tomo logo

$1,330,000

Beds
5
Baths
3.0
sq ft
3,406

502 Rambling Drive Cir, Wellington, FL 33414

502 Rambling Drive Cir

Wellington, FL 33414

  • 33 days on market
    • Price drop $70,000↓

Details

Property type

Single Family Residence

Est. home value

$1,720,544

Lot size

2.23 acres

Price per sq ft

$391

Year built

1959

Annual property taxes

$21,799

Price History

01/03/2025
Beaches

Beaches #R11043405

Price change
$1,330,000
-5%
12/06/2024
Beaches

Beaches #R11043405

Listed
$1,400,000
+12.18%
12/05/2024
SEF

SEF #A11623817

Removed
$1,248,000

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

$182,877
Asking price
$1,330,000
Closing costs (~8% of asking)
-$106,400
Est. remaining loan balance
-$1,040,723
Cash to seller
$182,877

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

June 2022

Original loan amount

$1,080,000

Est. remaining balance

$1,040,723

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Dover Town Investments Llc

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: 01/08/2025 at 4:15 PM

Listing updated: 01/03/2025 at 4:03 PM

Listed by: Candee Weitzman, Donohue Real Estate Palm Beach Phone #: (561) 838-9555

MLS: Beaches #R11043405

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