Florida Real Estate

Biltmore Terrace

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Tuesday, November 24th, 2009 06:11:06 PM

Biltmore Terrace Shortsale

$315,000

     5300 Palm Way Lake Worth, Florida 33463
Lake Worth Realtor

Photos of 5300 Palm Way Lake Worth, FL 33463

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R2985898   |   Virtual Tour
Biltmore Terrace Real Estate 5300 Palm Way

SPECIFICATIONS

Bedrooms: 4
Bathrooms: 2 Full, 0 Half
Square Feet: 2,364 SF
Living Area: 1,800 SF
Garage: 2 Car
Pool: N,X
Waterfront: N, None
Year Built: 1977

BILTMORE TERRACE LAKE WORTH SCHOOL INFORMATION

Elementary: Hidden Oaks Elementary School
Other Homes zoned for Hidden Oaks District
Middle: Christa Mcauliffe Middle School
Other Homes zoned for Christa Mcauliffe District
High: Park Vista High School
Other Homes zoned for Park Vista District

BILTMORE TERRACE ADD 01 UNREC PROPERTY DESCRIPTION

Lake Worth:Biltmore Terrace. Spacious 4 bedroom 2 bath home on more than a 1/2 acre. a unique find in a unique neighborhood. kitchen features granite counter tops, 6 ft island, oversized maple cabinets with custom molding, large pantry and eat in kitchen. no hoa. Country living in town close to shopping, dining, beaches and major highways. custom front door leading to foyer and living room with vaulted ceilings. diagonal tile throughout home. ceiling fans in every room, custom molding, upgraded doors, pass through window from kitchen to family room. family room with sliding glass doors leading to patio overlooking large private fenced backyard. oversized master bedroom with customer sink vanity, masterbath with double brass shower heads and custom tiled shower. 2 car garage with shelving to keep organized. 20x24 detached shed with running water and electricity for additional storage. many more upgrades to include new water heater, new roof with transferable 50 year warranty. a must see. walking distance to "a" rated schools.

ADDITIONAL DETAILS ON THIS BILTMORE TERRACE HOME

Community: Biltmore Terrace
Subdivision: Biltmore Terrace Add 01 Unrec
Model: Ranch
HOA:Voluntary $15 Per Yearly
Lot: 1/2 - Lt 1 Ac
Master Bedroom: 19X23
Second Bedroom: 14X15
Third Bedroom: 11X13
Fourth Bedroom: 11X13
Kitchen: 17X18
Living Room: 20X15
Roof: Comp.Shingle
Flooring: Carpet,Ceramic Tile
Construction: Frame
Biltmore Terrace Community Information: None.
Exterior Features: Shed,Fence
Interior Features: Stack Bdrms,Pantry,Foyer,W/D Hookup,Ent Lvl Liv
Equipment Included: Washer,Dryer,Refrigerator,Range,Dishwasher,Elec Wtr Htr,Disposal,Smoke Detect.
Additional Information: Sold As-Is
This Listing courtesy of Roses Realty Services Inc

MONTHLY MORTGAGE PAYMENT (30 Year Fixed Rate : 10% Down : 5.000% : 5.04%APR)

Purchase Price:
$315,000.00
Down Payment:
$31,500.00
Amount Financed:
$283,500.00
Monthly Mortgage Payment:
$1,521.89(Principal & Interest ONLY)
Mortgage Insurance:
If you put LESS than 20% down, you will need to pay PMI (Private Mortgage Insurance), which usually is around $55 per month for every $100,000 financed (until you have paid off 20% of your loan). This could add $155.93 to your monthly payment.
onthly Payment:
$1,677.81 (Principal & Interest, and PMI)
Real Estate Taxes:
Real Estate Taxes in Lake Worth Florida are calculated by applying the millage rate to the assessed value.
Homes in Lake Worth Florida are re-assessed when they are sold and typically will be assessed at slightly below the purchase price. Assuming this home in Biltmore Terrace is assessed at about $299,250.00 the next time it sells, the annual real estate taxes will be approximately $5,236.88 This could add $436.41 to your monthly payment. Homestead or other exemptions could lower your taxes for this property.
TOTAL Monthly Payment:
$2,114.22 (including PMI and Real Estate tax)

5300 Palm Way Lake Worth, Florida 33463 (Biltmore Terrace)

The data relating to Lake Worth real estate and Biltmore Terrace homes for sale or lease on the Boca Executive Realty website comes in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate Broker participates. The homes in Lake Worth Biltmore Terrace displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Lake Worth Biltmore Terrace homes for sale that are listed by Brokers other than this Broker are marked with either the listing Broker's name or the MLS name or a logo provided by the MLS. The Detailed listing page about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Boca Executive Realty is an equal housing opportunity real estate broker serving Lake Worth Biltmore Terrace.
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