$509,500
SOLD JAN 31, 2025

701 E Key Ave Eustis, FL 32726

3 Beds
2.5 Baths
1,908 Sq Ft
0.41 Acres

Recently Sold

$267 Per Sq Ft

7% Below List Price

66 Days on Market

Highlights

  • Lake Front
  • Stone Countertops
  • Family Room Off Kitchen
  • Open Floorplan
  • No HOA
  • 2 Car Attached Garage

About This Home

As of January 2025

This exceptional LAKE home is completely TURN KEY! This gorgeous home has been tastefully RENOVATED throughout situated on a PRIME CORNER LOT with expansive FRONTAGE ON LAKE GRACIE and offers unparalleled lakefront living with BREATHTAKING VIEWS! Over 17,800 square feet of private property, including all of the Lake Gracie frontage, awaits you—perfect for kayaking, relaxing by the water, or enjoying sunsets from your own backyard. Nestled in the desirable Historic District of Eustis (historic plaque on property grounds), this IMPECCABLE HOME BLENDS MODERN LUXURY WITH HISTORIC CHARM, all without the constraints of an HOA.

Boasting lake views from the living room, dining room, kitchen, primary bedroom, and bath, the interior of this light-filled home is designed for comfort and tranquility. With CUSTOM RENOVATIONS THROUGHOUT, the property features an inviting new breezeway addition (with approved plans and permits), connecting the spacious 2-car garage to the main house—adding more functional square footage.

Step outside onto your oversized front porch with new gorgeous tile and metal fencing, perfect for entertaining or relaxing with a glass of wine as you take in the serene lake vistas. The private, fenced backyard provides ample space for pets, privacy, or even a pool, all while being just steps away from the water's edge and the highly desirable lakefront walking trail!

The Golden Triangle—Eustis, Mount Dora, and Tavares—is at your fingertips, with easy access to everything this charming area has to offer. Just minutes from downtown Mount Dora and Tavares, and a short walk or drive to Ferran Park and the scenic Lake Eustis boardwalk.

With no other home offering this combination of features at this price in Eustis, this is an opportunity you won’t want to miss. Make your offer today and experience lakeside living at its finest!

Last Agent to Sell the Property

Sarah Bosch

THE BOSCH GROUP License #3342396 Listed on: 10/15/2024

Last Buyer's Agent

Jarene Mathias

RE/MAX PREMIER REALTY License #651975

RE/MAX PREMIER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,229

Year Built

  • Built in 1957

Lot Details

  • 0.41 Acre Lot
  • Lake Front
  • South Facing Home
  • Wood Fence
  • Board Fence
  • Irrigation
  • Property is zoned SR

Parking

  • 2 Car Attached Garage
  • Bathroom In Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,908 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • French Doors
  • Family Room Off Kitchen
  • Living Room
  • Luxury Vinyl Tile Flooring
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Access To Lake
  • Courtyard
  • Exterior Lighting
  • Rain Gutters
  • Private Mailbox

Utilities

  • Central Heating and Cooling System
  • Thermostat

Community Details

  • No Home Owners Association
  • Eustis Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,229

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1908
  • Lot Size Acres: 0.41
  • New Construction: No
  • Year Built: 1957
  • Building Area Total: 2864
  • Lot Size Sq Ft: 18000
  • Status: Sold
  • Street Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 266.07
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 267.03
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 0
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Stone Counters, Thermostat
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 177.26

Exterior Features

  • Direction Faces: South
  • Exterior Features: Courtyard, French Doors, Irrigation System, Lighting, Private Mailbox, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: LAKE GRACIE
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Disclosures: Lead Paint
  • Water Access: Lake
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12069C0356E

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Bath In Garage, Garage Door Opener, Garage Faces Side

Utilities

  • Utilities: Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: SR
  • Parcel Number: 11-19-26-0100-095-00900
  • Additional Parcels: No
  • Fencing: Board, Fenced, Wood
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 2229
  • Tax Block: 095
  • Tax Book Number: 1-79
  • Tax Lot: 11

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2024
Closed on
Jan 29, 2025
Sold by
Gema Properties Inc
Bought by
Farr Jonathan and Hackett Kathleen L
Seller's Agent
Sarah Bosch
THE BOSCH GROUP
Buyer's Agent
Jarene Mathias
RE/MAX PREMIER REALTY
List Price
$549,000
Sold Price
$509,500
Premium/Discount to List
-$39,500
-7.19%
Views
28
Current Estimated Value
$487,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,253
Avg. Annual Appreciation
-5.12%
Original Mortgage
$407,600
Outstanding Balance
$404,431
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$82,816

Purchase Details

Listed on
May 9, 2024
Closed on
May 24, 2024
Sold by
Bendo Peter Michael and Bendo Katherine
Bought by
Gema Properties Inc
Seller's Agent
Laura Krupar
ATRIUM REALTY, LLC
Buyer's Agent
Sarah Bosch
THE BOSCH GROUP
List Price
$349,000
Sold Price
$355,000
Premium/Discount to List
$6,000
1.72%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.82%

Purchase Details

Closed on
May 11, 2015
Sold by
Verkaik Richard
Bought by
Newell Albert Chan and Newell Monica Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,938
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 22, 2015
Sold by
Milkman Milkman Robert Louis Robert Louis
Bought by
Buckner Jeanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,938
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2005
Sold by
Eskritt Robert and Eskritt Susan
Bought by
Verkaik Richard
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 Type Sale Price Title Company
Warranty Deed $509,500 Watson Title
Warranty Deed $509,500 Watson Title
Warranty Deed $509,500 Watson Title
Warranty Deed $509,500 Watson Title
Warranty Deed $355,000 None Listed On Document
Warranty Deed $355,000 None Listed On Document
Warranty Deed $169,000 None Available
Warranty Deed $169,000 None Available
Warranty Deed $200,000 None Available
Warranty Deed $200,000 None Available
Warranty Deed $135,000 --
Warranty Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $407,600 New Conventional
Closed $407,600 New Conventional
Previous Owner $165,938 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2025 01/31/25 Sold $509,500 -5.5% $267 / Sq Ft
12/20/2024 12/20/24 Pending -- -- --
11/21/2024 11/21/24 Price Changed $539,000 -1.8% $282 / Sq Ft
10/27/2024 10/27/24 For Sale $549,000 +7.8% $288 / Sq Ft
10/16/2024 10/16/24 Off Market $509,500 -- --
10/15/2024 10/15/24 For Sale $549,000 +54.6% $288 / Sq Ft
05/24/2024 05/24/24 Sold $355,000 +1.7% $221 / Sq Ft View Prior Sale
05/12/2024 05/12/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $349,000 +5.8% $217 / Sq Ft
03/13/2023 03/13/23 Sold $330,000 +3.1% $205 / Sq Ft View Prior Sale
02/13/2023 02/13/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $320,000 -- $199 / 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 $4,683 $258,249 $68,141 $190,108
2025 $2,229 $232,086 $43,724 $188,362
2024 $2,229 $232,086 $43,724 $188,362
2023 $2,229 $153,700 $0 $0
2022 $2,183 $149,230 $0 $0
2021 $2,093 $144,890 $0 $0
2020 $2,150 $142,890 $0 $0
2019 $2,114 $139,678 $0 $0
2018 $2,020 $137,074 $0 $0
2017 $1,972 $134,255 $0 $0
2016 $2,003 $134,255 $0 $0
2015 $2,792 $125,406 $0 $0
2014 -- $123,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6249270

Stellar MLS

APN: 11-19-26-0100-095-00900