NOT LISTED FOR SALE

534-536 W Osceola St S Clermont, FL 34711

Estimated Value: $230,000 - $596,312

5 Beds
4 Baths
2,165 Sq Ft
$208/Sq Ft Est. Value

Last Sold February 26, 2019

Last sale price $360,000 $166 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,023/month

10 Days on Market

Highlights

  • The property is located in a historic district
  • Open Floorplan
  • Wood Flooring
  • Lake View
  • Deck
  • 1-minute walk to Kehlor Recreation Center & Park

About This Home

As of February 2019

TRIPLEX 5 Bedrooms, Den/office & 4 Baths in Historic Downtown Clermont with a Panoramic View of Lake Minneola from the rear balcony that is perfect to watch the spectacular Florida sunsets. This home can be used as INVESTMENT property with income potential or as an Owner Occupied unit in 1 area with 2 additional rental units. 1 block from Waterfront Park activities; Triathlons; public tennis courts; public rails to trails exercise path; public fishing pier & public boat ramps. Great for the outdoor Florida living! Walking distance to the downtown festivities such as farmers market; wine walk; shopping & restaurants with much more! The units have been refurbished with new tile, vinyl and some appliances. Also has large storage and basement areas with a separate utility room. Has 3 separate electrical boxes, 2 water meters, new roof in 2016 and 2 new AC units within the past couple years. Has 5 parking spaces. 2 Units are currently rented and the other is owner occupied. You will not want to miss this opportunity. Call for your preview TODAY!

Last Agent to Sell the Property

Colleen Weatherbee

OLYMPUS EXECUTIVE REALTY INC License #507393 Listed on: 01/18/2019

Last Buyer's Agent

Magdalena Breuning

REAL PROPERTY INTERNATIONAL License #3248893

REAL PROPERTY INTERNATIONAL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,239

Year Built

  • Built in 1925

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 100x150
  • Gentle Sloping Lot

Property Views

  • Chain Of Lake
  • Park or Greenbelt

Home Design

  • Triplex
  • Bi-Level Home
  • Brick Exterior Construction
  • Wood Frame Certified By Forest Stewardship Council
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Split Bedroom Floorplan
  • 2,165 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • L-Shaped Dining Room
  • Den
  • Storage Room
  • Inside Utility
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Parking Pad
  • On-Street Parking
  • Open Parking

Outdoor Features

  • Balcony
  • Deck
  • Enclosed patio or porch
  • Shed
  • Rain Gutters

Location

  • The property is located in a historic district
  • City Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Homestead Exemption
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, water
  • Legal Lot and Block 16-17 / 54
  • Assessor Parcel Number 24-22-25-0200-054-01501

Community Details

Overview

  • No Home Owners Association
  • 2,713 Sq Ft Building
  • Clermont Crest View Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $41,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,239

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Triplex
  • Construction Materials: Block, Brick, Stucco, Wood Frame (FSC Certified)
  • Fireplace: Yes
  • Living Area: 2165
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1925
  • Building Area Total: 2713
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 11500
  • Tenant Pays: Electricity, Water
  • Directions to Property: From Clermont Hwy 27 & Hwy 50 go west take right onto 5th St, left onto Osceola St, house & sign on right.
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5010357&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5010357&cview=true&show_results=true&customer_portal=true
  • Unit Count: 3
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Subdivision Num: 0200
  • Ratio: Close Price\List Price: 0.92331
  • Price per Sq Ft: 166.28
  • Close to Original List Price Ratio: 0.92331
  • Ratio: Current Price\Building Area Total: 132.69
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Vinyl, Hardwood
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
  • Levels: Two
  • Street Number Modifier: 534-536
  • Additional Rooms: Attic, Den/Library/Office, Inside Utility, Storage Rooms
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Balcony, Rain Gutters, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Park, Water
  • Water Body Name: Lake Minneola
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Enclosed, Front Porch, Rear Porch, Screened, Side Porch
  • 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
  • Additional Water Information: Short walking distance to the Clermont Waterfront Park.
  • Disclosures: Lead Paint

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, On Street, Open, Parking Pad
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Fire Hydrant, Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Electric, Heat Pump, Wall Units / Window Unit
  • Laundry Features: Inside, Laundry Room, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Deposits Y N: Yes
  • Association Approval Required YN: No

Lot Info

  • Zoning: R-3
  • Parcel Number: 24-22-25-0200-054-01501
  • Additional Parcels: No
  • Lot Features: Gentle Sloping, Historic District, City Lot
  • Lot Dimensions: 100x150
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 3450
  • Lease Restrictions Y N: No

Multi Family

  • Gross Income: 41400
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2239
  • Tax Block: 54
  • Tax Book Number: 5/60
  • Tax Lot: 16-17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2019
Sold by
Dillaha Adair
Bought by
Wd Holdings Llc
Current Estimated Value
$463,470

Purchase Details

Listed on
Jan 18, 2019
Closed on
Feb 26, 2019
Sold by
Rakow David B and Rakow Lorena
Bought by
Dillaha Adair
Seller's Agent
Colleen Weatherbee
OLYMPUS EXECUTIVE REALTY INC
Buyer's Agent
Magdalena Breuning
REAL PROPERTY INTERNATIONAL
List Price
$389,900
Sold Price
$360,000
Premium/Discount to List
-$29,900
-7.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%

Purchase Details

Closed on
Jun 14, 2007
Sold by
Bayles Vernon and Bayles Joanne
Bought by
Rakow Lorena and Rakow David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
9.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 25, 2003
Sold by
Bayles Vernon and Bayles Joann
Bought by
Rakow Lorena and Rakow David B

Purchase Details

Closed on
May 31, 2001
Sold by
Panchuck John R and Panchuck Mary R
Bought by
Rakow Lorena and Bayles Vernon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,934
Interest Rate
7.11%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Wd Holdings Llc -- None Available
Dillaha Adair $360,000 Fidelity National Title Of
Rakow Lorena $66,500 --
Rakow Lorena $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rakow Lorena $36,000
Previous Owner Rakow Lorena $134,934
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2019 02/26/19 Sold $360,000 -7.7% $166 / Sq Ft
01/28/2019 01/28/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $389,900 -- $180 / 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 $5,826 $434,145 $157,500 $276,645
2024 $5,826 $434,145 $157,500 $276,645
2023 $5,826 $336,190 $90,000 $246,190
2022 $5,329 $306,190 $60,000 $246,190
2021 $5,146 $303,666 $0 $0
2020 $5,185 $303,666 $0 $0
2019 $2,928 $188,393 $0 $0
2018 $2,223 $150,825 $0 $0
2017 $2,106 $143,593 $0 $0
2016 $2,130 $142,722 $0 $0
2015 $1,861 $124,782 $0 $0
2014 $1,869 $127,046 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5010357

Stellar MLS

APN: 24-22-25-0200-054-01501