NOT LISTED FOR SALE

1320 S Highway 27 Clermont, FL 34711

Estimated Value: $692,000

1.87 Acres
$370,053 Price per Acre
81,457 Sq Ft Lot

Last Sold September 21, 2012

Last sale price $275,000

Est. 152% increase in value since last sale

Current estimated payment $4,275/month

568 Days on Market

About This Lot

As of September 2012

LOCATION,LOCATION,LOCATION!!! C-2 ZONING on HIGHWAY 27 in Clermont just NORTH of HIGHWAY 50. This property has approximately 237 feet of highway FRONTAGE on US HIGHWAY 27! The property was formely a MOTOR LODGE with 39 rooms. VALUE in the land as wellvalue in the form of a credit for the impact fees depending on new use. HIGH traffic count and great VISIBILITY are just two of the many features of this property. All UTILITIES are available to the site. Property is being SOLD AS IS. List of potential uses available.

Last Agent to Sell the Property

Karin Arellano

ARELLANO REALTY & INVESTMENTS License #701029 Listed on: 05/24/2010

Last Buyer's Agent

NON-MLS AGENT

Non-MLS Particip

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,887

Year Built

  • Built in 1958

Lot Details

  • 1.87 Acre Lot
  • Lot Dimensions are 237.0x412.0
  • Property fronts a highway
  • East Facing Home

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 01400
  • Assessor Parcel Number 30-22-26-000100001400

Property Details

Property Type

Land

Est. Annual Taxes

$3,887

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.87
  • Year Built: 1958
  • Lot Size Sq Ft: 81370
  • Directions to Property: from SR 50 & HWY 27 , travel NORTH on HWY 27, take your first LEFT on Highland and drive down the acess road, hotel is on your RIGHT
  • Status: Sold
  • Street Direction: S
  • Ownership: Fee Simple
  • List Office Head Office Key Nume: 1049509
  • RATIO Current Price By Calculate: 3.38
  • Total Acreage: 1 to less than 2
  • Water Access YN: 0
  • Tax Year: 2011
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 1320

Exterior Features

  • Direction Faces: East
  • Home Warranty: No
  • Road Frontage Type: Highway
  • Waterfront: No
  • Water Extras YN: 0
  • Water View YN: 0
  • Price Per Acre: 147058

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Parcel Number: 30-22-26-000100001400
  • Additional Parcels: No
  • Current Use: Commercial
  • Lot Features: City Limits
  • Lot Dimensions: 237.0X412.0
  • Future Land Use: 3900
  • State Land Use Code: 0
  • State Property Use Code: 0

Rental Info

  • Expected Lease Date: 2012-09-21T00:00:00.000

Tax Info

  • Tax Annual Amount: 3887
  • Tax Block: 000
  • Tax Book Number: 3521/338
  • Tax Lot: 01400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2023
Sold by
Clermont Gateway Investment Properties L
Bought by
Gunther Motor Company New Ventures Iv Llc
Total Days on Market
568
Current Estimated Value
$692,000

Purchase Details

Closed on
Dec 28, 2020
Sold by
Prince Acquisition And Development Llc
Bought by
Clermont Gateway Investment Prop Llc

Purchase Details

Listed on
May 24, 2010
Closed on
Sep 21, 2012
Sold by
The First National Bank Of Mount Dora
Bought by
Prince Acquisition & Developments Inc
Seller's Agent
Karin Arellano
ARELLANO REALTY & INVESTMENTS
Buyer's Agent
NON-MLS AGENT
Non-MLS Particip
List Price
$876,500
Sold Price
$275,000
Premium/Discount to List
-$601,500
-68.63%

Purchase Details

Closed on
Nov 17, 2005
Sold by
Bailey Opal Simer
Bought by
Brea Greggie Almirantes

Purchase Details

Closed on
Oct 15, 2004
Sold by
Bailey Opal S and Bailey Opal Simer
Bought by
Bailey Opal Simer

Purchase Details

Closed on
Oct 1, 2003
Sold by
Bailey Opal
Bought by
Trademore Ind Ltd Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,340,000
Interest Rate
6.45%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gunther Motor Company New Ventures Iv Llc $4,100,000 None Listed On Document
Clermont Gateway Investment Prop Llc $525,000 None Available
Prince Acquisition & Developments Inc $275,000 Attorney
Brea Greggie Almirantes -- --
Bailey Opal Simer -- --
Trademore Ind Ltd Inc $1,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The First National Bank Of Mount Dora $0
Previous Owner Trademore Ind Ltd Inc $1,340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2014 06/17/14 Off Market $275,000 -- --
09/21/2012 09/21/12 Sold $275,000 -68.6% --
12/14/2011 12/14/11 Pending -- -- --
05/24/2010 05/24/10 For Sale $876,500 -- --
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 $4,692 $649,837 $649,837 --
2024 $4,692 $649,837 $649,837 --
2023 $4,692 $270,765 $270,765 $0
2022 $4,284 $246,150 $246,150 $0
2021 $3,792 $223,773 $0 $0
2020 $3,821 $223,773 $0 $0
2019 $3,646 $203,430 $0 $0
2018 $3,520 $203,430 $0 $0
2017 $3,341 $203,430 $0 $0
2016 $2,944 $162,744 $0 $0
2015 $3,036 $162,744 $0 $0
2014 $4,155 $226,829 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G4661548

Stellar MLS

APN: 30-22-26-0001-000-01400