Florida Real Estate

Biltmore Terrace

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Tuesday, November 24th, 2009 06:21:07 PM
Home | Lake Worth |  Biltmore Terrace >  R3010503

Biltmore Terrace Under Contract

$325,000

     5361 Palm Wy Lake Worth, Florida 33463
Lake Worth Realtor

Photos of 5361 Palm Wy Lake Worth, FL 33463

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R3010503
Biltmore Terrace Real Estate 5361 Palm Wy

SPECIFICATIONS

Bedrooms: 4
Bathrooms: 2 Full, 1 Half
Square Feet: 3,986 SF
Living Area: 3,390 SF
Garage: 2 Car
Pool: Y,X
Waterfront: N, None
Year Built: 1992

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 PROPERTY DESCRIPTION

Lake Worth:Biltmore Terrace. Enter this home through double doors into the 14x10 foyer. ahead is the large living room complete with vaulted ceilings and a brick fireplace. french doors lead from the living room to patio/salt water pool. Enjoy nature-even has it's own aviary. Aviary would be great for a child's playhouse. hugh cooks dream kitchen complete with 2 stoves plus wall convection oven, 2 refrigerators, very large island w/sitting area, custom painted back splach and custom english painted cabinets. master suite features marle flooring, sitting area, french doors to patio/pool area, lavish masterbath which is 24x14 and includes his & her closets, marble floring, step up jacuzzi bath and large separate shower. Mstr bath also has door to pool. Den listed above is actually 2 individual offices. If not needed as offices this would be a great playroom for children. this home has custom faux finish and professional murals through out. this home was originally built by a custom builder for himself. Currently used familyroom could also bea hugh formal dining room. Other upgraded features include security system, hurricane shutters, recess lighting and french doors. truly a home of luxury.

ADDITIONAL DETAILS ON THIS BILTMORE TERRACE HOME

Community: Biltmore Terrace
Subdivision: Biltmore Terrace
HOA:None $0 Per
Lot: 1/2 - Lt 1 Ac
Master Bedroom: 19X15
Second Bedroom: 12X11
Third Bedroom: 13X12
Fourth Bedroom: 11X10
Kitchen: 33X26
Living Room: 21X15
Roof: Comp.Shingle
Flooring: Carpet,Ceramic Tile,Wood,Marble
Construction: Frame/Stucco,Hollow Tile
Biltmore Terrace Community Information: None. Restrictions: Lease Ok,None
Exterior Features: Covrd Patio,Scrnd Patio,Shed,Fence,Fruit Tree
Interior Features: Cat/Vau Ceil,Split Bedrms,Wlk In Clos,Blt In Shel,Pantry,Foyer,French Door,Fireplace,Laundry Tub,Pull Dn Str,Ent Lvl Liv
Equipment Included: Washer,Dryer,Refrigerator,Range,Dishwasher,Elec Wtr Htr,Ice Maker,Disposal,Smoke Detect,Auto Gar Dr,Satel Dish,Wall Oven.
This Listing courtesy of Keller Williams Realty Boca Raton

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

Purchase Price:
$325,000.00
Down Payment:
$32,500.00
Amount Financed:
$292,500.00
Monthly Mortgage Payment:
$1,570.20(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 $160.88 to your monthly payment.
onthly Payment:
$1,731.08 (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 $308,750.00 the next time it sells, the annual real estate taxes will be approximately $5,403.13 This could add $450.26 to your monthly payment. Homestead or other exemptions could lower your taxes for this property.
TOTAL Monthly Payment:
$2,181.34 (including PMI and Real Estate tax)

5361 Palm Wy 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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