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505 Bright Hill Ave, Lake Placid, FL, 33852

$199,000

Home List Price

$2,363*

Closing Credit

2 Bedrooms
1 Full Bath
1,003 SqFt
$198/SqFt
House

Location

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505 Bright Hill Ave, Lake Placid$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAssigned, Detached, Garage
Garage3 spaces
Year Built1968
HeatingCentral, Electric
CoolingCentral Air, Electric
FireplaceWood Burning
MLS #302349
Lot Size0.60 Acres
StatusAccepting Backup Offers
(Contingent)

About 505 Bright Hill Ave

GREAT Value on this quaint cottage across the street from Lake Istokpoga! Close to the boat ramp with frontage on two paved roads, this home sits on 0.6 acres with a large 24X40 steel building with a roll up door. Great for RV, Boats, or a workshop! Home features stainless appliances, a wood burning fireplace, terrazzo and tile flooring and a 13/20 garage that has been divided into two 10 X 12 storage spaces. Enclosed rear porch is currently set up as dining room. There is a covered shed with a concrete floor that will make a great outdoor cook shack, dog pen, whatever! Front of home is on Bright Hill and rear on Lakesedge Dr., with hardened driveways off both! See this home TODAY!

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1968
  • Stories: 1
  • Living Area: 1,003 SqFt

Listing Office:

  • Office Name: RE/MAX REALTY PLUS
  • Office Phone: (863) 385-0077

Interior Features

Interior Information:

  • Appliances: Oven, Range, Refrigerator
  • Flooring Type: Terrazzo, Tile
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Awning(s)

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Assigned, Detached, Garage

Virtual/3D Tour

  • Virtual Tour: 505 Bright Hill Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.60 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From US 27 and CR 621 in Lake Placid, take CR 621 east to left on Washington Blvd. to right on Bradley Ave to left on Bright Hill Ave to home on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $198/SqFt

Tax Information:

  • Annual Amount: $457
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lake Placid, FL.

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Lake Placid, FL

City

Med. Sold Price

$275.3K

Med. Price/SqFt

$191

Avg. Days On Market

58

# of Sold Homes

11

505 Bright Hill Ave vs Lake Placid

6 DAYS ON ROCKET

-52 Days

$199,000

-$76.3K Less

$198/SqFt

+$7 More

KEY TAKEAWAY

This property is $76.3K less than the Median Sold Price and $7/SqFt more than other homes in Lake Placid, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HeartlandFL
  • MLS Number: #302349

Listing Office:

  • Office Name: RE/MAX REALTY PLUS
  • Office Phone: (863) 385-0077

Broker Reciprocity The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with a Broker Reciprocity logo provided. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2024 Highlands Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 1:15:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 12, 2019Home Sold
$75,000
Oct 01, 2007Home Sold
$18,600

Tax History

YEARPROP. TAXASSESSMENT
2020$457$38,650
2019$540$44,456
2017$488$42,730

History based on county public records data.

Payment Calculator

$1,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-43123
3
/10

  • Lake Placid Elementary School

  • 101 Green Dragon Dr

  • 3.99 miles

  • Public District Grades PK-5

school-card-donut-43124
6
/10

  • Lake Country Elementary School

  • 516 County Road 29

  • 4.15 miles

  • Public District Grades PK-5

school-card-donut-43125
6
/10

  • Cracker Trail Elementary School

  • 8200 Sparta Rd

  • 10.16 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,813. Typical income of Lake Placid, FL residents is less than $35k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Bright Hill Ave

What is the listing price of this property?

The listing price of 505 Bright Hill Ave property is $199,000.

What type of property is this?

The property 505 Bright Hill Ave is a house located in Lake Placid, Florida, 33852.

Is this property for sale now?

Accepting Backup Offers: 505 Bright Hill Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $457 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 12, 2019 for $75,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 505 Bright Hill Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 505 Bright Hill Ave is 1,003 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Bright Hill Ave is 1968.

Rocket Homes›Florida›Highlands County›Lake Placid›33852›505 Bright Hill Ave

This home is located at 505 Bright Hill Ave in Lake Placid, FL and zip code 33852. This 1,003 square foot home, which was built in 1968, sits on a 0.60 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $199,000.

While more than 0 listings in Lake Placid, FL in November 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 7 were sold below. In November 2024 in Lake Placid, FL there were 10.3% more homes for sale than in October 2024. In November 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $275,333.

From Rocket Homes Real Estate and based on county public records data.

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