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520 Lake Clay Drive South

520 Lake Clay Drive South, Lake Placid, FL 33852
Property in Lake Placid
Sold Aug 19, 2022
$90,000
$70,000 by Ward David
Mortgage Due Sep 01, 2027
Sold Apr 07, 2011
$65,000
$65,000 by Lana L Tuerner Etal
Mortgage
Local assessors in Lake Placid, FL have categorized 520 Lake Clay Drive South as a residential type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 1,340 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. 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 520 Lake Clay Drive South has a total of 1,338 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. 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. 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 mansard style roof that was made of tar and gravel. 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. The property was last sold in Aug 19, 2022 for $90,000. That's $67.26 per sqft. Prior to that sales transaction, the property was also sold in Mar 5, 2011 for $65,000. 520 Lake Clay Drive South was last assessed in 2022. The total value of the property was assessed at $94,164. Specifically, the land the property is located on was valued at $4,000. While improvements on the property were assessed at a total of $90,164. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,288. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • 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
  • Building Style: Condo
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Mansard
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,340
  • Total Building Area: 1,338
  • Gross Building Area: 1,338
  • Building Area: 1,338
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,338
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: INTERLAKE CONDOMINIUM
  • Land Acres: 0.031
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: INTERLAKE CONDOMINIUM PER OR 915 PG 476 UNIT 520 + 1/15 INTEREST IN COMMON ELEMENTS

Ownership

  • Current Owner : MOONEY JAMES
  • Current Owner 2: WILSON LOUISE ANITA
  • Previous Owner : JAMES FINNEMEYER H
  • Owner Before Previous Owner: FINNEMEYER SHIRLEY W

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Parcel: P-31-36-30-080-00G1-5200
  • Meridian: SEC 31 TWN 36S RNG 30E
  • Municipality: LAKE PLACID CITY LIMITS
  • Latitude: 27.3026
  • Longitude: -81.3574

    Address

  • Full Address: 520 Lake Clay Dr S
  • Address - House Number: 520
  • Street Segment Direction: S
  • Address - Street Name: Lake Clay
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Lake Placid
  • Carrier Code: R002
  • 4-Digit Zip Code: 5161
  • Zip Code: 33852

Valuation

    Tax

  • Total Area: 1,314
  • Tax Year: 2022
  • Tax Amount: $1,288
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.2582
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 63
  • Final Value: 144,666
  • High Value: 182,027
  • Low Value: 107,306

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $70,000
  • First Open Lien Mortgage Lender: WARD DAVID
  • First Open Lien Mortgage Recording Date: Aug 19, 2022
  • First Open Lien Mortgage Loan Amount: $70,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2027
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $94,164
  • Market Land Value: $4,000
  • Market Improvement Value: $90,164

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $94,164
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $90,164

    Sales

  • Current Sale Contract Date: Aug 19, 2022
  • Current Sale Recording Date: Aug 19, 2022
  • Current Sale Transaction ID: 11894993307
  • Current Sale Price: $90,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2111077
  • Previous Sale Recording Date: Apr 07, 2011
  • Previous Sale Contract Date: Mar 05, 2011
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: WARD DAVID
  • First Mortgage Transaction Date: Aug 19, 2022
  • First Mortgage Loan Amount: $70,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2027

    Previous Mortgages

  • Previous Mortgage Lender: LANA L TUERNER ETAL
  • Previous Mortgage Transaction Date: Apr 07, 2011
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $65,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 520 Lake Clay Drive South located in?
The 520 Lake Clay Drive South is a located in the neighborhood of Lake Placid in Lake Placid, Lake Placid.
What is the average sales price for listings in 520 Lake Clay Drive South?
The average sales price for units in 520 Lake Clay Drive South is $0 currently.

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