T
Seller's Agent in 2023
Tracy MacCornack
Ridge Real Estate Enterprises
(863) 385-7799
179 Total Sales
519 Racoon Ln Lorida, FL 33857
Estimated Value: $507,000 - $570,000
4
Beds
3
Baths
2,823
Sq Ft
$187/Sq Ft
Est. Value
Highlights
- Lake Front
- Powered Boats Allowed
- Front Porch
- Deck
- No HOA
- In-Law or Guest Suite
About This Home
As of June 2023Beautiful Lake Istokpoga home with southern Key West charm with 103' of lake front. This home offers stunning views of the lake right in your backyard, a rare find! The house sits far back off road with oak & cypress tree hammocks that give you that wonderful, secluded old Florida feeling. In front of the home toward the hammock is a small pole barn. The siding on this home is a specialty custom product called Nichiha. This product is very durable and will help with insulation. The home has an open inviting entryway, open split multi-level floor plan for extra privacy. Sprawling 4 Bedroom 3 Bath 1 car garage and a 2-car carport. 26-gauge metal roof was installed a few years ago. This fantastic Florida home boasts over 2000 square feet of living space. The first floor offers a beautifully remodeled kitchen with granite counters, white shaker cabinetry, stainless steel appliances, with a stunning backsplash to pull it all together. Long breakfast bar great for entertaining that could easily seat 10! Huge country stainless sink with designer faucet and air switch for garage disposal. Plenty of closet & storage space in this delightful kitchen. Definitely room for the whole family! Downstairs master suite is spacious and has remodeled bath with large walk-in tiled shower with new vanity and toilet. Downstairs family room has access to the 18 x 32 deck with new reinforced seawall and steel pilings and private boat ramp Second Master suite is upstairs with access from spiral staircase to the upstairs. As you get to the second floor you will immediately notice the stunning coquina accent wall. The second floor has a living room and kitchenette with 3 additional bedrooms and 2 bathrooms including a 23 x 22 master suite with built ins and private bath. Main bathroom has large walk-in titled shower shared by 2 guest bedrooms. Some of the many features include wi-fi enabled hot water heater and Ecobee air conditioner that can be controlled for your mobile device. RV plug in and wired for a generator are some additional features. This home was custom rebuilt from wiring, plumbing, sheetrock, windows, doors and so much more. is light and bright with lots of windows to see the beautiful sunsets. The sprawling upper deck is perfect to have all those family gathering to enjoy lake life. Lake Istokpoga a 27,692-acre flood-controlled lake, which is the 5th largest lake in the State, known for its high catch rates of Trophy Bass! Come live the dream on Lake Istokpoga & enjoy the nature & solitude. This is a golf-cart friendly neighborhood! Up the road is NASCAR Sebring International Speedway, along with Sebring Int'l Golf Course & Sebring Regional Airport. Major cities & airports are 1-2 hours' drive.
