NOT LISTED FOR SALE

309 NW 7th St Okeechobee, FL 34972

Estimated Value: $290,146 - $450,000

4 Beds
4 Baths
2,119 Sq Ft
$173/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $335,000 $158 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,408/month

261 Days on Market

Highlights

  • Screened Porch
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Interior Lot
  • Central Heating and Cooling System

About This Home

As of May 2022

Great investment opportunity. CBS Duplex with 2 beds / 2 bath per unit. Located within city limits close to banks, shopping and schools.

Last Agent to Sell the Property

Jared Mobley

Legacy Real Estate of Florida LLC License #3501342 Listed on: 07/23/2021

Last Buyer's Agent

Jose Ramirez Barrera

Lokation License #3394835

Lokation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,480

Year Built

  • Built in 1987

Lot Details

  • 0.32 Acre Lot
  • Interior Lot

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,119 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Metal Windows
  • Screened Porch

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 31537350010007400030

Community Details

Overview

  • 2 Units
  • Okeechobee Subdivision

Building Details

  • Operating Expense $4,678
  • Net Operating Income $13,322

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,480

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Head N on Hwy 441, turn left on NW 6th St, Turn right on NW 3rd Ave, Turn Left on NW 7th St. 2nd property on the left.
  • Year Built: 1987
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Living Area: 2119.0
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: Enclosed Porch
  • Lot Features: Interior Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, 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 #: 31537350010007400030
  • Lot Size Sq Ft: 14000.0
  • Zoning Description: Multi-Fa
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 13322.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 4678.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3480.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
May 10, 2022
Sold by
Edwards Craig D and Edwards Eva J
Bought by
Southside Properties Llc
Seller's Agent
Jared Mobley
Legacy Real Estate of Florida LLC
Buyer's Agent
Jose Ramirez Barrera
Lokation
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%
Current Estimated Value
$365,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,787
Avg. Annual Appreciation
2.43%
Original Mortgage
$286,250
Interest Rate
4.52%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 28, 2002
Sold by
Wemmer Patricia A
Bought by
Edwards Craig D and Edwards Eva J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,500
Interest Rate
6.92%
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
Southside Properties Llc $335,000 Dale Michael L
Edwards Craig D $199,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Southside Properties Llc $286,250
Previous Owner Edwards Craig D $198,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2022 05/11/22 Sold $335,000 +3.1% $158 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
07/23/2021 07/23/21 For Sale $325,000 -- $153 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $5,937 $263,843 $30,000 $233,843
2024 $5,367 $212,063 $25,000 $187,063
2023 $5,357 $211,063 $24,000 $187,063
2022 $4,095 $150,089 $17,000 $133,089
2021 $3,818 $148,760 $14,000 $134,760
2020 $3,480 $125,761 $10,500 $115,261
2019 $3,386 $130,243 $11,500 $118,743
2018 $3,187 $114,240 $9,200 $105,040
2017 $2,888 $98,871 $0 $0
2016 $2,716 $88,358 $0 $0
2015 $2,605 $81,329 $0 $0
2014 -- $81,267 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10733230

BeachesMLS (Greater Fort Lauderdale)

APN: R3-15-37-35-0010-00740-0030