NOT LISTED FOR SALE

1607 Melady Ave Sebring, FL 33870

Estimated Value: $183,000 - $200,000

3 Beds
2 Baths
1,808 Sq Ft
$106/Sq Ft Est. Value

Last Sold August 25, 2022

Last sale price $175,000 $97 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,405/month

61 Days on Market

Highlights

  • Engineered Wood Flooring
  • Separate Outdoor Workshop
  • Central Heating and Cooling System
  • No HOA
  • Front Porch
  • Fenced

About This Home

As of August 2022

Built in 1926 and lovingly maintained through the years, this 3 bedroom (or easily converted to 4) 2 bathroom is centrally located in the beautiful city of Sebring, FL. As you walk in to the home you get a feel of quality craftsmanship. Beautiful hardwood flooring throughout, built in cabinets in multiple rooms, brick wood burning fireplace the list of features go on and on. Coming in to the home through the fully enclosed porch you enter the main living room where the original brick fireplace immediately draws your attention. As you continue on to the kitchen, you'll find stainless steel appliances that go really well with the dark colored cabinets and light granite countertops. A formal dining just off the kitchen features wood paneling with dark baseboards and crown molding that adds amazing contrast to the space. Numerous windows let in an ample amount of light in each room. The spacious guest bedrooms are located on the first floor and share a bathroom. The bathroom has been completely tiled and is finished with an awesome tub/shower combo. Tons of closet space throughout the home and an indoor utility room can be found as you make your way to the staircase to the second floor. On the second floor you'll find a large master suite and private bathroom. The upper level is split into two sections. A step down from the master has a bonus "den" that could be converted to another bedroom. Through 17 presidents, a man walking on the moon, McDonalds starting and the 60's this home has stood the test of time and this is your chance to own a piece of history.

Last Agent to Sell the Property

Matthew Nelson

Keller Williams of Highlands County License #3232487 Listed on: 05/24/2022

Keller Williams of Highlands County

Last Buyer's Agent

SEBRING NON MLS

NON-MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,280

Year Built

  • Built in 1926

Lot Details

  • 0.65 Acre Lot
  • Fenced
  • Zoning described as R2

Parking

  • 1 Carport Space

Home Design

  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,808 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Separate Outdoor Workshop
  • Shed
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number S-33-34-29-020-2100-0080

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,280

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.65
  • Road Surface Type: Paved
  • Directions: From US 27 and Hammock Rd, head South on US 27 to Left on Desoto Rd, to Left on S Highlands Ave, to Right on Youth Care Lane, to Left on Melady Ave to property address on the Left.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1926
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Hardwood, Laminate, Simulated Wood
  • Living Area: 1808.0

Exterior Features

  • Pool Features: None
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Fence, Shed, Workshop
  • Patio And Porch Features: Enclosed, Front Porch
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Carport

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: None
  • Utilities: Sewer Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 28400.0
  • Additional Parcels Description: ,,
  • Parcel #: S-33-34-29-020-2100-0080
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2279.63
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Aug 8, 2022
Sold by
Sylvia Matthew G and Sylvia Chelsea
Bought by
Lopez Taisa and Sadowska Izabella
Seller's Agent
Matthew Nelson
Keller Williams of Highlands County
Buyer's Agent
SEBRING NON MLS
NON-MLS OFFICE
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%
Current Estimated Value
$214,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,030
Avg. Annual Appreciation
6.30%

Purchase Details

Listed on
Oct 11, 2019
Closed on
Apr 17, 2020
Sold by
Wgm Partners Llc
Bought by
Sylvia Matthew G
Seller's Agent
Ivan Barinas
INACTIVE
Buyer's Agent
SEBRING NON MLS
NON-MLS OFFICE
List Price
$169,000
Sold Price
$120,000
Premium/Discount to List
-$49,000
-28.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.34%
Original Mortgage
$128,787
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2014
Sold by
Legacy Asset Holdings Llc
Bought by
Melady Avenue Land Trust Land Trust #160

Purchase Details

Closed on
Sep 29, 2011
Sold by
Fannie Mae
Bought by
Legacy Asset Holdings Llc

Purchase Details

Closed on
Sep 26, 2011
Sold by
Cenlar Fsb
Bought by
Fannie Mae

Purchase Details

Closed on
Jun 8, 2011
Sold by
Panchu Dipchand
Bought by
Cenlar Fsb

Purchase Details

Closed on
Apr 19, 2004
Sold by
Hinshaw Chester D
Bought by
Panchu Dipchand and Panchu Janki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lopez Taisa $175,000 South Ridge Abstract & Title
Sylvia Matthew G $120,000 Talon Title Services Llc
Melady Avenue Land Trust Land Trust #160 -- Attorney
Legacy Asset Holdings Llc $23,685 None Available
Fannie Mae -- Attorney
Cenlar Fsb -- None Available
Panchu Dipchand $50,000 Heartland Title Insurance Ag
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sylvia Matthew G $128,787
Previous Owner Panchu Dipchand $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $175,000 -2.7% $97 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $179,900 0.0% $100 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $179,900 +49.9% $100 / Sq Ft
04/17/2020 04/17/20 Sold $120,000 -29.0% $66 / Sq Ft
02/09/2020 02/09/20 Pending -- -- --
10/11/2019 10/11/19 For Sale $169,000 -- $93 / 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
2024 $2,865 $133,110 $10,100 $123,010
2023 $2,865 $126,730 $10,100 $116,630
2022 $2,441 $111,149 $10,100 $101,049
2021 $2,280 $97,002 $10,100 $86,902
2020 $1,659 $69,985 $0 $0
2019 $1,497 $61,769 $0 $0
2018 $1,452 $61,880 $0 $0
2017 $1,335 $54,873 $0 $0
2016 $1,160 $45,951 $0 $0
2015 $1,074 $41,650 $0 $0
2014 $1,068 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Heartland Association of REALTORS®

MLS Number: 287393

Heartland Association of REALTORS®

APN: S-33-34-29-020-2100-0080