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$849,500

Beds
3
Baths
2.0
sq ft
1,600

386 Franklin Rd, West Palm Beach, FL 33405

386 Franklin Rd

West Palm Beach, FL 33405

  • 29 days on market
    • Price drop $16,000↓
Stunning, Fully Renovated 2-Bedroom Home in Prime Location.Move right into this beautifully redesigned and renovated 2-bedroom, 2-bath home with an office! Everything is brand new, including new flooring throughout, a new roof (2021), new bathrooms, a modern kitchen with new appliances, a new washer and dryer, and fresh paint! The home features a spacious backyard, offering plenty of room to add a pool and includes an outdoor kitchen under a beautiful gazebo, perfect for entertaining. It's all been meticulously updated, from the kitchen to the windows and flooring--this home is truly move-in ready. Located south of Southern Blvd. and east of Dixie Highway, you'll be close to everything! In the sought-after South Olive Elementary school district, near beaches, the Flagler

Details

Property type

Single Family Residence

Est. home value

$758,178

Lot size

8,568 sq ft

Price per sq ft

$531

Year built

1950

Annual property taxes

$7,637

Price History

10/25/2024
Beaches

Beaches #R11027449

Price change
$849,500
-1.85%
10/07/2024
Beaches

Beaches #R11027449

Listed
$865,500
+150.87%
02/23/2021
Beaches

Beaches #R10674163

Sold
$345,000
+88.52%

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

$528,671
Asking price
$849,500
Closing costs (~8% of asking)
-$67,960
Est. remaining loan balance
-$252,869
Cash to seller
$528,671

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

Seller’s Loan History

Lender

Cretainty Home Loans Llc

Loan start date

February 2021

Original loan amount

$276,000

Est. remaining balance

$252,869

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Lorenzo A Rivero

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: 11/05/2024 at 5:45 AM

Listing updated: 10/31/2024 at 5:35 PM

Listed by: Hedy Fana, RE/MAX Excellence Phone #: (561) 509-5787

MLS: Beaches #R11027449

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