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$510,000

Beds
3
Baths
2.0
sq ft
1,528

662 Lake Wellington Dr, Wellington, FL 33414

662 Lake Wellington Dr

Wellington, FL 33414

  • <1 day on market
BEAUTIFUL!! This 3 bed 2 bath CANAL FRONT home w/ LOW HOA is located in Wellington's A-RATED SCHOOL DISTRICT in highly-desirable Monterey on the Lake. The spacious layout features 2 living/dining areas & an open kitchen, new Dishwasher that receives tons of natural light throughout. The master enjoys canal views, large walk-in & en-suite bath w/ dual-sink vanity & frameless shower. The other 2 bedrooms both have large closets & get to enjoy a 2nd full bath w/ shower/tub combo. Entertain family & friends in the Florida room featuring pop-out windows, or out on the expansive yard w/ plenty of room for a pool. Located minutes from A-RATED schools, dining, shopping & the World-Renowned Wellington Equestrian Center! New Fence in backyard

Details

Property type

Single Family Residence

Est. home value

$493,832

Lot size

5,689 sq ft

Price per sq ft

$334

Year built

1993

Annual property taxes

$6,700

Monthly HOA fee

$37

Price History

03/05/2025
Beaches

Beaches #F10490657

Listed
$510,000
+4.08%
10/16/2023
Beaches

Beaches #R10916694

Sold
$490,000

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

$147,911
Asking price
$510,000
Closing costs (~8% of asking)
-$40,800
Est. remaining loan balance
-$321,289
Cash to seller
$147,911

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2023

Original loan amount

$325,600

Est. remaining balance

$321,289

Interest rate

7.18%

Loan type

FHA, 30 year

Seller

Jaime Ricardo Arevalo and Ledda Isabel Arevalo

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: 03/06/2025 at 1:10 PM

Listing updated: 03/06/2025 at 2:35 AM

Listed by: Jaime Arevalo, Prime Realty Services Phone #: (954) 346-4800

MLS: Beaches #F10490657

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