NOT LISTED FOR SALE

1328 E 8th Ave Mount Dora, FL 32757

Estimated Value: $418,000 - $592,003

3 Beds
1 Bath
1,652 Sq Ft
$295/Sq Ft Est. Value

Last Sold June 23, 2020

Last sale price $110,000 $67 Per Sq Ft

Est. 343% increase in value since last sale

Current estimated payment $2,939/month

466 Days on Market

Highlights

  • Additional Residence on Property
  • The property is located in a historic district
  • 1.4 Acre Lot
  • Oak Trees
  • View of Trees or Woods
  • 4-minute walk to Forres Playground

About This Home

As of June 2020

Rare opportunity to get two parcels of land totaling over 1.3 acres in the heart of Mount Dora. There are two old homes built in the 1920's located on the property. The homes have not been lived in for many years, are not habitable, and have little value. The value is in the land. Endless possibilities: Fix up both homes or tear them down, save on impact fees and build your dream house, or build two new homes - one on each parcel. Prime location near Downtown Mount Dora. Close to Lake Franklin, Mount Dora High School, recreation and nature parks. Conveniently situated with close access to the Western Beltway, SR 429, Florida's turnpike and I-4. Sellers are motivated. Make us an offer!

Last Agent to Sell the Property

Jinx Bright

BHHS FLORIDA REALTY License #3381081 Listed on: 12/12/2018

BHHS FLORIDA REALTY

Last Buyer's Agent

Timothy McGinnis, Jr

MAINFRAME REAL ESTATE License #3354972

MAINFRAME REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,348

Year Built

  • Built in 1923

Lot Details

  • 1.4 Acre Lot
  • North Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Oak Trees
  • Wooded Lot
  • 2 Lots in the community
  • Additional Parcels
  • Historic Home

Parking

  • Off-Street Parking

Home Design

  • Fixer Upper
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,652 Sq Ft Home
  • Wood Burning Fireplace
  • Views of Woods
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed
  • Front Porch

Additional Homes

  • Additional Residence on Property

Location

  • The property is located in a historic district
  • City Lot

Utilities

  • No Cooling
  • No Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mount Dora Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,348

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Historical
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 1652
  • Lot Size Acres: 1.4
  • New Construction: No
  • Year Built: 1923
  • Building Area Total: 1812
  • Lot Size Sq Ft: 57364
  • Number Of Lots: 2
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5009778&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5009778&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 005
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.81481
  • Price per Sq Ft: 66.59
  • Close to Original List Price Ratio: 0.57895
  • Ratio: Current Price\Building Area Total: 60.71
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: None
  • Foundation Details: Crawlspace, Slab
  • Total Bedrooms: 3
  • Spa Yn: No
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Other Structures: Additional Single Family Home, Shed(s)
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Rear Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12069C0367E
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Off Street
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Other
  • Cooling: None
  • Heating: None
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: R-1
  • Parcel Number: 29-19-27-005024700002
  • Additional Parcels: Yes
  • Lot Features: Historic District, City Lot, Level, Oversized Lot
  • Lot Dimensions: irregular
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2012-12-18
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Pet Restrictions: See City and County Regulations for Pets
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2347.83
  • Tax Block: 247
  • Tax Book Number: 3-37-43
  • Tax Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2018
Closed on
Jun 23, 2020
Sold by
Meade Frank and Meade Shirley
Bought by
Harvey Jaime
Seller's Agent
Jinx Bright
BHHS FLORIDA REALTY
Buyer's Agent
Timothy McGinnis, Jr
MAINFRAME REAL ESTATE
List Price
$147,600
Sold Price
$110,000
Premium/Discount to List
-$37,600
-25.47%
Current Estimated Value
$486,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,751
Avg. Annual Appreciation
30.92%
Original Mortgage
$336,852
Outstanding Balance
$299,251
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$187,500
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Harvey Jaime $110,000 Florida Ttl & Guarantee Agcy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harvey Jaime $336,852
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2020 06/23/20 Sold $110,000 -18.5% $67 / Sq Ft
03/22/2020 03/22/20 Pending -- -- --
02/14/2020 02/14/20 Price Changed $135,000 -8.5% $82 / Sq Ft
12/04/2019 12/04/19 For Sale $147,600 0.0% $89 / Sq Ft
11/21/2019 11/21/19 Pending -- -- --
09/17/2019 09/17/19 Price Changed $147,600 -10.5% $89 / Sq Ft
09/17/2019 09/17/19 For Sale $165,000 0.0% $100 / Sq Ft
09/07/2019 09/07/19 Pending -- -- --
07/24/2019 07/24/19 Price Changed $165,000 -5.7% $100 / Sq Ft
04/24/2019 04/24/19 Price Changed $174,900 -2.8% $106 / Sq Ft
02/06/2019 02/06/19 Price Changed $179,900 -5.3% $109 / Sq Ft
12/12/2018 12/12/18 For Sale $190,000 -- $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
2026 $4,668 $294,190 -- --
2025 $4,403 $286,180 -- --
2024 $4,403 $286,180 -- --
2023 $4,403 $269,760 $0 $0
2022 $4,322 $260,420 $0 $0
2021 $4,167 $252,839 $0 $0
2020 $2,399 $140,607 $0 $0
2019 $2,348 $141,221 $0 $0
2018 $1,797 $78,521 $0 $0
2017 $1,518 $72,790 $0 $0
2016 $1,462 $72,790 $0 $0
2015 $1,341 $62,424 $0 $0
2014 $1,283 $61,601 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5009778

Stellar MLS

APN: 29-19-27-0050-247-00002