tomo logo

$450,000

Beds
3
Baths
2.0
sq ft
2,004

1325 NE 138th St, Okeechobee, FL 34972

1325 NE 138th St

Okeechobee, FL 34972

  • 2 days on market
Charming 1990 home on 4.5 acres in a peaceful country setting! This spacious property features 3 bedrooms, 2 baths, living room, family room and office, providing plenty of space for work and relaxation. Enjoy the durability of a metal roof and the serenity of a quiet neighborhood. Bring your horses and animals, there is plenty of room to roam, with a 4 stall horse barn and fenced yard! Sit on your back porch and take in the beauty of nature. A perfect blend of comfort and country living!

Details

Property type

Single Family Residence

Est. home value

$442,340

Lot size

Unknown

Price per sq ft

$225

Year built

1990

Annual property taxes

$2,080

Price History

02/10/2025
Beaches

Beaches #R11061174

Listed
$450,000
+703.57%
10/10/2013
StellarMLS

StellarMLS #OK0207056

Sold
$56,000

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

$281,959
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$132,041
Cash to seller
$281,959

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

January 2015

Original loan amount

$168,000

Est. remaining balance

$132,041

Interest rate

4.01%

Loan type

New Conventional, 30 year

Seller

Michael G Burroughs and Sherry L Burroughs

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?

Status: Active

Tomo last checked: 02/11/2025 at 7:25 PM

Listing updated: 02/11/2025 at 2:05 PM

Listed by: Diane Johnson, Florida Homes Realty & Mortgage Phone #: (904) 996-9144

MLS: Beaches #R11061174

Beaches logo

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