NOT LISTED FOR SALE

23 Observation St Unit 23/25 Lake Placid, FL 33852

Estimated Value: $190,000 - $251,000

4 Beds
2 Baths
1,650 Sq Ft
$135/Sq Ft Est. Value

Last Sold December 04, 2018

Last sale price $81,500 $49 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $1,318/month

Highlights

  • Central Heating and Cooling System
  • Vinyl Flooring
  • 1-Story Property
  • Lake Placid Elementary School Rated 9+

About This Home

As of December 2018

COMP PURPOSES ONLY

Last Agent to Sell the Property

SEBRING NON MLS

NON-MLS OFFICE Listed on: 10/26/2018

Last Buyer's Agent

Denyelle Dibble

RE/MAX REALTY PLUS License #3058059

RE/MAX REALTY PLUS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,178

Year Built

  • Built in 1992

Lot Details

  • 9,230

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 9,230 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number P-31-36-30-07A-0270-0240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,178

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Road Surface Type: Paved
  • Directions: US 27 south to Lake Placid, Right on Pendarvis, left on Hillcrest, right on observation
  • Architectural Style: One Story
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1992
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Vinyl
  • Living Area: 1650.0

Exterior Features

  • Construction Type: Block, Concrete
  • Patio And Porch Features: None
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Two Spaces

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 9230.0
  • Additional Parcels Description: ,,
  • Parcel #: P-31-36-30-07A-0270-0240
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1178.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2018
Closed on
Dec 4, 2018
Sold by
Mary O Sullivan
Bought by
Mezzetti & Salazar Holdings Llc
Seller's Agent
SEBRING NON MLS
NON-MLS OFFICE
Buyer's Agent
Denyelle Dibble
RE/MAX REALTY PLUS
List Price
$89,900
Sold Price
$81,500
Premium/Discount to List
-$8,400
-9.34%
Current Estimated Value
$222,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,750
Avg. Annual Appreciation
15.36%
Original Mortgage
$122,250
Outstanding Balance
$93,203
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$129,047

Purchase Details

Closed on
Jul 30, 2004
Sold by
Osullivan Mary
Bought by
Osullivan Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mezzetti & Salazar Holdings Llc $163,000 Attorney
Osullivan Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mezzetti & Salazar Holdings Llc $122,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2018 12/04/18 Sold $81,500 -9.3% $49 / Sq Ft
10/26/2018 10/26/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $89,900 -- $54 / 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 $1,822 $154,605 $6,457 $148,148
2023 $1,822 $86,831 $0 $0
2022 $1,601 $109,583 $4,520 $105,063
2021 $1,535 $100,211 $4,520 $95,691
2020 $1,279 $67,757 $0 $0
2019 $1,165 $59,306 $0 $0
2018 $1,163 $58,291 $0 $0
2017 $1,178 $67,306 $0 $0
2016 $1,028 $50,686 $0 $0
2015 $961 $46,672 $0 $0
2014 $940 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    SEBRING NON MLS

    NON-MLS OFFICE

  • Denyelle Dibble

    Buyer's Agent in 2018

    Denyelle Dibble

    RE/MAX

    (863) 381-8988

    101 Total Sales

    Denyelle Dibble
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Map

Source: Heartland Association of REALTORS®

MLS Number: 260119

Heartland Association of REALTORS®

APN: P-31-36-30-07A-0270-0240

Florida Highlands County Lake Placid 33852

23 Observation St Unit 23/25, Lake Placid, FL

Not Listed for Sale

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