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$1,100,000

Beds
6
Baths
5.5
sq ft
4,813

8965 Cypress Grove Ln, Royal Palm Beach, FL 33411

8965 Cypress Grove Ln

Royal Palm Beach, FL 33411

  • 126 days on market
    • Price drop $90,000↓
Are you dreaming of owning an estate home in a private gated community of only 19 homes? If so, look no further than this spectacular 6 bedroom, 5.5 bathroom home! Almost 5000 square feet under air. This beautiful palace is situated on a cul de sac with magnificent lakefront views. Built in 2014, you are buying the peace of mind that a newer home gives you. Once inside you will notice the custom marble flooring throughout the main living space. This bright and luxurious flooring takes you past the formal dining room and into the two story stunning living room. You won't know whether to look up at all of the magnificent details of the room and showpiece staircase, or look outside at the tranquil fountain on the lake. As you progress into the home, stop to admire the spacious chef's

Details

Property type

Single Family Residence

Est. home value

$1,376,902

Lot size

0.24 acres

Price per sq ft

$229

Year built

2014

Annual property taxes

$9,795

Monthly HOA fee

$345

Price History

06/12/2024
Beaches

Beaches #R10987882

Price change
$1,100,000
-7.56%
05/16/2024
Beaches

Beaches #R10987882

Listed
$1,190,000
-7.75%
04/30/2024
Beaches

Beaches #R10973921

Removed
$1,290,000

Schools & Community

Elementary school: 

Everglades

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Park, Street Lights, 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

$566,817
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$445,183
Cash to seller
$566,817

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

Seller’s Loan History

Lender

K Hovnanian American Mortgage Llc

Loan start date

October 2014

Original loan amount

$559,800

Est. remaining balance

$445,183

Interest rate

4.12%

Loan type

New Conventional, 30 year

Seller

Farokh Jiveh and Jhaleh Jiveh

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: 09/18/2024 at 10:25 PM

Listing updated: 09/02/2024 at 2:13 AM

Listed by: Amy Considine, Keller Williams Realty - Welli Phone #: (561) 472-1236

MLS: Beaches #R10987882

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