NOT LISTED FOR SALE

535 S Terrace Dr Eagle Lake, FL 33839

Estimated Value: $360,000 - $398,000

3 Beds
2 Baths
2,479 Sq Ft
$151/Sq Ft Est. Value

Last Sold April 22, 2019

Last sale price $235,000 $95 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,271/month

226 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Private Beach
  • 0.71 Acre Lot
  • Frank E. Brigham Academy Rated 9+
  • Lake View
  • Living Room with Fireplace

About This Home

As of April 2019

TRUE LAKEFRONT 3 BEDROOM 2 BATH ON .71 ACRE AND USDA ELIGIBLE. This 2479 sq ft home with over 3000 ft. under roof offers so much including incredible lakefront views from the finished 18x27 Florida room, formal Dining Room, Family Room, formal Living Room with fireplace, split bedroom plan with private lakefront master suite and so much more. The lush lawn is fully irrigated by irrigation pump from lake saving thousands per year in in water bills. The large (675 acre) lake is considered one of the area's best for water clarity, sandy bottom, fishing and skiing. The rear yard is fully fenced and has attached fenced dog run. The home has been meticulously maintained considering current owner has resided since 1969. Recent updates include HVAC and water heater replaced 4 years ago, new security system in 2012 and post 2004 hurricane roof. Don't miss your opportunity to own a a lakefront home at an incredible value.

Last Agent to Sell the Property

Brad Martin

BETTER HOMES AND GARDENS REAL ESTATE LIFESTYLES REALTY License #3260442 Listed on: 08/07/2018

BETTER HOMES AND GARDENS REAL ESTATE LIFESTYLES REALTY

Last Buyer's Agent

Judy Barnett

KING REAL ESTATE SERVICES License #004105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,377

Year Built

  • Built in 1954

Lot Details

  • 0.71 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Private Beach
  • Street terminates at a dead end
  • Fenced
  • Irrigation

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,479 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Ceramic Tile Flooring
  • Lake Views
  • Security System Owned
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access To Lake

Schools

  • Eagle Lake Elementary School
  • Westwood Middle School
  • Lake Region High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Eagle Lake Terrace Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,377

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2479
  • Lot Size Acres: 0.71
  • New Construction: No
  • Year Built: 1954
  • Building Area Total: 3006
  • Lot Size Sq Ft: 30753
  • Directions to Property: From Hwy 17, turn left onto Lake Avenue, turn left onto S. Bingham St, continue onto Felton St, turn left onto Terrace Dr, property will be on the right.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=P4901836&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=P4901836&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95918
  • Price per Sq Ft: 94.8
  • Close to Original List Price Ratio: 0.94038
  • Ratio: Current Price\Building Area Total: 78.18
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Decorative, Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Spa Yn: No
  • Street Number Modifier: 535
  • Room Count: 8
  • Additional Rooms: Family Room, Florida Room, Formal Dining Room Separate, Formal Living Room Separate
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Fenced, Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • Water Body Name: Eagle Lake
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Beach - Private, Lake
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0510G
  • Waterfront Frontage: 100
  • Water Frontage Feet Lake: 100
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Canal/Lake For Irrigation
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security System Owned
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Eagle Lake Elem
  • High School: Lake Region High
  • Middle Or Junior School: Westwood Middle

Lot Info

  • Zoning: 0
  • Parcel Number: 25-29-12-357700-000040
  • Additional Parcels: No
  • Lot Features: In County
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 7 Months
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1377
  • Tax Block: 0/0
  • Tax Book Number: 34-32
  • Tax Lot: 4

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Apr 22, 2019
Sold by
Rice Revocable Living Trust
Bought by
Dunn Mathew
Seller's Agent
Brad Martin
BETTER HOMES AND GARDENS REAL ESTATE LIFESTYLES REALTY
Buyer's Agent
Judy Barnett
KING REAL ESTATE SERVICES
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%
Current Estimated Value
$374,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,512
Avg. Annual Appreciation
7.57%
Original Mortgage
$211,500
Outstanding Balance
$186,325
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$188,187

Purchase Details

Closed on
Dec 4, 2007
Sold by
Rice Earl W
Bought by
Rice Earl W and Rice Revocable Living Trust
Source: Public Records

Range of Values:

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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
Dunn Mathew $235,000 Security National T&E Llc
Rice Earl W -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunn Mathew $211,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2019 04/22/19 Sold $235,000 -4.1% $95 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
03/11/2019 03/11/19 Price Changed $245,000 -2.0% $99 / Sq Ft
11/15/2018 11/15/18 For Sale $249,900 0.0% $101 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $249,900 0.0% $101 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $249,900 0.0% $101 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $249,900 -- $101 / Sq Ft
Source: Stellar MLS

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
2025 $2,955 $226,715 -- --
2024 $2,760 $220,326 -- --
2023 $2,760 $213,909 $0 $0
2022 $2,677 $207,679 $0 $0
2021 $2,695 $201,630 $0 $0
2020 $2,655 $198,846 $47,040 $151,806
2018 $1,409 $110,397 $0 $0
2017 $1,377 $108,126 $0 $0
2016 $1,338 $105,902 $0 $0
2015 $1,007 $105,166 $0 $0
2014 $1,266 $104,331 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4901836

Stellar MLS

APN: 25-29-12-357700-000040