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$455,000

Beds
1
Baths
1.5
sq ft
1,071

801 S Olive Ave Unit 409, West Palm Beach, FL 33401

801 S Olive Ave Unit 409

West Palm Beach, FL 33401

  • 26 days on market
Oversized and immaculate condo in downtown West Palm Beach. The trendy, fully equipped kitchen with custom cabinets, quartz countertops, and stainless steel appliances opens to the dining/living area. 26 ft ceilings. A wrought iron spiral staircase leads to the second-floor primary suite with 2 walk-in closets. The bathroom has a walk-in shower, bathtub, and dual vanities. Convenient covered parking space and storage space. One City Plaza offers a rooftop pool, gym, meeting room, 24/7 front desk, and valet parking, all just minutes away from the city's finest restaurants, shops, and entertainment.

Details

Property type

Condominium

Est. home value

$492,691

Lot size

Unknown

Price per sq ft

$425

Year built

2006

Annual property taxes

$6,256

Monthly HOA fee

$1,141

Price History

11/26/2024
Beaches

Beaches #F10473316

Listed
$455,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$272,290
Asking price
$455,000
Closing costs (~8% of asking)
-$36,400
Est. remaining loan balance
-$146,310
Cash to seller
$272,290

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

August 2012

Original loan amount

$204,828

Est. remaining balance

$146,310

Interest rate

3.66%

Loan type

New Conventional, 30 year

Seller

Annie Tam and Wai Keung Ng

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?

Status: Active

Tomo last checked: 12/22/2024 at 9:30 AM

Listing updated: 12/22/2024 at 9:15 AM

Listed by: Claudiu Dihel, Elite Sales Group Phone #: (305) 554-1544

MLS: Beaches #F10473316

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