Seller's Agent in 2020
Joe Tumolo
RE/MAX
(772) 877-1875
100 Total Sales
316 SW 3rd St Okeechobee, FL 34974
Estimated Value: $157,000 - $172,000
2
Beds
1
Bath
816
Sq Ft
$201/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Shed
- Central Heating and Cooling System
- Patio
About This Home
As of October 2020Attention Investors! Location, location, location! Adorable 2 bed/ 1 bath CBS Home with new Everything and producing $900.00 rental income per month! NEW AC, NEW hot water heater, NEW appliances, NEW kitchen cabinets, NEW bathroom, NEW flooring and NEW interior/exterior paint. Currently being used as Residential Income property with a tenant in place that has already paid in full all up front until June 2021. Buyer will be credited for the pre-paid rent at closing. Immediate income! Property also has Commercial use and would be a perfect spot for a small business or office. Sitting on a double lot that has unlimited potential for growth. Build another home, build a Triplex or just enjoy the outdoor space with mature shade trees. Nestled in the Heart of Okeechobee with just a short stroll t
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,552
Year Built
- Built in 1949
Lot Details
- 7,057
Home Design
- Duplex
- Shingle Roof
- Composition Roof
Interior Spaces
- 816 Sq Ft Home
- 1-Story Property
- Wood Flooring
Outdoor Features
- Patio
- Shed
Additional Features
- 7,057 Sq Ft Lot
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 31537350010017500070
Community Details
Overview
- 2 Units
- Okeechobee Subdivision
Building Details
- Operating Expense $1,956
- Net Operating Income $9,804
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2020
Closed on
Oct 5, 2020
Sold by
110 Marion Road Inc
Bought by
Miranda Lorie and Shinbaum Larry
Seller's Agent
Joe Tumolo
RE/MAX Gold
Buyer's Agent
Joe Tumolo
RE/MAX Gold
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,930
Avg. Annual Appreciation
7.91%
Original Mortgage
$98,136
Interest Rate
5.06%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 5, 2018
Closed on
Apr 11, 2018
Sold by
Mccoin Michael
Bought by
110 Marion Road Inc
Seller's Agent
Lori Mixon
MIXON REAL ESTATE GROUP
List Price
$59,000
Sold Price
$30,000
Premium/Discount to List
-$29,000
-49.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.51%
Purchase Details
Closed on
Apr 26, 2005
Sold by
Montoya Rodolfo
Bought by
Mccoin James W
Purchase Details
Closed on
Dec 22, 1999
Sold by
Decarlo Frank
Bought by
Montoya Rodolfo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,365
Interest Rate
7.67%
Purchase Details
Closed on
Mar 14, 1997
Sold by
Decarlo Frank
Bought by
Till Shirley W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,840
Interest Rate
7.75%
Purchase Details
Closed on
Mar 12, 1996
Sold by
Watford Horace C and Watford Miriam H
Bought by
Decarlo Frank
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Miranda Lorie | $98,200 | Fairwater Title Company Llc | |
| 110 Marion Road Inc | $30,000 | Title Pro Llc | |
| Mccoin James W | $80,000 | Okee Tantie Title Co Inc | |
| Montoya Rodolfo | $35,000 | -- | |
| Decarlo Frank | -- | -- | |
| Till Shirley W | $38,000 | -- | |
| Decarlo Frank | $12,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Miranda Lorie | $98,136 | |
| Previous Owner | Decarlo Frank | $28,365 | |
| Previous Owner | Till Shirley W | $38,840 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/07/2020 10/07/20 | Sold | $110,000 | 0.0% | $135 / Sq Ft | |
| 09/07/2020 09/07/20 | Pending | -- | -- | -- | |
| 08/29/2020 08/29/20 | For Sale | $110,000 | +266.7% | $135 / Sq Ft | |
| 04/13/2018 04/13/18 | Sold | $30,000 | -49.2% | $36 / Sq Ft | View Prior Sale |
| 03/29/2018 03/29/18 | Pending | -- | -- | -- | |
| 02/05/2018 02/05/18 | For Sale | $59,000 | -- | $71 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $2,732 | $112,004 | $28,400 | $83,604 |
| 2024 | $2,595 | $112,004 | $28,400 | $83,604 |
| 2023 | $2,451 | $109,164 | $25,560 | $83,604 |
| 2022 | $2,235 | $92,991 | $20,662 | $72,329 |
| 2021 | $1,973 | $73,473 | $17,835 | $55,638 |
| 2020 | $1,705 | $65,830 | $17,835 | $47,995 |
| 2019 | $1,552 | $54,202 | $17,835 | $36,367 |
| 2018 | $1,361 | $44,361 | $17,835 | $26,526 |
| 2017 | $572 | $36,225 | $0 | $0 |
| 2016 | $559 | $35,480 | $0 | $0 |
| 2015 | $583 | $36,211 | $0 | $0 |
| 2014 | -- | $35,924 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Tumolo
-
Marci Whitley
Seller Co-Listing Agent in 2020
Marci Whitley
RE/MAX
(386) 747-7229
2 in this area
148 Total Sales
-
Lori Mixon
Seller's Agent in 2018
Lori Mixon
MIXON REAL ESTATE GROUP
(863) 634-1457
273 in this area
345 Total Sales
-
Julia Parker
Buyer Co-Listing Agent in 2018
Julia Parker
SOLIS REALTY GROUP, LLC
(863) 801-3489
36 in this area
70 Total Sales
Map
Source: BeachesMLS
MLS Number: R10650721
APN: R3-15-37-35-0010-01750-0070
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