NOT LISTED FOR SALE

507 Lakesedge Dr Lake Placid, FL 33852

Highlands Park Estates Neighborhood

Estimated Value: $507,000 - $638,000

3 Beds
2.5 Baths
2,910 Sq Ft
$198/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $570,000 $196 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,547/month

223 Days on Market

Highlights

  • Lake Front
  • Cathedral Ceiling
  • No HOA
  • 0.64 Acre Lot
  • Wood Flooring
  • Separate Outdoor Workshop

About This Home

As of September 2023

Recently remodeled and MOVE IN READY home on large lot on famous Lake Istokpoga, a sportsman's paradise! It features interlocking wood plank flooring throughout for easy maintenance! Energy efficient Pella dual paned sliding windows. Your gourmet will love the remodeled kitchen with granite countertops, tiled backsplash, undermount stainless sink, beautiful wood cabinets, stainless appliances and LOTS of counter space with two breakfast bars. Kitchen overlooks the spacious living and family rooms which offer gorgeous views of the lake! Look at the beautiful heart-pine cathedral ceiling in the Family room with its stunning lakefront views! Master suite has a walk in closet and remodeled bath. There is a half bath in the hallway and another full bath off the spacious laundry room. House has a large 2 car attached garage. You'll never fear the storms with your standing seam metal roof and whole house propane generator with a 500 gallon tank! And just look at the steel beam metal shop with its air conditioned office and dual roll up 11X12 foot doors with openers. There is a 27X39, 16 foot high metal "pole barn" carport in front of the shop with its own drive and concrete floor, great for an RV or other toys. On the lakefront is an airboat ramp and 19X20 carport for boat storage. You'll love the dock and dual boathouses with their electric lifts and metal roofs. This home has EVERYTHING you need to enjoy lakefront living. See it TODAY!

Last Agent to Sell the Property

Steve Fruit

RE/MAX REALTY PLUS License #3039549 Listed on: 11/18/2022

RE/MAX REALTY PLUS

Last Buyer's Agent

Lisa Frantz

LPT Realty LLC License #3307048

LPT Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,243

Year Built

  • Built in 1968

Lot Details

  • 0.64 Acre Lot
  • Lake Front
  • Sprinkler System
  • Zoning described as R1

Parking

  • 3 Car Garage
  • 2 Carport Spaces

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,910 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Insulated Windows
  • Wood Flooring
  • Property Views

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Seawall
  • Bulkhead
  • Separate Outdoor Workshop
  • Shed
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Well
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number C-20-36-30-080-0010-0040

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,243

Year Built

Built in 1968

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.6428
  • Road Surface Type: Paved
  • Water Body Name: Istokpoga
  • Directions: UA 27 to east on CR 621 to right on Bradley to left on Lakesedge to property on the right.
  • Architectural Style: One Story
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1968
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling(s)
  • Living Area: 2910.0
  • Window Features: Insulated Windows, Other, See Remarks

Exterior Features

  • Pool Features: None
  • View: Lake
  • View: Yes
  • Waterfront Features: Bulkhead, Seawall
  • Construction Type: Block, Concrete
  • Exterior Features: Sprinkler/Irrigation, Shed, Workshop
  • Patio And Porch Features: Rear Porch, Open
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Carport Spaces: 2.0
  • Garage Spaces: 3.0
  • Parking Features: Carport, Garage, Three or more Spaces

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: None
  • Utilities: Sewer Not Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 28000.0
  • Additional Parcels Description: ,,
  • Parcel #: C-20-36-30-080-0010-0040
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4242.87
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Aug 30, 2023
Sold by
Brice V Philip Howard
Bought by
Sanichar Vanessa M and Sanichar Balram
Seller's Agent
Steve Fruit
RE/MAX REALTY PLUS
Buyer's Agent
Lisa Frantz
LPT Realty LLC
List Price
$625,000
Sold Price
$570,000
Premium/Discount to List
-$55,000
-8.8%
Views
365
Current Estimated Value
$577,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,089
Avg. Annual Appreciation
1.67%
Original Mortgage
$371,000
Outstanding Balance
$363,397
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$225,615

