It was surprising to see a price reduction on 5574 Palm shortly after it was first brought on the market. Homes have been selling very quickly and this may just be a strategy to get quick interest, but the Terrace listing at 5574 Palm just reducet the price from $1,439,000 to $1399,000 after just a few days on the market. The home is a which is the smallest of the Terrace layouts
with around 1,861 square feet, 3 bedrooms and 2 1/2 baths.
The freestanding single family home style Terrace unit is now priced at $1,399,ooo. Given the recent close of 5245 Pacific Terrace, which was also a residence 1, at $1,450,000 makes it likely 5574 Palm will sell quickly.
The “Terraces” are single family style homes in 360 with no shared walls and small patios or yards. The HOA fees in the Terrace homes are the lowest in the community. As with all of the homes in Three Sixty 5574 Palm offers central air conditioning, private garage, access to the the incredible 360 community amenities and is part of the award winning Wiseburn School District in Hollyglen.
View the MLS listing details below.
5574 Palm By the Numbers
- 3 bedrooms
- 2.5 bathrooms
- Top floor living room and outdoor deck
- 1,861 square feet (BTV)
- 2 car garage
- $232 HOA
- Priced at $1,399,000
5574 Palm, Hawthorne – Listed for $1,399,000
Listing courtesy of Matthew Barry & Michael Aronski – eXp Realty of California, Inc. 310-308-6685
often.
new listing, along with a coming soon home in the Terraces, are both priced to well exceed the previous price records for these layouts but with the unceasing demand they just might get close.
reported back when this was listed that it would be in interesting test as to where the market could go. At the time it was priced well above the previous sale of the same layout. Not only did it not struggle with the list price, but actually sold well above the list price. The home closed escrow at a VERY impressive $1,180,000. The previous sale 5440 Pacific Terrace was priced at $1,o25,000 and wasn’t as nice….but was in a better location. The home at 5351 Ocean sold at a pretty stunning $1,180,000. The home was beautifully updated and upgraded, however, and really has a different look and feel than the original builds. The plan 2 is a popular layout as it has 3 bedrooms each with it’s own bath….and one of them is on the ground floor. The second floor offers all of the living spaces and as there are no bedrooms on this level the room is expansive.