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Lake 34748 Royal Highlands
5904 Bag Pipe PLACE
$255,000
● House - Off Market

5904 Bag Pipe PLACE

LEESBURG, FL 34748
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,344 Ft²
$281,163
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Welcome home to the active retirement community you have been looking for! This spacious and bright 2 bedroom, 2 bath home situated on a corner lot is the perfect answer to that. This home features a large 2 car garage, with extended work area inside the garage. Both front and back door have screens and the garage door has a large screen to enjoy those cooler winter months here in Central Florida. There is also an expanded 11X17 dining room. The community features 2 pools both indoor and outdoor, golf, fitness center, pickleball, restaurant, library, billiard room and even on site parking in the community for your RV. Let the video show you why this should be your Florida home!
Unit Size
1,344 Ft²
Days on Market
236 days
Land Size
0.16 acres
Price per sqft
$208
Property Type
House
Property Taxes
$74
HOA Dues
$192
Year Built
1998

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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 #O6057598)

Price History

Date / Event Date Event Price
May 8, 2023 Sold
Premium
Sold
Sep 8, 2022 Listed by ELITE PROPERTIES GROUP OF LAKE , INC $279,000
Listed by ELITE PROPERTIES GROUP OF LAKE , INC
Jun 17, 2004 Sold
Premium
Sold
Oct 2, 1997 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Patio Type: 93
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,938
  • Total Building Area: 1,916
  • Gross Building Area: 1,916
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROYAL HIGHLANDS PHASE 1-B SUB
  • Land Acres: 0000000159
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: ROYAL HIGHLANDS PHASE 1-B SUB LOT 478 PB 39 PGS 32-36 ORB 6137 PG 1136

Neighborhood

  • School District Name: Lake County School District
  • Census Tract: 031203

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 82
  • Account Number: 3776580
  • Subdivision Tract Number: 1810
  • Parcel: 13-21-24-1810-000-47800
  • Lot: 478
  • Meridian: SEC 13 TWN 21S RNG 24E
  • Municipality: UNINCORPORATED
  • Latitude: 28.6679
  • Longitude: -81.8565

    Address

  • Full Address: 5904 Bag Pipe Pl
  • Address - House Number: 5904
  • Address - Street Name: Bag Pipe
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Leesburg
  • Carrier Code: R018
  • 4-Digit Zip Code: 7969
  • Zip Code: 34748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $105,530
  • Tax Rate Code Area: 3

    Appraisal Valuation

  • Standard Deviation: 0.1982
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 279,594
  • High Value: 335,035
  • Low Value: 224,152

    Market Valuation

  • Market Total Value: $217,395
  • Market Land Value: $55,125
  • Market Improvement Value: $162,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,430

    Sales

  • Current Sale Contract Date: May 01, 2023
  • Current Sale Recording Date: May 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 53207
  • Previous Sale Recording Date: Jun 17, 2004
  • Previous Sale Contract Date: Jun 11, 2004
  • Previous Sale Amount: $135,000
  • 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 Royal Highlands

Stats & Trends

Median Asking:

$325,900

Sale Price/ft²

$174

Below Asking

0.04%

Average Days on Market

84

Average Home Size

1915 ft²

Average Home Age

25.5 years

Currently For Sale

45 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

Unit for rent at 20634 Queen Alexandra Drive, LEESBURG, FL, 34748

$1,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,854 ft²
20634 Queen Alexandra Drive, LEESBURG, FL, 34748 Listing by Jeremy Gunn

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Jennifer Kuropkat
ELITE PROPERTIES GROUP OF LAKE , INC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6057598
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 5904 Bagpipe Place built and last sold?
The property at 5904 Bagpipe Place was built in 1998 and last sold on May 1, 2023 for $255,000.
How much is this home worth?
The estimated value of the home located at 5904 Bagpipe Place is $278,229.
What are some comparable homes to 5904 Bagpipe Place?
There are currently no comparable homes to 5904 Bagpipe Place.
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