NOT LISTED FOR SALE

1108 NW 3rd St Okeechobee, FL 34972

Estimated Value: $301,000 - $486,000

5 Beds
3 Baths
2,342 Sq Ft
$175/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $440,000 $188 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,782/month

40 Days on Market

Highlights

  • Under Construction
  • Attic
  • No HOA
  • Vaulted Ceiling
  • Solid Surface Countertops
  • Walk-In Closet

About This Home

As of November 2022

Brand new beautiful CBS home on this .35 located within the city limits, very close to all the Amenities of Okeechobee. This one of a kind home has precast concrete banding all around, all impact windows and doors Inside and out are wrapped in beautiful architectural precast trim, not just your basic plain stucco bands, you must come see to appreciate the beauty of the home. This is a very spacious home, featuring 5 bedrooms and 3 bathrooms. Do you have a large family and in need of something big? or would you like your average size 3 bedroom home with the possibility of 2 extra bedrooms (with their own bathroom)that could possibly generate you rental income or pay most of the Mortgage for you? This home is the perfect setup for this scenario!

Last Agent to Sell the Property

Cliff Glansen

FLATFEE.COM License #0707077 Listed on: 08/22/2022

Last Buyer's Agent

Perla Penaloza

LIST IT RIGHT REALTY INC License #3272901

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $251

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • South Facing Home

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,342 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Schools

  • Central Elementary School
  • Yearling Middle School
  • Okeechobee High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Northwest Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$251

Year Built

Built in 2022 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2342
  • Lot Size Acres: 0.34
  • New Construction: Yes
  • Year Built: 2022
  • Lot Size Sq Ft: 14985
  • Status: Sold
  • Street Direction: NW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4545887?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4545887?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Projected Completion Date: 2022-09-01T04:00:00.000Z
  • Ratio: Close Price\List Price: 0.94421
  • Price per Sq Ft: 187.87
  • Close to Original List Price Ratio: 0.90722
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Stories: 1
  • Room Count: 7
  • Additional Rooms: Attic
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: South
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Public Remarks Required: Under Construction.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Central Elementary
  • High School: Okeechobee High School
  • Middle Or Junior School: Yearling Middle School

Lot Info

  • Zoning: RES
  • Parcel Number: R3-16-37-35-0160-00230-0190
  • Additional Parcels: No
  • Lot Dimensions: 100x150
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: n/a

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 250.79
  • Tax Block: 23
  • Tax Book Number: 1-25
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Nov 4, 2022
Sold by
Nunez Jose
Bought by
Osceola Imillakiyo R D
Seller's Agent
Cliff Glansen
FLATFEE.COM
Buyer's Agent
Perla Penaloza
LIST IT RIGHT REALTY INC
List Price
$485,000
Sold Price
$440,000
Premium/Discount to List
-$45,000
-9.28%
Views
124
Current Estimated Value
$410,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,045
Avg. Annual Appreciation
-2.14%
Original Mortgage
$264,550
Outstanding Balance
$255,796
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$155,159

Purchase Details

Listed on
May 18, 2020
Closed on
Mar 22, 2021
Sold by
Blake Doland and Blake Ruby
Bought by
Nunez Jose
Seller's Agent
Betty Khan
RE/MAX Select Group
List Price
$22,000
Sold Price
$22,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
535.48%

Purchase Details

Closed on
Dec 11, 2017
Sold by
Shahi Hakim
Bought by
Blake Ruby

Purchase Details

Closed on
May 24, 2017
Sold by
Blake Ruby
Bought by
Blake Donald and Blake Ruby

Purchase Details

Closed on
May 1, 2016
Bought by
Blake Ruby and Shahid Hakim

Purchase Details

Closed on
Sep 17, 2014
Sold by
Blake Ruby
Bought by
Hakim Blake Ruby and Hakim Shahid

Purchase Details

Closed on
Aug 14, 2003
Sold by
Cicero Robert I and Cole George
Bought by
Blake Ruby
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Osceola Imillakiyo R D $440,000 None Listed On Document
Nunez Jose $22,000 Attorney
Blake Ruby -- Attorney
Blake Donald -- Attorney
Blake Ruby $100 --
Hakim Blake Ruby -- Attorney
Blake Ruby $12,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osceola Imillakiyo R D $264,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2022 11/04/22 Sold $440,000 -5.6% $188 / Sq Ft
10/02/2022 10/02/22 Pending -- -- --
09/24/2022 09/24/22 Price Changed $466,000 -1.9% $199 / Sq Ft
09/13/2022 09/13/22 Price Changed $475,000 -2.1% $203 / Sq Ft
08/22/2022 08/22/22 For Sale $485,000 +2104.5% $207 / Sq Ft
03/22/2021 03/22/21 Sold $22,000 0.0% -- View Prior Sale
02/20/2021 02/20/21 Pending -- -- --
05/18/2020 05/18/20 For Sale $22,000 -- --
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
2025 $7,617 $357,124 $30,000 $327,124
2024 $7,404 $342,835 $22,000 $320,835
2023 $7,848 $360,507 $20,000 $340,507
2022 $293 $14,000 $14,000 $0
2021 $251 $12,500 $12,500 $0
2020 $222 $10,000 $10,000 $0
2019 $222 $10,000 $10,000 $0
2018 $207 $9,000 $9,000 $0
2017 $197 $8,500 $0 $0
2016 $199 $8,400 $0 $0
2015 $205 $8,400 $0 $0
2014 -- $8,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4545887

Stellar MLS

APN: R3-16-37-35-0160-00230-0190