NOT LISTED FOR SALE

200 NW 6th St Okeechobee, FL 34972

Estimated Value: $421,559 - $571,000

6 Beds
6 Baths
5,112 Sq Ft
$97/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $325,000 $64 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,496/month

32 Days on Market

Highlights

  • 21,000 Sq Ft lot
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of June 2021

2 Duplexes each with a 1 bedroom 1 bath and 2 bedroom and 1.5 bath. Newer metal roofs. All duplexes are currently rented. Great location, close to hospital, schools, and shopping.Great cap rate. All measurements are approximate. Buyer is responsible for his due diligence.NO SHOWINGS WITHOUT A SIGNED BILATERAL CONTRACT AND PROOF OF FUNDS!

Last Agent to Sell the Property

Diane Johnson

Florida Homes Realty & Mortgage License #3271909 Listed on: 04/13/2021

Florida Homes Realty & Mortgage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,106

Year Built

  • Built in 1986

Lot Details

  • 0.48 Acre Lot

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 5,112 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 31537350010007500100

Community Details

Overview

  • 4 Units
  • Okeechobee Subdivision

Building Details

  • Operating Expense $9,802
  • Net Operating Income $20,198

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,106

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Hwy 441 North to NW 6th Street.
  • Year Built: 1986
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Tile
  • Living Area: 5112.0

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Metal

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 31537350010007500100
  • Lot Size Sq Ft: 21000.0
  • Zoning Description: Multi-Fa
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 20198.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 9802.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6106.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
Jun 15, 2021
Sold by
Jbass Properties Llc
Bought by
Simoes R and 16330B62 Trust
Seller's Agent
Diane Johnson
Florida Homes Realty & Mortgage
List Price
$320,000
Sold Price
$325,000
Premium/Discount to List
$5,000
1.56%
Current Estimated Value
$496,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,890
Avg. Annual Appreciation
11.68%
Original Mortgage
$260,000
Interest Rate
2.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2012
Sold by
Kight Fred and Estate Of Winifred Ann Kight
Bought by
Kight Fred and Kight Chris

Purchase Details

Closed on
Jun 11, 2009
Sold by
Kelly Betty J
Bought by
Jbass Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
9%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
Simoes R $325,000 Assured Title Agency
Kight Fred -- Attorney
Jbass Properties Llc $180,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simoes R $260,000
Previous Owner Jbass Properties Llc $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $325,000 +1.6% $64 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $320,000 -- $63 / 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 $9,026 $370,913 $37,500 $333,413
2023 $8,566 $369,413 $36,000 $333,413
2022 $7,557 $269,901 $25,500 $244,401
2021 $6,660 $247,746 $21,000 $226,746
2020 $6,106 $212,946 $15,750 $197,196
2019 $6,075 $216,341 $17,250 $199,091
2018 $5,729 $189,899 $13,800 $176,099
2017 $5,429 $182,781 $0 $0
2016 $5,110 $163,085 $0 $0
2015 $4,945 $151,823 $0 $0
2014 -- $153,961 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10707677

BeachesMLS

APN: R3-15-37-35-0010-00750-0100