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$410,000

Beds
5
Baths
3.0
sq ft
1,000

4011 Virginia Ter, West Palm Beach, FL 33405

4011 Virginia Ter

West Palm Beach, FL 33405

  • 1 day on market
Located just minutes from Palm Beach International Airport, this versatile property offers a fantastic opportunity for homeowners or investors! The main house features 3 bedrooms and 1 full bathroom.The property also features 2 separate efficiency units, ideal for rental income or hosting guests. These efficiencies are consistently generating income, making this property not only a great home but also a savvy investment. Close to major highways, shopping, dining, and the vibrant West Palm Beach downtown, this property offers the perfect blend of lifestyle and financial return.

Details

Property type

Single Family Residence

Est. home value

$373,658

Lot size

6,599 sq ft

Price per sq ft

$410

Year built

1955

Annual property taxes

$2,891

Price History

10/17/2024
Beaches

Beaches #R11029215

Listed
$410,000
+148.48%
05/17/2017
Beaches

Beaches #R10293567

Sold
$165,000

Schools & Community

Neighborhood: 

Southwest

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

$238,626
Asking price
$410,000
Closing costs (~8% of asking)
-$32,800
Est. remaining loan balance
-$138,574
Cash to seller
$238,626

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

April 2017

Original loan amount

$162,011

Est. remaining balance

$138,574

Interest rate

4.21%

Loan type

FHA, 30 year

Seller

Vladimir Blanco Menendez and Angela Menendez Castro

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: 10/18/2024 at 6:15 AM

Listing updated: 10/17/2024 at 5:15 PM

Listed by: Yelismar Colon, RE/MAX Gold Phone #: (772) 607-9600

MLS: Beaches #R11029215

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