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$5,485,000

Beds
4
Baths
4.5
sq ft
3,071

232 Essex Ln, West Palm Beach, FL 33405

232 Essex Ln

West Palm Beach, FL 33405

  • 79 days on market
    • Price drop $265,000↓
    • Open house Nov 23
Welcome to 232 Essex Lane! Rare chance to secure a 19,009 sq. ft. lot on one of SoSo's most prestigious streets. Complete with a canopy of banyan trees lining the cul-de-sac, this property offers endless options for those looking to expand or create a custom estate. The current home, a perfect blend of classic Florida elegance & modern updates, includes 4,295 total sq. ft, 4 bedrooms, 5 bathrooms, an office nook & a garage. Unwind in the expansive loggia, offering peaceful views of the lush backyard & swimming pool. The kitchen, featuring quartz countertops & a built-in breakfast nook, effortlessly connects to the outdoor living areas. With a seamless indoor-outdoor flow, this space is perfect for quiet moments or hosting larger gatherings.

Details

Property type

Single Family Residence

Est. home value

$3,774,499

Lot size

0.44 acres

Price per sq ft

$1,787

Year built

1952

Annual property taxes

$54,727

Price History

11/18/2024
Beaches

Beaches #R11017922

Price change
$5,485,000
-4.61%
09/04/2024
Beaches

Beaches #R11017922

Listed
$5,750,000
+94.92%
09/20/2021
Beaches

Beaches #R10688342

Sold
$2,950,000
+55.26%

Schools & Community

Neighborhood: 

South Side

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Republic Bank

Loan start date

July 2018

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

Jeremy Myers and Emily Myers

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: 11/22/2024 at 6:35 AM

Listing updated: 11/18/2024 at 2:15 PM

Listed by: Donald Moore, Compass Florida LLC (PB) Phone #: (305) 851-2820

MLS: Beaches #R11017922

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