$140,000
SOLD MAR 4, 2025

108 E Royal Palm St Lake Placid, FL 33852

2 Beds
1 Bath
1,017 Sq Ft
7,740 Sq Ft Lot

Recently Sold

$138 Per Sq Ft

12% Below List Price

104 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Fenced
  • Lake Placid Elementary School Rated 9+
  • Front Porch
  • 3-minute walk to Stuart Park

About This Home

As of March 2025

If you’re looking for an investment property, this is it, Perfectly located in Town of Lake Placid walking distance to banks, public schools, convenience and groceries stores and lots more to mention. Come and take a look at it !!!!!!

Last Agent to Sell the Property

Sofia Orozco

COMPTON REALTY License #651517 Listed on: 09/20/2024

Last Buyer's Agent

Blanqui Schneider

LPT Realty LLC License #3485869

LPT Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,298

Year Built

  • Built in 1960

Lot Details

  • 7,740 Sq Ft Lot
  • Fenced
  • Zoning described as R1

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,017 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Terrazzo

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Front Porch

Utilities

  • No Cooling
  • No Heating
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number P-06-37-30-040-0050-0110

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,298

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • Directions: Hwy 27 and Interlake Blvd, turn West onto Interlake Blvd, Continue onto E Interlake Blvd (0.4 mi / 1 min), Turn left onto S Pine S/S Pne Ave (0.1 mi / 1 min), Turn left at the 3rd cross street onto E Royal Palm St, Destination will be on the right (121 ft / 1 min)
  • Architectural Style: One Story
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1960
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood, Terrazzo
  • Living Area: 1017.0

Exterior Features

  • Pool Features: None
  • Construction Type: Frame
  • Exterior Features: Fence
  • Patio And Porch Features: Front Porch, Open
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Two Spaces

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: None
  • Utilities: Sewer Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7740.0
  • Additional Parcels Description: ,,
  • Parcel #: P-06-37-30-040-0050-0110
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1297.64
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Mar 4, 2025
Sold by
Orozco Irma Sofia
Bought by
Cabrera Rosa D and Cabrera Francisco Rafael
Seller's Agent
Sofia Orozco
COMPTON REALTY
Buyer's Agent
Blanqui Schneider
LPT Realty LLC
List Price
$160,000
Sold Price
$140,000
Premium/Discount to List
-$20,000
-12.5%
Views
80
Current Estimated Value
$144,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,699
Avg. Annual Appreciation
4.01%
Original Mortgage
$135,327
Outstanding Balance
$134,295
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$10,404

Purchase Details

Closed on
Jun 21, 2005
Sold by
Puppala Kalpana
Bought by
Orozco Francisco and Orozco Irma Sofia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2003
Sold by
Inman Ralph B and Inman Guadalupe
Bought by
Puppala Kalpana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
5.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2000
Sold by
Hunter Aubrey H
Bought by
Inman Ralph B and Inman Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
8.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $140,000 Lakeview Title
Warranty Deed $78,000 Security First Title Partner
Warranty Deed $40,000 South Ridge Abstract & Title
Warranty Deed $38,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $135,327 FHA
Previous Owner $62,400 Purchase Money Mortgage
Previous Owner $32,000 Purchase Money Mortgage
Previous Owner $68,400 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2025 03/04/25 Sold $140,000 -3.4% $138 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
10/24/2024 10/24/24 Price Changed $145,000 -9.4% $143 / Sq Ft
10/23/2024 10/23/24 For Sale $160,000 0.0% $157 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
10/02/2024 10/02/24 Price Changed $160,000 -8.6% $157 / Sq Ft
09/20/2024 09/20/24 For Sale $175,000 -- $172 / 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
2025 $1,332 $83,617 $5,880 $77,737
2024 $1,298 $79,200 $4,116 $75,084
2023 $1,298 $47,420 $0 $0
2022 $1,141 $63,715 $4,116 $59,599
2021 $1,071 $52,910 $4,116 $48,794
2020 $970 $45,241 $0 $0
2019 $867 $34,156 $0 $0
2018 $809 $29,444 $0 $0
2017 $789 $29,903 $0 $0
2016 $749 $27,140 $0 $0
2015 $921 $27,403 $0 $0
2014 $721 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 307517

Heartland Association of REALTORS®

APN: P-06-37-30-040-0050-0110