NOT LISTED FOR SALE

140 S Simpson St Mount Dora, FL 32757

Estimated Value: $317,000 - $365,152

4 Beds
2 Baths
1,738 Sq Ft
$202/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $370,000 $213 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,167/month

5 Days on Market

Highlights

  • Open Floorplan
  • Sliding Doors
  • Ceiling Fan
  • No HOA
  • Central Heating and Cooling System

About This Home

As of November 2023

Whether you are a seasoned investor or new to real estate investing, this turnkey property is the perfect location for the many attractions downtown Mt. Dora has to offer! Just three blocks from downtown, this duplex offers a tree-lined street and a relaxed feel. Maintenance is up to date with many upgrades. New roof this year and both water heaters have recently been replaced. Both units have 2 bedrooms, 1 bath with a private screen in patio, indoor laundry area and a one car carport. One owner since 1983. Property has been maintained and is in excellent condition.

Last Agent to Sell the Property

David Cook

COOK & COMPANY REALTY, INC. Brokerage Phone: 352-551-6062 License #3240404 Listed on: 09/26/2023

Last Buyer's Agent

Ronald Ziolkowski

RE/MAX PRIME PROPERTIES License #668451

RE/MAX PRIME PROPERTIES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,913

Year Built

  • Built in 1981

Lot Details

  • 9,940 Sq Ft Lot

Parking

  • 2 Carport Spaces

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,738 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Mount Dora Oakwood Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,913

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1738
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1981
  • Lot Size Sq Ft: 9940
  • Status: Sold
  • Street Direction: S
  • Ownership: Fee Simple
  • Escrow City: Lady Lake
  • Escrow State: FL
  • Escrow Street Name: US Hwy 441 Suite 200
  • RATIO Current Price By Calculate: 212.89
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Thermostat
  • Foundation Details: Block
  • Levels: One
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 161.47

Exterior Features

  • Exterior Features: Other, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12069C0367E

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Electricity Available, Fire Hydrant, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R-2
  • Parcel Number: 32-19-27-1800-00A-00700
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 2913
  • Tax Block: 00A
  • Tax Book Number: 5-20
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Nov 2, 2023
Sold by
Florence E Buchanan Trust
Bought by
Hills Joseph A
Seller's Agent
David Cook
COOK & COMPANY REALTY, INC.
Buyer's Agent
Ronald Ziolkowski
RE/MAX PRIME PROPERTIES
List Price
$365,000
Sold Price
$370,000
Premium/Discount to List
$5,000
1.37%
Views
53
Current Estimated Value
$350,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,212
Avg. Annual Appreciation
-2.47%
Original Mortgage
$277,500
Outstanding Balance
$271,864
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$78,924

Purchase Details

Closed on
Oct 22, 2015
Sold by
Buchanan Charles C and Buchanan Florence E
Bought by
The Florence B Buchanan Trust and Buchanan Charles C

Purchase Details

Closed on
Jun 4, 2012
Sold by
Buchanan Charles C and Buchanan Florence E
Bought by
Buchanan Charles C and Buchanan Florence E

Purchase Details

Closed on
Jun 29, 1999
Sold by
Cooke Marvin D and Cooke Marjorie M
Bought by
Cooke Marvin D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hills Joseph A $370,000 Tri-County Land Title
Hills Joseph A $370,000 Tri-County Land Title
The Florence B Buchanan Trust -- Attorney
Buchanan Charles C -- Attorney
Cooke Marvin D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hills Joseph A $277,500
Closed Hills Joseph A $277,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2023 11/02/23 Sold $370,000 +1.4% $213 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/26/2023 09/26/23 For Sale $365,000 -- $210 / 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 $3,943 $217,015 $90,000 $127,015
2025 $3,266 $186,531 $60,000 $126,531
2024 $3,266 $186,531 $60,000 $126,531
2023 $3,266 $182,471 $60,000 $122,471
2022 $2,913 $141,845 $30,000 $111,845
2021 $2,596 $116,453 $0 $0
2020 $2,685 $116,453 $0 $0
2019 $2,611 $116,453 $0 $0
2018 $2,308 $93,077 $0 $0
2017 $1,820 $85,278 $0 $0
2016 $1,818 $85,278 $0 $0
2015 $1,833 $83,797 $0 $0
2014 $1,717 $82,452 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    David Cook

    COOK & COMPANY REALTY, INC.

    (352) 551-6062

    1 in this area

    13 Total Sales

    David Cook
    Section Image
  • Ronald Ziolkowski

    Buyer's Agent in 2023

    Ronald Ziolkowski

    RE/MAX

    (407) 592-7653

    1 in this area

    271 Total Sales

    Ronald Ziolkowski
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: G5073546

Stellar MLS

APN: 32-19-27-1800-00A-00700

Florida Lake County Mount Dora 32757

140 S Simpson St, Mount Dora, FL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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