NOT LISTED FOR SALE

41241 Silver Dr Umatilla, FL 32784

Estimated Value: $455,000 - $588,033

4 Beds
3.5 Baths
3,528 Sq Ft
$148/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $170,000 $48 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $3,100/month

78 Days on Market

Highlights

  • 116 Feet of Lake Waterfront
  • Traditional Architecture
  • Attic
  • Oak Trees
  • Wood Flooring
  • Separate Formal Living Room

About This Home

As of September 2017

AS-IS/CASH offers only will be entertained for this property. For sale below market value. Whether you are seeking a DIY lake home on a 1/2 acre, or a simply beautiful lakefront property site (116' of lake frontage) for your new estate home, this property is for you! Situated on Lake Billy Boo Hoo (South Twin Lake) with easy access to SR 19, you can enjoy lakefront living while still having close access to all the activities of Orlando and especially Mt. Dora. Property has been vacant for a long period of time and has some issues, see Sellers Disclosures. The highest and best use is for a major renovation of the structure, or demo and build your dream home overlooking the beautiful lake. Home is 4 bdrm/2 bath up and has attached 2 car garage and another 22'x21' basement workshop, plus 25'x26' A/C'd walkout basement. Home does have significant termite activity, but can be easily treated. Buyers enter and view the house with the knowledge that there are some renovation projects needed.

Last Agent to Sell the Property

Terry Ward

License #3059692 Listed on: 06/03/2017

Last Buyer's Agent

Danielle Kiscaden

License #3386997

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,589

Year Built

  • Built in 1983

Lot Details

  • 0.49 Acre Lot
  • 116 Feet of Lake Waterfront
  • Lake Front
  • Mature Landscaping
  • Oak Trees
  • Property is zoned R-2

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Tri-Level Property
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,528 Sq Ft Home
  • Wood Burning Fireplace
  • Separate Formal Living Room
  • Formal Dining Room
  • Storage Room
  • Inside Utility
  • Wood Flooring
  • Lake Views
  • Attic
  • Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Access To Lake
  • Open Dock
  • Outdoor Storage

Schools

  • Umatilla Elementary School
  • Umatilla Middle School
  • Umatilla High School

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System

Community Details

  • Silver Beach Heights Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,589

Year Built

Built in 1983

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 3528
  • Lot Size Acres: 0.49
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 5064
  • Lot Size Sq Ft: 21300
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 48.19
  • Total Acreage: 1/2 Acre to 1 Acre
  • Water Access YN: 1
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Attic
  • Appliances Included: Dishwasher, Range
  • Foundation Details: Basement
  • Total Bedrooms: 4
  • Levels: Three Or More
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic,Formal Dining Room Separate,Formal Living Room Separate,Inside Utility,Storage Rooms

Exterior Features

  • Other Structures: Storage
  • Exterior Features: Storage
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: LAKE BILLY BOO HOO
  • Waterfront: Yes
  • Water Access: Lake
  • Water Extras: Dock - Open
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 116
  • Flood Zone Panel: 12069C0210E
  • Water Frontage Feet Lake: 116

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Underground

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump, Zoned
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 50
  • Association Fee Frequency: Annually
  • Association: No
  • Senior Community: No
  • Association Approval Required YN: 0
  • Pet Restrictions: Per County Code
  • Association Fee Requirement: Optional

Fee Information

  • Monthly HOA Amount: 4.17

Schools

  • Elementary School: Umatilla Elem
  • High School: Umatilla High
  • Middle Or Junior School: Umatilla Middle

Lot Info

  • Zoning: R-2
  • Parcel Number: 01-18-26-030000H00400
  • Additional Parcels: No
  • Lot Features: In County
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 2589
  • Tax Block: H
  • Tax Book Number: 14-25
  • Tax Lot: 4

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2019
Sold by
Burkett Ashley
Bought by
Ashley Burkett Revocable Trust
Current Estimated Value
$523,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$174,749
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$348,759

Purchase Details

Closed on
Apr 22, 2019
Sold by
Burkett Ashley and Burkett Robin
Bought by
Burkett Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$174,749
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$348,759

Purchase Details

Closed on
Nov 20, 2017
Sold by
Barbara K Maxwell
Bought by
Burkett Ashley and Burkett Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.95%

Purchase Details

Listed on
Jun 3, 2017
Closed on
Aug 28, 2017
Sold by
Maxwell Barbara K
Bought by
Burkett Ashley and Burkett Robin
Seller's Agent
Terry Ward
Buyer's Agent
Danielle Kiscaden
List Price
$189,900
Sold Price
$170,000
Premium/Discount to List
-$19,900
-10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.38%
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
Ashley Burkett Revocable Trust -- Attorney
Burkett Ashley $75,000 Vantage Point Title
Burkett Ashley $170,000 --
Burkett Ashley $170,000 Watson Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burkett Ashley $200,000
Previous Owner Burkett Ashley $150,000
Previous Owner Burkett Ashley --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2017 11/30/17 Off Market $170,000 -- --
09/01/2017 09/01/17 Sold $170,000 -10.5% $48 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $189,900 0.0% $54 / Sq Ft
07/24/2017 07/24/17 Pending -- -- --
07/03/2017 07/03/17 Price Changed $189,900 -5.0% $54 / Sq Ft
06/03/2017 06/03/17 For Sale $199,900 -- $57 / 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 $4,309 $317,890 -- --
2025 $3,968 $309,240 -- --
2024 $3,968 $309,240 -- --
2023 $3,968 $291,500 $0 $0
2022 $3,787 $283,010 $0 $0
2021 $3,653 $274,771 $0 $0
2020 $3,832 $270,978 $0 $0
2019 $3,832 $266,558 $0 $0
2018 $3,671 $261,588 $0 $0
2017 $3,397 $205,532 $0 $0
2016 $2,589 $186,680 $0 $0
2015 $2,650 $185,383 $0 $0
2014 $2,653 $183,912 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G4843338

Stellar MLS

APN: 01-18-26-0300-00H-00400