NOT LISTED FOR SALE

2804 Midsummer Dr Windermere, FL 34786

Estimated Value: $1,407,000 - $2,340,000

2.47 Acres
$798,615 Price per Acre
107,593 Sq Ft Lot

Last Sold January 24, 2024

Last sale price $2,125,000 $825 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $12,598/month

67 Days on Market

Highlights

  • Boathouse
  • 130 Feet of Lake Waterfront
  • Boat Lift
  • Thornebrooke Elementary School Rated A
  • Covered Dock
  • 2.47 Acre Lot

About This Lot

As of January 2024

Here is your chance to build your dream home on Lake Down, one of 12 lakes that make up the Butler Chain of Lakes in Windermere, FL. The lot is approximately 1 acre high and dry and has 130 feet of shoreline. Lake Down Shores is a non/gated neighborhood with mature trees. Watch the sunset every evening and the Disney fireworks from your dock. Easy access to the 408, Florida Turnpike and the 429.

Last Agent to Sell the Property

Patti Merrick

REAL BROKER, LLC Brokerage Phone: 888-883-8509 License #3323138 Listed on: 10/05/2023

REAL BROKER, LLC

Last Buyer's Agent

Brenda Feliciani

CHARLES RUTENBERG REALTY ORLANDO License #3365112

CHARLES RUTENBERG REALTY ORLANDO

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,935

Lot Details

  • 2.47 Acre Lot
  • Lot Dimensions are 136 x 800
  • 130 Feet of Lake Waterfront
  • Lake Front
  • East Facing Home
  • Wooded Lot
  • Property is zoned R-CE

HOA Fees

  • $8 Monthly HOA Fees

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

  • Legal Lot and Block 12 / 4406
  • Assessor Parcel Number 04-23-28-4406-00-120

Community Details

Overview

  • Association fees include common area taxes
  • Debra Kitts Association
  • Lake Down Shores Rep Subdivision

Recreation

  • Access To Lake
  • Access To Chain Of Lakes
  • Seawall
  • Water Skiing Allowed
  • Boat Lift
  • Covered Boat Lift
  • Boathouse
  • Covered Dock
  • Dock made with wood

Property Details

Property Type

Land

Est. Annual Taxes

$7,935

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes
  • Property Type: Land
  • Lot Size Acres: 2.47
  • Lot Size Sq Ft: 107481
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: Orlando
  • Escrow State: FL
  • Escrow Street Name: Dr Phillips Blvd #140
  • RATIO Current Price By Calculate: 19.77
  • Total Acreage: 2 to less than 5
  • Water Access YN: 1
  • AG Exemption YN: 0
  • Attribution Contact: 888-883-8509
  • Tax Year: 2022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: East
  • Road Frontage Type: City Street
  • View: Water
  • Water Body Name: LAKE DOWN
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Lake,Lake - Chain of Lakes
  • Water Extras: Boathouse,Dock - Covered,Dock - Wood,Lift,Lift - Covered,Seawall - Other,Skiing Allowed
  • Water View: Lake,Lake - Chain of Lakes
  • Water View YN: 1
  • Waterfront Feet Total: 130
  • Flood Zone Panel: 12095C0220H
  • Water Frontage Feet Lake: 130
  • Additional Water Information: Butler Chain of Lakes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available
  • Sewer: Public Sewer, Septic Tank
  • Water Source: Canal/Lake For Irrigation, Public

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association Name: Debra Kitts
  • Association: Yes
  • Association 2 YN: 0
  • Association Fee Requirement: Required
  • Association Email: Debra Kitts@me.com

Fee Information

  • Total Annual Fees: 100.00
  • Total Monthly Fees: 8.33
  • Monthly HOA Amount: 8.33

Schools

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

Lot Info

  • Zoning: R-CE
  • Parcel Number: 04-23-28-4406-00-120
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable
  • Lot Dimensions: 136 x 800
  • Flood Zone Code: AE
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 7935
  • Tax Block: 4406
  • Tax Book Number: 4-31
  • Tax Lot: 12

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Jan 24, 2024
Sold by
Zambito Gayle M and Mcmahan Michael J
Bought by
Feldpausch Nolan and Feldpausch Ava
Seller's Agent
Patti Merrick
REAL BROKER, LLC
Buyer's Agent
Brenda Feliciani
CHARLES RUTENBERG REALTY ORLANDO
List Price
$2,400,000
Sold Price
$2,125,000
Premium/Discount to List
-$275,000
-11.46%
Views
54
Current Estimated Value
$1,972,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$152,422
Avg. Annual Appreciation
-3.78%
Original Mortgage
$1,700,000
Outstanding Balance
$1,668,287
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$304,291
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
Feldpausch Nolan $2,125,000 First American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feldpausch Nolan $1,700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2024 01/24/24 Sold $2,125,000 -7.6% $825 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
11/15/2023 11/15/23 Price Changed $2,300,000 -4.2% $893 / Sq Ft
10/05/2023 10/05/23 For Sale $2,400,000 -- $931 / 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 $27,062 $1,778,070 $1,200,000 $578,070
2024 $8,192 $1,623,720 $1,200,000 $423,720
2023 $8,192 $541,194 $0 $0
2022 $7,935 $525,431 $0 $0
2021 $7,829 $510,127 $0 $0
2020 $7,461 $503,084 $0 $0
2019 $7,696 $491,773 $0 $0
2018 $7,638 $482,604 $0 $0
2017 $7,546 $980,514 $700,000 $280,514
2016 $7,520 $974,666 $700,000 $274,666
2015 $7,651 $891,469 $630,000 $261,469
2014 $7,744 $797,553 $600,000 $197,553
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6147360

Stellar MLS

APN: 04-2328-4406-00-120