502 Timber Run Ln Groveland, FL 34736
Groveland AreaEstimated payment $2,127/month
Highlights
- Water Views
- Open Floorplan
- Contemporary Architecture
- Solar Power System
- Deck
- Freestanding Bathtub
About This Home
Under contract-accepting backup offers. **Seller will contribute $5,000 towards buyer's closing costs** Welcome to 502 Timber Run Lane! This 3 Bedroom 2 Bath home is located in the established Village Estates community in Groveland. The home has no rear neighbors and a spacious fenced in yard. Enjoy the .25-acre lot and the huge backyard. Perfect for nature lovers - and you’ll truly enjoy the peaceful scenery. NO CARPETS and LOW HOA! It also features a paid-for Tesla Solar Panels equipped with Power Wall Generator and a tankless water heater. As you enter the home, you’ll notice a bright open space and vaulted ceilings. The split bedroom floor plan is ideal as a starter home, a vacation home or an investment property! The kitchen boasts subway tiles, newly painted cabinets, expanded and refreshed/refurbished pantry and island placement for additional counter space and storage. The master bedroom is just adjacent to the kitchen that’s well appointed to have the best view of the back of the property. You’ll appreciate the master bathroom updates here with floor to ceiling tiles in the shower, built-in bench and Rainfall shower-head with wand. A freestanding tub to enjoy after a long day’s work. You’ll appreciate the updated light fixtures, vanities and cabinets. The secondary bedrooms are located on the other side of the home. The back room has BRAND NEW FLOORING (laminate) installed May 2026. Enjoy the beautiful view from this room. The third bedroom has laminate flooring as well, perfect as a guest room or office. Secondary bathroom is just between the two bedrooms. The screened-in 16X10 covered patio is perfect for privacy. You’ll never want to leave home! Easy access to HWY 50, several dining and shopping spots, nearby schools and all lifestyle activities Lake County offers. You’ll love living here. Come see all that makes this home so special!
Listing Agent
LPT REALTY, LLC Brokerage Phone: 877-366-2213 License #3343743 Listed on: 04/13/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,764
Year Built
- Built in 2002
Lot Details
- 11,049 Sq Ft Lot
- West Facing Home
- Fenced
- Mature Landscaping
- Oversized Lot
- Landscaped with Trees
- Property is zoned R-2
HOA Fees
- $20 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Contemporary Architecture
- Bungalow
- Slab Foundation
- Shingle Roof
- Block Exterior
- Stucco
Interior Spaces
- 1,435 Sq Ft Home
- Open Floorplan
- Vaulted Ceiling
- Ceiling Fan
- Blinds
- Sliding Doors
- Great Room
- Water Views
- Attic
Kitchen
- Range
- Microwave
- Dishwasher
- Solid Wood Cabinet
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Bathroom
- Walk-In Closet
- 2 Full Bathrooms
- Freestanding Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Eco-Friendly Details
- Solar Power System
Outdoor Features
- Deck
- Enclosed Patio or Porch
- Rain Gutters
- Private Mailbox
Utilities
- Central Heating and Cooling System
- Thermostat
- Tankless Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- Village Estates Association Inc Association, Phone Number (888) 722-6669
- Village Estates Lt 01 Orb 2125 P Subdivision
- The community has rules related to deed restrictions
- Near Conservation Area
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 7
- Assessor Parcel Number 20-22-25-220000000700
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $4,074 | $253,995 | $70,000 | $183,995 |
| 2025 | $3,799 | $247,132 | $70,000 | $177,132 |
| 2024 | $3,799 | $247,132 | $70,000 | $177,132 |
| 2023 | $3,799 | $241,642 | $70,000 | $171,642 |
| 2022 | $4,283 | $230,569 | $70,000 | $160,569 |
| 2021 | $2,207 | $163,835 | $0 | $0 |
| 2020 | $2,224 | $163,835 | $0 | $0 |
| 2019 | $2,325 | $163,835 | $0 | $0 |
| 2018 | $631 | $86,489 | $0 | $0 |
| 2017 | $617 | $84,711 | $0 | $0 |
| 2016 | $625 | $82,969 | $0 | $0 |
| 2015 | $842 | $82,393 | $0 | $0 |
| 2014 | $1,981 | $96,273 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/11/2026 06/11/26 | Price Changed | $324,900 | -1.5% | $226 / Sq Ft | |
| 05/11/2026 05/11/26 | Price Changed | $329,900 | -1.5% | $230 / Sq Ft | |
| 04/13/2026 04/13/26 | For Sale | $334,900 | +5.3% | $233 / Sq Ft | |
| 11/30/2021 11/30/21 | Sold | $318,000 | +1.0% | $222 / Sq Ft | View Prior Sale |
| 10/25/2021 10/25/21 | Pending | -- | -- | -- | |
| 10/20/2021 10/20/21 | For Sale | $315,000 | -- | $220 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $318,000 | Metes And Bounds Title Co | |
| Warranty Deed | $190,000 | North American Title Company | |
| Warranty Deed | $126,500 | None Available | |
| Trustee Deed | $70,200 | Attorney | |
| Trustee Deed | $70,154 | None Available | |
| Warranty Deed | $240,000 | Tri Cnty Title Group Fl Inc | |
| Warranty Deed | $126,900 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $310,276 | FHA | |
| Previous Owner | $171,000 | New Conventional | |
| Previous Owner | $192,000 | Purchase Money Mortgage |
Source: Stellar MLS
MLS Number: O6394765
APN: 20-22-25-2200-000-00700
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Ask me questions while you tour the home.