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$485,000

Beds
2
Baths
1.0
sq ft
1,412

6617 Parker Ave, West Palm Beach, FL 33405

6617 Parker Ave

West Palm Beach, FL 33405

  • Pending
    • Price drop $40,000↓
Nestled in the coveted Parker Ridge neighborhood, this chic 2-bedroom plus den home, spanning 1642 sqft, offers a perfect blend of style and convenience. Just 0.6 miles from I-95, with The Park golf course 0.5 miles away and downtown West Palm Beach 5 miles, every amenity is at your fingertips. Palm Beach International Airport (PBI) is a quick 4-mile drive for easy travel. The home features a spacious turfed backyard for outdoor enjoyment. Embrace comfort and style in this West Palm Beach gem. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$476,600

Lot size

90 sq ft

Price per sq ft

$344

Year built

1952

Annual property taxes

$7,420

Price History

09/16/2024
Beaches

Beaches #R11003896

Pending
$485,000
08/20/2024
Beaches

Beaches #R11003896

Price change
$485,000
-7.62%
08/08/2024
Beaches

Beaches #R11003896

Price change
$525,000
-8.7%

Schools & Community

Neighborhood: 

Parker Ridge

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

$60,215
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$385,985
Cash to seller
$60,215

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

June 2022

Original loan amount

$398,430

Est. remaining balance

$385,985

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

John Michael Collins Ii

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: Pending/Under Contract

Tomo last checked: 09/18/2024 at 10:10 PM

Listing updated: 09/16/2024 at 3:56 PM

Listed by: Kristen Reilly, The Corcoran Group Phone #: (561) 278-0433

MLS: Beaches #R11003896

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