NOT LISTED FOR SALE

Estimated Value: $205,000 - $262,000

12 Beds
8 Baths
-- Sq Ft
0.98 Acres

Last Sold October 22, 2021

Last sale price $189,999

Est. 25% increase in value since last sale

Current estimated payment $1,474/month

Highlights

  • 0.98 Acre Lot
  • Tile Flooring
  • Property is in excellent condition
  • Lake Placid Elementary School Rated 9+
  • Central Heating and Cooling System
  • Under Construction

About This Home

As of October 2021

ATTENTION, INVESTORS: Get a portfolio of brand new homes to take advantage of the excellent rental market in Lake Placid! New homes rent at a premium and the builder offers a 1-year warranty on virtually everything as well as much longer manufacturer's warranties on many of the components. There are several homes under construction - 4 should be completed by end of May, 8-12 more by end of July. Investors may purchase from 1-?? homes. Listing priced based on 4-home package. These are beautiful, 3-bedroom 2-bath homes. They are located in desirable Placid Lakes on central water. There is a voluntary recreation association with access to two of the best lakes in the region (good for boating/fishing and in water sports like swimming and skiing), golf and restaurants and shopping right in the community! Upgraded stainless appliances, granite counters, huge 24x24 high-end tile, upgraded finishes and fixtures! Feel free to drive by, but please do not enter homes/properties yet - they are working construction sites. Please call your agent to get further showing information. See Floor Plan for exact room measurements for each home. Also building larger models with a garage to be completed this summer. Discounted Property Management also available - please inquire.

Last Agent to Sell the Property

Zachary Debono

ALL ABOUT REALTY-LK PLACID License #3302075 Listed on: 04/22/2021

Last Buyer's Agent

SEBRING NON MLS

NON-MLS OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $386

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 0.98 Acre Lot
  • Property is in excellent condition

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Sewer Not Available

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number C-14-37-29-200-2570-0020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$386

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.98
  • Road Surface Type: Paved
  • Directions: DRIVING N ON US 27, TURN L ONTO LAKE MIRROR DR. TURN L ONTO PLACID VIEW DR. TURN R ONTO ALEUTIAN ST NE. TURN L ONTO ELBA DR. PROPERTY ON LEFT.
  • Architectural Style: One Story
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2021
  • Property Sub Type Additional: Other
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Full Bathrooms: 8
  • Total Bedrooms: 12
  • Flooring: Tile

Exterior Features

  • Pool Features: None
  • Construction Type: Block, Concrete, See Remarks
  • Property Condition: Excellent, Under Construction
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: None, Septic Tank
  • Utilities: Sewer Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 25.0
  • Association Fee Frequency: Annually

Lot Info

  • Lot Size Sq Ft: 42500.0
  • Additional Parcels Description: ,,
  • Parcel #: C-14-37-29-200-2570-0020
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 7

Tax Info

  • Tax Annual Amount: 386.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2022
Sold by
Alton Bird
Bought by
Ab Investments Llc
Current Estimated Value
$237,081

Purchase Details

Listed on
Apr 22, 2021
Closed on
Oct 21, 2021
Sold by
Genesis Homes 4 Sale Llc
Bought by
Bird Alton and Riley Brian
Seller's Agent
Zachary Debono
ALL ABOUT REALTY-LK PLACID
Buyer's Agent
SEBRING NON MLS
NON-MLS OFFICE
List Price
$599,999
Sold Price
$189,999
Premium/Discount to List
-$410,000
-68.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$141,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 21, 2020
Closed on
Aug 12, 2020
Sold by
Dor Real Estate Llc
Bought by
Genesis Homes 4 Sale Llc
Seller's Agent
Jeanny Campbell
RE/MAX REALTY PLUS
Buyer's Agent
SEBRING NON MLS
NON-MLS OFFICE
List Price
$20,000
Sold Price
$16,000
Premium/Discount to List
-$4,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
647.63%

Purchase Details

Listed on
Apr 21, 2020
Closed on
Jul 17, 2020
Sold by
Harris Gary L
Bought by
Dor Real Estate Llc
Seller's Agent
Jeanny Campbell
RE/MAX REALTY PLUS
Buyer's Agent
SEBRING NON MLS
NON-MLS OFFICE
List Price
$20,000
Sold Price
$16,000
Premium/Discount to List
-$4,000
-20%
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
Ab Investments Llc -- Karns & Mager Pa
Bird Alton $190,000 Lp Title Company
Genesis Homes 4 Sale Llc -- Florida Title Center Llc
Dor Real Estate Llc $16,000 Ables & Craig Pa
Dor Real Estate Llc $16,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bird Alton $141,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $189,999 -68.3% --
06/09/2021 06/09/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $599,999 +3650.0% --
07/30/2020 07/30/20 Sold $16,000 -20.0% --
06/18/2020 06/18/20 Pending -- -- --
04/21/2020 04/21/20 For Sale $20,000 -- --
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 $2,644 $189,854 $10,000 $179,854
2023 $2,644 $172,328 $10,000 $162,328
2022 $2,349 $147,803 $6,500 $141,303
2021 $321 $4,500 $4,500 $0
2020 $386 $19,125 $0 $0
2019 $358 $17,000 $0 $0
2018 $360 $17,000 $0 $0
2017 $362 $17,000 $0 $0
2016 $369 $17,000 $0 $0
2015 $373 $17,000 $0 $0
2014 $375 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 280038

Heartland Association of REALTORS®

APN: C-14-37-29-200-2570-0020