Last Agent to Sell the Property
Ridge Real Estate Enterprises License #3134126 Listed on: 09/10/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,899
Year Built
- Built in 1970
Lot Details
- 0.87 Acre Lot
- Lake Front
- Zoning described as single fam
Home Design
- Frame Construction
- Metal Roof
- Composite Building Materials
Interior Spaces
- 2,823 Sq Ft Home
- 2-Story Property
- Furnished or left unfurnished upon request
- Ceiling Fan
- Insulated Windows
- Tile Flooring
- Washer
Kitchen
- Built-In Convection Oven
- Microwave
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- In-Law or Guest Suite
- 3 Full Bathrooms
Parking
- Garage
- 2 Carport Spaces
- Garage Door Opener
Outdoor Features
- Deck
- Patio
- Front Porch
Utilities
- Central Heating and Cooling System
- Heating System Uses Gas
- Heat Pump System
- Private Water Source
- Well
- Electric Water Heater
- Sewer Not Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number C-29-35-31-A00-0162-0000
Community Details
Overview
- No Home Owners Association
Recreation
- Powered Boats Allowed
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2022
Closed on
Jun 26, 2023
Sold by
Sager Of Avon Park Inc
Bought by
Wetzel Terry Lee and Wetzel Karen
Seller's Agent
Tracy MacCornack
Ridge Real Estate Enterprises
Buyer's Agent
Cheryl Oxsalida
Paradise Real Estate International LLC
List Price
$584,900
Sold Price
$500,000
Premium/Discount to List
-$84,900
-14.52%
Views
264
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,259
Avg. Annual Appreciation
4.65%
Original Mortgage
$500,000
Outstanding Balance
$489,693
Interest Rate
6.35%
Mortgage Type
VA
Estimated Equity
$61,344
Purchase Details
Listed on
Apr 30, 2015
Closed on
Sep 28, 2015
Sold by
Fannie Mae
Bought by
Sager Kyle and Sager Amanda
Seller's Agent
James Donohue
RE/MAX REALTY PLUS
Buyer's Agent
Tracy MacCornack
Ridge Real Estate Enterprises
List Price
$95,600
Sold Price
$77,000
Premium/Discount to List
-$18,600
-19.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.30%
Purchase Details
Closed on
Apr 1, 2015
Sold by
Howell Hugh W
Bought by
Federal National Mortgage Asociation
Purchase Details
Closed on
Nov 12, 2008
Sold by
Howell Sharon A
Bought by
Howell Hugh W and Howell Hugh W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
3.24%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Jun 12, 2008
Sold by
Howell Hugh W
Bought by
Howell Hugh W and Howell Sharon A
Purchase Details
Closed on
Jul 11, 2003
Sold by
Jackson Marvin and Jackson Mary
Bought by
Braun Robert L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wetzel Terry Lee | $500,000 | None Listed On Document | |
| Sager Kyle | $77,000 | First Intl Title Inc | |
| Federal National Mortgage Asociation | $105,000 | Attorney | |
| Howell Hugh W | -- | Attorney | |
| Howell Hugh W | -- | Attorney | |
| Braun Robert L | $39,500 | Security First Title Partner |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wetzel Terry Lee | $500,000 | |
| Previous Owner | Howell Hugh W | $405,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/26/2023 06/26/23 | Sold | $500,000 | -9.1% | $177 / Sq Ft |
| 05/16/2023 05/16/23 | Pending | -- | -- | -- |
| 12/12/2022 12/12/22 | Price Changed | $549,999 | -6.0% | $195 / Sq Ft |
| 09/10/2022 09/10/22 | For Sale | $584,900 | +659.6% | $207 / Sq Ft |
| 09/28/2015 09/28/15 | Sold | $77,000 | -19.5% | $40 / Sq Ft |
| 08/24/2015 08/24/15 | Pending | -- | -- | -- |
| 04/30/2015 04/30/15 | For Sale | $95,600 | -- | $49 / Sq Ft |
Source: Heartland Association of REALTORS®
Tax History Compared to Growth
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 | $6,280 | $420,295 | -- | -- |
| 2023 | $6,280 | $433,345 | $72,969 | $360,376 |
| 2022 | $4,011 | $269,950 | $72,969 | $196,981 |
| 2021 | $3,899 | $252,813 | $72,969 | $179,844 |
| 2020 | $3,463 | $213,179 | $0 | $0 |
| 2019 | $3,237 | $197,281 | $0 | $0 |
| 2018 | $3,276 | $197,182 | $0 | $0 |
| 2017 | $2,747 | $165,827 | $0 | $0 |
| 2016 | $2,580 | $150,716 | $0 | $0 |
| 2015 | $2,355 | $137,056 | $0 | $0 |
| 2014 | $2,326 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Cheryl Oxsalida
Paradise Real Estate International LLC
(863) 214-3663
166 Total Sales
-
Seller's Agent in 2015
James Donohue
RE/MAX
(863) 446-1260
266 Total Sales
Map
Source: Heartland Association of REALTORS®
MLS Number: 289463
APN: C-29-35-31-A00-0162-0000
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