NOT LISTED FOR SALE

501 W Old Us Highway 441 Unit C-302 Mount Dora, FL 32757

Estimated Value: $272,283 - $315,000

2 Beds
2 Baths
1,459 Sq Ft
$415/mo HOA Fee

Last Sold February 15, 2023

Last sale price $271,000 $186 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,320/month

20 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Elevator
  • Lake View
  • Community Pool
  • Walk-In Closet

About This Home

As of February 2023

Location, Location, Location! Come see this rare 3rd floor Condo located in Summit Place. Just two blocks from the Historic downtown Mount Dora, you will love the convenience of walking to the abundant collection of cafes, boutiques & art galleries. This quaint 24 unit condo building is nestled on a hill and overlooks Lake Dora of the Harris chain of lakes! It is kept up beautifully, and offers a newly renovated clubhouse, fitness center & community pool. Residents also have an assigned covered parking w/ storage space and an elevator making all 4 floors easily accessible. This 2 bedroom 2 bath features an eat-in kitchen, indoor laundry, and a large great room with breathtaking views of the lake and landscape below! In addition to all that Mount Dora has to offer you are conveniently located near major highways, Hospitals and grocery/department stores. Whether your looking for a permanent residence or a vacation home to escape the cold, this condo is prefect fit!

Last Agent to Sell the Property

Brandy Rogers McDonald

FLORIDA SCANDI REALTY LLC License #708085 Listed on: 11/11/2022

Last Buyer's Agent

Brandy Rogers McDonald

FLORIDA SCANDI REALTY LLC License #708085 Listed on: 11/11/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,451

Year Built

  • Built in 1983

Lot Details

  • South Facing Home
  • Irrigation
  • Condo Land Included

HOA Fees

  • $415 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,459 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Combination Dining and Living Room
  • Inside Utility
  • Chain Of Lake Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Ground Level Parking
  • Guest Parking
  • Reserved Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • City Lot

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, maintenance structure, ground maintenance, pest control, pool maintenance, recreational facilities, sewer, trash, water
  • Terry Hom Association, Phone Number (352) 516-5206
  • Mount Dora Summit Place Condo Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,451

Year Built

Built in 1983

Lot Details

0

HOA Fees

$415 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1459
  • Lot Size Acres: 0.04
  • New Construction: No
  • Year Built: 1983
  • Lot Size Sq Ft: 1579
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5076823?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5076823?w=Customer
  • Floor Number: 3
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98545
  • Price per Sq Ft: 185.74
  • Close to Original List Price Ratio: 0.98545
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 4
  • Room Count: 4
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Irrigation System, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Lake Dora
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Lake, Lake - Chain of Lakes
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Ground Level, Guest, Reserved
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Pool
  • Association Fee: 415
  • Association Fee Frequency: Monthly
  • Association Name: Terry Hom
  • Phone: 352-516-5206
  • Association: Yes
  • Senior Community: No
  • Association Email: hmtrry@yahoo.com
  • Condo Land Included Y N: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4980
  • Monthly HOA Fee: 415
  • Total Monthly Fees: 415

Lot Info

  • Zoning: R-3
  • Parcel Number: 30-19-27-1850-00C-30200
  • Additional Parcels: No
  • Lot Features: City Lot
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Minimum Lease: 1-2 Years
  • Approval Process: Verify with HOA
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Verify with HOA

Tax Info

  • Tax Annual Amount: 3450.68
  • Tax Block: 00C
  • Tax Book Number: 1-87
  • Tax Lot: C302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2022
Closed on
Feb 15, 2023
Sold by
Kenneth Henry Baylis and Kenneth Margaret Helen
Bought by
Cest La Llc
Seller's Agent
Brandy Rogers McDonald
FLORIDA SCANDI REALTY LLC
Buyer's Agent
Brandy Rogers McDonald
FLORIDA SCANDI REALTY LLC
List Price
$275,000
Sold Price
$271,000
Premium/Discount to List
-$4,000
-1.45%
Views
42
Current Estimated Value
$287,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,821
Avg. Annual Appreciation
2.03%

Purchase Details

Closed on
Mar 17, 2016
Sold by
Cemarus Bay Inc
Bought by
Baylis Kenneth Henry and Gray Margaret Helen

Purchase Details

Closed on
Mar 1, 2016
Bought by
Baylis Kenneth H and Baylis Margaret H

Purchase Details

Closed on
Apr 9, 2009
Sold by
Leach Charles H and Leach Pamela A
Bought by
Cemarus Bay Inc

Purchase Details

Closed on
Apr 11, 2008
Sold by
The First National Bank Of Mount Dora
Bought by
Leach Charles H and Leach Pamela A

Purchase Details

Closed on
Jun 30, 2000
Sold by
Carmi Shira
Bought by
1St Natl Bk Mt Dora and Charles H Leach Tr

Purchase Details

Closed on
Jan 23, 1998
Sold by
Colby Lestina L and Colby Bruce R
Bought by
Carmi Shira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.01%

Purchase Details

Closed on
Feb 24, 1996
Sold by
Larsen Opal C
Bought by
Colby Lestina L and Colby Bruce R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cest La Llc $271,000 Apple Title
Baylis Kenneth Henry -- Attorney
Baylis Kenneth H $100 --
Cemarus Bay Inc $121,000 Attorney
Leach Charles H -- Attorney
1St Natl Bk Mt Dora $112,000 --
Carmi Shira $100,000 --
Colby Lestina L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carmi Shira $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2023 02/15/23 Sold $271,000 0.0% $186 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
11/22/2022 11/22/22 Off Market $271,000 -- --
11/21/2022 11/21/22 For Sale $275,000 +1.5% $188 / Sq Ft
11/18/2022 11/18/22 Off Market $271,000 -- --
11/11/2022 11/11/22 For Sale $275,000 -- $188 / Sq Ft
Source: Stellar MLS

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 $4,888 $247,640 $47,250 $200,390
2025 $4,219 $247,640 $47,250 $200,390
2024 $4,219 $247,640 $47,250 $200,390
2023 $4,219 $234,657 $47,250 $187,407
2022 $3,948 $215,157 $27,750 $187,407
2021 $3,451 $173,337 $0 $0
2020 $3,593 $173,337 $0 $0
2019 $3,480 $173,191 $0 $0
2018 $3,015 $139,192 $0 $0
2017 $2,600 $126,459 $0 $0
2016 $2,381 $126,459 $0 $0
2015 $2,121 $100,122 $0 $0
2014 $2,052 $98,541 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: S5076823

Stellar MLS

APN: 30-19-27-1850-00C-30200