NOT LISTED FOR SALE

502 Palm Ave Eustis, FL 32726

Estimated Value: $205,000 - $257,000

3 Beds
1 Bath
1,052 Sq Ft
$219/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $185,000 $176 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,477/month

5 Days on Market

Highlights

  • Oak Trees
  • Wood Flooring
  • Stone Countertops
  • Deck
  • High Ceiling
  • Mature Landscaping

About This Home

As of April 2021

MULTIPLE OFFERS: SELLER WILL REVIEW HIGHEST AND BEST OFFERS BY MONDAY, MARCH 1 @ NOON. This house has loads of character and is located in a historic neighborhood in the beautiful lakefront city of Eustis. The living area boasts original pine wood floors and the kitchen features granite counter tops and stainless steel appliances. The rear screen porch and backyard offer a quaint oasis to get away from the hustle bustle. The roof is three months old and the exterior and interior have fresh coats of paint. This one is move in ready! Call your agent to schedule a showing today. (Vacant lot next door is not included at this list price but could potentially be added to the purchase. Ask your agent for details.)

Last Agent to Sell the Property

Brad Verkaik

NARROW ROAD REALTY License #3246043 Listed on: 02/24/2021

Last Buyer's Agent

Brad Verkaik

NARROW ROAD REALTY License #3246043 Listed on: 02/24/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,956

Year Built

  • Built in 1925

Lot Details

  • 4,950 Sq Ft Lot
  • Lot Dimensions are 50x99
  • North Facing Home
  • Wood Fence
  • Mature Landscaping
  • Oak Trees
  • Property is zoned SR

Parking

  • Driveway

Home Design

  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 1,052 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Crawl Space

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed
  • Rain Gutters

Location

  • City Lot

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Eustis MC Cormick Park Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 14-19-26-1600-000-01900

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,956

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco, Wood Frame
  • Living Area: 1052.00
  • Homestead: Yes
  • Lot Size Acres: 0.11
  • Year Built: 1925
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5039039?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5039039?w=Customer
  • Lot Size Sq Ft: 4950
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5039039?w=PubMLS
  • Escrow State: FL
  • List Office Head Office Key Nume: 119098911
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 6
  • Living Area Units: Square Feet
  • Flooring: Vinyl, Wood
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Stone Counters, Thermostat
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Living Area Meters: 97.73

Exterior Features

  • Direction Faces: North
  • Other Structures: Shed(s)
  • Exterior Features: Fenced, Rain Gutters, Sidewalk, Sliding Doors
  • Flood Zone Code: X
  • Patio and Porch Features: Covered, Deck, Porch, Rear Porch, Screened
  • Road Surface Type: Asphalt

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: SR
  • Parcel Number: 14-19-26-1600-000-01900
  • Fencing: Wood
  • Lot Features: In City Limits, Sidewalk
  • Lot Dimensions: 50x99
  • Lot Size Square Meters: 460

Rental Info

  • Minimum Lease: No Minimum

Tax Info

  • Tax Annual Amount: 1955.89
  • Tax Block: 000
  • Tax Book Number: 5-56
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Apr 19, 2021
Sold by
Verkaik Richard G
Bought by
Darlington Molly A
Seller's Agent
Brad Verkaik
NARROW ROAD REALTY
Buyer's Agent
Brad Verkaik
NARROW ROAD REALTY
List Price
$175,000
Sold Price
$185,000
Premium/Discount to List
$10,000
5.71%
Current Estimated Value
$230,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,505
Avg. Annual Appreciation
4.80%
Original Mortgage
$179,450
Outstanding Balance
$161,452
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$69,053

Purchase Details

Closed on
May 22, 2007
Sold by
Henderson Robert and Henderson Stephanie
Bought by
Verkaik Richard G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2006
Sold by
Henderson Robert
Bought by
Henderson Robert and Henderson Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 21, 2003
Sold by
Fuller Prop Inc
Bought by
Henderson Robert and Henderson Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,318
Interest Rate
5.98%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 1998
Sold by
Miller John W and Miller Lu Ann
Bought by
Fuller Prop Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Darlington Molly A $185,000 Attorney
Verkaik Richard G -- Attorney
Verkaik Richard G $150,000 Attorney
Henderson Robert $25,000 First Alliance Abstract & Ti
Henderson Robert $75,000 --
Fuller Prop Inc $36,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darlington Molly A $179,450
Previous Owner Verkaik Richard G $120,000
Previous Owner Henderson Robert $132,000
Previous Owner Henderson Robert $72,318
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2021 04/19/21 Sold $185,000 0.0% $176 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
03/01/2021 03/01/21 Price Changed $185,000 +5.7% $176 / Sq Ft
02/24/2021 02/24/21 For Sale $175,000 -- $166 / 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 $3,226 $161,387 $36,204 $125,183
2025 $2,254 $159,840 $36,204 $123,636
2024 $2,254 $159,840 $36,204 $123,636
2023 $2,254 $154,940 $0 $0
2022 $2,208 $150,429 $30,740 $119,689
2021 $2,144 $113,571 $0 $0
2020 $1,956 $93,124 $0 $0
2019 $1,862 $93,124 $0 $0
2018 $1,625 $78,087 $0 $0
2017 $1,473 $69,543 $0 $0
2016 $1,350 $62,115 $0 $0
2015 $1,310 $58,826 $0 $0
2014 $1,297 $57,886 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Brad Verkaik

    NARROW ROAD REALTY

    (352) 589-8100

    26 in this area

    73 Total Sales

    Brad Verkaik
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Map

Source: Stellar MLS

MLS Number: G5039039

Stellar MLS

APN: 14-19-26-1600-000-01900

Florida Lake County Eustis 32726

502 Palm Ave, Eustis, FL

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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