NOT LISTED FOR SALE

1506 SE 8th Dr Okeechobee, FL 34974

Estimated Value: $299,000 - $423,000

3 Beds
2 Baths
1,624 Sq Ft
$221/Sq Ft Est. Value

Last Sold January 13, 2020

Last sale price $99,500 $61 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $2,041/month

3 Days on Market

Highlights

  • 125 Feet of Waterfront
  • Canal View
  • No HOA
  • In Ground Pool
  • Deck
  • Mature Landscaping

About This Home

As of January 2020

OKEECHOBEE ESTATES 2nd ADDITION: Waterfront property with pool. Needs a lot of work. Home has been empty for several years. Room sizes are estimated.

Last Agent to Sell the Property

Melody Hodges

MIXON REAL ESTATE GROUP License #199560 Listed on: 12/04/2019

Last Buyer's Agent

Melody Hodges

MIXON REAL ESTATE GROUP License #199560 Listed on: 12/04/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,116

Year Built

  • Built in 1972

Lot Details

  • 10,324 Sq Ft Lot
  • 125 Feet of Waterfront
  • Property fronts a freshwater canal
  • North Facing Home
  • Mature Landscaping

Home Design

  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,624 Sq Ft Home
  • Family Room
  • Concrete Flooring
  • Canal Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Access to Freshwater Canal
  • Deck
  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Community Details

  • No Home Owners Association
  • Okeechobee Estates Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,116

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1624
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 3032
  • Lot Size Sq Ft: 10324
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OK218779?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OK218779?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.24375
  • Price per Sq Ft: 61.27
  • Close to Original List Price Ratio: 1.24375
  • Ratio: Current Price\Building Area Total: 32.82
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Concrete
  • Full Bathrooms: 2
  • Interior Amenities: Other
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Room Count: 3
  • Additional Rooms: Family Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: In Ground
  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: Yes
  • Patio and Porch Features: Deck
  • Water View: Canal
  • Water Access: Canal - Freshwater
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12093C0480C
  • Waterfront Frontage: 125
  • Water Frontage Feet Canal Fresh: 125

Garage/Parking

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

Utilities

  • Utilities: Electricity Available
  • Cooling: Wall/Window Unit(s)
  • Heating: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: SFR
  • Parcel Number: R1-27-37-35-0010-00000-0110
  • Additional Parcels: No
  • Flood Zone Code: X500
  • Flood Zone Date: 2015-07-16
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2116
  • Tax Block: 0
  • Tax Book Number: 0
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Canal - Freshwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2021
Sold by
Feltenberger David and Feltenberger Lisa
Bought by
Dollar Robert and Dollar Carmella
Current Estimated Value
$358,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$155,662
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$203,172

Purchase Details

Closed on
Feb 17, 2021
Sold by
Feltenberger David and Feltenberger Lisa
Bought by
Dollar Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$155,662
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$203,172

Purchase Details

Listed on
Dec 4, 2019
Closed on
Jan 7, 2020
Sold by
Jones Marian Anne and Glorioso Ellinor Anne
Bought by
Feltenberger David and Feltenberger Lisa
Seller's Agent
Melody Hodges
MIXON REAL ESTATE GROUP
Buyer's Agent
Melody Hodges
MIXON REAL ESTATE GROUP
List Price
$80,000
Sold Price
$99,500
Premium/Discount to List
$19,500
24.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.01%

Purchase Details

Closed on
Oct 31, 2003
Sold by
Lawson Leonard and Lawson Bonnie Ann
Bought by
Baker-Percy Mariananne

Purchase Details

Closed on
May 7, 1996
Sold by
Percy George Almy and Percy Marian Baker
Bought by
Percy Marianne Baker
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Dollar Robert -- Lake Okeechobee Title Inc
Dollar Robert $265,000 Lake Okeechobee Title Inc
Feltenberger David $95,000 Okee Tantie Title Co Inc
Baker-Percy Mariananne -- --
Percy Marianne Baker $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dollar Robert $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2020 01/13/20 Sold $99,500 +24.4% $61 / Sq Ft
12/07/2019 12/07/19 Pending -- -- --
12/04/2019 12/04/19 For Sale $80,000 -- $49 / 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
2025 $1,933 $129,415 -- --
2024 $1,856 $125,768 -- --
2023 $1,781 $122,105 $0 $0
2022 $1,630 $118,549 $0 $0
2021 $3,365 $201,394 $29,106 $172,288
2020 $2,222 $121,254 $24,948 $96,306
2019 $2,274 $138,677 $24,948 $113,729
2018 $2,116 $121,340 $24,948 $96,392
2017 $1,908 $103,233 $0 $0
2016 $1,770 $86,813 $0 $0
2015 $1,730 $80,612 $0 $0
2014 -- $75,647 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melody Hodges

    Seller's Agent in 2020

    Melody Hodges

    MIXON REAL ESTATE GROUP

    (863) 697-1975

    51 in this area

    77 Total Sales

    Melody Hodges
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Map

Source: Stellar MLS

MLS Number: OK218779

Stellar MLS

APN: R1-27-37-35-0010-00000-0110

Florida Okeechobee County Okeechobee 34974

1506 SE 8th Dr, Okeechobee, FL

Not Listed for Sale

Detached

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

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