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$650,000

Beds
3
Baths
1.0
sq ft
1,731

412 Macy St, West Palm Beach, FL 33405

412 Macy St

West Palm Beach, FL 33405

  • <1 day on market
HouseHack? Investment? 2 Homes 1 parcel; front house is a 3/1 + den & private fenced yard: back house is a 3/2 private fenced yard. Front house has 5 year old roof, back house needs roof. Situated on a corner lot with lush landscape. Homes have amazing architectural design from the 20's. Front house has a fireplace and completely remodeled interior with wood floors throughout and stainless appliances. Both homes rented on annual leases, front house ends 7/31/25 paying $2550 and back house 6/30/25 $2100, rents include utilities.

Details

Property type

Single Family Residence

Est. home value

$646,705

Lot size

6,402 sq ft

Price per sq ft

$376

Year built

1923

Annual property taxes

$8,649

Price History

11/15/2024
Beaches

Beaches #R11037278

Listed
$650,000
+100%
03/13/2020
Beaches

Beaches #F10206585

Sold
$325,000

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

$318,318
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$279,682
Cash to seller
$318,318

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2020

Original loan amount

$308,750

Est. remaining balance

$279,682

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

Patrick Johnson

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: 11/15/2024 at 9:25 AM

Listing updated: 11/15/2024 at 7:20 AM

Listed by: Frederick A DeFalco, DeFalco Real Estate Group Phone #: (561) 702-3756

MLS: Beaches #R11037278

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