tomo logo

$729,000

Beds
3
Baths
2.0
sq ft
1,560

3619 Spruce Ave, West Palm Beach, FL 33407

3619 Spruce Ave

West Palm Beach, FL 33407

  • 7 days on market
Welcome to 3619 Spruce Avenue.Fantastic financial opportunity in coveted Old Historic Northwood to purchase two homes on a wrap-around corner lot. Both properties are CBS construction and have two new 2022 roofs with hurricane straps. The main house has 2 Bedrooms, 1 bath, and attached garage. The second home is a 530-square-foot cottage with one bedroom and one bath. Perfect for extended family and seasonal guests or rental income.This charming 1950's main home contains gorgeous hardwood floors. Multiple windows provide for light-filled rooms. The kitchen is conveniently located off the garage entrance. A vintage mid-century bathroom completes the charm and has partial impact windows.The cottage has recently been renovated to include all impact windows, a new kitchen,

Details

Property type

Single Family Residence

Est. home value

$659,110

Lot size

5,998 sq ft

Price per sq ft

$468

Year built

1948

Annual property taxes

$8,445

Price History

10/29/2024
Beaches

Beaches #R11032986

Listed
$729,000
+36.26%
02/07/2022
Beaches

Beaches #R10765427

Sold
$535,000

Schools & Community

Neighborhood: 

Old Northwood

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

$181,126
Asking price
$729,000
Closing costs (~8% of asking)
-$58,320
Est. remaining loan balance
-$489,554
Cash to seller
$181,126

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

February 2022

Original loan amount

$518,950

Est. remaining balance

$489,554

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Ross Harness

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: 11/04/2024 at 11:30 PM

Listing updated: 11/01/2024 at 11:35 AM

Listed by: Lisa A Mastronardi, Sotheby's Intl. Realty, Inc. Phone #: (561) 659-3555

MLS: Beaches #R11032986

Beaches logo

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