NOT LISTED FOR SALE

505 Tropic Ave Interlachen, FL 32148

Estimated Value: $364,000 - $427,000

3 Beds
2.5 Baths
2,440 Sq Ft
$162/Sq Ft Est. Value

Last Sold November 12, 2024

Last sale price $378,000 $155 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,605/month

99 Days on Market

Highlights

  • Lake Front
  • No HOA
  • Glass Enclosed
  • 1.86 Acre Lot
  • Eat-In Kitchen
  • 5-minute walk to Lake LaGonda Park

About This Home

As of November 2024

Stunning two-story home on Lake Lagonda sits on 1.86 acres in Interlachen, FL! Lovingly maintained, this gem boasts a new metal roof (2024), a new HVAC (2022), updated electric panel (2004), and a new water heater (2021). Enjoy serene lake views from the glass-enclosed porch or relax on the refurbished dock (2023). The dock is perfect for watching July 4th fireworks. Take advantage of this lakeside retreat! *The interior photos have been virtually enhanced to minimize the appearance of personal items, offering a clearer view of the space.*

Last Agent to Sell the Property

Sue Nicosia

NICOSIA REALTY INC. License #0532940 Listed on: 06/13/2024

Last Buyer's Agent

ANGELA FRANKLIN

UNITED REAL ESTATE GALLERY License #3567101

UNITED REAL ESTATE GALLERY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,790

Year Built

  • Built in 1989

Lot Details

  • 1.86 Acre Lot
  • Lake Front

Parking

  • 2 Carport Spaces

Home Design

  • Metal Roof

Interior Spaces

  • 2,440 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Lake Views
  • Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Shower Only

Outdoor Features

  • Glass Enclosed

Schools

  • Interlachen Elementary School
  • C. H. Price Middle School
  • Interlachen High School

Utilities

  • Central Heating and Cooling System
  • 200+ Amp Service
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 151024405001500010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,790

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1989
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 1.86
  • Subdivision Name: Metes & Bounds
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • General Property Information Living Area2: 2440.0
  • General Property Information Waterfront YN: Yes
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 2.0
  • General Property Information List PriceSqFt2: 157.79
  • Cooling Central Air: Yes
  • Water Source Public: Yes
  • General Property Information Accessibility Features YN2: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Water Source Well: Yes
  • Interior Features Primary Bathroom - Shower No Tub: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Lot Size Acres: 1.86
  • General Property Information Carport YN: Yes
  • Utilities Electricity Connected: Yes
  • Levels Two: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Primary Bathroom - Shower No Tub, Split Bedrooms, Walk-In Closet(s)
  • Major Appliances: Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Area: 2440.0
  • ResoLivingAreaSource: Appraiser
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Electric Range: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Waterfront: Yes
  • Roof: Metal
  • Pool Features: None
  • View: Lake
  • Waterfront Features: Lake Front
  • Patio And Porch Features: Glass Enclosed
  • Patio And Porch Features:Glass Enclosed: Yes
  • Waterfront Features:Lake Front: Yes
  • View:Lake: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features: Carport
  • General Property Information:Garage YN: No
  • Parking Features:Carport: Yes

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Laundry Features: Electric Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Public, Well
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Interlachen
  • High School: Interlachen
  • Middle Or Junior School: C. H. Price

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 81021.6
  • Parcel #: 151024405001500010
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2789.92
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Nov 12, 2024
Sold by
Irelan Susan S and Susan S Irelan Revocable Living Trust
Bought by
Schell Matthew and Schell Jennifer
Seller's Agent
Sue Nicosia
NICOSIA REALTY INC.
Buyer's Agent
ANGELA FRANKLIN
UNITED REAL ESTATE GALLERY
List Price
$375,000
Sold Price
$378,000
Premium/Discount to List
$3,000
0.8%
Views
64
Current Estimated Value
$395,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,215
Avg. Annual Appreciation
4.02%
Original Mortgage
$378,000
Outstanding Balance
$373,461
Interest Rate
6.12%
Mortgage Type
VA
Estimated Equity
$21,754

Purchase Details

Closed on
Oct 31, 2018
Sold by
Irelan Charles H and Irelan Susan S
Bought by
Livin Irelan Susan S and Livin Susan S Irelan Revocable
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schell Matthew $378,000 Gullett Title
Schell Matthew $378,000 Gullett Title
Schell Matthew $378,000 Gullett Title
Livin Irelan Susan S -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schell Matthew $378,000
Closed Schell Matthew $378,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2024 11/12/24 Sold $378,000 -1.8% $155 / Sq Ft
08/12/2024 08/12/24 Price Changed $385,000 -2.5% $158 / Sq Ft
06/13/2024 06/13/24 Price Changed $395,000 +5.3% $162 / Sq Ft
06/13/2024 06/13/24 For Sale $375,000 -- $154 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

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 $6,424 $269,380 $35,020 $234,360
2024 $732 $165,520 -- --
2023 $710 $160,700 $0 $0
2022 $2,741 $156,020 $0 $0
2021 $2,779 $151,480 $0 $0
2020 $2,798 $149,390 $0 $0
2019 $2,806 $146,040 $124,360 $21,680
2018 $2,789 $143,320 $130,520 $12,800
2017 $2,782 $140,380 $127,480 $12,900
2016 $2,688 $137,500 $0 $0
2015 -- $137,814 $0 $0
2014 -- $139,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 2031295

realMLS (Northeast Florida Multiple Listing Service)

APN: 15-10-24-4050-0150-0010