NOT LISTED FOR SALE

1514 Colmar Ave Sebring, FL 33870

Estimated Value: $198,000 - $248,000

4 Beds
2 Baths
1,737 Sq Ft
$123/Sq Ft Est. Value

Last Sold November 28, 2014

Last sale price $44,000 $25 Per Sq Ft

Est. 385% increase in value since last sale

Current estimated payment $1,399/month

22 Days on Market

Highlights

  • Engineered Wood Flooring
  • Ceiling Fan
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of November 2014

Total 4 Bedroom 2 bath Duplex each side has 2 bedrooms 1 bath, and appliances. Convenient location. Great potential income property. Buyer is advised to have complete and thorough inspections done and to verify all information. Seller/Agents have no knowledge of property conditions. No seller disclosure available. Keys are not released until proof of funding and all buyer/seller documents have been delivered to Title Company. Being Sold As-Is. This property is eligible under the Freddie Mac First Look Initiative through 11/1/14. (no investor offers during this period) ALL attachments must be signed by buyer and/or agent, and submitted with offer.

Last Agent to Sell the Property

Carrie Cornelius

PRIME PLUS REAL ESTATE, INC/ Non MLS License #3122298 Listed on: 10/13/2014

Last Buyer's Agent

Joe Brett

Common Ground Realty LLC License #3253174

Common Ground Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,065

Year Built

  • Built in 1981

Lot Details

  • 7,050 Sq Ft Lot
  • Lot Dimensions are 50x141

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,737 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows

Kitchen

  • Oven
  • Range

Flooring

  • Engineered Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number S-33-34-29-010-00A0-0130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,065

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.162
  • Lot Size: 50x141
  • Road Surface Type: Paved
  • Directions: TAKE US 27 S AND TURN LEFT ONTO SEBRING PKWY, TURN LEFT ONTO AIRPORT RD/KENILWORTH BLVD, TURN RIGHT ONTO COLMAR AVE, DESTINATION IS ON THE LEFT.
  • Architectural Style: One Story
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1981
  • Property Sub Type Additional: Duplex
  • Special Features: 1028
  • Stories: 1

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Laminate, Simulated Wood, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1737.0
  • Window Features: Single Hung

Exterior Features

  • Pool Features: None
  • Construction Type: Block, Concrete, Stucco
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway, On Street

Utilities

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

Lot Info

  • Lot Size Sq Ft: 7050.0
  • Additional Parcels Description: ,,
  • Additional Parcels: No
  • Parcel #: S-33-34-29-010-00A0-0130

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 1065.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2022
Sold by
Formisano and Estela
Bought by
Mezzetti & Salazar Holdings Llc
Current Estimated Value
$213,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Outstanding Balance
$237,758
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
-$24,429

Purchase Details

Closed on
Apr 13, 2022
Sold by
Nicole Fromisano Emily
Bought by
Formisano Rafael and Formisano Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Outstanding Balance
$237,758
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
-$24,429

Purchase Details

Closed on
Dec 6, 2019
Sold by
Formisano Amelia B
Bought by
Formisano Emily Nicole and Formisano Allison Renee

Purchase Details

Closed on
Jun 1, 2016
Sold by
Formisano Rafael A
Bought by
Formisano Amelia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.64%

Purchase Details

Listed on
Oct 13, 2014
Closed on
Nov 24, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Formisano Rafael A and Formisano Amelia B
Seller's Agent
Carrie Cornelius
PRIME PLUS REAL ESTATE, INC/ Non MLS
Buyer's Agent
Joe Brett
Common Ground Realty LLC
List Price
$49,900
Sold Price
$44,000
Premium/Discount to List
-$5,900
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.22%

Purchase Details

Closed on
Jul 9, 2014
Sold by
Ocwen Loan Servicing Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 30, 2014
Sold by
Cruz Jose M and Cruz Margarita
Bought by
Ocwen Loan Servicing Llc

Purchase Details

Closed on
Sep 13, 2005
Sold by
Cordoves Erizaroba Hernandez and Cordoves Eric
Bought by
Cruz Jose M and Cruz Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,500
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 9, 2004
Sold by
Martinez Pavel
Bought by
Cordoves Eric and Cordoves Erizaroba Hernandez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,950
Interest Rate
8.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2001
Sold by
Martinez Najera Jacqueline
Bought by
Martinez Pavel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
7.05%

Purchase Details

Closed on
Feb 7, 2001
Sold by
Earnest David B and Earnest Kiyu H
Bought by
Martinez Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
10.25%
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
Mezzetti & Salazar Holdings Llc $350,000 Heartland Title
Formisano Rafael -- None Listed On Document
Formisano Emily Nicole -- Accommodation
Formisano Amelia B $100 --
Formisano Rafael A $44,000 Ras Title Llc
Federal Home Loan Mortgage Corporation -- Attorney
Ocwen Loan Servicing Llc $81,100 Attorney
Cruz Jose M $127,500 --
Cordoves Eric $85,000 Millenium Title Inc
Martinez Pavel $70,000 Global Title Company
Martinez Jacqueline $42,000 Heartland Title Insurance Ag
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mezzetti & Salazar Holdings Llc $262,500
Previous Owner Formisano Amelia B --
Previous Owner Cruz Jose M $92,500
Previous Owner Cordoves Eric $76,950
Previous Owner Martinez Pavel $66,500
Previous Owner Martinez Jacqueline $33,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2014 11/28/14 Sold $44,000 -11.8% $25 / Sq Ft
11/05/2014 11/05/14 Pending -- -- --
10/13/2014 10/13/14 For Sale $49,900 -- $29 / Sq Ft
Source: Heartland Association of REALTORS®

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 $3,531 $147,770 $3,750 $144,020
2024 $3,531 $152,016 $2,500 $149,516
2023 $3,171 $124,233 $2,500 $121,733
2022 $2,280 $104,522 $2,500 $102,022
2021 $2,002 $70,533 $2,500 $68,033
2020 $1,753 $62,513 $0 $0
2019 $1,481 $52,297 $0 $0
2018 $1,395 $53,576 $0 $0
2017 $1,315 $50,909 $0 $0
2016 $1,162 $35,611 $0 $0
2015 $1,150 $35,594 $0 $0
2014 $1,119 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Carrie Cornelius

    PRIME PLUS REAL ESTATE, INC/ Non MLS

  • Joe Brett

    Buyer's Agent in 2014

    Joe Brett

    Common Ground Realty LLC

    (863) 417-7050

    7 in this area

    27 Total Sales

    Joe Brett
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Map

Source: Heartland Association of REALTORS®

MLS Number: 231748

Heartland Association of REALTORS®

APN: S-33-34-29-010-00A0-0130

Florida Highlands County Sebring 33870

1514 Colmar Ave, Sebring, FL

Not Listed for Sale

MultiFamily

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