See Home Value
Clearwater 33756
1240 S LAKE DRIVE
$428,395*
House - Off Market

1240 S LAKE DRIVE

CLEARWATER, FL 33756
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1265 Sqft
$369,000 - $451,000
Reference Base Price*
4.49%
Since Mar 1, 2023
National-US
Primary Model
Sold Feb 22, 2023
$400,000
$392,755 by United Wholesale Mortgage Llc
Mortgage Due Mar 01, 2053
Sold Apr 01, 2021
$320,000
$304,000 by Hometown Lenders Inc
Mortgage Due Apr 01, 2051

About This Property

CORNER LOT - Price accordingly for a completely REMODELED interior & exterior AND double-paned WINDOWS in 2021 all PUBLIC UTILITIES sewer/water. Concrete block home has been transformed into a modern and contemporary move-in ready 3-BEDROOMS, 2-BATHROOMS, 2-CAR garage. Metal ROOF 1999, HVAC 2022, water heater 2015. Covered tiled porches with Deco art glass enhanced doors. Tiled woodgrain plank throughout the house with all-new ceiling fans and light fixtures. The MASTER Bedroom located in the back of the house has an ENSUITE bathroom. The KITCHEN has stainless steel appliances, a built-in microwave, quartz countertops, Shaker wood cabinets with plenty of space, an island, a pantry, and an eat-in kitchen area. A covered tiled patio opens to the large newly wood FENCED BACKYARD for privacy. Located on a DEAD-END STREET. NO HOA fees or CDD tax! No flood insurance is needed! Short drive to World-famous Clearwater Beach and the Gulf Coast. Less than a 5-minute drive to YMCA, Highlands Recreation Complex, Eagle Lake Park, and Crest Lake Park. Close to major roadways – everything is minutes away!

The manager has listed the unit size as 1265 square feet.
Unit Size
1,265Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$324
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
1956

Price History

Date / Event Date Event Price
Feb 22, 2023 Sold to Morgan Ormsby, Nicholas Hughes $400,000
Sold to Morgan Ormsby, Nicholas Hughes
Feb 19, 2023 No longer available -
No longer available
Jan 25, 2023 In contract -
In contract
Jan 4, 2023 Price Decreased $410,000
↓ $10K (2.4%)
Price Decreased
Dec 10, 2022 Price Decreased $420,000
↓ $5K (1.2%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Custom
  • Exterior Walls Type: Brick
  • Interior Walls Type: Composition
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 496
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,937
  • Lot Size Depth Feet: 970
  • Lot Size Frontage Feet: 830
  • Total Building Area: 2,202
  • Gross Building Area: 2,202
  • Building Area: 1,265
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,265
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GATES KNOLL 1ST ADD
  • Land Acres: 0.182
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GATES KNOLL 1ST ADD LOT 46 & E 5FT OF LOT 47

Ownership

  • Current Owner : HUGHES NICHOLAS
  • Current Owner 2: ORMSBY MORGAN
  • Previous Owner : BLACKLEDGE JOSHUA ROBERT
  • Previous Owner 2: BLACKLEDGE ELIZABETH MOC
  • Owner Before Previous Owner: SADIKILARI ERJON
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 11, 2024

Neighborhood

  • School District Name: Pinellas County School District
  • Census Tract: 026501

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 108
  • Account Number: R249441
  • District: CW
  • Subdivision Tract Number: 30366
  • Parcel: 23-29-15-30366-000-0460
  • Lot: 46,47
  • Meridian: SEC 23 TWN 29S RNG 15E
  • Municipality: CLEARWATER
  • Latitude: 27.9517
  • Longitude: -82.7713

    Address

  • Full Address: 1240 S Lake Dr
  • Address - House Number: 1240
  • Street Direction: S
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Clearwater
  • Carrier Code: C007
  • 4-Digit Zip Code: 4416
  • Zip Code: 33756

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,908
  • Tax Rate Code Area: CW

    Appraisal Valuation

  • Standard Deviation: 0.2068
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 428,634
  • High Value: 517,300
  • Low Value: 339,968

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $392,755
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 22, 2023
  • First Open Lien Mortgage Loan Amount: $392,755
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2053

    Market Valuation

  • Market Total Value: $295,407
  • Market Land Value: $144,561
  • Market Improvement Value: $150,846

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $295,407
  • Assessed Land Value: $144,561
  • Assessed Improvements Value: $150,846

    Sales

  • Current Sale Contract Date: Feb 17, 2023
  • Current Sale Recording Date: Feb 22, 2023
  • Current Sale Transaction ID: 11902585655
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 46516
  • Previous Sale Recording Date: Apr 01, 2021
  • Previous Sale Contract Date: Mar 24, 2021
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 22, 2023
  • First Mortgage Loan Amount: $392,755
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: HOMETOWN LENDERS INC
  • Previous Mortgage Transaction Date: Apr 01, 2021
  • Previous Mortgage Loan Amount: $304,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,329 ft²
$300/ft²
$398,500 Dec 16, 2022
-
$227/mo
House
3 Beds
2 Baths
1,354 ft²
$332/ft²
$449,000 Jan 18, 2023
-
$142/mo
House
3 Beds
2 Baths
1,397 ft²
$304/ft²
$425,000 Jan 11, 2023
-
$363/mo
House
3 Beds
2 Baths
1,358 ft²
$295/ft²
$400,000 Jan 17, 2023
-
$176/mo
House
3 Beds
2 Baths
1,040 ft²
$337/ft²
$350,000 Jan 5, 2023
-
$194/mo
House
3 Beds
2 Baths
1,740 ft²
$275/ft²
$479,000 Jan 10, 2023
-
$291/mo
House
3 Beds
3 Baths
1,824 ft²
$258/ft²
$469,900 Dec 27, 2022
-
$339/mo
House
3 Beds
3 Baths
1,835 ft²
$255/ft²
$467,500 Dec 8, 2022
-
$156/mo
House
2 Beds
2 Baths
1,376 ft²
$291/ft²
$399,777 Jan 8, 2023
-
$403/mo
House
2 Beds
2 Baths
1,504 ft²
$265/ft²
$398,000 Sep 22, 2022
-
$246/mo
House
2 Beds
2 Baths
1,441 ft²
$280/ft²
$403,000 Dec 12, 2022
-
$320/mo
House
4 Beds
3 Baths
1,956 ft²
$248/ft²
$485,000 Dec 20, 2022
-
$340/mo

About Clearwater


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Frequently Asked Questions

When was property at 1240 South Lake Drive built and last sold?
The property at 1240 South Lake Drive was built in 1956 and last sold on Feb 17, 2023 for $400,000.
How much is this home worth?
The estimated value of the home located at 1240 South Lake Drive is $421,525.
What are some comparable homes to 1240 South Lake Drive?
Homes that are comparable to 1240 South Lake Drive include a house property at 1360 South Hillcrest Avenue, 1656 Eden Court, 1390 South Hillcrest Avenue.

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