NOT LISTED FOR SALE

5998 Tractor Rd Sebring, FL 33876

Estimated Value: $447,200

19.48 Acres
$22,957 Price per Acre
848,549 Sq Ft Lot

Last Sold February 22, 2023

Last sale price $400,000

Est. 12% increase in value since last sale

Current estimated payment $2,574/month

Highlights

  • 19.48 Acre Lot
  • Wooded Lot
  • No HOA
  • Farm

About This Lot

As of February 2023

Prime Multifamily site that is 19+ acres priced at $1700.00 per unit for 233 potential building units, don't miss out on this exceptional development opportunity on a paved road on the south side of Sebring.

Last Agent to Sell the Property

Yezmin Restrepo

ADVANTAGE REALTY #1 License #3418359 Listed on: 11/21/2022

Co-Listed By

Gregory Karlson

ADVANTAGE REALTY #1 License #3229372

Last Buyer's Agent

SEBRING NON MLS

NON-MLS OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,657

Lot Details

  • 19.48 Acre Lot
  • Wooded Lot
  • Zoning described as R3FUD

Farming

  • Farm

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number C-10-35-29-A00-0070-0000

Property Details

Property Type

Land

Est. Annual Taxes

$2,657

Lot Details

0

Listing Details

  • Property Sub Type: Acreage
  • Prop. Type: Land
  • Lot Size Acres: 19.48
  • Road Surface Type: Other
  • Co List Office Mls Id: ERAAD
  • Co List Office Phone: 863-386-0303
  • Directions: Head South on US-27 S/US-98 S Turn left onto Lunsford Rd Turn right onto Tractor Rd Turn left onto Princeton Way Subject property is on the left.
  • Property Sub Type Additional: Acreage
  • Special Features: None

Exterior Features

  • Lot Features: Farm, Wooded, Acreage

Utilities

  • Utilities: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 848168.0
  • Additional Parcels Description: ,,
  • Parcel #: C-10-35-29-A00-0070-0000
  • Zoning Description: R3FUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14.31
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Feb 1, 2023
Sold by
Jamgochian Darwin
Bought by
Hsu Wenmou and Fang Peiwen
Seller's Agent
Yezmin Restrepo
ADVANTAGE REALTY #1
Buyer's Agent
SEBRING NON MLS
NON-MLS OFFICE
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$447,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,200
Avg. Annual Appreciation
4.25%

Purchase Details

Closed on
Nov 1, 2021
Sold by
Waite Daniel C and Finnin Michael L
Bought by
Jamgochian Darwin and Jamgochian David G

Purchase Details

Closed on
Feb 2, 2006
Sold by
Sandy Ridge Groves Inc
Bought by
Varela Const Corp

Purchase Details

Closed on
Aug 25, 2000
Sold by
Sebring Packing Company Inc
Bought by
Sandy Ridge Groves Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.24%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hsu Wenmou $400,000 --
Jamgochian Darwin $570,000 Attorney
Varela Const Corp $1,750,000 Attorney
Sandy Ridge Groves Inc $239,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sandy Ridge Groves Inc $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2023 02/22/23 Sold $400,000 0.0% --
12/21/2022 12/21/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $400,000 -- --
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
2024 $2,657 $321,420 $321,420 --
2023 $2,657 $194,800 $194,800 $0
2022 $2,730 $194,800 $194,800 $0
2021 $14 $974 $974 $0
2020 $15 $974 $974 $0
2019 $15 $974 $974 $0
2018 $15 $974 $974 $0
2017 $15 $974 $974 $0
2016 $15 $974 $0 $0
2015 $17 $1,074 $0 $0
2014 $1,409 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 291496

Heartland Association of REALTORS®

APN: C-10-35-29-A00-0070-0000