NOT LISTED FOR SALE

318 Cherry Tree Dr Sebring, FL 33876

Spring Lake Village Neighborhood

Estimated Value: $288,000 - $385,000

4 Beds
4 Baths
2,076 Sq Ft
$155/Sq Ft Est. Value

Last Sold August 29, 2023

Last sale price $329,000 $158 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,022/month

Highlights

  • 0.89 Acre Lot
  • Screened Porch
  • Tile Flooring
  • Clubhouse
  • Pickleball Courts
  • Central Heating and Cooling System

About This Home

As of August 2023

PENDING BEFORE PRINT. Great investment property. This 2BD/2BA duplex is situated on approximately 1 acre of land. The owner has taken great pride in restoring this duplex for the new owner. New roof 2023, All new PGT EnergyVue Vinyl windows, Duke Energy surge protection, freshly painted, replaced dishwashers, ceiling lights/heat lamps in both bathrooms, front doors, rescreened the lanais and much more. Both units are move in ready.

Last Agent to Sell the Property

Lisa Ann Terrell

INACTIVE License #3380449 Listed on: 08/02/2023

Last Buyer's Agent

Edelsa Hernandez

RE/MAX REALTY PLUS License #0648277

RE/MAX REALTY PLUS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,292

Year Built

  • Built in 1979

Lot Details

  • 0.89 Acre Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,076 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Screened Porch
  • Tile Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number C-15-35-30-020-00T0-0070

Community Details

Overview

  • 2 Units

Amenities

  • Clubhouse

Recreation

  • Pickleball Courts
  • Shuffleboard Court
  • Community Playground

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,292

Year Built

Built in 1979

Lot Details

0

HOA Fees

$4 per month

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.89
  • Road Surface Type: Paved
  • Directions: US 27 and Hwy 98. East on Hwy 98 5.2 miles. Turn left onto Spring Lake Blvd. Turn left onto Honeysuckle Dr. Turn left onto Spring Hill Rd. Turn left onto Cherry Tree Dr.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1979
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s), Split Bedrooms
  • Living Area: 2076.0
  • Window Features: Insulated Windows, Blinds

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage, Garage Door Opener

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

  • Community Features: Clubhouse, Playground, Pickleball, Shuffleboard
  • Association Fee: 45.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 39022.0
  • Additional Parcels Description: ,,
  • Parcel #: C-15-35-30-020-00T0-0070
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3292.05
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2023
Closed on
Mar 13, 2023
Sold by
James James J J and James Christine E
Bought by
Loy David
Seller's Agent
Lisa Ann Terrell
INACTIVE
Buyer's Agent
Lisa Ann Terrell
INACTIVE
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$321,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,622
Avg. Annual Appreciation
13.26%
Original Mortgage
$233,100
Outstanding Balance
$225,466
Interest Rate
6.65%
Mortgage Type
VA
Estimated Equity
$96,156

Purchase Details

Closed on
Jul 6, 2021
Sold by
Abel Alexander E and Abel Andrew E
Bought by
James James J J and James Christine E

Purchase Details

Closed on
Jul 26, 2004
Sold by
James James J and James Christine E
Bought by
Abel Alexander E and Abel Andrew E

Purchase Details

Closed on
Apr 5, 2002
Sold by
Finchum Linda Sue
Bought by
James James J and James Christine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,801
Interest Rate
6.8%
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
Loy David $225,000 None Listed On Document
James James J J -- Accommodation
Abel Alexander E $125,000 --
James James J $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loy David $233,100
Previous Owner James James J $46,801
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2023 08/29/23 Sold $329,000 0.0% $158 / Sq Ft
08/02/2023 08/02/23 For Sale $329,000 +46.2% $158 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
03/16/2023 03/16/23 Sold $225,000 0.0% $108 / Sq Ft View Prior Sale
03/14/2023 03/14/23 For Sale $225,000 -- $108 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
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 $4,127 $208,978 $18,500 $190,478
2024 $3,683 $215,796 $18,500 $197,296
2023 $3,683 $169,926 $0 $0
2022 $3,292 $154,478 $14,000 $140,478
2021 $2,672 $128,172 $7,500 $120,672
2020 $2,413 $104,860 $0 $0
2019 $2,247 $88,930 $0 $0
2018 $1,861 $81,094 $0 $0
2017 $1,749 $83,849 $0 $0
2016 $1,556 $56,937 $0 $0
2015 $1,394 $50,607 $0 $0
2014 $1,351 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lisa Ann Terrell

    INACTIVE

    Section Image
  • Edelsa Hernandez

    Buyer's Agent in 2023

    Edelsa Hernandez

    RE/MAX

    (863) 381-5557

    31 in this area

    123 Total Sales

    Edelsa Hernandez
    Section Image
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Map

Source: Heartland Association of REALTORS®

MLS Number: 296876

Heartland Association of REALTORS®

APN: C-15-35-30-020-00T0-0070

Florida Highlands County Sebring 33876 Spring Lake Village

318 Cherry Tree Dr, Sebring, FL

Not Listed for Sale

MultiFamily

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