NOT LISTED FOR SALE

725 River Dr Sebring, FL 33875

Estimated Value: $260,000 - $478,213

2 Beds
2 Baths
1,520 Sq Ft
$231/Sq Ft Est. Value

Last Sold April 26, 2013

Last sale price $115,000 $76 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $2,024/month

206 Days on Market

Highlights

  • Cathedral Ceiling
  • Tile Flooring
  • Central Heating and Cooling System
  • Detached Garage
  • Awning
  • Fenced

About This Home

As of April 2013

OWNER FINANCING may be available to a QUALIFIED BUYER on this unique and rustic FORECLOSURE home on over 7 quiet acres! ZONED AGRICULTURAL for many possibilities! Property includes a large Concrete block barn with concrete floor and covered portico. Exposed beam ceilings and a stone wall with a fireplace give this home character. With a little work this can be a charming "home in the country" or weekend /seasonal get-away; or a great location for your AG-type business. Large 15 X 29 basement gives you plenty of room to expand! Relax on your huge 24 X 40 screened porch enjoing the serenity of your quiet estate. Close to both Sebring and Lake Placid, but still has that "country acreage" feel. HURRY!

Last Agent to Sell the Property

Steve Fruit

RE/MAX REALTY PLUS License #3039549 Listed on: 09/10/2012

RE/MAX REALTY PLUS

Last Buyer's Agent

Steve Fruit

RE/MAX REALTY PLUS License #3039549 Listed on: 09/10/2012

RE/MAX REALTY PLUS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,450

Year Built

  • Built in 1970

Lot Details

  • 7.87 Acre Lot
  • Fenced

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,520 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Awning

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Detached Garage
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Well
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number C-10-36-29-010-T530-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,450

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 7.87
  • Lot Size: Irregular 7.87 acres
  • Road Surface Type: Paved
  • Directions: US 27 to west on Palmetto Dr to right on Holly to left on River Dr to property on the left.
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1970
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 1028
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Cathedral Ceiling(s), Fireplace, High Ceilings, Vaulted Ceiling(s)
  • Living Area: 1520.0

Exterior Features

  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Fence, Awning(s)
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Assigned, Detached

Utilities

  • Cooling: Central Air, Electric, See Remarks
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: None
  • Utilities: Sewer Not Available
  • Water Source: Private, Well

Lot Info

  • Lot Size Sq Ft: 342817.0
  • Additional Parcels Description: ,,
  • Additional Parcels: No
  • Parcel #: C-10-36-29-010-T530-0000

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 2450.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2012
Closed on
Apr 24, 2013
Sold by
Ajbm Limited Partnership
Bought by
Ashby Raymond L and Ashby Shiloh K
Seller's Agent
Steve Fruit
RE/MAX REALTY PLUS
Buyer's Agent
Steve Fruit
RE/MAX REALTY PLUS
List Price
$115,000
Sold Price
$115,000
Current Estimated Value
$350,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,803
Avg. Annual Appreciation
9.16%
Original Mortgage
$95,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 8, 2011
Sold by
Malacsina Bela
Bought by
Ajbm Limited Partnership

Purchase Details

Closed on
Nov 24, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Malacsina Bela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
12.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 5, 2009
Sold by
Aurora Loan Services Llc
Bought by
Federal Home Loan Mortgage Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
12.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 31, 2009
Sold by
Perez Martinez Eyesmery
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Mar 30, 2007
Sold by
Collier Nancy Kay
Bought by
Martinez Eyesmery Perez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,000
Interest Rate
8.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 4, 2005
Sold by
Lagrow Keith and Mcintyre Russell
Bought by
Collier Nancy Kay
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ashby Raymond L $115,000 Attorney
Ajbm Limited Partnership -- None Available
Malacsina Bela $120,000 Attorney
Federal Home Loan Mortgage Corp -- Attorney
Aurora Loan Services Llc -- Attorney
Martinez Eyesmery Perez $381,000 Attorney
Collier Nancy Kay -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ashby Raymond L $95,000
Previous Owner Malacsina Bela $118,000
Previous Owner Martinez Eyesmery Perez $381,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2013 04/26/13 Sold $115,000 0.0% $76 / Sq Ft
04/08/2013 04/08/13 Pending -- -- --
09/13/2012 09/13/12 For Sale $115,000 -- $76 / 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 $2,272 $184,905 -- --
2024 $2,278 $179,694 -- --
2023 $2,278 $174,460 $0 $0
2022 $1,611 $124,395 $0 $0
2021 $1,606 $120,775 $0 $0
2020 $1,562 $119,479 $0 $0
2019 $1,514 $116,828 $0 $0
2018 $1,488 $114,627 $0 $0
2017 $1,475 $112,228 $0 $0
2016 $1,475 $109,878 $0 $0
2015 $1,439 $109,016 $0 $0
2014 $1,353 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 223134

Heartland Association of REALTORS®

APN: C-10-36-29-010-T530-0000