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$1,397,000

Beds
3
Baths
2.0
sq ft
1,241

249 Cortez Rd, West Palm Beach, FL 33405

249 Cortez Rd

West Palm Beach, FL 33405

  • 222 days on market
    • Price drop $98,000↓
Enjoy indoor and outdoor living in this updated home in a Great Neighborhood. Tremendous value in a highly sought after and convenient location near the Intracoastal Waterway. New baths, newer kitchen, all tile floors. Large backyard (7000 sf lot, approx- 50x140) with large storage building for bikes and other toys! Plenty of room for pool. Home is ready to move in or you may add on to the existing structure or completely rebuild. Lots of possibilities. New central A/C-2017, New roof 2020, Tankless h20 heater-2021 Very popular and lucrative Air BnB. Also available for lease.

Details

Property type

Single Family Residence

Est. home value

$1,347,230

Lot size

Unknown

Price per sq ft

$1,126

Year built

1954

Annual property taxes

$9,098

Price History

07/26/2024
Beaches

Beaches #R10972852

Price change
$1,397,000
-6.56%
07/12/2024
Beaches

Beaches #R10972852

Listed
$1,495,000
05/14/2024
Beaches

Beaches #R10972852

Removed
$1,495,000

Schools & Community

Neighborhood: 

South Side

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

$1,163,058
Asking price
$1,397,000
Closing costs (~8% of asking)
-$111,760
Est. remaining loan balance
-$122,182
Cash to seller
$1,163,058

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

October 2012

Original loan amount

$169,598

Est. remaining balance

$122,182

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Kirsten A Dembowiak and Vincent Mastro

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: 11/05/2024 at 4:15 PM

Listing updated: 10/17/2024 at 11:45 AM

Listed by: Ken Marshall, Partnership Realty Inc. Phone #: (561) 355-0270

MLS: Beaches #R10972852

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