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$800,000

Beds
4
Baths
3.5
sq ft
1,626

528 N Palmway, Lake Worth Beach, FL 33460

528 N Palmway

Lake Worth, FL 33460

  • 116 days on market
    • Price drop $99,000↓
This 1940’s Cottage-Style 4/3 Home is truly one of a kind in the historic Parrot Cove District of Lake Worth. Located walking distance from the Beach, Intracoastal, Golf Course, and artsy downtown shops and restaurants. As you enter this beautiful home, you are greeted with a gracious wood floor plan that offers a large open living room, 3 spacious bedrooms, and 2 bathrooms. In addition, the house has a possible income producing bonus second story loft with its own living room, bathroom, kitchenette, and private entrance. The main home’s kitchen features J&K Cabinetry, Samsung appliances, and a large dining area. The backyard is fully fenced, with a large covered deck, grill, and beautiful pool. Other features include a new AC, new roof, and separate laundry room with a half-bathroom.

Details

Property type

Single Family Residence

Est. home value

$808,429

Lot size

6,752 sq ft

Price per sq ft

$493

Year built

1941

Annual property taxes

$5,876

Price History

10/23/2024
SEF

SEF #A11631747

Price change
$800,000
-11.01%
07/29/2024
SEF

SEF #A11631747

Listed
$899,000
+102.02%
09/17/2018
Beaches

Beaches #F10130448

Sold
$445,000
+20.6%

Schools & Community

Neighborhood: 

Parrot Cove

Elementary school: 

North Grade

Middle school: 

Lake Worth Community Middle

High school: 

Lake Worth

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

Coastal Community Bank

Loan start date

July 2023

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

6.71%

Loan type

Credit Line (Revolving)

Seller

Jose Morales and Jose Morales Revocable Trust Dated April

Lender

Unison Agreement Corp

Loan start date

June 2019

Original loan amount

$89,000

Est. remaining balance

Not provided

Interest rate

4.17%

Loan type

Stand Alone Second

Seller

Jose Morales

Lender

Quicken Loans Inc

Loan start date

September 2018

Original loan amount

$200,000

Est. remaining balance

$177,720

Interest rate

4.54%

Loan type

New Conventional, 30 year

Seller

Jose Morales

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: 11/22/2024 at 11:15 AM

Listing updated: 10/23/2024 at 10:35 PM

Listed by: Robert Morales, Florida Realty of Miami Corp Phone #: (305) 598-5488

MLS: SEF #A11631747

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