NOT LISTED FOR SALE

538 SW 40th Cove Unit 54 Okeechobee, FL 34974

Estimated Value: $229,000 - $253,318

0.06 Acre
$3,768,109 Price per Acre
2,800 Sq Ft Lot

Last Sold May 09, 2023

Last sale price $242,000

Current estimated payment $1,774/month

138 Days on Market

Highlights

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

About This Lot

As of May 2023

Located in Silver Palms RV Resort. Beautiful lake lot on Blue Heron Lake. Tiki overlooks lake. Casista features 1/2 bath Washer, dryer. Ac, fridge. Fire pit stays1

Last Agent to Sell the Property

Debra Luterman

ANDERSON REALTY License #3083745 Listed on: 10/31/2022

Last Buyer's Agent

Debra Luterman

ANDERSON REALTY License #3083745 Listed on: 10/31/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,400

Lot Details

  • 2,800 Sq Ft Lot
  • Lot Dimensions are 40x70
  • North Facing Home

HOA Fees

  • $261 Monthly HOA Fees

Property Views

  • Lake Views

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1-33=37=35-0040-00000-0540
  • Tax Block 40

Community Details

Overview

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

Amenities

  • Clubhouse
  • Laundry Facilities
  • Community Storage Space

Recreation

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

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,400

Lot Details

0

HOA Fees

$261 per month

Listing Details

  • HOA Fee Includes: Pool, Other, Pool, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Land
  • Lot Size Sq Ft: 2800
  • Directions to Property: 1/2 mile North of Lake Okeechobee
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 513322778
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 86.43
  • Total Acreage: Non-Applicable
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 538

Exterior Features

  • Direction Faces: North
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Easements: All Sides

Utilities

  • Utilities: Cable Available, Electricity Available, Other, Phone Available, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fishing, Fitness Center, Gated, Golf Carts OK, Pool
  • Association Amenities: Clubhouse, Fitness Center, Gated, Laundry, Pickleball Court(s), Pool, Recreation Facilities, Shuffleboard Court, Spa/Hot Tub, Storage
  • Association Fee: 261
  • Association Fee Frequency: Monthly
  • Association Name: Phil Dore
  • Phone: 760-914-3248
  • Association: Yes
  • Security: Gated Community
  • Association 2 YN: 0
  • Pet Restrictions: any non aggressive breed accepted. Great dog park
  • Association Fee Requirement: Required
  • Association Email: Phil.dore@sunlandrvresorts.com

Fee Information

  • Total Annual Fees: 3132.00
  • Total Monthly Fees: 261.00
  • Monthly HOA Amount: 261.00

Lot Info

  • Zoning: RES
  • Parcel Number: 1-33=37=35-0040-00000-0540
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 40X70
  • Flood Zone Code: 0
  • Lot Size Square Meters: 260

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 1400
  • Tax Block: 40
  • Tax Book Number: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Apr 20, 2023
Sold by
Mueller Heinz and Mueller Rosalie
Bought by
Conrad William F and Conrad Kathleen Z
Seller's Agent
Debra Luterman
ANDERSON REALTY
Buyer's Agent
Debra Luterman
ANDERSON REALTY
List Price
$279,000
Sold Price
$242,000
Premium/Discount to List
-$37,000
-13.26%
Views
136
Current Estimated Value
$241,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$841
Avg. Annual Appreciation
5.71%

Purchase Details

Closed on
Jan 29, 2014
Sold by
Silver Palms Rv Resort Estates Llc
Bought by
Mueller Heinz and Mueller Rosalie
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
Conrad William F $242,000 None Listed On Document
Mueller Heinz $69,171 0Kie Tantie Title Co Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2023 05/09/23 Sold $242,000 -6.6% --
03/19/2023 03/19/23 Pending -- -- --
11/14/2022 11/14/22 Price Changed $259,000 -7.2% --
10/31/2022 10/31/22 For Sale $279,000 -- --
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 $2,877 $197,014 $175,000 $22,014
2023 $2,192 $186,453 $170,000 $16,453
2022 $1,728 $118,991 $95,000 $23,991
2021 $1,601 $104,630 $95,000 $9,630
2020 $1,505 $99,630 $90,000 $9,630
2019 $1,311 $81,488 $75,000 $6,488
2018 $1,235 $75,309 $69,000 $6,309
2017 $1,123 $66,109 $0 $0
2016 $1,115 $66,109 $0 $0
2015 $1,164 $66,109 $0 $0
2014 -- $62,316 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OK222053

Stellar MLS

APN: R1-33-37-35-0040-00000-0540