tomo logo

$529,999

Beds
4
Baths
2.5
sq ft
3,680

1705 SW 5th Ave, Okeechobee, FL 34974

1705 SW 5th Ave

OKEECHOBEE, FL 34974

  • 73 days on market
    • Price drop $1↓
This stunning 4 bedroom 2.5 bath colonial style home, with wrap-around porches, sits on 4 large beautifully landscaped city lots. There are hurricane impact windows and plantation shutters throughout. The kitchen features custom wood cabinets with crown molding as well as an island/breakfast bar and breakfast nook, recessed lighting, stainless appliances, and walk-in pantry. The Master Bedroom is located on the main floor that offers a walk-in closet and full bathroom complete with a whirlpool tub, walk-in shower and storage. Two of the guest bedrooms are located upstairs, both with double walk-in closets and a full bathroom between them. The fourth huge bedroom is located above the garage with a separate entry. If you're looking for open concept, this home's living room, dining room, and large sun room is open to the kitchen. This beauty is conveniently located in the most desirable southwest section of Okeechobee where it's only minutes to shopping, churches, and schools. This magnificent professionally landscaped property can be yours in this quiet upscale neighborhood with a large oak tree shaded lawn perfect for family gatherings or parties. New well and pump Irrigates to insures a lush green lawn all year long. In addition to the 3 car garage, there is plenty of parking on the spacious concrete driveway. (room measurements are estimates & should be verified by buyer)

Details

Property type

Single Family Residence

Est. home value

$484,741

Lot size

0.58 acres

Price per sq ft

$145

Year built

1998

Annual property taxes

$5,579.62

HOA

No

Price History

10/25/2024
StellarMLS

StellarMLS #OK224428

Price change
$529,999
09/09/2024
StellarMLS

StellarMLS #OK224428

Price change
$530,000
-4.5%
08/27/2024
StellarMLS

StellarMLS #OK224428

Listed
$555,000
-0.89%

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

$208,270
Asking price
$529,999
Closing costs (~8% of asking)
-$42,400
Est. remaining loan balance
-$279,329
Cash to seller
$208,270

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

Seller’s Loan History

Lender

South State Bank

Loan start date

September 2020

Original loan amount

$306,776

Est. remaining balance

$279,329

Interest rate

2.99%

Loan type

FHA, 30 year

Seller

Dennis Earl Brinson Jr and Cynthia A Brinson

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: 11/08/2024 at 9:50 AM

Listing updated: 10/25/2024 at 2:24 PM

Listed by: John Rickards, RED GATOR REAL ESTATE Phone #: (863) 763-0788

MLS: StellarMLS #OK224428

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