tomo logo

$515,000

Beds
4
sq ft
822

515 Colonial Rd, West Palm Beach, FL 33405

515 Colonial Rd

West Palm Beach, FL 33405

  • 54 days on market
    • Price drop $25,000↓
This Single Family Right in the tourist center with a large backyard with kitchen and bathroom for outdoor activities. Conveniently located near beaches, airport, shopping, restaurants and entertainment options. This house has an independent efficiency of a bedroom, a bathroom and a small kitchen, currently rented for $1200.00 monthly. New kitchen quartz countertop, new cabinets. New laminate floor in the living room, kitchen and hallway. Rooms with ceramic floor. The ceiling and the Air conditioning is from 2020, New electric panel from 2022, foam insulation throughout the roof in 2022, Impact doors and windows and new stucco throughout the house. Recently painted.Underground electricity for hurricane season.The perfect opportunity for first buyers and super convenient for AIRNB.

Details

Property type

Single Family Residence

Est. home value

$352,908

Lot size

5,497 sq ft

Price per sq ft

$627

Year built

1952

Annual property taxes

$3,877

Price History

08/25/2024
Beaches

Beaches #R11004916

Price change
$515,000
-4.63%
07/16/2024
Beaches

Beaches #R11004916

Listed
$540,000
+200%
01/15/2020
SEF

SEF #A10740921

Sold
$180,000

Schools & Community

Neighborhood: 

South Side

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Flagstar Bank Fsb

Loan start date

December 2021

Original loan amount

$26,030

Est. remaining balance

$24,487

Interest rate

3.09%

Loan type

FHA, 29 year

Seller

Amaury Fernandez Galdo and Lismary Ruiz Chirino

Lender

Figure Lending Llc

Loan start date

February 2021

Original loan amount

$44,807

Est. remaining balance

Not provided

Interest rate

2.16%

Loan type

Future Advance Clause / Open End Mortgage, 10 year

Seller

Amaury Fernandez Galdo and Lismary Ruiz Chirino

Lender

Bay Equity Llc

Loan start date

January 2020

Original loan amount

$176,739

Est. remaining balance

$160,620

Interest rate

3.68%

Loan type

FHA, 30 year

Seller

Amaury Fernandez Galdo and Lismary Ruiz Chirino

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?

Similar Homes Nearby

Pending
Beaches
$499,000
4 bd
|
3 ba
|
1,812 sq ft
|
House

916 Francis St, West Palm Beach, FL 33405

Beaches
$500,000
4 bd
|
2 ba
|
1,070 sq ft
|
House

5806 Churchill Ct, West Palm Beach, FL 33405

Beaches
$550,000
4 bd
|
3.5 ba
|
1,408 sq ft
|
House

947 Macy St, West Palm Beach, FL 33405

Status: Active

Tomo last checked: 09/08/2024 at 7:10 AM

Listing updated: 08/29/2024 at 3:20 PM

Listed by: MY BEAUTIFUL PEOPLE Ruiz Chirino, Partnership Realty Inc. Phone #: (561) 355-0270

MLS: Beaches #R11004916

Beaches logo