NOT LISTED FOR SALE

488 SE 37th Terrace Okeechobee, FL 34974

Estimated Value: $327,478 - $501,000

4 Beds
2.5 Baths
2,894 Sq Ft
$137/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $329,000 $114 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,425/month

9 Days on Market

Highlights

  • High Ceiling
  • No HOA
  • Hurricane or Storm Shutters
  • Solid Surface Countertops
  • Family Room Off Kitchen
  • Shutters

About This Home

As of August 2021

Exquisite home located on the desirable east side of Okeechobee! This 4 bed 2.5 bath 2 car garage home has a total of 3,680 sq. ft and close to 2900 sq ft of living area, nicely updated kitchen with tile flooring, granite countertops, two pantries, solid wood cabinets, and stainless steel appliances. Vinyl laminate wood flooring, this flooring is very durable. Large playroom. The master bedroom and bath are oversized with his and her walk in closets. The remaining 3 bedrooms are all oversized. Office space upstairs. Inside laundry and plenty of storage. Sit out back in your screened porch and watch the kids play in the yard! This nicely landscaped home is a must see and ready for your large family.

Last Agent to Sell the Property

Jerri Lynn Hill

TUCKER GROUP LLC License #688627 Listed on: 06/15/2021

Last Buyer's Agent

Jerri Lynn Hill

TUCKER GROUP LLC License #688627 Listed on: 06/15/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,679

Year Built

  • Built in 2008

Lot Details

  • 8,015 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,894 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Shutters
  • Family Room Off Kitchen
  • Hurricane or Storm Shutters
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Screened Patio
  • Exterior Lighting
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Conners Gables Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,679

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 2894
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 2008
  • Lot Size Sq Ft: 8015
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OK220298?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OK220298?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 113.68
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Dormitorio Principal Arriba, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Shutters
  • Room Count: 7
  • Additional Rooms: Family Room

Exterior Features

  • Direction Faces: West
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12093C0485C

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RSF
  • Parcel Number: R1-24-37-35-0010-00200-0140
  • Additional Parcels: No
  • Fencing: Wood
  • Flood Zone Code: X
  • Flood Zone Date: 2015-07-16

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1679
  • Tax Block: 20
  • Tax Book Number: 3-15
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Aug 23, 2021
Sold by
Hord Morgan D and Medrano Mariano
Bought by
Welborn Timothy S and Welborn Tina M
Seller's Agent
Jerri Lynn Hill
TUCKER GROUP LLC
Buyer's Agent
Jerri Lynn Hill
TUCKER GROUP LLC
List Price
$329,000
Sold Price
$329,000
Current Estimated Value
$395,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,620
Avg. Annual Appreciation
4.30%
Original Mortgage
$332,323
Outstanding Balance
$301,068
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$94,552

Purchase Details

Listed on
Apr 22, 2013
Closed on
Aug 9, 2013
Sold by
Secretary Of Veterans Affairs
Bought by
Hord Morgan D
Seller's Agent
Craig Wallengren
HW Real Estate Inc
Buyer's Agent
Craig Wallengren
HW Real Estate Inc
List Price
$132,500
Sold Price
$127,000
Premium/Discount to List
-$5,500
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.67%
Original Mortgage
$114,300
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2013
Closed on
Jul 26, 2013
Sold by
Bank Of America Na
Bought by
Secretary Of Veterans Affairs
Seller's Agent
Craig Wallengren
HW Real Estate Inc
Buyer's Agent
Craig Wallengren
HW Real Estate Inc
List Price
$132,500
Sold Price
$127,000
Premium/Discount to List
-$5,500
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,300
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2013
Sold by
Hernandez Antonio and Consolidated Charter Corporati
Bought by
Bank Of America Na

Purchase Details

Closed on
May 28, 2009
Sold by
Maronda Homes Inc Of Florida
Bought by
Hernandez Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,900
Interest Rate
4.8%
Mortgage Type
VA
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
Welborn Timothy S $329,000 Attorney
Hord Morgan D $127,000 First Intl Title Inc
Secretary Of Veterans Affairs -- Attorney
Bank Of America Na $41,000 None Available
Hernandez Antonio $169,900 Steel City Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welborn Timothy S $332,323
Previous Owner Hord Morgan D $114,300
Previous Owner Hernandez Antonio $169,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2021 08/23/21 Sold $329,000 0.0% $114 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $329,000 +159.1% $114 / Sq Ft
09/03/2013 09/03/13 Sold $127,000 -4.2% $44 / Sq Ft View Prior Sale
08/04/2013 08/04/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $132,500 -- $46 / Sq Ft
Source: Stellar MLS

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 $4,309 $302,677 -- --
2024 $4,176 $294,147 $24,188 $269,959
2023 $4,153 $292,534 $22,575 $269,959
2022 $3,970 $245,409 $13,868 $231,541
2021 $1,698 $125,460 $0 $0
2020 $1,679 $123,728 $0 $0
2019 $1,629 $120,946 $0 $0
2018 $1,625 $118,691 $0 $0
2017 $1,578 $116,250 $0 $0
2016 $1,580 $113,859 $0 $0
2015 $1,621 $113,068 $0 $0
2014 -- $112,171 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jerri Lynn Hill

    Seller's Agent in 2021

    Jerri Lynn Hill

    TUCKER GROUP LLC

    (863) 634-6796

    74 in this area

    121 Total Sales

    Jerri Lynn Hill
    Section Image

  • C

    Seller's Agent in 2013

    Craig Wallengren

    HW Real Estate Inc

    (772) 370-7593

    2 in this area

    36 Total Sales

    Craig Wallengren
    Section Image
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Map

Source: Stellar MLS

MLS Number: OK220298

Stellar MLS

APN: R1-24-37-35-0010-00200-0140

Florida Okeechobee County Okeechobee 34974

488 SE 37th Terrace, Okeechobee, FL

Not Listed for Sale

Detached

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