121 Madrid Dr, Sebring, FL 33870
OFF MARKET

$318,500

Trulia Estimate
  • 3 Beds
  • 2.5 Baths

121 Madrid Dr, Sebring, FL 33870

Est. Refi. Payment $2,094/mo*
Refinance Your Home
Currently Off Market - Sold Mar 12, 2015 for $265,600

Home Value

Trulia Estimate
$319K
Since last month
Increased$6K (+1.9%)
Since last year
Decreased$53K (-14.1%)
Since last sale
Increased$57K (+21.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -22% in the last 10 years
MonthEstimated value
2026
August 2026$323K
August 2026$319K
July 2026$317K
June 2026$298K
May 2026$295K
April 2026$292K
March 2026$308K
February 2026$285K
January 2026$293K
2025

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
8273 Cozumel Ln, Sebring, FL
0.05
Multi-Family Home
$410,000
12/12/25
6
4
3,948
101 VOSS COURT, Sebring, FL
1.59
Multi-Family Home
$148,000
04/24/26
2
2
1,044
6213 Candler Ter, Sebring, FL
3.03
Multi-Family Home
$495,000
07/24/26
8
8
-
2203 COLMAR AVENUE, Sebring, FL
4.87
Multi-Family Home
$345,000
07/08/26
4
2
1,920

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
8277 Cozumel Ln, Sebring, FL 33876
0.02
$35,000
-
-
-
Recently Sold
8277 COZUMEL LANE LOT 17, Sebring, FL 33876
0.02
$35,000
-
-
-
Recently Sold
8273 Cozumel Ln, Sebring, FL 33876
0.05
$410,000
6
4
3,948
Recently Sold
121 Madrid Dr #123-125-127, Sebring, FL 33876
0.00
$674,700
12
10
-
Off Market
8269 COZUMEL LANE LOT 15, Sebring, FL 33876
0.07
-
-
-
-
Off Market
8269 Cozumel Ln, Sebring, FL 33876
0.07
-
-
-
-
Off Market
8265-8267 Cozumel Ln, Sebring, FL 33876
0.09
$349,000
4
4
2,416
Off Market
8833 HAMPSHIRE DRIVE, Sebring, FL 33876
0.09
$270,000
3
2
1,334
For Sale
8257 Cozumel Ln, Sebring, FL 33876
0.15
$429,900
6
4
3,034
For Sale
8264 COZUMEL LANE LOT 5, Sebring, FL 33876
0.14
-
-
-
-
Off Market
8253-8255 Cozumel Ln, Sebring, FL 33876
0.16
$412,300
6
4
3,034
Off Market

Local Information

  • Map ViewExplore the area around 121 Madrid Dr.
  • Schools2 Preschool Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 2007
0.57 acre lot
Garage

About this House

Excellent income producing property. Four 3 bedroom/2.5 bath units with solid rental history.
121 Madrid Dr, Sebring, FL 33870 is a 3 bedroom, 3 bathroom multi-family built in 2007. It last sold for $265,600 on Mar 12, 2015 (2% below the $269,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $318,500, with a rent estimate of $1,662/month.
Last check for updates: about 22 hours ago
Listed by Chad Pritchett
PRITCHETT REAL ESTATE GROUP
Bought with: Denyelle Dibble, RE/MAX REALTY PLUS
Originating MLS: Heartland Association Of Realtors
Source: HFMLS, MLS#233037

Home Details for 121 Madrid Dr

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Appliances & Utilities
Utilities: Sewer Not AvailableAppliances: Dishwasher, Oven, Range, RefrigeratorDishwasherRefrigerator
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Central
Windows, Doors, Floors & Walls
Window: Single Hung, BlindsFlooring: Carpet, Tile
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Carpet, Tile

Exterior Features

Exterior Home Features
Roof: Shingle
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageParking: Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: None
Farm & Range
Frontage Length: 0

Property Information

Year Built
Year Built: 2007
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, ApartmentArchitecture: Two Story
Building
Construction Materials: Block, ConcreteNo Additional Parcels
Property Information
Condition: Good Condition, ResaleParcel Number: C15353004000A00180Additional Parcels Description: , ,

Price & Status

Price
List Price: $269,900
Status Change & Dates
Off Market Date: Thu Mar 12 2015Possession Timing: Closing

Active Status

MLS Status: Closed

Location

Direction & Address
City: Sebring

Community

Units in Building: 4

HOA

Association for this Listing: Heartland Association Of Realtors

Lot Information

Lot Area: 0.57 acres

Listing Info

Special Conditions: None

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

Mls Number: 233037Living Area Range Units: Square Feet

Price and Tax history

DateEventPrice
Mar 12, 2015
Source: HFMLS #233037
Sold
$265,600

Market trends in Sebring

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$240K
$3.33KMoM
Sale-to-List Price
96.8%
0.2%MoM
Price per sq ft
$156
$2MoM
Available listings
497

Around this home

What Locals Say about Sebring

At least 218 Trulia users voted on each feature.

