NOT LISTED FOR SALE

501 NE 4th Ave Okeechobee, FL 34972

Estimated Value: $273,000 - $395,000

4 Beds
2.5 Baths
2,014 Sq Ft
$166/Sq Ft Est. Value

Last Sold February 16, 2022

Last sale price $275,000 $137 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,150/month

87 Days on Market

Highlights

  • 0.48 Acre Lot
  • Breakfast Area or Nook
  • Central Heating and Cooling System
  • No HOA
  • Ceramic Tile Flooring
  • Combination Dining and Living Room

About This Home

As of February 2022

Come see this charming, rare 4-bedroom home on a huge corner lot right in the heart of Okeechobee. New stainless appliances, new laminate flooring throughout living area and all 4 bedrooms, 2 1/2 bathrooms are completely redone, updated kitchen with butcher block island, large laundry room, newly painted inside and out with a 2 car garage. Water heater is 2018, a/c is 2015, the roof is a 2015-2016 commercial TPO (thermo plastic polyolefin) roof, septic tank recently pumped, a/c serviced, and auto garage door serviced. THIS HOUSE IS READY TO SELL! Raise your family here or use it as a fishing get away at Lake Okeechobee. I have an AirBNB company who wants to add this home their fishing destinations. HOUSE HAS BEEN COMPLETELY UPDATED from floors, lighting, and appliances. Don't miss this great opportunity. The backyard is private and completely fenced with a wooden deck. If you are looking for plenty of space and being only minutes from town, this would make the perfect home for you!

Last Agent to Sell the Property

Kelly Guttveg

Fulton Grace Realty License #3357835 Listed on: 10/22/2021

Fulton Grace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,864

Year Built

  • Built in 1960

Lot Details

  • 0.48 Acre Lot
  • Fenced

Parking

  • 2 Parking Spaces

Home Design

  • Flat Tile Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,014 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Ice Maker

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Stacked Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,864

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Directions: SR 710, left on NE Park Street, right on 4th, property on the right.
  • Lot Size Acres: 0.482
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Okeechobee
  • Year Built: 1960
  • Ownership: Fee Simple
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Range, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile, Laminate
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Breakfast Area, Eat-in Kitchen, Living/Dining Room, Split Bedrooms, Stacked Bedrooms
  • Living Area: 2014.0
  • Stories: 1

Exterior Features

  • Construction Type: Block, Concrete
  • Disclosures: None
  • Pool Private: No
  • Roof: Flat Tile, Other
  • Waterfront: No

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: 3 Phase
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fenced
  • Sewer: Public Sewer, Septic Tank
  • Utilities: Electricity Connected, Sewer Connected, Water Available

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1864.0
  • Tax Year: 2020

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Feb 15, 2022
Sold by
Skyline Renovations Services Llc
Bought by
Sattely John and Galassi Courtney
Seller's Agent
Kelly Guttveg
Fulton Grace Realty
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%
Current Estimated Value
$334,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,391
Avg. Annual Appreciation
5.17%
Original Mortgage
$265,109
Outstanding Balance
$245,233
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$89,158

Purchase Details

Closed on
Jan 28, 2021
Sold by
Re Property Holdings Llc
Bought by
Skyline Renovation Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,743
Interest Rate
2.67%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 15, 2015
Closed on
Oct 8, 2015
Sold by
Weltz Willie Ruth
Bought by
Price Michael E and Curry Crystal A
Seller's Agent
Lori Mixon
MIXON REAL ESTATE GROUP
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.96%

Purchase Details

Closed on
Nov 9, 1999
Sold by
Weltz Willie Ruth
Bought by
Weltz Willie Ruth and Dean Carolyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.76%

Purchase Details

Closed on
Nov 5, 1999
Sold by
Seebach Sandra Lee and Seebach Albert Lee
Bought by
Weltz Willie Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.76%
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
Sattely John $275,000 None Listed On Document
Skyline Renovation Services Llc $115,000 Giannell Title Llc
Re Property Holdings Llc $100,000 Giannell Title Llc
Price Michael E $105,000 Attorney
Weltz Willie Ruth -- --
Weltz Willie Ruth $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sattely John $265,109
Previous Owner Skyline Renovation Services Llc $74,743
Previous Owner Weltz Willie Ruth $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2022 02/16/22 Sold $275,000 -8.3% $137 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
10/22/2021 10/22/21 For Sale $299,900 +185.6% $149 / Sq Ft
10/09/2015 10/09/15 Sold $105,000 -8.7% $52 / Sq Ft View Prior Sale
09/29/2015 09/29/15 Pending -- -- --
07/15/2015 07/15/15 For Sale $115,000 -- $57 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

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 $4,827 $258,995 -- --
2024 $4,724 $251,696 $37,500 $214,196
2023 $4,856 $256,270 $36,000 $220,270
2022 $4,738 $203,763 $25,500 $178,263
2021 $2,017 $105,031 $0 $0
2020 $1,864 $94,766 $0 $0
2019 $1,772 $93,736 $0 $0
2018 $1,662 $82,919 $0 $0
2017 $1,097 $77,717 $0 $0
2016 $1,078 $76,119 $0 $0
2015 $606 $64,735 $0 $0
2014 -- $64,221 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20031595

Martin County REALTORS® of the Treasure Coast

APN: R3-15-37-35-0010-00880-0100