NOT LISTED FOR SALE

530 SW 40th Cove Okeechobee, FL 34974

Estimated Value: $270,856 - $274,000

0.06 Acre
$4,540,467 Price per Acre
2,788 Sq Ft Lot

Last Sold March 20, 2023

Last sale price $249,000

Est. 10% increase in value since last sale

Current estimated payment $2,012/month

21 Days on Market

Highlights

  • Lake Front
  • Fishing
  • Clubhouse
  • Fitness Center
  • Gated Community
  • Community Pool

About This Lot

As of March 2023

Located in the beautiful 5-star Silver Palms RV Village. This beautiful l 70 X 40 lot is located on the largest lake in the resort, Blue Heron Lake. It comes complete with an already installed 12 X 16 tiki as well as an already installed 10 X 12 Casita that comes furnished with electricity and plumbing. The Casita also comes with a washer and dryer as well. This lot is landscaped with river rocks and beautiful flowers. Very private and spacious lot. The tiki was rethatched 2 years ago. The tiki comes equipped with automatic screens that are remote-controlled. Silver Palms has many amenities including a 75 thousand-gallon swimming pool, bar and grill, 10 pickleball courts, basketball court, Petanque, shuffleboard, horseshoes, fitness center, library, card room, and a billiards room. Silver Palms has an onsite activities director to make sure that there is always something to do! All measurements are approximate.

Last Agent to Sell the Property

Courtney Wilson

LAKE O REAL ESTATE, LLC License #3543018 Listed on: 02/09/2023

Last Buyer's Agent

Courtney Wilson

LAKE O REAL ESTATE, LLC License #3543018 Listed on: 02/09/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,784

Lot Details

  • 2,788 Sq Ft Lot
  • Lot Dimensions are 40x70
  • Lake Front
  • Property is zoned MH

HOA Fees

  • $262 Monthly HOA Fees

Property Views

  • Lake Views

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 56 / 371
  • Assessor Parcel Number R1-33-37-35-0040-00000-0560

Community Details

Overview

  • Association fees include community pool, maintenance structure, ground maintenance, maintenance repairs, manager, pool maintenance, private road, recreational facilities, sewer, trash, water
  • Ed Pask Association
  • Silver Palms Rv Village Ph 1 Subdivision
  • On-Site Maintenance
  • The community has rules related to allowable golf cart usage in the community, vehicle restrictions

Amenities

  • Clubhouse
  • 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

$1,784

Lot Details

0

HOA Fees

$262 per month

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Land
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2788
  • Directions to Property: Follow GPS to the resort and check-in office. Behind Mcdonlads off of 441
  • Status: Sold
  • Street Direction: SW
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.88929
  • Price per Sq Ft: 89.31
  • Close to Original List Price Ratio: 0.88929
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2022
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 530

Exterior Features

  • View: Water
  • Water Body Name: Blue Heron Lake
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Lake
  • Water View Y N: Yes
  • Front Footage: 40
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Available, Phone Available, Sewer Available, Sewer Connected, Street Lights, Water Available, Water Connected
  • Sewer: Public Sewer
  • Water Source: Canal/Lake For Irrigation
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Fitness, Gated Community, Golf Carts OK, Pool
  • Association Amenities: Basketball Court, Cable TV, Clubhouse, Fitness Center, Gated, Laundry, Maintenance, Pickleball Court(s), Pool, Recreation Facilities, Shuffleboard Court, Spa/Hot Tub, Storage, Vehicle Restrictions
  • Association Fee: 785
  • Association Fee Frequency: Quarterly
  • Association Name: Ed Pask
  • Association: Yes
  • Security: Gated Community
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 3140
  • Monthly HOA Fee: 261.67
  • Total Monthly Fees: 261.67

Lot Info

  • Zoning: MH
  • Parcel Number: R1-33-37-35-0040-00000-0560
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 40x70
  • Price Per Acre: 4150000
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 1784.16
  • Tax Block: 371
  • Tax Book Number: 8-60
  • Tax Lot: 56

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Mar 20, 2023
Sold by
Klein Thomas J and Klein Alina V
Bought by
Leder Andrew D and Leder Karen
Seller's Agent
Courtney Wilson
LAKE O REAL ESTATE, LLC
Buyer's Agent
Courtney Wilson
LAKE O REAL ESTATE, LLC
List Price
$280,000
Sold Price
$249,000
Premium/Discount to List
-$31,000
-11.07%
Views
102
Current Estimated Value
$272,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,723
Avg. Annual Appreciation
3.87%

Purchase Details

Closed on
Oct 1, 2018
Sold by
Tensen Paula
Bought by
Klein Thomas J and Klein Alina

Purchase Details

Closed on
Nov 5, 2014
Sold by
Silver Palms Rv Resort Estates Llc
Bought by
Tensen Paula
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Leder Andrew D $249,000 --
Klein Thomas J $150,000 Okee Tantie Title Co Inc
Tensen Paula $73,900 Okee Tantie Title Co Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2023 03/20/23 Sold $249,000 -11.1% --
03/03/2023 03/03/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $280,000 -- --
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 $2,931 $200,907 $175,000 $25,907
2023 $2,247 $189,363 $170,000 $19,363
2022 $1,784 $122,907 $95,000 $27,907
2021 $1,642 $106,147 $95,000 $11,147
2020 $1,543 $101,147 $90,000 $11,147
2019 $1,387 $85,793 $75,000 $10,793
2018 $1,302 $79,471 $69,000 $10,471
2017 $1,188 $70,358 $0 $0
2016 $1,160 $68,942 $0 $0
2015 $1,073 $60,574 $0 $0
2014 -- $58,574 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Courtney Wilson

    LAKE O REAL ESTATE, LLC

    (863) 763-5253

    41 in this area

    68 Total Sales

    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OK222433

Stellar MLS

APN: R1-33-37-35-0040-00000-0560

Florida Okeechobee County Okeechobee 34974

530 SW 40th Cove, Okeechobee, FL

This home is located at 530 SW 40th Cove, Okeechobee, FL 34974 since 09 February 2023 and is currently estimated at $272,428. 530 SW 40th Cove is a home located in Okeechobee County with nearby schools including South Elementary School, Osceola Middle School, and Okeechobee High School.

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 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes