Seller's Agent in 2022
Elizabeth Downes
HEIRLOOM REALTY INTERNATIONAL
(352) 223-9326
13 in this area
34 Total Sales
1029 E 5th Ave Mount Dora, FL 32757
Estimated Value: $636,000 - $1,441,000
7
Beds
6
Baths
6,750
Sq Ft
$152/Sq Ft
Est. Value
Highlights
- 1.02 Acre Lot
- High Ceiling
- Covered Patio or Porch
- Wood Flooring
- No HOA
- Circular Driveway
About This Home
As of July 20229.95% CAP RATE!!! THE HISTORIC HEIRLOOM ESTATE...UNIQUELY GORGEOUS SHORT-TERM/VACATION INCOME PROPERTY featuring NINE (9) SUITES, EACH WITH THEIR OWN BATHROOM, as well MULTIPLE LARGE COMMON SPACES for guests to enjoy! ***CHECK OUT ALL PHOTOS for WONDERFUL SURPRISES found on this property! *** This property is a significant piece of Mount Dora history that sits on just over an acre and is walking distance to the very popular Mount Dora Historic District. The first floor of the main house offers two guest suites and boasts a welcome area with large common rooms for lounging and dining, main kitchen and storage. Up the beautiful staircase is three multi-room suites, two with shared balcony access. The separate carriage house behind the main house has a total of four efficiency apartments, three downstairs (each with a private patio) and one upstairs (with a full kitchen), all with private entrances. The large property, with screened gazebo, generous parking, numerous amenities, and quiet places to relax will provide many options for holding special events throughout the year as well as accommodating targeted events and weekends for the numerous artists, musicians, nature enthusiasts, and other visitors that Mount Dora attracts. This is a TURNKEY business opportunity that includes the equipment and furnishings.
Last Agent to Sell the Property
HEIRLOOM REALTY INTERNATIONAL License #3238375 Listed on: 04/06/2022
Last Buyer's Agent
HEIRLOOM REALTY INTERNATIONAL License #3238375 Listed on: 04/06/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,301
Year Built
- Built in 1877
Lot Details
- 1.02 Acre Lot
- Lot Dimensions are 159x284
Home Design
- Bi-Level Home
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 6,750 Sq Ft Home
- Built-In Features
- Crown Molding
- High Ceiling
- Ceiling Fan
- Window Treatments
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Cooktop with Range Hood
- Microwave
- Ice Maker
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 2 Carport Spaces
- Circular Driveway
- Guest Parking
- Open Parking
Outdoor Features
- Balcony
- Covered Patio or Porch
- Outdoor Storage
Location
- City Lot
Utilities
- Mini Split Air Conditioners
- Central Heating and Cooling System
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- 9 Units
- 7,964 Sq Ft Building
- Marathon Subdivision
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 29-19-27-0020-000-00100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 6, 2022
Closed on
Jul 15, 2022
Sold by
Heirloom Estate Llc
Bought by
Thomas Investment Properties Llc
Seller's Agent
Elizabeth Downes
HEIRLOOM REALTY INTERNATIONAL
Buyer's Agent
Elizabeth Downes
HEIRLOOM REALTY INTERNATIONAL
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$221,764
Avg. Annual Appreciation
-5.50%
Original Mortgage
$160,000
Interest Rate
5.09%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 29, 2021
Sold by
Evstra Llc
Bought by
The Heirloom Estate Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.01%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Dec 28, 2012
Sold by
Evans Kim D and Strandberg Karl Olov Soren
Bought by
Evstra Llc
Purchase Details
Listed on
Apr 18, 2012
Closed on
Aug 31, 2012
Sold by
The First National Bank Of Mount Dora
Bought by
Evans Kim D and Strandberg Karl Olov Soren
Seller's Agent
Denise Pierce
WATSON REALTY CORP
Buyer's Agent
Carroll Jaskulski
COLONY REALTY GROUP, INC.
List Price
$445,000
Sold Price
$445,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$378,250
Interest Rate
3.58%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Apr 16, 2012
Sold by
Rodriguez Robert and Rodriguez Vivian L
Bought by
The First National Bank Of Mount Dora
Purchase Details
Closed on
Apr 3, 2012
Sold by
Rodriguez Robert and Rodriguez Vivian L
Bought by
The First National Bank Of Mount Dora
Purchase Details
Closed on
Dec 28, 2007
Sold by
Lemaire Melanie K and Thompson Kevin
Bought by
Rodriguez Robert and Rodriguez Vivian L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.05%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thomas Investment Properties Llc | $1,250,000 | First International Title | |
| The Heirloom Estate Llc | $695,000 | Professional Title Agency | |
| Evstra Llc | -- | Attorney | |
| Evans Kim D | $445,000 | Attorney | |
| The First National Bank Of Mount Dora | -- | Attorney | |
| The First National Bank Of Mount Dora | -- | Attorney | |
| Rodriguez Robert | $637,500 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Thomas Investment Properties Llc | $160,000 | |
| Previous Owner | The Heirloom Estate Llc | $400,000 | |
| Previous Owner | Evans Kim D | $378,250 | |
| Previous Owner | Rodriguez Robert | $520,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/15/2022 07/15/22 | Sold | $1,250,000 | 0.0% | $185 / Sq Ft | |
| 06/04/2022 06/04/22 | Pending | -- | -- | -- | |
| 04/06/2022 04/06/22 | For Sale | $1,250,000 | +180.9% | $185 / Sq Ft | |
| 08/31/2012 08/31/12 | Sold | $445,000 | 0.0% | $90 / Sq Ft | View Prior Sale |
| 07/13/2012 07/13/12 | Pending | -- | -- | -- | |
| 04/18/2012 04/18/12 | For Sale | $445,000 | -- | $90 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $12,229 | $584,234 | $110,760 | $473,474 |
| 2025 | $11,658 | $580,776 | $110,760 | $470,016 |
| 2024 | $11,658 | $580,776 | $110,760 | $470,016 |
| 2023 | $11,658 | $566,028 | $110,760 | $455,268 |
| 2022 | $11,482 | $543,876 | $88,608 | $455,268 |
| 2021 | $10,301 | $483,727 | $0 | $0 |
| 2020 | $10,856 | $483,727 | $0 | $0 |
| 2019 | $11,117 | $483,489 | $0 | $0 |
| 2018 | $11,029 | $483,489 | $0 | $0 |
| 2017 | $10,003 | $481,212 | $0 | $0 |
| 2016 | $10,002 | $481,490 | $0 | $0 |
| 2015 | $10,081 | $472,990 | $0 | $0 |
| 2014 | $9,688 | $465,238 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Downes
-
Dan Conlon
Seller Co-Listing Agent in 2022
Dan Conlon
HEIRLOOM REALTY INTERNATIONAL
(407) 280-2004
12 in this area
47 Total Sales
-
Denise Pierce
Seller's Agent in 2012
Denise Pierce
WATSON REALTY CORP
(352) 267-7767
27 in this area
47 Total Sales
-
Larry Pierce
Seller Co-Listing Agent in 2012
Larry Pierce
WATSON REALTY CORP
(352) 735-4040
33 in this area
60 Total Sales
-
Carroll Jaskulski
C
Buyer's Agent in 2012
Carroll Jaskulski
COLONY REALTY GROUP, INC.
(954) 234-4511
13 in this area
14 Total Sales
Map
Source: Stellar MLS
MLS Number: O6015884
APN: 29-19-27-0020-000-00100
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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