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Volusia 32180 Lake George Pines
289 Old Bubbly ROAD
$375,000
● House - Off Market

289 Old Bubbly ROAD

PIERSON, FL 32180
bedrooms
1 Bed
bathrooms
1 Bath
square feet
792 Ft²
$2,378
Est. Monthly
3.02%
Cap Rate

About This Property

SELLER FINANCING AVAILABLE, 0% Interest!!!! Don't miss out ! Welcome to the private community of Lake George Pines. Now accepting offers on 2 parcels totaling  26 acres of high and dry less than 1 mile from Lake George itself. Here's your chance to own a  barndominium on the water! Eat your eggs and bacon overlooking the tranquil pond thriving with wildlife. ATV trails flow all throughout both properties with ample room to store all of your toys. Also, a few minutes away is the Pierson Boat Ramp. Drop your boat and cruise over to Silver Glen Springs for crystal clear waters and white sand. This is country living at its finest.  Schedule a showing today , dont let this one of a kind property slip by.
Unit Size
792 Ft²
Days on Market
-
Land Size
12.21 acres
Price per sqft
$568
Property Type
House
Property Taxes
$168
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #O6147227)

Price History

Date / Event Date Event Price
Jan 3, 2024 Sold
Premium
Sold
Dec 4, 2023 In contract -
In contract
Nov 30, 2023 Relisted $450,000
Relisted
Nov 27, 2023 In contract -
In contract
Nov 7, 2023 Relisted $450,000
Relisted
Show More

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 531,868
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: JOHN LOWE GRANT
  • Land Acres: 0000012210
  • Standard Land Use Code: 8001
  • County Land Use Code: 0012
  • State Land Use Code: 00
  • Legal Description 1: 30 31 32 37 & 38-14-28 IRREG PARCEL IN SECS 31 37 & 38 MEAS 100 FT ON N/L & 2329.29 FT ON E/L AKA LOT 31 UNREC SUB LAKEGEORGE PINES PHASE I PER OR 5208 PGS 1553-1554 PER OR 7135 PG 3958 PER OR 7728 PG 4218 PER OR 8427 PG 2288

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 090102

Zoning

  • Zoning: 01A3

Geography

  • Assessors Map Reference: W1-0005
  • Account Number: 5039081
  • Section: 31
  • Subdivision Phase Number: 1
  • Subdivision Tract Number: 02
  • Parcel: 4832-02-00-0310
  • Lot: 31
  • Meridian: SEC 32 TWN 14S RNG 28E
  • Municipality: UNINCORPORATED - WESTSIDE
  • Latitude: 29.2411
  • Longitude: -81.5105

    Address

  • Full Address: 289 Old Bubbly Rd
  • Address - House Number: 289
  • Address - Street Name: Old Bubbly
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Pierson
  • Carrier Code: R003
  • 4-Digit Zip Code: 2278
  • Zip Code: 32180

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $210,911
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 100

    Market Valuation

  • Market Total Value: $133,911
  • Market Land Value: $108,974
  • Market Improvement Value: $24,937

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,911
  • Assessed Land Value: $108,974
  • Assessed Improvements Value: $24,937

    Sales

  • Current Sale Contract Date: Dec 21, 2023
  • Current Sale Recording Date: Jan 03, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1497
  • Previous Sale Recording Date: Jul 06, 2015
  • Previous Sale Contract Date: Jun 19, 2015
  • Previous Sale Amount: $7,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lake George Pines

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

4170 ft²

Average Home Age

1 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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STELLAR

Listed by: Matt Paul
HOMEVEST REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6147227
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 289 Old Bubbly Road built and last sold?
The property at 289 Old Bubbly Road was built in and last sold on Dec 21, 2023 for $375,000.
How much is this home worth?
The estimated value of the home located at 289 Old Bubbly Road is $0.
What are some comparable homes to 289 Old Bubbly Road?
There are currently no comparable homes to 289 Old Bubbly Road.
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