NOT LISTED FOR SALE

1601 Elm Terrace Lake Placid, FL 33852

Sylvan Shores Neighborhood

Estimated Value: $186,000 - $273,000

3 Beds
2 Baths
1,639 Sq Ft
$137/Sq Ft Est. Value

Last Sold October 30, 2013

Last sale price $38,000 $23 Per Sq Ft

Est. 493% increase in value since last sale

Current estimated payment $1,278/month

34 Days on Market

About This Home

As of October 2013

HUD Home. Case #093-485682. Three bedroom, 2 bath home located near waterfron properties. Near shopping.

Last Agent to Sell the Property

Robert Ekdahl

MIROMAR REALTY LLC License #3013015 Listed on: 08/15/2013

Last Buyer's Agent

James LaBudde

License #3016653

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $931

Year Built

  • Built in 1988

Lot Details

  • 0.25

Home Design

  • 1,639 Sq Ft Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 0.25 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Sylvan Shores Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$931

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1639
  • New Construction: No
  • Year Built: 1988
  • Directions to Property: Take Lake Clay Drive to Oak Avenue. Left on Elm
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=C7046447&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=C7046447&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 0
  • Ratio: Close Price\List Price: 0.84444
  • Price per Sq Ft: 23.18
  • Close to Original List Price Ratio: 0.84444
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 2
  • Interior Amenities: Other
  • Appliances Included: Other
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 1601
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None
  • Open Parking: No

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: 0
  • Parcel Number: C 29 36 30 040 0000 1870
  • Additional Parcels: No
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Expected Lease Date: 2013-10-30T04:00:00.000Z

Tax Info

  • Tax Block: 0
  • Tax Book Number: 7/13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2018
Sold by
Grant Danny L
Bought by
Amundsen Ashley
Current Estimated Value
$225,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$859,141
Outstanding Balance
$746,258
Interest Rate
4.22%
Mortgage Type
FHA
Estimated Equity
-$519,258

Purchase Details

Closed on
Feb 20, 2015
Sold by
Mcelfresh James R and Mcelfresh Mickey E
Bought by
Grant Danny L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,200
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2013
Closed on
Dec 13, 2013
Sold by
Jeremiahs International Trading Company
Bought by
Mcelfresh James R and Mcelfresh Mickey E
Seller's Agent
Robert Ekdahl
MIROMAR REALTY LLC
Buyer's Agent
James LaBudde
List Price
$45,000
Sold Price
$38,000
Premium/Discount to List
-$7,000
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.24%

Purchase Details

Listed on
Aug 15, 2013
Closed on
Oct 23, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Jeremiahs International Trading Co Inc
Seller's Agent
Robert Ekdahl
MIROMAR REALTY LLC
Buyer's Agent
James LaBudde
List Price
$45,000
Sold Price
$38,000
Premium/Discount to List
-$7,000
-15.56%

Purchase Details

Closed on
May 30, 2013
Sold by
Midfirst Bank
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Nov 29, 2000
Sold by
Scigliano and Loretta
Bought by
Blanchette Paul and Blanchette Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,468
Interest Rate
7.79%
Mortgage Type
FHA
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
Amundsen Ashley $87,500 South Ridge Abstract & Title
Grant Danny L $49,000 --
Grant Danny L $49,000 --
Mcelfresh James R $50,000 National Title Solutions Inc
Jeremiahs International Trading Co Inc $38,000 Island Title Services Inc
The Secretary Of Housing & Urban Develop -- Attorney
Midfirst Bank -- None Available
Blanchette Paul $60,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amundsen Ashley $7,854
Open Amundsen Ashley $859,141
Previous Owner Grant Danny L $39,200
Previous Owner Blanchette Paul $3,174
Previous Owner Blanchette Paul $4,323
Previous Owner Blanchette Paul $60,468
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2013 10/30/13 Sold $38,000 -15.6% $23 / Sq Ft
09/19/2013 09/19/13 Pending -- -- --
08/15/2013 08/15/13 For Sale $45,000 -- $27 / 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 $931 $88,190 -- --
2023 $931 $85,621 $0 $0
2022 $901 $83,127 $0 $0
2021 $888 $80,706 $0 $0
2020 $851 $80,289 $0 $0
2019 $822 $78,484 $0 $0
2018 $1,296 $75,073 $0 $0
2017 $1,156 $66,120 $0 $0
2016 $1,055 $54,416 $0 $0
2015 $968 $50,849 $0 $0
2014 $965 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Robert Ekdahl

    MIROMAR REALTY LLC

    (239) 244-8858

    56 Total Sales

    Robert Ekdahl
    Section Image

  • J

    Buyer's Agent in 2013

    James LaBudde

See All Agents

Map

Source: Stellar MLS

MLS Number: C7046447

Stellar MLS

APN: C-29-36-30-040-0000-1870

Florida Highlands County Lake Placid 33852 Sylvan Shores

1601 Elm Terrace, Lake Placid, FL

This home is located at 1601 Elm Terrace, Lake Placid, FL 33852 since 15 August 2013 and is currently estimated at $225,154, approximately $137 per square foot. This property was built in 1988. 1601 Elm Terrace 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.

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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