tomo logo

$484,500

Beds
3
Baths
2.0
sq ft
1,360

619 37th St, West Palm Beach, FL 33407

619 37th St

West Palm Beach, FL 33407

  • 34 days on market
Located in the Northwood community which is under all manner of development, this home is perfectly situated 5 min from downtown, and the bridge to Palm Beach. This home was renovated and has been a profitable rental since 1997. It is currently leased to a thriving business and is set for a rent increase of $4,000 / mo. Keep it as a cash cow or move in to this charming home with updated plumbing, HVAC and roof. The original floors were refurbished and there is large primary suite and all the bathrooms were updated. There is a working fireplace and the kitchen has top quality appliances. This is the perfect home or investment property which is projected to appreciate with all the growth and development in the area.

Details

Property type

Single Family Residence

Est. home value

$467,704

Lot size

5,998 sq ft

Price per sq ft

$357

Year built

1926

Annual property taxes

$5,444

Price History

08/17/2024
Beaches

Beaches #R11013304

Listed
$484,500
-1.1%
03/31/2024
Beaches

Beaches #R10942830

Removed
$489,900
12/12/2023
Beaches

Beaches #R10942830

Listed
$489,900

Schools & Community

Neighborhood: 

Pinewood Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse

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

$210,576
Asking price
$484,500
Closing costs (~8% of asking)
-$38,760
Est. remaining loan balance
-$235,164
Cash to seller
$210,576

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

Seller’s Loan History

Lender

Sg Capital Partners Llc

Loan start date

September 2021

Original loan amount

$252,000

Est. remaining balance

$235,164

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Keith Miller

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?

Similar Homes Nearby

Price drop
Beaches
$430,000
3 bd
|
2 ba
|
1,412 sq ft
|
House

640 34th St, West Palm Beach, FL 33407

Price drop
Beaches
$484,000
3 bd
|
2 ba
|
1,176 sq ft
|
House

1487 N Mangonia Cir, West Palm Beach, FL 33401

Price drop
Beaches
$520,000
3 bd
|
2 ba
|
1,779 sq ft
|
House

1334 N Mangonia Cir, West Palm Beach, FL 33401

Status: Active

Tomo last checked: 09/19/2024 at 8:50 PM

Listing updated: 08/17/2024 at 4:58 PM

Listed by: Vinod Gootam, Palm Beach Properties Phone #: (561) 882-9200

MLS: Beaches #R11013304

Beaches logo