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$4,650,000

Beds
5
Baths
5.5
sq ft
3,954

315 Ellamar Rd, West Palm Beach, FL 33405

315 Ellamar Rd

West Palm Beach, FL 33405

  • <1 day on market
Last chance to customize this one story home with a completely separate guest house! The main house boasts an expansive primary bedroom, complete with two large walk-in closets and spa bath. You'll also find a versatile bonus room perfect for a home office, playroom, or media room. Step outside to your own private oasis: a covered lanai with a fully-equipped summer kitchen, ideal for entertaining by the sparkling pool. For added privacy and convenience, a separate guest house awaits, featuring its own bar, full bathroom, and walk-in closet--perfect for hosting guests or creating a cozy in-law suite. With modern finishes, spacious living areas, and a prime layout, this home is a true gem. **Completion Q1 2026.**Don't miss the opportunity to make it yours!

Details

Property type

Single Family Residence

Est. home value

$1,033,908

Lot size

0.25 acres

Price per sq ft

$1,177

Year built

2025

Annual property taxes

$12,436

Price History

01/31/2025
Beaches

Beaches #R11057674

Listed
$4,650,000
+250.94%
11/13/2024
Beaches

Beaches #R11025255

Sold
$1,325,000
-16.67%
11/04/2024
Beaches

Beaches #R11025255

Pending
$1,590,000

Schools & Community

Neighborhood: 

South Side

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

$4,028,651
Asking price
$4,650,000
Closing costs (~8% of asking)
-$372,000
Est. remaining loan balance
-$249,349
Cash to seller
$4,028,651

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

Seller’s Loan History

Lender

Suntrust Mortgage Inc

Loan start date

December 2006

Original loan amount

$400,000

Est. remaining balance

$249,349

Interest rate

6.36%

Loan type

Not Provided, 30 year

Seller

Todd C Mccolgin

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: 01/31/2025 at 5:05 PM

Listing updated: 01/31/2025 at 12:05 PM

Listed by: Jared Niles, Tangent Realty Corp Phone #: (561) 955-0025

MLS: Beaches #R11057674

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