2 months on rocket

7944 Bay Lake Rd, Groveland, FL, 34736

$525,000

Home List Price

$6,234*

Closing Credit

3 Bedrooms
2 Full Baths
1,152 SqFt
$456/SqFt
House
Schools Nearby

Location

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7944 Bay Lake Rd, Groveland$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Year Built1997
HeatingCentral
CoolingCentral Air
MLS #G5078542
Lot Size19.53 Acres
StatusActive

About 7944 Bay Lake Rd

Escape to the tranquility of nature!! Welcome to your future home, where every day is a breath of fresh air. A tree lined drive guides you to this slice of heaven where you will find a charming home perfectly nestled on 19+/- peaceful acres. This home offers 3 bedrooms and 2 full baths. The kitchen, with large eating space, has been recently (2021) updated to include all new appliances, cabinets, backsplash and butcher block counters. A large screened front porch invites you to enjoy your morning coffee while listening to the sounds of nature. As charming as this home is, the outdoors takes center stage. With a large portion cleared, the options are endless. The current owners have created the perfect backdrop for you to build your dream home, plant a garden, and bring your chickens and goats. A large storage/workshop is in place for all your toys. Home is also equipped with an RV pad with water and 50 Amp hook up. This property is located just a short drive to shopping, dining and major roads. You don't come across beauty and serenity like this often. Call today to schedule your showing.

Property Details

Property Features

Property Information:

  • Year Built: 1997
  • Stories: 1
  • Living Area: 1,152 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER TONY HUBBARD
  • Office Phone: (352) 394-4031
  • Listing Agent: Andrea Summers

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Flooring Type: Carpet
  • Interior: Eat-in Kitchen, Open Floorplan

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other

Lot Features

Lot Information:

  • Lot Size: 19.53 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • South Lake High School, Public District Grades 9-12
  • Lake Virtual Franchise, Public District Grades 6-12
  • Gray Middle School, Public District Grades 6-8
  • Pine Ridge Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From 50 and 27 take 50 West to left on Bay Lake Rd. Follow for approx 10 miles and turn left. There is no street sign, but there is a white tractor. Follow to the end where the road dead ends into the property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $456/SqFt

Tax Information:

  • Annual Amount: $1,593
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Groveland, FL.

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Groveland, FL

City

Med. Sold Price

$385.9K

Med. Price/SqFt

$206

Avg. Days On Market

72

# of Sold Homes

37

7944 Bay Lake Rd vs Groveland

70 DAYS ON ROCKET

-2 Days

$525,000

+$139K More

$456/SqFt

+$249 More

KEY TAKEAWAY

This property is $139K more than the Median Sold Price and $249/SqFt more than other homes in Groveland, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #G5078542

Listing Office:

  • Office Name: COLDWELL BANKER TONY HUBBARD
  • Office Phone: (352) 394-4031
  • Listing Agent: Andrea Summers

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/27/2024, 2:19:41 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

Aug 17, 2021Home Sold
$265,000
May 20, 2004Home Sold
$140,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,593$122,331
2019$1,313$99,297
2018$1,247$97,446
2017$1,189$95,442

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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.

Elementary School

school-card-donut-1332394
4
/10

  • Pine Ridge Elementary School

  • 10245 County Road 561

  • 8.21 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1332395
2
/10

  • Gray Middle School

  • 205 E Magnolia St

  • 7.93 miles

  • Public District Grades 6-8

High School

school-card-donut-1332396
3
/10

  • South Lake High School

  • 15600 Silver Eagle Rd

  • 10.11 miles

  • Public District Grades 9-12

school-card-donut-1332397
4
/10

  • Lake Virtual Franchise

  • 201 W Burleigh Blvd

  • 27.06 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,590. Most Groveland, FL residents have annual incomes less than $35k. Residents typically live in married, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7944 Bay Lake Rd

What is the listing price of this property?

The listing price of 7944 Bay Lake Rd property is $525,000.

What type of property is this?

The property 7944 Bay Lake Rd is a house located in Groveland, Florida, 34736.

Is this property for sale now?

Active Listing: 7944 Bay Lake Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7944 Bay Lake Rd are:
Pine Ridge Elementary School: GreatSchools Rating 4/10
Gray Middle School: GreatSchools Rating 2/10
South Lake High School: GreatSchools Rating 3/10
Lake Virtual Franchise: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,593 (source: MLS/based on county public records data).

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

The last sale was on August 17, 2021 for $265,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7944 Bay Lake Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7944 Bay Lake Rd is 1,152 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7944 Bay Lake Rd is 1997.

Rocket Homes›Florida›Lake County›Groveland›34736›7944 Bay Lake Rd

This home is located at 7944 Bay Lake Rd in Groveland, FL and zip code 34736. This 1,152 square foot home, which was built in 1997, sits on a 19.53 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $525,000.

In March 2024 more than 3 listings in Groveland, FL were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 28 were sold below. The inventory of homes for sale in Groveland, FL between February 2024 and March 2024 decreased by 1%. The median list price of listings available in March 2024 was $385,971, while the average time on the real estate market was 72 days.

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

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