NOT LISTED FOR SALE

425 Cherry Tree Dr Sebring, FL 33876

Spring Lake Village Neighborhood

Estimated Value: $196,000 - $245,000

2 Beds
2.5 Baths
1,540 Sq Ft
$145/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $166,635 $108 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,366/month

28 Days on Market

Highlights

  • Front Porch
  • Central Heating and Cooling System
  • 1-Story Property
  • Vinyl Plank Flooring
  • 2 Car Garage

About This Home

As of February 2023

Located in Sebring, Florida, in the established neighborhood of Spring Lake, is where you will find your new home. This two-bedroom, two-and-a-half-bathroom home has a well-thought-out floor plan with a galley-style kitchen that features a breakfast nook, a formal dining space, and a spacious living room. Both bedrooms have ample closet space, and the primary bedroom has a private bathroom with a walk-in shower. The bonus features of this home include an inside laundry room with a half bathroom, an oversize two-car garage, and half acre lot. With some work, this can be a new home again, don’t delay. See this property today!

Last Agent to Sell the Property

Lazaro Martinez

Hammock Realty License #3154284 Listed on: 12/19/2022

Last Buyer's Agent

Josh Rodriguez

Home Town Realty Pros License #3404738

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $910

Year Built

  • Built in 1980

Lot Details

  • 0.6 Acre Lot
  • Zoning described as R1

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Single Hung Windows

Flooring

  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Front Porch

Utilities

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

Community Details

  • Spring Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number C-15-35-30-020-00D0-0080

Home Details

Home Type

Single Family

Est. Annual Taxes

$910

Year Built

Built in 1980

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.601
  • Road Surface Type: Paved
  • Subdivision Name: Spring Lake
  • Directions: FROM HWY 27N TO EAST ON HWY 98 TO LEFT ON SPRING LAKE BLVD TO LEFT ON HONEY SUCKLE TO LEFT ON SPRING HILL RD TO RIGHT ON CHERRY TREE DR TO PROPERTY ON THE RIGHT
  • Architectural Style: Ranch, One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1980
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 5188
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Plank, Vinyl
  • Living Area: 1540.0
  • Window Features: Single Hung

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

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

  • Association Fee: 45.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 26179.0
  • Additional Parcels Description: ,,
  • Parcel #: C-15-35-30-020-00D0-0080
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 910.26
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2022
Closed on
Feb 7, 2023
Sold by
Mortgage Equity Conversion Asset Trust
Bought by
Michaelson Myrthil and Michaelson Cecilia Myrthil
Seller's Agent
Lazaro Martinez
Hammock Realty
Buyer's Agent
Josh Rodriguez
Home Town Realty Pros
List Price
$175,000
Sold Price
$166,635
Premium/Discount to List
-$8,365
-4.78%
Views
224
Current Estimated Value
$223,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,877
Avg. Annual Appreciation
10.73%

Purchase Details

Listed on
Dec 19, 2022
Closed on
Dec 15, 2022
Sold by
Bank/Ny Mellon Trust Co Na and Mtg Assets Mgmt Series I Trust
Bought by
Mtg Eqity Conversion Asset Tr and Us Bank National Association
Seller's Agent
Lazaro Martinez
Hammock Realty
Buyer's Agent
Josh Rodriguez
Home Town Realty Pros
List Price
$175,000
Sold Price
$166,635
Premium/Discount to List
-$8,365
-4.78%
Views
224

Purchase Details

Closed on
Nov 1, 2022
Sold by
Kelsey Tippie Ohara
Bought by
Mortgage Assets Management Series I Trust
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
Michaelson Myrthil $166,635 Title365
Myrthil Michaelson $166,635 Title365
Mtg Eqity Conversion Asset Tr $100 Title365
Mtg Eqity Conversion Asset Tr $100 Title365
Mortgage Assets Management Series I Trust $133,100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2023 02/10/23 Sold $166,635 -4.8% $108 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
12/19/2022 12/19/22 For Sale $175,000 -- $114 / Sq Ft
Source: Heartland Association of REALTORS®

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 $2,288 $164,578 -- --
2024 $3,192 $159,940 -- --
2023 $3,192 $188,288 $16,500 $171,788
2022 $2,764 $154,073 $14,000 $140,073
2021 $910 $61,270 $0 $0
2020 $873 $60,424 $0 $0
2019 $0 $56,229 $0 $0
2018 $838 $55,181 $0 $0
2017 $761 $54,046 $0 $0
2016 $781 $52,934 $0 $0
2015 -- $52,566 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lazaro Martinez

    Seller's Agent in 2023

    Lazaro Martinez

    Hammock Realty

    (863) 458-0532

    21 in this area

    359 Total Sales

    Lazaro Martinez
    Section Image
  • Josh Rodriguez

    Buyer's Agent in 2023

    Josh Rodriguez

    Home Town Realty Pros

    (863) 381-8145

    13 in this area

    128 Total Sales

    Josh Rodriguez
    Section Image
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Map

Source: Heartland Association of REALTORS®

MLS Number: 291903

Heartland Association of REALTORS®

APN: C-15-35-30-020-00D0-0080

Florida Highlands County Sebring 33876 Spring Lake Village

425 Cherry Tree Dr, Sebring, FL

Not Listed for Sale

Detached

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