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$5,998,000

Beds
4
Baths
4.5
sq ft
3,698

112 Roosevelt Pl, West Palm Beach, FL 33405

112 Roosevelt Pl

West Palm Beach, FL 33405

  • 18 days on market
No detail was spared during the complete renovation of this beautiful 1928 Mediterranean home located in the highly desirable Prospect Park neighborhood. Offering all the luxuries of new construction, 112 Roosevelt is located East of Olive and steps from the intracoastal. As you approach the original Pecky Cypress front door you see the care given to this home. The lush landscaping with Chicago brick throughout the property are seamlessly integrated into the home's style. The main home boasts 3 bedrooms, 2.5 bathrooms, refinished wood floors, 8-foot doors, custom closets, new roof, ACs, hurricane windows, heated pool, gas tankless water heaters, whole house water filtration/softener, a Generac gas generator for the whole property plus a full security system.Once inside, you will be

Details

Property type

Single Family Residence

Est. home value

$6,023,033

Lot size

7,632 sq ft

Price per sq ft

$1,622

Year built

1928

Annual property taxes

$77,837

Price History

11/04/2024
Beaches

Beaches #R11034058

Listed
$5,998,000
+3.41%
07/29/2024
Beaches

Beaches #R10957378

Removed
$5,800,000
03/21/2024
Beaches

Beaches #R10957378

Price change
$5,800,000
-3.25%

Schools & Community

Neighborhood: 

Propect-Southland Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$4,094,016
Asking price
$5,998,000
Closing costs (~8% of asking)
-$479,840
Est. remaining loan balance
-$1,424,144
Cash to seller
$4,094,016

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

Seller’s Loan History

Lender

First Republic Bank

Loan start date

March 2022

Original loan amount

$1,500,000

Est. remaining balance

$1,424,144

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Mario O Mariasch and Patricia S Mariasch

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: 11/22/2024 at 5:50 AM

Listing updated: 11/05/2024 at 6:45 PM

Listed by: Nathan Davis, One Sotheby's International Re Phone #: (561) 694-0058

MLS: Beaches #R11034058

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