$650,000
SOLD DEC 24, 2024

1409 S 8th St Leesburg, FL 34748

6 Beds
4.5 Baths
4,430 Sq Ft
0.62 Acres

Recently Sold

$147 Per Sq Ft

13% Below List Price

137 Days on Market

Highlights

  • 0.62 Acre Lot
  • Wood Flooring
  • No HOA
  • Family Room with Fireplace
  • Stone Countertops
  • Walk-In Closet

About This Home

As of December 2024

Final week on the market - Final price drop - Seller motivated!! COME FALL IN LOVE with this Multi generational home. This amazing historic home is located in the beautiful Palmora Park neighborhood with spectacular views of Lake Harris. This home is nicely renovated tying in the old world charm with modern touches. The main house is 3372 sf with 3beds/2.5 bathrooms, 2 living spaces and a bonus room. This home comes with a huge income potential with a second building in the back which is a total of 1056 sqft and has two apartments/in-law suites with separate electric meters (1st floor 1bed/1bath second floor 2bed/1bath) including a full kitchen and laundry inside each unit.
Extensive renovations were done on this property, yet its authentic beauty remains untouched. The home has a newer roof, AC, ceramic tile floors in wet areas, newer kitchen with quartz counter tops, just to name a few. The yard is completely fenced in with a storage shed behind the apartments. The gate to the property is remote controlled and provides access to the large yard, apartments and opens wide enough to drive your RV in.
Palmora Park is a thriving golf cart community with a range of outdoor activities just an arms length away. The community hosts tournaments for fishing, volley, baseball, etc. Additionally the boat club gives you direct lake access to enjoy a range of water sports. The community also does holiday fireworks and holiday light parades. Being walking distance to historic downtown Leesburg is just another jewel in the crown of this 102 year old home.
If you’ve dreamed of a water front home with the feel of Savannah in Florida, nothing comes close to this home. Make your dreams a reality and start living the true Florida lifestyle. Click the link for a video tour:
https://vimeo.com/960681285?share=copy

Last Agent to Sell the Property

Farzana Zalil

CHARLES RUTENBERG REALTY ORLANDO Brokerage Phone: 407-622-2122 License #3443596 Listed on: 06/17/2024

CHARLES RUTENBERG REALTY ORLANDO

Last Buyer's Agent

Kendra Lee Akers

MORRIS REALTY AND INVESTMENTS License #3608341

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,175

Year Built

  • Built in 1922

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 120x225
  • Southeast Facing Home
  • Property is zoned R-1A

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4,430 Sq Ft Home
  • Ceiling Fan
  • Awning
  • French Doors
  • Family Room with Fireplace
  • Living Room
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Mini Split Air Conditioners
  • Tankless Water Heater

Additional Features

  • Outdoor Storage
  • 1,050 SF Accessory Dwelling Unit

Community Details

  • No Home Owners Association
  • Leesburg Palmora Park Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,175

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Brick, Stucco
  • Fireplace: Yes
  • Living Area: 4430
  • Lot Size Acres: 0.62
  • New Construction: No
  • Year Built: 1922
  • Building Area Total: 4430
  • Lot Size Sq Ft: 27000
  • Directions to Property: Follow US-441 N to S 9th St in Leesburg. Continue on S 9th St. Drive to S 8th St
  • Status: Sold
  • Street Direction: S
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Available for Lease YN: 1
  • Escrow City: ORLANDO
  • Escrow Postal Code: 32819
  • Escrow State: FL
  • Escrow Street Name: S. Kirkman Road
  • Escrow Street Number: 5401
  • List Office Head Office Key Nume: 1049393
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 146.73
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_InLawSuiteYN: 1
  • MFR_InLawSuiteDescription: 2+ Bathrooms,2+ Bedrooms,Detached (ADU),Kitchen,Private Entrance
  • MFR_InLawSuiteUnderAirSqFt: 1050.00
  • Attribution Contact: 407-622-2122
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room
  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), PrimaryBedroom Upstairs, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 6
  • Levels: Multi/Split
  • Street Number Modifier: 1409
  • ResoLivingAreaSource: Owner
  • Living Area Meters: 411.56
  • Room Count: 3

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Awning(s), French Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Public
  • Cooling: Central Air, Mini-Split Unit(s)
  • Heating: Central
  • Laundry Features: Laundry Room
  • 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-1A
  • Parcel Number: 35-19-24-0700-010-00200
  • Additional Parcels: No
  • Lot Dimensions: 120x225
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 2508

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 8175
  • Tax Block: 010
  • Tax Book Number: 5-5
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Dec 23, 2024
Sold by
Wallace Jason
Bought by
Tyla James and Borowski Tyler
Seller's Agent
Farzana Zalil
CHARLES RUTENBERG REALTY ORLANDO
Buyer's Agent
Kendra Lee Akers
MORRIS REALTY AND INVESTMENTS
List Price
$748,000
Sold Price
$650,000
Premium/Discount to List
-$98,000
-13.1%
Views
85
Current Estimated Value
$657,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,500
Avg. Annual Appreciation
-0.02%
Original Mortgage
$520,000
Outstanding Balance
$518,673
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$131,250

