NOT LISTED FOR SALE

513 Lake Saddlebags Dr Lake Placid, FL 33852

Estimated Value: $432,000 - $457,000

4 Beds
2.5 Baths
2,142 Sq Ft
$208/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $360,000 $168 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,579/month

4 Days on Market

Highlights

  • Lake Front
  • Fruit Trees
  • Powered Boats Allowed
  • Lake Placid Elementary School Rated 9+
  • Wood Flooring
  • No HOA

About This Home

As of September 2021

This unique Lake Saddlebags home has been all up-dated, from the Drexel Standing Metal Hip Roof in April of 2021, new dock in 2020, driveway pavers in 2020, A/C units 2019, Whirlpool Central Water Filtration system and many other features. There are 3 bedrooms and a bath and a half on the upper level, and down the spiral staircase, you will find a master bedroom and bath, and a wonderful family room with a beautiful wall-encompassing aquarium. Also, on the upper level off of the living room is a 50 x 8 foot screened deck overlooking the nicely landscaped yard and lake. Lower level has a patio. The shed is 10 x 20. See this special home today!

Last Agent to Sell the Property

Jean Deuth

CENTURY 21 Lake & Land Myers Realty License #691279 Listed on: 08/20/2021

CENTURY 21 Lake & Land Myers Realty

Last Buyer's Agent

SEBRING NON MLS

NON-MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,490

Year Built

  • Built in 1976

Lot Details

  • 0.34 Acre Lot
  • Lake Front
  • Sprinkler System
  • Fruit Trees
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,142 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Double Hung Windows
  • Screened Porch
  • Property Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Schools

  • Lake Placid Middle School
  • Lake Placid High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Sewer Not Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number P-06-37-30-140-0050-0010

Community Details

Overview

  • No Home Owners Association

Recreation

  • Powered Boats Allowed

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,490

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.34
  • Road Surface Type: Paved
  • Water Body Name: Saddlebags
  • Directions: US 27 to East on Faye to R on Twyla to R on Lake Saddlebags Drive
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1976
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Cable TV, Unfurnished
  • Living Area: 2142.0
  • Window Features: Double Hung

Exterior Features

  • Pool Features: None
  • View: Lake
  • View: Yes
  • Construction Type: Block, Frame, Concrete
  • Exterior Features: Fruit Trees, Sprinkler/Irrigation, Shed, Workshop
  • Patio And Porch Features: Front Porch, Screened
  • Property Condition: Resale
  • Roof: Metal

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: Cable Available, Sewer Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Amenities: Powered Boats Allowed
  • Association: No

Schools

  • High School: Lake Placid High
  • Middle Or Junior School: Lake Placid Middle

Lot Info

  • Lot Size Sq Ft: 14960.0
  • Additional Parcels Description: ,,
  • Parcel #: P-06-37-30-140-0050-0010
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1490.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Sep 4, 2021
Sold by
Parker Charles E and Parker Karen L
Bought by
Lima Jorge and Ovalle Iliana
Seller's Agent
Jean Deuth
CENTURY 21 Lake & Land Myers Realty
Buyer's Agent
SEBRING NON MLS
NON-MLS OFFICE
List Price
$369,900
Sold Price
$360,000
Premium/Discount to List
-$9,900
-2.68%
Current Estimated Value
$445,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,149
Avg. Annual Appreciation
5.21%

Purchase Details

Listed on
Apr 2, 2015
Closed on
Sep 10, 2015
Sold by
Hinton Steven W
Bought by
Parker Charles E and Parker Karen L
Seller's Agent
Sandra Hughes
INACTIVE
Buyer's Agent
Kevin & Teresa Bock
RE/MAX REALTY PLUS
List Price
$114,500
Sold Price
$90,000
Premium/Discount to List
-$24,500
-21.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.90%
Original Mortgage
$67,500
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Apr 2, 2015
Closed on
Sep 6, 2015
Sold by
Aravilla Groves Ltd
Bought by
Hinton Steven W
Seller's Agent
Sandra Hughes
INACTIVE
Buyer's Agent
Kevin & Teresa Bock
RE/MAX REALTY PLUS
List Price
$114,500
Sold Price
$90,000
Premium/Discount to List
-$24,500
-21.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 24, 2001
Sold by
Hinton Mala Mary
Bought by
Hinton Mala Mary

Purchase Details

Closed on
Sep 2, 2001
Sold by
Aravilla Groves Ltd
Bought by
Hinton Mala M
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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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
Lima Jorge $360,000 Attorney
Parker Charles E $90,000 Attorney
Hinton Steven W -- Attorney
Hinton Mala Mary -- --
Hinton Mala M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parker Charles E $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2021 09/15/21 Sold $360,000 -2.7% $168 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $369,900 +311.0% $173 / Sq Ft
09/10/2015 09/10/15 Sold $90,000 -21.4% $61 / Sq Ft View Prior Sale
07/08/2015 07/08/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $114,500 -- $78 / 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 $2,819 $192,556 -- --
2023 $2,819 $186,948 $0 $0
2022 $2,748 $181,503 $0 $0
2021 $1,834 $123,989 $0 $0
2020 $1,490 $106,166 $0 $0
2019 $1,396 $100,319 $0 $0
2018 $1,384 $98,448 $0 $0
2017 $1,271 $96,583 $0 $0
2016 $802 $63,664 $0 $0
2015 $2,339 $108,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 282348

Heartland Association of REALTORS®

APN: P-06-37-30-140-0050-0010