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$735,000

Beds
3
Baths
2.5
sq ft
2,517

1009 Cherry Ln, Wellington, FL 33414

1009 Cherry Ln

Wellington, FL 33414

  • 39 days on market
Welcome to 1009 Cherry Lane -- your modern farmhouse oasis in the heart of Wellington, featuring 3 bedrooms and 2.5 bathrooms on a corner lot. This move-in ready home has been fully updated and meticulously maintained by the current owners with brand new tile flooring throughout. Vaulted ceilings and abundant natural light illuminate the spacious open floor plan -- a home built for hosting and entertaining. The spacious kitchen features sub zero fridge, top of the line appliances, and a large island with bar sink. The adjacent dining room offers plenty space to enjoy those home cooked feasts. Beyond the living area, step out back to a fully air conditioned patio, featuring an in ground hot tub and a limitless array of uses. The fenced in backyard offers a serene escape to relax or play.

Details

Property type

Single Family Residence

Est. home value

$581,586

Lot size

0.24 acres

Price per sq ft

$293

Year built

1983

Annual property taxes

$6,160

Price History

09/30/2024
Beaches

Beaches #R11025191

Listed
$735,000
+105.59%
10/25/2019
Beaches

Beaches #R10554227

Sold
$357,500
+28.83%
09/11/2015
Beaches

Beaches #R10138366

Sold
$277,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

$368,228
Asking price
$735,000
Closing costs (~8% of asking)
-$58,800
Est. remaining loan balance
-$307,972
Cash to seller
$368,228

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

October 2019

Original loan amount

$343,406

Est. remaining balance

$307,972

Interest rate

3.49%

Loan type

FHA, 30 year

Seller

Raymond Mannion and Jodi Mannion

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: 11/08/2024 at 8:30 AM

Listing updated: 10/05/2024 at 9:21 PM

Listed by: Casey Jordan, The Corcoran Group Phone #: (561) 278-0433

MLS: Beaches #R11025191

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