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$1,110,343Estimated home value

Beds
3
Baths
3.0
sq ft
2,626

9 Mandalay Rd, Stuart, FL 34996

9 Mandalay Rd

Sewalls Point, FL 34996

  • Off market
    • Price drop $5,000↓
Welcome to Sewall's Point's newest 2024 renovation by Knowles Design.This beautifully renovated masterpiece by Knowles Design just received its Certificate of Occupancy on August 6th! To finish off this magnificent property, a comprehensive furnishings package is in process and scheduled to be delivered and installed by August 30th. This 3 bedroom, 3 bathroom courtyard style home has been transformed into a comfortable yet sophisticated open concept floor plan with a winning line-up of finishes, appliances, and bespoke professional design elements. Knowles Design, an award-winning interior architecture and design firm, has truly delivered on this transformation. The beautiful newly designed entry courtyard with wooden gate flanked by gas lantern

Details

Property type

Single Family Residence

Est. home value

$1,110,343

Lot size

0.58 acres

Price per sq ft

$1,027

Year built

1970

Annual property taxes

$9,511

Price History

09/19/2024
Beaches

Beaches #R10966559

Removed
$2,695,000
08/29/2024
Beaches

Beaches #R10966559

Price change
$2,695,000
-0.19%
03/06/2024
Beaches

Beaches #R10966559

Listed
$2,700,000
+166.01%

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

$1,964,062
Asking price
$2,695,000
Closing costs (~8% of asking)
-$215,600
Est. remaining loan balance
-$515,338
Cash to seller
$1,964,062

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

Seller’s Loan History

Lender

Nationwide Mortgage Bankers Inc

Loan start date

October 2023

Original loan amount

$520,000

Est. remaining balance

$515,338

Interest rate

7.18%

Loan type

New Conventional, 30 year

Seller

Jennifer L Knowles and The Jennifer L Knowles Trust

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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House

5570 SE Miles Grant Rd, Stuart, FL 34997

Status: Off Market

Tomo last checked: 09/20/2024 at 12:35 AM

Listing updated: 09/05/2024 at 1:46 PM

Listed by: Scott Vincent Correale, One Sotheby's International Realty Phone #: (561) 381-9090

MLS: Beaches #R10966559

Beaches logo

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