tomo logo

$795,000

Beds
2
Baths
1.0
sq ft
1,033

426 Monroe Dr, West Palm Beach, FL 33405

426 Monroe Dr

West Palm Beach, FL 33405

  • 120 days on market
    • Price drop $20,000↓
STYLE,CHARM & LOCATION!!! This 1925 revival is located just steps from Antique Row. Enter through the Cypress front door into a space with tons of natural light, hardwood floors and charming archways. There is a bonus space off of the living room that would be perfect for an office/ sunroom. The brick walkways and gated driveway lead to a whimsical backyard with a brick patio and plenty of privacy that makes the space feel like a magical tropical oasis. There is a detached Garage, 2024 A/C,newer water heater, newer W/d and with the exception of the front widows all impact. Close proximity to Palm Beach Island,Rosemary Square, PBI and the Beaches. Truly a MUST

Details

Property type

Single Family Residence

Est. home value

$623,500

Lot size

5,563 sq ft

Price per sq ft

$770

Year built

1925

Annual property taxes

$7,696

Price History

09/11/2024
Beaches

Beaches #R11007551

Price change
$795,000
-2.45%
08/14/2024
Beaches

Beaches #R11007551

Removed
$815,000
07/25/2024
Beaches

Beaches #R11007551

Listed
$815,000
+22.19%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks, Tennis Court(s)

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

$262,325
Asking price
$795,000
Closing costs (~8% of asking)
-$63,600
Est. remaining loan balance
-$469,075
Cash to seller
$262,325

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

May 2022

Original loan amount

$488,000

Est. remaining balance

$469,075

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Caroline Kirby Madden

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?

Similar Homes Nearby

Price drop
Beaches
$825,000
2 bd
|
1 ba
|
1,305 sq ft
|
House

309 Edgewood Dr, West Palm Beach, FL 33405

Price drop
Beaches
$875,000
2 bd
|
1 ba
|
1,214 sq ft
|
House

522 Upland Rd, West Palm Beach, FL 33401

Price drop
Beaches
$776,000
2 bd
|
1 ba
|
876 sq ft
|
House

411 Franklin Rd, West Palm Beach, FL 33405

Status: Active

Tomo last checked: 11/22/2024 at 10:40 AM

Listing updated: 11/14/2024 at 2:15 PM

Listed by: Jessica Reber, Equestrian Sotheby's International Realty Inc. Phone #: (561) 771-2626

MLS: Beaches #R11007551

Beaches logo