NOT LISTED FOR SALE

2307 Spring Lake Rd Fruitland Park, FL 34731

Estimated Value: $679,000 - $1,028,473

14.27 Acres
$63,361 Price per Acre
621,601 Sq Ft Lot

Last Sold June 17, 2022

Last sale price $1,000,000 $338 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $5,829/month

66 Days on Market

Highlights

  • 540 Feet of Waterfront
  • 14.27 Acre Lot
  • High Speed Internet
  • Lake View
  • No HOA
  • Level Lot

About This Lot

As of June 2022

14.27+/- Acres with 540+/- FT of Lake Frontage on Lake Geneva a spring fed 47.81 acre lake. Located within the City of Fruitland Park between the Villages, Lady Lake & Wildwood - Property has an expired PUD for 110 Residential Units. FLU is SFMD (4 du/acre) & MFHD (15 du/acre). Multiple Opportunities to develop, hold or build a beautiful lake front family estate or compound. Situated between two award winning Hospitals (UF Health at The Villages & Leesburg ) the site offers privacy and convenience while just a short drive to Florida's Turnpike, I-75, US Hwy's 441, 27 & 301. Located in the heart of Central Florida & one hour from Orlando site offers many opportunities for developers!

Last Agent to Sell the Property

Scott Strem

MORRIS REALTY AND INVESTMENTS License #3106245 Listed on: 12/05/2021

Last Buyer's Agent

Dean Price

GLOBAL REALTY COMPANY LLC License #3442571

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,202

Lot Details

  • 14.27 Acre Lot
  • 540 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Property is zoned PUD

Utilities

  • Well
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Lake Views
  • City Lot

Listing and Financial Details

  • Tax Lot 03000
  • Assessor Parcel Number 33-18-24-000300003000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$7,202

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 14.27
  • Lot Size Sq Ft: 621601
  • Directions to Property: From Leesburg go North on US Hwy 27 / 441 to Fruitland Park, turn left on to Spring Lake Road, go 1/2 mile, property will be on right.
  • Status: Sold
  • Total Acreage: 10 to less than 20
  • Subdivision Num: 0003
  • Ratio: Close Price\List Price: 0.8
  • Price per Sq Ft: 1.61
  • Close to Original List Price Ratio: 1.00503
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 2307

Exterior Features

  • Water Body Name: Lake Geneva
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Lake
  • Water View Y N: Yes
  • Front Footage: 276
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 540
  • Water Frontage Feet Lake: 540
  • Additional Water Information: 47.81 Acre Spring Fed Lake

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Nearby, Water Available
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: PUD
  • Parcel Number: 33-18-24-000300003000
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: City Lot, Level
  • Lot Dimensions: 14.27 Acres
  • Price Per Acre: 70077
  • Flood Zone Code: X
  • Current Adjacent Use: Multi-Family, Residential

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 7201.89
  • Tax Block: 000
  • Tax Book Number: 3139/542
  • Tax Lot: 03000

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2021
Closed on
Jun 7, 2022
Sold by
Jonathan Penner
Bought by
Watervue At Lake Geneva Investment Partners L
Seller's Agent
Scott Strem
MORRIS REALTY AND INVESTMENTS
Buyer's Agent
Dean Price
GLOBAL REALTY COMPANY LLC
List Price
$995,000
Sold Price
$1,000,000
Premium/Discount to List
$5,000
0.5%
Current Estimated Value
$904,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,842
Avg. Annual Appreciation
-2.95%

Purchase Details

Closed on
Apr 17, 2006
Sold by
Ezell Shirley C
Bought by
Penner Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Watervue At Lake Geneva Investment Partners L $1,000,000 None Listed On Document
Penner Jonathan $1,025,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penner Jonathan $820,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2022 06/17/22 Sold $1,000,000 -20.0% $338 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
01/06/2022 01/06/22 Price Changed $1,250,000 -16.7% $422 / Sq Ft
12/22/2021 12/22/21 Price Changed $1,500,000 +50.8% $507 / Sq Ft
12/03/2021 12/03/21 For Sale $995,000 -- $336 / 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 $13,055 $618,822 $618,822 --
2024 $13,055 $618,822 $618,822 --
2023 $13,055 $748,166 $544,572 $203,594
2022 $8,689 $557,591 $353,997 $203,594
2021 $7,202 $396,065 $251,495 $144,570
2020 $7,486 $396,065 $0 $0
2019 $7,587 $394,923 $0 $0
2018 $7,505 $394,923 $0 $0
2017 $7,492 $395,870 $0 $0
2016 $7,181 $395,870 $0 $0
2015 $7,632 $392,997 $0 $0
2014 $7,637 $390,384 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Strem

    Seller's Agent in 2022

    Scott Strem

    MORRIS REALTY AND INVESTMENTS

    (352) 978-3428

    11 in this area

    42 Total Sales

    Scott Strem
    Section Image

  • D

    Buyer's Agent in 2022

    Dean Price

    GLOBAL REALTY COMPANY LLC

    (407) 741-8510

    1 in this area

    6 Total Sales

    Dean Price
    Section Image
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Map

Source: Stellar MLS

MLS Number: G5049485

Stellar MLS

APN: 33-18-24-0003-000-03000

Florida Lake County Fruitland Park 34731

2307 Spring Lake Rd, Fruitland Park, FL

This home is located at 2307 Spring Lake Rd, Fruitland Park, FL 34731 since 05 December 2021 and is currently estimated at $904,158, approximately $305 per square foot. 2307 Spring Lake Rd is a home located in Lake County with nearby schools including Fruitland Park Elementary School, Carver Middle School, and Leesburg 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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