NOT LISTED FOR SALE

16823 Caravaggio Loop Montverde, FL 34756

Estimated Value: $950,000 - $1,469,000

0.63 Acre
$1,872,271 Price per Acre
27,443 Sq Ft Lot

Last Sold August 30, 2017

Last sale price $131,000

Est. 800% increase in value since last sale

Current estimated payment $6,938/month

3 Days on Market

Highlights

  • Waterfront Community
  • Gated Community
  • Private Lot
  • Lake Minneola High School Rated A-
  • Lake View
  • Community Playground

About This Lot

As of August 2017

This may be your last chance to build in Montverde's most exclusive gated lakefront community. Beautiful lake view lot is over 1/2 acre in the Colina Bay community. Builders ready to build your dream home if requested. This estate sized lot has picturesque views of Lake Apopka and the Gourd Neck Loop overlooking Bella Collina across the shore. Enter the luxury gated entrance to this community that features a playground and lakefront park. There is NO time frame to build and you are free to bring ANY builder for a truly custom home, or build with the custom homebuilder already lined up. Existing homes in the 73 home community range from 3,000 - 5,000 s.f.. The dry pond across the street leaves you with unobstructed views of Lake Apopka. Quick access to the Turnpike makes all of Central Florida easily accessible, along with the West Orange bike trail, Bella Collina Country Club, and Montverde Academy. Zoned for top rated schools. Build your dream home in this picturesque setting!

Last Agent to Sell the Property

Jake Johnson

SHORES REAL ESTATE License #3130129 Listed on: 07/13/2017

Last Buyer's Agent

Vincent Paige, Pa

COLDWELL BANKER REALTY License #3212992

COLDWELL BANKER REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $775

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 125 x 220
  • Property fronts a private road
  • East Facing Home
  • Private Lot
  • Oversized Lot
  • Level Lot
  • Cleared Lot

HOA Fees

  • $110 Monthly HOA Fees

Property Views

  • Chain Of Lake Views

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 23-22-26-001000006900

Community Details

Overview

  • Colina Bay Sub Subdivision

Recreation

  • Waterfront Community
  • Community Playground

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$775

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.63
  • Lot Size Sq Ft: 27500
  • Status: Sold
  • Ownership: Fee Simple
  • RATIO Current Price By Calculate: 4.76
  • Total Acreage: 1/2 Acre to 1 Acre
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: VirtualTour

Exterior Features

  • Direction Faces: East
  • Home Warranty: No
  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: LAKE APOPKA
  • Waterfront: No
  • Water View: Lake,Lake - Chain of Lakes
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12069C0595E

Utilities

  • Utilities: Public

Condo/Co-op/Association

  • Community Features: Gated, Playground, Waterfront Complex
  • Association Amenities: Gated, Playground
  • Association Fee: 110
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Gated Community
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 110.00

Lot Info

  • Zoning: R-1
  • Parcel Number: 23-22-26-001000006900
  • Additional Parcels: No
  • Current Use: Single Family
  • Lot Features: Cleared, City Limits, In County, Level, Oversized Lot, Room For Pool, Sidewalk, Paved, Private
  • Lot Dimensions: 125 x 220
  • Flood Zone Code: X
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 775
  • Tax Block: 0
  • Tax Book Number: 60-34-38
  • Tax Lot: 69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2019
Sold by
Terry Sandra A
Bought by
Sandra A Terry Revocable Trust
Current Estimated Value
$1,179,531

Purchase Details

Listed on
Jul 13, 2017
Closed on
Aug 30, 2017
Sold by
Johnson Jacob and Johnson Erika
Bought by
Terry Sandra A
Seller's Agent
Jake Johnson
SHORES REAL ESTATE
Buyer's Agent
Vincent Paige, Pa
COLDWELL BANKER REALTY
List Price
$138,750
Sold Price
$131,000
Premium/Discount to List
-$7,750
-5.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.86%
Original Mortgage
$98,250
Outstanding Balance
$52,260
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,127,271

Purchase Details

Closed on
Apr 20, 2016
Sold by
Kalakota Jyothi S and Challa Kishore K
Bought by
Johnson Jacob and Johnson Erika

Purchase Details

Closed on
Dec 22, 2006
Sold by
Colina Bay Llc
Bought by
Kalakota Jyothi S and Challa Kishore K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
6.19%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Sandra A Terry Revocable Trust -- Attorney
Terry Sandra A $131,000 Attorney
Johnson Jacob $126,000 Attorney
Kalakota Jyothi S $385,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terry Sandra A $98,250
Previous Owner Kalakota Jyothi S $346,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2017 12/01/17 Off Market $131,000 -- --
08/30/2017 08/30/17 Sold $131,000 -5.6% --
07/17/2017 07/17/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $138,750 -- --
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 $7,850 $627,490 -- --
2024 $7,850 $627,490 -- --
2023 $7,850 $591,480 $0 $0
2022 $7,567 $574,260 $0 $0
2021 $7,547 $557,535 $0 $0
2020 $7,498 $549,838 $0 $0
2019 $7,736 $537,477 $0 $0
2018 $1,805 $125,125 $0 $0
2017 $1,597 $106,563 $0 $0
2016 $775 $77,000 $0 $0
2015 $784 $77,000 $0 $0
2014 $610 $55,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jake Johnson

    Seller's Agent in 2017

    Jake Johnson

    SHORES REAL ESTATE

    (407) 973-2040

    30 Total Sales

    Jake Johnson
    Section Image
  • Vincent Paige, Pa

    Buyer's Agent in 2017

    Vincent Paige, Pa

    COLDWELL BANKER REALTY

    (407) 256-8190

    70 Total Sales

    Vincent Paige, Pa
    Section Image
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Map

Source: Stellar MLS

MLS Number: O5523995

Stellar MLS

APN: 23-22-26-0010-000-06900

Florida Lake County Montverde 34756

16823 Caravaggio Loop, Montverde, FL

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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