NOT LISTED FOR SALE

581 SE Lomond Ave Lake City, FL 32025

Estimated Value: $178,000 - $277,000

3 Beds
2 Baths
1,820 Sq Ft
$120/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $250,000 $137 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,373/month

56 Days on Market

Highlights

  • 0.77 Acre Lot
  • Sun or Florida Room
  • Covered Patio or Porch
  • Ranch Style House
  • No HOA
  • Utility Room in Garage

About This Home

As of May 2023

Ideal location for a future commercial enterprise. The current use is a residential rental but the Zoning is Comm Intensive. 200 ft of Baya frontage at the home and including the 4 city lots contiguous with this home. The seller will not split. Endless possibilities; rehab for your use. Could have 4-5 offices within the home. Metal roof less than one year old! Some aluminum windows have been changed out. The home is spacious, total sq ft is 3004 including the Florida room on the back. Wooden privacy fence blocks the neighbors. The seller is offering Seller Financing with 20% down, at 7% interest, for 20 years.

Last Agent to Sell the Property

Teresa Brannon

BRANNON REAL ESTATE, LLC. License #3105766 Listed on: 04/18/2023

Last Buyer's Agent

Rebecca Summers

eXp Realty LLC License #3416278

eXp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,201

Lot Details

  • 0.77 Acre Lot
  • Property fronts a state road
  • Privacy Fence
  • Wood Fence
  • Irregular Lot
  • Landscaped with Trees
  • Property is zoned CI

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Metal Roof
  • Concrete Siding

Interior Spaces

  • 1,820 Sq Ft Home
  • Aluminum Window Frames
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Utility Room in Garage

Kitchen

  • Stove
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,201

Lot Details

0

Listing Details

  • Second Address Number: 581
  • Association Special Assessment: No
  • Directions: Take 90 west towards downtown Lake City, turn right onto Baya ave, travel past the VA hosp. This property is next to KC's produce on the left. Fronts on Baya, though address says Lomond.
  • Homestead Year: No
  • Latitude Of Property: 30.182535
  • Listing Number String: 118856
  • Longitude Of Property: -82.618857
  • Prop. Type: Residential
  • Sale Agent Code: RESUMM
  • Sale Office Code: EXPRE
  • Stage Construction: Existing Resale
  • Type Utility: In Garage
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Breakfast Room: No
  • Appliances: Refrigerator, Stove Elec
  • Basement Full Bathrooms: 2
  • Lower Floor 1 Bedrooms: 3
  • Design: Single Story, Ranch
  • Dining Room: Yes
  • Family Room: Yes
  • Flooring: Other-See Remarks
  • Florida Room: Yes
  • Great Room: No
  • Heated Sq Ft: 1820
  • Interior Amenities: Laminate Counters
  • Dining Kitchen: Yes
  • Living Room: Yes
  • Windows: Aluminum

Exterior Features

  • Acreage: 0.768
  • Exterior Construction: Concrete Block
  • Exterior: Irregular Lot Size
  • Fencing: Wood, Privacy
  • Flood Zone: X
  • Foundation Details: Slab
  • Porch Type: Front, Covered Patio
  • Road: Paved, Government Maintained, State Road
  • Roof: Metal

Garage/Parking

  • Carport: No
  • Parking: 2 Car, Garage

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Public Connected
  • Hot Water: Public Connected

Condo/Co-op/Association

  • Home Owners Association: No

Green Features

  • Green Landscaping: Flowering Trees

Lot Info

  • Lot Size: 200'Bayax207'Montros
  • Zoning: CI

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2003
Sold by
Boyette Bryan S and Boyette Teresa Y
Bought by
Lang Victoria S and The Victoria S Lang Trust
Current Estimated Value
$217,403

Purchase Details

Closed on
Mar 19, 2002
Sold by
Gibson Helen S and Estate Of Muriel Riddle
Bought by
Boyette Bryan S and Boyette Teresa Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7%
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
Lang Victoria S $105,000 Title Offices Llc
Boyette Bryan S $78,000 Title Offices Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyette Bryan S $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $250,000 -9.1% $137 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
02/20/2023 02/20/23 For Sale $275,000 -- $151 / Sq Ft
Source: North Florida 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
2024 $2,201 $155,416 $13,500 $141,916
2023 $2,201 $133,985 $13,500 $120,485
2022 $2,019 $117,749 $13,500 $104,249
2021 $1,827 $100,176 $12,150 $88,026
2020 $1,556 $92,687 $12,150 $80,537
2019 $1,921 $99,836 $12,150 $87,686
2018 $1,779 $86,333 $12,150 $74,183
2017 $1,736 $82,929 $12,150 $70,779
2016 $1,704 $82,247 $12,150 $70,097
2015 $1,699 $80,204 $0 $0
2014 $1,679 $78,843 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Florida MLS

MLS Number: 118856

North Florida MLS

APN: 33-3S-17-06663-000