NOT LISTED FOR SALE

231 Ridgecrest Loop Minneola, FL 34715

Minneola Area

Estimated Value: $341,000 - $503,000

6 Beds
4 Baths
2,512 Sq Ft
$161/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2025

Last sale price $360,000 $143 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,590 / mo

22 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • Lake Minneola High School Rated A-
  • Sliding Doors
  • Ceiling Fan

About This Home

As of April 2025

Duplex Investment Opportunity in Minneola - 231 Ridgecrest Loop Welcome to 231 Ridgecrest Loop, a fantastic duplex investment in the heart of Minneola, Florida! This property offers tremendous potential for investors looking to generate steady rental income. With a spacious layout featuring 3 bedrooms and 2 bathrooms on each side, this property is an excellent opportunity to start or expand your real estate portfolio. Currently, this duplex produces $1,000 per month in rental income per side, making it a consistent and reliable source of cash flow. Whether you're an experienced investor or just starting out, this income-producing property is a great choice. Key Features: 2 Units (3 beds / 2 baths each)
$2,000 in rental income per month
Excellent location in Minneola, with easy access to local amenities, schools, and shopping centers.
Note: The property does require a new roof for insurance purposes, but with the right renovations, it can easily be restored to its full potential. Don’t miss out on this unique opportunity to own a duplex that not only offers great rental income but also provides a chance to add value with a roof replacement. Act quickly—properties like this don’t last long! Contact us today to schedule a viewing or request more details.

Last Agent to Sell the Property

Suabi Ramnarain

FORTUNE REALTY OF CLERMONT Brokerage Phone: 352-429-4621 License #708424 Listed on: 02/17/2025

Last Buyer's Agent

Matthew Wheatley

WHEATLEY REALTY GROUP License #3191795

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,471

Year Built

  • Built in 1994

Lot Details

  • 11,446 Sq Ft Lot
  • Lot Dimensions are 97x118

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,512 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Schools

  • Minneola Elementary School
  • Aurelia Cole Academy Middle School
  • Lake Minneola High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Minneola Ridgecrest Sub Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Operating Expense $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,471

Year Built

Built in 1994

Lot Details

0.26 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 2512
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1994
  • Lease Term: 6-12 Month
  • Lot Size Sq Ft: 11446
  • Tenant Pays: Electricity, Water
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: Clermont
  • Escrow State: FL
  • Escrow Street Name: E HWY 50
  • RATIO Current Price By Calculate: 143.31
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 352-429-4621
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s)
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 233.37

Exterior Features

  • Exterior Features: Lighting, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: None
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Garage Spaces: 1
  • Garage Spaces: 1

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Kitchen
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Minneola Elem
  • High School: Lake Minneola High
  • Middle Or Junior School: Aurelia Cole Academy

Lot Info

  • Zoning: RMF-1
  • Parcel Number: 07-22-26-0250-000-03400
  • Additional Parcels: No
  • Lot Features: City Limits, In County
  • Lot Dimensions: 97x118
  • Flood Zone Code: X

Rental Info

  • Total Actual Rent: 2000
  • Terms Of Lease: Other

Multi Family

  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 4470.97
  • Tax Block: 000
  • Tax Book Number: 27-41
  • Tax Lot: 34

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2025
Closed on
Apr 30, 2025
Sold by
Bought by
Seller's Agent
Suabi Ramnarain
FORTUNE REALTY OF CLERMONT
Buyer's Agent
Matthew Wheatley
WHEATLEY REALTY GROUP
List Price
$450,000
Sold Price
$360,000
Premium/Discount to List
-$90,000
-20%
Views
70
Current Estimated Value
$403,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,782
Avg. Annual Appreciation
9.62%
Original Mortgage
$270,000
Outstanding Balance
$266,572
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$137,210

Purchase Details

Closed on
May 11, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$360,000 None Listed On Document
$120,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $270,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/30/2025 04/30/25 Sold $360,000 -20.0% $143 / Sq Ft
03/11/2025 03/11/25 Pending -- -- --
02/17/2025 02/17/25 For Sale $450,000 -- $179 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,471 $337,155 $73,500 $263,655
2025 $4,242 $312,655 $49,000 $263,655
2024 $4,242 $312,655 $49,000 $263,655
2023 $4,242 $304,239 $49,000 $255,239
2022 $4,075 $304,239 $49,000 $255,239
2021 $3,122 $168,574 $0 $0
2020 $2,827 $142,818 $0 $0
2019 $2,959 $142,818 $0 $0
2018 $2,772 $142,818 $0 $0
2017 $2,488 $119,470 $0 $0
2016 $2,389 $119,470 $0 $0
2015 $2,268 $111,474 $0 $0
2014 $2,016 $91,068 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    Suabi Ramnarain

    FORTUNE REALTY OF CLERMONT

    (352) 429-4621

    4 Total Sales

    Suabi Ramnarain
    Section Image
  • Matthew Wheatley

    Buyer's Agent in 2025

    Matthew Wheatley

    WHEATLEY REALTY GROUP

    (407) 702-8351

    226 Total Sales

    Matthew Wheatley
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: G5092730

Stellar MLS

APN: 07-22-26-0250-000-03400

Florida Lake County Minneola 34715

231 Ridgecrest Loop, Minneola, 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 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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