NOT LISTED FOR SALE

16656 Palm Spring Dr Clermont, FL 34714

Estimated Value: $476,000 - $522,000

7 Beds
4.5 Baths
3,082 Sq Ft
$163/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $500,000 $162 Per Sq Ft

Current estimated payment $3,499/month

190 Days on Market

Highlights

  • Fitness Center
  • Solar Power System
  • Main Floor Primary Bedroom
  • Screened Pool
  • Clubhouse
  • Corner Lot

About This Home

As of May 2024

Welcome to this fantastic property zoned for short-term rentals, offering boundless potential for individuals looking for a Vacation home near Disney or Investors. This gem will be sold completely furnished, making it a turnkey operation for those looking to enter the lucrative vacation rental market. But that's not all—SELLER FINANCING AVAILABLE! for your convenience! With a competitive 6% interest rate and an extended 30-year amortization period, securing this property is more accessible than ever. A reasonable 20% down payment opens the door to endless possibilities. Featuring a spacious layout with 7 bedrooms and 4 1/2 bathrooms, this property is designed to accommodate guests comfortably, ensuring a steady stream of rental income. The home is equipped with solar panels to reduce expenses. Are you ready to take advantage of this exceptional opportunity? Don't miss out on the chance to own a piece of the thriving short-term rental market. Act now and make this investment yours!

Last Agent to Sell the Property

Tyler Gibson

LPT REALTY, LLC Brokerage Phone: 407-476-4127 License #3454664 Listed on: 09/20/2023

LPT REALTY, LLC

Last Buyer's Agent

Agueda Santiago

FLORIDA REALTY TEAM OF CENTRAL License #3257345

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,888

Year Built

  • Built in 2004

Lot Details

  • 6,489 Sq Ft Lot
  • North Facing Home
  • Mature Landscaping
  • Corner Lot
  • Irrigation
  • Property is zoned PUD

HOA Fees

  • $239 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,082 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System

Pool

  • Screened Pool
  • In Ground Pool
  • Fence Around Pool
  • Child Gate Fence

Schools

  • Sawgrass Bay Elementary School
  • Windy Hill Middle School
  • East Ridge High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, internet, ground maintenance, recreational facilities
  • Extreme Management Team Association
  • Glenbrook Sub Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,888

Year Built

Built in 2004

Lot Details

0

HOA Fees

$239 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Internet, Maintenance Grounds, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3082
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 3770
  • Lot Size Sq Ft: 6489
  • Directions to Property: via Morning Star Dr and Palm Spring Dr. Head west on Rolling Green Dr toward Morning Star Dr then urn left onto Morning Star Dr and Turn left onto Palm Spring Dr. Destination will be on the right
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1041803
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 162.23
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 407-476-4127
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 7
  • Levels: Two
  • Street Number Modifier: 16656
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 286.33
  • Room Count: 3

Exterior Features

  • Direction Faces: North
  • Pool Features: Child Safety Fence, In Ground, Screen Enclosure
  • Exterior Features: Irrigation System, Sidewalk
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Playground, Pool, Sidewalks, Tennis Courts
  • Association Fee: 717
  • Association Fee Frequency: Quarterly
  • Association Name: Extreme Management Team
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: josh@hoaemt.com

Fee Information

  • Total Annual Fees: 2868.00
  • Total Monthly Fees: 239.00
  • Monthly HOA Amount: 239.00

Schools

  • Elementary School: Sawgrass bay Elementary
  • High School: East Ridge High
  • Middle Or Junior School: Windy Hill Middle

Lot Info

  • Zoning: PUD
  • Parcel Number: 26-24-26-0700-000-09600
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 603

Green Features

  • Green Power: Solar
  • Green Verification Count: 0

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: BUYER OR BUYERS AGENT NEED TO VERIFY INDEPENDENTLY

Tax Info

  • Tax Annual Amount: 4887.68
  • Tax Block: 000
  • Tax Book Number: 46/30
  • Tax Lot: 96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
May 17, 2024
Sold by
Rojas Dyna
Bought by
Alvarez Peguero Emmanuel and Alvarez Mariluz Mejia-Alvarez
Seller's Agent
Tyler Gibson
LPT REALTY, LLC
Buyer's Agent
Agueda Santiago
FLORIDA REALTY TEAM OF CENTRAL
List Price
$500,000
Sold Price
$500,000
Views
511
Current Estimated Value
$501,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,688
Avg. Annual Appreciation
0.26%
Original Mortgage
$475,000
Outstanding Balance
$469,359
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$32,329

