NOT LISTED FOR SALE

5505 Riverway Dr Sebring, FL 33875

Estimated Value: $258,000 - $371,000

3 Beds
2 Baths
1,296 Sq Ft
$225/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $208,750 $161 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,693/month

Highlights

  • Heated In Ground Pool
  • Powered Boats Allowed
  • Screened Porch
  • River View
  • No HOA
  • Patio

About This Home

As of July 2021

MULTIPLE OFFER SITUATION - PLEASE PRESENT YOUR CUSTOMER'S HIGHEST AND BEST OFFER BEFORE TUESDAY, MAY 18th @ 4:00 PM. If you are looking for a wonderful home perfect for entertaining and enjoying the Florida waterfront lifestyle - Congratulations, you have found THE ONE!! Welcome to this fabulous waterfront pool home located on Josephine Creek! The moment you pull up in the driveway you will fall in love with this beautifully appointed canal home offering so much for you and your loved ones to appreciate. This home along with the 2 neighboring homes on each side of the house was originally built to serve as Showcase Model homes for the Josephine Creek/Sebring Lakes neighborhood for the area's featured builder at the time! Adorable central main living room with front bay window and custom built-in recessed entertainment center. The kitchen features freshly resurfaced white solid wood cabinets offering plenty of storage space, white appliances, and a view to the pool and patio area. 3 bedrooms on a split floor plan, both bathrooms have been updated with new vanities and fixtures, the home's interior has been freshly painted, the exterior has been pressure washed. The unique and enormous covered Pool area is so inviting and provides the perfect location for year long parties with the heated in-ground 15x30 pool - NEW Pool heater with a 5 year warranty, NEW Filter, and new motor! The spacious 2 car garage with new door opener features tons of storage shelving, the washer & dryer utilities, and generous attic space above the garage. The durable metal roof installed approximately 12 years ago. Spacious fenced in back yard on a double lot facing Josephine Creek - you can fish for crappie, channel catfish and largemouth bass just a few steps from the back door of the home! City water and Septic tank utilities. Located in a non-HOA, friendly neighborhood - this property has served as the ultimate gathering location for the homeowners to invite the neighbors over to enjoy large pool parties and gatherings throughout the years!

Last Agent to Sell the Property

Emily Jones

RE/MAX REALTY PLUS License #3402440 Listed on: 05/17/2021

RE/MAX REALTY PLUS

Last Buyer's Agent

Tom Barrett

INACTIVE License #3394320

INACTIVE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $768

Year Built

  • Built in 1978

Lot Details

  • 9,200 Sq Ft Lot
  • River Front
  • Fenced
  • Sprinkler System
  • Zoning described as R1 - CANAL

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • River
  • Creek or Stream
  • Pool

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Screened Porch

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Linoleum
  • Tile
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Patio

Schools

  • Cracker Trail Elementary School
  • Sebring Middle School
  • Sebring High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Sewer Not Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number C-03-36-29-021-0020-0190

Community Details

Overview

  • No Home Owners Association
  • Sebring Lakes Subdivision

Recreation

  • Powered Boats Allowed
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$768

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: River
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • Water Body Name: Josephine
  • Subdivision Name: Sebring Lakes
  • Directions: At the INTERSECTION of SR 66/US 98 and US HIGHWAY 27 in SEBRING, Travel south on US HIGHWAY 27. Turn RIGHT on SEBRING LAKES BLVD. Turn LEFT onto TANGELO ST, which transitions into RIVERWAY DR. The property will be located to your LEFT.
  • Architectural Style: Ranch, One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1978
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Linoleum, Plank, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Cable TV, Split Bedrooms
  • Living Area: 1296.0
  • Window Features: Single Hung

Exterior Features

  • Pool Features: Fenced, Heated, In Ground, Pool
  • View: Pool, River, Creek/Stream
  • View: Yes
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Fence, Sprinkler/Irrigation, Patio
  • Patio And Porch Features: Rear Porch, Front Porch, Screened, Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Garage Door Opener

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: None, Septic Tank
  • Utilities: Cable Available, High Speed Internet Available, Sewer Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Water Sports
  • Amenities: Powered Boats Allowed
  • Association: No

Schools

  • Elementary School: Cracker Trail Elementary
  • High School: Sebring High
  • Middle Or Junior School: Sebring Middle

Lot Info

  • Lot Size Sq Ft: 9200.0
  • Additional Parcels Description: ,,
  • Additional Parcels: No
  • Parcel #: C-03-36-29-021-0020-0190
  • Zoning Description: R1 - CANAL
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 768.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Jun 18, 2021
Sold by
Nazian Darlene J
Bought by
Ibarra Gort Rogelio Alberto and Perez Adrian
Seller's Agent
Emily Jones
RE/MAX REALTY PLUS
Buyer's Agent
Tom Barrett
INACTIVE
List Price
$213,000
Sold Price
$208,750
Premium/Discount to List
-$4,250
-2%
Current Estimated Value
$292,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,473
Avg. Annual Appreciation
7.78%
Original Mortgage
$187,875
Outstanding Balance
$169,519
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$122,704
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ibarra Gort Rogelio Alberto $208,800 Heartland Title Ins Agcy Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ibarra Gort Rogelio Alberto $187,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $208,750 -2.0% $161 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $213,000 -- $164 / Sq Ft
Source: Heartland Association of REALTORS®

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 $1,982 $168,564 -- --
2024 $1,936 $163,813 -- --
2023 $1,936 $159,042 $0 $0
2022 $1,666 $137,305 $9,000 $128,305
2021 $940 $83,398 $0 $0
2020 $768 $72,327 $0 $0
2019 $754 $70,701 $0 $0
2018 $750 $69,383 $0 $0
2017 $701 $67,956 $0 $0
2016 $709 $66,558 $0 $0
2015 $673 $66,095 $0 $0
2014 $673 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 280465

Heartland Association of REALTORS®

APN: C-03-36-29-021-0020-0190