NOT LISTED FOR SALE

407 Summer Place Loop Clermont, FL 34714

Estimated Value: $464,313 - $512,000

5 Beds
3.5 Baths
2,928 Sq Ft
$167/Sq Ft Est. Value

Last Sold April 04, 2018

Last sale price $245,000 $84 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $3,278/month

2 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Spanish Architecture
  • Screened Pool
  • Deck
  • Furnished

About This Home

As of April 2018

GREAT INVESTMENT/GREAT LOCATION: Currently used exclusively by the owner as a vacation home this fully furnished, turnkey ready, 2 story 5 bedroom/3.5 bathroom home set on the sought after High Grove gated community is a great investment for a vacation rental home and the calendar can be filled quickly with the current management company. Situated at the Hwy 27/Hwy 192 intersection - approximately 6 miles from the Disney area, and with easy access to I-4 and major routes to Universal Studios and Orlando's wide range of attractions, as well as the beaches on both the Gulf and Atlantic coasts all help to create a great investment property.

The airy living/dining room and the family room both open onto the attractive pool area. The bedrooms are located upstairs - the master bedroom en-suite has tub, separate shower and dual basins.

The pool area has a lanai, attractive block paving and a pool with spa. It is quite private, looking onto the grassy area with a fence running a long the back of the property.

High Grove offers a variety of amenities including a clubhouse with fitness center,communal pool,spa,mini golf and playground. There is a restaurant/bar just outside the community while Cagan Crossing and a range of supermarkets, shopping plazas and restaurants are all close by.

Last Agent to Sell the Property

Linda Sanders

CHAMPION HOMES License #3240099 Listed on: 02/17/2018

Last Buyer's Agent

Giovanni Sanginesi

REAL BROKER, LLC License #3346121

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,445

Year Built

  • Built in 2004

Lot Details

  • 8,081 Sq Ft Lot
  • Mature Landscaping
  • Irrigation
  • Property is zoned PUD

HOA Fees

  • $227 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Spanish Architecture
  • Bi-Level Home
  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,928 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Fence Around Pool
  • Pool Alarm
  • Pool Lighting

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting

Schools

  • Sawgrass Bay Elementary School
  • Windy Hill Middle School
  • East Ridge High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include ground maintenance, recreational facilities
  • High Grove Unit 01 Lt 01 Pb 50 Pg 19 20 Subdivision
  • The community has rules related to deed restrictions
  • Planned Unit Development

Recreation

  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,445

Year Built

Built in 2004

Lot Details

0

HOA Fees

$227 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Grounds, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 2928
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 3502
  • Lot Size Sq Ft: 8081
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5563440&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5563440&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.98
  • Price per Sq Ft: 83.67
  • Close to Original List Price Ratio: 0.98
  • Ratio: Current Price\Building Area Total: 69.96
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds
  • Room Count: 9
  • Additional Rooms: Family Room, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Gunite, Heated, In Ground, Lighting, Pool Alarm, Screen Enclosure
  • Exterior Features: Irrigation System, Lighting, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Enclosed, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12069C0750E

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Playground, Pool, PUD
  • Association Amenities: Fitness Center, Gated, Playground, Recreation Facilities, Spa/Hot Tub
  • Association Fee: 680
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 2720
  • Monthly HOA Fee: 226.67
  • Total Monthly Fees: 226.67

Schools

  • Elementary School: Sawgrass bay Elementary
  • High School: East Ridge High
  • Middle Or Junior School: Windy Hill Middle

Lot Info

  • Zoning: PUD
  • Parcel Number: 35-24-26-080000001500
  • Additional Parcels: No
  • Lot Features: In County
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Flood Zone Date: 2012-12-18
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Minimum Lease: 1-7 Days
  • Pet Restrictions: See HOA regulations for full details
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3445
  • Tax Block: 04
  • Tax Book Number: 50-19-20
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2018
Closed on
Apr 4, 2018
Sold by
Acton Darren L
Seller's Agent
Linda Sanders
CHAMPION HOMES
Buyer's Agent
Giovanni Sanginesi
REAL BROKER, LLC
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Current Estimated Value
$487,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,075
Avg. Annual Appreciation
9.40%
Original Mortgage
$196,000
Outstanding Balance
$167,670
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$322,158

Purchase Details

Closed on
Nov 29, 2007
Bought by
Acton Darren L

Purchase Details

Closed on
Jun 30, 2005
Sold by
Hill Stephen and Hill Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 31, 2004
Sold by
Colony Communities
Bought by
Hill Stephen and Hill Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
-- $245,000 Orlando Title Services
Acton Darren L $339,500 Stewart Title Of Four Corner
-- $365,000 --
Hill Stephen $269,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $196,000
Previous Owner -- $273,750
Previous Owner Hill Stephen $202,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2018 04/04/18 Sold $245,000 -2.0% $84 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
02/17/2018 02/17/18 For Sale $250,000 -- $85 / 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
2026 $5,870 $421,554 $106,663 $314,891
2025 $5,447 $421,721 $106,663 $315,058
2024 $5,447 $421,721 $106,663 $315,058
2023 $5,447 $412,608 $106,663 $305,945
2022 $4,695 $354,205 $86,538 $267,667
2021 $4,012 $258,926 $0 $0
2020 $3,891 $255,300 $0 $0
2019 $3,668 $218,727 $0 $0
2018 $3,423 $206,566 $0 $0
2017 $3,445 $209,415 $0 $0
2016 $3,520 $209,692 $0 $0
2015 $3,897 $226,484 $0 $0
2014 $3,759 $224,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5563440

Stellar MLS

APN: 35-24-26-0800-000-01500