NOT LISTED FOR SALE

518 Michigan Ave Eustis, FL 32726

Estimated Value: $257,000 - $316,000

3 Beds
2 Baths
1,454 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 29, 2012

Last sale price $98,000 $67 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $1,670/month

82 Days on Market

Highlights

  • Parking available for a boat
  • Deck
  • Attic
  • Fruit Trees
  • Wood Flooring
  • Corner Lot

About This Home

As of August 2012

ACTIVE WITH CONTRACT! Quaint Cottage-style home w/the perfect blend of timeless charm & modern comfort. This lovely renovated home is tucked away on a quiet street near the historic area of beautiful lakefront Eustis on a large picket-fenced corner lot. Gleaming wood floors, walls w/stylish decorator colors & coordinated wallcoverings are accented by crisp white custom mouldings, chair rails & custom built cabinetry. Craftsman-style window seat in the Family Room is framed by book cases which also fill a 2nd wall. Kitchen & Dining areas have ceramic tile floors, elegant KraftMaid Cherry cabinetry with end-cap curio shelving, solid surface countertops & stainless Refrigerator. Living & Dining rooms are naturally bright w/lovely French Doors that lead to the Florida Room. One Bedroom is used as an office & finished in exciting colors & designs that delight the senses. A light-shaft skylight beautifully illuminates the hall Bath decorated with classic wainscoting & chair rails, a new vanity & tile flooring. Bedroom Two has a queen Murphy Bed providing flexibility & space economy. M/Bath renovations include tile floors & vanity, with linen cabinet, wainscoting & chair rails & a tiled 4x4 walk in Shower. Relax in year around comfort in tiled, windowed Florida Room with it's own heating & air conditioning. Detached 300SF garage/workshop w/storage has attached 10x20' Smithbuilt shed w/2 windows & garage doors at either end. Like-new move-in condition! NO HOA!

Last Agent to Sell the Property

Dianne Scott

RE/MAX PREMIER REALTY License #673227 Listed on: 03/24/2012

Last Buyer's Agent

Joanne Schlaepfer

ROCK SPRINGS REALTY, LLC License #3014705

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $891

Year Built

  • Built in 1985

Lot Details

  • 10,504 Sq Ft Lot
  • Lot Dimensions are 101.0x104.0
  • Corner Lot
  • Oversized Lot
  • Level Lot
  • Irrigation
  • Fruit Trees

Parking

  • 1 Car Garage
  • Workshop in Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Open Parking
  • Parking available for a boat

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,454 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Thermal Windows
  • Blinds
  • French Doors
  • Sliding Doors
  • Inside Utility
  • Laundry in unit
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed
  • Rain Gutters

Location

  • City Lot

Schools

  • Eustis Heights Elementary School
  • East Ridge Middle School
  • East Ridge High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Zoned Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Jensen Park Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$891

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1454
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 1880
  • Lot Size Sq Ft: 10504
  • Directions to Property: From US441-go N on Bay Street (SR19 to R on Lakeview at Big Orange Tire-left on Center Street, R on Michigan-home on right side of street at corner of Michigan and Virgina
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G4681901&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G4681901&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 1100
  • Ratio: Close Price\List Price: 0.98098
  • Price per Sq Ft: 67.4
  • Close to Original List Price Ratio: 0.98098
  • Ratio: Current Price\Building Area Total: 52.13
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Attic, Ceiling Fans(s), Crown Molding, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Gas Water Heater, Microwave Hood, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Satellite Dish
  • Window Features: Blinds, Thermal Windows, Window Treatments
  • Street Number Modifier: 518
  • Room Count: 8
  • Additional Rooms: Attic, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s), Storage
  • Exterior Features: French Doors, Irrigation System, Rain Gutters, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Boat, Garage Door Opener, Garage Faces Rear, Garage Faces Side, Open, Workshop in Garage
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Electric, Wall Units / Window Unit, Zoned
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Association Fee Requirement: None

Schools

  • Elementary School: Eustis Heights Elem
  • High School: East Ridge High
  • Middle Or Junior School: East Ridge Middle

Lot Info

  • Parcel Number: 14-19-26-110000002300
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Lot, Level, Oversized Lot
  • Lot Dimensions: 101.0X104.0
  • Millage Rate: 20.44
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Expected Lease Date: 2012-08-29T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 891
  • Tax Block: 000
  • Tax Book Number: 0005/0006
  • Tax Lot: 02300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2012
Closed on
Aug 29, 2012
Sold by
Adams Robert M
Bought by
Arias Fernando and Hernandez Sandra P
Seller's Agent
Dianne Scott
RE/MAX PREMIER REALTY
Buyer's Agent
Joanne Schlaepfer
ROCK SPRINGS REALTY, LLC
List Price
$98,000
Sold Price
$98,000
Current Estimated Value
$286,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,460
Avg. Annual Appreciation
8.47%
Original Mortgage
$102,040
Outstanding Balance
$71,974
Interest Rate
3.53%
Mortgage Type
FHA
Estimated Equity
$208,722

Purchase Details

Closed on
Jan 21, 2009
Sold by
Adams Robert M
Bought by
Adams Robert M and Robert M Adams Jr Revocable Living Trust

Purchase Details

Closed on
Jan 27, 1998
Sold by
Phillips Robert A and Phillips Vira Fern
Bought by
Adams Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,750
Interest Rate
7.07%

Purchase Details

Closed on
Jul 20, 1995
Sold by
Jones Charles E
Bought by
Phillips Carroll N and Phillips Vira F
Source: Public Records

Range of Values:

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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
Arias Fernando $98,000 Atlas Title Inc
Adams Robert M -- Attorney
Adams Robert M $75,000 --
Phillips Carroll N $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arias Fernando $102,040
Previous Owner Adams Robert M $70,000
Previous Owner Adams Robert M $72,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2012 08/29/12 Sold $98,000 0.0% $67 / Sq Ft
06/14/2012 06/14/12 Pending -- -- --
03/23/2012 03/23/12 For Sale $98,000 -- $67 / 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 $1,219 $109,470 -- --
2024 $1,219 $109,470 -- --
2023 $1,219 $103,200 $0 $0
2022 $1,182 $100,200 $0 $0
2021 $1,126 $97,288 $0 $0
2020 $1,148 $95,945 $0 $0
2019 $1,120 $93,788 $0 $0
2018 $1,058 $92,040 $0 $0
2017 $1,026 $90,147 $0 $0
2016 $1,004 $88,293 $0 $0
2015 $1,019 $87,680 $0 $0
2014 $1,010 $86,985 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G4681901

Stellar MLS

APN: 14-19-26-1100-000-02300