$249,900
SOLD SEP 4, 2024

1200 NE 12th Ave Okeechobee, FL 34972

-- Bed
-- Bath
2,016 Sq Ft
5,837 Sq Ft Lot

Recently Sold

$124 Per Sq Ft

13% Below List Price

91 Days on Market

Highlights

  • Corner Lot
  • Open Patio
  • Central Heating and Cooling System
  • Porch
  • Ceramic Tile Flooring

About This Home

As of September 2024

Duplex with over 1000 sq ft per unit. Each unit has 3 bed and 1 bath. Currently bringing in $2800 per month. Cbs construction with a metal roof and central air. Units are in good condition and waiting for their new owner.

Last Agent to Sell the Property

William (Jason) Tomlinson

Okeechobee Homes and Land License #671175 Listed on: 06/04/2024

Co-Listed By

Brandi Joiner

Okeechobee Homes and Land License #3376286

Last Buyer's Agent

William (Jason) Tomlinson

Okeechobee Homes and Land License #671175 Listed on: 06/04/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,700

Year Built

  • Built in 1980

Lot Details

  • Corner Lot

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 2,016 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Ceramic Tile

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 115373500700000c0130

Community Details

Overview

  • 2 Units
  • Wright And Bass Subdivision

Building Details

  • Operating Expense $5,000
  • Net Operating Income $28,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,700

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1980
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Living Area: 2016.0

Exterior Features

  • Exterior Features: Porch
  • Lot Features: Corner Lot, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Metal

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 115373500700000c0130
  • Lot Size: < 1/4 Acre,Corner Lot,Pa
  • Zoning Description: multi fa

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 28600.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2700.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Aug 30, 2024
Sold by
Cafg Llc
Bought by
Vp Real Estate Holdings Llc
Seller's Agent
William (Jason) Tomlinson
Okeechobee Homes and Land
Buyer's Agent
William (Jason) Tomlinson
Okeechobee Homes and Land
List Price
$287,500
Sold Price
$249,900
Premium/Discount to List
-$37,600
-13.08%
Views
17
Current Estimated Value
$245,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,617
Avg. Annual Appreciation
-1.25%
Original Mortgage
$199,920
Outstanding Balance
$198,524
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$48,841

Purchase Details

Closed on
Jul 25, 2023
Sold by
Gros Christian S
Bought by
Cafg Llc

Purchase Details

Closed on
Feb 17, 2023
Sold by
Cafg Llc
Bought by
Gros Christiano S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,750
Interest Rate
5.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2021
Sold by
Humphries Valentina
Bought by
Cafg Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
2.8%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 16, 2017
Sold by
Thomas Joan Colton
Bought by
Humphries Valentina

Purchase Details

Closed on
Oct 18, 2010
Sold by
Abdul M Cumber Revocable Trust
Bought by
Thomas Joan Colton

Purchase Details

Closed on
Mar 31, 2005
Sold by
Thomas Joan Colton
Bought by
The Abdul M Cumber Revocable Trust and The Yasmin A Cumber Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
7%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 22, 2004
Sold by
Thomas Joan Colton
Bought by
Thomas Joan Colton and Thomas Robert Henry

Purchase Details

Closed on
Feb 22, 2001
Sold by
Colton Beatrice
Bought by
Thomas Joan Colton
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $249,900 Attorneys Title Partners Inc
Quit Claim Deed $100 None Listed On Document
Warranty Deed $62,300 Independence Title
Warranty Deed $110,000 Independence Title Inc
Quit Claim Deed -- Attorney
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed $22,500 --
Interfamily Deed Transfer $9,500 --
Quit Claim Deed $19,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $199,920 New Conventional
Previous Owner $66,000 New Conventional
Previous Owner $120,750 New Conventional
Previous Owner $124,600 New Conventional
Previous Owner $85,000 Stand Alone First
Previous Owner $22,500 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2024 09/04/24 Sold $249,900 0.0% $124 / Sq Ft
07/05/2024 07/05/24 Price Changed $249,900 -13.1% $124 / Sq Ft
06/04/2024 06/04/24 For Sale $287,500 -- $143 / Sq Ft
Source: BeachesMLS

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 $2,558 $87,089 $3,014 $84,075
2023 $2,362 $87,089 $3,014 $84,075
2022 $1,973 $64,688 $3,014 $61,674
2021 $1,747 $58,739 $2,471 $56,268
2020 $1,649 $50,360 $2,471 $47,889
2019 $1,629 $55,706 $2,471 $53,235
2018 $1,539 $44,854 $2,471 $42,383
2017 $1,385 $38,077 $0 $0
2016 $1,344 $33,984 $0 $0
2015 $1,330 $31,622 $0 $0
2014 -- $29,869 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10993014

BeachesMLS

APN: R1-15-37-35-0070-0000C-0130