NOT LISTED FOR SALE

643 W Oak Terrace Dr Unit 1A Leesburg, FL 34748

Estimated Value: $91,000 - $117,000

2 Beds
2 Baths
1,089 Sq Ft
$195/mo HOA Fee

Last Sold July 26, 2013

Last sale price $10,000 $9 Per Sq Ft

Est. 889% increase in value since last sale

Current estimated payment $790/month

186 Days on Market

Highlights

  • Deck
  • Porch
  • Inside Utility
  • Mature Landscaping
  • Screened Patio
  • Ceramic Tile Flooring

About This Home

As of July 2013

"SHORT SALE" Condo in Leesburg, would make great rental property. Needs work! Has mold, use caution when viewing this home. This unit could be refurbished into a very nice home for owner occupancy or rental. Nice location as it is close to many business and shopping.

Last Agent to Sell the Property

Julie Townsend

ERA GRIZZARD REAL ESTATE License #684764 Listed on: 02/10/2012

ERA GRIZZARD REAL ESTATE

Last Buyer's Agent

Julie Townsend

ERA GRIZZARD REAL ESTATE License #684764 Listed on: 02/10/2012

ERA GRIZZARD REAL ESTATE

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • Northwest Facing Home
  • Mature Landscaping
  • Zero Lot Line

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,089 Sq Ft Home
  • 1-Story Property
  • Inside Utility

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance
  • Vlg Square Of Leesburg Condo Subdivision
  • The community has rules related to deed restrictions

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • HOA Fee Includes: Maintenance Structure, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1089
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1241
  • Lot Size Sq Ft: 532
  • Directions to Property: SOUTH ON HWY 441, LEFT ON LEE STREET, RIGHT ON OAK TERRACE DRIVE. CONDO IS ON RIGHT.
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G4680639&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G4680639&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 1630
  • Ratio: Close Price\List Price: 0.66667
  • Price per Sq Ft: 9.18
  • Close to Original List Price Ratio: 0.50251
  • Ratio: Current Price\Building Area Total: 8.06
  • View: No
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: 4108

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Appliances Included: Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 1
  • Street Number Modifier: 643
  • Room Count: 4
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None, Open
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association: No
  • Condo Fees: 195
  • Condo Fees Term: Monthly
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 2340
  • Total Monthly Fees: 195

Lot Info

  • Zoning: RES
  • Parcel Number: 23 19 24 1630 000 0010A
  • Additional Parcels: No
  • Lot Features: Zero Lot Line
  • Millage Rate: 18.51
  • Future Land Use: 0400
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2013-07-26T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 1239
  • Tax Block: 000
  • Tax Book Number: 714/1076
  • Tax Lot: 0010A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2023
Sold by
Hudson Lajuana
Bought by
Hines Donald C
Current Estimated Value
$98,868

Purchase Details

Closed on
May 23, 2016
Sold by
Marsh Williamd and Marsh Ellen
Bought by
Campbell Lajuana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,920
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 12, 2015
Sold by
Pretell Edgar H
Bought by
Marsh William D and Marsh Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Feb 10, 2012
Closed on
Jul 26, 2013
Sold by
Cate Enoch E and Cate Melissa
Bought by
Pretell Edgar H
Seller's Agent
Julie Townsend
ERA GRIZZARD REAL ESTATE
Buyer's Agent
Julie Townsend
ERA GRIZZARD REAL ESTATE
List Price
$15,000
Sold Price
$10,000
Premium/Discount to List
-$5,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.53%

Purchase Details

Closed on
Nov 9, 2005
Sold by
Berdine Virginia E
Bought by
Cate Melissa and Cate Enoch E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,200
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Hines Donald C $80,000 A & B Title & Escrow Services
Campbell Lajuana $36,000 Attorney
Marsh William D $39,000 Freedom Title & Escrow Co Ll
Pretell Edgar H $10,000 The Title Ins Team Lllp
Cate Melissa $96,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campbell Lajuana $34,920
Previous Owner Marsh William D $34,000
Previous Owner Cate Melissa $77,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2013 07/26/13 Sold $10,000 -33.3% $9 / Sq Ft
08/15/2012 08/15/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $15,000 -- $14 / 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 $928 $70,949 $27,500 $43,449
2024 $928 $61,149 $17,700 $43,449
2023 $928 $49,672 $8,912 $40,760
2022 $850 $49,672 $8,912 $40,760
2021 $737 $38,762 $0 $0
2020 $780 $38,762 $0 $0
2019 $769 $38,762 $0 $0
2018 $266 $36,514 $0 $0
2017 $253 $35,763 $0 $0
2016 $717 $35,763 $0 $0
2015 $725 $35,173 $0 $0
2014 -- $34,636 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Julie Townsend

    Seller's Agent in 2013

    Julie Townsend

    ERA GRIZZARD REAL ESTATE

    (352) 516-8298

    12 in this area

    147 Total Sales

    Julie Townsend
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Map

Source: Stellar MLS

MLS Number: G4680639

Stellar MLS

APN: 23-19-24-1630-000-0010A

Florida Lake County Leesburg 34748

643 W Oak Terrace Dr Unit 1A, Leesburg, FL

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 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.



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

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