$230,000
SOLD APR 24, 2025

523 Silver Lake Rd Monticello, FL 32344

2 Beds
1 Bath
1,316 Sq Ft
12 Acres

Recently Sold

$175 Per Sq Ft

8% Below List Price

26 Days on Market

Highlights

  • 12 Acre Lot
  • Cottage
  • Cooling Available
  • High Ceiling
  • Fireplace
  • Tile Flooring

About This Home

As of April 2025

Prime location in NE Jefferson County! Just 5 minutes to historic Monticello with easy travel to Tallahassee, Thomasville and Quitman. Lots of properties boast horse potential, but this 12 acre parcel truly has room for all your equine needs. High and dry with paved roads. Unlock the potential of this home that’s ready for a transformation! While extensive repairs are needed, this property presents an exciting opportunity to reimagine and create the home you’ve always dreamed of. Perfect for investors, visionaries, or those looking for a project, this house sits on a generous lot in a desirable location. With your hard work and creativity, it can become a true gem!

Last Agent to Sell the Property

Brian Bachman

Kelly & Kelly Properties, Inc License #3502549 Listed on: 03/26/2025

Last Buyer's Agent

Brenna Kelly-Ward

Kelly & Kelly Properties, Inc License #3355400

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,797

Year Built

  • Built in 1970

Lot Details

  • 12 Acre Lot
  • Lot Dimensions are 535x760x880x771

Parking

  • 1 Carport Space

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,316 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Fireplace
  • Crawl Space
  • Cooktop

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Jefferson Elementary School
  • Jefferson County Middle School
  • Jefferson County High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 12065-13-2N-5E-0000-001B-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,797

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Waterfront: No
  • Year Built: 1970
  • Directions: Ashville Hwy north from Monticello to Silver Lake Rd. Right on Silver Lake Rd - Property is on the l
  • Elementary School: Jefferson Elementary
  • High School: Jefferson County High School
  • PropertySubType: Detached
  • PropertyType: Residential
  • Lot Size: 535x760x880x771
  • ResoRoadSurfaceType: Paved
  • Appliances: Cooktop
  • Subdivision Name: None
  • Owner Name: Bellace
  • Architectural Style: Cottage, One Story
  • Bedrooms: 2
  • ResoBuildingAreaSource: Assessor
  • Carport Y N: Yes
  • Fireplace: Yes
  • Reso Interior Features: High Ceilings
  • Reso Parking Features: Carport, One Space
  • Property Attached Yn: No
  • Building Stories: 1
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • PropertySubTypeAdditional: Detached,Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Plank, Tile, Vinyl
  • Full Bathrooms: 1
  • Living Area: 1316.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • View: None
  • Acres: 12.0
  • Pool Private: No
  • View: No
  • Home Warranty: No
  • Construction Materials: Vinyl Siding
  • Foundation Details: Crawlspace

Garage/Parking

  • Carport Spaces: 1.0

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

  • Middle Or Junior School: Jefferson County Middle School

Lot Info

  • Parcel Number: 12065-13-2N-5E-0000-001B-0000

Tax Info

  • Tax Annual Amount: 1797.0
  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2025
Closed on
Apr 25, 2025
Sold by
Bellace Charles
Bought by
Bellace Charles and Blank Leslie C
Seller's Agent
Brian Bachman
Kelly & Kelly Properties, Inc
Buyer's Agent
Brenna Kelly-Ward
Kelly & Kelly Properties, Inc
List Price
$249,000
Sold Price
$230,000
Premium/Discount to List
-$19,000
-7.63%
Views
45
Current Estimated Value
$239,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,133
Avg. Annual Appreciation
12.52%

Purchase Details

Closed on
Aug 6, 2021
Sold by
Tuten James Matthew and Tuten Tiffany Paige
Bought by
Bellace E Penelope M

Purchase Details

Closed on
Aug 20, 2019
Sold by
Tuten Catherine
Bought by
Tuten James

Purchase Details

Closed on
Nov 21, 2013
Sold by
Tuten Catherine S
Bought by
Tuten James Matthew
Source: Public Records

Similar Homes in Monticello, FL

  • 130 Simpson Ave, Monticello, FL 32344

    $269,000

    • 3 Beds
    • 2 Baths
    • 1,654 Sq Ft
    • 130 Simpson Ave
    • Monticello, FL

    Beautiful home located in historic Monticello within walking distance to downtown shopping, restaurants, and farmers market. Featuring 3 spacious bedrooms with 2 large bathrooms and a walk-in closet. This charming cottage has an extra office/study area, original fireplace, glass french doors to dining room and updates throughout while staying true to its original character. Step outside to a

    Suzanna Malone Lauer Real Estate Group LLC

    Section Image
  • 18 Perkins Williams Rd, Monticello, FL 32344

    $178,000

    • 3 Beds
    • 3 Baths
    • 2,635 Sq Ft
    • 18 Perkins Williams Rd
    • Monticello, FL

    Opportunity to finish a traditional-style home on 2.02 acres in the Monticello countryside. Built in 2001 by a local contractor, the home is approximately 80% complete and has never been lived in. The structure needs a new roof, HVAC system, water heater, bedroom flooring, and completion of the master bath. There is visible foundation settlement—cause and extent unknown. Located in a flood

