NOT LISTED FOR SALE

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

Estimated Value: $221,857 - $292,000

4 Beds
2 Baths
1,650 Sq Ft
$155/Sq Ft Est. Value

Last Sold December 04, 2018

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

Est. 213% increase in value since last sale

Current estimated payment $1,580/month

Highlights

  • Central Heating and Cooling System
  • Vinyl Flooring
  • 1-Story Property

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%
Total Days on Market
0
Current Estimated Value
$255,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,964
Avg. Annual Appreciation
18.99%
Original Mortgage
$122,250
Outstanding Balance
$96,100
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$157,078

Purchase Details

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

Similar Homes in Lake Placid, FL

  • 932 Aster St Unit 1, Lake Placid, FL 33852

    $252,900

    • 3 Beds
    • 2 Baths
    • 1,055 Sq Ft
    • 932 Aster St
    • Unit 1
    • Lake Placid, FL

    Nice newer home in laid-back Leisure Lakes, northwest of the Town of Lake Placid. Built in 2023. Three bedrooms, two bathrooms, one car garage. This home is in spotless condition. The white marble type tile flooring is very easy to maintain. You'll like the large pantry in the galley kitchen which overlooks the rear yard. There's a cathedral ceiling in the living room and dining room. The

    Gerald Meisenheimer All About Realty of Lake Placid INC

    Section Image
  • 139 & 141 Serenity Ave, Lake Placid, FL 33852

    $225,000

    • 4 Beds
    • 2 Baths
    • 1,568 Sq Ft
    • 139 & 141 Serenity Ave
    • Lake Placid, FL

    What a Great Investment opportunity, New Roof 04/2024. This 4 bedroom 2 bath Duplex is a rare find! Tenants in place on both sides! Each unit is a 2 bedroom 1 bath. Located in downtown Lake Placid close to shopping, schools and Hospital. Tenants would appreciate 24 hour notice for showings. Also Available MLS#301144

    Andrea Cranmer ADVANTAGE REALTY #1

    Section Image
  • 131 Serenity Ave, Lake Placid, FL 33852

    $225,000

    • 4 Beds
    • 2 Baths
    • 1,568 Sq Ft
    • 131 Serenity Ave
    • Lake Placid, FL

    CALLING ALL INVESTORS! NEW ROOF 03/2024! Great investment opportunity. Tenants in place on both sides! Each unit is a 2-bedroom 1 bath. Located in downtown Lake Placid close to shopping, schools and Hospital. Tenants would appreciate 24 hour notice for showings. Also Available MLS#301145

    Andrea Cranmer ADVANTAGE REALTY #1

    Section Image
  • 74 Hickory Hills Cir, Lake Placid, FL 33852

    $239,900

    • 2 Beds
    • 2 Baths
    • 1,721 Sq Ft
    • 74 Hickory Hills Cir
    • Lake Placid, FL

    GREAT OPPORTUNITY, THIS PRICED TO SELL 2 BEDROOMS AND 2 FULL BATHS WITH 1,721 SQ FT. LIVING AREA DUPLEX HOME IN A 55+ GATED COMMUNITY OF TOMOKA HEIGHTS. THIS DUPLEX FEATURES ARE THE FORMAL DOUBLE-DOOR ENTRY INTO A WIDE FOYER, LARGE OPEN FLOOR PLAN, GALLEY STYLE KITCHEN WITH CORNER WORKSPACE, WELL SIZED BEDROOMS WITH WALK-IN CLOSET, IT HAS A SCREENED IN BACK PORCH THAT BACKS UP TO A THE GREEN-BELT

    Dennis Rutledge The Pipal Group

    Section Image
See All Homes in Lake Placid

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Change Sq Ft Price
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

    106 Total Sales

    Denyelle Dibble
    Section Image
See All Agents

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

This home is located at 23 Observation St Unit 23/25, Lake Placid, FL 33852 since 26 October 2018 and is currently estimated at $255,464, approximately $154 per square foot. This property was built in 1992. 23 Observation St Unit 23/25 is a home located in Highlands County with nearby schools including Lake Placid Elementary School, Lake Placid High 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.

Nearby Homes