NOT LISTED FOR SALE

501 Reba Dr Lake Placid, FL 33852

Estimated Value: $33,640 - $69,000

0.27 Acre
$179,804 Price per Acre
11,761 Sq Ft Lot

Last Sold March 10, 2023

Last sale price $31,000

Est. 57% increase in value since last sale

Current estimated payment $265/month

36 Days on Market

Highlights

  • No HOA
  • Lake Placid Elementary School Rated 9+
  • Interior Lot

About This Lot

As of March 2023

BEAUTIFUL LOT OVERLOOKING THE SHORES OF LAKE SADDLEBAGS! This high and dry .27 acre parcel is high and dry and situated in the heart of Lake Placid on a quiet paved road. Come take a look and envision waking to glorious lakefront sunrises every morning!

Last Agent to Sell the Property

Matt Christian

Home Town Realty Pros License #3245256 Listed on: 01/18/2023

Last Buyer's Agent

SEBRING NON MLS

NON-MLS OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $108

Lot Details

  • 0.27 Acre Lot
  • Interior Lot
  • Zoning described as R1A

Location

  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number C-06-37-30-140-0020-0030

Property Details

Property Type

Land

Est. Annual Taxes

$108

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.27
  • Road Surface Type: Paved
  • Directions: FROM INTERSECTION OF U.S. 27 & HWY. 98/66, HEAD SOUTH TO LEFT ON E ROAYL PALM, RIGHT ON MARGINAL ACCESS RD, LEFT ON FAYE, RIGHT ON REBA TO PROPERTY ON LEFT.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: City Lot, Interior Lot, Public Road

Utilities

  • Utilities: See Remarks

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 11625.0
  • Additional Parcels Description: ,,
  • Parcel #: C-06-37-30-140-0020-0030
  • Zoning Description: R1A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 107.58
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Mar 8, 2023
Sold by
Kilpatrick Gary W and Kilpatrick Diane H
Bought by
Schomberg Patrick and Schomberg Brigitte
Seller's Agent
Matt Christian
Home Town Realty Pros
Buyer's Agent
SEBRING NON MLS
NON-MLS OFFICE
List Price
$39,900
Sold Price
$31,000
Premium/Discount to List
-$8,900
-22.31%
Views
166
Current Estimated Value
$48,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,547
Avg. Annual Appreciation
17.86%

Purchase Details

Closed on
Jul 30, 2004
Sold by
Kilpatrick Gary W and Kilpatrick Diane H
Bought by
Kilpatrick Gary W and Kilpatrick Diane H

Purchase Details

Closed on
Jul 1, 2004
Sold by
Puran Mahabir
Bought by
Kilpatrick Gary W and Kilpatrick Diane H

Purchase Details

Closed on
Aug 14, 2003
Sold by
Accornero Harry and Accornero Carol
Bought by
Puran Mahabir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
7%
Mortgage Type
Seller Take Back
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
Schomberg Patrick $31,000 --
Kilpatrick Gary W -- --
Kilpatrick Gary W $30,000 South Ridge Abstract & Title
Puran Mahabir $15,000 Security First Title Partner
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Puran Mahabir $8,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2023 03/10/23 Sold $31,000 -22.3% --
01/18/2023 01/18/23 For Sale $39,900 -- --
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 $105 $5,612 $5,612 --
2023 $105 $5,612 $5,612 $0
2022 $105 $5,612 $5,612 $0
2021 $108 $5,612 $5,612 $0
2020 $109 $5,612 $0 $0
2019 $128 $7,015 $0 $0
2018 $128 $7,015 $0 $0
2017 $111 $7,015 $0 $0
2016 $114 $7,015 $0 $0
2015 $116 $7,015 $0 $0
2014 $117 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Christian

    Seller's Agent in 2023

    Matt Christian

    Home Town Realty Pros

    (863) 414-8772

    298 Total Sales

    Matt Christian
    Section Image

  • S

    Buyer's Agent in 2023

    SEBRING NON MLS

    NON-MLS OFFICE

See All Agents

Map

Source: Heartland Association of REALTORS®

MLS Number: 292254

Heartland Association of REALTORS®

APN: C-06-37-30-140-0020-0030

Florida Highlands County Lake Placid 33852

501 Reba Dr, Lake Placid, FL

Not Listed for Sale

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.

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