Baths
2.0
sq ft
1,916

8310 Lake Cypress Rd, Lake Worth, FL 33467

8310 Lake Cypress Rd

Lake Worth, FL 33467

  • 64 days on market
    • Price drop $15,000↓
The most charming 3BR/2BA home on the market with quality updates throughout! Sought-after 55+ Gated Community. Updates include ROOF (2021), KITCHEN (Stainless Steel Appliances, New shaker cabinets), BOTH BATHROOMS, flooring, light fixtures, interior paint & more! Spacious, open floorplan with 10' volume ceiling. Arched passages add architectural appeal. Freshly painted in neutral color. Large screen porch overlooks private, fenced backyard with space for future pool. Lovely community features, Clubhouse with organized social events, tennis/pickleball, shuffle board, bocce, billiards rm, fitness rm, heated pool/jacuzzi and much more! Fantastic location -- near the Turnpike, Wellington amenities, Lake Worth Beach and PBI Airport.

Details

Property type

Single Family Residence

Est. home value

$491,996

Lot size

7,737 sq ft

Price per sq ft

$248

Year built

1996

Annual property taxes

$6,634

Monthly HOA fee

$470

Price History

10/25/2024
Beaches

Beaches #R11018263

Price change
$475,000
-3.06%
09/05/2024
Beaches

Beaches #R11018263

Listed
$490,000
+16.67%
10/09/2021
SEF

SEF #A11088168

Sold
$420,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

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

Senior community center: 

Yes

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

$54,839
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$382,161
Cash to seller
$54,839

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

October 2021

Original loan amount

$410,000

Est. remaining balance

$382,161

Interest rate

2.86%

Loan type

VA, 30 year

Seller

Frederick Waddie Turner and Kathy Bair Turner

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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8461 Lake Cypress Rd, Lake Worth, FL 33467

Status: Active

Tomo last checked: 11/08/2024 at 8:50 AM

Listing updated: 10/26/2024 at 4:25 PM

Listed by: Kathie Kime, Palm Beach Real Estate Team Inc Phone #: (561) 600-7117

MLS: Beaches #R11018263

Beaches logo

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