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$289,990

Beds
2
Baths
2.0
sq ft
1,836

1118 6th St, Okeechobee, FL 34974

1118 6th St

Okeechobee, FL 34974

  • 48 days on market
    • Price drop $7,010↓
Charming Lake Access Home in Buckhead Ridge - Enjoy 65 ft of water frontage. This inviting 2-bedroom, 2-bathroom home features a spacious upstairs primary suite with a walk-in closet and an en-suite bathroom with a large shower and soaking tub. Enjoy the perfect separation between the primary suite and the guest bedroom downstairs, ensuring privacy for all. The generous eat-in kitchen is well-equipped with plenty of cabinet and counter space. Recent updates include a new refrigerator (2024), New Dryer(2024), A/C (2023), metal roof (2020), and a new Vivint security system. Relax on the patio or dock and savor the tranquility of this peaceful community. Just 7 miles from local shops and amenities. Don't miss this opportunity to own a beautifully maintained home with Lake Okeechobee access!

Details

Property type

Single Family Residence

Est. home value

$311,252

Lot size

6,490 sq ft

Price per sq ft

$158

Year built

1993

Annual property taxes

$2,317

Price History

12/03/2024
Beaches

Beaches #R11034142

Price change
$289,990
-2.36%
11/04/2024
Beaches

Beaches #R11034142

Listed
$297,000
+51.53%
03/24/2021
StellarMLS

StellarMLS #OK219906

Sold
$196,000
+25.64%

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

$90,326
Asking price
$289,990
Closing costs (~8% of asking)
-$23,199
Est. remaining loan balance
-$176,465
Cash to seller
$90,326

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

March 2021

Original loan amount

$192,449

Est. remaining balance

$176,465

Interest rate

2.73%

Loan type

FHA, 30 year

Seller

Patrick Joseph Cooke Jr

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 4:50 PM

Listing updated: 12/10/2024 at 12:58 PM

Listed by: Susan Bigam, Agent Plus Realty Phone #: (954) 605-2954

MLS: Beaches #R11034142

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