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$325,000

Beds
2
Baths
2.0
sq ft
1,456

5126 Michael Dr, West Palm Beach, FL 33417

5126 Michael Dr

West Palm Beach, FL 33417

  • 1 day on market
Charming 2 BR, 2 BA home with 1-car garage on a corner lot. Spacious floor plan featuring an updated kitchen with granite countertops and stainless steel appliances (2023). Roof, A/C, and garage door all replaced in 2021. Updated lighting throughout. Perfect for gardeners with flower beds and shrubs surrounding the house. Accordion storm shutters on all windows. Ready for your personal touches. Located in an active 55+ community in the heart of WPB, close to City Place, FL Turnpike, and I-95.

Details

Property type

Single Family Residence

Est. home value

$327,328

Lot size

6,753 sq ft

Price per sq ft

$224

Year built

1979

Annual property taxes

$6,481

Monthly HOA fee

$350

Price History

09/19/2024
Beaches

Beaches #R11022478

Listed
$325,000
+8.51%
06/18/2024
Beaches

Beaches #R10958585

Sold
$299,500
-1.8%
06/04/2024
Beaches

Beaches #R10958585

Pending
$305,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Golf, Gated, Street Lights, Sidewalks, Tennis Court(s)

Senior community center: 

Yes

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

$114,087
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$184,913
Cash to seller
$114,087

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

March 2021

Original loan amount

$200,795

Est. remaining balance

$184,913

Interest rate

2.73%

Loan type

FHA, 30 year

Seller

Cynthia Saint Loui

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: 09/20/2024 at 7:55 AM

Listing updated: 09/19/2024 at 11:56 PM

Listed by: France Makabu, Partnership Realty Inc. Phone #: (561) 355-0270

MLS: Beaches #R11022478

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