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$598,074Estimated home value

Beds
3
Baths
2.0
sq ft
1,857

1148 Wild Cherry Ln, Wellington, FL 33414

1148 Wild Cherry Ln

Wellington, FL 33414

  • Sold On 11/23/2022
Don't miss this 3 bedroom 2-bathroom home on an oversized lot located in the quiet community of Emerald Forest. This lovely home features Vaulted ceilings, A spacious living area with a eat in kitchen,/ TV room and a formal dining & living room. Laminate flooring and carpet through out. It offers a screened-in pool (Heated), large private side yard. Low HOA! Close to the Equestrian/Polo fields, restaurants, shops and ''A'' rated Wellington schools!

Details

Property type

Single Family Residence

Est. home value

$598,074

Lot size

0.3 acres

Price per sq ft

$278

Year built

1990

Annual property taxes

$3,454

Monthly HOA fee

$75

Price History

03/25/2025
Beaches

Beaches #R11062364

Removed
$710,000
02/14/2025
Beaches

Beaches #R11062364

Listed
$710,000
+37.07%
11/23/2022
Beaches

Beaches #R10840795

Sold
$518,000

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

$70,367
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$403,433
Cash to seller
$70,367

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

November 2022

Original loan amount

$414,400

Est. remaining balance

$403,433

Interest rate

6.66%

Loan type

New Conventional, 30 year

Seller

Paul Berndt and Georgette Berndt

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: Off Market

Tomo last checked: 04/01/2025 at 9:15 PM

Listing updated: 03/26/2024 at 10:37 AM

Listed by: Arnie Braman, Illustrated Properties LLC (We Phone #: (561) 793-2300

MLS: Beaches #R10840795

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