Purchase Details

Listed on
Jun 17, 2024
Closed on
Dec 10, 2024
Sold by
Crain April and Wallace April
Bought by
Wallace Jason
Seller's Agent
Farzana Zalil
CHARLES RUTENBERG REALTY ORLANDO
Buyer's Agent
Kendra Lee Akers
MORRIS REALTY AND INVESTMENTS
List Price
$748,000
Sold Price
$650,000
Premium/Discount to List
-$98,000
-13.1%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$518,673
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$131,250

Purchase Details

Listed on
Aug 3, 2021
Closed on
Oct 19, 2021
Sold by
Delarm Bradley T
Bought by
Wallace Jason and Wallace April
Seller's Agent
Arletis Delram
NEW SOLUTIONS REALTY INC
Buyer's Agent
Nadine Dawson
WATSON REALTY CORP.
List Price
$569,000
Sold Price
$585,000
Premium/Discount to List
$16,000
2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%
Original Mortgage
$526,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2020
Sold by
Cdm Capital Corp
Bought by
Delarm Bradley T

Purchase Details

Listed on
Jul 11, 2019
Closed on
Aug 5, 2019
Sold by
Bank Of America Na
Bought by
Cdm Capital Corp
Seller's Agent
Adriana Montes MBA ?
FLORIDA DREAMS REALTY GRP INC
Buyer's Agent
Arletis Delram
NEW SOLUTIONS REALTY INC
List Price
$209,000
Sold Price
$168,000
Premium/Discount to List
-$41,000
-19.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.74%

Purchase Details

Closed on
Apr 4, 2019
Sold by
Parks Karen
Bought by
Bank Of America Na

Purchase Details

Closed on
Jun 3, 2014
Sold by
Matthews Kenneth K and Matthews Phyllis J
Bought by
Broome Parks Karen

Purchase Details

Closed on
Dec 5, 1997
Sold by
Rendon Nicholas G
Bought by
Parks Karen

Purchase Details

Closed on
Jul 31, 1995
Sold by
Sentner Kevin A and Sentner Dianne F
Bought by
Rendon Nicholas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,100
Interest Rate
7.48%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $650,000 Alpha Reliable Title
Warranty Deed $650,000 Alpha Reliable Title
Warranty Deed $100 Alpha Reliable Title
Warranty Deed $100 Alpha Reliable Title
Warranty Deed $585,000 West Orange Title Inc
Warranty Deed -- None Available
Special Warranty Deed $168,000 Title365
Trustee Deed $125,500 Reo Title
Warranty Deed $50,000 Senior Title Inc
Warranty Deed $179,900 --
Warranty Deed $178,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $520,000 New Conventional
Closed $520,000 New Conventional
Previous Owner $526,500 New Conventional
Previous Owner $169,100 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2024 12/24/24 Sold $650,000 0.0% $147 / Sq Ft
11/02/2024 11/02/24 Pending -- -- --
10/18/2024 10/18/24 Off Market $650,000 -- --
10/04/2024 10/04/24 For Sale $748,000 0.0% $169 / Sq Ft
08/17/2024 08/17/24 Pending -- -- --
08/05/2024 08/05/24 Price Changed $748,000 -0.1% $169 / Sq Ft
08/02/2024 08/02/24 Price Changed $749,000 -0.1% $169 / Sq Ft
07/27/2024 07/27/24 Price Changed $750,000 -5.7% $169 / Sq Ft
06/17/2024 06/17/24 For Sale $795,000 +35.9% $179 / Sq Ft
10/19/2021 10/19/21 Sold $585,000 +1.0% $136 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
08/23/2021 08/23/21 Price Changed $579,000 +1.8% $135 / Sq Ft
08/23/2021 08/23/21 For Sale $569,000 0.0% $132 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $569,000 +238.7% $132 / Sq Ft
08/13/2019 08/13/19 Sold $168,000 -19.6% $51 / Sq Ft
07/09/2019 07/09/19 For Sale $209,000 -- $63 / 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 $8,278 $514,317 $76,059 $438,258
2024 $8,278 $514,317 $76,059 $438,258
2023 $8,278 $500,044 $76,059 $423,985
2022 $8,145 $472,663 $48,678 $423,985
2021 $5,175 $298,367 $0 $0
2020 $5,199 $281,133 $0 $0
2019 $3,155 $206,291 $0 $0
2018 $2,792 $189,333 $0 $0
2017 $2,685 $182,590 $0 $0
2016 $2,678 $179,735 $0 $0
2015 $2,629 $173,119 $0 $0
2014 $2,481 $170,142 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6215452

Stellar MLS

APN: 35-19-24-0700-010-00200