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$1,345,000

Beds
5
Baths
3.0
sq ft
2,526

921 Paseo Palmera, West Palm Beach, FL 33405

921 Paseo Palmera

West Palm Beach, FL 33405

  • 166 days on market
    • Price drop $144,000↓
    • Open house Dec 22
Exceptionally Rare Opportunity! This grand Mediterranean/Spanish style 3-bedroom, 2-bath pool home built in 1921, includes a delightful guest house with 2 bedrooms and 1 bathroom, ideal for visitors or additional living space. Its timeless design features stunning details and modern amenities for comfortable living. Relax and entertain by the pool within the expansive yard that spans a generous double lot of 0.3297 acres. Situated in the historic Vedado neighborhood, in close proximity to the popular Antique Row, The Norton Museum, City Place, Clematis Street, Palm Beach International Airport and private terminals and the renowned Worth Avenue. Don't miss this unique chance to own a piece of history in a thriving neighborhood.

Details

Property type

Single Family Residence

Est. home value

$1,122,622

Lot size

0.33 acres

Price per sq ft

$533

Year built

1921

Annual property taxes

$8,911

Price History

12/07/2024
Beaches

Beaches #R11003864

Price change
$1,345,000
-9.67%
12/04/2024
Beaches

Beaches #R11003864

Price change
$1,489,000
-3.94%
11/15/2024
Beaches

Beaches #R11003864

Price change
$1,550,000
-5.49%

Schools & Community

Neighborhood: 

Vedado

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

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

$757,371
Asking price
$1,345,000
Closing costs (~8% of asking)
-$107,600
Est. remaining loan balance
-$480,029
Cash to seller
$757,371

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

Seller’s Loan History

Lender

Embrace Home Loans Inc

Loan start date

October 2021

Original loan amount

$516,000

Est. remaining balance

$480,029

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Paul Cassettari and Lisette Cassettari

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: 12/22/2024 at 9:45 AM

Listing updated: 12/17/2024 at 2:35 PM

Listed by: Walter M Henigman, Coldwell Banker Realty Phone #: (561) 622-5000

MLS: Beaches #R11003864

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