NOT LISTED FOR SALE

8700 W Josephine Rd Sebring, FL 33875

Estimated Value: $269,000

25 Acres
$10,760 Price per Acre
1,089,000 Sq Ft Lot

Last Sold December 21, 2020

Last sale price $165,000

Est. 63% increase in value since last sale

Current estimated payment $1,467/month

Highlights

  • Home fronts a pond
  • Interior Lot
  • Fenced
  • 25 Acre Lot
  • Pasture
  • Natural State Vegetation

About This Lot

As of December 2020

25 Acres of pristine Florida Pasture land, fully fenced in and designed for sufficient drainage with several small wooded areas and 2 ponds! With all of the endless potential possibilities for usage, this property would be ideal for a custom home or any other agricultural endeavors - it is also equipped with a fully functioning Septic System and Electricity! Private and gated dirt/shell rock gravel road leads you into the main area of the acreage from the paved main road. The property contains a mixture of oak trees, pine trees, palmetto bushes, and wetland sloughs. Irrigation timers are present and located near the 25x25 wooden outbuilding with concrete foundation, however some of the irrigation lines/pipes have been removed over time. No HOA or Property Owner's Association Fees apply to this area. The property is currently being leased out to a family that sells organic eggs from the chickens being kept on the land.

Last Agent to Sell the Property

Emily Jones

RE/MAX REALTY PLUS License #3402440 Listed on: 01/31/2020

RE/MAX REALTY PLUS

Last Buyer's Agent

SEBRING NON MLS

NON-MLS OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $259

Lot Details

  • 25 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Fenced
  • Natural State Vegetation
  • Interior Lot
  • Zoning described as AU

Farming

  • Pasture

Utilities

  • Private Water Source
  • Well
  • Septic Tank
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number C-06-36-28-A00-0032-0000

Property Details

Property Type

Land

Est. Annual Taxes

$259

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 25.0
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Paved, See Remarks
  • Directions: At the INTERSECTION of US HIGHWAY 27 S and US HIGHWAY 98 & 66, Travel WEST on US HIGHWAY 66. Turn LEFT on PAYNE RD. Turn RIGHT on W JOSEPHINE RD. The property will be located to the RIGHT - Look for the private gate and correct address before the property's private road.
  • Property Sub Type Additional: Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Interior Lot, Pasture, Acreage
  • Waterfront Features: Pond
  • Exterior Features: Fence

Utilities

  • Sewer: None, Septic Tank, See Remarks
  • Utilities: Electricity Available, See Remarks, Sewer Not Available
  • Water Source: Private, See Remarks, Well

Lot Info

  • Current Use: Pasture
  • Lot Size Sq Ft: 1079076.0
  • Additional Parcels Description: ,,
  • Additional Parcels: No
  • Parcel #: C-06-36-28-A00-0032-0000
  • Zoning Description: AU
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 259.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Jan 14, 2021
Sold by
Swindle James R and Swindle Debra S
Bought by
Swindle James R and Swindle Debra A
Seller's Agent
Emily Jones
RE/MAX REALTY PLUS
Buyer's Agent
SEBRING NON MLS
NON-MLS OFFICE
List Price
$250,000
Sold Price
$165,000
Premium/Discount to List
-$85,000
-34%
Current Estimated Value
$269,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,000
Avg. Annual Appreciation
8.32%
Original Mortgage
$295,600
Outstanding Balance
$266,785
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$25,785

Purchase Details

Listed on
Jan 31, 2020
Closed on
Dec 21, 2020
Sold by
Brakefield Kasandra L
Bought by
Hall George and Morlas Marjorie
Seller's Agent
Emily Jones
RE/MAX REALTY PLUS
Buyer's Agent
SEBRING NON MLS
NON-MLS OFFICE
List Price
$250,000
Sold Price
$165,000
Premium/Discount to List
-$85,000
-34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,600
Outstanding Balance
$266,785
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$25,785

Purchase Details

Closed on
Apr 19, 2010
Sold by
Brakefield Loie M
Bought by
Brakefield Kasandra L

Purchase Details

Closed on
Apr 22, 2002
Sold by
Swindle James R and Swindle Debra S
Bought by
Swindle James R and Swindle Debra S
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
Swindle James R -- Accommodation
Hall George $165,000 Heartland Title Ins Agcy Co
Brakefield Kasandra L -- None Available
Swindle James R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall George $295,600
Previous Owner Brakefield Loie M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $165,000 -34.0% --
11/02/2020 11/02/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $250,000 -- --
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 $406 $14,184 -- --
2023 $406 $13,542 $0 $0
2022 $411 $14,030 $0 $0
2021 $2,072 $125,100 $125,000 $100
2020 $261 $5,878 $5,778 $100
2019 $261 $5,878 $5,778 $100
2018 $259 $5,688 $5,588 $100
2017 $257 $5,426 $5,326 $100
2016 $87 $5,164 $0 $0
2015 $82 $4,758 $0 $0
2014 $74 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 271615

Heartland Association of REALTORS®

APN: C-06-36-28-A00-0032-0000