NOT LISTED FOR SALE

5365 SW Welles Ave Arcadia, FL 34266

Estimated Value: $155,771 - $194,000

2 Beds
1 Bath
1,220 Sq Ft
$142/Sq Ft Est. Value

Last Sold October 10, 2013

Last sale price $16,500 $14 Per Sq Ft

Est. 948% increase in value since last sale

Current estimated payment $979/month

75 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Ceiling Fan
  • Corner Lot
  • Central Heating and Cooling System
  • East Facing Home

About This Home

As of October 2013

Great starter or retirement home. This 2/1 home has a large living area with real wood floors; in the country and still near to everything. Some TLC will make this a comfortable home.

Last Agent to Sell the Property

Ann Bursa

RE/MAX PALM PCS License #420933 Listed on: 07/12/2013

RE/MAX PALM PCS

Co-Listed By

Margaret Mardis

RE/MAX PALM REALTY License #301712

Last Buyer's Agent

Ann Bursa

RE/MAX PALM PCS License #420933 Listed on: 07/12/2013

RE/MAX PALM PCS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.32 Acre Lot
  • East Facing Home
  • Corner Lot
  • Property is zoned RSF-3

Home Design

  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 1,220 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Desoto Middle School
  • Desoto County High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 1220
  • Lot Size Acres: 0.32
  • New Construction: No
  • Year Built: 1950
  • Building Area Total: 1499
  • Lot Size Sq Ft: 13939
  • Directions to Property: Take County Road 760A East, turn right on Welles, home is first home on the right past Dorminey Street.
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=C7045438&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=C7045438&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 0000
  • Ratio: Close Price\List Price: 0.66265
  • Price per Sq Ft: 13.52
  • Close to Original List Price Ratio: 0.47278
  • Ratio: Current Price\Building Area Total: 11.01
  • View: No
  • Co List Office Mls Id: 253500022
  • Co List Office Phone: 941-889-7654
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: 4116

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl, Hardwood
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Range, Range Hood, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 5365
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Schools

  • High School: DeSoto County High School
  • Middle Or Junior School: DeSoto Middle School

Lot Info

  • Zoning: RSF-3
  • Parcel Number: 26-38-24-0000-0201-0000
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Millage Rate: 15.22
  • Flood Zone Code: X
  • Future Land Use: 000110
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Expected Lease Date: 2013-10-10T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 906
  • Tax Block: 0201
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2013
Closed on
Oct 11, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Olguin Dolores
Seller's Agent
Ann Bursa
RE/MAX PALM PCS
Buyer's Agent
Ann Bursa
RE/MAX PALM PCS
List Price
$34,900
Sold Price
$16,500
Premium/Discount to List
-$18,400
-52.72%
Current Estimated Value
$172,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,443
Avg. Annual Appreciation
21.53%

Purchase Details

Closed on
Jun 6, 2013
Sold by
Dazey Patricia M
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 23, 1997
Sold by
Mixon Bobby Charles and Mixon Bobby C
Bought by
Dazey Terry J and Dazey Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,800
Interest Rate
8.17%
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
Olguin Dolores $16,500 Attorney
Federal Home Loan Mortgage Corporation -- None Available
Dazey Terry J $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dazey Terry J $40,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2013 10/10/13 Sold $16,500 -33.7% $14 / Sq Ft
09/26/2013 09/26/13 Pending -- -- --
09/16/2013 09/16/13 Price Changed $24,900 -16.7% $20 / Sq Ft
08/14/2013 08/14/13 Price Changed $29,900 -14.3% $25 / Sq Ft
07/12/2013 07/12/13 For Sale $34,900 -- $29 / 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
2024 $864 $50,557 -- --
2023 $847 $49,084 $0 $0
2022 $818 $47,654 $0 $0
2021 $810 $46,266 $0 $0
2020 $797 $45,627 $0 $0
2019 $777 $44,601 $0 $0
2018 $752 $43,401 $0 $43,401
2017 $295 $42,508 $0 $42,508
2016 $676 $41,634 $0 $41,634
2015 $612 $41,345 $0 $41,345
2014 $959 $40,031 $0 $40,031
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7045438

Stellar MLS

APN: 26-38-24-0000-0201-0000