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$299,900

Beds
2
Baths
2.0
sq ft
1,189

1801 Presidential Way Unit D202, West Palm Beach, FL 33401

1801 Presidential Way Unit D202

West Palm Beach, FL 33401

  • 92 days on market
***This property is NOT located in one of the High Rises***. Gorgeous 2/2 apartment, tastefully renovated and centrally located in a gated community, minutes away from Clematis St., Elizabeth Square and Downtown West Palm. Accordion shutters and Impact-rated doors. A/C Replaced in 2021 and Roof in 2017. Association fees include Water, Cable TV and Internet. Won't Last!!

Details

Property type

Condominium

Est. home value

$348,731

Lot size

Unknown

Price per sq ft

$253

Year built

1971

Annual property taxes

$3,694

Monthly HOA fee

$636

Price History

04/27/2024
SEF

SEF #A11577361

Listed
$299,900
-9.8%
04/23/2024
SEF

SEF #A11531617

Removed
$332,500
03/28/2024
SEF

SEF #A11531617

Price change
$332,500
-0.37%

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

$178,323
Asking price
$299,900
Closing costs (~8% of asking)
-$23,992
Est. remaining loan balance
-$97,585
Cash to seller
$178,323

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

May 2021

Original loan amount

$119,250

Est. remaining balance

$97,585

Interest rate

2.45%

Loan type

New Conventional, 15 year

Seller

Joseph J Gerbino and Grace Gerbino

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: 07/28/2024 at 3:20 PM

Listing updated: 06/19/2024 at 7:43 PM

Listed by: Hingo Nagel, N3 Realty Inc Phone #: (954) 851-4045

MLS: SEF #A11577361

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