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$294,612Estimated home value

Beds
2
Baths
2.5
sq ft
1,236

5511 55th Way, West Palm Beach, FL 33409

5511 55th Way

West Palm Beach, FL 33409

  • Off market
Don't let this opportunity slip away - seize the chance to acquire a fully renovated 2BR, 2 1/2 BA townhouse boasting an expansive private patio and convenient in-unit washer/dryer, all for a fantastic price! Explore options for lender credits and rate buydown - inquire for further details. This turnkey property is move-in ready; simply bring your toothbrush and settle in! The home welcomes you with an open, airy layout featuring a well-appointed kitchen with a breakfast bar, track lighting, brand-new stainless-steel appliances, and cabinetry. Ideal for FHA first-time buyers or dog-owning homeowners, this residence offers spacious bedrooms with private balconies, ceiling fans with lights in each room, and tile flooring on the lower level. This unit comes with two assigned parking spots!

Details

Property type

Townhouse

Est. home value

$294,612

Lot size

1,346 sq ft

Price per sq ft

$250

Year built

1984

Annual property taxes

$5,082

Monthly HOA fee

$450

Price History

08/15/2024
Beaches

Beaches #R10962148

Removed
$309,000
02/22/2024
Beaches

Beaches #R10962148

Listed
$309,000
+82.84%
11/19/2019
Beaches

Beaches #R10525613

Sold
$169,000
+92.05%

Schools & Community

Neighborhood: 

Villages of Palm Beach Lakes

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

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

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

$139,023
Asking price
$309,000
Closing costs (~8% of asking)
-$24,720
Est. remaining loan balance
-$145,257
Cash to seller
$139,023

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

Seller’s Loan History

Lender

Gold Star Mortgage Financial Group Corp

Loan start date

November 2019

Original loan amount

$160,550

Est. remaining balance

$145,257

Interest rate

3.65%

Loan type

New Conventional, 30 year

Seller

Kristy Dharamdass

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: Off Market

Tomo last checked: 09/08/2024 at 7:00 AM

Listing updated: 02/23/2024 at 7:34 AM

Listed by: Ryan Jennings, Keller Williams Realty - Welli Phone #: (561) 472-1236

MLS: Beaches #R10962148

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