tomo logo

$475,000

Beds
3
Baths
2.0
sq ft
2,319

8461 Lake Cypress Rd, Lake Worth, FL 33467

8461 Lake Cypress Rd

Lake Worth, FL 33467

  • 65 days on market
    • Price drop $25,000↓
WOW .... Fantastic opportunity to own a lovely 3 BR, 2BA CBS Home boasting over 2,300sf under air in highly sought-after 55+ Gated Community. One of the largest flrplans available. Kitchen has been updated and features SS appliances & Granite countertops. Tile/Laminate flooring throughout! Freshly painted interior. Open floorplan & 10' volume ceiling throughout. Covered, screen porch overlooks private backyard. Charming well-maintained community with sidewalks and many amenities incl heated pool, tennis/pickleball, clubhouse (with organized social activities), billiards, bocce, shuffleboard, exercise facility and much more! HOA dues incl yard maintenance, Comcast Cable/Internet & ADT Security. Ideally located near LW Beach, PBI & Wellington amenities (hospital, mall, restaurants, etc

Details

Property type

Single Family Residence

Est. home value

$525,365

Lot size

6,600 sq ft

Price per sq ft

$205

Year built

1999

Annual property taxes

$4,333

Monthly HOA fee

$470

Price History

10/26/2024
Beaches

Beaches #R11022184

Price change
$475,000
-5%
09/19/2024
Beaches

Beaches #R11022184

Listed
$500,000
-6.54%
01/01/2024
Beaches

Beaches #R10909337

Removed
$535,000

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

Number of units in community: 

221

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

$220,131
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$216,869
Cash to seller
$220,131

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

Seller’s Loan History

Lender

Group One Mortgage Inc

Loan start date

April 2015

Original loan amount

$273,745

Est. remaining balance

$216,869

Interest rate

3.76%

Loan type

VA, 30 year

Seller

Philip R Deming and Edith M Deming

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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8310 Lake Cypress Rd, Lake Worth, FL 33467

Status: Active

Tomo last checked: 11/22/2024 at 9:45 PM

Listing updated: 11/15/2024 at 12:35 PM

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

MLS: Beaches #R11022184

Beaches logo

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