NOT LISTED FOR SALE

551 Gregory Ln Umatilla, FL 32784

Estimated Value: $448,000 - $638,654

3 Beds
3 Baths
2,404 Sq Ft
$220/Sq Ft Est. Value

Last Sold April 17, 2018

Last sale price $305,000 $127 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,119/month

142 Days on Market

Highlights

  • 100 Feet of Waterfront
  • 1.82 Acre Lot
  • Stone Countertops
  • Lake View
  • Deck
  • No HOA

About This Home

As of April 2018

Absolutely lovely, this lakefront gem was taken right out of a storybook. Located at the end of a cul de sac with a perfect view of the spring-fed water and greenery beyond, tranquility and relaxation are key elements here. An extended driveway and charming curb appeal welcome guests into the top level of this two-story home. Descending backyard elevation allows for stunning views, fun times running (or rolling) down an over-sized lawn, and a ground floor level only you can see. Top floor living spaces include a customized kitchen, dining room, family room, master bedroom/bathroom, secondary bedroom, full bathroom, and sliding glass door access to an elevated sundeck. Ground floor living spaces include a second master bedroom/bathroom, over-sized bonus room, and sliding glass door access to a shaded patio. Vaulted ceilings, tile floors, and well-lit rooms allow the common areas to feel incredibly spacious and inviting while the bedrooms offer comfortable carpeting, breezy ceiling fans, and perfectly-placed windows for views of their own. Come experience the beauty of small-town living while embracing your very own piece of nature. Schedule your private tour now!

Last Agent to Sell the Property

Sheri Malin

REDFIN CORPORATION License #3256453 Listed on: 10/12/2017

REDFIN CORPORATION

Last Buyer's Agent

Lauren Lester

ROAMING PALM REALTY License #3306190

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,575

Year Built

  • Built in 2004

Lot Details

  • 1.82 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Mature Landscaping
  • Oversized Lot
  • Landscaped with Trees
  • Property is zoned R-18

Parking

  • 2 Car Attached Garage
  • Parking Pad

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Stone Siding

Interior Spaces

  • 2,404 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Inside Utility
  • Laundry in unit
  • Lake Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Access To Lake
  • Water Skiing Allowed
  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • East Lake Estates Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,575

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stone, Wood Frame
  • Fireplace: No
  • Living Area: 2404
  • Lot Size Acres: 1.82
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 3016
  • Lot Size Sq Ft: 79463
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5540659&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5540659&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.98387
  • Price per Sq Ft: 126.87
  • Close to Original List Price Ratio: 0.88406
  • Ratio: Current Price\Building Area Total: 101.13
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Stone Counters
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Window Features: Blinds
  • Room Count: 7
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: East Lake
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Lake
  • Water Extras: Skiing Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12069C0220E
  • Waterfront Frontage: 100
  • Water Frontage Feet Lake: 100

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Parking Pad
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Lot Info

  • Zoning: R-18
  • Parcel Number: 07-18-27-005500001500
  • Additional Parcels: No
  • Lot Features: Oversized Lot
  • Millage Rate: 20.97
  • Flood Zone Code: AE
  • Flood Zone Date: 2012-12-18
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 8-12 Months
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 4575
  • Tax Block: 0000
  • Tax Book Number: 44-58-59
  • Tax Lot: 15

Multi Family

  • Waterfront Features: Lake

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2023
Sold by
Magnus Ricky and Magnus Diane L
Bought by
Durbin Zachary A
Current Estimated Value
$528,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Outstanding Balance
$572,966
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
-$44,302

Purchase Details

Listed on
Oct 12, 2017
Closed on
Apr 17, 2018
Sold by
Cannon Leyna T and Cannon Brian S
Bought by
Magnus Ricky and Magnus Diane L
Seller's Agent
Sheri Malin
REDFIN CORPORATION
Buyer's Agent
Lauren Lester
ROAMING PALM REALTY
List Price
$345,000
Sold Price
$305,000
Premium/Discount to List
-$40,000
-11.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$289,750
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2015
Sold by
Kent Ballin D and Kent Ballin D
Bought by
Cannon Leyna T and Cannon Brian S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,350
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2007
Sold by
Collett Keith and Collett Dolores
Bought by
Kent Ballin D and Kent Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2003
Sold by
Calco Ltd Ptnr
Bought by
Collett Keith and Collett Dolores
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Durbin Zachary A $650,000 Apple Title
Durbin Zachary A $650,000 Apple Title
Magnus Ricky $305,000 First Internatiana Title Inc
Cannon Leyna T $253,000 Watson Title Services Inc
Kent Ballin D $365,000 None Available
Collett Keith $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durbin Zachary A $585,000
Closed Durbin Zachary A $585,000
Previous Owner Magnus Ricky $289,750
Previous Owner Cannon Leyna T $240,350
Previous Owner Kent Ballin D $183,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2018 04/17/18 Sold $305,000 -1.6% $127 / Sq Ft
03/04/2018 03/04/18 Pending -- -- --
01/11/2018 01/11/18 Price Changed $310,000 -4.6% $129 / Sq Ft
12/01/2017 12/01/17 Price Changed $325,000 -3.0% $135 / Sq Ft
10/25/2017 10/25/17 Price Changed $335,000 -2.9% $139 / Sq Ft
10/12/2017 10/12/17 For Sale $345,000 -- $144 / 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 $4,259 $261,300 -- --
2025 $6,125 $254,190 -- --
2024 $6,125 $254,190 $103,200 $257,270
2023 $6,125 $316,095 $103,200 $212,895
2022 $5,702 $298,095 $85,200 $212,895
2021 $4,988 $244,117 $0 $0
2020 $5,238 $244,117 $0 $0
2019 $5,314 $244,117 $0 $0
2018 $4,359 $244,117 $0 $0
2017 $4,576 $218,182 $0 $0
2016 $4,639 $218,203 $0 $0
2015 $3,290 $191,494 $0 $0
2014 $3,278 $189,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Sheri Malin

    REDFIN CORPORATION

    Sheri Malin
    Section Image
  • Lauren Lester

    Buyer's Agent in 2018

    Lauren Lester

    ROAMING PALM REALTY

    (352) 615-5075

    1 in this area

    5 Total Sales

    Lauren Lester
    Section Image
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Map

Source: Stellar MLS

MLS Number: O5540659

Stellar MLS

APN: 07-18-27-0055-000-01500

Florida Lake County Umatilla 32784

551 Gregory Ln, Umatilla, FL

Not Listed for Sale

Detached

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