NOT LISTED FOR SALE

20 Victory Way Lake Placid, FL 33852

Estimated Value: $481,417 - $508,000

4 Beds
3.5 Baths
2,444 Sq Ft
$202/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $470,000 $192 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,937/month

3 Days on Market

Highlights

  • Lake Front
  • No HOA
  • Views
  • Cathedral Ceiling
  • Covered Patio or Porch
  • Home Security System

About This Home

As of April 2023

AFFORDABLE LAKE LIVING! This 4 bedroom, 3.5 bath home is situated on sandy bottomed Lake Saddlebags in fabulous Lake Placid Florida. The minute you pull up to this house you will instantly know....THIS is the one! Upon entering the home the views of the lake through the glass windows that fill the back of the house will take your breath away. Open concept living with high cathedral ceilings make this spacious home perfect for entertaining. The tile in the home is gorgeous and the way it is laid in the bedrooms is a work of art! NO CARPET:) The kitchen features wood cabinetry,a large walk in pantry, stainless steel appliances and a butcher block counter right next to the stove that makes prepping easy. The living room opens to another room with stunning views of the lake and its own 1/2 bath making this floor plan super versatile. Office? Game room? Play room? YOU CHOOSE! Off the living room is the first bedroom with direct access to the public bathroom. One side of the home features 2 large bedrooms and a jack and jill bathroom. The other side is all about the master bedroom. Imagine waking up to those views every morning!!! The walk through closet has shelving and leads to the master bathroom with double vanity, shower and a Jacuzzi tub. The utility room is off the garage and is HUGE with newer washer and dryer and built in-fold down ironing board. Central vac and thermopane windows too!!! The garage is an over sized side entry so there's lots of room. Off the garage is a fenced dog run so even furry friends have their own spaces! Outside, enjoy evenings by the fire pit overlooking the lake or stroll down to the gazebo and enjoy a cool beverage. Feeling adventurous? Kayak, canoe, fish or paddle board in your lake front freshwater, sandy bottomed paradise. You could put in a beach and some chairs and relax by the water! Lake living CAN be yours in this stunning affordable home.

Last Agent to Sell the Property

Lisa Frantz

LPT Realty LLC License #3307048 Listed on: 03/22/2023

LPT Realty LLC

Last Buyer's Agent

Lisa Frantz

LPT Realty LLC License #3307048 Listed on: 03/22/2023

LPT Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,889

Year Built

  • Built in 2003

Lot Details

  • 0.33 Acre Lot
  • Lake Front

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,444 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Single Hung Windows
  • Blinds
  • Tile Flooring
  • Home Security System
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Sewer Not Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number P-31-36-30-140-0020-0010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,889

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.33
  • Road Surface Type: Paved
  • Water Body Name: Saddlebags
  • Directions: US 27 TO EAST ON CR 621 TO RIGHT ON VICTORY WAY TO 1ST HOME ON RIGHT.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2003
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Tile
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Central Vacuum, Cable TV
  • Living Area: 2444.0
  • Window Features: Insulated Windows, Single Hung, Blinds

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Security: Security System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: None, Septic Tank
  • Utilities: Cable Available, Sewer Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 14520.0
  • Additional Parcels Description: ,,
  • Parcel #: P-31-36-30-140-0020-0010
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3888.88
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Apr 6, 2023
Sold by
Bell Joel
Bought by
Agraz Jesus Garcia and Mendoza Guadalupe Gonzalez
Seller's Agent
Lisa Frantz
LPT Realty LLC
Buyer's Agent
Lisa Frantz
LPT Realty LLC
List Price
$480,000
Sold Price
$470,000
Premium/Discount to List
-$10,000
-2.08%
Views
2
Current Estimated Value
$493,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,604
Avg. Annual Appreciation
1.88%

Purchase Details

Closed on
Jan 19, 2023
Sold by
Bell Joel and Bell Nicole
Bought by
Bell Joel

Purchase Details

Closed on
May 8, 2020
Sold by
Jordan Craig A and Jordan Joanne
Bought by
Bell Joel David and Bell Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 29, 2018
Closed on
Nov 26, 2018
Sold by
Todd Jennifer L and Todd Adam
Bought by
Jordan Craig and Jordan Joanne
Seller's Agent
Kevin & Teresa Bock
RE/MAX REALTY PLUS
Buyer's Agent
Kevin & Teresa Bock
RE/MAX REALTY PLUS
List Price
$274,900
Sold Price
$240,000
Premium/Discount to List
-$34,900
-12.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%
Original Mortgage
$216,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2013
Closed on
Feb 22, 2013
Sold by
Valentine Brett W and Valentine Holly D
Bought by
Todd Jennifer L
Seller's Agent
Jeanne Warner
Prestige Realty of Florida
Buyer's Agent
Kevin & Teresa Bock
RE/MAX REALTY PLUS
List Price
$210,000
Sold Price
$195,000
Premium/Discount to List
-$15,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%

Purchase Details

Closed on
Feb 15, 2002
Sold by
Templin Paula R
Bought by
Valentine Brett W and Valentine Holly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,700
Interest Rate
8%

Purchase Details

Closed on
Jun 26, 2000
Sold by
Shives Jack R and Shives Janet K
Bought by
Templin Paula R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Agraz Jesus Garcia $470,000 None Listed On Document
Bell Joel -- --
Bell Joel David $275,000 Attorney
Jordan Craig $240,000 Heartland Title Ins Agency C
Todd Jennifer L $195,000 Attorney
Valentine Brett W $30,000 --
Templin Paula R $25,000 South Ridge Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bell Joel David $165,000
Previous Owner Jordan Craig $216,000
Previous Owner Valentine Brett W $30,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2023 04/06/23 Sold $470,000 -2.1% $192 / Sq Ft
03/26/2023 03/26/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $480,000 +100.0% $196 / Sq Ft
11/30/2018 11/30/18 Sold $240,000 -12.7% $106 / Sq Ft View Prior Sale
10/20/2018 10/20/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $274,900 +41.0% $121 / Sq Ft
02/22/2013 02/22/13 Sold $195,000 -7.1% $86 / Sq Ft View Prior Sale
01/22/2013 01/22/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $210,000 -- $93 / 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 $3,965 $392,497 $88,500 $303,997
2023 $3,965 $255,107 $0 $0
2022 $3,889 $247,677 $0 $0
2021 $3,936 $240,463 $31,860 $208,603
2020 $3,115 $164,689 $0 $0
2019 $3,217 $157,292 $0 $0
2018 $2,885 $178,162 $0 $0
2017 $2,756 $174,498 $0 $0
2016 $2,750 $170,909 $0 $0
2015 $2,742 $169,721 $0 $0
2014 $2,731 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 293530

Heartland Association of REALTORS®

APN: P-31-36-30-140-0020-0010