NOT LISTED FOR SALE

1111 Lakeshore Dr Unit A2 Eustis, FL 32726

Estimated Value: $423,000 - $478,000

3 Beds
3 Baths
2,367 Sq Ft
$440/mo HOA Fee

Last Sold April 17, 2017

Last sale price $250,000 $106 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,332/month

14 Days on Market

Highlights

  • Chain of Lakes Waterfront
  • Sailboat Water Access
  • Fishing
  • Boat Dock
  • In Ground Pool
  • Open Floorplan

About This Home

As of April 2017

Find yourself in your new condominium and you'll find yourself surrounded by the beauty of Old Florida where, outside your window, Spanish moss dangles from oaks and cypress along with beautiful waterfront views of Lake Eustis. As you step through a private courtyard, you enter into a residence of contemporary style and sophistication. While surrounded by the blessings of nature, inside this spacious home reflects quiet elegance. Newly installed wood flooring adds a warm, rich look in every common room while in the popular family room, a modern floor to ceiling stone fireplace is an eternally stylish centerpiece. The updated bright galley kitchen, designed in perfect proportion to this 2,367 sq.ft. 3 bed, 3 bath home, leads to an open dining and adjoining living room; with every room capturing panoramic lakefront views. A convenient first floor bedroom and full bath are perfect for guests, while the home's second level features two additional rooms and private baths, including the 18x13 master bedroom. Not only is this a home of comfort, it is a home that provides far more than you anticipate: a 2-car garage, vaulted ceilings, arched windows, private courtyard with wrought iron gate, and access to the community clubhouse, pool, and private boat dock. All of this and carefully manicured grounds exemplify the advantages of Fair Oaks - a carefree, low maintenance lifestyle. If your heart is leaning toward lakefront living, this is the ideal combination: A perfect location and a surprisingly affordable price.

Last Agent to Sell the Property

Heather Hamilton

EXPERT REAL ESTATE ADVISORS License #3222230 Listed on: 02/04/2017

Last Buyer's Agent

Jeanne Thomas

ERA GRIZZARD REAL ESTATE License #3150321

ERA GRIZZARD REAL ESTATE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,887

Year Built

  • Built in 1983

Lot Details

  • Chain of Lakes Waterfront
  • Lake Front
  • Northwest Facing Home
  • Mature Landscaping
  • Irrigation
  • Fruit Trees
  • Zero Lot Line

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,367 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Inside Utility
  • Chain Of Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Sailboat Water Access
  • Access To Chain Of Lakes
  • Access To Lake
  • Fishing Pier
  • Water Skiing Allowed
  • Dock made with wood
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Eustis Elementary School
  • Eustis Middle School
  • Eustis High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, insurance, maintenance structure, ground maintenance, pest control
  • Fairoaks Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Community Pool
  • Fishing

Pet Policy

  • Pets up to 45 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,887

Year Built

Built in 1983

Lot Details

0

HOA Fees

$440 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Insurance, Maintenance Structure, Maintenance Grounds, Pest Control
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2367
  • Lot Size Acres: 0.06
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 3069
  • Lot Size Sq Ft: 2430
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 105.62
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 1
  • Planned Unit Development Yn: 0
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 2
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Florida Room,Foyer,Inside Utility

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Gunite, In Ground
  • Exterior Features: Irrigation System, Lighting
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: LAKE EUSTIS
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Disclosures: Seller Property Disclosure
  • Water Access: Lake,Lake - Chain of Lakes
  • Water Extras: Dock - Wood,Dock w/Electric,Fishing Pier,Sailboat Water,Skiing Allowed
  • Water View: Lake,Lake - Chain of Lakes
  • Water View YN: 1
  • Waterfront Feet Total: 1
  • Flood Zone Panel: 12069C0355E
  • Water Frontage Feet Lake Chain: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Pool, Water Access
  • Association Amenities: Dock
  • Association Fee: 440
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Association Approval Required YN: 1
  • Pet Restrictions: Please See HOA Rules and Regulations for Pet Restrictions.
  • Association Fee Requirement: Required
  • Condo Land Included YN: 1
  • Max Pet Weight: 45
  • Pet Size: Medium (36-60 Lbs.)

Fee Information

  • Monthly HOA Amount: 440.00

Schools

  • Elementary School: Eustis Elem
  • High School: Eustis High School
  • Middle Or Junior School: Eustis Middle

Lot Info

  • Zoning: SR
  • Parcel Number: 15-19-26-035000000A02
  • Additional Parcels: No
  • Lot Features: City Limits, Level, Paved, Zero Lot Line
  • Property Attached Yn: Yes
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please See HOA Rules and Regulations for Lease Restrictions.

