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$515,000

Beds
3
Baths
2.0
sq ft
1,161

1101 Sunset Rd, West Palm Beach, FL 33401

1101 Sunset Rd

West Palm Beach, FL 33401

  • 53 days on market
    • Price drop $20,000↓
This 3BR, 2BA single family non-HOA home w/ an oversized outdoor side patio, a lush tropical landscaped yard, an outside bar, a firepit & a 7-seater hot tub in the highly desirable Pineapple Park will NOT last! Ideal for families. investors & Airbnb/Rentals. The home boasts updated bathrooms in the split floor plan, an updated kitchen, newer SS appliances, hot water heater 2020, Rainsoft Water filter for the entire home & hurricane impact windows. The home sits high above grade, w/ a poured concrete wall foundation on an elevated prime corner lot. Location A+, close proximity to I-95, the vibrant downtown West Palm Bch area, Grandview Station, Kravis Center, City Place, top rated schools & major universities, plus 5 mins from Palm Beach Intl airport, the Tri Rail & the Brightline.

Details

Property type

Single Family Residence

Est. home value

$434,204

Lot size

6,190 sq ft

Price per sq ft

$444

Year built

1940

Annual property taxes

$6,284

Price History

12/09/2024
Beaches

Beaches #R11032618

Price change
$515,000
-3.74%
10/30/2024
Beaches

Beaches #R11032618

Listed
$535,000
+96.11%
12/06/2019
Beaches

Beaches #R10552332

Sold
$272,800
+15.11%

Schools & Community

Neighborhood: 

Pineapple Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, 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

$236,466
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$237,334
Cash to seller
$236,466

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

Seller’s Loan History

Lender

Sovereign Lending Group Inc

Loan start date

October 2020

Original loan amount

$261,450

Est. remaining balance

$237,334

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Matthew J Schroeder

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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Status: Active

Tomo last checked: 12/22/2024 at 9:20 AM

Listing updated: 12/10/2024 at 12:57 PM

Listed by: Trich Jolicoeur, Realty ONE Group Innovation Phone #: (561) 501-0055

MLS: Beaches #R11032618

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