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$515,000

Beds
3
Baths
2.5
sq ft
1,207

5829 Papaya Rd, West Palm Beach, FL 33413

5829 Papaya Rd

, FL 33413

  • 62 days on market
    • Price drop $10,000↓
Beautifully renovated 3 bed / 3 bath, POOL home, with den + possible 4th bedroom. This unique home has an additional separate entrance room that could make a 4th bedroom & half bathroom. This could be rented out separately for AIRBNB income or a cozy guest suite/inlaw suite. Roof 2018, tankless water heater 2022, private gate, & impact windows. Kitchen is completely remodeled with granite countertops, white cabinets, & new SS appliances. New pool deck with outdoor kitchen perfect for entertaining! Security system included. Conveniently located to I-95, turnpike, & downtown West Palm Beach.

Details

Property type

Single Family Residence

Est. home value

$491,573

Lot size

6,250 sq ft

Price per sq ft

$427

Year built

1979

Annual property taxes

$3,290

HOA

Yes

Price History

08/20/2024
Beaches

Beaches #R11005807

Price change
$515,000
-1.9%
07/19/2024
Beaches

Beaches #R11005807

Listed
$525,000
+5.21%
11/30/2023
SEF

SEF #A11468460

Sold
$499,000
-0.2%

Schools & Community

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

-$12,851
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$486,651
Cash to seller
-$12,851

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

November 2023

Original loan amount

$489,961

Est. remaining balance

$486,651

Interest rate

7.57%

Loan type

FHA, 30 year

Seller

Lauren Huss and Benjamin Huss

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: 09/18/2024 at 10:25 PM

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

Listed by: Katherine Cave, EXP Realty LLC Phone #: (888) 883-8509

MLS: Beaches #R11005807

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