NOT LISTED FOR SALE

1048 Henscratch Rd Lake Placid, FL 33852

Estimated Value: $1,085,939

120.14 Acres
$9,039 Price per Acre
5,233,298 Sq Ft Lot

Last Sold January 22, 2021

Last sale price $750,000

Est. 45% increase in value since last sale

Current estimated payment $5,942/month

239 Days on Market

About This Lot

As of January 2021

Located in the Central, South Florida region just
6 miles from the intersection of Highway 27 and State Road 66. Henscratch Road neighbors Big Sky Growers Nursery, Tropical Fish Farm and Henscratch Farms Vineyard and Winery which hosts tastings and tours.

Henscratch Road is a perfect site for someone wanting to plant a new variety citrus grove or is suited for multiple crop varieties. Some of these include blueberry production, hemp, bamboo or any row crop that would benefit from the two large well systems in place.
The two wells are not currently permitted. A permit can possibly be obtained in 90 days.
118 ± Uplands and 2 ± Wetlands

The grove is not a producing grove.
8" diameter
Well cased to 350' 1,200 total depth

John Deere Diesel engine
12" diameter
Well cased to 450' 1,400' total depth Deutz Diesel engine

Last Agent to Sell the Property

David Hitchcock

SAUNDERS REAL ESTATE, LLC License #3147545 Listed on: 12/20/2019

SAUNDERS REAL ESTATE, LLC

Last Buyer's Agent

David Hitchcock

SAUNDERS REAL ESTATE, LLC License #3147545 Listed on: 12/20/2019

SAUNDERS REAL ESTATE, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,411

Lot Details

  • 120.14 Acre Lot
  • Property is zoned AG

Utilities

  • Well

Listing and Financial Details

  • Tax Block 0/0
  • Assessor Parcel Number C-01-36-28-A0000500000

Property Details

Property Type

Land

Est. Annual Taxes

$2,411

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 120.14
  • Lot Size Sq Ft: 5233298
  • Directions to Property: From US 27 in Sebring go west on SR66 three miles to S. Orange Blossom Blvd. Go south 2.1 miles to Lake Josephine Dr. Turn E, drive .1 miles to Henscratch Road. Go south .8 miles, property will be on the right.
  • Status: Sold
  • Total Acreage: 100 to less than 200
  • Ratio: Close Price\List Price: 0.89286
  • Price per Sq Ft: 0.14
  • Close to Original List Price Ratio: 0.89286
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1048

Exterior Features

  • Waterfront: No
  • Water View Y N: No
  • Front Footage: 1330
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electrical Nearby
  • Sewer: None
  • Water Source: Canal/Lake For Irrigation, Well
  • Cooling Y N: No
  • Heating Yn: Yes

Lot Info

  • Zoning: AG
  • Parcel Number: C-01-36-28-A0000500000
  • Additional Parcels: No
  • Current Use: Farm
  • Lot Dimensions: 1,330x3.950
  • Price Per Acre: 6243
  • Flood Zone Code: A
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 2411
  • Tax Block: 0/0
  • Tax Book Number: 2722/1877
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2019
Closed on
Jan 21, 2021
Sold by
Ahmad Razia Amir
Bought by
Placid Rock Llc
Seller's Agent
David Hitchcock
SAUNDERS REAL ESTATE, LLC
Buyer's Agent
David Hitchcock
SAUNDERS REAL ESTATE, LLC
List Price
$840,000
Sold Price
$750,000
Premium/Discount to List
-$90,000
-10.71%
Current Estimated Value
$1,085,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,939
Avg. Annual Appreciation
8.10%
Original Mortgage
$525,000
Outstanding Balance
$468,564
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$617,375

Purchase Details

Closed on
Oct 7, 2019
Sold by
Ahmad Razia Amir and Ahmad Amir
Bought by
Ahmad Burhaan
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
Placid Rock Llc $750,000 United Ttl Group Of Lakeland
Placid Rock Llc -- New Title Company Name
Ahmad Burhaan -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Placid Rock Llc $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2021 01/22/21 Sold $750,000 -10.7% --
08/13/2020 08/13/20 Pending -- -- --
12/18/2019 12/18/19 For Sale $840,000 -- --
Source: Stellar MLS

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 $2,424 $179,205 -- --
2023 $2,424 $179,332 $0 $0
2022 $2,488 $179,232 $0 $0
2021 $2,420 $164,782 $163,190 $1,592
2020 $2,465 $165,496 $163,942 $1,554
2019 $2,412 $161,336 $159,644 $1,692
2018 $2,236 $147,438 $145,726 $1,712
2017 $4,335 $281,122 $279,426 $1,696
2016 $5,925 $373,798 $0 $0
2015 $5,447 $338,219 $0 $0
2014 $6,020 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5832668

Stellar MLS

APN: C-01-36-28-A00-0050-0000