NOT LISTED FOR SALE

243 Ridgecrest Loop Minneola, FL 34715

Estimated Value: $379,967 - $476,000

6 Beds
4 Baths
2,130 Sq Ft
$210/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $475,000 $223 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,726/month

5 Days on Market

Highlights

  • No HOA
  • Family Room Off Kitchen
  • Courtyard
  • Lake Minneola High School Rated A-
  • 1 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of March 2023

Ready to add to your investment portfolio? Consider this Duplex in an established neighborhood with 3 bedrooms and two bathrooms in each unit. In the past year there has been a new roof, new drain field, new kitchen appliances and all four bathrooms redone with shower/tub enclosures, vanities and toilets. There are new light fixtures, ceiling fans and new paint throughout. Each unit has a screened patio and the backyard is completely fenced in. The property is in the city of Minneola which has grown and offers a new turnpike, restaurants, breweries, walking trails, splash pad and many new amenities. With so few investment properties in Lake County this could be just what you have been looking for.

Last Agent to Sell the Property

Jeannine Ryan

HOMES AND HEART REALTY, LLC License #3355564 Listed on: 02/08/2023

Last Buyer's Agent

Tyler Gibson

LPT REALTY, LLC License #3454664

LPT REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,947

Year Built

  • Built in 1990

Lot Details

  • 0.27 Acre Lot
  • Fenced

Parking

  • 1 Car Attached Garage
  • Ground Level Parking
  • Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,130 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Family Room Off Kitchen
  • Walk-Up Access
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Courtyard

Schools

  • Minneola Elementary School
  • East Ridge Middle School
  • Lake Minneola High School

Utilities

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

Community Details

  • No Home Owners Association
  • Minneola Ridgecrest Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,947

Year Built

Built in 1990

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 2130
  • Lot Size Acres: 0.27
  • New Construction: No
  • Year Built: 1990
  • Lot Size Sq Ft: 11550
  • Number Of Lots: 1
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Directions to Property: From US 27 N turn right onto W. Minneola St. go 600 ft and turn left into Ridgecrest Loop. Destination is on your right.
  • Status: Sold
  • Ownership: Fee Simple
  • Available for Lease YN: 0
  • Escrow City: Clermont
  • Escrow Postal Code: 34711
  • Escrow State: FL
  • Escrow Street Name: Highland Ave
  • Escrow Street Number: 180
  • List Office Head Office Key Nume: 537561656
  • RATIO Current Price By Calculate: 223.00
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: Walk-Up
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Window Features: Aluminum Frames, Blinds
  • Street Number Modifier: 243
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 197.88

Exterior Features

  • Exterior Features: Courtyard, Fence, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2012-12-18
  • Flood Zone Panel: 12069C0580E

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Ground Level, Off Street
  • Garage Spaces: 1
  • Garage Spaces: 1

Utilities

  • Utilities: Cable Available, Electricity Available, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Cable,Electric,Internet,Sewer,Trash,Water

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • 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: East Ridge Middle

Lot Info

  • Zoning: RMF-1
  • Parcel Number: 07-22-26-0250-000-02500
  • Additional Parcels: No
  • Flood Zone Code: A
  • Lot Size Square Meters: 1073

Green Features

  • Green Verification Count: 0

Multi Family

  • Number Of Units Total: 1
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 3947
  • Tax Block: 000
  • Tax Book Number: 27-41
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Mar 28, 2023
Sold by
Flood Patricia M
Bought by
Farnworth Joseph and Farnworth Stephanie
Seller's Agent
Jeannine Ryan
HOMES AND HEART REALTY, LLC
Buyer's Agent
Tyler Gibson
LPT REALTY, LLC
List Price
$475,000
Sold Price
$475,000
Views
110
Current Estimated Value
$447,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,258
Avg. Annual Appreciation
-2.31%
Original Mortgage
$466,396
Outstanding Balance
$459,691
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
-$11,949

Purchase Details

Closed on
Apr 16, 2019
Sold by
Hartzog Family Partnership
Bought by
Flood Patricia M

Purchase Details

Closed on
Jul 25, 2014
Sold by
Mack Charles R and Mack Donna R
Bought by
Hartzog Family Partnership

Purchase Details

Closed on
Apr 25, 1997
Sold by
Judystroshein Shelley
Bought by
Mack Charles R and Mack Donna R

Purchase Details

Closed on
Jan 24, 1996
Sold by
Judy Carole A
Bought by
Judystroshein Shelley
Source: Public Records

Range of Values:

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Average Value
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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
Farnworth Joseph $475,000 Landcastle Title
Flood Patricia M -- Attorney
Hartzog Family Partnership $135,000 Homeland Title Services Inc
Mack Charles R $101,500 --
Judystroshein Shelley $49,100 --
Judy Carole A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farnworth Joseph $466,396
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2023 03/30/23 Sold $475,000 0.0% $223 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $475,000 -- $223 / 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 $4,112 $296,576 $49,000 $247,576
2024 $4,112 $296,576 $49,000 $247,576
2023 $4,112 $289,142 $49,000 $240,142
2022 $3,947 $289,142 $49,000 $240,142
2021 $3,073 $165,715 $0 $0
2020 $2,783 $140,491 $0 $0
2019 $2,913 $140,491 $0 $0
2018 $2,751 $140,491 $0 $0
2017 $2,478 $118,990 $0 $0
2016 $2,502 $118,990 $0 $0
2015 $2,429 $111,912 $0 $0
2014 $2,023 $91,431 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6084151

Stellar MLS

APN: 07-22-26-0250-000-02500