NOT LISTED FOR SALE

123 Observation St Lake Placid, FL 33852

Estimated Value: $205,846 - $264,000

4 Beds
2 Baths
1,956 Sq Ft
$115/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $76,650 $39 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $1,279/month

12 Days on Market

Highlights

  • No HOA
  • Lake Placid Elementary School Rated 9+
  • Central Heating and Cooling System

About This Home

As of October 2018

Investor opportunity available. Duplex with a total of 4 bedrooms and 2 baths, will need some work and your finishing touches, could be worth your efforts. Take a look today.

Last Agent to Sell the Property

April Feeser

REALHOME SERVICE & SOLUTIONS INC License #3406479 Listed on: 08/03/2018

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,015

Year Built

  • Built in 1969

Lot Details

  • 9,372

Home Design

  • 1,956 Sq Ft Home
  • Duplex
  • Block Exterior
  • Stucco

Additional Features

  • 9,372 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Original Town Lake Stearns Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,015

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1956
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1969
  • Lot Size Sq Ft: 9372
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5725071&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5725071&cview=true&show_results=true&customer_portal=true
  • Unit Count: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.99545
  • Price per Sq Ft: 39.19
  • Close to Original List Price Ratio: 0.99545
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: 84

Interior Features

  • Living Area Units: Square Feet
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12055C0386C

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: No

Lot Info

  • Zoning: R2
  • Parcel Number: P-31-36-30-07A-0270-0350
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2015-11-18
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1015
  • Tax Block: 27
  • Tax Book Number: 1-
  • Tax Lot: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2018
Closed on
Sep 14, 2018
Sold by
Citibank Na
Bought by
Guzman Rosaura
Seller's Agent
April Feeser
REALHOME SERVICE & SOLUTIONS INC
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$77,000
Sold Price
$76,650
Premium/Discount to List
-$350
-0.45%
Current Estimated Value
$225,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,562
Avg. Annual Appreciation
16.29%
Original Mortgage
$52,500
Outstanding Balance
$39,174
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$186,038

Purchase Details

Closed on
Jun 26, 2018
Sold by
Bruner Steven G and Williams Terrence B
Bought by
Citibank Na As and American Home Mortgage Assets Trust
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 Buyer Sale Price Title Company
Guzman Rosaura $76,700 Premium Title Services Inc
Citibank Na As $46,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guzman Rosaura $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2018 10/15/18 Sold $76,650 0.0% $39 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
08/13/2018 08/13/18 Off Market $76,650 -- --
08/03/2018 08/03/18 For Sale $77,000 -- $39 / Sq Ft
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 $1,112 $104,868 -- --
2023 $1,112 $101,814 $0 $0
2022 $1,080 $98,849 $0 $0
2021 $1,073 $95,970 $4,520 $91,450
2020 $1,218 $63,716 $0 $0
2019 $1,105 $55,058 $0 $0
2018 $1,044 $53,541 $0 $0
2017 $1,015 $62,404 $0 $0
2016 $875 $45,822 $0 $0
2015 $779 $37,432 $0 $0
2014 $760 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5725071

Stellar MLS

APN: P-31-36-30-07A-0270-0350

Florida Highlands County Lake Placid 33852

123 Observation St, Lake Placid, FL

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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