NOT LISTED FOR SALE

1400 N Simpson St Mount Dora, FL 32757

Estimated Value: $183,000 - $315,000

3 Beds
2 Baths
1,488 Sq Ft
$177/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $40,000 $27 Per Sq Ft

Est. 557% increase in value since last sale

Current estimated payment $1,572/month

38 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • West Facing Home
  • Mature Landscaping
  • High Speed Internet
  • 5-minute walk to Frank Brown Sports Complex

About This Home

As of May 2014

BACK ON MARKET AND READY FOR QUICK SALE!NICE HOME NEAR DOWNTOWN MOUNT DORA WITH OPEN FLOOR PLAN.PRICED TO SELL FAST

Last Agent to Sell the Property

Geri Lau

TRI COUNTY REALTY License #3209757 Listed on: 03/02/2014

Last Buyer's Agent

Geri Lau

TRI COUNTY REALTY License #3209757 Listed on: 03/02/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 65.0x140.0
  • West Facing Home
  • Mature Landscaping
  • Level Lot
  • Property is zoned R1

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,488 Sq Ft Home
  • Carpet
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mount Dora Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1488
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 2528
  • Lot Size Sq Ft: 13300
  • Directions to Property: Donnelly to E. 11th to left on N. Simpson
  • Status: Sold
  • Street Direction: N
  • Street Post Direction: N
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G4704365&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G4704365&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 0050
  • Ratio: Close Price\List Price: 0.59259
  • Price per Sq Ft: 26.88
  • Close to Original List Price Ratio: 0.44944
  • Ratio: Current Price\Building Area Total: 15.82
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: 4116

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Other
  • Full Bathrooms: 2
  • Interior Amenities: Other
  • Appliances Included: Range
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 1400
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: None
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Gas, Private
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: R1
  • Parcel Number: 29-19-27-005012800003
  • Additional Parcels: No
  • Lot Features: City Lot, Level, Sidewalk
  • Lot Dimensions: 65.0X140.0
  • Millage Rate: 19.73
  • Flood Zone Code: X
  • Future Land Use: 0100
  • Zoning Compatible Y N: No
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Expected Lease Date: 2014-05-16T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 1789
  • Tax Block: 128
  • Tax Book Number: 0003/0037
  • Tax Lot: 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2014
Closed on
May 16, 2014
Sold by
United Southern Bank
Bought by
Keda Properties Llc
Seller's Agent
Geri Lau
TRI COUNTY REALTY
Buyer's Agent
Geri Lau
TRI COUNTY REALTY
List Price
$67,500
Sold Price
$40,000
Premium/Discount to List
-$27,500
-40.74%
Current Estimated Value
$262,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,870
Avg. Annual Appreciation
17.86%

Purchase Details

Closed on
Nov 28, 2011
Sold by
Cheek Ward A
Bought by
United Southern Bank

Purchase Details

Closed on
Oct 22, 2008
Sold by
Sunstate Capital Holdings Inc
Bought by
Cheek Ward A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2008
Sold by
Us Bank Na
Bought by
Sunstate Capital Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2008
Sold by
Gelais Zachary
Bought by
Us Bank Na

Purchase Details

Closed on
Dec 27, 2005
Sold by
Gelais Zackary and Jerome Edna
Bought by
Gelais Zackary

Purchase Details

Closed on
Mar 10, 2004
Sold by
Gelais Zackary and Jerome Manilus
Bought by
Gelais Zackary and Jerome Edna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2002
Sold by
Vosilla John and Gustafson Brad
Bought by
Gelais Zackary and Gelais Jerome Manilus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,920
Interest Rate
6.77%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Keda Properties Llc $40,000 Attorney
United Southern Bank $54,500 Attorney
Cheek Ward A $55,000 Southeast Professional Title
Sunstate Capital Holdings Inc $41,500 Attorney
Us Bank Na -- Attorney
Gelais Zackary $36,000 None Available
Gelais Zackary -- First American Title Ins Co
Gelais Zackary $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cheek Ward A $50,000
Previous Owner Gelais Zackary $72,000
Previous Owner Gelais Zackary $72,000
Previous Owner Gelais Zackary $65,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2014 05/16/14 Sold $40,000 -40.7% $27 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $67,500 0.0% $45 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
03/02/2014 03/02/14 For Sale $67,500 -- $45 / 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 $2,320 $157,955 $46,863 $111,092
2024 $2,320 $157,955 $46,863 $111,092
2023 $2,320 $154,409 $46,863 $107,546
2022 $1,940 $104,021 $25,384 $78,637
2021 $1,673 $78,268 $0 $0
2020 $1,721 $76,140 $0 $0
2019 $1,763 $76,140 $0 $0
2018 $0 $72,264 $0 $0
2017 $1,397 $66,799 $0 $0
2016 $1,384 $66,799 $0 $0
2015 $1,290 $59,942 $0 $0
2014 $1,228 $58,993 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G4704365

Stellar MLS

APN: 29-19-27-0050-128-00003