NOT LISTED FOR SALE

550 S Highland St Mount Dora, FL 32757

Estimated Value: $157,648

0.65 Acre
$242,535 Price per Acre
28,314 Sq Ft Lot

Last Sold May 17, 2017

Last sale price $130,000

Est. 21% increase in value since last sale

Current estimated payment $1,072/month

15 Days on Market

About This Lot

As of May 2017

Fantastic commercial opportunity in the City OF Mount Dora with close to 1 acre of vacant land to work with. The property offers 3 points of access 1 on Camp St., 1 on Orange St., & 1 on Highland St. Zoning restrictions and incentives may apply.

Last Agent to Sell the Property

Reshma Munjal

CENTURY 21 ALL HOMES & PROPERT License #707587 Listed on: 03/07/2017

CENTURY 21 ALL HOMES & PROPERT

Last Buyer's Agent

Dawn Williams

EXP REALTY LLC License #3033303

EXP REALTY LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,421

Lot Details

  • 0.65 Acre Lot
  • 107 Ft Wide Lot
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned PUD

Community Details

  • No Home Owners Association
  • Mount Dora Subdivision

Listing and Financial Details

  • Legal Lot and Block 00002 / 370
  • Assessor Parcel Number 29-19-27-005037000002

Property Details

Property Type

Land

Est. Annual Taxes

$1,421

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.65
  • Lot Size Sq Ft: 42117
  • Number Of Lots: 2
  • Status: Sold
  • Ownership: Fee Simple
  • RATIO Current Price By Calculate: 3.09
  • Total Acreage: 1/2 Acre to 1 Acre
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Home Warranty: No
  • Waterfront: No
  • Water View YN: 0
  • Waterfront Feet Total: 0

Utilities

  • Utilities: Public

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: PUD
  • Parcel Number: 29-19-27-005037000002
  • Additional Parcels: Yes
  • Current Use: Commercial
  • Lot Features: City Limits, Paved
  • Lot Dimensions: irr
  • Flood Zone Code: X

Tax Info

  • Tax Annual Amount: 1421
  • Tax Block: 370
  • Tax Book Number: 3-37-43
  • Tax Lot: 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
Angeles & Corazones Llc
Bought by
Rae Highland Llc
Current Estimated Value
$157,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,000
Outstanding Balance
$384,906
Interest Rate
2.28%
Estimated Equity
-$226,321

Purchase Details

Closed on
Mar 28, 2018
Sold by
Rosado Juan G Lugo and Torres Juan S Lugo
Bought by
Angeles & Corazones Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 22, 2015
Sold by
Suntrust Bank
Bought by
Lugo Rosado Juan G and Lugo Torres Juan S

Purchase Details

Closed on
Sep 30, 2011
Sold by
Justified Investments Llc
Bought by
Suntrust Bank

Purchase Details

Closed on
Mar 10, 2006
Sold by
Smith Harold K and Smith Alice K
Bought by
Justified Investments Llc
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
Rae Highland Llc $136,000 Attorney
Angeles & Corazones Llc $85,000 Shipley Law Firm & Title Com
Lugo Rosado Juan G $75,000 First American Title Ins Co
Suntrust Bank $280,000 Attorney
Justified Investments Llc $204,900 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rae Highland Llc $506,000
Previous Owner Angeles & Corazones Llc $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2017 08/17/17 Off Market $130,000 -- --
05/17/2017 05/17/17 Sold $130,000 -12.8% --
03/23/2017 03/23/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $149,000 -- --
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 $2,976 $159,937 $35,815 $124,122
2025 $2,677 $159,937 $35,815 $124,122
2024 $2,677 $159,937 $35,815 $124,122
2023 $2,677 $146,008 $32,562 $113,446
2022 $1,957 $86,879 $29,601 $57,278
2021 $1,772 $78,541 $0 $0
2020 $1,873 $78,541 $0 $0
2019 $1,830 $74,285 $0 $0
2018 $1,772 $72,072 $0 $0
2017 $1,559 $72,305 $0 $0
2016 $1,563 $72,539 $0 $0
2015 $2,325 $107,537 $0 $0
2014 $2,244 $107,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Reshma Munjal

    Seller's Agent in 2017

    Reshma Munjal

    CENTURY 21 ALL HOMES & PROPERT

    (407) 873-7800

    36 Total Sales

    Reshma Munjal
    Section Image
  • Dawn Williams

    Buyer's Agent in 2017

    Dawn Williams

    EXP REALTY LLC

    (352) 250-3025

    24 in this area

    42 Total Sales

    Dawn Williams
    Section Image
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Map

Source: Stellar MLS

MLS Number: S4843223

Stellar MLS

APN: 29-19-27-0050-370-00006

Florida Lake County Mount Dora 32757

550 S Highland St, Mount Dora, FL

Not Listed for Sale

Lots

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

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