NOT LISTED FOR SALE

510 E 1st Ave Unit 2 Mount Dora, FL 32757

Estimated Value: $429,000 - $552,000

3 Beds
2 Baths
1,647 Sq Ft
$301/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $200,000 $121 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $3,301/month

37 Days on Market

About This Home

As of December 2018

RENOVATE OR START FRESH …Mount Dora Historic District duplex. RARE opportunity, several possibilities!! Currently consists of one 2-bedroom 1 bath unit est. 1100 sqft and one 1-bedroom 1 bath unit est. 550 sqft. This property is located approximately 2 blocks from Mount Dora’s Storied Downtown area where you can find the most unique shopping and dining experiences in Central Florida.

Last Agent to Sell the Property

Monica McDonald

EXP REALTY LLC License #3378363 Listed on: 10/29/2018

EXP REALTY LLC

Last Buyer's Agent

Loretta Maimone

ERA GRIZZARD REAL ESTATE License #3118600

ERA GRIZZARD REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,008

Year Built

  • Built in 1946

Lot Details

  • 10,120 Sq Ft Lot
  • Lot Dimensions are 88x115

Home Design

  • 1,647 Sq Ft Home
  • Duplex
  • Block Exterior
  • Siding

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Mount Dora Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,008

Year Built

Built in 1946

Lot Details

10,120 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Siding
  • Fireplace: No
  • Living Area: 1647
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1946
  • Lot Size Sq Ft: 10120
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5008049&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5008049&cview=true&show_results=true&customer_portal=true
  • Unit Count: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: Yes
  • Ratio: Close Price\List Price: 0.85106
  • Price per Sq Ft: 121.43
  • Close to Original List Price Ratio: 0.85106
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12069C0367E

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: No

Lot Info

  • Zoning: R-1
  • Parcel Number: 29-19-27-005040200000
  • Additional Parcels: No
  • Lot Dimensions: 88x115
  • Flood Zone Code: X
  • Flood Zone Date: 2012-12-18
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2008
  • Tax Block: 402
  • Tax Book Number: 3-37-43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2018
Closed on
Dec 28, 2018
Sold by
Lake And Monterey Investment Co Inc
Bought by
Mcscott Realty Llc
Seller's Agent
Monica McDonald
EXP REALTY LLC
Buyer's Agent
Loretta Maimone
ERA GRIZZARD REAL ESTATE
List Price
$235,000
Sold Price
$200,000
Premium/Discount to List
-$35,000
-14.89%
Current Estimated Value
$496,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,109
Avg. Annual Appreciation
13.37%

Purchase Details

Closed on
Oct 4, 2013
Sold by
Dean Jon Tabor and Seltzer Leilani M
Bought by
Lake & Monterey Investment Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
2.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 1994
Sold by
Hedley Jean L and Bettencourt Jean L
Bought by
Herrman William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
6.97%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mcscott Realty Llc $200,000 Attorney
Lake & Monterey Investment Co Inc $83,500 Attorney
Herrman William R $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lake & Monterey Investment Co Inc $165,000
Previous Owner Herrman William R $58,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $200,000 -14.9% $121 / Sq Ft
12/02/2018 12/02/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $235,000 -- $143 / 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 $8,294 $406,329 $115,410 $290,919
2025 $7,893 $416,821 $125,902 $290,919
2024 $7,893 $416,821 $125,902 $290,919
2023 $7,893 $406,677 $125,902 $280,775
2022 $4,082 $237,595 $62,951 $174,644
2021 $3,369 $157,804 $0 $0
2020 $3,925 $176,785 $0 $0
2019 $4,023 $176,785 $0 $0
2018 $2,590 $113,522 $0 $0
2017 $2,008 $94,632 $0 $0
2016 $2,007 $94,632 $0 $0
2015 $2,027 $93,193 $0 $0
2014 $1,913 $91,886 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Monica McDonald

    Seller's Agent in 2018

    Monica McDonald

    EXP REALTY LLC

    (352) 250-8681

    16 in this area

    199 Total Sales

    Monica McDonald
    Section Image
  • Loretta Maimone

    Buyer's Agent in 2018

    Loretta Maimone

    ERA GRIZZARD REAL ESTATE

    (352) 455-4541

    57 in this area

    290 Total Sales

    Loretta Maimone
    Section Image
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Map

Source: Stellar MLS

MLS Number: G5008049

Stellar MLS

APN: 29-19-27-0050-402-00000

Florida Lake County Mount Dora 32757

510 E 1st Ave Unit 2, Mount Dora, FL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

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

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