NOT LISTED FOR SALE

2031 Arbor Way Mount Dora, FL 32757

Estimated Value: $309,000 - $394,000

3 Beds
2 Baths
1,722 Sq Ft
$206/Sq Ft Est. Value

Last Sold March 20, 2013

Last sale price $115,000 $67 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $2,205/month

112 Days on Market

Highlights

  • Access To Lake
  • Open Floorplan
  • Great Room
  • Screened Pool
  • High Ceiling
  • Enclosed Patio or Porch

About This Home

As of March 2013

Walk to Historic Downtown Mt. Dora! This spacious 2 bedroom, 2 bath villa is located on an over sized lot (6,187 Square Feet) with a sparkling pool. Spacious rooms and in immaculate condition with custom accents and beautiful tile throughout. Your buyers will not be disappointed, all they need to move in is appliances. Not a short sale, price is real, expect quick response to offers. PLEASE NOTE BUYER TO PAY SELLER DOC STAMPS AS PART OF CLOSING COSTS, THIS IS NOT NEGOTIABLE.. OWNER OCCUPANTS MAY BE ELIGIBLE FOR A $500 Seller Contribution to a home warranty, you must ask for it in your offer. This home is sold as-is with attached sample addenda for review, price takes condition into account so seller will make no repairs. $2500 earnest deposit, 10% if cash deal, required upon acceptance. Because the bank doesn't know anything about it's condition, there are no seller's disclosures, but you're invited to get a home inspection. If exact square footage is a concern, the property should be independently measured. Buyer to independently verify all condo and HOA association info and fees. Seller does not pay more than 3.5% concessions

Last Agent to Sell the Property

Mitch Finn

License #3087555 Listed on: 09/27/2012

Last Buyer's Agent

Larry Pierce

WATSON REALTY CORP License #673150

WATSON REALTY CORP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,578

Year Built

  • Built in 1995

Lot Details

  • 6,187 Sq Ft Lot

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Villa
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,722 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Great Room
  • Ceramic Tile Flooring
  • Eat-In Kitchen
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Pool

  • Screened Pool
  • Private Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Access To Lake
  • Access To Chain Of Lakes
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Community Details

  • Vineyards Ph 2 The Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,578

Year Built

Built in 1995

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1722
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1995
  • Building Area Total: 2496
  • Lot Size Sq Ft: 6187
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 66.78
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Tax Year: 2011
  • Special Features: 5120

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Eat-in Kitchen, High Ceilings, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Electric Water Heater
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room

Exterior Features

  • Pool Features: Screen Enclosure
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • Water Body Name: LAKE DORA
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Screened
  • Water Access: Lake,Lake - Chain of Lakes
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Private, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside

Condo/Co-op/Association

  • Association Fee: 1500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1500.00
  • Total Monthly Fees: 125.00

Lot Info

  • Parcel Number: 25 19 26 1255 000 021A0
  • Additional Parcels: No
  • Lot Features: In County
  • Future Land Use: 0100

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2013-03-20T00:00:00.000

Tax Info

  • Tax Annual Amount: 2578
  • Tax Block: 000
  • Tax Book Number: 0043/0007
  • Tax Lot: 021A0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2015
Sold by
Gonzalez Katrina
Bought by
Light Michael Forrest
Current Estimated Value
$354,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,907
Outstanding Balance
$142,193
Interest Rate
3.79%
Mortgage Type
VA
Estimated Equity
$211,903

Purchase Details

Listed on
Sep 27, 2012
Closed on
Mar 20, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gonzalez Katrina M
Seller's Agent
Mitch Finn
Buyer's Agent
Larry Pierce
WATSON REALTY CORP
List Price
$139,000
Sold Price
$115,000
Premium/Discount to List
-$24,000
-17.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%

Purchase Details

Closed on
Jul 26, 2012
Sold by
Bank Of America N A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 16, 2012
Sold by
Thomas John R and Thomas Dianne D
Bought by
Bank Of America N A

Purchase Details

Closed on
Jul 3, 2012
Sold by
Thomas John R and Thomas Dianne D
Bought by
Bank Of America N A

Purchase Details

Closed on
Dec 4, 2006
Sold by
Krech Cassie N and Krech Cassie Naomi
Bought by
Thomas John R and Thomas Dianne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2003
Sold by
Wolcott Cassie N
Bought by
Wolcott Cassie N and Krech Alvin William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
5.93%

Purchase Details

Closed on
Sep 25, 2003
Sold by
Wolcott Cassie N and Krech Alvin
Bought by
Wolcott Cassie N and Krech Alvin William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
5.93%

Purchase Details

Closed on
Apr 3, 2002
Sold by
Dagnall Thomas P and Dagnall Theresa M
Bought by
Krech Alvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,050
Interest Rate
7.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Light Michael Forrest $179,000 None Available
Gonzalez Katrina M $115,000 Ras Title Llc
Federal Home Loan Mortgage Corporation -- Ras Title Llc
Bank Of America N A -- None Available
Bank Of America N A -- Attorney
Thomas John R $262,500 Attorney
Wolcott Cassie N -- --
Wolcott Cassie N $146,600 --
Krech Alvin $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Light Michael Forrest $184,907
Previous Owner Thomas John R $210,000
Previous Owner Wolcott Cassie N $78,000
Previous Owner Krech Alvin $151,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2014 08/17/14 Off Market $115,000 -- --
03/20/2013 03/20/13 Sold $115,000 -3.4% $67 / Sq Ft
01/18/2013 01/18/13 Pending -- -- --
01/01/2013 01/01/13 Price Changed $119,000 -14.4% $69 / Sq Ft
09/27/2012 09/27/12 For Sale $139,000 -- $81 / 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
2026 $2,754 $186,980 -- --
2025 $2,597 $181,880 -- --
2024 $2,597 $181,880 -- --
2023 $2,597 $171,450 $0 $0
2022 $2,555 $166,460 $0 $0
2021 $2,461 $161,617 $0 $0
2020 $2,544 $159,386 $0 $0
2019 $2,536 $155,803 $0 $0
2018 $2,446 $152,898 $0 $0
2017 $2,227 $149,754 $0 $0
2016 $2,170 $146,674 $0 $0
2015 $3,033 $144,233 $0 $0
2014 -- $143,002 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5122518

Stellar MLS

APN: 25-19-26-1255-000-021A0