NOT LISTED FOR SALE

424 Palm Way Tavares, FL 32778

Estimated Value: $224,000 - $295,000

3 Beds
2 Baths
1,576 Sq Ft
$159/Sq Ft Est. Value

Last Sold March 01, 2019

Last sale price $127,500 $81 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,578/month

88 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Heating and Cooling System
  • Enclosed Patio or Porch
  • Tile Flooring
  • Ceiling Fan

About This Home

As of March 2019

BACK ON THE MARKET AFTER CONTINGENT SALE WAS CANCELLED!! Location Location Location!! This home, located across 441 from downtown, has access to all that Tavares has to offer. From nightlife to the sea port, restaurants, live entertainment and water park for the kiddos all located in beautiful downtown Tavares. Nestled in a quiet and peaceful neighborhood, perfect for first time home buyers, is a must see!! With an over sized Florida room that could easily be turned into a great place for entertainment for you and your guests. Large backyard with plenty of room and shade for the kiddos to run and you to enjoy the tranquility of a nice evening campfire. COME SEE this little gem with loads of potential and character!!

Last Agent to Sell the Property

Keith Beury

License #3395016 Listed on: 11/09/2018

Last Buyer's Agent

Cheryl Mullen

HANSON REAL ESTATE GROUP, INC. License #3431415

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $665

Year Built

  • Built in 1959

Lot Details

  • 0.25 Acre Lot
  • Irrigation
  • Property is zoned RSF-1

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,576 Sq Ft Home
  • Ceiling Fan
  • Blinds

Kitchen

  • Range
  • Dishwasher

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Tavares Elementary School
  • Tavares Middle=Tavares Middle School
  • Tavares High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tavares Lakewood Park Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$665

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1576
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1959
  • Building Area Total: 2068
  • Lot Size Sq Ft: 10800
  • Directions to Property: From 441 in Tavares turn right on Orange Ave, turn Right on Palm. Home is on the left
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5008538&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5008538&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.82311
  • Price per Sq Ft: 80.9
  • Close to Original List Price Ratio: 0.82311
  • Ratio: Current Price\Building Area Total: 61.65
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Window Features: Blinds
  • Street Number Modifier: 424
  • Room Count: 11
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12069C0355E
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Driveway, Off Street
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

  • Elementary School: Tavares Elem
  • High School: Tavares High
  • Middle Or Junior School: Tavares Middle=Tavares Middle

Lot Info

  • Zoning: RSF-1
  • Parcel Number: 29-19-26-070000R00500
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2012-12-18
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 665
  • Tax Block: R
  • Tax Book Number: 10-1
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2018
Closed on
Mar 1, 2019
Sold by
Barth Courtney
Bought by
Mccumber Peter William and Mccumber Shannon Leah
Seller's Agent
Keith Beury
Buyer's Agent
Cheryl Mullen
HANSON REAL ESTATE GROUP, INC.
List Price
$154,900
Sold Price
$127,500
Premium/Discount to List
-$27,400
-17.69%
Current Estimated Value
$251,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,846
Avg. Annual Appreciation
10.81%
Original Mortgage
$95,625
Outstanding Balance
$84,071
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$167,275

Purchase Details

Closed on
Dec 3, 2010
Sold by
Fannie Mae
Bought by
Barth Courtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,750
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2010
Sold by
Wassa Susan A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 6, 2010
Sold by
Wassa Susan A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 13, 2003
Sold by
Wassa Charles
Bought by
Wassa Susan

Purchase Details

Closed on
Apr 18, 1997
Sold by
Ball Robert E
Bought by
Wassa Charles E and Wassa Susan A

Purchase Details

Closed on
Jul 22, 1996
Sold by
Brubaker Betty M and Brubaker Lewis M
Bought by
Ball Robert E
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
Mccumber Peter William $127,500 Shipley Law Firm & Title Co
Barth Courtney $55,000 Attorney
Federal National Mortgage Association -- None Available
Federal National Mortgage Association -- Attorney
Wassa Susan -- --
Wassa Charles E $65,200 --
Ball Robert E $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccumber Peter William $95,625
Previous Owner Barth Courtney $46,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2019 03/01/19 Sold $127,500 -17.7% $81 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $154,900 0.0% $98 / Sq Ft
11/11/2018 11/11/18 Pending -- -- --
11/08/2018 11/08/18 For Sale $154,900 -- $98 / 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 $2,876 $169,016 $47,873 $121,143
2024 $2,876 $169,016 $47,873 $121,143
2023 $2,876 $165,138 $47,873 $117,265
2022 $2,681 $149,180 $31,915 $117,265
2021 $2,325 $117,806 $0 $0
2020 $2,380 $113,710 $0 $0
2019 $693 $73,258 $0 $0
2018 $669 $71,893 $0 $0
2017 $665 $70,415 $0 $0
2016 $671 $68,967 $0 $0
2015 $676 $68,488 $0 $0
2014 $680 $67,945 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5008538

Stellar MLS

APN: 29-19-26-0700-00R-00500