NOT LISTED FOR SALE

340 N Summit Ave Lake Helen, FL 32744

Estimated Value: $179,000 - $235,000

2 Beds
1 Bath
640 Sq Ft
$332/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $86,000 $134 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $1,418/month

197 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • East Facing Home
  • Corner Lot
  • Shed
  • Wood Siding

About This Home

As of July 2021

Investor alert! 1930's Bungalow on approx. 0.38 acre corner lot in Lake Helen. Home needs a complete renovation and has been taken down to the studs but there's a ton of potential in this blank slate! Located in the "Gateway Overlay" and zoned SFR3. Listing is for the home on a +/- 0.38 acre lot. Seller is in the process of splitting the entire parcel into two separate +/- 0.38 acre parcels to sell separately. Buyer has the option to purchase both parcels and have an oversized 0.76 acre corner lot. Contact your agent for a showing.

Last Agent to Sell the Property

Danielle Hagstrom

CHARLES RUTENBERG REALTY ORLANDO License #3247781 Listed on: 12/10/2020

CHARLES RUTENBERG REALTY ORLANDO

Last Buyer's Agent

William Chase

WILLIAM CHASE REAL ESTATE License #3374905

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,250

Year Built

  • Built in 1935

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 230x145
  • East Facing Home
  • Corner Lot
  • Property is zoned SFR3

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Pile Dwellings

Interior Spaces

  • 640 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Volusia Pines Elementary School
  • Deland Middle School
  • Deland High School

Utilities

  • No Cooling
  • No Heating
  • Septic Tank

Additional Features

  • Shed
  • City Lot

Community Details

  • No Home Owners Association
  • Jennings Lake Helen Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,250

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: No
  • Living Area: 640
  • Lot Size Acres: 0.76
  • New Construction: No
  • Year Built: 1935
  • Lot Size Sq Ft: 16675
  • Directions to Property: East on I-4, take Exit 116 towards Lake Helen, continue on Main St, turn left on N Summit Ave, property will be down on the left. See sign.
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/V4916707?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/V4916707?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95556
  • Price per Sq Ft: 134.38
  • Close to Original List Price Ratio: 0.57372
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Full Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: None
  • Foundation Details: Crawlspace, Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 340
  • Room Count: 4

Exterior Features

  • Direction Faces: East
  • Other Structures: Shed(s)
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Available, Water Connected
  • Cooling: None
  • Heating: None
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Volusia Pines Elem
  • High School: Deland High
  • Middle Or Junior School: Deland Middle

Lot Info

  • Zoning: SFR3
  • Parcel Number: 25-17-30-06-00-0130
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Lot
  • Lot Dimensions: 230x145
  • Flood Zone Code: x
  • Flood Zone Date: 2017-09-29

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1249.57
  • Tax Block: 00
  • Tax Book Number: 9-65
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2022
Sold by
Cz Development Of Lk Helen Llc
Bought by
New John M
Current Estimated Value
$214,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Outstanding Balance
$209,604
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$9,011

Purchase Details

Listed on
Dec 10, 2020
Closed on
Jul 13, 2021
Sold by
Loya Robert and Loya Paula
Bought by
Cz Development Of Lk Helen Llca
Seller's Agent
Danielle Hagstrom
CHARLES RUTENBERG REALTY ORLANDO
Buyer's Agent
William Chase
WILLIAM CHASE REAL ESTATE
List Price
$129,000
Sold Price
$86,000
Premium/Discount to List
-$43,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.76%

Purchase Details

Closed on
Feb 22, 2007
Sold by
Troy Danielle and Troy Anthony
Bought by
Loya Robert and Loya Paula

Purchase Details

Closed on
Sep 21, 2006
Sold by
Stanton Sue Allard
Bought by
Troy Danielle and Troy Anthony

Purchase Details

Closed on
Mar 10, 2000
Sold by
Craft Kelly Robert and Craft Karen Lamarr
Bought by
Allard Judith

Purchase Details

Closed on
Feb 15, 1984
Bought by
Loya Robert and Loya Paula
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
New John M $225,000 Landcastle Title
Cz Development Of Lk Helen Llca $86,000 Near North Title Group
Loya Robert $140,000 Volusia Title Services
Troy Danielle $80,600 Watson Title Services Inc
Allard Judith $37,000 --
Loya Robert $13,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New John M $220,924
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $86,000 -4.4% $134 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/10/2021 06/10/21 Price Changed $90,000 -30.2% $141 / Sq Ft
02/11/2021 02/11/21 Price Changed $129,000 0.0% $202 / Sq Ft
02/11/2021 02/11/21 For Sale $129,000 -13.9% $202 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
12/10/2020 12/10/20 For Sale $149,900 -- $234 / 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 $2,901 $165,085 -- --
2024 $2,901 $160,433 -- --
2023 $2,901 $155,761 $47,773 $107,988
2022 $3,266 $139,539 $35,287 $104,252
2021 $1,017 $27,988 $18,150 $9,838
2020 $1,250 $39,115 $30,492 $8,623
2019 $1,260 $42,193 $33,330 $8,863
2018 $1,163 $31,651 $23,331 $8,320
2017 $1,103 $30,135 $23,397 $6,738
2016 $949 $23,211 $0 $0
2015 $856 $22,221 $0 $0
2014 $946 $25,173 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: V4916707

Stellar MLS

APN: 7025-06-00-0130