tomo logo

$359,000

Beds
3
Baths
2.5
sq ft
1,108

1251 SW 85th Way, Okeechobee, FL 34974

1251 SW 85th Way

OKEECHOBEE, FL 34974

  • 18 days on market
LAZY 7 ESTATES – Discover the charm of this cozy 3-bedroom, 2.5-bathroom home, perfectly nestled in the sought-after Lazy 7 neighborhood. Featuring a welcoming living room with a shared dining area, a practical galley kitchen, and a desirable split floor plan, this home offers comfort and convenience. Offering a comfortable 1108sqft under air and 2072sqft TLA. Enjoy the benefits of a two-car garage and the privacy of a large fenced backyard, complete with a storage shed and ample space for outdoor activities. Situated on a spacious lot at the end of a quiet dead-end street with NO HOA, this home is ideal for those seeking a peaceful place to call home. Don't miss this opportunity to make it yours! All measurements are approximate.

Details

Property type

Single Family Residence

Est. home value

$318,532

Lot size

0.52 acres

Price per sq ft

$325

Year built

1988

Annual property taxes

$2,383.73

HOA

No

Price History

12/04/2024
StellarMLS

StellarMLS #OK224726

Listed
$359,000
+111.18%
11/07/2019
StellarMLS

StellarMLS #OK218531

Sold
$170,000
+36%
03/08/2013
StellarMLS

StellarMLS #OK0206280

Sold
$125,000
-3.85%

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

$180,714
Asking price
$359,000
Closing costs (~8% of asking)
-$28,720
Est. remaining loan balance
-$149,566
Cash to seller
$180,714

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

Seller’s Loan History

Lender

Equity Prime Mortgage Llc

Loan start date

October 2019

Original loan amount

$166,920

Est. remaining balance

$149,566

Interest rate

3.56%

Loan type

FHA, 30 year

Seller

Paige R Knowles and Ronald Knowles

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 5:30 AM

Listing updated: 12/21/2024 at 4:33 PM

Listed by: Jacalyn Schooley, LPT REALTY Phone #: (877) 366-2213

MLS: StellarMLS #OK224726

StellarMLS logo

Recently listed in OKEECHOBEE