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$380,000

Beds
3
Baths
1.0
sq ft
936

401 Cherry Rd, West Palm Beach, FL 33409

401 Cherry Rd

West Palm Beach, FL 33409

  • 31 days on market
Welcome to this cozy corner-lot home, offering 3 bedrooms and 1 bathroom of well-maintained living space. This gem boasts an expansive lot adorned with fruit trees, including coconut and avocado perfect for enjoying the Florida lifestyle. The property features a newer AC, a water filtration system, and solar panels, combining comfort and energy efficiency. The fenced yard, with access on two sides of the street, provides ample space for outdoor activities, gardening, or even expanding in the future. Whether you’re a first-time buyer or looking for a home with charm and potential, this move-in-ready property offers an excellent opportunity. Schedule your tour today and make it yours!

Details

Property type

Single Family Residence

Est. home value

$361,296

Lot size

9,348 sq ft

Price per sq ft

$406

Year built

1952

Annual property taxes

$5,001

Price History

11/20/2024
SEF

SEF #A11697279

Listed
$380,000
+28.81%
01/21/2022
Beaches

Beaches #R10765109

Sold
$295,000
+28.82%
09/29/2021
Beaches

Beaches #R10743820

Sold
$229,000

Schools & Community

Elementary school: 

West Gate

Middle school: 

Jeaga

High school: 

Palm Beach Lakes

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

$81,080
Asking price
$380,000
Closing costs (~8% of asking)
-$30,400
Est. remaining loan balance
-$268,520
Cash to seller
$81,080

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

Seller’s Loan History

Lender

Pnc Bank Na

Loan start date

January 2022

Original loan amount

$286,150

Est. remaining balance

$268,520

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Ivan Rives and Yunaisy 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?

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Status: Active

Tomo last checked: 12/22/2024 at 9:55 AM

Listing updated: 12/20/2024 at 12:20 PM

Listed by: Karla Sucre, EXP Realty LLC Phone #: (888) 883-8509

MLS: SEF #A11697279

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