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$225,000

Beds
2
Baths
1.0
sq ft
621

1104 SW 11th St, Okeechobee, FL 34974

1104 SW 11th St

Okeechobee, FL 34974

  • 62 days on market
Updated & Furnished! Cottage style home on a spacious .36 acre open parcel nestled with Old Florida Grandfather Oaks! This woodframe,1960 single family home was built to stand the test of time, updated in 2022, 2bed/1bath, int laundry w/ ap, cozy living room, & open kitchen. Covered front porch, open air side porch. Two sheds w/ electric. One w/ window unit other has attached lawnmower shed. Sufficient land space to add on, install pool, garden, or storage/parking. Quarterly pest control, new mini split A/C with heat installed 2023. Public water, private septic pumped & inspected w/ new lid. Very quiet, homes only, non HOA community. Conveniently located within walking distance to downtown Okeechobee & 2 minutes from boat launch at Lock 7 ramp!

Details

Property type

Single Family Residence

Est. home value

$157,745

Lot size

0.37 acres

Price per sq ft

$363

Year built

1960

Annual property taxes

$2,559

Price History

10/22/2024
Beaches

Beaches #R11030713

Listed
$225,000
+44.23%
02/01/2023
StellarMLS

StellarMLS #OK222188

Sold
$156,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$84,922
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$122,078
Cash to seller
$84,922

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

February 2023

Original loan amount

$124,800

Est. remaining balance

$122,078

Interest rate

6.31%

Loan type

New Conventional, 30 year

Seller

Melissa Hutchings

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: 12/22/2024 at 8:25 PM

Listing updated: 12/10/2024 at 12:56 PM

Listed by: Jules Parker, Solis Realty Group LLC Phone #: (863) 697-0248

MLS: Beaches #R11030713

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