NOT LISTED FOR SALE

500 Lake Groves Rd NW Lake Placid, FL 33852

Placid Lakes Neighborhood

Estimated Value: $203,000 - $262,000

4 Beds
4 Baths
1,888 Sq Ft
$126/Sq Ft Est. Value

About This Home

This home is located at 500 Lake Groves Rd NW, Lake Placid, FL 33852 and is currently estimated at $238,684, approximately $126 per square foot. 500 Lake Groves Rd NW is a home located in Highlands County with nearby schools including Lake Placid High School, Lake Placid Elementary School, and Lake Placid Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2020
Sold by
9057Lyons Llc
Bought by
1010 Capital Llc
Current Estimated Value
$238,684

Purchase Details

Closed on
May 9, 2017
Sold by
T & M Properties Of Lake Place Llc
Bought by
9057 Lyons Llc

Purchase Details

Closed on
Feb 4, 2011
Sold by
Wauchula State Bank
Bought by
T & M Properties Of Lake Placid L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
4.76%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 9, 2010
Sold by
Sueppel William L and Sueppel Tammy L
Bought by
Wauchula State Bank

Purchase Details

Closed on
May 27, 2005
Sold by
Grosbeck Robert
Bought by
Sueppel William L and Sueppel Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 2002
Sold by
Chapman Michael and Chapman Peggy
Bought by
Grosbeck Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,200
Interest Rate
6.85%
Source: Public Records

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.

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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.

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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.

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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.

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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
1010 Capital Llc $128,500 Attorney
9057 Lyons Llc $724,000 Attorney
T & M Properties Of Lake Placid L L C $42,000 Attorney
Wauchula State Bank -- None Available
Sueppel William L $100,000 South Ridge Abstract & Title
Grosbeck Robert $59,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner T & M Properties Of Lake Placid L L C $42,000
Previous Owner Sueppel William L $80,000
Previous Owner Grosbeck Robert $47,200
Source: Public Records

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 $2,323 $175,002 $11,850 $163,152
2023 $2,323 $101,824 $0 $0
2022 $1,950 $109,675 $7,900 $101,775
2021 $1,786 $84,152 $4,444 $79,708
2020 $1,525 $77,819 $0 $0
2019 $1,362 $60,182 $0 $0
2018 $1,343 $58,518 $0 $0
2017 $1,215 $58,460 $0 $0
2016 $1,103 $44,219 $0 $0
2015 $956 $38,890 $0 $0
2014 $919 $0 $0 $0
Source: Public Records

Map

Florida Highlands County Lake Placid 33852 Placid Lakes

500 Lake Groves Rd NW, Lake Placid, FL

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