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$1,720,544Estimated home value

Beds
5
Baths
3.0
sq ft
3,406

502 Rambling Drive Cir, Wellington, FL 33414

502 Rambling Drive Cir

Wellington, FL 33414

  • Off market
    • Price drop $49,000↓
Located on an expansive 2.3-acre lot, this charming estate in Little Ranches seamlessly blends comfort and functionality. The main residence features 5 bedrooms and 3 bathrooms, along with two kitchens, a spacious laundry room, and a separate groom's studio apartment. Recently updated, the home showcases a modern design with numerous enhancements. Adjacent to the house, an inviting European-style barn awaits, equipped with six meticulously maintained 12 x 12 stalls featuring mats, a fly spray system, a full bath, and a spacious tack room. Additionally, a sizable workshop area and two washstands with both hot and cold water further enhance the barn's utility. Outside, a beautiful pool area complete with a barbecue and fire pit adds to the property's allure.

Details

Property type

Single Family Residence

Est. home value

$1,720,544

Lot size

2.23 acres

Price per sq ft

$367

Year built

1959

Annual property taxes

$21,799

Price History

09/17/2024
SEF

SEF #A11623817

Removed
$1,248,000
09/13/2024
SEF

SEF #A11623817

Price change
$1,248,000
-3.78%
08/30/2024
SEF

SEF #A11623817

Price change
$1,297,000
-7.36%

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

$101,895
Asking price
$1,248,000
Closing costs (~8% of asking)
-$99,840
Est. remaining loan balance
-$1,046,265
Cash to seller
$101,895

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

$1,046,265

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: Off Market

Tomo last checked: 09/20/2024 at 2:55 AM

Listing updated: 09/13/2024 at 5:37 PM

Listed by: Aleksandr Pritsker, EXP Realty LLC Phone #: (888) 883-8509

MLS: SEF #A11623817

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Recently listed in Wellington