NOT LISTED FOR SALE

705 SW 77th Terrace Okeechobee, FL 34974

Estimated Value: $669,000 - $790,000

4 Beds
2.5 Baths
3,556 Sq Ft
$202/Sq Ft Est. Value

Sale Details

Date Sold: October 22, 2021

Last sale price $825,000 $232 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $4,445 / mo

165 Days on Market

Highlights

  • Guest House
  • Oak Trees
  • Fireplace in Primary Bedroom
  • Corral
  • 48.97 Acre Lot
  • Ranch Style House

About This Home

As of October 2021

DISCREET ELEGANCE Nestled in Nature on 48.976+/- Acres. Located in the desirable area of LAZY 7 RANCHES. This unique two-residence property will surely entice you! The Main Residence is a CBS 4Br/ 2.5 Ba, 4,316 total SF 3,556 SF under air, 24x24 SF Master bedroom en-suite with additional AC unit, fireplace, and water heater. Extra-large master bathroom, two walk-in closets with tons of closet space. A nook/sitting area for reading and relaxation. The remainder bedrooms are also nicely sized and ready for your family. The kitchen and formal dining room overlook the back porch area with spectacular views of the property. Spacious living area with tile flooring, brick fireplace. The Guest House is a 2Br/1Ba Frame home, 744sq.ft. under air and cute as a button! This gem is perfect for a weekend retreat, guests, or can easily be income-producing. The possibilities are endless. The two residences sits on 10.56 Acres, The barn has 6- 10 x 10 wooden stalls with tack/feed room. Both homes have a lifetime membrane roof that has a transferable warranty. COME HOME TO THE GREAT OUTDOORS! Additional acreage available.

Last Agent to Sell the Property

Jerri Lynn Hill

TUCKER GROUP LLC License #688627 Listed on: 04/29/2021

TUCKER GROUP LLC

Last Buyer's Agent

Jerri Lynn Hill

TUCKER GROUP LLC License #688627 Listed on: 04/29/2021

TUCKER GROUP LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,617

Year Built

  • Built in 1982

Lot Details

  • 48.97 Acre Lot
  • East Facing Home
  • Cross Fenced
  • Vinyl Fence
  • Wire Fence
  • Cleared Lot
  • Oak Trees
  • 4 Lots in the community
  • Additional Parcels
  • Property is zoned AG

Home Design

  • Ranch Style House
  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding

Interior Spaces

  • 3,556 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Living Room with Fireplace
  • Formal Dining Room
  • Inside Utility
  • Park or Greenbelt Views
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Pad
  • Open Parking

Outdoor Features

  • Exterior Lighting
  • Shed
  • Rear Porch

Additional Homes

  • Guest House

Farming

  • Center Aisle Barn
  • Horse or Livestock Barn
  • Feed Room

Horse Facilities and Amenities

  • Wash Rack
  • Corral
  • Tack Room
  • Shed Row

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Softener
  • Septic Tank

Community Details

  • No Home Owners Association
  • A 2 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,617

Year Built

Built in 1982

Lot Details

48.97 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Concrete
  • Fireplace: Yes
  • Living Area: 3556
  • Lot Size Acres: 48.97
  • New Construction: No
  • Year Built: 1982
  • Lot Size Sq Ft: 459994
  • Number Of Lots: 4
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OK220153?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OK220153?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 20 to less than 50
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.84615
  • Price per Sq Ft: 232
  • Close to Original List Price Ratio: 0.84615
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Master Bedroom, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Blinds
  • Room Count: 10
  • Additional Rooms: Formal Dining Room Separate, Inside Utility

Exterior Features

  • Direction Faces: East
  • Other Structures: Horse Barn, Barn(s), Corral(s), Guest House, Shed(s), Storage
  • Exterior Features: Fenced, Hurricane Shutters, Lighting
  • Roof: Membrane
  • Pool Private: No
  • View: Greenbelt
  • Waterfront: No
  • Patio and Porch Features: Rear Porch
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12093C0460C

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Open, Parking Pad
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 2
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: AG
  • Parcel Number: R1-23-37-34-0010-00046-0000
  • Additional Parcels: Yes
  • Current Use: Cattle, Poultry, Hogs, Horses, Livestock
  • Fencing: Cross Fenced, Vinyl, Wire
  • Lot Features: Cleared
  • Horse Amenities: Center Aisle, Feed Room, Shed-Row, Tack Room, Wash Rack
  • Flood Zone Code: A
  • Flood Zone Date: 2015-07-16
  • Zoning Compatible Y N: Yes

Tax Info

  • Tax Annual Amount: 4617
  • Tax Block: 1
  • Tax Book Number: 1
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Oct 22, 2021
Sold by
Boyles Marjorie M and The Marjorie M Boyles Revocabl
Bought by
Norris John W and Norris Joanne
Seller's Agent
Jerri Lynn Hill
TUCKER GROUP LLC
Buyer's Agent
Jerri Lynn Hill
TUCKER GROUP LLC
List Price
$975,000
Sold Price
$825,000
Premium/Discount to List
-$150,000
-15.38%
Current Estimated Value
$719,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$105,874
Avg. Annual Appreciation
-2.95%

Purchase Details

Closed on
Sep 3, 2020
Sold by
Boyles Marjorie M
Bought by
Boyles Marjorie M and Marjorie M Boyles Revocable Trust

Purchase Details

Closed on
Aug 31, 2001
Sold by
Brown Fred D
Bought by
Boyles Marjorie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Norris John W $825,000 Attorney
Boyles Marjorie M -- Accommodation
Boyles Marjorie M $450,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Boyles Marjorie M $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2021 10/22/21 Sold $825,000 -15.4% $232 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
10/09/2021 10/09/21 Price Changed $975,000 +62.5% $274 / Sq Ft
06/29/2021 06/29/21 Price Changed $599,900 -38.5% $169 / Sq Ft
04/27/2021 04/27/21 For Sale $975,000 -- $274 / Sq Ft
Source: Stellar MLS

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 $6,637 $420,283 -- --
2024 $6,427 $408,307 -- --
2023 $6,244 $396,582 $0 $0
2022 $5,896 $385,115 $0 $0
2021 $4,631 $296,884 $0 $0
2020 $4,617 $298,256 $0 $0
2019 $4,624 $300,822 $0 $0
2018 $4,559 $290,032 $0 $0
2017 $4,179 $260,788 $0 $0
2016 $4,210 $255,424 $0 $0
2015 $4,336 $253,648 $0 $0
2014 -- $257,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OK220153

Stellar MLS

APN: R1-23-37-34-0010-00046-0000

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