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1506 Black Bear Avenue

1506 Black Bear Avenue, Lake Placid, FL 33852
Property in Lake Placid
Sold Apr 27, 2021
$169,900
$161,405 by Caliber Home Loans Inc
Mortgage Due May 01, 2051
Sold Feb 14, 2019
$137,000
Local assessors in Lake Placid, FL have categorized 1506 Black Bear Avenue as a residential type of property. The home was built in 1994 and is 30 years old. It was most recently renovated and altered in 1996. The property's lot size has been calculated to be 9,376 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 750 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1506 Black Bear Avenue has a total of 1,472 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 460 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of materials that we aren't sure of. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1506 Black Bear Avenue sold most recently in Apr 23, 2021 for a total of $169,900. If you work out the math, that's approximately a cost of $87.94 per sqft. Before that, the property was also sold for $137,000 in Feb 13, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,416 in taxes each year. 1506 Black Bear Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $119,170. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,376
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,932
  • Gross Building Area: 1,932
  • Building Area: 1,472
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,472
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SYLVAN SHORES EST
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SYLVAN SHORES EST SEC D PB 7-PG 13 LOT 164

Ownership

  • Current Owner : KLIPPER ROBERT W
  • Current Owner 2: KLIPPER DEBORAH S
  • Previous Owner : KEARNS JANET
  • Owner Before Previous Owner: ALESSI GERALD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Highlands County School District
  • Census Tract: 961500

Zoning

  • Zoning: R1

Geography

  • Parcel: C-29-36-30-040-0000-1640
  • Lot: 164
  • Meridian: SEC 29 TWN 36S RNG 30E
  • Municipality: COUNTY SOUTHWEST WATER
  • Latitude: 27.3249
  • Longitude: -81.3438

    Address

  • Full Address: 1506 Black Bear Ave
  • Address - House Number: 1506
  • Address - Street Name: Black Bear
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Lake Placid
  • Carrier Code: R010
  • 4-Digit Zip Code: 8575
  • Zip Code: 33852

Valuation

    Tax

  • Total Area: 1,703
  • Tax Year: 2022
  • Tax Amount: $1,416
  • Tax Rate Code Area: 40

    Appraisal Valuation

  • Standard Deviation: 0.2499
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 64
  • Final Value: 261,710
  • High Value: 327,115
  • Low Value: 196,305

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $161,405
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Apr 27, 2021
  • First Open Lien Mortgage Loan Amount: $161,405
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $156,597
  • Market Land Value: $6,000
  • Market Improvement Value: $150,597

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $119,170

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 23, 2021
  • Current Sale Recording Date: Apr 27, 2021
  • Current Sale Transaction ID: 11833100410
  • Current Sale Price: $169,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2031428
  • Previous Sale Recording Date: Feb 14, 2019
  • Previous Sale Contract Date: Feb 13, 2019
  • Previous Sale Amount: $137,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Apr 27, 2021
  • First Mortgage Loan Amount: $161,405
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

About Highlands



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1506 Black Bear Avenue located in?
The 1506 Black Bear Avenue is a located in the neighborhood of Lake Placid in Highlands, Lake Placid.
What is the average sales price for listings in 1506 Black Bear Avenue?
The average sales price for units in 1506 Black Bear Avenue is $0 currently.

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