NOT LISTED FOR SALE

502 Sw Cove Okeechobee, FL 34974

Okeechobee Area

Estimated Value: $114,625 - $163,000

0.25 Acres
$555,252 Price per Acre
3,106 Sq Ft Lot

Sale Details

Date Sold: August 5, 2020

Last sale price $95,000

Est. 46% increase in value since last sale

Current estimated payment $1,087 / mo

170 Days on Market

About This Lot

As of August 2020

5 Star 1st class resort

Last Agent to Sell the Property

Debra Luterman

ANDERSON REALTY License #3083745 Listed on: 02/17/2020

Last Buyer's Agent

Debra Luterman

ANDERSON REALTY License #3083745 Listed on: 02/17/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,200

Lot Details

  • 3,106 Sq Ft Lot
  • Property is zoned PD

HOA Fees

  • $199 Monthly HOA Fees

Utilities

  • Cable TV Available

Community Details

  • Association fees include community pool, internet, ground maintenance, pool maintenance, private road, recreational facilities, sewer, trash, water
  • Phil Dore Association
  • Silver Palms Rv Resort Subdivision

Listing and Financial Details

  • Legal Lot and Block 103 / 60
  • Assessor Parcel Number 1-33-37-35-0040-00000-1030

Property Details

Property Type

Land

Est. Annual Taxes

$1,200

Lot Details

3,106 Sq Ft Lot

HOA Fees

$199 per month

Listing Details

  • HOA Fee Includes: Community Pool, Internet, Maintenance Grounds, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Land
  • Lot Size Sq Ft: 3106
  • Status: Sold
  • Street Direction: SW
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.95095
  • Price per Sq Ft: 30.59
  • Close to Original List Price Ratio: 0.78512
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: No
  • Water View Y N: No
  • Front Footage: 41
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Fire Hydrant, Street Lights
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 199.07
  • Association Fee Frequency: Monthly
  • Association Name: Phil Dore
  • Association: Yes
  • Association Email: Phil.dore@sunlandrvresorts.com
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 2388.84
  • Monthly HOA Fee: 199.07
  • Total Monthly Fees: 199.07

Lot Info

  • Zoning: PD
  • Parcel Number: 1-33-37-35-0040-00000-1030
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 41
  • Flood Zone Code: AE16
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 1200
  • Tax Block: 60
  • Tax Book Number: 8
  • Tax Lot: 103

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2026
Sold by
Bought by
Current Estimated Value
$138,813

Purchase Details

Closed on
May 28, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
0.029%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Feb 17, 2020
Closed on
Aug 26, 2020
Sold by
Bought by
Seller's Agent
Debra Luterman
ANDERSON REALTY
Buyer's Agent
Debra Luterman
ANDERSON REALTY
List Price
$121,000
Sold Price
$95,000
Premium/Discount to List
-$26,000
-21.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%

Purchase Details

Closed on
Apr 18, 2017
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$90,000 Okee Tantie Title
$90,000 Clear Title & Legal Services
$95,000 Attorney
-- Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $70,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/12/2020 10/12/20 Off Market $95,000 -- --
08/05/2020 08/05/20 Sold $95,000 -4.9% --
08/03/2020 08/03/20 Price Changed $99,900 -9.9% --
04/09/2020 04/09/20 Price Changed $110,900 -8.3% --
02/17/2020 02/17/20 For Sale $121,000 -- --
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,808 $128,228 $108,000 $20,228
2024 $1,867 $155,950 $135,000 $20,950
2023 $1,768 $150,894 $135,000 $15,894
2022 $1,332 $85,267 $63,000 $22,267
2021 $1,173 $72,165 $63,000 $9,165
2020 $1,261 $79,165 $70,000 $9,165
2019 $1,176 $73,829 $65,000 $8,829
2018 $1,021 $59,605 $55,000 $4,605
2017 $882 $50,207 $0 $0
2016 $857 $49,707 $0 $0
2015 $935 $52,207 $0 $0
2014 -- $52,207 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Debra Luterman

    ANDERSON REALTY

    (954) 257-8048

    104 Total Sales

    Debra Luterman
    Section Image
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Map

Source: Stellar MLS

MLS Number: OK218955

Stellar MLS

APN: R1-33-37-35-0040-00000-1030

Florida Okeechobee County Okeechobee 34974

502 Sw Cove, Okeechobee, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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