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$174,900

Beds
2
Baths
1.5
sq ft
847

1505 Crescent Cir Unit C31, West Palm Beach, FL 33403

1505 Crescent Cir Unit C31

Lake Park, FL 33403

  • 191 days on market
    • Price drop $5,000↓
Investment property!!This is a renovated rental property 2 Beds and 1-1/2 Baths that currently has a tenant in place currently pay $1800 Monthy. Or great for First time buyer. It is capable of buying for yourself to live in or for passive income. Centally located off of North lake and close to the beach!!

Details

Property type

Condominium

Est. home value

$159,776

Lot size

Unknown

Price per sq ft

$207

Year built

1967

Annual property taxes

$2,998

Monthly HOA fee

$532

Price History

08/21/2024
SEF

SEF #A11551248

Price change
$174,900
-2.78%
06/26/2024
SEF

SEF #A11551248

Price change
$179,900
-3.28%
05/08/2024
SEF

SEF #A11551248

Price change
$186,000
-6.53%

Schools & Community

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

$48,668
Asking price
$174,900
Closing costs (~8% of asking)
-$13,992
Est. remaining loan balance
-$112,240
Cash to seller
$48,668

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

Seller’s Loan History

Lender

Pmac Lending Services Inc

Loan start date

July 2022

Original loan amount

$116,000

Est. remaining balance

$112,240

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

Drobledo Property Llc

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?

Status: Active

Tomo last checked: 09/21/2024 at 11:25 PM

Listing updated: 08/26/2024 at 3:37 PM

Listed by: Diana Robledo, Potential Property Group Phone #: (305) 260-6300

MLS: SEF #A11551248

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