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$1,675,000

Beds
3
Baths
4.0
sq ft
1,914

1308 Lake Ave Unit A, West Palm Beach, FL 33401

1308 Lake Ave Unit A

West Palm Beach, FL 33401

  • 25 days on market
Exceptional classic 1920's home. This completely renovated 2-bedroom 3 bath in main home with a separate one-bedroom cottage sits on a rare, oversized lot and a half in coveted Grandview Heights. The home boasts unique architectural elements including light- filled rooms with 12-foot ceilings, throughout. Charm abounds with an open gourmet kitchen and dining area leading to an entertainer's delight. The backyard has a gorgeous, heated saltwater pool/spa and plenty of green space. The separate cottage is plumbed.

Details

Property type

Single Family Residence

Est. home value

$1,292,459

Lot size

8,217 sq ft

Price per sq ft

$876

Year built

1925

Annual property taxes

$18,102

Price History

11/27/2024
Beaches

Beaches #R11040903

Listed
$1,675,000

Schools & Community

Neighborhood: 

Grandview Heights

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

$1,267,000
Asking price
$1,675,000
Closing costs (~8% of asking)
-$134,000
Est. remaining loan balance
-$274,000
Cash to seller
$1,267,000

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

Seller’s Loan History

Lender

Wachovia Bank Na

Loan start date

August 2006

Original loan amount

$437,708

Est. remaining balance

$274,000

Interest rate

6.71%

Loan type

Not Provided, 30 year

Seller

Kimberly Kelley Flynn and Thomas V Flynn

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 1:01 PM

Listed by: Lisa A Mastronardi, Sotheby's Intl. Realty, Inc. Phone #: (561) 659-3555

MLS: Beaches #R11040903

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