NOT LISTED FOR SALE

508 Bear Rd Lake Placid, FL 33852

Estimated Value: $582,549

3 Beds
2 Baths
2,356 Sq Ft
$247/Sq Ft Est. Value

Sale Details

Date Sold: August 16, 2024

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

Est. 6% increase in value since last sale

Current estimated payment $3,836 / mo

23 Days on Market

Highlights

  • Horses Allowed On Property
  • 10.18 Acre Lot
  • Den
  • Home fronts a pond
  • 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 Buyer's Agent

Gwen Kinney

Illustrated Properties License #3533732

Illustrated Properties

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,273

Year Built

  • Built in 1999

Lot Details

  • 10.18 Acre Lot
  • Home fronts a pond
  • East Facing Home
  • Fenced
  • Irregular Lot
  • Property is zoned AU

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Parking Garage Space

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,356 Sq Ft Home
  • Property has 1 Level
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Den
  • Workshop
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Patio

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Riding Trail

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number C35373002000500000

Community Details

Overview

  • Bear Hollow Unrec Sub Subdivision
  • Mandatory home owners association

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,273

Year Built

Built in 1999

Lot Details

10.18 Acres

HOA Fees

$80 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • 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.
  • Garage Yn: Yes
  • Horses: Yes
  • Unit Levels: 1
  • Lot Size Acres: 10.18
  • New Construction: No
  • Road Frontage Type: Paved Road
  • Road Surface Type: Paved Road, Paved
  • Building Stories: 1
  • Structure Type: House
  • Subdivision Name: BEAR HOLLOW UNREC SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 550000
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator
  • Interior Amenities: Cooking Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Den/Library/Office, Family Room, Utility Room/Laundry, Workshop
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Furnished: Unfurnished
  • Living Area: 2356
  • Other Equipment: Automatic Garage Door Opener
  • Stories: 1
  • Bedroom Features: Primary Bath Shower
  • Dining Room Features: Breakfast Area, Eat-In Kitchen
  • Living Room Features: Den/Library/Office, Family Room, Laundry, Pantry, Utility Room/Laundry, Workshop
  • Master Bathroom Features: Shower Only

Exterior Features

  • Roof: Comp Shingle Roof, Composition Roll, Shingle
  • View: Other, Other Water View, Pond View, Pond
  • Construction Type: CBS Construction, Stucco
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 10 Or More Acre Lot, Irregular Lot, Treed Lot, Fenced, Septic
  • Other Structures: Livable
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Pond
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Parking Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Room, Utility Room/Laundry
  • Utilities: Septic, Water Connected, Water Available

Condo/Co-op/Association

  • Association Fee: 80
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Horses Permitted, Mandatory Hoa, Paved Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: C35373002000500000
  • Horse Amenities: BridlePathTrails
  • Lot Size Sq Ft: 443441
  • Zoning: AU

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5273

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Buyer's Agent
Gwen Kinney
Illustrated Properties
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Current Estimated Value
$582,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,549
Avg. Annual Appreciation
2.80%
Original Mortgage
$287,850
Outstanding Balance
$281,940
Interest Rate
6.89%
Mortgage Type
FHA
Estimated Equity
$300,609

Purchase Details

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

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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$550,000 Lp Title
Mullings Yvonne -- Attorney
Mullings Yvonne $345,000 Sun Title & Abstract Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/16/2024 08/16/24 Sold $550,000 -4.3% $233 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $575,000 -- $244 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,598 $466,618 $167,970 $298,648
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

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10998971

MIAMI REALTORS® MLS

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

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