NOT LISTED FOR SALE

4500 Ola Beach Dr Mount Dora, FL 32757

Estimated Value: $1,065,000 - $1,223,260

5 Beds
4 Baths
4,814 Sq Ft
$239/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $508,000 $106 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $7,153/month

47 Days on Market

Highlights

  • 200 Feet of Lake Waterfront
  • Guest House
  • Boat Lift
  • Parking available for a boat
  • Boat Slip Deeded
  • Barn

About This Home

As of July 2017

LAKE OLA WATERFRONT! This spectacular Lakefront estate with matching guest house is nestled on nearly 3 acres of gorgeous property. You will be in awe of the impressive vaulted ceiling with incredible architectural beams. Bask in the panoramic views of the spring fed Lake Ola from the Living room, master bedroom dining room, and dinette. The grand master suite is on the main floor with access to the pool through french doors and is spacious enough for a sitting area. Access the property through a private gated entrance which leads to a circular drive giving ease to parking for both homes. This is Florida living at its best with expansive brick paver lanai encompassing the volume screened lanai. Additional notable features are the built-in sauna, 22x23 mirrored room, dog kennels with six dog runs, a new holding tank for the well, and Spanish tiled roofs on both main and 2nd house. This a water lovers dream bring your paddle boards, kayaks, boat, and seaplane! Located close enough to enjoy downtown Mount Dora's festivals, dining, shopping and far enough away to enjoy the serene privacy of your own lakefront estate.

Last Agent to Sell the Property

Janice Petteway

EXIT REAL ESTATE RESULTS License #528281 Listed on: 04/21/2017

EXIT REAL ESTATE RESULTS

Last Buyer's Agent

Kathleen Perkins

HOMESMART License #3151357

HOMESMART

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,746

Year Built

  • Built in 1990

Lot Details

  • 3.39 Acre Lot
  • 200 Feet of Lake Waterfront
  • Lake Front
  • Fenced
  • Mature Landscaping
  • Corner Lot
  • Level Lot
  • Irrigation
  • Property is zoned R-CE

Parking

  • 1 Car Attached Garage
  • Parking Pad
  • Workshop in Garage
  • Garage Door Opener
  • Circular Driveway
  • Parking available for a boat

Property Views

  • Lake
  • Pool

Home Design

  • Mediterranean Architecture
  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,814 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Game Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Pool

  • Screened Pool
  • In Ground Pool
  • Fiberglass Pool
  • Fence Around Pool

Outdoor Features

  • Access To Lake
  • Water Skiing Allowed
  • Boat Lift
  • Boat Slip Deeded
  • Balcony
  • Deck
  • Screened Patio
  • Separate Outdoor Workshop
  • Rain Gutters
  • Porch

Horse Facilities and Amenities

  • Zoned For Horses
  • Stables

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Guest House
  • Barn

Community Details

  • No Home Owners Association
  • Hudson W E Division On Lake Ola Subdivision

Listing and Financial Details

  • Tax Lot 161
  • Assessor Parcel Number 17-20-27-3748-00-161
  • $200 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,746

Year Built

Built in 1990

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mediterranean
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 4814
  • Lot Size Acres: 3.39
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 5266
  • Lot Size Sq Ft: 147597
  • Directions to Property: Hwy 441 in Mount Dora to Ola Beach Drive. Home is on the corner of Sadler and Ola Beach Drive.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • List Office Head Office Key Nume: 1052306
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 105.53
  • Total Acreage: 2 to less than 5
  • Water Access YN: 1
  • Tax Year: 2016
  • Special Features: 5120

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Master Bedroom Main Floor, Open Floorplan, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Street Number Modifier: 4500
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Breakfast Room Separate,Den/Library/Office,Family Room,Formal Dining Room Separate,Foyer,Game Room,Great Room,Inside Utility,Interior In-Law Suite
  • Living Area Meters: 447.24
  • Room Count: 10

Exterior Features

  • Other Structures: Barn(s), Guest House, Stable(s), Workshop
  • Pool Features: Fiberglass, In Ground, Screen Enclosure
  • Exterior Features: Balcony, French Doors, Irrigation System, Rain Gutters
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: LAKE OLA
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water Access: Lake
  • Water Extras: Dock - Slip Deeded On-Site,Lift,Skiing Allowed
  • Water Extras YN: 1
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 200
  • Water Frontage Feet Lake: 200
  • Additional Water Information: Water Lake Front Feet estimate to be buyer to confirm all data.

