NOT LISTED FOR SALE

25601 SW Hannahs Path Okeechobee, FL 34974

Estimated Value: $1,738,000 - $2,825,000

3 Beds
3.5 Baths
3,400 Sq Ft
$706/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $2,825,000 $831 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $14,361/month

190 Days on Market

Highlights

  • Lake Front
  • Concrete Pool
  • Deck
  • South Fork High School Rated A-
  • 916,066 Sq Ft lot
  • Vaulted Ceiling

About This Home

As of September 2024

Own one of the largest farms in Martin County Ranches. The "Big G" is a remarkable 7,425 SF (3,400 SF under air) estate home on 21.3 acres offering the ultimate in privacy. Gated entrance within the gated community, brings you to a show stopping home at the end of the driveway. This ranch home boasts 3 BR, 3 1.2 baths with vaulted beamed ceilings, separate office, open living area, fireplace, kitchen and separate dining area. Traditional Florida wrap-around porch, outdoor kitchen and gas fire pit. Swimming pool overlooking wood deck on the edge of the lake. A true nature lover's haven can be your new family home.

Last Agent to Sell the Property

Monica Cataluña

KoRes Realty License #3086010 Listed on: 02/19/2024

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,869

Year Built

  • Built in 2018

Lot Details

  • 21.03 Acre Lot
  • 20 Ft Wide Lot
  • Lake Front
  • South Facing Home
  • Fenced
  • Oversized Lot
  • Unpaved Streets

HOA Fees

  • $466 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Automatic Garage Door Opener
  • Driveway
  • Guest Parking
  • Open Parking

Property Views

  • Lake
  • Garden
  • Pool

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 3,400 Sq Ft Home
  • Partially Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Den
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Bathtub
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool
  • Fence Around Pool
  • Pool Equipment Stays

Outdoor Features

  • Deck
  • Patio
  • Outdoor Grill
  • Porch

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Septic Tank

Community Details

  • Martin County Ranches Subdivision

Listing and Financial Details

  • Assessor Parcel Number 113837001000003400

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,869

Year Built

Built in 2018

Lot Details

0

HOA Fees

$466 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story, Ranch
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: Martin County Ranches
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Entrance Foyer, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Den/Library/Office, Family Room, Great Room, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Floor, Concrete, Other
  • Furnished: Partially Furnished
  • Living Area: 3400
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Investment
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub, Primary Bedroom Ground Level
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Utility Room/Laundry

Exterior Features

  • Roof: Shingle
  • View: Garden, Lake, Pool
  • Exterior Features: Barbeque
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 10 Or More Acre Lot, Oversized Lot
  • Patio And Porch Features: Deck, Open Porch, Patio, Wrap Around
  • Pool Features: In Ground, Fenced, Concrete, Equipment Stays
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: Martin County Ranches
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Guest, Other

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association Fee: 1398
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Private Roads, Unpaved Road
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 113837001000003400
  • Lot Size Sq Ft: 916066
  • Zoning: Res
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11869

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
Sep 5, 2024
Sold by
Martin County Ranch-Lot 35 Llc and Martin County Ranches-Lot 35 Llc
Bought by
Lazy J Ranch Llc
Seller's Agent
Monica Cataluña
KoRes Realty
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$2,400,000
Sold Price
$2,825,000
Premium/Discount to List
$425,000
17.71%
Views
49
Current Estimated Value
$2,401,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$423,196
Avg. Annual Appreciation
-14.45%

Purchase Details

Closed on
Oct 1, 2005
Sold by
Winners Choice Inc
Bought by
Martin County Ranches Lot35 Llc

Purchase Details

Closed on
Mar 24, 2004
Sold by
Fl Land Partners Llc
Bought by
Winners Choice Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,500
Interest Rate
5.55%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Lazy J Ranch Llc $4,325,000 None Listed On Document
Martin County Ranches Lot35 Llc $550,000 Attorney
Winners Choice Inc $445,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Winners Choice Inc $400,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $2,825,000 0.0% $831 / Sq Ft
09/05/2024 09/05/24 Sold $2,825,000 0.0% $820 / Sq Ft
09/05/2024 09/05/24 For Sale $2,825,000 -2.6% $820 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
07/24/2024 07/24/24 Pending -- -- --
04/19/2024 04/19/24 Price Changed $2,900,000 +20.8% $853 / Sq Ft
02/20/2024 02/20/24 For Sale $2,400,000 -- $706 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $14,537 $1,643,870 $581,480 $1,062,390
2024 $12,745 $813,354 -- --
2023 $12,745 $739,850 $0 $0
2022 $11,869 $689,680 $0 $0
2021 $14,937 $840,520 $189,270 $651,250
2020 $11,747 $654,970 $0 $0
2019 $14,608 $808,790 $159,830 $648,960
2018 $223 $13,010 $0 $0
2017 $199 $11,810 $0 $0
2016 $86 $5,050 $0 $0
2015 $83 $5,050 $0 $0
2014 $83 $5,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11536103

MIAMI REALTORS® MLS

APN: 11-38-37-001-000-00340-0