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$890,000

Beds
4
Baths
4.0
sq ft
3,668

8503 Portobello Ln, Palm Beach Gardens, FL 33418

8503 Portobello Ln

Palm Beach Gardens, FL 33418

  • 30 days on market
Welcome to 8503 Portobello Lane, Your Palm Beach Gardens Retreat!Located in the desirable Montecito community, this spacious four-bedroom, four-bathroom home offers 4,686 total square feet. Montecito is a pet-friendly neighborhood ideally situated with top-rated schools, upscale shopping, championship golf courses, fine dining, and the beautiful beaches nearby.The home features a versatile layout with plenty of room to entertain, work, and relax. The expansive backyard provides ample space for a future swimming pool, giving you the opportunity to design your own private oasis.

Details

Property type

Single Family Residence

Est. home value

$870,771

Lot size

9,583 sq ft

Price per sq ft

$243

Year built

2005

Annual property taxes

$7,298

Monthly HOA fee

$344

Price History

11/22/2024
Beaches

Beaches #R11039629

Listed
$890,000
09/17/2024
Beaches

Beaches #R10940448

Removed
$890,000
06/22/2024
Beaches

Beaches #R10940448

Price change
$890,000
-1%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Sidewalks

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

$457,589
Asking price
$890,000
Closing costs (~8% of asking)
-$71,200
Est. remaining loan balance
-$361,211
Cash to seller
$457,589

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

October 2017

Original loan amount

$423,000

Est. remaining balance

$361,211

Interest rate

3.86%

Loan type

New Conventional, 30 year

Seller

Gary E Kegg and Sharon K Kegg

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: 12/22/2024 at 10:55 AM

Listing updated: 12/11/2024 at 1:30 PM

Listed by: Helen McCulloch, Your Home Sold Guaranteed Realty Services Phone #: (800) 680-5580

MLS: Beaches #R11039629

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