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$316,060Estimated home value

Beds
3
Baths
2.0
sq ft
1,638

1620 Presidential Way Unit 108, West Palm Beach, FL 33401

1620 Presidential Way Unit 108

West Palm Beach, FL 33401

  • Sold On 8/23/2024
    • Price drop $21,000↓
Discover your next home in this luxurious 3-bedroom, 2-bathroom condo, impeccably designed to offer an unparalleled living experience. Nestled on the first floor of an amenity-rich building, this gated property features spacious interiors with 10 ft high ceilings, enhancing the sense of openness and grandeur. The open-concept living space extends outdoors to a private patio, opening directly onto a serene garden, ideal for relaxation or entertaining. The building itself offers an array of premium amenities including reserved parking for two cars, a responsive doorman service, a swimming pool, sauna, and a state-of-the-art fitness center, ensuring every day is infused with comfort and convenience. Step inside to find a large master suite, complete with two walk-in closets and an expansive

Details

Property type

Condominium

Est. home value

$316,060

Lot size

Unknown

Price per sq ft

$182

Year built

2004

Annual property taxes

$3,913

Monthly HOA fee

$625

Price History

08/23/2024
Beaches

Beaches #R10986556

Sold
$285,000
-4.36%
07/29/2024
Beaches

Beaches #R10986556

Pending
$298,000
06/04/2024
Beaches

Beaches #R10986556

Price change
$298,000
-6.58%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

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

$195,768
Asking price
$298,000
Closing costs (~8% of asking)
-$23,840
Est. remaining loan balance
-$78,392
Cash to seller
$195,768

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

Seller’s Loan History

Lender

Prospect Mortgage Llc

Loan start date

May 2013

Original loan amount

$105,750

Est. remaining balance

$78,392

Interest rate

3.54%

Loan type

New Conventional, 30 year

Seller

Darren Craft

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: Off Market

Tomo last checked: 09/08/2024 at 7:20 AM

Listing updated: 09/02/2024 at 2:13 AM

Listed by: Bo Allen, Illustrated Properties LLC Phone #: (561) 582-5338

MLS: Beaches #R10986556

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