NOT LISTED FOR SALE

2138 SE 38th Trail Okeechobee, FL 34974

Estimated Value: $254,000 - $407,000

8 Beds
4 Baths
3,050 Sq Ft
$102/Sq Ft Est. Value

Last Sold January 15, 2015

Last sale price $115,000 $38 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $2,169/month

28 Days on Market

Highlights

  • Water Views
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Patio
  • Central Heating and Cooling System

About This Home

As of January 2015

Ideal income investment for both those just building their portfolios to the seasoned investor. Four units, two separate buildings, all are two bedrooms, one bath, open living area with vaulted ceilings & utility rooms on .378 acre lot. Close to Lake Okeechobee & boating / fishing activities.

Last Agent to Sell the Property

Faith M

The Keyes Company (PBG) License #3134010 Listed on: 12/17/2014

The Keyes Company (PBG)

Co-Listed By

Kristine Briggs

Coastal Properties License #3040975

Last Buyer's Agent

Non-Member Mls Agent

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.38

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,050 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Water Views

Flooring

  • Carpet
  • Ceramic Tile

Additional Features

  • Patio
  • 0.38 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $450
  • Rent includes electricity, cable TV, water
  • Assessor Parcel Number 13537350030000002880

Community Details

Overview

  • 4 Units
  • Taylor Creek Isles Subdivision

Building Details

  • Operating Expense $6,000
  • Net Operating Income $6,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: 441 to Royal Palm Dr (turn at Seacoast bank) to SE 38th Trail. Property on west side
  • Year Built: 1971
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 3050.0

Exterior Features

  • Exterior Features: Patio
  • View: Other, Water
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV, Water
  • Senior Community: No

Lot Info

  • Parcel #: 13537350030000002880
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 16466.0
  • Zoning Description: Multi Fa

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 6000.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 6000.0
  • Total Actual Rent: 450.0

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 3163.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2014
Closed on
Jan 14, 2015
Sold by
Hara Stephen D O and Hara Bernard F O
Bought by
Gonzalez Priscilla F
Seller's Agent
Faith M
The Keyes Company (PBG)
Buyer's Agent
Non-Member Mls Agent
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Current Estimated Value
$310,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,787
Avg. Annual Appreciation
9.43%

Purchase Details

Closed on
Jul 13, 1999
Sold by
Wheeler Jack and Wheeler Yvonne C
Bought by
Ohara Stephen D and Ohara Bernard F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.43%

Purchase Details

Closed on
Jul 9, 1999
Sold by
Larose Chonoliah and Larose Lionel
Bought by
Wheeler Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.43%
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
Gonzalez Priscilla F $115,000 Attorney
Ohara Stephen D $115,000 --
Wheeler Jack $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ohara Stephen D $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2015 01/15/15 Sold $115,000 -8.0% $38 / Sq Ft
12/17/2014 12/17/14 For Sale $125,000 -- $41 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $6,627 $310,668 $58,000 $252,668
2024 $6,037 $260,774 $48,000 $212,774
2023 $5,705 $252,774 $40,000 $212,774
2022 $4,828 $197,817 $40,000 $157,817
2021 $4,452 $192,299 $29,000 $163,299
2020 $4,165 $166,420 $28,000 $138,420
2019 $3,963 $165,890 $28,000 $137,890
2018 $3,711 $135,727 $26,000 $109,727
2017 $3,407 $117,287 $0 $0
2016 $3,299 $106,812 $0 $0
2015 $3,266 $100,155 $0 $0
2014 $3,089 $93,705 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2015

    Faith M

    The Keyes Company (PBG)

    (561) 718-4066

    11 Total Sales

    Faith M
    Section Image

  • K

    Seller Co-Listing Agent in 2015

    Kristine Briggs

    Coastal Properties

  • N

    Buyer's Agent in 2015

    Non-Member Mls Agent

  • N

    Buyer's Agent in 2015

    Non-Member

    Non-Member Selling Office

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10096591

BeachesMLS (Greater Fort Lauderdale)

APN: R1-35-37-35-0030-00000-2880

Florida Okeechobee County Okeechobee 34974

2138 SE 38th Trail, Okeechobee, FL

Not Listed for Sale

MultiFamily

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