NOT LISTED FOR SALE

Estimated Value: $269,000 - $311,000

3 Beds
2 Baths
1,619 Sq Ft
$180/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $285,000 $176 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,865/month

161 Days on Market

Highlights

  • Home fronts a canal
  • Powered Boats Allowed
  • Screened Porch
  • Engineered Wood Flooring
  • No HOA
  • Central Heating and Cooling System

About This Home

As of February 2024

Here is your chance to own a canal home leading to Lake Clay. The front of this home faces Lake Clay which is a 353 acre freshwater lake. The house has a canal that leads to Lake Clay in the back yard along with a small dock. New roof 2022 (permit). Enter this home through a screen porch entry with a solid glass storm door and a 7' x 7' entry foyer with large coat closet. It opens into a great room with cathedral ceilings and a very large open floor plan where the kitchen overlooks the dining and living areas. It is a split bedroom plan with the master suit on one side and the two guest rooms are on the other side. The bathrooms are in good condition, however they are a bit dated. The enclosed lanai is under air and allows for extended living space and entertaining. There is also a screened porch with the view of the spacious back yard and canal. This home is located in Lake Placid which boasts nearly 50 outdoor murals adorning it's historic downtown buildings, and known as the Caladium Capital of the World. Lake Clay is great for fishing and watersports and has two public access boat ramps. Seller is a Florida Licensed Realtor, however, Not the listing agent.

Last Agent to Sell the Property

Nancy Newman May PA

ADVANTAGE REALTY #1 License #3406733 Listed on: 07/20/2023

Last Buyer's Agent

SEBRING NON MLS

NON-MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,836

Year Built

  • Built in 1988

Lot Details

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

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,619 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Single Hung Windows
  • Screened Porch
  • Canal Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Engineered Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Sewer Not Available
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number C-29-36-30-050-0000-0210

Community Details

Overview

  • No Home Owners Association

Recreation

  • Powered Boats Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,836

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Canal
  • Lot Size Acres: 0.26
  • Road Surface Type: Paved
  • Water Body Name: Clay
  • Directions: From US 27 & Hammock Road. Head South on US 27 toward Lake Placid. Turn (L) on LaGrow. Turn (L) onto Lake Clay. House will be on your left.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1988
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Laminate, Simulated Wood, Tile
  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Unfurnished
  • Living Area: 1619.0
  • Window Features: Single Hung

Exterior Features

  • Pool Features: None
  • View: Canal, Lake
  • View: Yes
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Patio
  • Patio And Porch Features: Rear Porch, Covered, Front Porch, Screened, Patio
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: None, Septic Tank
  • Utilities: High Speed Internet Available, Sewer Not Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Amenities: Powered Boats Allowed
  • Association: No

Lot Info

  • Lot Size Sq Ft: 11250.0
  • Additional Parcels Description: ,,
  • Parcel #: C-29-36-30-050-0000-0210
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2835.92
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Feb 8, 2024
Sold by
Equity Trust Co
Bought by
Mchenry Luke Oscar Lee
Seller's Agent
Nancy Newman May PA
ADVANTAGE REALTY #1
Buyer's Agent
SEBRING NON MLS
NON-MLS OFFICE
List Price
$309,000
Sold Price
$285,000
Premium/Discount to List
-$24,000
-7.77%
Views
189
Current Estimated Value
$292,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,191
Avg. Annual Appreciation
3.26%
Original Mortgage
$279,837
Outstanding Balance
$275,445
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$24,354

Purchase Details

Listed on
Jan 31, 2022
Closed on
Feb 25, 2022
Sold by
Paul Mutchler Gary and Rae Donna
Bought by
Equity Trust Company Custodian
Seller's Agent
Sara Pipal
INACTIVE
Buyer's Agent
SEBRING NON MLS
NON-MLS OFFICE
List Price
$299,900
Sold Price
$299,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.57%

Purchase Details

Closed on
Sep 9, 2010
Sold by
Groll Dorothy N
Bought by
Mutchler Gary Paul and Mutchler Donna Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,768
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2002
Sold by
Vanhowe Howard and Vanhowe Dorothy
Bought by
Groll George W and Groll Dorothy N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2000
Sold by
Lamberti Vincent James
Bought by
Vanhowe Howard and Vanhowe Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
8.1%
Source: Public Records

Range of Values:

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Average Value
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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
Mchenry Luke Oscar Lee $285,000 None Listed On Document
Equity Trust Co $100 None Listed On Document
Equity Trust Company Custodian $299,000 Capstone Title
Mutchler Gary Paul $108,000 Attorney
Groll George W $117,000 --
Vanhowe Howard $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mchenry Luke Oscar Lee $279,837
Previous Owner Mutchler Gary P $78,768
Previous Owner Groll Dorothy N $100,000
Previous Owner Groll George W $117,000
Previous Owner Vanhowe Howard $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $285,000 0.0% $176 / Sq Ft
12/29/2023 12/29/23 Pending -- -- --
11/29/2023 11/29/23 Price Changed $285,000 -4.7% $176 / Sq Ft
11/22/2023 11/22/23 Price Changed $299,000 -0.3% $185 / Sq Ft
11/16/2023 11/16/23 Price Changed $300,000 -2.9% $185 / Sq Ft
11/09/2023 11/09/23 For Sale $309,000 0.0% $191 / Sq Ft
10/05/2023 10/05/23 Off Market $309,000 -- --
07/20/2023 07/20/23 For Sale $309,000 0.0% $191 / Sq Ft
05/02/2022 05/02/22 Rented $1,950 0.0% --
04/02/2022 04/02/22 Under Contract -- -- --
03/31/2022 03/31/22 For Rent $1,950 0.0% --
02/25/2022 02/25/22 Sold $299,900 0.0% $185 / Sq Ft
02/12/2022 02/12/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $299,900 -- $185 / 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 $3,435 $224,504 $17,888 $206,616
2023 $3,435 $228,020 $17,888 $210,132
2022 $2,836 $179,593 $17,888 $161,705
2021 $989 $84,962 $0 $0
2020 $939 $83,789 $0 $0
2019 $907 $81,905 $0 $0
2018 $809 $75,096 $0 $0
2017 $732 $73,551 $0 $0
2016 $742 $72,038 $0 $0
2015 $707 $71,537 $0 $0
2014 $690 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 295655

Heartland Association of REALTORS®

APN: C-29-36-30-050-0000-0210