$33,000
SOLD SEP 21, 2023

640 Bacom Point Rd Pahokee, FL 33476

4 Beds
4 Baths
2,547 Sq Ft
0.26 Acres

Recently Sold

$13 Per Sq Ft

17% Below List Price

33 Days on Market

Highlights

  • Garden View
  • Terrazzo Flooring
  • 2 Attached Carport Spaces
  • No HOA
  • 1-Story Property
  • Central Air

About This Home

As of January 2025

CAN YOU SAVE THIS HOUSE? SOPHISTICATED BUYERS ONLY. Ideal for General Contractor/ Engineer/ Builder. The city has deemed this property an unsafe structure (See attached Notice of Violation & Note updated compliance date is October 9, 2023)


Priced to sell. Investment Opportunity!!

4 Bedroom / 4 bath home has a huge living room and family room. It also has an office area with Laundry inside. Along with the master bedroom there is another bedroom that has a private bath adjacent to the room. Fenced back yard. Great location, across from public park and near Lake Okeechobee.

PROPERTY IS SOLD AS IS. CASH ONLY. Proof of funds must accompany offer. Far Bar AS-IS contracts only.

Last Agent to Sell the Property

Matthew Wohl

MMLS Assoc.-Inactive Member License #97761 Listed on: 08/18/2023

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 0.26 Acre Lot
  • Northwest Facing Home
  • Property is zoned SF5 (cit

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,547 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Garden Views

Flooring

  • Terrazzo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Attached Carport Spaces
  • Driveway
  • Open Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Ridgeway Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 48374218180190010

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Carport Y N: Yes
  • Directions: SOUTHERN BLVD (State Road 80), CONTINUE WEST ON HOOKER HWY TO State Road 715. TURN RIGHT ON SR 715 CONTINUE NORTH ON SR 715, PROPERTY WILL BE ON THE RIGHT ACROSS FROM PUBLIC PARK.
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: RIDGEWAY BEACH
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Family Room
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Ceramic Floor, Terrazzo
  • Furnished: Unfurnished
  • Living Area: 2547
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Other
  • Living Room Features: Family Room

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • Property Condition: Handyman Special
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: RIDGEWAY BEACH
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, Covered, Driveway, Slab/Strip

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 48374218180190010
  • Lot Size Sq Ft: 11326
  • Zoning: SF5 (cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2684

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2025
Closed on
Dec 16, 2024
Sold by
Desjardins Yvon and Desjardins Myriam
Bought by
Cervantes Javier Rojas and Cervantes Veronica Rojas
Seller's Agent
Sophia Michel
Keller Williams Realty/P B
Buyer's Agent
Veronica Rojas Cervantes
Partnership Realty Inc.
List Price
$45,000
Sold Price
$30,000
Premium/Discount to List
-$15,000
-33.33%
Views
1
Current Estimated Value
$282,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,000
Avg. Annual Appreciation
2087.22%

Purchase Details

Listed on
Aug 18, 2023
Closed on
Sep 21, 2023
Sold by
Eilat Inc
Bought by
Desjardins Yvon and Desjardins Myriam
Seller's Agent
Matthew Wohl
MMLS Assoc.-Inactive Member
List Price
$39,999
Sold Price
$33,000
Premium/Discount to List
-$6,999
-17.5%
Views
384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.82%

Purchase Details

Closed on
Jun 9, 2023
Sold by
Burke Ruthine E and Burke Sevon G
Bought by
Eilat Inc

Purchase Details

Closed on
Aug 24, 2018
Sold by
Reo Acceptance Corp Ii Llc
Bought by
Burke Ruthine E and Burke Sevon G

Purchase Details

Closed on
Jun 7, 2018
Sold by
The Bank Of New York Mellon
Bought by
Reo Acceptance Corp Ii Llc

Purchase Details

Closed on
Jul 27, 2004
Sold by
Diab Rateeba S
Bought by
Latimore Milacoya D and Williams Frederick B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,200
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $30,000 Patch Reef Title
Warranty Deed $30,000 Patch Reef Title
Warranty Deed $33,000 Titlemark
Warranty Deed $20,000 Titlemark
Quit Claim Deed $8,000 None Available
Quit Claim Deed $550 None Available
Warranty Deed $144,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $154,000 Fannie Mae Freddie Mac
Previous Owner $144,200 Purchase Money Mortgage
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $30,000 -33.3% $12 / Sq Ft
01/23/2025 01/23/25 For Sale $45,000 +36.4% $18 / Sq Ft
09/21/2023 09/21/23 Sold $33,000 -17.5% $13 / Sq Ft
08/18/2023 08/18/23 For Sale $39,999 -- $16 / Sq Ft
Source: MIAMI REALTORS® 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 $840 $27,000 -- --
2023 $2,747 $153,125 $0 $0
2022 $2,684 $148,665 $0 $0
2021 $2,636 $144,335 $0 $0
2020 $2,602 $142,342 $16,000 $126,342
2019 $3,181 $122,492 $16,000 $106,492
2018 $2,620 $101,665 $15,864 $85,801
2017 $945 $70,956 $0 $0
2016 $951 $69,497 $0 $0
2015 $971 $69,014 $0 $0
2014 $977 $68,466 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11438405

MIAMI REALTORS® MLS

APN: 48-37-42-18-18-019-0010