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$1,450,000

Beds
4
Baths
2.0
sq ft
2,086

981 SW 8th St, Boca Raton, FL 33486

981 SW 8th St

Boca Raton, FL 33486

  • 79 days on market
Renovation completed in 2023! Magnificient 4-bedroom ''smart home'' in east Boca Raton community situated on a canal leading to Square Lake. New A/C with ''smart'' thermostat installed in 2024. Incomparable fitness pool with hydrodrive propulsion and both heating and cooling for year-round enjoyment. Pool and marble patio completed in 2023 and new sod, irrigation system and privacy fence surrounding lot all new. Wide-plank European white oak flooring in all bedrooms; 24x48 Spanish porcelain in all public areas. Paneled interior doors and custom millwork throughout, custom hardware. Lioher kitchen cabinetry and GE stainless appliances including 48-inch built-in ''smart'' refrigerator. Metal roof. New water heater 2022. Impact glass throughout including garage doors.

Details

Property type

Single Family Residence

Est. home value

$1,265,896

Lot size

8,237 sq ft

Price per sq ft

$696

Year built

1987

Annual property taxes

$13,997

Price History

10/05/2024
Beaches

Beaches #R11026753

Listed
$1,450,000
+11.62%
08/10/2022
Beaches

Beaches #R10811948

Sold
$1,299,000
+58.41%
02/25/2022
Beaches

Beaches #F10316779

Sold
$820,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

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

$729,647
Asking price
$1,450,000
Closing costs (~8% of asking)
-$116,000
Est. remaining loan balance
-$604,353
Cash to seller
$729,647

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

August 2022

Original loan amount

$647,200

Est. remaining balance

$604,353

Interest rate

5.81%

Loan type

New Conventional, 20 year

Seller

Jack Schwager and Jo Ann Schwager

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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Price drop
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940 SW 18th St, Boca Raton, FL 33486

Status: Active

Tomo last checked: 12/23/2024 at 6:20 PM

Listing updated: 12/10/2024 at 12:55 PM

Listed by: John List, Douglas Elliman Phone #: (561) 245-2635

MLS: Beaches #R11026753

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