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Boat, Circular Driveway, Garage Door Opener, Parking Pad, Workshop in Garage

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: 0
  • Pet Restrictions: CONFIRM WITH FOR ANY RESTRICTIONS ON PETS
  • Association Fee Requirement: None

Lot Info

  • Zoning: R-CE
  • Parcel Number: 17-20-27-3748-00-161
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: Corner Lot, In County, Level, Paved, Zoned for Horses
  • Flood Zone Code: tbd
  • Homestead YN: 1
  • Zoning Compatible YN: 1
  • Future Land Use: 0130

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: CONFIRM WITH COUNTY FOR ANY LEASE RESTRICTIONS

Tax Info

  • Tax Annual Amount: 10746
  • Tax Block: 00
  • Tax Book Number: 000A/0136
  • Tax Lot: 161
  • Tax Other Annual Assessment Amount: 200

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jul 14, 2017
Sold by
Citadel Servicing Corp
Bought by
Caropreso Paul and Caropreso Robin
Seller's Agent
Janice Petteway
EXIT REAL ESTATE RESULTS
Buyer's Agent
Kathleen Perkins
HOMESMART
List Price
$598,500
Sold Price
$508,000
Premium/Discount to List
-$90,500
-15.12%
Current Estimated Value
$1,148,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$640,315
Avg. Annual Appreciation
10.66%
Original Mortgage
$406,400
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 18, 2017
Sold by
Romeo Len J and Doe John
Bought by
Residential Mortgage Loan Trust 1

Purchase Details

Listed on
May 12, 2012
Closed on
Jul 27, 2012
Sold by
Dubose George H and Dubose Gail W
Bought by
Romeo Len J
Seller's Agent
Janice Clary
COLDWELL BANKER PREMIER
Buyer's Agent
Dan Walters
ROBERT SLACK LLC
List Price
$545,000
Sold Price
$545,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$417,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2009
Sold by
Chapman Ronald L and Chapman Debra P
Bought by
Dubose George H and Dubose Gail W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
5.04%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Caropreso Paul $508,000 None Available
Residential Mortgage Loan Trust 1 $357,100 None Available
Romeo Len J $545,000 Atlas Title Inc
Dubose George H $485,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caropreso Paul $500,000
Closed Caropreso Paul $406,400
Previous Owner Romeo Len J $525,000
Previous Owner Romeo Len J $417,000
Previous Owner Dubose George H $388,000
Previous Owner Chapman Ronald L $980,000
Previous Owner Chapman Ronald L $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $508,000 -- --
07/14/2017 07/14/17 Sold $508,000 -15.1% $106 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $598,500 +9.8% $124 / Sq Ft
07/27/2012 07/27/12 Sold $545,000 0.0% $106 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
05/12/2012 05/12/12 For Sale $545,000 -- $106 / 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 $10,891 $644,365 -- --
2024 $10,191 $644,365 -- --
2023 $10,191 $607,966 $0 $0
2022 $9,885 $590,258 $0 $0
2021 $8,999 $531,705 $0 $0
2020 $8,571 $524,364 $0 $0
2019 $8,830 $512,575 $0 $0
2018 $8,754 $503,018 $0 $0
2017 $10,735 $565,331 $215,000 $350,331
2016 $10,746 $556,303 $215,000 $341,303
2015 $10,220 $545,216 $215,000 $330,216
2014 $9,776 $511,627 $235,000 $276,627
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5505979

Stellar MLS

APN: 17-2027-3748-00-161