    Ashley Hartsfield Keller Williams Town & Country

    Section Image
  • 2422 N Jefferson St, Monticello, FL 32344

    $269,000

    • 3 Beds
    • 3 Baths
    • 2,280 Sq Ft
    • 2422 N Jefferson St
    • Monticello, FL

    This beautiful double-wide has been immaculately maintained, with recent updates, including new floors in the kitchen/laundry/guest bath (2014), a new refrigerator (2022), and a new hot water heater (2021). The living area boasts a space large enough to accommodate separate living and family rooms. The kitchen has a 2nd prep sink in the island with a disposal. The bedrooms are incredibly large

    Brenna Kelly-Ward Kelly & Kelly Properties, Inc

    Section Image
  • 685 E Washington St, Monticello, FL 32344

    $275,000

    • 4 Beds
    • 2 Baths
    • 1,812 Sq Ft
    • 685 E Washington St
    • Monticello, FL

    Perfect brick family home right downtown! Walk to the veggie stand across the street and all the Monticello shops! Renovated 4-bed, 2-bath home. New roof!! New Custom Kitchen cabinets, granite counters, and SS Appliance package perfect for all those home chefs. The open-plan kitchen opens directly into the dining and living room. New Flooring, Paint, Light fixtures, Custom closets and bookcases

    Lee Hall Capital City Real Estate Group

    Section Image
  • 2436 N Jefferson Hwy, Monticello, FL 32344

    $219,000

    • 3 Beds
    • 2 Baths
    • 2,390 Sq Ft
    • 2436 N Jefferson Hwy
    • Monticello, FL

    Discover the perfect blend of rustic charm and opportunity with this unique country property. Nestled on 3+ acres, this older farm house offers character and room to grow. The main home features spacious living areas with wood floors throughout and plenty of potential for updates to make it your own. Front screen porch and large utility room. Also included is a second block home that will need

    Pam Kelly Kelly & Kelly Properties, Inc

    Section Image
  • 375 Maple St, Monticello, FL 32344

    $179,000

    • 3 Beds
    • 2 Baths
    • 1,716 Sq Ft
    • 375 Maple St
    • Monticello, FL

    Affordable home nestled in the heart of Monticello! This spacious home sports a freshly painted open floor plan. Wood finished line this home sharing a feeling of craftsmanship. Updated appliances make this home walk in ready for its next family. Nestled on a corner lot, this home has great curb appeal.

    Caleb Stephens Silo Hill Properties

    Section Image
  • 1065 S Mulberry St, Monticello, FL 32344

    $215,900

    • 2 Beds
    • 2 Baths
    • 1,356 Sq Ft
    • 1065 S Mulberry St
    • Monticello, FL

    This cozy home located in the heart of Monticello is the perfect 2/2 for a starter family looking to settle down or someone looking for a small, southern home in a quiet town! There is so much potential with good bones from the old hardwood floors to the floor-to-ceiling windows. This home is in walking distance to the roundabout near restaurants and antique shops or to the grocery store. With a

    Katherine Gonzalez Pearson Realty Inc.

    Section Image
  • 44 Pine Needle Trace, Monticello, FL 32344

    $239,000

    • 3 Beds
    • 2 Baths
    • 1,234 Sq Ft
    • 44 Pine Needle Trace
    • Monticello, FL

    Charming Home with Open Floor Plan in Beautiful Monticello, FL! Welcome to this cozy well maintained home featuring an inviting open floor plan, warm wood-burning fireplace and vaulted ceilings that add space and character. French doors off the main living area open to a spacious deck overlooking the backyard. Freshly pained throughout the interior. Seller offering a flooring allowance with

    Pam Kelly Kelly & Kelly Properties, Inc

    Section Image
  • 34 W Hummingbird Ln, Monticello, FL 32344

    $239,900

    • 4 Beds
    • 3 Baths
    • 2,553 Sq Ft
    • 34 W Hummingbird Ln
    • Monticello, FL

    New beautiful LVP flooring on mother in law suite side of the property!! So many options with this property!! It boasts 2 separate living spaces joined by a common family room. One side of the home has 1 bed and 1 bath, it's own kitchen and living space. The other side of the home has 3 bedrooms, 2 bathrooms and the kitchen and living area. The family room with laundry is in the middle of the

    Susan Gillespie Lord & Stanley Realty, Inc.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $230,000 North Florida Abstract & Title
Warranty Deed $150,000 North Fl Abstract & Ttl Llc
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Sold $230,000 -7.6% $175 / Sq Ft
03/26/2025 03/26/25 For Sale $249,000 -- $189 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board 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 $1,797 $151,228 $90,000 $61,228
2023 $1,485 $71,879 $0 $0
2022 $1,225 $66,146 $0 $0
2021 $769 $60,379 $0 $0
2020 $769 $59,674 $0 $0
2019 $719 $58,292 $0 $0
2018 $720 $57,261 $0 $0
2017 $691 $55,559 $0 $0
2016 $674 $54,807 $0 $0
2015 -- $55,586 $0 $0
2014 -- $57,139 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

MLS Number: 383825

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

APN: 13-2N-5E-0000-001B-0000