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$1,475,000

Beds
6
Baths
3.5
sq ft
3,463

265 Westwood Cir E, West Palm Beach, FL 33411

265 Westwood Cir E

West Palm Beach, FL 33411

  • 17 days on market
    • Price drop $100,000↓
Welcome home! This re-built in 2008 spectacular property offers 4-bedrooms, 3.5-baths in the main house with a separate 4+ car garage, spanning over 7000 total sq. ft. of space. The 2100 square foot garage includes a separate office and workshop, as well as an upstairs area with plumbing that can be effortlessly transformed into comfortable living quarters. Situated on over 1 acre this property offers the perfect pie shape and boasts the most stunning lake views in the community. Located in the private community of Westwoods, the location is perfection with quick access to major highways, a short trip to the beach or to Wellingtons Equestrian Festivities. This property truly offers the best of both worlds, a sanctuary of serenity nestled within a vibrant community.

Details

Property type

Single Family Residence

Est. home value

$1,523,101

Lot size

0.9 acres

Price per sq ft

$426

Year built

2008

Annual property taxes

$8,039

Monthly HOA fee

$142

Price History

08/22/2024
Beaches

Beaches #R10955985

Removed
$1,565,000
+99265.08%
08/22/2024
Beaches

Beaches #R11014675

Removed
$1,575
08/22/2024
Beaches

Beaches #R11014675

Listed
$1,575
-99.89%

Schools & Community

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

Peninsula Bank

Loan start date

December 2008

Original loan amount

$160,000

Est. remaining balance

Not provided

Interest rate

6.14%

Loan type

Credit Line (Revolving), 20 year

Seller

Richard Demartino and Dorothy Demartino

Lender

Sentinel Mortgage Company

Loan start date

December 2008

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

6.25%

Loan type

Not Provided, 30 year

Seller

Richard Demartino and Dorothy Demartino

Lender

Wachovia Mortgage Corp

Loan start date

April 2005

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

5.62%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Richard Demartino and Dorothy Demartino

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: 09/08/2024 at 7:05 AM

Listing updated: 08/23/2024 at 1:33 AM

Listed by: Natalie Ruskay, Allied Property Mgmt Group Inc Phone #: (561) 214-4517

MLS: Beaches #R11014716

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