tomo logo

$599,000

Beds
3
Baths
2.0
sq ft
1,857

1112 Wild Cherry Ln, Wellington, FL 33414

1112 Wild Cherry Ln

Wellington, FL 33414

  • 83 days on market
    • Price drop $6,000↓
Great investment property with great tenants until 06/30/2025. Beautiful home in Wellington, close to schools, shopping, and restaurants. This 3-bedroom 2 bath home is light and bright, on one of the largest lots in Wellington's Emerald Forest Estate Homes community. Enter through the double front doors and step onto the 24'' porcelain tile (throughout the home - no carpet). The kitchen and bathrooms have been updated. Recent exterior and interior paint. The large backyard is a quiet play area for kids and pets. Close to all shopping and restaurants, and Wellington's equestrian venues are only a few minutes away.

Details

Property type

Single Family Residence

Est. home value

$544,675

Lot size

365 sq ft

Price per sq ft

$323

Year built

1989

Annual property taxes

$9,881

Monthly HOA fee

$171

Price History

02/12/2025
Beaches

Beaches #R11041716

Price change
$599,000
-0.99%
02/05/2025
Beaches

Beaches #R11041716

Price change
$605,000
-3.2%
02/03/2025
Beaches

Beaches #R11041716

Price change
$625,000
-0.79%

Schools & Community

Elementary school: 

Wellington

Middle school: 

Wellington Landings

High school: 

Wellington

Number of units in community: 

1

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

$468,411
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$82,669
Cash to seller
$468,411

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

Seller’s Loan History

Lender

Group One Mortgage Inc

Loan start date

February 2016

Original loan amount

$180,000

Est. remaining balance

$82,669

Interest rate

3.26%

Loan type

New Conventional, 15 year

Seller

Grabiel Sandoval

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: 02/23/2025 at 8:15 AM

Listing updated: 02/12/2025 at 12:51 PM

Listed by: Senol Ider, Lead Consulting Group LLC Phone #: (561) 664-8100

MLS: Beaches #R11041716

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