Tuesday, November 24th, 2009 09:02:09 PM

Home | West Palm Beach | Riverwalk > R3052194

Riverwalk Under Contract

$339,900

7713 Red River Rd West Palm Beach, Florida 33411

Photos of 7713 Red River Rd West Palm Beach, FL 33411

R3052194 | Virtual Tour

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SPECIFICATIONS

Bedrooms: 3
Bathrooms: 2 Full, 0 Half

Square Feet: 2,687 SF
Living Area: 2,001 SF

Garage: 2 Car
Pool: Y,X

Waterfront: Y, Lake
Year Built: 2000

RIVERWALK WEST PALM BEACH SCHOOL INFORMATION

Elementary: Grassy Waters Elementary School
Other Homes zoned for Grassy Waters District

Middle: Jeaga Middle School
Other Homes zoned for Jeaga District

High: Palm Beach Lakes High School
Other Homes zoned for Palm Beach Lakes District

RIVERWALK PROPERTY DESCRIPTION

West Palm Beach:Riverwalk. What a magnificent pool home!this gorgeous "oakmont" absolutely pristine condition. Custom over sized pool has a 6 person heated spa with tropical lighting and waterfalls added to the ambiance!12 foot ceilings in great room."as is" w/right to inspect With a built-in entertainment center, folding accordion shutters are just some of the features of this beautiful home. Riverwalk offers luxury resort-style living, without extravagant "country club" fees! play a set of tennis, meet friends for a light lunch, enjoy 12 miles of scenic pedestrian pathways, take a quick swim or enjoy a vigorous work out in the fitness center and swim laps-all for the exclusive use of riverwalk residents! the heart of this unique residential community is its town center. In addition to its three heated pools and a fitness center, the tennis pavilion features eight lighted har-tru tennis courts.other conveniences included within the town center are meeting rooms, activities rooms, a village store, post office, gas pumps, bank, atm, resident concierge services, beauty salon and, of course, a full-service real estate office! everyday tasks can be accomplished right inside the seclusion of our gated community. With on-site management and a full-time activities director, special events and daily activities are abundant and everyone is kept apprised of all the happenings via the riverwalk television channel and the monthly newsletter. There is something for everyone - whether young or "time-honored"! it's a paradise! town center amenities include: general store, town hall, beauty salon, post office, bank & atm bank teller, real estate and rental office, gas pumps,fitness center, aquatic center,tennis courts, multi-purpose

ADDITIONAL DETAILS ON THIS RIVERWALK HOME

Community: Riverwalk
Subdivision: Riverwalk
Model: Oakmont
HOA:Mandatory $258 Per Month

Master Bedroom: 17X15
Second Bedroom: 12X11
Third Bedroom: 13X11

Kitchen: 10X8
Living Room: 16X24
Roof: Barrel
Flooring: Carpet,Ceramic Tile
Construction: Concrete

Riverwalk Community Information: Pool,Tennis,Bike - Jog,Exer Room,Commun Room,Library,Sidewalk,Mgr on Site. Restrictions: Pet Restr
Exterior Features: Scrnd Patio,Auto Sprink
Interior Features: Cat/Vau Ceil,Wlk In Clos,W/D Hookup,Laundry Tub
Equipment Included: Washer,Dryer,Refrigerator,Range,Dishwasher,Elec Wtr Htr,Disposal,Ice Maker,Microwave,Auto Gar Dr,Cntrl Vac.
This Listing courtesy of Illustrated Properties

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

Purchase Price:

$339,900.00

Down Payment:

$33,990.00

Amount Financed:

$305,910.00

Monthly Mortgage Payment:

$1,642.19(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 $168.25 to your monthly payment.

onthly Payment:

$1,810.44 (Principal & Interest, and PMI)

Real Estate Taxes:

Real Estate Taxes in West Palm Beach Florida are calculated by applying the millage rate to the assessed value.
Homes in West Palm Beach Florida are re-assessed when they are sold and typically will be assessed at slightly below the purchase price. Assuming this home in Riverwalk is assessed at about $322,905.00 the next time it sells, the annual real estate taxes will be approximately $5,650.84 This could add $470.90 to your monthly payment. Homestead or other exemptions could lower your taxes for this property.

TOTAL Monthly Payment:

$2,281.34 (including PMI and Real Estate tax)

Mortgage Quote for this property

7713 Red River Rd West Palm Beach, Florida 33411 (Riverwalk)

The data relating to West Palm Beach real estate and Riverwalk 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 West Palm Beach Riverwalk 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. West Palm Beach Riverwalk 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 West Palm Beach Riverwalk.

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