NOT LISTED FOR SALE

139 Lake Rachard Dr Lake Placid, FL 33852

Estimated Value: $119,000 - $165,000

2 Beds
1 Bath
784 Sq Ft
$172/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $139,000 $177 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $842/month

1 Day on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Tile Flooring
  • Lake Placid Elementary School Rated 9+
  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

About This Home

As of August 2023

This is a 2-bed, 1-bath half duplex. This property provides optimum living space with an open living room and kitchen. The hallway leads into the split bedrooms with a full bathroom in between. This property is in a non-flood zone and has no HOA fees. This property is surrounded by many lakes with public boat slips and plenty of fishing spots. Some walking distance some a couple minutes drive.
PROPERTY IS CURRENTLY OCCUPIED. PLEASE DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Jorge Vazquez

Graystone Real Estate, LLC License #3334101 Listed on: 06/27/2023

Last Buyer's Agent

Jorge Vazquez

Graystone Real Estate, LLC License #3334101 Listed on: 06/27/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $972

Year Built

  • Built in 1979

Lot Details

  • 3,952 Sq Ft Lot
  • Zoning described as R2

Home Design

  • Villa
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 784 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Window Unit Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number P-36-36-29-210-00C0-0040

Home Details

Home Type

Single Family

Est. Annual Taxes

$972

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Villa
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • Directions: Take US Hwy 27 S to Lake June Rd 18 min (14.1 mi) Take County Rd 17 N and N Main Ave to Lake Rachard Dr in Lake Placid 6 min (2.2 mi) 139 Lake Rachard Dr Lake Placid, FL 33852
  • Architectural Style: One Story
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1979
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 784.0

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • Patio And Porch Features: Covered
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway, On Street

Utilities

  • Cooling: 1 Unit, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 3952.0
  • Additional Parcels Description: ,,
  • Parcel #: P-36-36-29-210-00C0-0040
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 972.31
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2023
Closed on
Jul 31, 2023
Sold by
Graystone Investment Group Llc
Bought by
Maridale Properties Llc
Seller's Agent
Jorge Vazquez
Graystone Real Estate, LLC
Buyer's Agent
Jorge Vazquez
Graystone Real Estate, LLC
List Price
$150,000
Sold Price
$139,000
Premium/Discount to List
-$11,000
-7.33%
Views
12
Current Estimated Value
$134,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,018
Avg. Annual Appreciation
-0.18%
Original Mortgage
$89,625
Outstanding Balance
$87,724
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$50,743

Purchase Details

Closed on
May 6, 2022
Sold by
D & S Sunshine Rentals Ltd
Bought by
Graystone Investment Group Llc

Purchase Details

Closed on
Sep 24, 2021
Sold by
Graystone Investment Group Llc
Bought by
D & S Sunshine Rentals Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 7, 2005
Sold by
Camtech Investments Llc
Bought by
Ollet John A and Ollet Blanca Margarita

Purchase Details

Closed on
Jun 1, 2004
Sold by
Ellis James P
Bought by
Camtech Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.89%
Mortgage Type
Seller Take Back
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
Maridale Properties Llc $119,500 Amz Title
Graystone Investment Group Llc $99,658 New Title Company Name
D & S Sunshine Rentals Ltd $180,000 Amz Title Llc
Ollet John A $99,900 South Ridge Abstract & Title
Camtech Investments Llc $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maridale Properties Llc $89,625
Previous Owner D & S Sunshine Rentals Ltd $144,000
Previous Owner Graystone Investment Group Llc $25,400
Previous Owner Camtech Investments Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $139,000 -7.3% $177 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
06/27/2023 06/27/23 For Sale $150,000 -- $191 / 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 $1,347 $67,919 $1,908 $66,011
2023 $1,347 $63,197 $1,908 $61,289
2022 $972 $41,535 $1,908 $39,627
2021 $788 $29,308 $1,908 $27,400
2020 $768 $29,232 $0 $0
2019 $719 $26,175 $0 $0
2018 $700 $26,738 $0 $0
2017 $649 $24,344 $0 $0
2016 $602 $19,605 $0 $0
2015 $575 $19,027 $0 $0
2014 $562 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jorge Vazquez

    Graystone Real Estate, LLC

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Map

Source: Heartland Association of REALTORS®

MLS Number: 295282

Heartland Association of REALTORS®

APN: P-36-36-29-210-00C0-0040

Florida Highlands County Lake Placid 33852

139 Lake Rachard Dr, Lake Placid, FL

This home is located at 139 Lake Rachard Dr, Lake Placid, FL 33852 since 27 June 2023 and is currently estimated at $134,982, approximately $172 per square foot. This property was built in 1979. 139 Lake Rachard Dr is a home located in Highlands County with nearby schools including Lake Placid Elementary School, Lake Placid High School, and Lake Placid Middle School.

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.

Heartland Association of REALTORS® 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.

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