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$454,514Estimated home value

Beds
3
Baths
2.0
sq ft
1,667

511 49th St, West Palm Beach, FL 33407

511 49th St

West Palm Beach, FL 33407

  • Off market
    • Price drop $30,000↓
Charming Key West style house located 2 blocks off the intracoastal in the historic neighborhood of Northwood Harbor that is experiencing significant development growth. Main house features 2 bedrooms, 1 bath and a den/office. Ample parking with circular driveway.Separate 1 bedroom, 1 bath guest house.Large fenced-in backyard with space for pool.Property in need of full reno, zoned multi-family with endless possibilities!Minutes away from beaches, shops, restaurants, entertainment, marinas. Less than 4 miles from Downtown West Palm beach and a short drive to Palm Beach Island!

Details

Property type

Single Family Residence

Est. home value

$454,514

Lot size

8,512 sq ft

Price per sq ft

$288

Year built

1950

Annual property taxes

$6,937

Price History

07/21/2024
Beaches

Beaches #R10974382

Removed
$479,900
05/17/2024
Beaches

Beaches #R10974382

Price change
$479,900
-5.88%
05/10/2024
Beaches

Beaches #R10974382

Listed
$509,900

Schools & Community

Neighborhood: 

Northwood Harbor

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

$289,559
Asking price
$479,900
Closing costs (~8% of asking)
-$38,392
Est. remaining loan balance
-$151,949
Cash to seller
$289,559

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

Seller’s Loan History

Lender

First American Bank

Loan start date

March 2021

Original loan amount

$165,000

Est. remaining balance

$151,949

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

La Vern E Roberts

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: Off Market

Tomo last checked: 10/05/2024 at 12:15 AM

Listing updated: 05/17/2024 at 2:25 PM

Listed by: Bruno Rodriguez, Nest Seekers Florida, LLC Phone #: (561) 725-9229

MLS: Beaches #R10974382

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