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$599,000

Beds
1
Baths
1.5
sq ft
1,012

2860 S Ocean Blvd Unit 209, Palm Beach, FL 33480

2860 S Ocean Blvd Unit 209

Palm Beach, FL 33480

  • 13 days on market

Details

Property type

Condominium

Est. home value

$441,057

Lot size

Unknown

Price per sq ft

$592

Year built

1971

Annual property taxes

$4,497

Monthly HOA fee

$1,000

Price History

09/03/2024
Beaches

Beaches #R11018043

Listed
$599,000
+126.04%
07/13/2020
Beaches

Beaches #R10609756

Sold
$265,000
+76.67%
04/26/2017
Beaches

Beaches #F10044351

Sold
$150,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$448,587
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$102,493
Cash to seller
$448,587

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

April 2017

Original loan amount

$120,000

Est. remaining balance

$102,493

Interest rate

4.15%

Loan type

New Conventional, 30 year

Seller

Maryann Petrides

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?

Status: Active

Tomo last checked: 09/16/2024 at 6:00 PM

Listing updated: 09/12/2024 at 10:56 AM

Listed by: Patrick Letourneau, One Sotheby's International Re Phone #: (561) 694-0058

MLS: Beaches #R11018043

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