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$299,000

Beds
3
Baths
1.0
sq ft
1,380

700 51st St, West Palm Beach, FL 33407

700 51st St

West Palm Beach, FL 33407

  • 203 days on market
    • Price drop $49,000↓
CASH BUYERS ONLY- PRICE IS FIRM-ALL MEASUREMENTS ARE APPROXIMATE ONLYSHOWING IS ALLOWED ONLY UPON ACCEPTANCE OF THE CONTRACTSOLD AS IS

Details

Property type

Single Family Residence

Est. home value

$327,125

Lot size

5,153 sq ft

Price per sq ft

$217

Year built

1924

Annual property taxes

$4,924

Price History

10/24/2024
Beaches

Beaches #R10983006

Listed
$299,000
10/21/2024
Beaches

Beaches #R10983006

Pending
$299,000
10/17/2024
Beaches

Beaches #R10983006

Price change
$299,000
-14.08%

Schools & Community

Neighborhood: 

Northwood

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

$101,394
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$173,686
Cash to seller
$101,394

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

Seller’s Loan History

Lender

Reach Home Loans Llc

Loan start date

January 2024

Original loan amount

$175,000

Est. remaining balance

$173,686

Interest rate

7.03%

Loan type

New Conventional, 30 year

Seller

Trnl Llc

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: 11/19/2024 at 12:45 PM

Listing updated: 10/24/2024 at 12:45 PM

Listed by: Roy Lim, My Place in Florida Phone #: (561) 252-5993

MLS: Beaches #R10983006

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