NOT LISTED FOR SALE

1861 Sunset Trail Alva, FL 33920

Estimated Value: $314,000 - $452,000

3 Beds
2.5 Baths
1,604 Sq Ft
$225/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $280,000 $175 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,202/month

121 Days on Market

Highlights

  • Loft
  • Oversized Lot
  • Bathtub
  • No HOA
  • 2 Car Detached Garage
  • Tile Flooring

About This Home

As of September 2023

BUYER FAILED TO MEET LOAN COMMITMENT! This 1940's home is located in an old Florida setting with live oaks and lush landscaping.
The kitchen has white cabinets, granite countertops with a farm style sink and stainless steel appliances.
The first floor living area has 3 bedrooms, 2 baths, kitchen, laundry/mud room, dining and family rooms.
The wrought iron staircase leads to the large loft which is perfect for a teenager or studio.
The lot is over a half acre with a large detached garage.
New flooring, and new A/C.

Last Agent to Sell the Property

Monica Morris

Real Estate of Florida License #258004862 Listed on: 05/28/2023

Real Estate of Florida

Last Buyer's Agent

Colleen Kennington

Sellstate Advantage Realty License #258033639

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,557

Year Built

  • Built in 1940

Lot Details

  • 0.56 Acre Lot
  • Property fronts a private road
  • Southwest Facing Home
  • Oversized Lot
  • Property is zoned AG-2

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,604 Sq Ft Home
  • 2-Story Property
  • Single Hung Windows
  • Loft

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Purifier
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Alva Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 4
  • Assessor Parcel Number 20-43-27-01-00004.0010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,557

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.56
  • Road Frontage Type: Private Road
  • Ownership: Single Family
  • Subdivision Name: ALVA
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1940
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Self Cleaning Oven, Water Purifier, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Laminate, Tile
  • Interior Amenities: Bathtub, Other, Separate Shower, Cable TV, Loft, Split Bedrooms
  • Living Area: 1604.0
  • Stories: 2
  • Window Features: Single Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Private: No
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Stucco, Wood Frame
  • Direction Faces: Southwest
  • Exterior Features: Room For Pool
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Detached, Garage, Paved

Utilities

  • Laundry Features: Inside
  • Security: None
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 20-43-27-01-00004.0010
  • Zoning Description: AG-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3556.84
  • Tax Block: 4
  • Tax Lot: 1
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2023
Closed on
Sep 27, 2023
Sold by
Young Joseph and Boyd David
Bought by
Hagan Barbara Joan and Fleming Allan David
Seller's Agent
Monica Morris
Real Estate of Florida
Buyer's Agent
Colleen Kennington
Sellstate Advantage Realty
List Price
$290,000
Sold Price
$280,000
Premium/Discount to List
-$10,000
-3.45%
Views
164
Current Estimated Value
$360,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,344
Avg. Annual Appreciation
12.15%
Original Mortgage
$224,000
Outstanding Balance
$219,364
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$140,980

Purchase Details

Listed on
Jan 17, 2019
Closed on
Apr 22, 2019
Sold by
Vargo Vargo Sharon Sharon and Vargo Hershey Sharon
Bought by
Young Joseph and Boyd David
Seller's Agent
Lois Luber
Priceless Realty, Inc.
Buyer's Agent
Bree Hoffner
Coldwell Banker Realty
List Price
$195,000
Sold Price
$152,500
Premium/Discount to List
-$42,500
-21.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.74%
Original Mortgage
$122,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2017
Closed on
May 30, 2017
Sold by
Sadovic Stephane and Sadovic Bliss
Bought by
Vargo Sharon
Seller's Agent
Laura Negron
Marc Joseph Realty
Buyer's Agent
Lois Luber
Priceless Realty, Inc.
List Price
$189,000
Sold Price
$144,000
Premium/Discount to List
-$45,000
-23.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%
Original Mortgage
$136,800
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2016
Sold by
Bank Of America Na
Bought by
Sadvoic Stephane and Sadvoic Bliss

Purchase Details

Closed on
Mar 18, 2016
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 10, 2012
Sold by
Bowlin Arman
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 8, 2010
Sold by
Bowlin Arman
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Dec 5, 1998
Sold by
Bassett Judy M and Bassett Ronald E
Bought by
Bowlin Arman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,767
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 5, 1994
Sold by
Bassett Judy M
Bought by
Bassett Judy M and Bassett Ronald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.46%
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
Hagan Barbara Joan $280,000 5 Star Title Group
Young Joseph $152,500 Omega Land Title Llc
Vargo Sharon $144,000 South Shore Title Inc
Sadvoic Stephane $72,000 Title365
Bank Of America Na -- None Available
Bank Of America Na $77,100 None Available
Bac Home Loans Servicing Lp -- None Available
Bowlin Arman $75,000 --
Bassett Judy M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hagan Barbara Joan $224,000
Previous Owner Young Joseph $122,000
Previous Owner Vargo Sharon $136,800
Previous Owner Bowlin Arman $75,767
Previous Owner Bassett Judy M $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2023 09/27/23 Sold $280,000 -3.4% $175 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
08/19/2023 08/19/23 For Sale $290,000 0.0% $181 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
06/19/2023 06/19/23 Price Changed $290,000 -4.9% $181 / Sq Ft
05/28/2023 05/28/23 For Sale $305,000 +100.0% $190 / Sq Ft
04/26/2019 04/26/19 Sold $152,500 -21.8% $95 / Sq Ft View Prior Sale
03/27/2019 03/27/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $195,000 +35.4% $122 / Sq Ft
05/30/2017 05/30/17 Sold $144,000 -23.8% $62 / Sq Ft View Prior Sale
04/30/2017 04/30/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $189,000 -- $81 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $3,678 $274,784 $51,357 $186,025
2024 $3,453 $269,684 $72,476 $166,106
2023 $3,453 $269,994 $0 $0
2022 $3,557 $262,130 $40,393 $221,737
2021 $2,247 $129,548 $28,519 $101,029
2020 $2,078 $121,939 $20,720 $101,219
2019 $1,589 $118,703 $20,720 $97,983
2018 $1,627 $119,509 $20,720 $98,789
2017 $3,422 $201,885 $15,680 $186,205
2016 $1,751 $125,299 $19,549 $105,750
2015 $1,615 $109,945 $19,493 $90,452
2014 $1,402 $89,594 $18,768 $70,826
2013 -- $54,955 $13,079 $41,876
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223040341

Florida Gulf Coast Multiple Listing Service

APN: 20-43-27-01-00004.0010