NOT LISTED FOR SALE

1992 Palo Alto Ave Lady Lake, FL 32159

Village of Palo Alto Neighborhood

Estimated Value: $496,000 - $510,000

2 Beds
2 Baths
2,050 Sq Ft
$245/Sq Ft Est. Value

Last Sold January 25, 2022

Last sale price $475,000 $232 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,212/month

10 Days on Market

Highlights

  • On Golf Course
  • Open Floorplan
  • Vaulted Ceiling
  • Senior Community
  • Clubhouse
  • Main Floor Primary Bedroom

About This Home

As of January 2022

Bond Paid! You will love living in this beautiful well maintained designer home on the golf course! This home is a must visit. The
Village of Palo Alto offers the perfect location to Tierra Del Sol Rec Center Restaurant & The Studio Theatre close to Spanish Springs
and Lake Sumter Landing. This home features lots of living space including a den with a fireplace that can easily be used as a third
bedroom. The 14x30 large Florida room offers a wall of windows with exceptional views of the golf course. The kitchen is well
appointed with plenty of cabinets and pull-out shelves for easy storage. Check out the 360 interactive virtual tour! Roof replaced in
2016.

Last Agent to Sell the Property

Mark Cline

MARKET CONNECT REALTY LLC License #3406022 Listed on: 12/17/2021

MARKET CONNECT REALTY LLC

Last Buyer's Agent

Candyce Gresham

REALTY EXECUTIVES IN THE VILLAGES License #3422204

REALTY EXECUTIVES IN THE VILLAGES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,696

Year Built

  • Built in 1997

Lot Details

  • 8,280 Sq Ft Lot
  • On Golf Course
  • Northeast Facing Home

HOA Fees

  • $164 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,050 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Blinds
  • Drapes & Rods
  • Combination Dining and Living Room
  • Golf Course Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Homestead Exemption
  • Visit Down Payment Resource Website
  • Legal Lot and Block 25 / 0/025
  • Assessor Parcel Number D12M025
  • $488 per year additional tax assessments

Community Details

Overview

  • Senior Community
  • District Administration Association, Phone Number (352) 751-3939
  • Sumter Villages Subdivision
  • The community has rules related to allowable golf cart usage in the community

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Recreation Facilities
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,696

Year Built

Built in 1997

Lot Details

0

HOA Fees

$164 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 2050
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1997
  • Building Area Total: 2427
  • Lot Size Sq Ft: 8280
  • Directions to Property: 446 TO NORTH ON MORSE TO LEFT ON SAN MARINO TO END TO LEFT ON PALO ALTO TO HOME ON THE LEFT.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5992115?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5992115?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.01953
  • Price per Sq Ft: 231.71
  • Close to Original List Price Ratio: 1.01953
  • Ratio: Current Price\Building Area Total: 195.71
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Skylight(s), Solid Wood Cabinets, Split Bedroom, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds, Drapes, Window Treatments
  • Street Number Modifier: 1992
  • Room Count: 4

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Rain Gutters, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • View: Golf Course
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12119C0086D
  • Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Golf Carts OK, Golf, Pool, Sidewalk, Tennis Courts
  • Association Amenities: Clubhouse, Golf Course, Pickleball Court(s), Pool, Recreation Facilities, Tennis Court(s)
  • Association Fee: 164
  • Association Fee Frequency: Monthly
  • Association Name: District Administration
  • Phone: 352-751-3939
  • Association: Yes
  • Senior Community: Yes
  • Association Email: richard.baier@districtgov.org
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1968
  • Monthly HOA Fee: 164
  • Total Monthly Fees: 164

Lot Info

  • Zoning: RES
  • Parcel Number: D12M025
  • Additional Parcels: No
  • Lot Features: On Golf Course, Sidewalk
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Flood Zone Date: 2013-09-27

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: Buyer to verify any pet restrictions.
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Buyer to verify any leasing restrictions.

Tax Info

  • Tax Annual Amount: 2696
  • Tax Block: 0/025
  • Tax Book Number: 4-125-125C
  • Tax Lot: 25
  • Tax Other Annual Assessment Amount: 488

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2024
Sold by
Philpot Richard
Bought by
Mckee Rosemary
Current Estimated Value
$501,562

Purchase Details

Listed on
Dec 17, 2021
Closed on
Jan 25, 2022
Sold by
Sobania Family Trust
Bought by
Philpot Richard and Mckee Rosemary
Seller's Agent
Mark Cline
MARKET CONNECT REALTY LLC
Buyer's Agent
Candyce Gresham
REALTY EXECUTIVES IN THE VILLAGES
List Price
$465,900
Sold Price
$475,000
Premium/Discount to List
$9,100
1.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.42%
Original Mortgage
$235,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2009
Sold by
Sobania Leroy E and Sobania Bonnie J
Bought by
Sobania Leroy E and Sobania Bonnie J

Purchase Details

Closed on
Feb 24, 2005
Sold by
Bedard Patricia L
Bought by
Sobania Leroy E and Sobania Bonnie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,400
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2000
Sold by
Kampschroer Bernard H and Kampschroer Jancie L
Bought by
Bedard Patricia L
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
Mckee Rosemary $100 None Listed On Document
Philpot Richard $475,000 First International Title
Sobania Leroy E -- Attorney
Sobania Leroy E $353,000 --
Bedard Patricia L $207,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Philpot Richard $235,000
Previous Owner Sobania Leroy E $282,400
Previous Owner Beck Dimple Ozella $223,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2022 01/25/22 Sold $475,000 +2.0% $232 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
12/17/2021 12/17/21 For Sale $465,900 -- $227 / 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
2024 $4,499 $350,990 -- --
2023 $4,499 $382,830 $124,200 $258,630
2022 $2,583 $236,960 $0 $0
2021 $2,696 $230,060 $0 $0
2020 $2,753 $226,890 $0 $0
2019 $2,753 $221,790 $0 $0
2018 $2,493 $217,660 $0 $0
2017 $2,511 $213,190 $0 $0
2016 $2,414 $208,810 $0 $0
2015 $2,433 $207,360 $0 $0
2014 $2,476 $205,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Cline

    Seller's Agent in 2022

    Mark Cline

    MARKET CONNECT REALTY LLC

    (407) 697-5497

    1 in this area

    87 Total Sales

    Mark Cline
    Section Image

  • C

    Buyer's Agent in 2022

    Candyce Gresham

    Realty Executives

    (704) 651-5000

    1 in this area

    63 Total Sales

    Candyce Gresham
    Section Image
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Map

Source: Stellar MLS

MLS Number: O5992115

Stellar MLS

APN: D12M025

Florida Sumter County Lady Lake 32159 Village of Palo Alto

1992 Palo Alto Ave, Lady Lake, FL

This home is located at 1992 Palo Alto Ave, Lady Lake, FL 32159 since 17 December 2021 and is currently estimated at $501,562, approximately $244 per square foot. This property was built in 1997. 1992 Palo Alto Ave is a home located in Sumter County with nearby schools including Wildwood Elementary School and Wildwood Middle/High School.

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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