$334,900

502 Timber Run Ln Groveland, FL 34736

Estimated payment $2,109/month

Total Views 311
3 Beds
2 Baths
1,435 Sq Ft
$233 Price per Sq Ft

Highlights

  • Very Popular Property
  • Solar Power System
  • Deck
  • Water Views
  • Open Floorplan
  • Contemporary Architecture

About This Home

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. It also features a paid-for Tesla Solar Panels (need connecting) 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 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 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

Erica Magtira

LPT REALTY, LLC Brokerage Phone: 877-366-2213 License #3343743 Listed on: 04/13/2026

LPT REALTY, LLC

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,764

Year Built

Built in 2002

Lot Details

0.25 Acres

HOA Fees

$20 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1435
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 2030
  • Lot Size Sq Ft: 11049
  • Status: Active
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 188.59
  • Escrow City: Orlando
  • Escrow State: FL
  • Escrow Street Name: N Orange Ave Ste 1100
  • Minimum Lease: 7 Months
  • RATIO Current Price By Calculate: 233.38
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • MFR_SolarPanelOwnership: Owned Outright
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 877-366-2213
  • Tax Year: 2026
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Open Floorplan, Solid Wood Cabinets, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Additional Rooms: Attic
  • Living Area Meters: 133.32

Exterior Features

  • Direction Faces: West
  • Exterior Features: Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Enclosed, Patio, Porch, Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12069C0565E

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 60
  • Association Fee Frequency: Quarterly
  • Association Name: Village Estates Association Inc
  • Phone: 1-888-722-6669
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: see HOA Deed restrictions
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 240.00
  • Total Monthly Fees: 20.00
  • Monthly HOA Amount: 20.00

Lot Info

  • Zoning: R-2
  • Parcel Number: 20-22-25-220000000700
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: Conservation Area, Oversized Lot, Sidewalk, Paved
  • Flood Zone Code: X

Green Features

  • Green Power: Solar

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: no short term rentals

Tax Info

  • Tax Annual Amount: 3764
  • Tax Block: 000
  • Tax Book Number: 46-15-16
  • Tax Lot: 7

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2026 $3,888 $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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 +149.0% $220 / Sq Ft
03/27/2014 03/27/14 Sold $126,500 +1.2% $88 / Sq Ft View Prior Sale
03/10/2014 03/10/14 Pending -- -- --
02/27/2014 02/27/14 For Sale $125,000 -- $87 / Sq Ft
Source: Stellar MLS

Purchase History

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 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $310,276 FHA
Previous Owner $171,000 New Conventional
Previous Owner $192,000 Purchase Money Mortgage
Previous Owner $120,596 FHA
Source: Public Records

Source: Stellar MLS

MLS Number: O6394765

Stellar MLS

APN: 20-22-25-2200-000-00700

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