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$895,000

Beds
2
Baths
1.0
sq ft
1,096

3809 S Olive Ave, West Palm Beach, FL 33405

3809 S Olive Ave

West Palm Beach, FL 33405

  • 5 days on market
Great opportunity to customize this property located at the gateway to Palm Beach island.Excellent location East of US 1 near the waterfront. Currently it's a charming 2 bedroom / 1 bath but can easily be converted to a 3/2.

Details

Property type

Single Family Residence

Est. home value

$598,425

Lot size

5,019 sq ft

Price per sq ft

$817

Year built

1928

Annual property taxes

$6,832

Price History

12/17/2024
Beaches

Beaches #R11045652

Listed
$895,000
+72.12%
09/26/2024
Beaches

Beaches #R11021636

Sold
$520,000
-0.95%
09/23/2024
Beaches

Beaches #R11021636

Pending
$525,000

Schools & Community

Neighborhood: 

Central Park

Elementary school: 

Palmetto (Miami Dade)

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

$656,035
Asking price
$895,000
Closing costs (~8% of asking)
-$71,600
Est. remaining loan balance
-$167,365
Cash to seller
$656,035

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

November 2012

Original loan amount

$233,700

Est. remaining balance

$167,365

Interest rate

3.49%

Loan type

New Conventional, 30 year

Seller

Mark D Evans

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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Status: Active

Tomo last checked: 12/22/2024 at 6:25 AM

Listing updated: 12/17/2024 at 11:35 PM

Listed by: Jules Franco, Century 21 America's Choice Phone #: (561) 659-3630

MLS: Beaches #R11045652

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