NOT LISTED FOR SALE

508 Bear Rd Lake Placid, FL 33852

Estimated Value: $546,000 - $585,483

3 Beds
2 Baths
2,356 Sq Ft
$238/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $550,000 $233 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,508/month

1 Day on Market

Highlights

  • Gated Community
  • 443,441 Sq Ft lot
  • Den
  • Waterfront
  • Vaulted Ceiling
  • Breakfast Area or Nook

About This Home

As of August 2024

Your private escape! This 3/2 home sits on 10 acres with hilltop view overlooking the subdivision & neighbors' pond, that is next to your pond. Expansive living room windows go up to roofline allowing a great feeling of the outdoors. Hard & porcelain tile floors thru-out home. White Corean countertops, extra cabinets in kitchen. extra room-think playroom, office, workout space. Oversized 2 car garage attached. Outbuilding. Water well. Screened back porch shaded by many trees & bamboo. Ready for your modern touch.

Last Agent to Sell the Property

Bill C Kinney

Illustrated Properties LLC (Co License #3533732 Listed on: 06/24/2024

Illustrated Properties LLC (Co

Last Buyer's Agent

Bill C Kinney

Illustrated Properties LLC (Co License #3533732 Listed on: 06/24/2024

Illustrated Properties LLC (Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,274

Year Built

  • Built in 1999

Lot Details

  • 10.18 Acre Lot
  • Waterfront
  • Fenced
  • Irregular Lot
  • Property is zoned AU

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,356 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Den
  • Workshop
  • Tile Flooring
  • Water Views
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number C35373002000500000

Community Details

Overview

  • Association fees include common areas
  • Bear Hollow Unrec Sub Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,274

Year Built

Built in 1999

Lot Details

0

HOA Fees

$80 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: from us 27 and SH 70 go east on 70 2 miles on the left is Bear Hollow subdivision. go back to mailbox with 508. GPS takes you to 1 driveway before 508. watch for sign.
  • Year Built: 1999
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Eat-in Kitchen, Pantry, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s), Workshop
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 2356.0
  • Dining Room Type: Den, Family Room, Laundry, Workshop
  • Stories: 1

Exterior Features

  • Exterior Features: Fence, Porch, Patio
  • View: Other, Water
  • Lot Features: Irregular Lot
  • Pool Features: None
  • Pool Private: No
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security Gate
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 80.0
  • Community Features: Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: C35373002000500000
  • Lot Size: 10 to <25 Acres,Irregula
  • Lot Size Sq Ft: 443441.0
  • Zoning Description: AU
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5274.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Aug 9, 2024
Sold by
Lynch Krystle A and Yvonne Mullings Trust
Bought by
Youngman Tiger John and Youngman Janell
Seller's Agent
Bill C Kinney
Illustrated Properties LLC (Co
Buyer's Agent
Bill C Kinney
Illustrated Properties LLC (Co
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Views
5
Current Estimated Value
$560,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,871
Avg. Annual Appreciation
3.49%
Original Mortgage
$287,850
Outstanding Balance
$285,882
Interest Rate
6.89%
Mortgage Type
FHA
Estimated Equity
$284,894

Purchase Details

Closed on
Dec 21, 2020
Sold by
Mullings Yvonne
Bought by
Mullings Yvonne and Yvonne Mullings Revocable Trus

Purchase Details

Closed on
Mar 31, 2003
Sold by
Raabe Hubert M and Raabe Martha Jean
Bought by
Mullings Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Youngman Tiger John $550,000 Lp Title
Mullings Yvonne -- Attorney
Mullings Yvonne $345,000 Sun Title & Abstract Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Youngman Tiger John $287,850
Previous Owner Mullings Yvonne $189,500
Previous Owner Mullings Yvonne $215,700
Previous Owner Mullings Yvonne $213,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $550,000 -4.3% $233 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $575,000 -- $244 / Sq Ft
Source: BeachesMLS

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 $5,274 $472,745 $127,250 $345,495
2023 $5,274 $304,174 $0 $0
2022 $4,740 $352,216 $81,440 $270,776
2021 $4,156 $251,384 $61,080 $190,304
2020 $3,870 $234,594 $0 $0
2019 $3,681 $221,046 $0 $0
2018 $3,926 $236,954 $0 $0
2017 $3,832 $233,393 $0 $0
2016 $3,599 $212,296 $0 $0
2015 $3,623 $213,131 $0 $0
2014 $3,592 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Bill C Kinney

    Illustrated Properties LLC (Co

    (512) 461-9039

    10 Total Sales

    Bill C Kinney
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Map

Source: BeachesMLS

MLS Number: R10998971

BeachesMLS

APN: C-35-37-30-020-0050-0000

Florida Highlands County Lake Placid 33852

508 Bear Rd, Lake Placid, FL

This home is located at 508 Bear Rd, Lake Placid, FL 33852 since 24 June 2024 and is currently estimated at $560,871, approximately $238 per square foot. This property was built in 1999. 508 Bear Rd 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.

BeachesMLS 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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