NOT LISTED FOR SALE

506 E 7th Ave Mount Dora, FL 32757

Estimated Value: $337,000 - $484,000

2 Beds
1.5 Baths
1,488 Sq Ft
$264/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $279,000 $188 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,596/month

17 Days on Market

Highlights

  • No HOA
  • Den
  • Formal Dining Room
  • Mature Landscaping
  • Enclosed Patio or Porch
  • Inside Utility

About This Home

As of August 2021

Located on an oversized lot in the Historic District of downtown Mt Dora, this single level home constructed by noted Mt. Dora Builder J G Ray has been well maintained by the long time tenant who just moved out. It is time for a new owner to take advantage of the features of this well built home with updates and improvements. All rooms are spacious. The home has a brand new A/C system and the plumbing system was completely updated 2 years ago. Mexican tile flooring flows through Living Room, Kitchen, Dining Room and center hallway with carpeting in the two bedrooms and the Study/Den with its corner fireplace. Double French doors from the Living Room and Kitchen open to the spacious covered screened front porch featuring a brick paver floor. The Dining Room and Kitchen have door openings to the 20 x 70' enclosed backyard patio to enjoy cookouts, gardening, and privacy. There are expansive side yards on both sides of the house with lovely, mature landscaping offering an abundance of shade and privacy. A brick paver front driveway extends into the carport which has a nice storage room behind which is accessed in the backyard. It's time for new colors, landscaping and updates to maximize this property's great location and potential. The owners have never resided here and the house is being sold As-Is. The dryer was disconnected during the new A/C installation and has not been reconnected. Seller has no knowledge of the condition of the appliances.

Last Agent to Sell the Property

Larry Pierce

WATSON REALTY CORP License #673150 Listed on: 06/25/2021

WATSON REALTY CORP

Co-Listed By

Denise Pierce

WATSON REALTY CORP License #702028

Last Buyer's Agent

Carole Blake

CHARLES RUTENBERG REALTY ORLANDO License #3100251

CHARLES RUTENBERG REALTY ORLANDO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,448

Year Built

  • Built in 1952

Lot Details

  • 10,220 Sq Ft Lot
  • Lot Dimensions are 73x140
  • North Facing Home
  • Wood Fence
  • Mature Landscaping
  • Irrigation
  • Property is zoned R-2

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,488 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Den
  • Inside Utility

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Mount Dora Middle School
  • Mount Dora High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mount Dora Gullers Homestead Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,448

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 1488
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1952
  • Building Area Total: 1995
  • Lot Size Sq Ft: 10220
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5043681?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5043681?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.94576
  • Price per Sq Ft: 187.5
  • Close to Original List Price Ratio: 0.94576
  • Ratio: Current Price\Building Area Total: 139.85
  • View: No
  • Co List Office Mls Id: 260503544
  • Co List Office Phone: 352-536-6530
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Room Count: 6
  • Additional Rooms: Den/Library/Office, Formal Dining Room Separate, Inside Utility

Exterior Features

  • Direction Faces: North
  • Exterior Features: Fenced, Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Patio, Rear Porch
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected
  • 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

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • High School: Mount Dora High
  • Middle Or Junior School: Mount Dora Middle

Lot Info

  • Zoning: R-2
  • Parcel Number: 29-19-27-1300-000-02602
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Dimensions: 73x140
  • Flood Zone Code: ZoneX
  • Zoning Compatible Y N: Yes

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 4447.83
  • Tax Block: 000
  • Tax Book Number: 3-43
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Aug 6, 2021
Sold by
Newby Michael and Grebe Robin
Bought by
Clarke Darren D and Clarke Tracy
Seller's Agent
Larry Pierce
WATSON REALTY CORP
Buyer's Agent
Carole Blake
CHARLES RUTENBERG REALTY ORLANDO
List Price
$295,000
Sold Price
$279,000
Premium/Discount to List
-$16,000
-5.42%
Current Estimated Value
$392,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,684
Avg. Annual Appreciation
8.14%
Original Mortgage
$251,100
Outstanding Balance
$227,340
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$165,344

Purchase Details

Closed on
May 31, 2005
Sold by
Kruger Richard Donald and Kruger Ruth Ann
Bought by
Newby Michael and Grebe Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 3, 2004
Sold by
Rose Robin M
Bought by
Kruger Richard Donald and Kruger Ruth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 14, 2004
Sold by
Designed By Robin M Rose Inc
Bought by
Rose Robin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.19%
Mortgage Type
Unknown

Purchase Details

Closed on
May 24, 2002
Sold by
Thompson Joan F
Bought by
Designed By Robin M Rose Inc

Purchase Details

Closed on
Mar 18, 1994
Sold by
Shank Quentin D and Shank Naomi L
Bought by
Schaefer Charles E and Schaefer Derbhile M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,205
Interest Rate
7.2%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Clarke Darren D $279,000 Watson Title Services Inc
Newby Michael $250,000 --
Kruger Richard Donald $160,000 1St Land Title Services Inc
Rose Robin M -- --
Designed By Robin M Rose Inc $160,000 --
Schaefer Charles E $72,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clarke Darren D $251,100
Previous Owner Newby Michael $200,000
Previous Owner Kruger Richard Donald $128,000
Previous Owner Schaefer Charles E $74,205
Closed Kruger Richard Donald $16,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2021 08/11/21 Sold $279,000 -5.4% $188 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $295,000 -- $198 / 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 $6,466 $352,332 $147,784 $204,548
2025 $5,905 $350,212 $147,784 $202,428
2024 $5,905 $350,212 $147,784 $202,428
2023 $5,905 $343,651 $147,784 $195,867
2022 $5,213 $266,085 $94,044 $172,041
2021 $4,344 $221,102 $0 $0
2020 $4,448 $214,385 $0 $0
2019 $4,549 $214,385 $0 $0
2018 $4,158 $200,950 $0 $0
2017 $3,601 $176,109 $0 $0
2016 $3,598 $176,109 $0 $0
2015 $3,637 $173,447 $0 $0
2014 $3,561 $171,027 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: G5043681

Stellar MLS

APN: 29-19-27-1300-000-02602