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$3,716,924Estimated home value

Beds
4
Baths
4.5
sq ft
3,865

245 Edmor Rd, West Palm Beach, FL 33405

245 Edmor Rd

West Palm Beach, FL 33405

  • Sold On 8/30/2024
Paradise awaits at this coastal luxury estate nestled in the heart of ''SoSo,'' one of West Palm Beach's most coveted neighborhoods. Custom-built in 2019 by ''Award Winning'' Chris Allen Homes, this breathtaking two-story residence boasts exquisite design and superior craftsmanship throughout the 3,865 sqft of living space. Upon entering, you are greeted by soaring ceilings, natural light, an expansive open floor plan, gorgeous wide plank wood floors, and a beautiful glass wine display. The heart of the home is the gourmet kitchen featuring Jenn-Air appliances, Sub-Zero fridge, natural gas, pot filler, and a hidden walk-in pantry offering ample storage. The main floor features 1 bedroom with an ensuite, 2 car garage, laundry room, and a cabana bath leading to a backyard oasis featuring...

Details

Property type

Single Family Residence

Est. home value

$3,716,924

Lot size

6,403 sq ft

Price per sq ft

$1,035

Year built

2019

Annual property taxes

$39,538

Price History

08/30/2024
Beaches

Beaches #R10998031

Removed
$3,999,999
+28.66%
08/29/2024
Beaches

Beaches #R10998031

Sold
$3,109,071
-22.27%
08/21/2024
Beaches

Beaches #R10998031

Pending
$3,999,999

Schools & Community

Neighborhood: 

South Side

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

$2,664,720
Asking price
$3,999,999
Closing costs (~8% of asking)
-$320,000
Est. remaining loan balance
-$1,015,279
Cash to seller
$2,664,720

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

February 2019

Original loan amount

$1,127,244

Est. remaining balance

$1,015,279

Interest rate

4.55%

Loan type

New Conventional, 30 year

Seller

Andrew Scearce and Susan Scearce

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: Off Market

Tomo last checked: 10/04/2024 at 11:35 PM

Listing updated: 08/31/2024 at 2:53 AM

Listed by: Ty Chivers, Premier Properties of South Fl Phone #: (561) 747-6600

MLS: Beaches #R10998031

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