tomo logo

$499,000

Beds
1
Baths
1.5
sq ft
876

801 S Olive Ave Unit 928, West Palm Beach, FL 33401

801 S Olive Ave Unit 928

West Palm Beach, FL 33401

  • 54 days on market
Charming Condo in the Heart of Downtown West Palm Beach.Charming, bright living area with space for dining and seating, with access to a nice terrace. The kitchen is well-equipped with ample storage and all necessary appliances.Near the entrance, there's a guest bathroom and a laundry area with washer and dryer. One large bedroom with a walk-in closet, and a modern bathroom with tub, shower, and double sinks. The condo comes as well with a convenient parking space and storage in the building. 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

$433,195

Lot size

Unknown

Price per sq ft

$570

Year built

2006

Annual property taxes

$5,893

Monthly HOA fee

$933

Price History

09/29/2024
Beaches

Beaches #R11025941

Listed
$499,000
06/17/2024
Beaches

Beaches #R10959457

Removed
$499,000
04/11/2024
Beaches

Beaches #R10959457

Price change
$499,000
-3.11%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$234,279
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$224,801
Cash to seller
$234,279

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

September 2020

Original loan amount

$247,000

Est. remaining balance

$224,801

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Samantha Williams

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: 11/22/2024 at 11:05 AM

Listing updated: 10/17/2024 at 9:15 PM

Listed by: Thomas Herremans, KW Reserve Palm Beach Phone #: (561) 966-4000

MLS: Beaches #R11025941

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