tomo logo

$429,900

Beds
2
Baths
2.0
sq ft
1,577

1099 7th St, Okeechobee, FL 34974

1099 7th St

Okeechobee, FL 34974

  • 74 days on market
    • Price drop $20,100↓
LAKE OKEECHOBEE ACCESS CANAL FRONT SINGLE FAMILY HOME WITH DOUBLE LOT. Bring your boat/RV. 30 amp and 50 amp hook ups. Double lot (.30 acres) with 130 ft canal front with access to Lake Okeechobee. This home was built to last with 6'' walls, 9 ft ceilings, wide crown molding, wide trim, and hardwood plank flooring under most of the rooms. You'll love this perfect spot to dock your boat or spend an afternoon of fishing. Ideal set up for airbnb as it has a mother in law suite with separate entrance.

Details

Property type

Single Family Residence

Est. home value

$362,148

Lot size

0.3 acres

Price per sq ft

$273

Year built

1940

Annual property taxes

$2,250

Price History

10/30/2024
Beaches

Beaches #R11019248

Price change
$429,900
-4.47%
10/26/2024
Beaches

Beaches #R11019248

Price change
$450,000
-3.23%
10/23/2024
Beaches

Beaches #R11019248

Price change
$465,000
-6.98%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

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

$263,859
Asking price
$429,900
Closing costs (~8% of asking)
-$34,392
Est. remaining loan balance
-$131,649
Cash to seller
$263,859

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

Seller’s Loan History

Lender

Primelending

Loan start date

February 2021

Original loan amount

$144,027

Est. remaining balance

$131,649

Interest rate

2.66%

Loan type

FHA, 30 year

Seller

Carol Hazel Perry and John Perry

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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Beaches
$479,000
2 bd
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|
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|
House

1033 4th St, Okeechobee, FL 34974

Status: Active

Tomo last checked: 11/22/2024 at 2:05 PM

Listing updated: 10/31/2024 at 6:35 AM

Listed by: Carol Perry, EXP Realty LLC Phone #: (888) 883-8509

MLS: Beaches #R11019248

Beaches logo

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