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$630,900

Beds
4
Baths
2.5
sq ft
2,706

8887 Majorca Bay Dr, Lake Worth, FL 33467

8887 Majorca Bay Dr

Lake Worth, FL 33467

  • Pending
    • Price drop $15,000↓
55+ community. Great property in Lake Worth, FL, offers a stunning layout. Enjoy peace of mind nestled within one of Palm Beach County's most expansive and sought-after resort-style gated communities tailored for those aged 55+.

Details

Property type

Single Family Residence

Est. home value

$660,155

Lot size

9,306 sq ft

Price per sq ft

$234

Year built

2003

Annual property taxes

$8,617

Monthly HOA fee

$717

Price History

09/09/2024
Beaches

Beaches #R11013586

Pending
$630,900
08/26/2024
Beaches

Beaches #R11013586

Price change
$630,900
-2.32%
08/17/2024
Beaches

Beaches #R11013586

Listed
$645,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Gated, 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

$400,517
Asking price
$630,900
Closing costs (~8% of asking)
-$50,472
Est. remaining loan balance
-$179,911
Cash to seller
$400,517

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

Seller’s Loan History

Lender

Americas Wholesale Lender

Loan start date

March 2004

Original loan amount

$350,000

Est. remaining balance

$179,911

Interest rate

5.72%

Loan type

Not Provided, 30 year

Seller

Robert L Cole and Suzanne C Cole

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: Pending/Under Contract

Tomo last checked: 09/16/2024 at 9:55 AM

Listing updated: 09/09/2024 at 8:46 AM

Listed by: Bobby Medalian, Medalian Real Estate & Investm Phone #: (561) 622-4131

MLS: Beaches #R11013586

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