NOT LISTED FOR SALE

5002 SE 42 Trace Okeechobee, FL 34974

Estimated Value: $224,565 - $278,000

2 Beds
2 Baths
1,112 Sq Ft
$223/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $180,000 $162 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,416/month

110 Days on Market

Highlights

  • RV or Boat Parking
  • Community Pool
  • Breakfast Area or Nook
  • Clubhouse
  • Tennis Courts
  • Utility Room in Garage

About This Home

As of November 2021

Kings Bay Beauty- 2002 CBS 2/2 w/1 car garage- Open Floorplan, Living room/ Dining room combination with Cathedral ceiling, Fully equipped Kitchen, Breakfast bar, Spacious Master Bedroom, walk in closets, Ceiling fans through out, Central Heat & Air with Humidistat for humidity control, Water Softener system, Covered Front Porch, Double driveway, with additional boat/RV Parking, Hurricane shutters, This Beautiful home is move in Ready. Easy Commute to Coast, Community features include Pool, Shuffleboard & Tennis Court. Low HOA fee

Last Agent to Sell the Property

Karen Millette

MMLS Assoc.-Inactive Member License #3084722 Listed on: 06/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,913

Year Built

  • Built in 2002

Lot Details

  • Northeast Facing Home

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Guest Parking
  • Open Parking
  • RV or Boat Parking

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,112 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Vertical Blinds
  • Combination Dining and Living Room
  • Utility Room in Garage
  • Complete Panel Shutters or Awnings

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Electric Range
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 1-31-37-36-0020-0005A-0020

Community Details

Overview

  • Kings Bay Subdivision
  • Mandatory home owners association
  • Maintained Community
  • The community has rules related to no trucks or trailers

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,913

Year Built

Built in 2002

Lot Details

0

HOA Fees

$65 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Directions: From HWY 710 west left on 86th Ave, right on 441/98 to right on 50th Ave, Kings Bay Entrance, right on 42 trace property is second house on right From Hwy 70, Left on Hwy 441/98 to 50th Ave, left at Kings Bay Entrance, 4th rt on 42nd Trace ,on rt
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: KINGS BAY
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Electric Range, Refrigerator, Self Cleaning Oven, Washer, Water Softener Owned
  • Interior Amenities: First Floor Entry, Walk-In Closet(s), Utility/Laundry In Garage
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Vinyl
  • Furnished: Unfurnished
  • Living Area: 1112
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Complete Panel Shutters/Awnings, Hurricane Shutters, Verticals
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Utility/Laundry In Garage
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • Roof: Shingle
  • View: None
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Screened Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: KINGS BAY
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway, Guest, Other, Rv/Boat Parking, No Trucks/Trailers

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Humidity Control
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: In Garage

Condo/Co-op/Association

  • Association Fee: 65
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Clubhouse, Pool, Tennis Court(s), Maintained Community, Mandatory Hoa, Paved Road, Picnic Area, Public Road, Shuffle Board, Sidewalks
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 1-31-37-36-0020-0005A-0020
  • Zoning: Res
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1913

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2023
Sold by
Forrest Rodney Bennett and Forrest Maria Esther
Bought by
Forrest Laura Maria and Barcia Michael Shayne
Current Estimated Value
$248,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,650
Outstanding Balance
$219,898
Interest Rate
6.42%
Mortgage Type
VA
Estimated Equity
$28,493

Purchase Details

Listed on
Jun 16, 2021
Closed on
Nov 9, 2021
Sold by
Shifflett Audrey L and Mongold Audrey L
Bought by
Machado Julio Cesar Garcia
Seller's Agent
Karen Millette
MMLS Assoc.-Inactive Member
List Price
$186,500
Sold Price
$180,000
Premium/Discount to List
-$6,500
-3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$171,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2005
Sold by
Hoffman Doris
Bought by
Shifflett Wayne G and Mongold Audrey L

Purchase Details

Closed on
Oct 5, 2005
Sold by
Colledge Deborah
Bought by
Hoffman Doris

Purchase Details

Closed on
Jul 20, 2005
Sold by
Hoffman Doris
Bought by
Colledge Deborah

Purchase Details

Closed on
Jun 20, 2001
Sold by
Vest Richard R and Vest Richard D
Bought by
Hoffman Doris
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 Buyer Sale Price Title Company
Forrest Laura Maria $100 Okee Tantie Title
Forrest Rodney Bennett $235,000 Okee Tantie Title
Machado Julio Cesar Garcia $180,000 Attorney
Shifflett Wayne G $152,500 Okee Tantie Title Co Inc
Hoffman Doris -- --
Colledge Deborah -- --
Hoffman Doris $2,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forrest Rodney Bennett $226,650
Closed Forrest Rodney Bennett $11,333
Previous Owner Machado Julio Cesar Garcia $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2021 11/08/21 Sold $180,000 -2.7% $162 / Sq Ft
10/03/2021 10/03/21 Pending -- -- --
09/20/2021 09/20/21 Price Changed $184,900 -0.9% $166 / Sq Ft
06/15/2021 06/15/21 For Sale $186,500 -- $168 / Sq Ft
Source: MIAMI REALTORS® 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 $719 $187,712 $16,000 $171,712
2024 $684 $189,543 $16,000 $173,543
2023 $1,020 $54,609 $0 $0
2022 $905 $53,018 $0 $0
2021 $2,014 $112,175 $5,200 $106,975
2020 $1,913 $107,428 $6,500 $100,928
2019 $1,787 $100,055 $5,800 $94,255
2018 $1,687 $89,995 $4,750 $85,245
2017 $1,551 $80,519 $0 $0
2016 $1,454 $69,042 $0 $0
2015 $1,426 $66,036 $0 $0
2014 -- $53,324 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Karen Millette

    MMLS Assoc.-Inactive Member

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11058167

MIAMI REALTORS® MLS

APN: R1-31-37-36-0020-0005A-0020

Florida Okeechobee County Okeechobee 34974

5002 SE 42 Trace, Okeechobee, FL

Not Listed for Sale

Detached

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