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$749,000

Beds
2
Baths
2.0
sq ft
1,238

517 55th St, West Palm Beach, FL 33407

517 55th St

West Palm Beach, FL 33407

  • 338 days on market
    • Price drop $900↓
A rare opportunity to own a fully reimagined home in sought the sought after Northwood Historic District. Every piece of this home has been redone by Tremont Construction Group. This is includes a brand new and expanded kitchen, an added ensuite master bathroom, new floors, new lighting etc etc. Easy to show, come see this gorgeous home. (more details in supplement)

Details

Property type

Single Family Residence

Est. home value

$359,445

Lot size

5,097 sq ft

Price per sq ft

$606

Year built

1928

Annual property taxes

$5,765

Price History

04/10/2024
Beaches

Beaches #R10932984

Price change
$749,000
-0.12%
02/23/2024
Beaches

Beaches #R10932984

Price change
$749,900
-6.15%
12/12/2023
Beaches

Beaches #R10932984

Price change
$799,000
-5.89%

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

$423,765
Asking price
$749,000
Closing costs (~8% of asking)
-$59,920
Est. remaining loan balance
-$265,315
Cash to seller
$423,765

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

July 2021

Original loan amount

$284,900

Est. remaining balance

$265,315

Interest rate

2.96%

Loan type

VA, 30 year

Seller

Tim Edwin Okey

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: 10/05/2024 at 12:10 AM

Listing updated: 09/30/2024 at 4:57 PM

Listed by: Ryan Beckett, BitRealty Phone #: (561) 301-6337

MLS: Beaches #R10932984

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