NOT LISTED FOR SALE

501 W Old Us Highway 441 Unit C-206 Mount Dora, FL 32757

Estimated Value: $318,000 - $376,000

3 Beds
2 Baths
1,730 Sq Ft
1,742 Sq Ft Lot

Last Sold March 05, 2021

Last sale price $250,000 $145 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,164/month

176 Days on Market

Highlights

  • Water Views
  • Contemporary Architecture
  • Eat-In Kitchen
  • In Ground Pool
  • Thermal Windows
  • Crown Molding

About This Home

As of March 2021

Three bedroom, 2 bath condos are not common in Mt. Dora. Finding a modern floor plan on a single level with walking distance to the town center is special. This well kept condo with large, light filled rooms offers these amenities. It features expansive views of the huge pool and clubhouse and beautiful views of Lake Dora. Summit Place Condominiums are in a great downtown location. This is an end unit on the second floor adjacent to an elevator servicing the four levels of the building. The rooms are spacious and open and the floor plan separates the 3 bedroom areas from each other. One bedroom is currently used as a den. The kitchen is large enough to have a dinette along with ample cupboards, and there is a separate laundry room. The Master bedroom Suite is very large with separate closets and it also features wonderful views to wake up to every morning. No Pets

Last Agent to Sell the Property

Larry Pierce

WATSON REALTY CORP License #673150 Listed on: 08/17/2020

WATSON REALTY CORP

Co-Listed By

Denise Pierce

WATSON REALTY CORP License #702028

Last Buyer's Agent

Greg Boliek

LA ROSA REALTY HORIZONS LLC License #3069049

LA ROSA REALTY HORIZONS LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,803

Year Built

  • Built in 1983

Lot Details

  • North Facing Home
  • Landscaped with Trees

Home Design

  • Contemporary Architecture
  • Elevated Home
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,730 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Thermal Windows
  • Combination Dining and Living Room
  • Utility Room
  • Water Views
  • Security System Leased

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Assigned Parking

Pool

  • In Ground Pool
  • Gunite Pool

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • City Lot

Listing and Financial Details

  • Legal Lot and Block C206 / 00C
  • Assessor Parcel Number 30-19-27-1850-00C-20600

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include community pool, escrow reserves fund, maintenance exterior, ground maintenance, maintenance repairs, pest control, recreational facilities
  • Terry Hom Association, Phone Number (352) 516-5206
  • Summit Place Condo Subdivision
  • Association Approval Required
  • Association Owns Recreation Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,803

Year Built

Built in 1983

Lot Details

0

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Exterior, Maintenance Grounds, Maintenance Repairs, Pest Control, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, Elevated
  • Property Description: End Unit, Mid Rise
  • Water View: Yes
  • Construction Materials: Block, Stucco
  • Living Area: 1730.00
  • Homestead: Yes
  • Lot Size Acres: 0.04
  • Year Built: 1983
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5032583?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5032583?w=Customer
  • Lot Size Sq Ft: 1574
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5032583?w=PubMLS
  • Directions to Property: In Downtown Mt Dora 5th Avenue changes names to Old US Hwy 441 as you head West 3 blocks from Donnelly. The entrance to Summit Place is shared with Heron Cay Bed & Breakfast.
  • Escrow State: FL
  • List Office Head Office Key Nume: 119690328
  • Status: Sold
  • Street Direction: W
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 7
  • Living Area Units: Square Feet
  • Additional Rooms: Inside Utility
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Crown Molding, Eating Space In Kitchen, Elevator, Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Floor Number: 2
  • Levels: One
  • Stories: 1
  • Window Features: Thermal Windows
  • Living Area Meters: 160.72
  • Street Number Modifier: 501

Exterior Features

  • Direction Faces: North
  • Other Structures: Storage
  • Pool Features: Gunite, In Ground
  • Exterior Features: Storage
  • Roof: Built-Up
  • Water View: Lake - Chain of Lakes
  • Flood Zone Code: ZoneX
  • Pool Private: Yes
  • View: Water
  • Water Body Name: LAKE DORA
  • Road Surface Type: Asphalt

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Assigned, Covered, Guest

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Pool
  • Building Name Number: SUMMIT PLACE
  • Condo Fees: 440
  • Condo Fees Term: Monthly
  • Condo Land Included: Yes
  • Monthly Condo Fee Amount: 440
  • Association Approval Required: Yes
  • Association Fee Frequency: Monthly
  • Association Fee Requirement: Required
  • Association Name: Terry Hom
  • Phone: 352-516-5206
  • Association: Yes
  • Security: Security System Leased

Fee Information

  • Total Annual Fees: 5280.00
  • Total Monthly Fees: 440.00

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: R-3
  • Parcel Number: 30-19-27-1850-00C-20600
  • Lot Features: In City Limits, Street Paved, Street Private
  • Lot Size Square Meters: 146

Rental Info

  • Minimum Lease: 1 Month
  • Additional Lease Restrictions: Reference Condominium Documents
  • Lease Restrictions: Yes

Multi Family

  • Approval Process: Reference Condominium Documents

Tax Info

  • Tax Annual Amount: 1802.93
  • Tax Block: 00C
  • Tax Book Number: 1-87
  • Tax Lot: C206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Mar 5, 2021
Sold by
Miller George J and Miller Gloria A
Bought by
Nash Elizabeth
Seller's Agent
Larry Pierce
WATSON REALTY CORP
Buyer's Agent
Greg Boliek
LA ROSA REALTY HORIZONS LLC
List Price
$279,000
Sold Price
$250,000
Premium/Discount to List
-$29,000
-10.39%
Total Days on Market
176
Current Estimated Value
$340,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,296
Avg. Annual Appreciation
7.74%

Purchase Details

Closed on
Apr 14, 2014
Sold by
Wilson Luther E and Wilson Valine V
Bought by
Miller George J and Miller Gloria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,800
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2005
Sold by
Wilson Luther E and Wilson Valine V
Bought by
Wilson Luther E and Wilson Wilson

Purchase Details

Closed on
Mar 6, 1996
Sold by
Hill Robert P and Hill Margaret B
Bought by
Wilson Luther E and Wilson Wilson
Source: Public Records

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Range of Values:

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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
Nash Elizabeth $250,000 Watson Title
Miller George J $153,500 Attorney
Wilson Luther E -- --
Wilson Luther E $92,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nash Elizabeth $205,000
Previous Owner Miller George J $140,000
Previous Owner Miller George J $122,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $250,000 -8.8% $145 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
12/12/2020 12/12/20 Price Changed $274,000 -1.8% $158 / Sq Ft
11/16/2020 11/16/20 For Sale $279,000 0.0% $161 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $279,000 -- $161 / 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 $4,294 $279,223 $47,250 $231,973
2024 $4,294 $279,223 $47,250 $231,973
2023 $4,294 $263,828 $47,250 $216,578
2022 $4,804 $244,328 $27,750 $216,578
2021 $1,749 $123,514 $0 $0
2020 $1,803 $121,809 $0 $0
2019 $1,792 $119,071 $0 $0
2018 $1,693 $115,448 $0 $0
2017 $1,487 $113,074 $0 $0
2016 $1,446 $110,749 $0 $0
2015 $1,470 $109,980 $0 $0
2014 $2,253 $108,197 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5032583

Stellar MLS

APN: 30-19-27-1850-00C-20600