NOT LISTED FOR SALE

4616 Mercado Dr Sebring, FL 33872

Sun N Lake Neighborhood

Estimated Value: $128,000 - $152,000

2 Beds
2 Baths
1,288 Sq Ft
$217/mo HOA Fee

Last Sold December 13, 2018

Last sale price $65,000 $50 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $1,087/month

194 Days on Market

Highlights

  • Golf Course Community
  • Active Adult
  • Furnished
  • Private Pool
  • Clubhouse
  • 4-minute walk to Sun N Lakes Raquet Club

About This Home

As of December 2018

Immaculate 2 Bedroom, 2 Bathroom villa - Fully furnished! This bright and comfortable villa is one of a 10 unit HOA. The lanai is enclosed and air conditioned. The back yard is quiet and features a community swimming pool. The utility room has plenty of storage space. Pet friendly! This is a must see! It is move in ready! The taxes listed are not Homesteaded. Association fees cover fire and hazard insurance on all structures, it also keeps the exterior in good repair including landscaping, pool and common areas with the affordable $217 monthly HOA fee.

Last Agent to Sell the Property

Nancy Newman May PA

ADVANTAGE REALTY #1 License #3406733 Listed on: 04/17/2018

Last Buyer's Agent

Nancy Newman May PA

ADVANTAGE REALTY #1 License #3406733 Listed on: 04/17/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,021

Year Built

  • Built in 1980

Lot Details

  • Fenced
  • Sprinkler System

HOA Fees

  • $217 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,288 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Single Hung Windows
  • Drapes & Rods
  • Blinds

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Rear Porch

Schools

  • Sun N Lake Elementary School
  • Avon Park Middle School
  • Avon Park High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number C-04-34-28-134-0000-1090

Community Details

Overview

  • Active Adult
  • Property Manager

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,021

Year Built

Built in 1980

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size: 0
  • Road Surface Type: Paved
  • Directions: US 27 & Sun N Lake Blvd. Turn west on Sun N Lake Blvd. At the first traffic circle take the 3rd left onto Ponce de Leon, then 1st right on Mercado Drive to property on right.
  • Architectural Style: One Story
  • Entry Level: 1
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1980
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s), Furnished, Cable TV
  • Living Area: 1288.0
  • Window Features: Single Hung, Blinds, Drapes

Exterior Features

  • Pool Features: Community, Pool
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Fence, Sprinkler/Irrigation
  • Patio And Porch Features: Rear Porch, Enclosed
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Two Spaces

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf, Tennis Court(s), Property Manager On-Site, Pool
  • Senior Community: Yes
  • Association Fee: 217.0
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Sun N Lake Elementary
  • High School: Avon Park High
  • Middle Or Junior School: Avon Park Middle

Lot Info

  • Additional Parcels Description: ,,
  • Additional Parcels: No
  • Parcel #: C-04-34-28-134-0000-1090
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1021.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2018
Closed on
Dec 11, 2018
Sold by
Pittao John L and Pittao Joanne A
Bought by
Jack William T and Jack Kathleen J
Seller's Agent
Nancy Newman May PA
ADVANTAGE REALTY #1
Buyer's Agent
Nancy Newman May PA
ADVANTAGE REALTY #1
List Price
$72,900
Sold Price
$65,000
Premium/Discount to List
-$7,900
-10.84%
Current Estimated Value
$141,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,426
Avg. Annual Appreciation
11.57%
Original Mortgage
$52,000
Outstanding Balance
$45,634
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$95,792
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jack William T $65,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jack William T $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2018 12/13/18 Sold $65,000 -10.8% $50 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $72,900 -- $57 / 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 $1,577 $131,753 $10,000 $121,753
2024 $1,430 $116,683 $4,000 $112,683
2023 $1,430 $74,557 $0 $0
2022 $1,255 $73,343 $4,000 $69,343
2021 $1,178 $61,617 $4,000 $57,617
2020 $1,125 $59,938 $0 $0
2019 $1,089 $57,579 $0 $0
2018 $1,088 $56,950 $0 $0
2017 $1,021 $54,449 $0 $0
2016 $957 $47,925 $0 $0
2015 $886 $45,428 $0 $0
2014 $876 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Newman May PA

    Seller's Agent in 2018

    Nancy Newman May PA

    ADVANTAGE REALTY #1

    (863) 852-6687

    46 in this area

    122 Total Sales

    Nancy Newman May PA
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Map

Source: Heartland Association of REALTORS®

MLS Number: 247335

Heartland Association of REALTORS®

APN: C-04-34-28-134-0000-1090

Florida Highlands County Sebring 33872 Sun N Lake

4616 Mercado Dr, Sebring, FL

Not Listed for Sale

Condos

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