tomo logo

$800,000

Beds
4
Baths
2.5
sq ft
2,790

5537 SE Hammock Reserve Ter, Hobe Sound, FL 33455

5537 SE Hammock Reserve Ter

Hobe Sound, FL 33455

  • 112 days on market
    • Price drop $100,000↓
Welcome to The Oaks, where luxury meets tranquility in one of the area's most sought-after communities. This stunning 4-bed, 2.5-bath, 3 car garage home is located in the estate section, which offers larger lots and preserve views. As you step inside this elegant home, you're greeted by a spacious formal living room, ideal for entertaining or enjoying quiet evenings. The heart of the home is the expansive kitchen, which seamlessly flows into the family room, where a decorative fireplace creates a warm & inviting atmosphere. Need a home office or playroom? The versatile flex room provides endless possibilities to suit your lifestyle. The airy loft offers additional space for relaxation, a game room, or a cozy reading nook, and from the covered balcony, you can enjoy the stunning sunsets

Details

Property type

Single Family Residence

Est. home value

$700,909

Lot size

9,362 sq ft

Price per sq ft

$287

Year built

2006

Annual property taxes

$4,687

Monthly HOA fee

$328

Price History

12/04/2024
Beaches

Beaches #R11017965

Price change
$800,000
-11.11%
09/03/2024
Beaches

Beaches #R11017965

Listed
$900,000
+172.73%
03/14/2014
Beaches

Beaches #R9996226

Sold
$330,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Street Lights, Sidewalks

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

$430,718
Asking price
$800,000
Closing costs (~8% of asking)
-$64,000
Est. remaining loan balance
-$305,282
Cash to seller
$430,718

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

Seller’s Loan History

Lender

Td Bank Na

Loan start date

June 2020

Original loan amount

$337,600

Est. remaining balance

$305,282

Interest rate

3.23%

Loan type

New Conventional, 30 year

Seller

James William Douglas and Anne Marie Hofman Douglas

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: 12/24/2024 at 8:30 AM

Listing updated: 12/19/2024 at 8:25 AM

Listed by: Kate Ward, RE/MAX Gold Phone #: (772) 607-9600

MLS: Beaches #R11017965

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