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$217,000

Beds
2
Baths
2.0
sq ft
996

1500 Presidential Way Unit 802, West Palm Beach, FL 33401

1500 Presidential Way Unit 802

West Palm Beach, FL 33401

  • 68 days on market
    • Price drop $13,000↓
Discover modern living in this beautifully updated 8th-floor condo. Renovated in 2021, it features sleek laminate flooring, fresh paint, and cozy carpeted bedrooms. The well-appointed kitchen boasts stainless steel appliances. Relax on the screened balcony with serene city and golf course views, or enjoy stunning sunsets (west-facing). Laundry facilities are conveniently located on each floor. The building offers secure entry and an elevator. Furniture is negotiable! Ideally located across from Palm Beach Outlet and minutes from I-95. Passed 50-year inspection. This perfectly priced gem won't last long!

Details

Property type

Condominium

Est. home value

$200,250

Lot size

Unknown

Price per sq ft

$218

Year built

1972

Annual property taxes

$2,939

Monthly HOA fee

$815

Price History

07/17/2024
Beaches

Beaches #R11004876

Price change
$217,000
-5.65%
07/15/2024
Beaches

Beaches #R11004876

Listed
$230,000
+78.29%
12/17/2020
Beaches

Beaches #R10635760

Sold
$129,000
+48.28%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

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

$93,294
Asking price
$217,000
Closing costs (~8% of asking)
-$17,360
Est. remaining loan balance
-$106,346
Cash to seller
$93,294

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

Seller’s Loan History

Lender

American Financial Network Inc

Loan start date

December 2020

Original loan amount

$116,100

Est. remaining balance

$106,346

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

John Mack Townsley Chavis Jr and Lisa M Chavis

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: 09/20/2024 at 11:05 PM

Listing updated: 09/20/2024 at 5:10 PM

Listed by: Kathleen Alexis, Partnership Realty Inc. Phone #: (561) 355-0270

MLS: Beaches #R11004876

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