NOT LISTED FOR SALE

0 196th Terrace Unit OK221470 Okeechobee, FL 34974

275 Acres
-- Price per Acre
11,979,000 Sq Ft Lot

Last Sold October 21, 2022

Last sale price $1,992,933

62 Days on Market

Highlights

  • Oak Trees
  • No HOA
  • Heating Available
  • 275 Acre Lot
  • Cross Fenced

About This Lot

As of October 2022

This is the East 275 Acres of a larger 625 Acre Parcel for sale. Great mix of woods and pasture to accommodate an income producing cattle operation and offer recreational/hunting opportunities as well. A rare chance to own a property of this size in South/Central Florida. Hurry at just $8000 per acre this won’t last long!

Last Agent to Sell the Property

Jeremiah Culbreth

GILBERT REALTY GROUP License #3027047 Listed on: 06/20/2022

Last Buyer's Agent

Jeremiah Culbreth

GILBERT REALTY GROUP License #3027047 Listed on: 06/20/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,371

Lot Details

  • 275 Acre Lot
  • Lot Dimensions are 2625 x 4594
  • Property fronts an easement
  • Dirt Road
  • North Facing Home
  • Cross Fenced
  • Barbed Wire
  • Oak Trees
  • Wooded Lot
  • Property is zoned LAND

Utilities

  • Well Required
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number A21-38-33-A00-0010-0000

Property Details

Property Type

Land

Est. Annual Taxes

$1,371

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 275
  • Lot Size Sq Ft: 26571600
  • Directions to Property: From Okeechobee head West 12 miles to Fulmar Terrace. Head south 5 miles to the gate.
  • Status: Sold
  • Total Acreage: 200 to less than 500
  • Ratio: Close Price\List Price: 0.90588
  • Price per Sq Ft: 0.08
  • Close to Original List Price Ratio: 0.90588
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 0

Exterior Features

  • Direction Faces: North
  • Road Frontage Type: Easement
  • Waterfront: No
  • Road Surface Type: Dirt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12043C0050C

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electrical Nearby
  • Sewer: Septic Tank
  • Water Source: Well Required
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: LAND
  • Parcel Number: A21-38-33-A00-0010-0000
  • Additional Parcels: No
  • Current Use: Cattle, Crops, Horses, Livestock
  • Fencing: Barbed Wire, Cross Fenced
  • Lot Dimensions: 2625 x 4594
  • Price Per Acre: 7247
  • Flood Zone Code: A
  • Flood Zone Date: 2014-09-26
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 1371
  • Tax Block: None
  • Tax Book Number: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Oct 21, 2022
Sold by
Role Tran Llc
Bought by
Ranch 196 Two Llc
Seller's Agent
Jeremiah Culbreth
GILBERT REALTY GROUP
Buyer's Agent
Jeremiah Culbreth
GILBERT REALTY GROUP
List Price
$2,200,000
Sold Price
$1,992,933
Premium/Discount to List
-$207,067
-9.41%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$779,037
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2022
Sold by
Ridge Farms Llc
Bought by
Role Tran Llc

Purchase Details

Closed on
Jun 21, 2019
Sold by
Lee Dennis Robert
Bought by
Ridge Farms Llc

Purchase Details

Closed on
Jun 17, 2019
Sold by
Lee Dennis Robert
Bought by
Ridge Farms Llc

Purchase Details

Closed on
Dec 28, 2012
Sold by
B & W Sod & Cattle Llc
Bought by
Wise Dennis Freida

Purchase Details

Closed on
Jun 16, 2005
Sold by
Brumley Charles W and Brumley Carolyn B
Bought by
B & W Sod & Cattle Lc

Purchase Details

Closed on
May 4, 2005
Sold by
Hampton Rebecca B
Bought by
Wise Dennis Freida M

Purchase Details

Closed on
Jun 21, 2004
Sold by
Kissimmee Oxbow Ranch Llc
Bought by
Wise Freida and Brumley Daniel
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ranch 196 Two Llc $1,959,375 None Listed On Document
Ranch 196 One Llc $2,493,750 --
Ranch 196 Two Llc $1,959,375 --
Ranch 196 Two Llc $1,959,375 None Listed On Document
Role Tran Llc $3,100,000 --
Ridge Farms Llc $2,188,000 Attorney
Ridge Farms Llc $2,188,000 Attorney
Wise Dennis Freida $306,000 Attorney
B & W Sod & Cattle Lc -- None Available
B & W Sod & Cattle Llc -- None Available
Wise Dennis Freida M -- None Available
Wise Dennis Freida M -- None Available
Wise Freida $3,270,500 --
Kissimmee Oxbow Ranch Llc $5,048,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ranch 196 Two Llc $800,000
Closed Ranch 196 One Llc $1,042,300
Closed Ranch 196 Two Llc $800,000
Closed Ranch 196 One Llc $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $1,992,933 -9.4% --
08/22/2022 08/22/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $2,200,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,270 $82,428 -- --
2023 $1,270 $71,702 $0 $0
2022 $1,270 $71,642 $0 $0
2021 $1,371 $74,696 $70,344 $4,352
2020 $1,373 $74,696 $70,344 $4,352
2019 $2,320 $126,372 $122,020 $4,352
2018 $2,254 $121,596 $117,244 $4,352
2017 $2,179 $115,142 $110,790 $4,352
2016 $2,179 $115,142 $110,790 $4,352
2015 $2,020 $106,401 $102,865 $3,536
2014 $2,041 $106,401 $102,865 $3,536
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jeremiah Culbreth

    GILBERT REALTY GROUP

    (863) 763-1155

    5 Total Sales

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Map

Source: Stellar MLS

MLS Number: OK221470

Stellar MLS

APN: A21-38-33-A00-0010-0000

Florida Glades County Okeechobee 34974

0 196th Terrace Unit OK221470, Okeechobee, FL

This home is located at 0 196th Terrace Unit OK221470, Okeechobee, FL 34974 since 20 June 2022. 0 196th Terrace Unit OK221470 is a home located in Glades County with nearby schools including Moore Haven Junior/Senior High School and Moore Haven Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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