$315,000 / 3br - 1700ft2 - 1.5 bath Single Family Home For Sale (West Palm Beach - Northwood)

$315,000 / 3 bedrooms 1.5 bath, 1700 ft2 Home For Sale 5701 Pinewood Avenue, West Palm Beach, FL 33407 Northwood Legacy neighborhood Available for sale immediately - Completely renovated Phone: show contact info - Land Line Offering 2.0 % realtor commission. Why pay rent when you can pay less monthly for owning your home? Offering 2.0 percent buyer's realtor commission ($5801 to buyer's realtor). Call to learn more: show contact info (land line). Note: Investor? Flipper? Sorry. Not this one. Buyer-owner-occupants are encouraged to call. Realtors who represent buyer-owner-occupants, yes, please do call. We'll reward you for bringing a legitimate buyer-owner-occupant. FINANCING Mortgage basics. Seller financed mortg integral to sale. Buyer pays at least 5% down and receives a 5.75% fixed rate 30-year mortg. Financing up to 95%. Offered by seller. Mortg is for owner-occupants who qualify for Florida Homestead Exemption and possessing good credit. Good credit is defined here as a score of 675 or higher. Many improvements. NEW ELECTRIC, NEW ROOF, 3 NEW PATIOS, NEW SPRINKLER SYSTEM, LARGE COVERED SCREEN ROOM with 2nd refrigerator, and NEW OUTFALL PLUMBING. DESCRIPTION: Great condition. Financing up to 95%. Buyer - at least 5% down (5.75% fixed rate 30 year mortg). Mortg. offered to buyer who will be owner-occupants. Owner (buyer) will qualify for Florida Homestead Exemption on this property. This is a great opportunity for someone with a good payment history and who wants to own the home where they reside. PLEASE PHONE RATHER THAN SENDING EMAIL; LIKELY NO RESPONSE BY EMAIL Land line phone: show contact info . Sorry, no texting is possible with a land line. Please call for more information after reading the description here. The provided house and parcel diagram will help you locate each photo. SUMMARY OF FINANCES Selling price: $315,000 Down payment: $15,750 (buyer's 5%) Loan amount: $299,250 (95% mortg.) With credit score of 675 or higher - buyer gets 5.75% mortg. 30 year fixed rate. Financing up to 95 percent. Monthly mortg. payment before taxes and insurance: $1746 estimated The 2024 taxes on house: $2604 - divided by 12 months = $217/month (taxes paid in December 2024) Option 1. Estimated Monthly Payment: $1963 + 1/12 of homeowners insurance premium, with minimum cred. score 675, 5.75% fixed rate 30 year mortg. Option 2. Estimated Monthly Payment: $2011 + 1/12 of homeowners insurance premium, with cred. score slightly below 675, 6% fixed rate 30 year mortg. ANTICIPATED TAXES; STATISTICS, SQUARE FEET SUMMARY Palm Beach County's total assessed 2024 taxes for this parcel amount to $2604. The lot size is: 0.110 acre of land. Total home square footage: 1116 square feet under AC + 552 sf covered screened rear porch + 32 sf front entry porch = 1700 total square feet.