NOT LISTED FOR SALE

508 Bear Rd Lake Placid, FL 33852

Estimated Value: $353,000 - $658,262

3 Beds
2 Baths
2,356 Sq Ft
$224/Sq Ft Est. Value

Sale Details

Date Sold: August 16, 2024

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

Est. 4% decrease in value since last sale

Current estimated payment $3,368 / mo

1 Day on Market

Highlights

  • Horses Allowed On Property
  • Pond View
  • 10.18 Acre Lot
  • Gated Community
  • Waterfront
  • Outdoor Living Area

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

Gwen Kinney

Illustrated Properties LLC (Co License #3533732 Listed on: 06/25/2024

Illustrated Properties LLC (Co

Last Buyer's Agent

Gwen Kinney

Illustrated Properties LLC (Co License #3533732 Listed on: 06/25/2024

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
  • East Facing Home
  • Fenced
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Many Trees
  • Property is zoned AU

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,356 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Pond Views
  • Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Outdoor Living Area
  • Outbuilding

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

  • Property has a Home Owners Association
  • Association fees include common areas
  • Bear Hollow Unrec Sub Subdivision

Recreation

  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,274

Year Built

Built in 1999

Lot Details

10.18 Acres

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
  • Horses: Yes
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Area, Eat-in Kitchen, Separate Shower
  • Main Level Bedrooms: 3
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 2356.0
  • Stories: 1

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Pond
  • Fencing: Fenced
  • Lot Features: Irregular Lot, Many Trees
  • Pool Private: No
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Block, Stucco
  • Direction Faces: East
  • Other Structures: Outbuilding
  • 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, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: Gated Community
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 80.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association, Gated
  • Senior Community: No
  • Amenities: Trail(s)
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: C35373002000500000
  • Horse Amenities: Riding Trail
  • Lot Size Acres: 10.18
  • Lot Size Sq Ft: 443440.8
  • Mobile Dim Units: Feet
  • Zoning: AU

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5273.98

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 25, 2024
Closed on
Aug 9, 2024
Sold by
Bought by
Seller's Agent
Gwen Kinney
Illustrated Properties LLC (Co
Buyer's Agent
Gwen 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
$528,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,684
Avg. Annual Appreciation
-2.03%
Original Mortgage
$287,850
Interest Rate
0.0689%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 2020
Sold by
Bought by

Purchase Details

Closed on
Mar 31, 2003
Sold by
Bought by

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
0.0525%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
-- Attorney
$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 $189,500
Previous Owner $215,700
Previous Owner $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
06/26/2024 06/26/24 Pending -- -- --
06/24/2024 06/24/24 For Sale $575,000 -- $244 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10998971

BeachesMLS (Greater Fort Lauderdale)

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

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