NOT LISTED FOR SALE

1118 W Gibson St Arcadia, FL 34266

Estimated Value: $97,000 - $230,000

2 Beds
1.5 Baths
1,070 Sq Ft
$157/Sq Ft Est. Value

Last Sold November 22, 2013

Last sale price $60,000 $56 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $944/month

5 Days on Market

Highlights

  • Oak Trees
  • Contemporary Architecture
  • Corner Lot
  • Deck
  • Attic
  • Great Room

About This Home

As of November 2013

This listing is under contract, but the seller is accepting backup offers. "Tons" of storage in this well maintained CB Home on corner lot - nearly new metal roof and air conditioner. All appliances including washer and dryer are included. 2nd Floor above garage could be extra room. In probate - can not close for 90 days.

Last Agent to Sell the Property

Eugenia MARTIN

License #320993 Listed on: 04/30/2013

Last Buyer's Agent

Eugenia MARTIN

License #320993 Listed on: 04/30/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $475

Year Built

  • Built in 1962

Lot Details

  • 9,975 Sq Ft Lot
  • South Facing Home
  • Mature Landscaping
  • Corner Lot
  • Oak Trees
  • Property is zoned R-1B

Parking

  • 1 Car Garage
  • Rear-Facing Garage
  • Side Facing Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,070 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Great Room
  • Combination Dining and Living Room
  • Inside Utility
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Location

  • City Lot

Schools

  • West Elementary School
  • Desoto Middle School
  • Desoto County High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Royal Howard Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$475

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1070
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1962
  • Building Area Total: 1532
  • Lot Size Sq Ft: 9975
  • Directions to Property: Take 70 W from Arcadia to Wilson. Take right on Wilson to Gibson. Left on Gibson. House on right corner at end of Gibson.
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=F1002254&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=F1002254&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 0346
  • Call Center Phone Number: 863-494-2100
  • Ratio: Close Price\List Price: 0.92308
  • Price per Sq Ft: 56.07
  • Close to Original List Price Ratio: 0.92308
  • Ratio: Current Price\Building Area Total: 39.16
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Attic, Ceiling Fans(s), Living Room/Dining Room Combo, Window Treatments
  • Appliances Included: Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 1118
  • Room Count: 5
  • Additional Rooms: Attic, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Faces Rear, Garage Faces Side
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public, Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None

Schools

  • Elementary School: West Elementary School
  • High School: DeSoto County High School
  • Middle Or Junior School: DeSoto Middle School

Lot Info

  • Zoning: R-1B
  • Parcel Number: 25-37-24-0346-00A0-0010
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Lot
  • Millage Rate: 22.86
  • Flood Zone Code: X
  • Future Land Use: 000100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2013-11-22T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 475
  • Tax Block: 00A0
  • Tax Lot: 0010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2013
Closed on
Nov 20, 2013
Sold by
Sutphin Raeburn L
Bought by
Muniz Letticia and Flores Chavez Mario R
Seller's Agent
Eugenia MARTIN
Buyer's Agent
Eugenia MARTIN
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%
Current Estimated Value
$168,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,517
Avg. Annual Appreciation
9.03%
Original Mortgage
$55,918
Outstanding Balance
$41,750
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$126,767

Purchase Details

Closed on
Jul 12, 2001
Sold by
Ronaldson David and Ronaldson Martha L
Bought by
Sutphin Mary N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Interest Rate
7.23%

Purchase Details

Closed on
Oct 7, 1998
Sold by
Adcock Lawrence and Adcock Vicky
Bought by
Ronaldson David and Ronaldson Martha L
Source: Public Records

Range of Values:

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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
Muniz Letticia $60,000 Arcadia Abstract & Title Com
Sutphin Mary N $57,900 --
Ronaldson David $45,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muniz Letticia $55,918
Previous Owner Sutphin Mary N $55,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2013 11/22/13 Sold $60,000 -7.7% $56 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $65,000 -- $61 / Sq Ft
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 $717 $62,746 -- --
2023 $714 $60,918 $0 $0
2022 $710 $59,144 $0 $0
2021 $728 $55,723 $0 $0
2020 $735 $54,954 $0 $0
2019 $736 $53,718 $0 $0
2018 $736 $52,716 $0 $52,716
2017 $596 $49,638 $0 $49,638
2016 $701 $48,617 $0 $48,617
2015 $700 $48,279 $0 $48,279
2014 $688 $47,896 $0 $47,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: F1002254

Stellar MLS

APN: 25-37-24-0346-00A0-0010