NOT LISTED FOR SALE

11113 Preston Cove Rd Clermont, FL 34711

Estimated Value: $750,000 - $804,000

5 Beds
5 Baths
2,668 Sq Ft
$294/Sq Ft Est. Value

Last Sold June 03, 2019

Last sale price $463,200 $174 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,890/month

13 Days on Market

Highlights

  • Boathouse
  • Boat Lift
  • In Ground Pool
  • 196 Feet of Waterfront
  • Oak Trees
  • Canal View

About This Home

As of June 2019

Dreams do come true, here is your opportunity to own a piece of the Clermont chain of lakes. This charming home is situated on an oversized lot on a canal leading out to Lake Minnehaha. The home is located on a dead end cul de sac next to one of the many community docks. The property offers a lovely long winding driveway that leads to the side entry garage. The home offers soaring ceilings in the living area, downstairs master, gas cooking and open fireplace as well as sparkling pool. Dont forget out back there is a private entrance to the mother-in-law suite, this space is the perfect place for guests to get a way and have their own space or maybe for that home office or man cave you have already wanted. The home offers a boat life as well. Main house is 3 bedrooms 2 full and 2 half bathrooms and the upstairs in law suite has a full bathroom and bedroom.

Last Agent to Sell the Property

Heather Unger, PA

ACME REAL ESTATE FLORIDA LLC License #3093173 Listed on: 04/12/2019

Co-Listed By

Regan Jackson

ACME REAL ESTATE FLORIDA LLC License #3248274

Last Buyer's Agent

Monique McGuire

MONIQUE MCGUIRE REALTY INC License #3128160

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,120

Year Built

  • Built in 2000

Lot Details

  • 0.49 Acre Lot
  • 196 Feet of Waterfront
  • Property fronts a freshwater canal
  • Street terminates at a dead end
  • South Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Oak Trees
  • Property is zoned R-3

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Siding

Interior Spaces

  • 2,668 Sq Ft Home
  • Vaulted Ceiling
  • French Doors
  • Family Room
  • Breakfast Room
  • Inside Utility
  • Canal Views

Kitchen

  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite

Outdoor Features

  • In Ground Pool
  • Access To Chain Of Lakes
  • Access to Freshwater Canal
  • Boat Lift
  • Boathouse
  • Enclosed patio or porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Insurance May Be Required

Utilities

  • Central Heating and Cooling System
  • Propane
  • Well
  • Septic Tank

Community Details

  • Preston Cove Homeowners/Diane Taylor / Ray Taylor Association, Phone Number (352) 394-1250
  • Preston Cove Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,120

Year Built

Built in 2000

Lot Details

0

HOA Fees

$42 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Block, Siding
  • Fireplace: No
  • Living Area: 2668
  • Lot Size Acres: 0.49
  • New Construction: No
  • Year Built: 2000
  • Building Area Total: 3544
  • Lot Size Sq Ft: 21218
  • Directions to Property: From 27 head west on Hammocks Ridge, this will turn into Lakeshore turn right onto preston cove.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5776346&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5776346&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.02956
  • Price per Sq Ft: 173.61
  • Close to Original List Price Ratio: 1.02956
  • Ratio: Current Price\Building Area Total: 130.7
  • View: Yes
  • Co List Office Mls Id: 261011596
  • Co List Office Phone: 407-601-4958
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: 4116

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Interior Amenities: High Ceiling(s), Solid Surface Counters, Solid Wood Cabinets, Vaulted Ceiling(s)
  • Appliances Included: Other
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Street Number Modifier: 11113
  • Room Count: 4
  • Additional Rooms: Breakfast Room Separate, Family Room, Inside Utility, Interior In-Law Suite
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Boat House, Outdoor Kitchen
  • Pool Features: In Ground
  • Exterior Features: French Doors, Lighting, Outdoor Grill, Outdoor Kitchen
  • Roof: Shingle
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End
  • View: Water
  • Water Body Name: Lake Minnehaha
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Patio, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Canal - Freshwater, Lake - Chain of Lakes
  • Water Extras: Boathouse, Lift, Lift - Covered
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12069C0570E
  • Waterfront Frontage: 196
  • Additional Water Information: Canal leads out to the Clermont Chain of Lakes
  • Water Frontage Feet Canal Fresh: 196