  • 87 % Say parking is easy

  • 83 % Say car is needed

  • 83 % Say yards are well-kept

  • 80 % Say it's dog friendly

  • 69 % Say there's holiday spirit

  • 67 % Say it's quiet

  • 62 % Say people would walk alone at night

  • 56 % Say they plan to stay for at least 5 years

  • 54 % Say neighbors are friendly

  • 51 % Say kids play outside

  • 50 % Say there's wildlife

  • 46 % Say streets are well-lit

  • 38 % Say there are sidewalks

  • 31 % Say it's walkable to grocery stores

  • 28 % Say there are community events

  • 27 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Lazaro Gonzalez
    "Lived here for 10 years, worked as a police officer here as well. It’s a great town. Great for kids and the elderly alike. "
    3
    Flag
  • Mikenapper12
    "We were happy with the schools in Sebring. Our kids thrived, but that was 10 years ago. The area is growing!"
    1
    Flag
  • Cheri Fisher
    "Is a good safe neighborhood for families and kids to be just gotta be careful wild life there’s not that many fence in yard or yards are open"
    0
    Flag
  • Ismael Correa
    "Many activities in The Circle for all members of the family. Beautiful places to see, lakes around the city also make it special. "
    0
    Flag
  • Jaywashington0001
    "they would like that there is plenty of space and it’s a rural area and they wouldn’t like that there is many dogs"
    8
    Flag
  • Luis M. M.
    "I'll live here and I love it. love the school district, stores supermarkets. love the neighborhood the people are nice. "
    36
    Flag
  • Ross.55
    "I've lived here for 7 years. it's a nice area and the people are friendly. it's a great retirement community."
    18
    Flag
  • Diannejpowell
    "I live in a 55+ community and it wonderful. Well kept and friendly people. Pot lucks,dances,variety shows,plays, bunco bingo,shuffleboard,card games, day trips, cruises, and many more activities. Grounds are kept beautifully. I love it. "
    7
    Flag
  • Danielle W.
    "it's great I love Sebring a very very nice place to live small community mostly old people great. "
    1
    Flag
  • Kenneth D.
    "quite and safe you feel safe enough to leave garage open if I you run to store. Hopefully we can make some friends and have a less problems.Get more involved in community maybe join hoa.Get involved is the answer."
    3
    Flag
  • Joanne G.
    "The schools here are not the best. The kids that aren’t parented by both parents seem to get into a lot of trouble. This area has more senior citizen oriented."
    1
    Flag
  • Dlstubbs42
    "The old people have nothing better to do then gripe because you have German shepherds and lie make things up and call police. I want out of this god forsaken city"
    1
    Flag
  • Dlstubbs42
    "HATE SEBRING NOT FOR YOUNG PEOPLE NOR ADULTS IN THEIR 40s. Boring, sucks, people are rude, can’t wait to get out. "
    1
    Flag
  • Kissbehr
    "It’s the people. You feel secure that people go out of their way for you. We have lived here for over 10 years and besides being a wonderful golf course resort it is a neighborhood to be proud of."
    0
    Flag
  • Kenneth D.
    "quiet, great clean homes and low crime. More people that live a full life without silly things going on."
    1
    Flag
  • Jorge
    "Great place for retired folk. Horrible place for younger families. Limited job opportunity, mediocre schools and not many things to do. "
    1
    Flag
  • Julia
    "Pretty safe for kids, very little crime. I love it here in Sebring Florida. Sebring is growing very fast these days. "
    23
    Flag
  • Faithe01
    "it is great for families that have a small family. the schools are near by and there is quite a few places to go around here."
    0
    Flag
  • Ray.woody
    "Nice and easy, especially during summer and school holidays. No real rush hour traffic as compared to any city with a freeway. "
    1
    Flag
  • Antonio Donis and Ilian Lopez
    "I live in this neighborhood and it’s very nice and safe and also it’s close to the circle and the pier"
    10
    Flag
  • Lindasbooks
    "I see people walking there dogs on our downtown area. We have a wonderful dog park very close to downtown. Would be nice not to have a no dogs in our park law."
    28
    Flag
  • Jaiden K.
    "Slow speeds, great neighborhood for walks, away from busy roads and the yards are nice and big. I have 2 dogs and they love it here. "
    0
    Flag
  • Lank69
    "Lovely place to walk your dog,safe for the dog and the owner in this neighborhood , most people pick up after their animals, but you always get the odd one who does not."
    1
    Flag
  • Unodaughter
    "Quiet and private. We live on an acre with trees behind us and one side. I would recommend this neighborhood to anyone that wants quiet."
    1
    Flag
  • A1backflow74
    "nice neighborhood for retired people to live. very few complaints and a lot of people have dogs in the neighborhood. "
    0
    Flag
  • Heath K.
    "its quiet and secluded . the neighbors keep to themselves. if you dont like atvs it's not the neighborhood for you "
    4
    Flag
  • Brenda H.
    "There is hardly any traffic in my neighborhood, it is an older community and a very quite place so people walk their dogs all the time day and night. "
    0
    Flag
  • Shannon S.
    "I have lived here for 4 years and it was a great decision. There are an elementary and middle school within walking and bike riding distance from my home. There are lots of kids and a neighborhood park and pool."
    13
    Flag
  • Msvixenbeauty89
    "good schools, friendly people. nice looking town. not much to do though unfortunately. Mall is very minimal as well. "
    0
    Flag
  • Nkauj h. X. Y.
    "I'm just visiting so I do not know the neighborhood. I've met a few of my sister's neighbor; there are nice ones and ones I do not care to socialize with."
    13
    Flag

LGBTQ Local Legal Protections

Copyright Heartland Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.

Frequently asked questions about 121 Madrid Dr

  • What is 121 Madrid Dr estimated to be worth?
    Trulia's estimated value for 121 Madrid Dr in Sebring, FL is $318,500.
  • What is the price history for 121 Madrid Dr?
    121 Madrid Dr in Sebring, FL last sold for $265,600 in March 2015.
  • Is Sebring a buyer's or seller's market?
    Sebring is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Sebring?
    The median sale price in Sebring is $240K. That is up $3.33K from the prior month.
  • Does 121 Madrid Dr have air conditioning?
    Yes, 121 Madrid Dr in Sebring, FL has air conditioning.

Explore by feature - Pet Friendly

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Off Market Homes Near 121 Madrid Dr

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