tomo logo

$310,000

Beds
3
Baths
2.0
sq ft
1,532

1005 Tequesta Trl, Lake Wales, FL 33898

1005 Tequesta Trl

LAKE WALES, FL 33898

  • 1 day on market
Spacious 3-Bedroom Home in Oakwood Golf Club – Don’t Miss Out! Discover this spacious one-story home in the Oakwood Golf Club community of Lake Wales! Designed for comfortable living, this home features an open-concept kitchen with ample cabinet space—perfect for cooking, entertaining, and gathering with loved ones. Enjoy 3 generously sized bedrooms and 2 full bathrooms, along with a large living room featuring ceramic tile flooring that flows seamlessly into a screened-in patio, offering a great spot to relax and enjoy the outdoors. This home is full of potential to become your dream space! Plus, it qualifies for an FHA 203K loan and the FHA First-Time Homebuyer Program, making homeownership more accessible. Act fast- Schedule your private tour today before this opportunity is gone! The home is being Sold in As Is condition without any Warranty nor Guarantee by seller. The buyer is responsible for verifying ALL property information, room sizes, utilities and condition. The buyer must deliver an updated copy of the pre approval letter or Proof of Funds dated within30 days. The escrow deposit must be in form of Certified Funds and the check must be delivered to the Listing Broker within 48hours of bid acceptance by HUD. The escrow check must be payable to the Buyer's closing Title Agent listed on the initial bid. Do Not make the escrow check payable to the Listing Broker and Do not wire nor deliver the escrow check to the title company. Failure to deliver the escrow check and pre-approval letter within 48 hours will result in bid cancellation by HUD and no extensions will be granted. HUD CASE: 098-110021 FINANCE ESCROW MAY APPLY FINANCE CODE: IN

Details

Property type

Single Family Residence

Est. home value

$307,330

Lot size

0.39 acres

Price per sq ft

$203

Year built

2002

Annual property taxes

$2,976.39

Monthly HOA fee

$62.5

Price History

02/02/2025
StellarMLS

StellarMLS #S5119837

Listed
$310,000
+3.37%
09/11/2024
StellarMLS

StellarMLS #P4931750

Removed
$299,900
08/22/2024
StellarMLS

StellarMLS #P4931750

Listed
$299,900
-1.67%

Schools & Community

Elementary school: 

Spook Hill Elem

Middle school: 

Mclaughlin Middle

High school: 

Bartow High

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

$41,175
Asking price
$310,000
Closing costs (~8% of asking)
-$24,800
Est. remaining loan balance
-$244,025
Cash to seller
$41,175

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

December 2021

Original loan amount

$260,988

Est. remaining balance

$244,025

Interest rate

3.14%

Loan type

FHA, 30 year

Seller

Daffne Elizabeth Cruz and Ayla Boscarino Cruz

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: 02/03/2025 at 3:55 PM

Listing updated: 02/03/2025 at 6:51 AM

Listed by: Jesse Carriedo, REALTYCITY INC Phone #: (863) 438-6605

MLS: StellarMLS #S5119837

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