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$1,050,000

Beds
3
Baths
2.0
sq ft
2,637

8941 Yearling Dr, Lake Worth, FL 33467

8941 Yearling Dr

Lake Worth, FL 33467

  • 21 days on market
WELCOME TO PARADISE ! The coveted neighborhood of Palm Beach Ranchettes known for its non-HOA community and location. This impeccably maintained home is move-in ready and is nestled on a manicured 1.03-acre lot that is completely fenced with 2 electronic entry gates. The property also features a detached 1200 sq. ft., 7 car garage/workshop. This home boasts a new metal roof in 2024, complete impact windows and doors and has been totally upgraded in the past year with too many upgrades to mention. Please see attached a feature sheet in documents for a complete list of upgrades. It also has a loft which is easily converted into a 4th bedroom or home office.

Details

Property type

Single Family Residence

Est. home value

$828,904

Lot size

1.01 acres

Price per sq ft

$399

Year built

1983

Annual property taxes

$13,010

HOA

Yes

Price History

02/10/2025
Beaches

Beaches #R11061099

Listed
$1,050,000
+29.63%
04/28/2023
Beaches

Beaches #R10835259

Sold
$810,000

Schools & Community

Elementary school: 

Discovery Key

Middle school: 

Unknown

High school: 

Palm Beach Central

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

$331,397
Asking price
$1,050,000
Closing costs (~8% of asking)
-$84,000
Est. remaining loan balance
-$634,603
Cash to seller
$331,397

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2023

Original loan amount

$648,000

Est. remaining balance

$634,603

Interest rate

6.6%

Loan type

New Conventional, 30 year

Seller

Kenneth A Gheorge and Hope S Gheorge

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: 03/04/2025 at 3:30 AM

Listing updated: 02/19/2025 at 1:25 PM

Listed by: Barbara E Lofaro, Signature Int'l Premier Properties Phone #: (561) 404-8850

MLS: Beaches #R11061099

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