tomo logo

$265,000

Beds
2
Baths
2.0
sq ft
1,328

2886 Fernley Dr E Unit 5, West Palm Beach, FL 33415

2886 Fernley Dr E Unit 5

West Palm Beach, FL 33415

  • 16 days on market
This beautifully updated 2-bedroom, 2-bathroom corner unit is located in a vibrant +55 community and offers spacious living with modern finishes. The unit features in-unit laundry, large kitchen cabinets, and a cozy family room perfect for relaxing. With the added benefit of 2 pets allowed (up to 25 lbs), this home offers comfort and convenience. Monthly fees include cable, water, and various other amenities. This rare find in a peaceful community is perfect for relaxed living--schedule a tour today!

Details

Property type

Condominium

Est. home value

$268,744

Lot size

Unknown

Price per sq ft

$200

Year built

1983

Annual property taxes

$1,828

Monthly HOA fee

$677

Price History

02/06/2025
Beaches

Beaches #R11060026

Listed
$265,000
+89.96%
10/25/2019
Beaches

Beaches #R10485067

Sold
$139,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Street Lights, Sidewalks, Tennis Court(s)

Senior community center: 

Yes

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

$145,133
Asking price
$265,000
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$98,667
Cash to seller
$145,133

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

Seller’s Loan History

Lender

Third Fsla Of Cleveland

Loan start date

June 2022

Original loan amount

$107,500

Est. remaining balance

$98,667

Interest rate

5.11%

Loan type

New Conventional, 20 year

Seller

Martha Ferreras

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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706 Sunny Pine Way Unit F1, Greenacres, FL 33415

Status: Active

Tomo last checked: 02/23/2025 at 7:20 AM

Listing updated: 02/18/2025 at 12:45 PM

Listed by: Yudith Garcia, CGI Realty Phone #: (561) 507-0107

MLS: Beaches #R11060026

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