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5905 Northeast 8th Way

5905 Northeast 8th Way, Okeechobee, FL 34974
Land in Okeechobee
Local assessors in Okeechobee, FL have categorized 5905 Northeast 8th Way as a type of property. The home was built in 1972 and is 54 years old. The property's lot size has been calculated to be 7,187 square feet. The linear feet between the front and back of the lot was measured at 900 ft and the front of the lot was measured at 800 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a .

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5905 Northeast 8th Way sold most recently in Oct 13, 2023 for a total of $16,000. If you work out the math, that's approximately a cost of $21.86 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $29,869 in taxes each year. 5905 Northeast 8th Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $13,500. If we break it down further, the land itself was valued at $13,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230913
09/13/2023
Loft
-
-
$15,900
bedrooms
Loft
bathrooms
-
$16,000 +0.63%
10/31/2023
Eric Rhoades
RE/MAX Realty Plus


Building Info

Overview

    General

  • Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,187
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 800
  • Total Building Area: 732
  • Building Area: 732

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ADULT PARK
  • Land Acres: 0000000165
  • Standard Land Use Code: 1006
  • County Land Use Code: 000200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 4, ADULT PARK, AN UNRECORDED PLAT, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT THE SOUTHEAST CORNER OF THE SOUTHEAST 1/4 OF THE SOUTHWEST 1/4 OF THE NORTHEAST 1/4 OF SECTION 18, TOWNSHIP 37 SOUTH, RANGE 36 EAST; RUN THENCE NORTH 0

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910402

Geography

  • Parcel: 1-18-37-36-0A00-00008-0040
  • Lot: 4
  • Meridian: SEC 18 TWN 37S RNG 36E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2523
  • Longitude: -80.7648

    Address

  • Full Address: 5905 Ne 8th Way
  • Address - House Number: 5905
  • Street Direction: NE
  • Address - Street Name: 8th
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R014
  • 4-Digit Zip Code: 7944
  • Zip Code: 34974

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $29,869
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 030

    Appraisal Valuation

  • Standard Deviation: 0.2343
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 67
  • Final Value: 27,776
  • High Value: 34,287
  • Low Value: 21,266

    Market Valuation

  • Market Total Value: $13,500
  • Market Land Value: $13,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $13,500
  • Assessed Land Value: $13,500

    Sales

  • Current Sale Contract Date: Oct 13, 2023
  • Current Sale Recording Date: Oct 31, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12469
  • Previous Sale Recording Date: Oct 22, 2020
  • Previous Sale Contract Date: Sep 24, 2020
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Okeechobee



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Nearby Rentals

Unit for rent at 1031 Se 39th Terrace, Okeechobee, FL, 34974

$2,200 /mo

  • 4 Beds
  • 2 Baths
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1031 Se 39th Terrace, Okeechobee, FL, 34974 Listing by Martha Vasek

Frequently Asked Questions

What neighborhood is 5905 Northeast 8th Way located in?
The 5905 Northeast 8th Way is a land located in the neighborhood of Okeechobee in Okeechobee, Okeechobee.
What is the average sales price for listings in 5905 Northeast 8th Way?
The average sales price for units in 5905 Northeast 8th Way is $15,900 currently.