NOT LISTED FOR SALE

324 E Hibiscus St Lake Placid, FL 33852

Estimated Value: $139,000 - $297,000

3 Beds
3 Baths
1,390 Sq Ft
$140/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $119,000 $86 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,220/month

3 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Front Porch
  • Lake Placid Elementary School Rated 9+
  • Jalousie or louvered window
  • Central Heating and Cooling System

About This Home

As of March 2023

2 Bedroom 2 Bath Home located in downtown lake placid. House is situated on 2 lots and Fenced in. 1/1 Studio has been added onto back of home. Great for an investment property.

Multiple offers have come in, please submit highest and best offers when submitting. Will be meeting with Owners 2/20/2023 8:30 PM to present all offers.

Last Agent to Sell the Property

Brooke Foster

Paradise Real Estate International LLC License #3234339 Listed on: 02/17/2023

Paradise Real Estate International LLC

Last Buyer's Agent

Brooke Foster

Paradise Real Estate International LLC License #3234339 Listed on: 02/17/2023

Paradise Real Estate International LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,570

Year Built

  • Built in 1945

Lot Details

  • 0.45 Acre Lot
  • Zoning described as R1A

Home Design

  • Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,390 Sq Ft Home
  • 1-Story Property
  • Jalousie or louvered window

Kitchen

  • Cooktop
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Front Porch

Schools

  • Lake Placid Elementary School
  • Lake Placid Middle School
  • Lake Placid High School

Utilities

  • Central Heating and Cooling System
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number P-06-37-30-080-0010-0040

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,570

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Road Surface Type: Paved
  • Directions: From US 27 and Interlake Blvd, Go East on E interlake Blvd, Left on E Hibiscus St House on the Corner of E Hibiscus and Spruce St.
  • Architectural Style: One Story
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1945
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dishwasher, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Hardwood, Vinyl
  • Living Area: 1390.0
  • Window Features: Jalousie

Exterior Features

  • Pool Features: None
  • Construction Type: Frame, Stucco
  • Patio And Porch Features: Front Porch, Open
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: One Space, Two Spaces

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lake Placid Elementary
  • High School: Lake Placid High
  • Middle Or Junior School: Lake Placid Middle

Lot Info

  • Lot Size Sq Ft: 19500.0
  • Additional Parcels Description: ,,
  • Parcel #: P-06-37-30-080-0010-0040
  • Zoning Description: R1A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1569.91
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Feb 25, 2023
Sold by
Jl 324 Llc
Bought by
4 Ace Holdings
Seller's Agent
Brooke Foster
Paradise Real Estate International LLC
Buyer's Agent
Brooke Foster
Paradise Real Estate International LLC
List Price
$99,000
Sold Price
$119,000
Premium/Discount to List
$20,000
20.2%
Current Estimated Value
$194,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,894
Avg. Annual Appreciation
19.65%

Purchase Details

Closed on
Jan 21, 2022
Sold by
Jc Hibiscus Holdings Llc
Bought by
Jl 324 Llc

Purchase Details

Closed on
Jun 13, 2007
Sold by
Jordancorp Llc
Bought by
Jc Hibiscus Holdings Llc

Purchase Details

Closed on
May 31, 2006
Sold by
Huffman Debra and Huffman David
Bought by
Jordancorp Llc

Purchase Details

Closed on
Dec 27, 2001
Sold by
Sheehan J Timothy
Bought by
Huffman Debra
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
4 Ace Holdings $119,000 --
Jl 324 Llc -- Nielander Law Firm Pa
Jc Hibiscus Holdings Llc -- Attorney
Jordancorp Llc $100,000 None Available
Huffman Debra -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2023 03/03/23 Sold $119,000 +20.2% $86 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $99,000 -- $71 / 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 $2,329 $114,634 $9,240 $105,394
2023 $2,329 $117,586 $9,240 $108,346
2022 $1,670 $93,803 $9,240 $84,563
2021 $1,570 $79,040 $9,240 $69,800
2020 $1,440 $70,370 $0 $0
2019 $1,287 $54,775 $0 $0
2018 $1,199 $48,231 $0 $0
2017 $1,158 $48,904 $0 $0
2016 $1,105 $45,120 $0 $0
2015 $1,070 $43,786 $0 $0
2014 $1,125 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 292865

Heartland Association of REALTORS®

APN: P-06-37-30-080-0010-0040