$180,000
SOLD MAR 1, 2023

3511 SE 28th St Okeechobee, FL 34974

2 Beds
1 Bath
1,120 Sq Ft
10,875 Sq Ft Lot

Recently Sold

$161 Per Sq Ft

18% Below List Price

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
$221,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,463
Avg. Annual Appreciation
8.82%
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
15.83%

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $180,000 Okee Tantie Title
Warranty Deed $90,000 Lake Okeechobee Title Inc
Warranty Deed $65,000 Lake Okeechobee Title Inc
Warranty Deed $40,000 Lake Okeechobee Title Inc
Interfamily Deed Transfer -- Attorney
Deed $100 --
Warranty Deed $44,000 Lake Okeechobee Title Inc
Warranty Deed $41,000 Okee Tantie Title Co Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $176,739 FHA
Previous Owner $142,500 Future Advance Clause Open End Mortgage
Previous Owner $101,462 Commercial
Previous Owner $65,000 Seller Take Back
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