NOT LISTED FOR SALE

Estimated Value: $470,000 - $556,000

3 Beds
3 Baths
2,383 Sq Ft
$215/Sq Ft Est. Value

Last Sold June 12, 2019

Last sale price $280,000 $117 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,198/month

33 Days on Market

Highlights

  • Boat Ramp
  • In Ground Spa
  • Open Floorplan
  • Access To Chain Of Lakes
  • Chain Of Lake Views
  • Vaulted Ceiling

About This Home

As of June 2019

WARM, SPACIOUS LIVING, with an abundance of warm natural light throughout this 3 bed/ 3 bath SPA home. Situated on almost a quarter-acre, this home offers a separate formal dining and living room, with a pass-through fireplace to the family room. Open kitchen with extended breakfast bar, 42” flat panel cabinets with crown molding, granite counters, Stainless-black appliances, and a dinette that overlooks the screened lanai. Family room offers custom built-in shelving, fireplace and extended French doors to the Lanai. Private office and dedicated bathroom that could be easily converted to a 4th bedroom. Spacious Master Bedroom, with volume tray ceiling and French doors to the Lanai. Master bath comes complete with a jacuzzi tub and double vanity, two walk-in closets, and separate walk-in shower. Palisades is conveniently located close to major highways, great schools, shopping, restaurants, entertainment, medical facilities and much more.

Last Agent to Sell the Property

Sandra Simmonds

SELLSTATE INNOVATION REALTY License #3147522 Listed on: 04/10/2019

Last Buyer's Agent

Faneeza Mohamed

CENTURY 21 CARIOTI License #3034262

CENTURY 21 CARIOTI

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,877

Year Built

  • Built in 2005

Lot Details

  • 9,842 Sq Ft Lot
  • South Facing Home
  • Mature Landscaping
  • Gentle Sloping Lot
  • Irrigation
  • Property is zoned PUD

HOA Fees

  • $103 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,383 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • French Doors
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Chain Of Lake Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • In Ground Spa
  • Access To Chain Of Lakes
  • Covered Patio or Porch

Schools

  • Groveland Elementary School
  • Clermont Middle School
  • South Lake High School

Utilities

  • Central Heating and Cooling System
  • Heat or Energy Recovery Ventilation System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Legal Lot and Block 24900 / 000/24900
  • Assessor Parcel Number 11-22-25-102000024900

Community Details

Overview

  • Association fees include cable TV, common area taxes
  • Sentry Management/Noelle Racine Association, Phone Number (352) 243-4595
  • Palisades Ph 02E Lt 208 Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Boat Ramp
  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,877

Year Built

Built in 2005

Lot Details

0

HOA Fees

$103 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Ranch
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 2383
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 3526
  • Lot Size Sq Ft: 9842
  • Directions to Property: From Hwy 50 go North on Hwy 27. Turn Left on Lake Minneola Shores (by the CVS. Turn Right on Jalarmy Road. Turn Left on Spring Lake. Right on Masters, Home on Left
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5775420&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5775420&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Ratio: Close Price\List Price: 0.96585
  • Price per Sq Ft: 117.5
  • Close to Original List Price Ratio: 0.93364
  • Ratio: Current Price\Building Area Total: 79.41
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Open Floorplan, Stone Counters, Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 10816
  • Room Count: 9
  • Additional Rooms: Family Room, Formal Dining Room Separate, Formal Living Room Separate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: French Doors, Irrigation System, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Lake Minneola
  • Waterfront: No
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Paved
  • Water View: Lake - Chain of Lakes
  • Water Access: Lake - Chain of Lakes
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Public
  • Cooling: Central Air
  • Heating: Central, Heat Recovery Unit
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Deed Restrictions, Playground, Pool, Tennis Courts, Water Access
  • Association Amenities: Pool, Tennis Court(s)
  • Association Fee: 310
  • Association Fee Frequency: Quarterly
  • Association Name: Sentry Management/Noelle Racine
  • Phone: 352-243-4595
  • Association: Yes
  • Senior Community: No
  • Association Email: nracine@sentrymgt.com
  • Amenities Additional Fees: Buyer to confirm current Community Amenities
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1240
  • Monthly HOA Fee: 103.33
  • Total Monthly Fees: 103.33

Schools

  • Elementary School: Groveland Elem
  • High School: South Lake High
  • Middle Or Junior School: Clermont Middle

Lot Info

  • Zoning: PUD
  • Parcel Number: 11-22-25-102000024900
  • Additional Parcels: No
  • Lot Features: Gentle Sloping, Sidewalk
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Flood Zone Date: 2012-12-18
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 8-12 Months
  • Pet Restrictions: Buyer to confirm the current pet restrictions
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Buyer to verify current lease restrictions with HOA

Tax Info

  • Tax Annual Amount: 3877
  • Tax Block: 000/24900
  • Tax Book Number: 46/64
  • Tax Lot: 24900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
May 26, 2019
Sold by
Brice Gary Lynn and Brice Karonica
Bought by
Salma Elbedawy Ahmed and Salma Mchamed
Seller's Agent
Sandra Simmonds
SELLSTATE INNOVATION REALTY
Buyer's Agent
Faneeza Mohamed
CENTURY 21 CARIOTI
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%
Current Estimated Value
$511,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,984
Avg. Annual Appreciation
10.40%
Original Mortgage
$274,928
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 20, 2018
Closed on
Jul 30, 2018
Sold by
Elvy Roger
Bought by
Brice Gary Lynn and Brice Karonica Virginia
Seller's Agent
Kwaku Mitchell
KELLER WILLIAMS CLASSIC
Buyer's Agent
Chris Johnson
PLATINUM PEAK PROPERTIES LLC
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.09%
Original Mortgage
$275,000
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Jul 19, 2005
Sold by
Canam Palisades Ltd
Bought by
Smith Mildred L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.77%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Salma Elbedawy Ahmed $280,000 Us Patriot Title Llc
Brice Gary Lynn $275,000 Celebration Title Group
Smith Mildred L $336,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elbadawy Ahmed $70,000
Open El Badawy Ahmed $336,000
Closed Elbadawy Ahmed $284,716
Closed Elbadawy Ahmed $274,958
Closed Salma Elbedawy Ahmed $274,928
Previous Owner Brice Gary Lynn $275,000
Previous Owner Smith Mildred L $265,000
Previous Owner Smith Mildred L $50,000
Previous Owner Smith Mildred L $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2019 06/12/19 Sold $280,000 -3.4% $117 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
05/03/2019 05/03/19 Price Changed $289,900 -3.3% $122 / Sq Ft
04/10/2019 04/10/19 For Sale $299,900 +9.1% $126 / Sq Ft
07/30/2018 07/30/18 Sold $275,000 0.0% $115 / Sq Ft
06/24/2018 06/24/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $275,000 -- $115 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $3,674 $288,630 -- --
2024 $3,674 $288,630 -- --
2023 $3,674 $272,070 $0 $0
2022 $3,432 $264,150 $0 $0
2021 $3,414 $256,459 $0 $0
2020 $3,397 $252,919 $0 $0
2019 $415 $255,315 $0 $0
2018 $3,876 $240,878 $0 $0
2017 $3,612 $223,855 $0 $0
2016 $3,667 $224,021 $0 $0
2015 $3,463 $201,266 $0 $0
2014 $3,211 $182,627 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5775420

Stellar MLS

APN: 11-22-25-1020-000-24900