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$435,000

Beds
3
Baths
2.0
sq ft
1,145

3210 Greenwood Ave, West Palm Beach, FL 33407

3210 Greenwood Ave

West Palm Beach, FL 33407

  • 4 days on market
This fantastic property is located in the highly sought-after Northwood neighborhood, known for its growing appeal and investment potential. With no HOA restrictions, this property offers a world of opportunitiesThe house structure includes two separate apartments a 2/1 and a 1/1, ideal for stable rental income. The Monthly Rental Income of this property currently generates over $4,000 in rental income. With the renovation of the back cottage, you could add $1,300/month or more bringing the total potential income to over $5,000/month. Both units are occupied by long-term tenants, with leases ending in May 2025 and February 2025.

Details

Property type

Single Family Residence

Est. home value

$380,168

Lot size

5,001 sq ft

Price per sq ft

$380

Year built

1926

Annual property taxes

$5,346

Price History

11/01/2024
Beaches

Beaches #R11033319

Listed
$435,000
+23.58%
06/10/2022
Beaches

Beaches #R10781757

Sold
$352,000
+136.24%
11/03/2017
SEF

SEF #A10340322

Sold
$149,000

Schools & Community

Neighborhood: 

Northwood Hills

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

$77,481
Asking price
$435,000
Closing costs (~8% of asking)
-$34,800
Est. remaining loan balance
-$322,719
Cash to seller
$77,481

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

June 2022

Original loan amount

$334,400

Est. remaining balance

$322,719

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Brayan D Martinez

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: 11/05/2024 at 4:25 AM

Listing updated: 11/04/2024 at 9:35 AM

Listed by: Holly Meyer Lucas, Compass Florida, LLC (Jupiter) Phone #: (561) 406-5228

MLS: Beaches #R11033319

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