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$2,995,000

Beds
4
Baths
4.5
sq ft
3,761

711 Claremore Dr, West Palm Beach, FL 33401

711 Claremore Dr

West Palm Beach, FL 33401

  • 65 days on market
The Ballroom Home is one of the most architecturally significant properties in Historic Flamingo Park! Located on ''The Hill Block,'' this breathtaking 4,800+ sq ft Spanish style residence features 4BR/4.5BTH + casita, garage & pool and NEW roof. Beautifully renovated, impact windows, bright & airy interiors with original details, archways, columns & floors. Formal living room with fireplace. Large dining room. Gourmet kitchen features Wolf range, granite counters & breakfast nook. 28x22 family room with soaring Pecky Cypress ceiling & original Cuban tile floors. Luxurious spa like primary suite. Each bedroom has ensuite bath. Loggia overlooks private backyard, pool & patio areas. Gorgeous guest cottage & immaculate garage. Close to parks, restaurants, The Square, Palm Beach Island & PBIA

Details

Property type

Single Family Residence

Est. home value

$3,389,442

Lot size

9,375 sq ft

Price per sq ft

$797

Year built

1925

Annual property taxes

$25,838

Price History

09/01/2024
Beaches

Beaches #R10999874

Removed
$2,995,000
09/01/2024
Beaches

Beaches #R11017602

Listed
$2,995,000
06/27/2024
Beaches

Beaches #R10999874

Listed
$2,995,000

Schools & Community

Neighborhood: 

Flamingo Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Street Lights, Sidewalks, Tennis Court(s)

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

$2,310,457
Asking price
$2,995,000
Closing costs (~8% of asking)
-$239,600
Est. remaining loan balance
-$444,943
Cash to seller
$2,310,457

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

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

May 2021

Original loan amount

$479,500

Est. remaining balance

$444,943

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

James Molinari and Laura Molinari

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: 11/05/2024 at 6:25 AM

Listing updated: 09/30/2024 at 5:02 PM

Listed by: Tom Davis, Coldwell Banker Realty Phone #: (561) 832-4663

MLS: Beaches #R11017602

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