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$1,149,999

Beds
4
Baths
3.0
sq ft
2,908

601 Forest Hill Blvd, West Palm Beach, FL 33405

601 Forest Hill Blvd

West Palm Beach, FL 33405

  • 56 days on market
    • Price drop $50,000↓
Step into the charm of this updated 1925 Spanish house with 4 Bedrooms, 3 baths, complete with a 3rd floor studio and pool on a private lushly landscaped walled estate size lot. Upon entry you are welcomed by the heart of the home, a spacious kitchen boosting a center Island, seamlessly following into the dining room. The grand living room captivates with its 13 feet high pecky cypress beamed ceiling, a striking fireplace, and the warm glow from original stained-glass windows and original pecky cypress door. The large primary suite conveniently located on the 1st floor features a vaulted ceiling and 3 closets. Ascend to the 2nd story, where you'll find 3 additional bedrooms and 2 beautifully appointed bathrooms.

Details

Property type

Single Family Residence

Est. home value

$1,211,111

Lot size

0.25 acres

Price per sq ft

$396

Year built

1925

Annual property taxes

$2,899

Price History

12/15/2024
Beaches

Beaches #R11031899

Price change
$1,149,999
-4.17%
10/27/2024
Beaches

Beaches #R11031899

Listed
$1,199,999
+20%
04/30/2024
Beaches

Beaches #R10918421

Removed
$999,999

Schools & Community

Neighborhood: 

Parker Ridge

Elementary school: 

Palmetto (Miami Dade)

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Golf

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

$861,426
Asking price
$1,149,999
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$196,573
Cash to seller
$861,426

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

Seller’s Loan History

Lender

Np Inc

Loan start date

August 2020

Original loan amount

$224,000

Est. remaining balance

$196,573

Interest rate

3.13%

Loan type

New Conventional, 25 year

Seller

Michael R Kraus and Sara E Almasy

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: 12/22/2024 at 10:00 AM

Listing updated: 12/15/2024 at 6:25 PM

Listed by: Sara Almasy, Century 21 WC Realty Phone #: (561) 283-8833

MLS: Beaches #R11031899

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