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1540 Lake Clay Drive

1540 Lake Clay Drive, Lake Placid, FL 33852
Property in Lake Placid
Sold Jul 15, 2011
$225,000
$180,000 by Midflorida Cu
Mortgage Due Jul 01, 2041
Sold Mar 29, 2010
Transfer
1540 Lake Clay Drive has been categorized by the local assessors in Lake Placid, FL as a residential type of property. The building on the property was first built in 1977 and is 47 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1540 Lake Clay Drive has 1,897 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,000 ft and across the front of the lot is 770 ft. The area measurement of the land has been determined as 15,435 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 441 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a enclosed pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable or hip style roof made of metal. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1540 Lake Clay Drive sold most recently in Jun 30, 2011 for a total of $225,000. If you work out the math, that's approximately a cost of $96.24 per sqft. 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 $1,587 in taxes each year. 1540 Lake Clay Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $128,813. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: B
  • 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: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Pool Type: Enclosed pool

    Dimensions

  • Lot Size Square Feet: 15,435
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 770
  • Total Building Area: 2,338
  • Gross Building Area: 2,338
  • Building Area: 1,897
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,897
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SYLVAN SHORES EST
  • Land Acres: 0.354
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SYLVAN SHORES EST SEC E PB 7-PG 33 LOT 10

Ownership

  • Current Owner : JONES WILLIAM C L
  • Current Owner 2: JONES LORI B
  • Previous Owner : VANHOWE DOROTHY J
  • Previous Owner 2: HOWE KIMI VAN
  • Owner Before Previous Owner: DOCKSTADER DAVID D
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

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

Zoning

  • Zoning: R1A

Geography

  • Parcel: C-29-36-30-050-0000-0100
  • Lot: 10
  • Meridian: SEC 29 TWN 36S RNG 30E
  • Municipality: COUNTY SOUTHWEST WATER
  • Latitude: 27.3175
  • Longitude: -81.3464

    Address

  • Full Address: 1540 Lake Clay Dr
  • Address - House Number: 1540
  • Address - Street Name: Lake Clay
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Lake Placid
  • Carrier Code: R002
  • 4-Digit Zip Code: 8303
  • Zip Code: 33852

Valuation

    Tax

  • Total Area: 2,269
  • Tax Year: 2022
  • Tax Amount: $1,587
  • Tax Rate Code Area: 40

    Appraisal Valuation

  • Standard Deviation: 0.21
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 546,805
  • High Value: 661,668
  • Low Value: 431,942

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: MIDFLORIDA CU
  • First Open Lien Mortgage Recording Date: Jul 15, 2011
  • First Open Lien Mortgage Loan Amount: $180,000
  • 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: Jul 01, 2041

    Market Valuation

  • Market Total Value: $361,151
  • Market Land Value: $77,000
  • Market Improvement Value: $284,151

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $128,813

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2011
  • Current Sale Recording Date: Jul 15, 2011
  • Current Sale Transaction ID: 1100512278
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1625957
  • Previous Sale Recording Date: Mar 29, 2010
  • Previous Sale Contract Date: Mar 22, 2010
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDFLORIDA CU
  • First Mortgage Transaction Date: Jul 15, 2011
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2041

About Highlands



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Frequently Asked Questions

What neighborhood is 1540 Lake Clay Drive located in?
The 1540 Lake Clay Drive is a located in the neighborhood of Lake Placid in Highlands, Lake Placid.
What is the average sales price for listings in 1540 Lake Clay Drive?
The average sales price for units in 1540 Lake Clay Drive is $0 currently.

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