NOT LISTED FOR SALE

1511 Lake Clay Dr Lake Placid, FL 33852

Sylvan Shores Neighborhood

Estimated Value: $319,000 - $355,000

3 Beds
2 Baths
1,728 Sq Ft
$194/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $303,000 $175 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,973/month

18 Days on Market

Highlights

  • 0.54 Acre Lot
  • No HOA
  • Tile Flooring
  • Home fronts a canal
  • Rear Porch
  • Central Heating and Cooling System

About This Home

As of November 2022

VACATION YEAR-ROUND! This spacious split floor plan concrete block home is great for retirees, seasonal property, or a family. It's conveniently located on a half acre canal across from Lake Clay with access by waterway. This home has everything you could want in a Florida home: water access, updated windows, granite countertops, detached garage/workshop, backyard patio and a whole other lot for building/gardening/room to roam! The roof is just two years old, the seawall is strong and ready for your boat. Call today and make an appointment to buy your next Florida paradise home!

Last Agent to Sell the Property

Michael Garey

Re/max Champions License #3372222 Listed on: 10/07/2022

Re/max Champions

Last Buyer's Agent

Dawn Miller

Prestige Realty of Florida License #3290102

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $313

Year Built

  • Built in 1973

Lot Details

  • 0.54 Acre Lot
  • Home fronts a canal
  • Zoning described as R1

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-Story Property
  • Canal Views

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Rear Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Well
  • Septic Tank
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number C-29-36-30-070-0090-0110

Home Details

Home Type

Single Family

Est. Annual Taxes

$313

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Canal
  • Lot Size Acres: 0.54
  • Road Surface Type: Paved
  • Water Body Name: Clay
  • Directions: Heading north on US 27 turn right onto Lagrow Rd, turn left onto Lake Clay Dr, your destination will be on the left.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1973
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 1728.0

Exterior Features

  • Pool Features: None
  • View: Canal
  • View: Yes
  • Construction Type: Block, Concrete
  • Patio And Porch Features: Rear Porch, Open
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • 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: Private, Well

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: 23475.0
  • Additional Parcels Description: ,,
  • Parcel #: C-29-36-30-070-0090-0110
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 312.9
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Nov 14, 2022
Sold by
Olbrych Richard A
Bought by
Rifa Ruben L and Rifa Terri L
Seller's Agent
Michael Garey
Re/max Champions
Buyer's Agent
Dawn Miller
Prestige Realty of Florida
List Price
$317,000
Sold Price
$303,000
Premium/Discount to List
-$14,000
-4.42%
Views
2
Current Estimated Value
$336,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,517
Avg. Annual Appreciation
3.31%

Purchase Details

Closed on
Nov 16, 2016
Sold by
Olbrych Richard A and Olbrych Catherine A
Bought by
Olbrych Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 5, 2014
Closed on
Mar 16, 2015
Sold by
Hulsey Donald J and Hulsey Mary E
Bought by
Olbrych Richard A and Olbrych Catherine A
Seller's Agent
Patty Roberts
ADVANCED ALL SERVICE/ SEBRING
Buyer's Agent
Patty Roberts
ADVANCED ALL SERVICE/ SEBRING
List Price
$139,900
Sold Price
$115,000
Premium/Discount to List
-$24,900
-17.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.68%
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
Rifa Ruben L $303,000 Lp Title
Olbrych Richard -- Equity Land Title Llc
Olbrych Richard A $115,000 Heartland Title Insurance Ag
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olbrych Richard A $146,600
Previous Owner Olbrych Richard $155,000
Previous Owner Olbrych Richard A $100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $303,000 -4.4% $175 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $317,000 +175.7% $183 / Sq Ft
03/16/2015 03/16/15 Sold $115,000 -17.8% $67 / Sq Ft
03/03/2015 03/03/15 Pending -- -- --
12/05/2014 12/05/14 For Sale $139,900 -- $81 / 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 $1,670 $142,623 -- --
2023 $1,670 $138,469 $0 $0
2022 $326 $45,161 $0 $0
2021 $313 $43,846 $0 $0
2020 $269 $43,241 $0 $0
2019 $263 $42,269 $0 $0
2018 $257 $41,481 $0 $0
2017 $196 $40,628 $0 $0
2016 $351 $39,792 $0 $0
2015 $1,376 $76,025 $0 $0
2014 $1,296 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Garey

    Seller's Agent in 2022

    Michael Garey

    RE/MAX

    6 in this area

    157 Total Sales

    Section Image
  • Dawn Miller

    Buyer's Agent in 2022

    Dawn Miller

    Prestige Realty of Florida

    (863) 658-6460

    11 in this area

    231 Total Sales

    Section Image
  • Patty Roberts

    Seller's Agent in 2015

    Patty Roberts

    ADVANCED ALL SERVICE/ SEBRING

    (863) 381-5765

    96 Total Sales

    Section Image
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Map

Source: Heartland Association of REALTORS®

MLS Number: 289478

Heartland Association of REALTORS®

APN: C-29-36-30-070-0090-0110

Florida Highlands County Lake Placid 33852 Sylvan Shores

1511 Lake Clay Dr, Lake Placid, FL

This home is located at 1511 Lake Clay Dr, Lake Placid, FL 33852 since 07 October 2022 and is currently estimated at $335,428, approximately $194 per square foot. This property was built in 1973. 1511 Lake Clay Dr is a home located in Highlands County with nearby schools including Lake Placid High School, Lake Country Elementary 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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