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7224 Northeast 5th Street

7224 Northeast 5th Street, Okeechobee, FL 34974
Property in Okeechobee
Sold Oct 01, 2020
$65,000
$52,000 by Midflorida Cu
Mortgage Due Oct 01, 2035
Sold May 01, 1998
$17,500
$15,500 by Gilbert E Harrison
Mortgage
7224 Northeast 5th Street 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 2004 and is 20 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 7224 Northeast 5th Street has 1,282 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 2,200 ft and across the front of the lot is 1,980 ft. The area measurement of the land has been determined as 43,560 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 masonry 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 metal. The exterior walls of the building are made of concrete block. 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. 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, 7224 Northeast 5th Street sold most recently in Sep 30, 2020 for a total of $65,000. If you work out the math, that's approximately a cost of $50.70 per sqft. Before that, the property was also sold for $17,500 in May 1, 1998. 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 $1,349 in taxes each year. 7224 Northeast 5th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $101,419. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 1,980
  • Total Building Area: 1,282
  • Gross Building Area: 1,282
  • Building Area: 1,282
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,282
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOUR SEASONS ESTATES
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COMMENCING AT THE 1/4 SECTION CORNER ON THE WEST BOUNDARY LINE OF SECTION 17, TOWNSHIP 37 SOUTH, RANGE 36 EAST, RUN THENCE SOUTH 892408 EAST, ALONG THE NORTH BOUNDARY LINE OF THE SOUTH 1/2 OF SAID SECTION 17, FOR A DISTANCE OF 1905.30 FEET TO A POINT

Ownership

  • Current Owner : LOPEZ MIRANDA MARIO
  • Current Owner 2: LOPEZ CRISTINA MARIE
  • Previous Owner : ARNOLD ROSE
  • Previous Owner 2: ARNOLD KENNETH EUGENE
  • Owner Before Previous Owner: HARRISON GILBERT E
  • Owner Before Previous Owner 2: HARRISON PAULINE E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Parcel: 1-17-37-36-0A00-00003-052F
  • Lot: 52F
  • Meridian: SEC 17 TWN 37S RNG 36E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.249
  • Longitude: -80.7517

    Address

  • Full Address: 7224 Ne 5th St
  • Address - House Number: 7224
  • Street Direction: NE
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R005
  • 4-Digit Zip Code: 8109
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 1,478
  • Tax Year: 2022
  • Tax Amount: $1,349
  • Tax Rate Code Area: 030

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 260,668
  • High Value: 374,533
  • Low Value: 146,802

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $52,000
  • First Open Lien Mortgage Lender: MIDFLORIDA CU
  • First Open Lien Mortgage Recording Date: Oct 01, 2020
  • First Open Lien Mortgage Loan Amount: $52,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2035

    Market Valuation

  • Market Total Value: $233,852
  • Market Land Value: $30,000
  • Market Improvement Value: $203,852

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,419

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Oct 01, 2020
  • Current Sale Transaction ID: 11797873162
  • Current Sale Price: $65,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020009519
  • Previous Sale Recording Date: May 01, 1998
  • Previous Sale Contract Date: May 01, 1998
  • Previous Sale Amount: $17,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDFLORIDA CU
  • First Mortgage Transaction Date: Oct 01, 2020
  • First Mortgage Loan Amount: $52,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: GILBERT E HARRISON
  • Previous Mortgage Transaction Date: May 01, 1998
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $15,500

About Okeechobee



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Frequently Asked Questions

What neighborhood is 7224 Northeast 5th Street located in?
The 7224 Northeast 5th Street is a located in the neighborhood of Okeechobee in Okeechobee, Okeechobee.
What is the average sales price for listings in 7224 Northeast 5th Street?
The average sales price for units in 7224 Northeast 5th Street is $0 currently.

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