NOT LISTED FOR SALE

5009 SE 42nd Trace Okeechobee, FL 34974

Estimated Value: $205,325 - $254,000

2 Beds
2 Baths
900 Sq Ft
$254/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $210,000 $233 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,307/month

4 Days on Market

Highlights

  • Outdoor Storage
  • South Facing Home
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of May 2022

KINGS BAY -2bd/ 2b/ 1 car garage You will feel at home immediately in a character-filled interior which is wonderfully bright and enjoys a screened in porch. Create memorable meals in this charming recently updated kitchen, that boasts butcherblock countertops and refurbished cabinets. See for yourself what this home has to offer. We love this home. You will too. Call today.

Last Agent to Sell the Property

Erica Harvey

LPT REALTY, LLC License #3400923 Listed on: 03/28/2022

LPT REALTY, LLC

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,603

Year Built

  • Built in 1985

Lot Details

  • 5,097 Sq Ft Lot
  • South Facing Home

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Kitchen

  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Kings Bay Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,603

Year Built

Built in 1985

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 900
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 1303
  • Lot Size Sq Ft: 5097
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OK221194?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OK221194?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.05528
  • Price per Sq Ft: 233.33
  • Close to Original List Price Ratio: 1.05528
  • Ratio: Current Price\Building Area Total: 161.17
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ninguno
  • Appliances Included: Dishwasher, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Room Count: 3

Exterior Features

  • Direction Faces: South
  • Exterior Features: Other, Storage
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 65
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 780
  • Monthly HOA Fee: 65
  • Total Monthly Fees: 65

Lot Info

  • Zoning: SINGLE
  • Parcel Number: R1-31-37-36-0020-0005B-0050
  • Additional Parcels: No
  • Flood Zone Code: x

Tax Info

  • Tax Annual Amount: 1602.51
  • Tax Block: 5B
  • Tax Book Number: 5-97
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
May 2, 2022
Sold by
Maverick Re Company Llc
Bought by
Grundborg Donald
Seller's Agent
Erica Harvey
LPT REALTY, LLC
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$199,000
Sold Price
$210,000
Premium/Discount to List
$11,000
5.53%
Current Estimated Value
$228,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,331
Avg. Annual Appreciation
2.31%
Original Mortgage
$168,000
Outstanding Balance
$158,910
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$69,421

Purchase Details

Listed on
Jan 21, 2022
Closed on
Mar 4, 2022
Sold by
Maverick Real Estate Company Llc
Bought by
Maverick Re Company Llc
Seller's Agent
Lori Mixon
MIXON REAL ESTATE GROUP
Buyer's Agent
Erica Harvey
LPT REALTY, LLC
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Outstanding Balance
$158,910
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$69,421

Purchase Details

Closed on
Dec 16, 1997
Sold by
Turnbull Richard E and Turnbull Nancy Anne
Bought by
Ratliff Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,900
Interest Rate
7.26%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Grundborg Donald $210,000 New Title Company Name
Maverick Re Company Llc -- Fee Yates & Fee Pllc
Maverick Real Estate Company Llc $110,000 Fee And Fee Pllc
Ratliff Michael R $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grundborg Donald $168,000
Previous Owner Maverick Real Estate Company Llc $130,000
Previous Owner Ratliff Michael R $36,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2022 05/06/22 Sold $210,000 +5.5% $233 / Sq Ft
04/02/2022 04/02/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $199,000 +80.9% $221 / Sq Ft
03/06/2022 03/06/22 Sold $110,000 -4.3% $133 / Sq Ft View Prior Sale
01/25/2022 01/25/22 Pending -- -- --
01/15/2022 01/15/22 For Sale $115,000 -- $139 / 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 $719 $134,680 $16,000 $118,680
2024 $684 $135,943 $16,000 $119,943
2023 $2,565 $137,781 $9,000 $128,781
2022 $1,895 $114,249 $6,250 $107,999
2021 $1,603 $79,790 $5,200 $74,590
2020 $1,587 $86,616 $6,500 $80,116
2019 $1,468 $78,159 $5,800 $72,359
2018 $1,383 $68,934 $4,750 $64,184
2017 $1,279 $62,355 $0 $0
2016 $1,206 $53,630 $0 $0
2015 $1,181 $50,833 $0 $0
2014 -- $40,012 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Erica Harvey

    Seller's Agent in 2022

    Erica Harvey

    LPT REALTY, LLC

    (863) 610-1490

    46 in this area

    68 Total Sales

    Erica Harvey
    Section Image
  • Lori Mixon

    Seller's Agent in 2022

    Lori Mixon

    MIXON REAL ESTATE GROUP

    (863) 634-1457

    274 in this area

    346 Total Sales

    Lori Mixon
    Section Image
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Map

Source: Stellar MLS

MLS Number: OK221194

Stellar MLS

APN: R1-31-37-36-0020-0005B-0050

Florida Okeechobee County Okeechobee 34974

5009 SE 42nd Trace, Okeechobee, FL

Not Listed for Sale

Detached

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