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$475,000

Beds
3
Baths
2.0
sq ft
1,220

511 Churchill Rd, West Palm Beach, FL 33405

511 Churchill Rd

West Palm Beach, FL 33405

  • 339 days on market
    • Price drop $24,900↓
Turn-key, furnished, and sold with everything included, south of the city historic three-bedroom, two-bathroom home. Located only three and a half blocks from the intracoastal waterway, and 3.5 miles (10-minute drive) to downtown West Palm Beach/Palm Beach). Currently used as an Airbnb, this unique home has everything you desire for a fun, spacious, well-laid-out home. From the moment you enter, the foyer's arcade room offers usable space, perhaps an office. The living room has an open-concept floor plan that flows throughout the entire home. Two-tone wood shaker kitchen cabinets give it a South Florida charm. There are two well-thought-out remodeled bathrooms.

Details

Property type

Single Family Residence

Est. home value

$443,689

Lot size

5,149 sq ft

Price per sq ft

$390

Year built

1925

Annual property taxes

$3,450

Price History

07/01/2024
Beaches

Beaches #R10951285

Listed
$475,000
06/24/2024
Beaches

Beaches #R10951285

Pending
$475,000
05/20/2024
Beaches

Beaches #R10951285

Price change
$475,000
-4.98%

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

$83,505
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$353,495
Cash to seller
$83,505

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

March 2023

Original loan amount

$361,250

Est. remaining balance

$353,495

Interest rate

6.13%

Loan type

New Conventional, 30 year

Seller

Yuechen Zhao and Qianyun Shi

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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Status: Active

Tomo last checked: 12/22/2024 at 2:30 PM

Listing updated: 12/11/2024 at 7:20 AM

Listed by: Jared G Dalto, The Palm Beach Group Phone #: (561) 676-2200

MLS: Beaches #R10951285

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