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$555,000

Beds
3
Baths
2.0
sq ft
2,039

1197 Belmore Ter, Wellington, FL 33414

1197 Belmore Ter

Wellington, FL 33414

  • 11 days on market
Discover this charming 3-bedroom, plus bonus room, single-family home in Wellington, FL! Nestled in a desirable non-HOA community, this property is zoned for top-rated schools and offers a spacious private yard shaded by mature trees. Recent updates include a new roof (2022), newer AC (2020), and an upgraded electrical panel, ensuring peace of mind for years to come. With solid bones, this home is a fantastic canvas for a cosmetic renovation, offering endless possibilities for personalization. Ideal for investors or those looking to create their dream home in a prime Wellington location.

Details

Property type

Single Family Residence

Est. home value

$532,704

Lot size

Unknown

Price per sq ft

$273

Year built

1980

Annual property taxes

$8,087

Price History

11/17/2024
Beaches

Beaches #R11036428

Price change
$555,000
+3.74%
11/12/2024
Beaches

Beaches #R11036428

Listed
$535,000
+4.9%
05/09/2022
Beaches

Beaches #R10785295

Sold
$510,000

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

$64,790
Asking price
$555,000
Closing costs (~8% of asking)
-$44,400
Est. remaining loan balance
-$445,810
Cash to seller
$64,790

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

May 2022

Original loan amount

$465,500

Est. remaining balance

$445,810

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Richard Kennedy and Jacqueline Kennedy

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: 11/23/2024 at 12:10 AM

Listing updated: 11/17/2024 at 9:15 AM

Listed by: Nicole Silver, Compass Florida LLC Phone #: (305) 851-2820

MLS: Beaches #R11036428

Beaches logo

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