NOT LISTED FOR SALE

103 E Royal Palm St Lake Placid, FL 33852

Estimated Value: $303,000 - $326,000

3 Beds
2 Baths
2,936 Sq Ft
$107/Sq Ft Est. Value

Last Sold January 05, 2023

Last sale price $282,700 $96 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,056/month

1 Day on Market

Highlights

  • Engineered Wood Flooring
  • No HOA
  • Separate Outdoor Workshop
  • Lake Placid Elementary School Rated 9+
  • Built-In Double Oven
  • 2-minute walk to Stuart Park

About This Home

As of January 2023

Looking for a home with LOTS of character and space? Here's a great find! It's concrete block construction and includes an oversized 26' x 22' detached garage with 26' x 7' air-conditioned room in addition to another 21' x 17' detached workshop. It also features a 12' x 12" bomb shelter, added in 1964 during the Cuban Missile Crisis. One of only 3 in Lake Placid! The home was built in 1960 and is sprinkled with vintage charm throughout. Wood burning fireplace, wood floors, original bath tiles, all add to its loveliness. Located in the Heart of Lake Placid on 4 lots for a total of 1/3 acre. Fenced yard, concrete patio, and extra concrete parking for boat, camper, etc. Total square footage with all buildings is approximately 4,574 with 2,936 in air-conditioned space. It's not easy to find this much house for under $300,000. Act quickly, before it's gone!

Last Agent to Sell the Property

Debbie McCullough

Paradise Real Estate International LLC License #685819 Listed on: 12/16/2022

Last Buyer's Agent

SEBRING NON MLS

NON-MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,418

Year Built

  • Built in 1960

Lot Details

  • 0.33 Acre Lot
  • Sprinkler System
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,936 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace

Kitchen

  • Built-In Double Oven
  • Cooktop

Flooring

  • Engineered Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Shed
  • Side Porch

Schools

  • Lake Placid Elementary School
  • Lake Placid Middle School
  • Lake Placid High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number P-06-37-30-040-0020-0150

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,418

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Road Surface Type: Paved
  • Directions: US 27 then West on Interlake Blvd. Left on S. Pine Ave to house on the left. At the intersection fo E. Royal Palm St. and Pine Ave.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Built-In Oven, Cooktop, Double Oven, Dryer, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Simulated Wood, Tile
  • Interior Amenities: Ceiling Fan(s), Fireplace
  • Living Area: 2936.0

Exterior Features

  • Pool Features: None
  • Construction Type: Block, Concrete
  • Exterior Features: Sprinkler/Irrigation, Patio, Shed, Workshop
  • Patio And Porch Features: Enclosed, Side Porch, Patio
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

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: No

Schools

  • Elementary School: Lake Placid Elementary
  • High School: Lake Placid High
  • Middle Or Junior School: Lake Placid Middle

Lot Info

  • Lot Size Sq Ft: 14577.0
  • Additional Parcels Description: ,,
  • Parcel #: P-06-37-30-040-0020-0150
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1417.61
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2022
Closed on
Jan 5, 2023
Sold by
Elliott Lee E
Bought by
Jiang Zhongkun and Zhu Mei Yu
Seller's Agent
Debbie McCullough
Paradise Real Estate International LLC
Buyer's Agent
SEBRING NON MLS
NON-MLS OFFICE
List Price
$282,700
Sold Price
$282,700
Views
35
Current Estimated Value
$314,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,177
Avg. Annual Appreciation
3.77%

Purchase Details

Closed on
Jun 10, 2021
Sold by
Bide Nan J and Eide Alfred T
Bought by
Bide Nan J and Elliott Lee E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Jiang Zhongkun $282,700 --
Bide Nan J -- Accommodation
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2023 01/05/23 Sold $282,700 0.0% $96 / Sq Ft
12/18/2022 12/18/22 Pending -- -- --
12/16/2022 12/16/22 For Sale $282,700 -- $96 / Sq Ft
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 -- $252,869 $7,752 $245,117
2023 $4,781 $259,416 $7,752 $251,664
2022 $3,899 $203,636 $7,752 $195,884
2021 $1,418 $98,033 $0 $0
2020 $1,367 $96,679 $0 $0
2019 $1,338 $94,505 $0 $0
2018 $1,260 $92,323 $0 $0
2017 $1,144 $90,424 $0 $0
2016 $1,136 $88,564 $0 $0
2015 $1,119 $87,948 $0 $0
2014 $1,111 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Debbie McCullough

    Paradise Real Estate International LLC

    76 Total Sales

    Debbie McCullough
    Section Image

  • S

    Buyer's Agent in 2023

    SEBRING NON MLS

    NON-MLS OFFICE

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Map

Source: Heartland Association of REALTORS®

MLS Number: 291861

Heartland Association of REALTORS®

APN: P-06-37-30-040-0020-0150

Florida Highlands County Lake Placid 33852

103 E Royal Palm St, Lake Placid, FL

Not Listed for Sale

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