tomo logo

$1,025,000

Beds
4
Baths
3.5
sq ft
3,079

5065 Horseshoe Cir N, West Palm Beach, FL 33417

5065 Horseshoe Cir N

West Palm Beach, FL 33417

  • 39 days on market
Discover this exceptionally spacious country setting Colonial Style Ranch Home on 2 acres; just 15 minutes from downtown West Palm Beach, local beaches and only 10 minutes from PBI! Zoned AR with no HOA (owner can operate a small business or B&B; (see PBC zoning info)); this property comes with a brand new roof and offers a wide range of possibilities to grow with your future needs: it currently has 4 bedrooms, 3.5 bathrooms and an office (upside potential for 5 bedrooms, 4.5 bathrooms and office; professional design plans available) as well as a fully detached 6 to 8 car garage that can be converted into a guest house or living space (already plumbed for sewer and water service + metered separately with heavy duty commercial 3-phase electric; including 2 50A RV ''shore power'' connection

Details

Property type

Single Family Residence

Est. home value

$846,447

Lot size

1.98 acres

Price per sq ft

$333

Year built

1979

Annual property taxes

$5,194

Price History

10/11/2024
Beaches

Beaches #R11025898

Removed
$1,025,000
10/11/2024
Beaches

Beaches #R11027837

Listed
$1,025,000
10/02/2024
Beaches

Beaches #R11025898

Listed
$1,025,000
+4.06%

Schools & Community

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

$764,758
Asking price
$1,025,000
Closing costs (~8% of asking)
-$82,000
Est. remaining loan balance
-$178,242
Cash to seller
$764,758

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

February 2021

Original loan amount

$195,000

Est. remaining balance

$178,242

Interest rate

2.66%

Loan type

New Conventional, 30 year

Seller

Joseph R Fields Jr

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: 11/19/2024 at 10:35 AM

Listing updated: 10/18/2024 at 10:25 PM

Listed by: Max Stalinski, Keller Williams Coastal Partners Phone #: (561) 209-2500

MLS: Beaches #R11027837

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