NOT LISTED FOR SALE

509 SW 39th Cove Unit 106 Okeechobee, FL 34974

Estimated Value: $117,235 - $126,000

0.07 Acre
$1,737,400 Price per Acre
2,962 Sq Ft Lot

Last Sold June 16, 2021

Last sale price $88,000

Est. 38% increase in value since last sale

Current estimated payment $983/month

359 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Planned Social Activities
  • Fishing
  • Clubhouse
  • Community Pool

About This Lot

As of June 2021

Beautiful 5 star RV Resort. Well maintained with amazing amenities. 5 lakes fully stocked. Minutes to Lake Okeechobee.

Last Agent to Sell the Property

Debra Luterman

ANDERSON REALTY License #3083745 Listed on: 04/14/2020

Last Buyer's Agent

Debra Luterman

ANDERSON REALTY License #3083745 Listed on: 04/14/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,206

Lot Details

  • 2,962 Sq Ft Lot
  • South Facing Home
  • Cleared Lot

HOA Fees

  • $199 Monthly HOA Fees

Schools

  • South Elementary School
  • Yearling Middle School
  • Okeechobee High School

Additional Features

  • Wheelchair Access
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 106 / 106
  • Assessor Parcel Number 1-33-37-35-0040-00000-1060

Community Details

Overview

  • Association fees include community pool, ground maintenance, pool maintenance, recreational facilities, sewer, trash, water
  • Phil Dore Association, Phone Number (760) 914-3248
  • Silver Palms Rv Village Resort Subdivision
  • The community has rules related to allowable golf cart usage in the community

Amenities

  • Clubhouse
  • Planned Social Activities
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Basketball Court
  • Pickleball Courts
  • Recreation Facilities
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,206

Lot Details

0

HOA Fees

$199 per month

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Grounds, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Land
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 2962
  • Directions to Property: 4143 Highway 441 South turn west
  • Status: Sold
  • Street Direction: SW
  • Street Post Direction: S
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.93717
  • Price per Sq Ft: 29.71
  • Close to Original List Price Ratio: 0.89888
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 509

Exterior Features

  • Direction Faces: South
  • Other Structures: Other
  • Road Frontage Type: Other
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Easements: Other
  • Water View Y N: No
  • Front Footage: 40
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: None

Garage/Parking

  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Activity Core/Center, Fishing, Fitness, Gated Community, Golf Carts OK, Pool
  • Association Amenities: Basketball Court, Clubhouse, Fitness Center, Gated, Laundry, Pickleball Court(s), Pool, Recreation Facilities, Shuffleboard Court, Spa/Hot Tub, Storage, Wheelchair Access
  • Association Fee: 199.07
  • Association Fee Frequency: Monthly
  • Association Name: Phil Dore
  • Phone: 760-914-3248
  • Association: Yes
  • Security: Gated Community
  • Association Email: Phil.dore@sunlandrvresorts.com
  • Amenities Additional Fees: Pool side bar and grill
  • Association Fee Requirement: Required

Fee Information

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

Schools

  • Elementary School: South Elementary
  • High School: Okeechobee High School
  • Middle Or Junior School: Yearling Middle School

Lot Info

  • Zoning: RES
  • Parcel Number: 1-33-37-35-0040-00000-1060
  • Additional Parcels: No
  • Current Use: Other, Residential
  • Lot Features: Cleared, Other
  • Lot Dimensions: 40X7t
  • Horse Amenities: None
  • Price Per Acre: 1257143
  • Flood Zone Code: 0
  • Current Adjacent Use: Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Number Limit, Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 1206.44
  • Tax Block: 106
  • Tax Book Number: plat bk 8
  • Tax Lot: 106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2024
Sold by
Farr Dana and Farr Karen
Bought by
Rasmussen Eric W
Current Estimated Value
$121,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Outstanding Balance
$81,231
Interest Rate
5.47%
Mortgage Type
Credit Line Revolving
Estimated Equity
$48,055

Purchase Details

Closed on
Oct 3, 2024
Sold by
Farr Dana and Farr Karen
Bought by
Rasmussen Eric W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Outstanding Balance
$81,231
Interest Rate
5.47%
Mortgage Type
Credit Line Revolving
Estimated Equity
$48,055

Purchase Details

Listed on
Apr 14, 2020
Closed on
Jun 11, 2021
Sold by
Seaman David L and Seaman Constance M
Bought by
Farr Dana and Farr Karen
Seller's Agent
Debra Luterman
ANDERSON REALTY
Buyer's Agent
Debra Luterman
ANDERSON REALTY
List Price
$97,900
Sold Price
$88,000
Premium/Discount to List
-$9,900
-10.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%
Original Mortgage
$61,600
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 22, 2017
Sold by
Silver Palms Rv Resort Estates Llc
Bought by
Seaman David L and Seaman Constance M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,725
Interest Rate
4.08%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Rasmussen Eric W $120,000 Clear Title & Legal Services
Rasmussen Eric W $100 Clear Title & Legal Services
Farr Dana $88,000 None Listed On Document
Seaman David L $69,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasmussen Eric W $84,000
Previous Owner Farr Dana $61,600
Previous Owner Seaman David L $51,725
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $88,000 -6.3% --
04/07/2021 04/07/21 Pending -- -- --
02/10/2021 02/10/21 Price Changed $93,900 -6.0% --
11/02/2020 11/02/20 Price Changed $99,900 +2.0% --
04/13/2020 04/13/20 For Sale $97,900 -- --
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
2024 $1,691 $145,502 $135,000 $10,502
2023 $1,615 $142,966 $135,000 $7,966
2022 $1,167 $73,544 $63,000 $10,544
2021 $1,121 $68,584 $63,000 $5,584
2020 $1,206 $75,584 $70,000 $5,584
2019 $1,124 $70,273 $65,000 $5,273
2018 $1,031 $60,273 $55,000 $5,273
2017 $927 $53,173 $0 $0
2016 $904 $52,673 $0 $0
2015 $908 $50,574 $0 $0
2014 -- $50,574 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OK219118

Stellar MLS

APN: R1-33-37-35-0040-00000-1060