Purchase Details

Listed on
Jan 12, 2022
Closed on
Feb 17, 2022
Sold by
Albert Agular
Bought by
Rojas Dyna
Seller's Agent
Aline Easterly
META ONE REALTY GROUP LLC
Buyer's Agent
Leonard O'Connor
EPIQUE REALTY, INC.
List Price
$464,900
Sold Price
$480,000
Premium/Discount to List
$15,100
3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.84%
Original Mortgage
$360,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2020
Closed on
Nov 6, 2020
Sold by
Han Lu and Han Chao
Bought by
Agular Albert
Seller's Agent
Huafeng Fang
MAGICMIND REALTY LLC
Buyer's Agent
Melissa Pacheco
KELLER WILLIAMS REALTY AT THE PARKS
List Price
$349,950
Sold Price
$320,000
Premium/Discount to List
-$29,950
-8.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.93%
Original Mortgage
$314,204
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2016
Sold by
Genece Jean Y and Genece Elza
Bought by
Han Lu and Han Chao

Purchase Details

Closed on
Sep 6, 2016
Sold by
Eggenberger Leslie
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 22, 2004
Sold by
Whitemark Homes Of Florida Inc
Bought by
Genece Jean Y and Genece Elza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,700
Interest Rate
5.25%
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 Buyer Sale Price Title Company
Alvarez Peguero Emmanuel $500,000 None Listed On Document
Rojas Dyna $480,000 New Title Company Name
Agular Albert $320,000 Stewart Title Company
Han Lu $265,000 Attorney
Federal National Mortgage Association $75,100 None Available
Genece Jean Y $302,200 Universal Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Peguero Emmanuel $475,000
Previous Owner Rojas Dyna $360,000
Previous Owner Agular Albert $314,204
Previous Owner Genece Jean Y $216,000
Previous Owner Genece Jean Y $241,700
Previous Owner Whitemark Homes Fl Inc $188,600
Previous Owner Whitemark Homes Of Florida Inc $188,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $500,000 0.0% $162 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $500,000 0.0% $162 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
11/28/2023 11/28/23 Price Changed $500,000 -5.7% $162 / Sq Ft
11/06/2023 11/06/23 Price Changed $530,000 0.0% $172 / Sq Ft
11/06/2023 11/06/23 For Sale $530,000 -1.9% $172 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
10/13/2023 10/13/23 Price Changed $540,000 -1.8% $175 / Sq Ft
09/20/2023 09/20/23 For Sale $550,000 +14.6% $178 / Sq Ft
02/21/2022 02/21/22 Sold $480,000 0.0% $156 / Sq Ft
01/16/2022 01/16/22 Pending -- -- --
01/16/2022 01/16/22 Off Market $480,000 -- --
01/11/2022 01/11/22 For Sale $464,900 +45.3% $151 / Sq Ft
11/06/2020 11/06/20 Sold $320,000 0.0% $104 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/23/2020 09/23/20 Price Changed $319,950 -8.6% $104 / Sq Ft
09/04/2020 09/04/20 For Sale $349,950 -- $114 / 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 $6,308 $434,527 $87,450 $347,077
2024 $6,308 $434,527 $87,450 $347,077
2023 $6,308 $424,534 $87,450 $337,084
2022 $4,888 $344,766 $59,125 $285,641
2021 $4,455 $291,114 $0 $0
2020 $4,082 $267,608 $0 $0
2019 $4,050 $258,511 $0 $0
2018 $3,493 $211,411 $0 $0
2017 $3,726 $228,812 $0 $0
2016 $3,808 $229,068 $0 $0
2015 $4,069 $237,658 $0 $0
2014 $4,072 $235,301 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6143169

Stellar MLS

APN: 26-24-26-0700-000-09600