tomo logo

$799,900

Beds
4
Baths
3.5
sq ft
3,308

12490 Shoreline Dr, Wellington, FL 33414

12490 Shoreline Dr

Wellington, FL 33414

  • 19 days on market
Exceptional Opportunity to have an Amazing Lake Wellington View, Nestled in a desirable waterfront community of only 10 homes, this Mediterranean-style home with plenty of room to add a pool is offering remarkable potential for investors, renovators, or those looking to create their dream home. With an estimated post-renovation value of 1.2 to 1.3 million, this property represents an incredible value in a sought-after area. Cash Only due to interior condition of property. Needs TLC, Handyman Special

Details

Property type

Single Family Residence

Est. home value

$920,526

Property condition

Fixer

Lot size

7,009 sq ft

Price per sq ft

$242

Year built

2004

Annual property taxes

$12,342

Monthly HOA fee

$250

Price History

11/04/2024
Beaches

Beaches #R11034040

Listed
$799,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

$179,260
Asking price
$799,900
Closing costs (~8% of asking)
-$63,992
Est. remaining loan balance
-$556,648
Cash to seller
$179,260

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

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

November 2021

Original loan amount

$595,000

Est. remaining balance

$556,648

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Eric Steven Lakind and Karen Lakind

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 3:45 AM

Listing updated: 11/05/2024 at 6:40 PM

Listed by: Tim Watts, Century 21 WC Realty Phone #: (561) 283-8833

MLS: Beaches #R11034040

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