Purchase Details

Listed on
Oct 1, 2019
Closed on
Jan 30, 2020
Sold by
Ward David B and Ward Tara
Bought by
Brice Phillip Howard
Seller's Agent
Melissa Debono
ALL ABOUT REALTY-LK PLACID
Buyer's Agent
Melissa Debono
ALL ABOUT REALTY-LK PLACID
List Price
$349,990
Sold Price
$312,250
Premium/Discount to List
-$37,740
-10.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.53%

Purchase Details

Closed on
Dec 20, 2013
Sold by
Ward David B and Ward Tara
Bought by
Ward David B and Ward Tara

Purchase Details

Listed on
Aug 6, 2012
Closed on
Jan 23, 2013
Sold by
Gager David
Bought by
Ward David B
Seller's Agent
Steve Fruit
RE/MAX REALTY PLUS
Buyer's Agent
Donald Elliott
ADVANCED ALL SERVICE/ SEBRING
List Price
$185,000
Sold Price
$140,000
Premium/Discount to List
-$45,000
-24.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.06%

Purchase Details

Closed on
Feb 20, 2012
Sold by
Gager David and Parr Victoria
Bought by
Gager David
Source: Public Records

Range of Values:

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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
Sanichar Vanessa M $570,000 None Listed On Document
Sanichar Vanessa M $570,000 None Listed On Document
Brice Phillip Howard $312,250 Attorney
Ward David B -- Attorney
Ward David B $140,000 Attorney
Gager David -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanichar Vanessa M $371,000
Closed Sanichar Vanessa M $371,000
Previous Owner Gager Dennis P $101,620
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $570,000 -3.2% $196 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/06/2023 06/06/23 Price Changed $589,000 -1.7% $202 / Sq Ft
04/27/2023 04/27/23 Price Changed $599,000 -4.2% $206 / Sq Ft
11/18/2022 11/18/22 For Sale $625,000 +100.2% $215 / Sq Ft
03/02/2020 03/02/20 Sold $312,250 -10.8% $107 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
10/01/2019 10/01/19 For Sale $349,990 +150.0% $120 / Sq Ft
01/25/2013 01/25/13 Sold $140,000 -24.3% $82 / Sq Ft
12/28/2012 12/28/12 Pending -- -- --
08/06/2012 08/06/12 For Sale $185,000 -- $108 / Sq Ft
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 $5,127 $373,988 -- --
2023 $5,127 $313,407 $0 $0
2022 $5,003 $390,798 $51,375 $339,423
2021 $4,243 $259,014 $51,375 $207,639
2020 $4,634 $285,210 $0 $0
2019 $1,992 $273,767 $0 $0
2018 $1,992 $146,630 $0 $0
2017 $1,818 $143,614 $0 $0
2016 $1,682 $131,790 $0 $0
2015 $1,651 $130,874 $0 $0
2014 $1,641 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Fruit

    Seller's Agent in 2023

    Steve Fruit

    RE/MAX

    (863) 385-0077

    4 in this area

    122 Total Sales

    Steve Fruit
    Section Image
  • Lisa Frantz

    Buyer's Agent in 2023

    Lisa Frantz

    LPT Realty LLC

    (954) 336-6046

    3 in this area

    132 Total Sales

    Lisa Frantz
    Section Image
  • Melissa Debono

    Seller's Agent in 2020

    Melissa Debono

    ALL ABOUT REALTY-LK PLACID

    (863) 414-0009

    5 in this area

    141 Total Sales

    Melissa Debono
    Section Image

  • D

    Buyer's Agent in 2013

    Donald Elliott

    ADVANCED ALL SERVICE/ SEBRING

    (863) 385-1181

    5 Total Sales

    Donald Elliott
    Section Image
See All Agents

Map

Source: Heartland Association of REALTORS®

MLS Number: 291429

Heartland Association of REALTORS®

APN: C-20-36-30-080-0010-0040

Florida Highlands County Lake Placid 33852 Highlands Park Estates

507 Lakesedge Dr, Lake Placid, FL

This home is located at 507 Lakesedge Dr, Lake Placid, FL 33852 since 18 November 2022 and is currently estimated at $577,089, approximately $198 per square foot. This property was built in 1968. 507 Lakesedge Dr is a home located in Highlands County with nearby schools including Lake Country Elementary School, Lake Placid High School, and Lake Placid Middle School.

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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