NOT LISTED FOR SALE

4 Private Dr Lake Placid, FL 33852

Estimated Value: $137,000 - $380,000

2 Beds
2 Baths
927 Sq Ft
$242/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $280,000 $302 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $1,279/month

4 Days on Market

Highlights

  • Lake Front
  • Front Porch
  • Views
  • Lake Placid Elementary School Rated 9+
  • Cooling System Mounted In Outer Wall Opening
  • Terrazzo Flooring

About This Home

As of August 2020

Calling all Lake Lovers. Here's your chance to own two cottages with access to the buildable lakefront lot on Lake June. Very rare opportunity! The cottages are perfect for weekend or seasonal getaways. Super causal with original terrazzo floor in one and beautiful wood plank beamed ceilings in both. Built in 1955 both cottages have a great vintage vibe. Priced to allow the new owner to put their personal touch to each. Comes with the extra lot on Lake June which can be used for a third home. Could be a great investment as rentals or consider buying with friends or family. Each parcel has its own parcel number and can be owned separately but they are being sold as a package. Concrete block construction with wood siding overlay on one. Lake June is a 3,300 acre sand bottom clear lake popular for fishing, swimming and water sports. One of the premier lakes in our area. Cottage #4 is 927 sq ft, Cottage #8 is 696 sq ft and the lot #11 is 50' x 112'. Don't hesitate or you'll miss it!

Last Agent to Sell the Property

Debbie McCullough

Paradise Real Estate International LLC License #685819 Listed on: 07/16/2020

Last Buyer's Agent

Debbie McCullough

Paradise Real Estate International LLC License #685819 Listed on: 07/16/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $815

Year Built

  • Built in 1955

Lot Details

  • 4,050 Sq Ft Lot
  • Lake Front
  • Additional Parcels

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 927 Sq Ft Home
  • 1-Story Property
  • Property Views

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Linoleum
  • Terrazzo

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Front Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Window Unit Heating System
  • Private Water Source
  • Well
  • Septic Tank
  • Sewer Not Available

Community Details

  • Water Sports

Listing and Financial Details

  • Assessor Parcel Number C-25-36-29-A00-0050-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$815

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.09
  • Road Surface Type: Paved
  • Water Body Name: June
  • Directions: US HWY 27 then West on Lake June Road. Continue to Private Dr on the left to first and second cottage on the left. Continue straight to the vacant lot on Lake June.
  • Architectural Style: One Story
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1955
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Linoleum, Terrazzo
  • Living Area: 927.0

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway, On Street

Utilities

  • Cooling: 1 Unit, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: None, Septic Tank
  • Utilities: Sewer Not Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Water Sports

Lot Info

  • Lot Size Sq Ft: 4050.0
  • Additional Parcels Description: C-25-36-29-A00-0060-0000,C-25-36-29-010-0000-0010,
  • Additional Parcels: Yes
  • Parcel #: C-25-36-29-A00-0050-0000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 815.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Aug 21, 2020
Sold by
Fegers Thomas A
Bought by
Private Drive Properties Llc
Seller's Agent
Debbie McCullough
Paradise Real Estate International LLC
Buyer's Agent
Debbie McCullough
Paradise Real Estate International LLC
List Price
$329,900
Sold Price
$280,000
Premium/Discount to List
-$49,900
-15.13%
Current Estimated Value
$224,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,748
Avg. Annual Appreciation
-4.04%
Original Mortgage
$200,000
Outstanding Balance
$176,614
Interest Rate
3%
Mortgage Type
Balloon
Estimated Equity
$47,638

Purchase Details

Closed on
Jun 5, 2015
Sold by
Fegers E Ruth
Bought by
Fegers Thomas A and Fegers Kathleen A

Purchase Details

Closed on
Feb 26, 2001
Sold by
Fegers Fegers R and Fegers Ruth E
Bought by
Fegers Thomas A and Fegers Kathleen A
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Private Drive Properties Llc $280,000 Rider & Thompson Pa
Private Drive Properties Llc $280,000 Attorney
Fegers Thomas A -- Attorney
Fegers Thomas A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Private Drive Properties Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2020 08/21/20 Sold $280,000 -15.1% $302 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $329,900 -- $356 / 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
2025 $1,278 $85,972 $4,550 $81,422
2024 $1,194 $83,056 $4,550 $78,506
2023 $1,194 $63,413 $0 $0
2022 $1,093 $62,758 $4,550 $58,208
2021 $979 $49,261 $4,550 $44,711
2020 $780 $37,930 $0 $0
2019 $815 $41,779 $0 $0
2018 $759 $36,982 $0 $0
2017 $738 $38,561 $0 $0
2016 $652 $28,695 $0 $0
2015 $586 $26,826 $0 $0
2014 $595 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 273758

Heartland Association of REALTORS®

APN: C-25-36-29-A00-0050-0000