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side
  • Covered Parking Spaces: 4
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Available, Electricity Connected, Propane
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Water Source: Private, Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Waterfront
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association Name: preston cove homeowners/Diane Taylor / Ray Taylor
  • Phone: 352-394-1250
  • Association: Yes
  • Senior Community: No
  • Association Email: prestoncovehoa@yahoo.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 500
  • Monthly HOA Fee: 41.67
  • Total Monthly Fees: 41.67

Lot Info

  • Zoning: R-3
  • Parcel Number: 01-23-25-0650-000-08000
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, Oversized Lot
  • Flood Zone Code: AE
  • Flood Zone Date: 2012-12-18
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: Buyer to verify any and all restrictions.
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Buyer to verify any and all restrictions

Tax Info

  • Tax Annual Amount: 6120
  • Tax Block: 00/00
  • Tax Book Number: 34-34-36
  • Tax Lot: 80

Multi Family

  • Waterfront Features: Canal - Freshwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2019
Closed on
Apr 25, 2019
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Loftis Christopher and Loftis Jeanne
Seller's Agent
Heather Unger, PA
ACME REAL ESTATE FLORIDA LLC
Buyer's Agent
Monique McGuire
MONIQUE MCGUIRE REALTY INC
List Price
$449,900
Sold Price
$463,200
Premium/Discount to List
$13,300
2.96%
Current Estimated Value
$783,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,620
Avg. Annual Appreciation
9.90%
Original Mortgage
$416,880
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2017
Sold by
Jpmorgan Chase Bank Na
Bought by
Wilmington Savings Fund Society Fsb and Carlsbad Funding Mortgage Trust

Purchase Details

Closed on
Mar 1, 2017
Bought by
Wilmington Savings Fund Societ

Purchase Details

Closed on
Jul 6, 2016
Sold by
Scott Paul G and Scott Julia G
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jul 1, 2016
Bought by
Wilmington Savings Fund Societ

Purchase Details

Closed on
Jan 13, 2004
Sold by
Scott Paul G
Bought by
Scott Paul G and Scott Julia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 1996
Sold by
Stosberg William and Stosberg Grace
Bought by
Scott Paul G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,406
Interest Rate
8.27%
Source: Public Records

Range of Values:

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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
Loftis Christopher $463,200 Buyers Title Inc
Wilmington Savings Fund Society Fsb -- Bayers Title Inc
Wilmington Savings Fund Societ $100 --
Jpmorgan Chase Bank National Association -- None Available
Wilmington Savings Fund Societ $100 --
Scott Paul G -- --
Scott Paul G $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loftis Christopher $414,000
Closed Loftis Christopher $416,880
Previous Owner Scott Paul G $400,000
Previous Owner Scott Paul G $300,000
Previous Owner Scott Paul G $200,000
Previous Owner Scott Paul G $290,000
Previous Owner Scott Paul G $40,000
Previous Owner Scott Paul G $61,027
Previous Owner Scott Paul G $48,406
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2019 06/03/19 Sold $463,200 +3.0% $174 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $449,900 -- $169 / 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 $5,984 $473,170 -- --
2024 $5,984 $473,170 -- --
2023 $5,984 $446,010 $0 $0
2022 $5,687 $433,020 $0 $0
2021 $5,668 $420,410 $0 $0
2020 $5,634 $414,606 $0 $0
2019 $6,371 $405,688 $0 $0
2018 $6,120 $396,399 $0 $0
2017 $5,494 $353,429 $0 $0
2016 $4,272 $301,588 $0 $0
2015 $3,857 $264,949 $0 $0
2014 $3,782 $257,679 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5776346

Stellar MLS

APN: 01-23-25-0650-000-08000