NOT LISTED FOR SALE

1316 Olympia Ave Mount Dora, FL 32757

Estimated Value: $786,000 - $870,000

3 Beds
2.5 Baths
3,421 Sq Ft
$242/Sq Ft Est. Value

Last Sold May 01, 2019

Last sale price $637,000 $186 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,038/month

63 Days on Market

Highlights

  • Oak Trees
  • View of Trees or Woods
  • Open Floorplan
  • Screened Pool
  • 2.18 Acre Lot
  • Contemporary Architecture

About This Home

As of May 2019

Designed by noted South Florida architect Paul Robin John in 1988, this architectural stunner is an excellent example of the Modernist lines and light-filled spaces of his earlier works such as the Slater House in Boca Raton and Ft. Lauderdale’s City Hall. Nestled on over two lush acres, the home’s full-length screened porch and 40-foot infinity pool overlook towering live oaks, wooded marsh, and spectacular sunsets, ensuring maximum privacy. It is an entertainer’s and nature-lover’s dream. Inside, light streams through the wall-to-wall sliders and clerestory windows that line the back of the home, highlighting the 19-foot ceilings in the spacious living and dining areas. Wood floors and stunning fireplace add a touch of warmth, while the long gallery that separates the master wing from the living and guest sections of the home creates privacy for the owner and provides ample space for displaying art and sculpture. The updated kitchen, with sparkling quartz countertops and stainless appliances, is a dream for the accomplished chef. Clean-lined maple cabinetry is abundant throughout the home. The kitchen opens to a family room and built-in bar area that overlook the pool and porch. Three separate HVAC systems ensure comfort throughout the home. Located in a neighborhood of beautiful custom homes – but entirely private -- the galleries, waterfront and dining of Mount Dora are less than a mile away. It is approximately 30 minutes to Orlando, 45 minutes to the airport, and an hour to the beaches and Disney.

Last Agent to Sell the Property

Michele Lowe

DAVE LOWE REALTY, INC. License #703743 Listed on: 01/18/2019

Co-Listed By

Tony Jackowitch

DAVE LOWE REALTY, INC. License #3080379

Last Buyer's Agent

Chad Williams

OLYMPUS EXECUTIVE REALTY INC License #3253762

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,175

Year Built

  • Built in 1989

Lot Details

  • 2.18 Acre Lot
  • East Facing Home
  • Mature Landscaping
  • Irrigation
  • Oak Trees
  • Wooded Lot
  • Property is zoned R-CE

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • Open Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Membrane Roofing

Interior Spaces

  • 3,421 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Dry Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Inside Utility
  • Views of Woods
  • Home Security System

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Infinity Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Filtration System
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Elysium Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,175

Year Built

Built in 1989

Lot Details

0

HOA Fees

$8 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Other
  • Fireplace: Yes
  • Living Area: 3421
  • Lot Size Acres: 2.18
  • New Construction: No
  • Year Built: 1989
  • Building Area Total: 5629
  • Lot Size Sq Ft: 94875
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5010897&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5010897&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9437
  • Price per Sq Ft: 186.2
  • Close to Original List Price Ratio: 0.91065
  • Ratio: Current Price\Building Area Total: 113.16
  • View: Yes
  • Co List Office Mls Id: 20230
  • Co List Office Phone: 352-383-7104
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Marble, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Dry Bar, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Water Filtration System
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Window Features: Blinds, Window Treatments
  • Room Count: 8
  • Additional Rooms: Family Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, In Ground, Infinity, Screen Enclosure
  • Exterior Features: Irrigation System, Rain Gutters, Sliding Doors
  • Roof: Membrane
  • Pool Private: Yes
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Rear Porch, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0020F
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Guest
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Security System
  • Senior Community: No
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Monthly HOA Fee: 8.33

Lot Info

  • Zoning: R-CE
  • Parcel Number: 05-20-27-0000-00-016
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Number Limit, Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: See county and HOA restrictions
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See county and HOA restrictions

Tax Info

  • Tax Annual Amount: 7175
  • Tax Block: A
  • Tax Book Number: 00/00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2019
Closed on
May 1, 2019
Sold by
Wilson Saundra L and Saundra L Wilson Family Trust
Bought by
Weir Mark and Wier Rhonda
Seller's Agent
Michele Lowe
DAVE LOWE REALTY, INC.
Buyer's Agent
Chad Williams
OLYMPUS EXECUTIVE REALTY INC
List Price
$699,500
Sold Price
$637,000
Premium/Discount to List
-$62,500
-8.93%
Current Estimated Value
$829,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,282
Avg. Annual Appreciation
4.03%

Purchase Details

Closed on
May 12, 2005
Sold by
Wilson Terry W
Bought by
Wilson Saundra L and Saundra L Wilson Family Trust

Purchase Details

Closed on
Jan 24, 2003
Sold by
Wilson Saundra L
Bought by
Wilson Terry W and Terry W Wilson Family Trust

Purchase Details

Closed on
Jun 2, 1999
Sold by
Nationsbank Na
Bought by
Wilson Saundra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.9%
Mortgage Type
New Conventional
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
Weir Mark -- Attorney
Wilson Saundra L -- --
Wilson Terry W -- --
Wilson Saundra L $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Saundra L $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2019 05/01/19 Sold $637,000 -5.6% $186 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
03/12/2019 03/12/19 Price Changed $675,000 -3.5% $197 / Sq Ft
01/17/2019 01/17/19 For Sale $699,500 -- $204 / 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 $8,214 $550,043 -- --
2024 $7,663 $534,541 -- --
2023 $7,663 $504,346 $0 $0
2022 $7,415 $489,656 $140,000 $349,656
2021 $7,538 $450,018 $140,000 $310,018
2020 $7,315 $453,088 $140,000 $313,088
2019 $7,277 $426,158 $110,000 $316,158
2018 $7,228 $419,251 $110,000 $309,251
2017 $7,175 $412,481 $110,000 $302,481
2016 $6,913 $389,812 $95,000 $294,812
2015 $6,891 $390,200 $95,000 $295,200
2014 $6,261 $335,952 $95,000 $240,952
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5010897

Stellar MLS

APN: 05-2027-0000-00-016