NOT LISTED FOR SALE

230 E Main St Tavares, FL 32778

Estimated Value: $351,733

0.29 Acre
$1,212,872 Price per Acre
12,632 Sq Ft Lot

Last Sold March 13, 2020

Last sale price $280,000

Est. 26% increase in value since last sale

Current estimated payment $2,293/month

371 Days on Market

Highlights

  • Lake View
  • No HOA
  • Heating Available
  • Corner Lot
  • Fenced
  • 3-minute walk to Wooton Park

About This Lot

As of March 2020

Great lot in the heart of downtown Tavares. Tavares is the Lake County seat. This lot is approved for a four story building. The property is across the street from the Tavares train station and Wooton Park with great views of Lake Dora. County courthouse, administration buildings and the seaplane docks are a few blocks up the street. The county pavilion and multiple restaurants are all in the downtown area.

Last Agent to Sell the Property

Peter Hettmann

RE/MAX PREMIER REALTY License #3220584 Listed on: 01/25/2019

RE/MAX PREMIER REALTY

Last Buyer's Agent

Chelsea Herring

LEERDAM PROPERTIES INC. License #3201892

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,143

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 75x170x87x119x22
  • Fenced
  • Corner Lot
  • Irregular Lot
  • Cleared Lot
  • Property is zoned CD

Property Views

  • Chain Of Lake Views

Community Details

  • No Home Owners Association
  • Tavares Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 9
  • Assessor Parcel Number 29-19-26-0100-009-00004

Property Details

Property Type

Land

Est. Annual Taxes

$4,143

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12825
  • Status: Sold
  • Street Direction: E
  • Total Acreage: 1/4 to less than 1/2
  • Ratio: Close Price\List Price: 0.86154
  • Price per Sq Ft: 21.83
  • Close to Original List Price Ratio: 0.86154
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Road Frontage Type: City Street
  • Water Body Name: Lake Dora
  • Waterfront: No
  • Water View: Lake, Lake - Chain of Lakes
  • Water View Y N: Yes
  • Front Footage: 119
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12069C0361E
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electricity Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: CD
  • Parcel Number: 29-19-26-0100-009-00004
  • Additional Parcels: No
  • Current Use: Commercial
  • Fencing: Boundary Fencing
  • Lot Features: Buildable, Central Business District, Cleared, Corner Lot, Curb and Gutters, Irregular Lot, Near Railroad Siding, Stocked Fishing Ponds, Street Lights
  • Lot Dimensions: 75x170x87x119x22
  • Price Per Acre: 965517
  • Flood Zone Code: X
  • Flood Zone Date: 2012-12-18
  • Current Adjacent Use: Commercial, Park
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 4143
  • Tax Block: 9
  • Tax Book Number: 1-64
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2023
Sold by
Cwemtb Llc
Bought by
Magrone Nicholas B and Hayes Edward Robert
Current Estimated Value
$351,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$230,055
Interest Rate
6.35%
Mortgage Type
Seller Take Back
Estimated Equity
$121,678

Purchase Details

Listed on
Jan 25, 2019
Closed on
Mar 11, 2020
Sold by
Palmetto Surety Corp Inc
Bought by
Cwemfb Llc
Seller's Agent
Peter Hettmann
RE/MAX PREMIER REALTY
Buyer's Agent
Chelsea Herring
LEERDAM PROPERTIES INC.
List Price
$325,000
Sold Price
$280,000
Premium/Discount to List
-$45,000
-13.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%

Purchase Details

Closed on
Mar 13, 2017
Sold by
Niche Development Llc
Bought by
Palmetto Surety Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
4.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 2012
Sold by
Magrone Nicholas B and Nicholas B Magrone Family Trus
Bought by
Niche Development Llc and Queen City Properties Holding Company Ll

Purchase Details

Closed on
Feb 9, 2000
Sold by
Magrone Nick
Bought by
Magrone Nicholas B

Purchase Details

Closed on
Nov 1, 1999
Sold by
Johnson Warren R and Johnson Judith J
Bought by
Magrone Nick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.99%

Purchase Details

Closed on
Feb 20, 1997
Sold by
Jones John A
Bought by
Johnson Warren J and Johnson Judith J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Magrone Nicholas B $350,000 None Listed On Document
Magrone Nicholas B $350,000 None Listed On Document
Cwemfb Llc $280,000 None Available
Palmetto Surety Corporation $265,000 Attorney
Niche Development Llc $182,500 Attorney
Magrone Nicholas B -- --
Magrone Nick $320,000 --
Johnson Warren J $43,100 --
Johnson Warren R $43,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magrone Nicholas B $325,000
Closed Magrone Nicholas B $325,000
Previous Owner Palmetto Surety Corporation $265,000
Previous Owner Magrone Nick $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2020 03/13/20 Sold $280,000 -13.8% --
01/31/2020 01/31/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $325,000 +16.1% --
01/26/2020 01/26/20 Off Market $280,000 -- --
03/28/2019 03/28/19 For Sale $325,000 0.0% --
02/11/2019 02/11/19 Pending -- -- --
01/25/2019 01/25/19 For Sale $325,000 -- --
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 $5,378 $275,110 $273,121 $1,989
2025 $5,288 $275,227 $273,121 $2,106
2024 $5,288 $275,227 $273,121 $2,106
2023 $5,288 $275,461 $273,121 $2,340
2022 $4,947 $250,515 $248,292 $2,223
2021 $4,506 $228,294 $0 $0
2020 $4,780 $228,411 $0 $0
2019 $4,435 $208,008 $0 $0
2018 $4,143 $195,300 $0 $0
2017 $3,076 $153,900 $0 $0
2016 $2,773 $128,250 $0 $0
2015 $2,784 $128,250 $0 $0
2014 $2,819 $128,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5011246

Stellar MLS

APN: 29-19-26-0100-009-00004