tomo logo

$450,000

Beds
2
Baths
2.0
sq ft
1,612

7900 SW Conners Hwy, Okeechobee, FL 34974

7900 SW Conners Hwy

Okeechobee, FL 34974

  • 29 days on market
This Martin County residence boasts Lake Okeechobee access, with your own boat ramp on a sprawling 1.98 acres, offering a tranquil retreat from city living. The home includes 2 bedrooms (with the possibly of a 3rd bedroom or den) and 2 bathrooms Upgrades feature impact-resistant windows and doors, a whole-house 15,000-watt generator, and a 50x50 pole barn with electricity, water, and RV power hookup. The property also comes with fiber-optic internet and cable, smart home features, and much more.

Details

Property type

Single Family Residence

Est. home value

$340,014

Lot size

1.98 acres

Price per sq ft

$280

Year built

2001

Annual property taxes

$1,887

Price History

11/23/2024
Beaches

Beaches #R11040506

Listed
$450,000
+246.15%
10/14/2014
StellarMLS

StellarMLS #OK0206826

Sold
$130,000

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

$260,914
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$153,086
Cash to seller
$260,914

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

February 2021

Original loan amount

$180,000

Est. remaining balance

$153,086

Interest rate

2.65%

Loan type

New Conventional, 20 year

Seller

Richard Avant and Shannon Malchoff

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: 12/22/2024 at 5:00 PM

Listing updated: 12/10/2024 at 1:00 PM

Listed by: Cindy Hurley, AlexusRealty.com Phone #: (772) 934-6863

MLS: Beaches #R11040506

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