NOT LISTED FOR SALE

23627 Franklin Ave Sorrento, FL 32776

Estimated Value: $288,000 - $442,000

3 Beds
2 Baths
1,888 Sq Ft
$182/Sq Ft Est. Value

Last Sold February 05, 2013

Last sale price $48,000 $25 Per Sq Ft

Est. 618% increase in value since last sale

Current estimated payment $1,936/month

54 Days on Market

Highlights

  • 1.55 Acre Lot
  • Florida Architecture
  • Covered Patio or Porch
  • Deck
  • No HOA
  • Oversized Lot

About This Home

As of February 2013

BANK-OWNED property located away from nosey neighbors in Sorrento. Property is approximately 1.5 acres but house is in need of complete remodeling. Agent cannot verify if home is habitable or repairable. Value is in the land. This one is priced for a quick CASH sale.

Last Agent to Sell the Property

Lisa Carter

ERA GRIZZARD REAL ESTATE License #3172866 Listed on: 12/12/2012

ERA GRIZZARD REAL ESTATE

Last Buyer's Agent

Tracey Borst

DIVERSIFIED REALTY HOLDINGS License #598833

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 1.55 Acre Lot
  • Lot Dimensions are 323.0x209.0
  • Oversized Lot

Home Design

  • Florida Architecture
  • Fixer Upper
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,888 Sq Ft Home
  • Carpet
  • Crawl Space

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

  • Round Lake Elementary School
  • Mount Dora Middle School
  • Mount Dora High School

Utilities

  • No Cooling
  • Heating Available
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sorrento Main Division Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 1888
  • Lot Size Acres: 1.55
  • New Construction: No
  • Year Built: 1928
  • Building Area Total: 2048
  • Lot Size Sq Ft: 67507
  • Directions to Property: From the Mount Dora area, follow SR 46 toward Sorrento. Turn Right onto Orange and follow to end. Orange then curves Left & turns into Franklin. House sits on the Left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G4689787&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G4689787&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Home Warranty Y N: No
  • Subdivision Num: 0400
  • Ratio: Close Price\List Price: 0.96
  • Price per Sq Ft: 25.42
  • Close to Original List Price Ratio: 0.96
  • Ratio: Current Price\Building Area Total: 23.44
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: 4116

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Interior Amenities: Walk-In Closet(s)
  • Appliances Included: None
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Street Number Modifier: 23627
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s)
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: None
  • Heating: Electric
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Round Lake Elem
  • High School: Mount Dora High
  • Middle Or Junior School: Mount Dora Middle

Lot Info

  • Parcel Number: 25-19-27-040001900000
  • Additional Parcels: No
  • Lot Features: In County, Oversized Lot
  • Lot Dimensions: 323.0X209.0
  • Millage Rate: 15.03
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2013-02-05T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 2451
  • Tax Block: 019
  • Tax Book Number: 0001/0032
  • Tax Lot: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2016
Sold by
Bridgewell Capital Llc
Bought by
Otenberger Debby L and Sewell Jeremy
Current Estimated Value
$344,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,948
Outstanding Balance
$132,895
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$211,635

Purchase Details

Closed on
Mar 1, 2016
Bought by
Otenberger Debby L

Purchase Details

Closed on
Apr 2, 2015
Sold by
T & J Homes Llc
Bought by
Bridgewell Capital Llc

Purchase Details

Listed on
Dec 12, 2012
Closed on
Jan 24, 2013
Sold by
Wells Fargo Bank N A
Bought by
Moore Jon and Trust No Franklin Ii
Seller's Agent
Lisa Carter
ERA GRIZZARD REAL ESTATE
Buyer's Agent
Tracey Borst
DIVERSIFIED REALTY HOLDINGS
List Price
$50,000
Sold Price
$48,000
Premium/Discount to List
-$2,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.75%

Purchase Details

Closed on
Apr 26, 2005
Sold by
Weed Tillman V and Weed Paula Ferris
Bought by
Raines Joshua L and Raines Jenny K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
9.05%
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
Otenberger Debby L $162,900 Attorney
Otenberger Debby L -- --
Bridgewell Capital Llc -- None Available
Bridgewell Capital Llc -- Attorney
Moore Jon $48,000 Genesis Title Company
Raines Joshua L $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otenberger Debby L $159,948
Previous Owner Raines Joshua L $207,000
Closed Raines Joshua L $11,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2013 02/05/13 Sold $48,000 -4.0% $25 / Sq Ft
02/04/2013 02/04/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $50,000 0.0% $26 / Sq Ft
01/11/2013 01/11/13 Pending -- -- --
12/11/2012 12/11/12 For Sale $50,000 -- $26 / 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 $1,547 $117,960 -- --
2024 $1,547 $117,960 -- --
2023 $1,547 $111,200 $0 $0
2022 $1,362 $107,970 $0 $0
2021 $1,316 $104,826 $0 $0
2020 $1,363 $103,379 $0 $0
2019 $1,342 $101,055 $0 $0
2018 $1,274 $99,171 $0 $0
2017 $1,213 $97,132 $0 $0
2016 $1,685 $88,257 $0 $0
2015 $1,634 $81,990 $0 $0
2014 $1,628 $80,462 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lisa Carter

    ERA GRIZZARD REAL ESTATE

    (352) 217-7964

    50 Total Sales

    Lisa Carter
    Section Image

  • T

    Buyer's Agent in 2013

    Tracey Borst

    DIVERSIFIED REALTY HOLDINGS

    Section Image
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Map

Source: Stellar MLS

MLS Number: G4689787

Stellar MLS

APN: 25-19-27-0400-019-00002

Florida Lake County Sorrento 32776

23627 Franklin Ave, Sorrento, 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 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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