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$6,995,000

Beds
4
Baths
4.5
sq ft
3,444

971 Lake House Dr, North Palm Beach, FL 33408

971 Lake House Dr

North Palm Beach, FL 33408

  • 56 days on market
Don't miss seeing this newly renovated 4 bedroom, 4 1/2 bath home featuring double fairway views and located on a quiet street. Enjoy the oversized great room with a vaulted ceiling and a fireplace, formal dining room, loggia, island kitchen and pool.

Details

Property type

Single Family Residence

Est. home value

$4,888,544

Lot size

0.38 acres

Price per sq ft

$2,032

Year built

1977

Annual property taxes

$63,667

Monthly HOA fee

$62

Price History

09/27/2024
Beaches

Beaches #R11024383

Listed
$6,995,000
+185.51%
07/28/2020
Beaches

Beaches #R10547969

Sold
$2,450,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Street Lights

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

$4,875,990
Asking price
$6,995,000
Closing costs (~8% of asking)
-$559,600
Est. remaining loan balance
-$1,559,410
Cash to seller
$4,875,990

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

July 2020

Original loan amount

$1,715,000

Est. remaining balance

$1,559,410

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

John T Lamendola and Kristin Lamendola

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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2117 N Suzanne Cir, North Palm Beach, FL 33408

Status: Active

Tomo last checked: 11/22/2024 at 4:45 PM

Listing updated: 10/01/2024 at 7:07 PM

Listed by: David Reback, Reback Realty, Inc Phone #: (561) 627-0066

MLS: Beaches #R11024383

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