NOT LISTED FOR SALE

5248 SE 42nd Trace Okeechobee, FL 34974

Estimated Value: $230,000 - $281,000

3 Beds
2 Baths
1,194 Sq Ft
$217/Sq Ft Est. Value

Last Sold January 17, 2018

Last sale price $113,000 $95 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,696/month

130 Days on Market

Highlights

  • Clubhouse
  • Tennis Courts
  • Central Heating and Cooling System
  • Community Pool
  • Tile Flooring

About This Home

As of January 2018

This three bedroom, two bath home is nestled quietly at the end of a cul-de-sac. This is an easy keeper and turn-key ready! Home is located in Kings Bay with a neighborhood pool, clubhouse, and tennis courts. Home is currently being used as a rental property with $900 a month being collected from the tenant. Call for an easy showing!!

Last Agent to Sell the Property

John Rickards

RED GATOR REAL ESTATE License #3382688 Listed on: 06/03/2017

Last Buyer's Agent

Katie Mcfarland

MCFARLAND REAL ESTATE CO License #3304472

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 5,227

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 1,194 Sq Ft Home
  • Tile Flooring

Kitchen

  • Cooktop with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 5,227 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1-31-37-36-0010-00050-0160

Community Details

Overview

  • Kings Bay Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete
  • Living Area: 1194
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 1390
  • Status: Sold
  • Street Direction: SE
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.94958
  • Price per Sq Ft: 94.64
  • Close to Original List Price Ratio: 0.94958
  • Ratio: Current Price\Building Area Total: 81.29
  • View: No
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Appliances Included: Cooktop, Dishwasher, Microwave Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No

Garage/Parking

  • Parking Features: Driveway
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Association Amenities: Clubhouse, Pool, Shuffleboard Court, Tennis Court(s)
  • Association Fee: 55
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Total Annual Fees: 660
  • Total Monthly Fees: 55

Lot Info

  • Parcel Number: 1-31-37-36-0010-00050-0160
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2017
Closed on
Jan 17, 2018
Sold by
Memon Tariq
Bought by
Moreno Sharon L
Seller's Agent
John Rickards
RED GATOR REAL ESTATE
Buyer's Agent
Katie Mcfarland
MCFARLAND REAL ESTATE CO
List Price
$119,000
Sold Price
$113,000
Premium/Discount to List
-$6,000
-5.04%
Current Estimated Value
$258,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,619
Avg. Annual Appreciation
10.89%
Original Mortgage
$108,007
Outstanding Balance
$91,719
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$166,900

Purchase Details

Listed on
Jun 3, 2017
Closed on
Jan 16, 2018
Sold by
Memon Tariq
Bought by
Moreno Sharon L
Seller's Agent
John Rickards
RED GATOR REAL ESTATE
Buyer's Agent
Katie Mcfarland
MCFARLAND REAL ESTATE CO
List Price
$119,000
Sold Price
$113,000
Premium/Discount to List
-$6,000
-5.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,007
Outstanding Balance
$91,719
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$166,900

Purchase Details

Closed on
Jun 2, 2004
Sold by
Cbc Management Corp
Bought by
Memon Tariq

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Moreno Sharon L $113,000 Okee Tantie Title Co Inc
Moreno Sharon L $113,000 Okee Tantie Title
Moreno Sharon L $113,000 Okee Tantie Title
Memon Tariq $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Sharon L $108,007
Closed Moreno Sharon L $108,007
Previous Owner Memon Tariq $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2018 01/17/18 Sold $113,000 -5.0% $95 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
06/03/2017 06/03/17 For Sale $119,000 -- $100 / 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 $3,619 $110,159 -- --
2024 $3,548 $107,054 -- --
2023 $3,478 $103,936 -- --
2022 $1,388 $100,909 $0 $0
2021 $1,306 $97,970 $0 $0
2020 $1,289 $96,617 $0 $0
2019 $1,242 $94,445 $5,800 $88,645
2018 $1,612 $83,419 $4,750 $78,669
2017 $1,491 $75,959 $0 $0
2016 $1,410 $66,708 $0 $0
2015 $1,381 $63,515 $0 $0
2014 -- $50,735 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Rickards

    Seller's Agent in 2018

    John Rickards

    RED GATOR REAL ESTATE

    (863) 697-1992

    104 in this area

    141 Total Sales

    John Rickards
    Section Image
  • Katie Mcfarland

    Buyer's Agent in 2018

    Katie Mcfarland

    MCFARLAND REAL ESTATE CO

    (863) 261-8338

    43 in this area

    94 Total Sales

    Katie Mcfarland
    Section Image
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Map

Source: Stellar MLS

MLS Number: OK0211521

Stellar MLS

APN: R1-31-37-36-0010-00050-0160

Florida Okeechobee County Okeechobee 34974

5248 SE 42nd Trace, Okeechobee, FL

Not Listed for Sale

Detached

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