NOT LISTED FOR SALE

628 Arcola Dr Sebring, FL 33875

Estimated Value: $251,000 - $363,000

2 Beds
2 Baths
1,392 Sq Ft
$222/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $235,000 $169 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,907/month

6 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • No HOA
  • Deck
  • Powered Boats Allowed
  • Covered Patio or Porch

About This Home

As of November 2020

Tucked away on a quiet road of only 13 existing homes and directly on picturesque Lake Josephine, this property is perfect for the weekend getaway or the full time resident desiring the lifestyle of lakefront living! Solid concrete block construction featuring 2 spacious bedrooms, 2 updated bathrooms, and an oversized 1 car garage. The current owners of the home have tastefully remodeled the interior living areas and kept the original, beautiful hardwood flooring and bathroom tile in wonderful condition. The kitchen boasts white solid wood cabinets with soft close features, matching spotlessly clean white appliances, tile flooring, and generous amounts of counterspace with a large center island. A breathtaking view of Lake Josephine can be enjoyed in the spacious main living areas of the home as well as the master bedroom! Morning or evening time fishing is just a short walk in your back yard outside the door from the 15x10 Florida room! The 24x25 boathouse has running water, electric, PLUS two boat lifts - perfect for a bass and a pontoon boat and was built new in 2015 by Suter Homes, Inc. Durable concrete block seawall with wood planking overlay present along the 75 feet of water frontage. Lake Josephine is natural freshwater lake with a total surface area of 1,248 acres containing an abundant amount of fish including crappie, channel catfish, and largemouth bass. The air conditioning system was replaced to new in 2015. City water, well water sourced irrigation system, and private septic tank services. Metal subterranean termite barrier in place beneath the home to prevent access (free of pesticides and physically blocks termite foraging activity). Reinforcement clips are present on the roof's trusses to protect the home during a high wind situation and can also help you save money on your home owner’s insurance. Removable hurricane shutters installed, will convey with the sale of the home. Furniture is also available for purchase at a separate price.

Last Agent to Sell the Property

Emily Jones

RE/MAX REALTY PLUS License #3402440 Listed on: 09/29/2020

RE/MAX REALTY PLUS

Last Buyer's Agent

Tammy Vickers

RE/MAX REALTY PLUS License #3469682

RE/MAX REALTY PLUS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,678

Year Built

  • Built in 1962

Lot Details

  • 0.28 Acre Lot
  • Lake Front
  • Sprinkler System
  • Zoning described as R1

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,392 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Jalousie or louvered window
  • Single Hung Windows
  • Blinds
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Seawall
  • Bulkhead
  • Deck
  • Covered Patio or Porch

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-33-35-29-010-0010-0020

Community Details

Overview

  • No Home Owners Association
  • Lake Josephine Subdivision

Recreation

  • Powered Boats Allowed
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,678

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.28
  • Road Surface Type: Paved
  • Water Body Name: Josephine
  • Subdivision Name: Lake Josephine
  • Directions: At the INTERSECTION of US HIGHWAY 27 and US HIGHWAY 98, Travel SOUTH on US HIGHWAY 27. Turn RIGHT on LAKE JOSEPHINE DRIVE. Take the 2ND RIGHT onto ARCOLA DRIVE. The property will be located to your LEFT.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1962
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Fireplace, High Speed Internet, Cable TV
  • Living Area: 1392.0
  • Window Features: Jalousie, Single Hung, Blinds

Exterior Features

  • Pool Features: None
  • View: Lake
  • View: Yes
  • Waterfront Features: Bulkhead, Seawall
  • Construction Type: Block, Concrete
  • Exterior Features: Deck, Sprinkler/Irrigation
  • Patio And Porch Features: Rear Porch, Covered, Enclosed, Front Porch, Open, Deck
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • 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: 12000.0
  • Additional Parcels Description: ,,
  • Additional Parcels: No
  • Parcel #: C-33-35-29-010-0010-0020
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1678.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Nov 19, 2020
Sold by
Lanning Philip D and Lanning Linda J
Bought by
Guerry Debra L Malewitz and Guerry William G
Seller's Agent
Emily Jones
RE/MAX REALTY PLUS
Buyer's Agent
Tammy Vickers
RE/MAX REALTY PLUS
List Price
$239,000
Sold Price
$235,000
Premium/Discount to List
-$4,000
-1.67%
Current Estimated Value
$308,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,991
Avg. Annual Appreciation
5.63%
Original Mortgage
$188,000
Outstanding Balance
$134,830
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$174,161

Purchase Details

Closed on
Apr 23, 2018
Sold by
Lanning Phillip D and Lanning Linda J
Bought by
Lanning Phillip D and Lanning Linda J

Purchase Details

Listed on
Jan 23, 2015
Closed on
Feb 25, 2015
Sold by
Wells Fargo Bank Na
Bought by
Lanning Philip D and Lanning Linda J
Seller's Agent
Carrie Cornelius
PRIME PLUS REAL ESTATE, INC/ Non MLS
Buyer's Agent
Mary McLean
PRIME PLUS REAL ESTATE, INC/ Non MLS
List Price
$119,000
Sold Price
$112,000
Premium/Discount to List
-$7,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.02%
Original Mortgage
$106,400
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2014
Sold by
Bobe Kathryn and Bobe Richard
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 22, 2007
Sold by
Revoc Whitcomb E Bernice Cober and Bernice Cober Whitcomb Revoc E
Bought by
Bobe Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
6.12%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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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
Guerry Debra L Malewitz $235,000 South Ridge Abstract & Ttl C
Guerry Debra L Malewitz $235,000 South Ridge Abstract & Title
Lanning Phillip D -- Attorney
Lanning Philip D $112,000 Stewart Title Company
Wells Fargo Bank Na $136,300 Dataquick Title
Bobe Kathryn $225,000 Heartland Title Insurance Ag
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerry Debra L Malewitz $188,000
Closed Guerry Debra L Malewitz $188,000
Previous Owner Lanning Philip D $106,400
Previous Owner Bobe Kathryn $168,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2020 11/19/20 Sold $235,000 -1.7% $169 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $239,000 +113.4% $172 / Sq Ft
04/07/2015 04/07/15 Sold $112,000 -5.9% $80 / Sq Ft View Prior Sale
02/11/2015 02/11/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $119,000 -- $85 / 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
2024 $3,343 $239,600 $50,925 $188,675
2023 $3,343 $218,803 $0 $0
2022 $3,111 $204,292 $50,925 $153,367
2021 $2,963 $180,829 $50,925 $129,904
2020 $1,728 $151,737 $0 $0
2019 $1,678 $148,326 $0 $0
2018 $1,704 $148,721 $0 $0
2017 $1,839 $159,258 $0 $0
2016 $1,880 $158,341 $0 $0
2015 $2,102 $121,034 $0 $0
2014 $2,085 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 275807

Heartland Association of REALTORS®

APN: C-33-35-29-010-0010-0020