NOT LISTED FOR SALE

2913 Herring Ave Sebring, FL 33870

Estimated Value: $203,891 - $242,000

4 Beds
2 Baths
1,458 Sq Ft
$152/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $249,900 $171 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,376/month

4 Days on Market

Highlights

  • Engineered Wood Flooring
  • Front Porch
  • Ceiling Fan
  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of November 2023

Great Investment Opportunity. Duplex fully rented with income of $2,400 per month giving you a 9% CAP RATE. Each unit has 2 bedrooms and 1 bathroom. The building is concrete block with a new metal roof and newer a/c units as well. All tile & laminate flooring (no carpet). Metered separately and tenants pay utilities. Both tenants are currently on month to month leases but have no intentions of leaving. Tenants do not know the property is for sale so do not disturb or approach tenants. No sign on property. Interior showings only during due diligence period.

Last Agent to Sell the Property

Tom Barrett

INACTIVE License #3394320 Listed on: 10/18/2023

INACTIVE

Last Buyer's Agent

Rhonda McCullough

ADVANCED ALL SERVICE/ SEBRING License #3206036

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $515

Year Built

  • Built in 1978

Lot Details

  • 0.39

Home Design

  • Duplex
  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,458 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan

Flooring

  • Engineered Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Sewer Not Available

Additional Features

  • Front Porch
  • 0.39 Acre Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number C-10-34-28-040-0000-0560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$515

Year Built

Built in 1978

Lot Details

0.39 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.39
  • Road Surface Type: Paved
  • Directions: From the intersection of US 27 & Valerie Blvd, take Valerie Blvd East to Left onto Memorial to Left onto Herring and the home is on the left
  • Architectural Style: One Story
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1978
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Laminate, Simulated Wood, Tile
  • Interior Amenities: Ceiling Fan(s), Unfurnished
  • Living Area: 1458.0

Exterior Features

  • Pool Features: None
  • Construction Type: Block, Concrete
  • Patio And Porch Features: Front Porch, Open
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, On Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 17040.0
  • Additional Parcels Description: ,,
  • Parcel #: C-10-34-28-040-0000-0560
  • Zoning Description: R3FUD
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 514.71
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Nov 29, 2023
Sold by
Cz & T Residential Llc
Bought by
Schewe Jason Alan
Seller's Agent
Tom Barrett
INACTIVE
Buyer's Agent
Rhonda McCullough
ADVANCED ALL SERVICE/ SEBRING
List Price
$249,900
Sold Price
$249,900
Views
9
Current Estimated Value
$221,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,427
Avg. Annual Appreciation
-5.14%
Original Mortgage
$187,425
Outstanding Balance
$183,923
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$37,550

Purchase Details

Closed on
Sep 26, 2022
Sold by
Tri-County Human Services Inc
Bought by
Cz & T Residential Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,412
Interest Rate
5.55%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 31, 2020
Sold by
9057 Lyons Llc
Bought by
Tri County Human Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
3.74%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 5, 2011
Sold by
Grosse Patrick M and Grosse Janice A
Bought by
A & M Properties Of Lake Placid Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,246
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2005
Sold by
Grosse Patrick M and Grosse Janice A
Bought by
Grosse Patrick M and Grosse Janice A
Source: Public Records
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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
Schewe Jason Alan $249,900 None Listed On Document
Cz & T Residential Llc $156,800 --
Tri County Human Services Inc $140,000 Attorney
A & M Properties Of Lake Placid Inc $49,500 Heartland Title
Grosse Patrick M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schewe Jason Alan $187,425
Previous Owner Cz & T Residential Llc $130,412
Previous Owner Tri County Human Services Inc $112,000
Previous Owner A & M Properties Of Lake Placid Inc $40,246
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2023 11/29/23 Sold $249,900 0.0% $171 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $249,900 -- $171 / Sq Ft
Source: Heartland Association of REALTORS®

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 $2,674 $156,582 $14,040 $142,542
2024 $2,013 $160,832 $12,870 $147,962
2023 $2,013 $109,680 $12,285 $97,395
2022 $515 $80,953 $9,360 $71,593
2021 $497 $56,927 $5,520 $51,407
2020 $1,153 $50,382 $0 $0
2019 $0 $44,264 $0 $0
2018 $1,068 $43,461 $0 $0
2017 $1,014 $43,359 $0 $0
2016 $975 $39,385 $0 $0
2015 $812 $31,221 $0 $0
2014 $802 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 299464

Heartland Association of REALTORS®

APN: C-10-34-28-040-0000-0560

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