NOT LISTED FOR SALE

507 Racoon Ln Lorida, FL 33857

Estimated Value: $339,489 - $369,000

2 Beds
2 Baths
3,473 Sq Ft
$103/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $260,000 $75 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,192/month

153 Days on Market

Highlights

  • Lake Front
  • Fruit Trees
  • Separate Outdoor Workshop
  • Canal View
  • No HOA
  • Rear Porch

About This Home

As of September 2021

Come and enjoy all the natural beauty this Lake front home has to offer!! As soon as you pull into the driveway you'll feel like you just drove into your very own Secret Garden! Beautiful landscaping everywhere, from the wild vanilla bean to the orchids and fruit trees, and don't forget the beautiful sunsets overlooking Lake Istokpoga . This home has it all, 3,473 square feet of living space, Large bedrooms, double sided fireplace, bonus room with a bar and plenty of space for your pool table. Enclosed rear porch with a fireplace, Two car garage, Workshop with air conditioning, 12X30 Shed, Boat house, Seawall and much more. New roof in 2017. Per owner attic has had R-19 insulation and new A/C done in 2017. Come and enjoy the lake life in Istokpoga Shores a golf cart friendly community with no HOA fees.

Last Agent to Sell the Property

Christine Lopez

INACTIVE License #3394912 Listed on: 03/22/2021

INACTIVE

Last Buyer's Agent

SEBRING NON MLS

NON-MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,590

Year Built

  • Built in 1975

Lot Details

  • 0.79 Acre Lot
  • Lake Front
  • Fruit Trees
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,473 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Canal Views

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Separate Outdoor Workshop
  • Shed
  • Rear Porch

Schools

  • Fred Wild Elementary School
  • Sebring Middle School
  • Sebring High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number C-29-35-31-A00-0161-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,590

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.79
  • Road Surface Type: Paved
  • Water Body Name: Istokpoga
  • Directions: US 27 SOUTH TO EAST ON US 98 TO LORIDA TO RIGHT ON COWHOUSE ROAD TO RIGHT ON FISHTAIL LN TO RIGHT ON RACOON LN, HOUSE WILL BE ON YOUR LEFT, SEE SIGN.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1975
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum
  • Interior Amenities: Ceiling Fan(s), Fireplace
  • Living Area: 3473.0
  • Window Features: Blinds

Exterior Features

  • Pool Features: None
  • View: Canal, Lake
  • View: Yes
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Fruit Trees, Shed, Workshop
  • Patio And Porch Features: Rear Porch, Enclosed
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Fred Wild Elementary
  • High School: Sebring High
  • Middle Or Junior School: Sebring Middle

Lot Info

  • Lot Size Sq Ft: 34300.0
  • Additional Parcels Description: ,,
  • Additional Parcels: No
  • Parcel #: C-29-35-31-A00-0161-0000
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2590.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Sep 30, 2021
Sold by
Thayer Joedene E
Bought by
Parent Isabel Coronado and Parent Douglas Raymond
Seller's Agent
Christine Lopez
INACTIVE
Buyer's Agent
SEBRING NON MLS
NON-MLS OFFICE
List Price
$295,000
Sold Price
$260,000
Premium/Discount to List
-$35,000
-11.86%
Current Estimated Value
$364,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,868
Avg. Annual Appreciation
8.57%
Original Mortgage
$208,000
Outstanding Balance
$191,723
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$165,707

Purchase Details

Listed on
Sep 10, 2016
Closed on
Dec 28, 2016
Sold by
Wells Fargo Bank Na
Bought by
Thayer Joedene E
Seller's Agent
James Donohue
RE/MAX REALTY PLUS
Buyer's Agent
Sara Pipal
INACTIVE
List Price
$207,500
Sold Price
$130,000
Premium/Discount to List
-$77,500
-37.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.07%
Original Mortgage
$117,000
Interest Rate
4.2%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 27, 2016
Sold by
Gutziner Merrill Eugene and Engene Gutziner M
Bought by
Well S Fargo Bank N A

Purchase Details

Closed on
May 6, 2004
Sold by
Balough Jack R and Balough Marion
Bought by
Gutzmer Merrill Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,936
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Parent Isabel Coronado $260,000 Capstone Title Llc
Thayer Joedene E $130,000 Stewart Title Co
Well S Fargo Bank N A $218,089 Stewart Title Co
Gutzmer Merrill Eugene $275,000 South Ridge Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parent Isabel Coronado $208,000
Previous Owner Thayer Joedene E $117,000
Previous Owner Gutzmer Merrill Eugene $251,936
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $260,000 -11.9% $75 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $295,000 +126.9% $85 / Sq Ft
02/07/2017 02/07/17 Sold $130,000 -37.3% $37 / Sq Ft
12/21/2016 12/21/16 Pending -- -- --
09/10/2016 09/10/16 For Sale $207,500 -- $60 / 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 $2,332 $142,033 $72,800 $69,233
2023 $2,332 $137,166 $72,800 $64,366
2022 $4,103 $262,795 $72,800 $189,995
2021 $2,798 $200,988 $0 $0
2020 $2,647 $198,213 $0 $0
2019 $2,590 $193,757 $0 $0
2018 $2,571 $190,144 $0 $0
2017 $3,629 $223,078 $0 $0
2016 $3,526 $210,453 $0 $0
2015 $3,250 $192,670 $0 $0
2014 $3,223 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 279399

Heartland Association of REALTORS®

APN: C-29-35-31-A00-0161-0000