NOT LISTED FOR SALE

3511 SE 28th St Okeechobee, FL 34974

Estimated Value: $184,000 - $230,000

2 Beds
1 Bath
1,120 Sq Ft
$189/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $180,000 $161 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,354/month

68 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Vinyl Flooring
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of March 2023

75 feet of Waterfront, Lake Okeechobee & ocean access, with separate boat house & slip. Live here or use for possible income. Kitchen features White Shaker cabinetry, Quartz countertops, Full Height Subway tile backsplash and Stainless Steel appliances. New Front glass door adds additional lighting throughout. Recently painted on the interior/exterior. Partial Impact Glass. Tenant on month to month lease at $1,500/month willing to renew year lease. Needs new roof, boat house in need of repairs. Put some work into this property and have equity. Nothing like it on the market. Price reflects repairs.

Last Agent to Sell the Property

Tiffany Graves

Southern Key Realty License #3535276 Listed on: 11/03/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,665

Year Built

  • Built in 1982

Lot Details

  • 10,875 Sq Ft Lot
  • 75 Feet of Waterfront
  • Home fronts navigable water

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • Treasure Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12537350070000602370

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,665

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: FROM 70 W-Continue on NE 34th Ave. Take FL-710 E and SE 40th Ave to SE 28th St in Taylor Creek
  • Year Built: 1982
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Vinyl
  • Living Area: 1120.0
  • Stories: 1

Exterior Features

  • Road Frontage Type: Waterfront
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: Navigable Water
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12537350070000602370
  • Lot Size: 75.0 ft x 145.0 ft
  • Lot Size Sq Ft: 10875.0
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1665.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Feb 22, 2023
Sold by
Ridgefield Haus Llc
Bought by
Rock Kevin
Seller's Agent
Tiffany Graves
Southern Key Realty
List Price
$220,000
Sold Price
$180,000
Premium/Discount to List
-$40,000
-18.18%
Views
120
Current Estimated Value
$211,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,906
Avg. Annual Appreciation
8.28%
Original Mortgage
$176,739
Outstanding Balance
$172,192
Interest Rate
6.15%
Mortgage Type
FHA
Estimated Equity
$48,658

Purchase Details

Listed on
Oct 12, 2020
Closed on
Nov 12, 2020
Sold by
Wagner Robert and Wagner Sindee
Bought by
Ridgefield Haus Llc
Seller's Agent
Elvie Posey
COLDWELL BANKER/BERGER REAL ES
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$101,500
Sold Price
$90,000
Premium/Discount to List
-$11,500
-11.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.17%

Purchase Details

Closed on
Apr 14, 2017
Sold by
Pettengill Richard and Smith Claude
Bought by
Wagner Robert and Wagner Sindee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 18, 2016
Sold by
Korpi Linda E
Bought by
Pettengill Richard and Smith Claude

Purchase Details

Closed on
May 24, 2016
Sold by
Korpi William Matthew
Bought by
Korpi Linda E

Purchase Details

Closed on
May 1, 2016
Bought by
Wagner Robert and Wagner Sindee

Purchase Details

Listed on
Feb 24, 2014
Closed on
Aug 4, 2014
Sold by
Patton David W and Patton Vicki L
Bought by
Korpi William Matthew
Seller's Agent
Betty Hazellief
List Price
$49,500
Sold Price
$44,000
Premium/Discount to List
-$5,500
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.60%

Purchase Details

Closed on
Jun 8, 2012
Sold by
Newton Clara L and Newton Floyd Ander
Bought by
Patton David W and Patton Vicki L
Source: Public Records

Range of Values:

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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
Rock Kevin $180,000 Okee Tantie Title
Ridgefield Haus Llc $90,000 Lake Okeechobee Title Inc
Wagner Robert $65,000 Lake Okeechobee Title Inc
Pettengill Richard $40,000 Lake Okeechobee Title Inc
Korpi Linda E -- Attorney
Wagner Robert $100 --
Korpi William Matthew $44,000 Lake Okeechobee Title Inc
Patton David W $41,000 Okee Tantie Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rock Kevin $176,739
Previous Owner Wagner Robert $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $180,000 -2.7% $161 / Sq Ft
01/11/2023 01/11/23 Pending -- -- --
12/13/2022 12/13/22 Price Changed $184,900 -7.5% $165 / Sq Ft
11/12/2022 11/12/22 Price Changed $199,900 -9.1% $178 / Sq Ft
11/03/2022 11/03/22 For Sale $220,000 +144.4% $196 / Sq Ft
11/12/2020 11/12/20 Sold $90,000 -11.3% $107 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $101,500 +130.7% $121 / Sq Ft
08/12/2014 08/12/14 Sold $44,000 -11.1% $52 / Sq Ft
07/17/2014 07/17/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $49,500 -- $59 / Sq Ft
Source: BeachesMLS

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
2024 $2,814 $154,988 $55,000 $99,988
2023 $2,285 $133,738 $34,000 $99,738
2022 $2,041 $122,380 $34,000 $88,380
2021 $1,665 $83,322 $22,000 $61,322
2020 $942 $71,583 $0 $0
2019 $914 $69,974 $0 $0
2018 $919 $68,669 $17,000 $51,669
2017 $1,267 $56,673 $0 $0
2016 $773 $48,435 $0 $0
2015 $785 $48,098 $0 $0
2014 -- $43,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10843346

BeachesMLS

APN: R1-25-37-35-0070-00060-2370