tomo logo

$499,000

Beds
2
Baths
2.0
sq ft
1,366

505 Brackenwood Pl, Palm Beach Gardens, FL 33418

505 Brackenwood Pl

Palm Beach Gardens, FL 33418

  • 14 days on market
This stunning, fully remodeled two-bedroom, two-bath condo boasts a state-of-the-art kitchen with quartz countertops, a large island with ample seating, and sleek stainless steel appliances. The condo features fantastic hurricane impact windows that let in beautiful Florida sunlight. Inside, you'll find an updated living area and a primary suite with a luxurious plank vinyl floor. The resort-style primary bath and guest room have been beautifully renovated, and the guest bathroom has also been updated to perfection.

Details

Property type

Condominium

Est. home value

$419,565

Lot size

Unknown

Price per sq ft

$366

Year built

1982

Annual property taxes

$5,738

Monthly HOA fee

$664

Price History

09/05/2024
Beaches

Beaches #R11018203

Listed
$499,000
+132.09%
02/14/2020
Beaches

Beaches #R10564385

Sold
$215,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Golf, Gated

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

$298,173
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$160,907
Cash to seller
$298,173

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

Seller’s Loan History

Lender

Matthew Simpson

Loan start date

March 2023

Original loan amount

$220,000

Est. remaining balance

$160,907

Interest rate

6.13%

Loan type

FHA, 5 year

Seller

Francis Homes Llc and John Lynch

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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|
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167 Brackenwood Rd, Palm Beach Gardens, FL 33418

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479 Brackenwood Ln N, Palm Beach Gardens, FL 33418

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Condo

605 Brackenwood Cv, Palm Beach Gardens, FL 33418

Status: Active

Tomo last checked: 09/18/2024 at 10:20 PM

Listing updated: 09/06/2024 at 4:16 AM

Listed by: Charles Gale, Echo Fine Properties Phone #: (561) 500-3246

MLS: Beaches #R11018203

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