Sold for $275,000

$275,000

8477 LILLY LAKE ROAD, MELROSE, FL 32666

2beds

744sqft

Single Family Residence

Built in 1955

0.7 Acres Lot

$273,900 Zestimate^®

$370/sqft

$1,357 Estimated rent

Home value

$273,900

$257,000 - $290,000

$1,357/mo

Zestimate^® history

Owner options

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$1,357/mo

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$1,357/mo

Rent Zestimate^®

Refinance and save

$1,852/mo

Est. payment

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$1,852/mo

Est. payment

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What's special

Have you been dreaming about Lake Living? This beautiful cottage on Lilly Lake offers a perfect retreat! Investors, this home enjoys a robust short-term rental history...make your property work for you if you are unable to be there full time to enjoy it! This property offers fantastic views of this hidden gem; Lilly Lake is one of the clearest, spring-fed freshwater recreational lakes in north central Florida. Boasting 85 feet of sandy beach, the lakefront allows access for all of your recreational activities. The UF ski team practices on occasion here! The lake is wonderful for fishing, boating, kayaking, swimming, or just enjoying the abundant natural surroundings. Quiet location so you can truly enjoy the peace, yet minutes to Melrose and Keystone Heights, 45 minutes to Gainesville, 90 minutes to Jacksonville. Call for details or to schedule a viewing! Please note that dock adjacent is portable - does not convey with this property

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Level: First

Family room

Level: First

Kitchen

Level: First

Living room

Level: First

Heating

Other

Cooling

Central Air

Appliances

Included: Cooktop, Dryer, Microwave, Refrigerator, Washer

Features

Ceiling Fan(s), Primary Bedroom Main Floor
Flooring: Vinyl
Has fireplace: No

Interior area

Total structure area: 744
Total interior livable area: 744 sqft

Property

Features

Levels: One
Stories: 1
Patio & porch: Deck
Exterior features: Storage
Has view: Yes
View description: Water, Lake
Has water view: Yes
Water view: Water,Lake
Waterfront features: Lake Privileges, Skiing Allowed

Lot

Size: 0.7 Acres
Features: Sloped
Residential vegetation: Oak Trees

Details

Parcel number: 05092300536700000
Zoning: RES
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Architectural style: Cottage
Property subtype: Single Family Residence

Materials

Vinyl Siding, Wood Frame
Foundation: Crawlspace
Roof: Metal

Condition

Completed
New construction: No
Year built: 1955

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Electricity Connected

Community & HOA

Community

Pet fee: $0 monthly
Subdivision: LILLY LAKE

HOA

Has HOA: No

Location

Region: Melrose

Financial & listing details

Price per square foot: $370/sqft
Tax assessed value: $174,290
Annual tax amount: $1,784
Date on market: 6/30/2023
Cumulative days on market: 14 days
Listing terms: Cash,Conventional
Ownership: Fee Simple
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Unimproved, Gravel

Price history

Date	Event	Price
8/29/2023	Sold	$275,000-8%$370/sqft
Source: Stellar MLS #GC514366 Report a problem
7/16/2023	Pending sale	$299,000$402/sqft
Source: St Augustine St Johns County BOR #233920 Report a problem
6/30/2023	Listed for sale	$299,000+113.6%$402/sqft
Source: Stellar MLS #GC514366 Report a problem
2/19/2021	Listing removed	--
Source: Owner Report a problem
11/8/2017	Listing removed	$1,650$2/sqft
Source: Owner Report a problem
8/11/2017	Listed for rent	$1,650$2/sqft
Source: Owner Report a problem
7/19/2017	Sold	$140,000+75%$188/sqft
Source: Public Record Report a problem
4/2/2014	Sold	$80,000$108/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$174,290 +0.8%
2024	$2,954 +47.8%	$172,887 +56.8%
2023	$1,999 +7.5%	$110,286 +1.8%
2022	$1,859 +2.1%	$108,364 +5.7%
2021	$1,822 +3.2%	$102,502 +1.4%
2020	$1,765	$101,124 -0.6%
2019	$1,765 -1.5%	$101,723 +0.6%
2018	$1,792 +6.5%	$101,162 +7.3%
2017	$1,682 +9.4%	$94,276 +20.6%
2016	$1,538 +10.2%	$78,148 +0.7%
2015	$1,395 -2.8%	$77,568 +0.2%
2014	$1,436	$77,439 -0.6%
2013	--	$77,934 -11.1%
2012	--	$87,638 -0.6%
2011	--	$88,126 -1.2%
2010	--	$89,196 -10.7%
2009	--	$99,910 -1%
2008	--	$100,881 -8.5%
2007	--	$110,301 +69.9%
2006	--	$64,940 -0.2%
2005	--	$65,054 +1.1%
2004	--	$64,353 +13.2%
2003	--	$56,867 +11.5%
2001	--	$50,981 +6.7%
2000	--	$47,789