tomo logo

$2,999,000

Beds
3
Baths
3.0
sq ft
2,136

140 Monroe Dr, West Palm Beach, FL 33405

140 Monroe Dr

West Palm Beach, FL 33405

  • 113 days on market
Belford Shoumate, Modernist Architect, modified this 1935 home on the WPB lake block.. The light filled spacious primary rooms open up to an expansive pool area, tropical lush gardens, ensuite baths & Al fresco showers. Spacious primary dressing area, hardwood floors, and Cedar closet, There is a nautical inspiration on the second level with an open deck considered the 4th rm The Art Moderne home features a fireplace for the living & dining area. The bright open Kitchen has a gas stove, double ovens, two work stations with sinks, a wine fridge.The ensuite 3rd bed/ family room accesses the garden area. Renovated in 2021. One car garage.Heated Pool. Centrally located to antique row and a bridge away to PB Island.

Details

Property type

Single Family Residence

Est. home value

$1,880,178

Lot size

0.23 acres

Price per sq ft

$1,405

Year built

1935

Annual property taxes

$25,015

Price History

08/01/2024
Beaches

Beaches #R11009146

Listed
$2,999,000
+244.71%
03/05/2020
Beaches

Beaches #R10594480

Sold
$870,000

Schools & Community

Neighborhood: 

Central 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

$2,125,592
Asking price
$2,999,000
Closing costs (~8% of asking)
-$239,920
Est. remaining loan balance
-$633,488
Cash to seller
$2,125,592

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 Horizon Bank

Loan start date

May 2020

Original loan amount

$696,000

Est. remaining balance

$633,488

Interest rate

3.65%

Loan type

New Conventional, 30 year

Seller

Jon Kinsey and Candy Kinsey

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?

Similar Homes Nearby

Beaches
$3,299,000
3 bd
|
2.5 ba
|
2,950 sq ft
|
House

3130 Vincent Rd, West Palm Beach, FL 33405

Beaches
$2,850,000
3 bd
|
3 ba
|
1,512 sq ft
|
House

2417 S Olive Ave, West Palm Beach, FL 33401

Beaches
$2,600,000
3 bd
|
2.5 ba
|
1,708 sq ft
|
House

2411 S Olive Ave, West Palm Beach, FL 33401

Status: Active

Tomo last checked: 11/22/2024 at 5:55 AM

Listing updated: 10/02/2024 at 11:33 AM

Listed by: Manal F. Hammad, Compass Florida LLC Phone #: (305) 851-2820

MLS: Beaches #R11009146

Beaches logo