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3742 Southeast 18th Terrace

3742 Southeast 18th Terrace, Okeechobee, FL 34974
Property in Okeechobee
Sold Mar 28, 2022
$225,000
$225,000 by Southwest Funding Lp
Mortgage Due Apr 01, 2052
Sold Oct 02, 2000
$43,000
3742 Southeast 18th Terrace has been categorized by the local assessors in Okeechobee, FL as a residential type of property. The building on the property was first built in 1993 and is 31 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. In addition, 3742 Southeast 18th Terrace has 1,152 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,100 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 8,232 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3742 Southeast 18th Terrace was last sold in Mar 25, 2022 for $225,000. According to our calculations, that's $195.31 per sqft. Prior to that sales transaction, the property was sold for $43,000 in Oct 2, 2000. Current property owners are expected to pay $1,034 in taxes per year. The property on 3742 Southeast 18th Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $191,335. To break that down further, the land itself was valued at $37,800. While improvements to the property were assessed at a total of $153,535. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,232
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,152
  • Gross Building Area: 1,355
  • Building Area: 1,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,152
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TAYLOR CREEK ISLES SECTION
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TAYLOR CREEK ISLES SECTION ONE (PLAT BOOK 3 PAGES 59 & 59A) LOT 83

Ownership

  • Current Owner : WESTER MARK RAY
  • Current Owner 2: WESTER IWANA
  • Previous Owner : PADGETT JAMES P
  • Previous Owner 2: PADGETT MELISSA K
  • Owner Before Previous Owner: BLAZER PAUL DAVID
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910500

Geography

  • Parcel: 1-35-37-35-0020-00000-0830
  • Lot: 83
  • Meridian: SEC 35 TWN 37S RNG 35E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2092
  • Longitude: -80.8089

    Address

  • Full Address: 3742 Se 18th Ter
  • Address - House Number: 3742
  • Street Direction: SE
  • Address - Street Name: 18th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: C006
  • 4-Digit Zip Code: 7017
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 1,298
  • Tax Year: 2022
  • Tax Amount: $1,034
  • Tax Rate Code Area: 030

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 205,172
  • High Value: 294,795
  • Low Value: 115,548

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: SOUTHWEST FUNDING LP
  • First Open Lien Mortgage Recording Date: Mar 28, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $225,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $191,335
  • Market Land Value: $37,800
  • Market Improvement Value: $153,535

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $191,335
  • Assessed Land Value: $37,800
  • Assessed Improvements Value: $153,535

    Sales

  • Current Sale Contract Date: Mar 25, 2022
  • Current Sale Recording Date: Mar 28, 2022
  • Current Sale Transaction ID: 11884207272
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4184
  • Previous Sale Recording Date: Oct 02, 2000
  • Previous Sale Contract Date: Oct 02, 2000
  • Previous Sale Amount: $43,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHWEST FUNDING LP
  • First Mortgage Transaction Date: Mar 28, 2022
  • First Mortgage Loan Amount: $225,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Taylor Creek



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Frequently Asked Questions

What neighborhood is 3742 Southeast 18th Terrace located in?
The 3742 Southeast 18th Terrace is a located in the neighborhood of Okeechobee in Taylor Creek, Okeechobee.
What is the average sales price for listings in 3742 Southeast 18th Terrace?
The average sales price for units in 3742 Southeast 18th Terrace is $0 currently.

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