tomo logo

$825,000

Beds
2
Baths
1.0
sq ft
1,305

309 Edgewood Dr, West Palm Beach, FL 33405

309 Edgewood Dr

West Palm Beach, FL 33405

  • 93 days on market
    • Price drop $75,000↓
Coveted neighborhood of Southland Park Historic District. This charming two bedroom with convertible den has a renovated bath, impact windows, gas appliances including a tank-less water heater, sprinkler system and AC is 2020. HPB approved plans for a 600 SF single story addition or design your own addition on thisprivate and lush backyard.

Details

Property type

Single Family Residence

Est. home value

$797,024

Lot size

6,386 sq ft

Price per sq ft

$633

Year built

1947

Annual property taxes

$8,181

Price History

11/18/2024
Beaches

Beaches #R11014312

Price change
$825,000
-8.33%
08/21/2024
Beaches

Beaches #R11014312

Listed
$900,000
+143.9%
07/01/2020
Beaches

Beaches #R10621546

Sold
$369,000

Schools & Community

Neighborhood: 

Propect-Southland Park

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

$368,808
Asking price
$825,000
Closing costs (~8% of asking)
-$66,000
Est. remaining loan balance
-$390,192
Cash to seller
$368,808

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

August 2021

Original loan amount

$420,000

Est. remaining balance

$390,192

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Lane Fraum

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?

Similar Homes Nearby

Beaches
$875,000
2 bd
|
1 ba
|
965 sq ft
|
House

744 Avon Rd, West Palm Beach, FL 33401

Price drop
Beaches
$776,000
2 bd
|
1 ba
|
876 sq ft
|
House

411 Franklin Rd, West Palm Beach, FL 33405

Price drop
Beaches
$795,000
2 bd
|
1 ba
|
1,033 sq ft
|
House

426 Monroe Dr, West Palm Beach, FL 33405

Status: Active

Tomo last checked: 11/22/2024 at 5:00 AM

Listing updated: 11/18/2024 at 1:15 PM

Listed by: Tierney O'Hara, Sotheby's Intl. Realty, Inc. Phone #: (561) 659-3555

MLS: Beaches #R11014312

Beaches logo