Tax Info

  • Tax Annual Amount: 3887
  • Tax Block: 000
  • Tax Book Number: 1-69
  • Tax Lot: A2

Multi Family

  • Waterfront Features: Lake
  • Approval Process: Please See HOA Rules and Regulations for Approval Process.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2017
Closed on
Apr 17, 2017
Sold by
Davis Cynthia K and Davis Robert E
Bought by
Fernstrom Thomas J and Fernstrom Patricia L
Seller's Agent
Heather Hamilton
EXPERT REAL ESTATE ADVISORS
Buyer's Agent
Jeanne Thomas
ERA GRIZZARD REAL ESTATE
List Price
$259,000
Sold Price
$250,000
Premium/Discount to List
-$9,000
-3.47%
Current Estimated Value
$454,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,102
Avg. Annual Appreciation
7.08%
Original Mortgage
$200,000
Outstanding Balance
$165,126
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$288,976

Purchase Details

Listed on
Nov 18, 2013
Closed on
Mar 20, 2014
Sold by
Lewallen Turner and Lewallen Marcia
Bought by
Davis Cynthia Kay and Davis Robert E
Seller's Agent
Heather Hamilton
EXPERT REAL ESTATE ADVISORS
Buyer's Agent
Heather Hamilton
EXPERT REAL ESTATE ADVISORS
List Price
$189,900
Sold Price
$174,000
Premium/Discount to List
-$15,900
-8.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.49%

Purchase Details

Listed on
Feb 11, 2012
Closed on
Nov 30, 2012
Sold by
Kokinakos Christian and Kokinakos Maria
Bought by
Lewallen Turner and Lewallen Marcia
Buyer's Agent
Heather Hamilton
EXPERT REAL ESTATE ADVISORS
List Price
$169,000
Sold Price
$158,000
Premium/Discount to List
-$11,000
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%

Purchase Details

Closed on
Apr 29, 2005
Sold by
Hallock Peter C
Bought by
Kokinakos Christian and Kokinakos Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 16, 2004
Sold by
Young Robert H and Young Elizabeth H
Bought by
Hallock Peter C

Purchase Details

Closed on
May 20, 1996
Sold by
Machowicz Peter J and Machowicz Judith A Mcgowan
Bought by
Zeigler John T and Zeigler Barbara J

Purchase Details

Closed on
Nov 11, 1994
Sold by
Ring Violet E
Bought by
Machowicz Peter J and Mcgowan Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,375
Interest Rate
8.84%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fernstrom Thomas J $250,000 First International Title In
Davis Cynthia Kay $174,000 Atlas Title Inc
Lewallen Turner $158,000 Apple Title Ltd
Kokinakos Christian $265,000 Brokers Title Of Leesburg
Hallock Peter C $230,500 --
Zeigler John T $136,000 --
Machowicz Peter J $122,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernstrom Thomas J $200,000
Previous Owner Kokinakos Christian $137,500
Previous Owner Machowicz Peter J $116,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2018 08/17/18 Off Market $250,000 -- --
04/17/2017 04/17/17 Sold $250,000 -3.5% $106 / Sq Ft
02/19/2017 02/19/17 Pending -- -- --
02/04/2017 02/04/17 For Sale $259,000 +48.9% $109 / Sq Ft
03/20/2014 03/20/14 Sold $174,000 -8.4% $74 / Sq Ft View Prior Sale
02/17/2014 02/17/14 Pending -- -- --
01/19/2014 01/19/14 For Sale $189,900 0.0% $80 / Sq Ft
01/02/2014 01/02/14 Pending -- -- --
12/07/2013 12/07/13 Price Changed $189,900 -5.0% $80 / Sq Ft
11/18/2013 11/18/13 Price Changed $199,900 +0.5% $84 / Sq Ft
11/18/2013 11/18/13 For Sale $199,000 +25.9% $84 / Sq Ft
11/30/2012 11/30/12 Sold $158,000 -6.5% $76 / Sq Ft View Prior Sale
10/06/2012 10/06/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $169,000 -- $81 / 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
2026 $6,238 $355,200 $32,000 $323,200
2025 $5,702 $355,200 $32,000 $323,200
2024 $5,702 $355,200 $32,000 $323,200
2023 $5,702 $334,567 $32,000 $302,567
2022 $5,156 $283,114 $32,000 $251,114
2021 $4,478 $226,867 $0 $0
2020 $4,215 $197,453 $0 $0
2019 $4,276 $197,453 $0 $0
2018 $4,535 $212,161 $0 $0
2017 $4,070 $189,803 $0 $0
2016 $3,887 $189,803 $0 $0
2015 $3,517 $157,985 $0 $0
2014 $2,519 $154,339 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G4838028

Stellar MLS

APN: 15-19-26-0350-000-00A02