NOT LISTED FOR SALE

2740 Midsummer Dr Windermere, FL 34786

Estimated Value: $908,000 - $5,536,287

2.63 Acres
$1,276,716 Price per Acre
114,563 Sq Ft Lot

Last Sold October 31, 2018

Last sale price $1,425,000 $559 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $21,632/month

4 Days on Market

Highlights

  • 144 Feet of Chain of Lakes Waterfront
  • Boat Ramp
  • Oak Trees
  • Thornebrooke Elementary School Rated A
  • Covered Dock
  • Chain Of Lake Views

About This Lot

As of October 2018

NEVER offered before...once in a lifetime opportunity to own something truly unique. Spectacular nightly picture perfect sunsets and Disney fireworks plus year-round outdoor Florida lakefront living and approximately 150’ of crystal clear shoreline sitting on approximately 1 acre high and dry on Lake Down make this property the ideal location for building the custom home of your dreams! No need to look any further than at this hidden gem perfectly wrapped in mature landscaping nestled in the highly sought out storybook like streets of Lake Down Shores. The property boasts a retaining wall that emphasizes the sugar sand lake bottom that leads to your own private boat dock. Lake Down is one of 11 connected lakes of the famed Butler Chain of lakes in Windermere known for its great quality of life and community lifestyle. like a scene from old time past, the town takes on more vibrancy during the weekly Farmer’s Market and the various seasonal events. The community offers a boat ramp, is zoned in sought after “A” rated schools, and is conveniently located near golf, world-renowned shopping, fine dining, major roadways, and the local area attractions. Be the fortunate one to own this trophy property as it will not last. Call today to set up your private showing!

Last Agent to Sell the Property

Julie Bettosini

STOCKWORTH REALTY GROUP License #701035 Listed on: 08/31/2018

Last Buyer's Agent

Christopher Christensen

ONE LUXURY INTERNATIONAL LLC License #3189396

ONE LUXURY INTERNATIONAL LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,200

Lot Details

  • 2.63 Acre Lot
  • Lot Dimensions are 915.34x145.52x849.59x130.67
  • 144 Feet of Chain of Lakes Waterfront
  • Lake Front
  • Unincorporated Location
  • East Facing Home
  • Mature Landscaping
  • Oak Trees
  • Wooded Lot
  • Property is zoned R-CE/RURAL COUNTRY ESTATE

Property Views

  • Chain Of Lake Views

Schools

  • Thornebrooke Elementary School
  • Gotha Middle School
  • Olympia High School

Utilities

  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 130
  • Assessor Parcel Number 04 23 28 4406 00 130

Community Details

Overview

  • No Home Owners Association
  • Lake Down Shores Rep Subdivision

Recreation

  • Boat Ramp
  • Access To Chain Of Lakes
  • Covered Dock
  • Dock made with wood

Property Details

Property Type

Land

Est. Annual Taxes

$7,200

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 2.63
  • Lot Size Sq Ft: 114750
  • Status: Sold
  • Ownership: Fee Simple
  • RATIO Current Price By Calculate: 12.42
  • Total Acreage: Two + to Five Acres
  • Water Access YN: 1
  • Tax Year: 2017
  • Special Features: None

Exterior Features

  • Direction Faces: East
  • Road Frontage Type: City Street
  • Water Body Name: LAKE DOWN
  • Waterfront: Yes
  • Disclosures: Land Sales Disclosure
  • Water Access: Lake - Chain of Lakes
  • Water Extras: Dock - Covered,Dock - Wood
  • Water View: Lake - Chain of Lakes
  • Water View YN: 1
  • Waterfront Feet Total: 144
  • Water Frontage Feet Lake Chain: 144

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Street Lights, Water Available
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Ramp
  • Association: No
  • Pet Restrictions: Per zoning
  • Association Fee Requirement: None

Schools

  • Elementary School: Thornebrooke Elem
  • High School: Olympia High
  • Middle Or Junior School: Gotha Middle

Lot Info

  • Zoning: R-CE/RURAL COUNTRY ESTATE
  • Parcel Number: 04 23 28 4406 00 130
  • Additional Parcels: No
  • Lot Features: Buildable, Room For Pool, Paved, Unincorporated
  • Lot Dimensions: 915.34x145.52x849.59x130.67
  • Flood Zone Code: x

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 7200
  • Tax Block: 00
  • Tax Book Number: 4/31
  • Tax Lot: 130

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2019
Sold by
Harbco Llc
Bought by
Harb Atef T and Harb Suzane
Current Estimated Value
$3,357,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,495,000
Outstanding Balance
$1,324,778
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$2,032,984

Purchase Details

Listed on
Aug 31, 2018
Closed on
Oct 30, 2018
Sold by
Cardwell Joseph T
Bought by
Harbco Llc
Seller's Agent
Julie Bettosini
STOCKWORTH REALTY GROUP
Buyer's Agent
Christopher Christensen
ONE LUXURY INTERNATIONAL LLC
List Price
$1,495,000
Sold Price
$1,425,000
Premium/Discount to List
-$70,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.70%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Harb Atef T $203,000 Attorney
Harbco Llc $1,425,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harb Atef T $1,495,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2019 01/31/19 Off Market $1,425,000 -- --
10/31/2018 10/31/18 Sold $1,425,000 0.0% $559 / Sq Ft
09/04/2018 09/04/18 Off Market $1,425,000 -- --
09/03/2018 09/03/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $1,495,000 -- $586 / 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 $48,484 $3,152,630 -- --
2024 $45,224 $3,063,780 -- --
2023 $45,224 $2,890,713 $0 $0
2022 $43,289 $2,762,708 $1,000,000 $1,762,708
2021 $15,451 $952,500 $950,000 $2,500
2020 $13,522 $852,500 $850,000 $2,500
2019 $14,295 $852,500 $850,000 $2,500
2018 $7,290 $461,734 $0 $0
2017 $7,201 $975,918 $700,000 $275,918
2016 $7,174 $968,081 $700,000 $268,081
2015 $7,299 $884,658 $630,000 $254,658
2014 $7,389 $798,668 $600,000 $198,668
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5730922

Stellar MLS

APN: 04-2328-4406-00-130