NOT LISTED FOR SALE

7047 Lake Ola Dr Mount Dora, FL 32757

Estimated Value: $589,752 - $692,000

4 Beds
3 Baths
3,019 Sq Ft
$211/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $550,000 $182 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,068/month

8 Days on Market

Highlights

  • Lake View
  • Stone Countertops
  • 2 Car Attached Garage
  • Open Floorplan
  • No HOA
  • In-Law or Guest Suite

About This Home

As of July 2022

Welcome to this beautiful ranch style home with walking distance to Lake Ola providing stunning views and breezes. Situated on half an acre with no HOA the possibilities are endless. With an open floor plan, beautiful stone wood fireplace this home lacks nothing. It features 4 bedrooms and 3 full bathrooms, and screened-in front patio. It was completely updated in 2020 with a new roof in 2017. The home has an attached mother-in-law suite with a private entrance. Located with easy access to Downtown Mount Dora this home will make your dreams come true. Access to SR-429 helps you to quickly reach Downtown Orlando and the airport. This home won’t last, schedule your private showing today!

Last Agent to Sell the Property

Erica Diaz

HOMEVEST REALTY License #3301261 Listed on: 06/01/2022

HOMEVEST REALTY

Co-Listed By

Nicholas MacGrath

EXP REALTY LLC License #3449064

Last Buyer's Agent

Shawna LaFont

EXIT REAL ESTATE RESULTS License #3248185

EXIT REAL ESTATE RESULTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,328

Year Built

  • Built in 1974

Lot Details

  • 0.44 Acre Lot
  • South Facing Home
  • Fenced
  • Property is zoned R-1A

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,019 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Lake Views
  • Laundry in Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Home Security

  • Security Lights
  • Fire and Smoke Detector

Outdoor Features

  • Rain Gutters

Schools

  • Zellwood Elementary School
  • Wolf Lake Middle School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lake Ola Terrace Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,328

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 3019
  • Lot Size Acres: 0.44
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 3265
  • Lot Size Sq Ft: 19368
  • Directions to Property: Merge onto FL-429 N. Use the right 2 lanes to take the exit toward Plymouth Sorrento Rd/County Rd 437. Keep left at the fork, follow signs for US-441/Orange Blossom Tr. Use any lane to turn slightly left onto SR 429 Connector Rd. Use the right 2 lanes to turn right onto US-441 N/W Orange Blossom Trail. Turn left onto Lake Ola Dr. Destination will be on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6030146?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6030146?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.91667
  • Price per Sq Ft: 182.18
  • Close to Original List Price Ratio: 0.91667
  • Ratio: Current Price\Building Area Total: 168.45
  • View: No
  • Co List Office Mls Id: 54033
  • Co List Office Phone: 407-897-5400
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 7047
  • Room Count: 3
  • Additional Rooms: Interior In-Law Suite

Exterior Features

  • Direction Faces: South
  • Exterior Features: Fenced, Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Lake Ola
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Septic Tank
  • Water Source: Public
  • Public Remarks Required: One or more photo(s) has been virtually staged.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security Lights, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Zellwood Elem
  • Middle Or Junior School: Wolf Lake Middle

Lot Info

  • Zoning: R-1A
  • Parcel Number: 08-20-27-4706-00-080
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Minimum Lease: 7 Months
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Buyer to verify

Tax Info

  • Tax Annual Amount: 3328.43
  • Tax Block: 00
  • Tax Book Number: W-135
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 26, 2022
Sold by
David Cothern Michael and David Elizabet Kathryn
Bought by
Bickerstaff Nikki S and Bickerstaff Kristopher A
Seller's Agent
Erica Diaz
HOMEVEST REALTY
Buyer's Agent
Shawna LaFont
EXIT REAL ESTATE RESULTS
List Price
$600,000
Sold Price
$550,000
Premium/Discount to List
-$50,000
-8.33%
Current Estimated Value
$637,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,938
Avg. Annual Appreciation
5.31%
Original Mortgage
$522,500
Outstanding Balance
$503,251
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$142,075

Purchase Details

Listed on
Feb 5, 2019
Closed on
Jan 6, 2020
Sold by
Doherty Roy and Doherty Wanda Lee
Bought by
Cothern Michael David and Cothern Kathryn Elizabeth
Seller's Agent
Hojin Chang
RE/MAX PRIME PROPERTIES
Buyer's Agent
Hojin Chang
RE/MAX PRIME PROPERTIES
List Price
$350,000
Sold Price
$275,000
Premium/Discount to List
-$75,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.24%
Original Mortgage
$223,850
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2014
Sold by
Doherty Roy and Doherty Wanda
Bought by
Doherty Roy and Doherty Wanda

Purchase Details

Closed on
Aug 19, 1998
Sold by
Fox William E and Fox Esther M
Bought by
Stevens Brian and Stevens Dionne P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,200
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 1994
Sold by
Fox William E and Fox Esther M
Bought by
Fox William E and Fox Esther M
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
Bickerstaff Nikki S $550,000 Clear Title
Cothern Michael David $275,000 Shipley Law Firm & Title Co
Doherty Roy -- Attorney
Stevens Brian $116,000 --
Fox William E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bickerstaff Nikki S $522,500
Previous Owner Cothern Michael David $223,850
Previous Owner Doherty Roy $50,000
Previous Owner Doherty Roy $120,000
Previous Owner Stevens Brian $110,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Sold $550,000 -8.3% $182 / Sq Ft
06/01/2022 06/01/22 For Sale $600,000 +118.2% $199 / Sq Ft
01/08/2020 01/08/20 Sold $275,000 -11.3% $91 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
11/01/2019 11/01/19 Price Changed $309,995 0.0% $103 / Sq Ft
10/22/2019 10/22/19 Price Changed $309,996 0.0% $103 / Sq Ft
10/21/2019 10/21/19 Price Changed $309,997 0.0% $103 / Sq Ft
10/15/2019 10/15/19 Price Changed $309,998 0.0% $103 / Sq Ft
10/07/2019 10/07/19 Price Changed $309,999 -1.9% $103 / Sq Ft
10/04/2019 10/04/19 Price Changed $315,897 0.0% $105 / Sq Ft
09/25/2019 09/25/19 Price Changed $315,898 0.0% $105 / Sq Ft
09/19/2019 09/19/19 Price Changed $315,899 0.0% $105 / Sq Ft
08/19/2019 08/19/19 Price Changed $315,900 -5.7% $105 / Sq Ft
08/06/2019 08/06/19 Price Changed $334,998 0.0% $111 / Sq Ft
07/16/2019 07/16/19 Price Changed $334,999 0.0% $111 / Sq Ft
07/05/2019 07/05/19 Price Changed $335,000 -2.9% $111 / Sq Ft
06/28/2019 06/28/19 Price Changed $345,000 -0.7% $114 / Sq Ft
06/04/2019 06/04/19 Price Changed $347,500 -0.7% $115 / Sq Ft
05/17/2019 05/17/19 Price Changed $349,998 0.0% $116 / Sq Ft
05/14/2019 05/14/19 Price Changed $349,999 0.0% $116 / Sq Ft
02/05/2019 02/05/19 For Sale $350,000 -- $116 / 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 $7,100 $475,739 -- --
2024 $6,616 $475,739 -- --
2023 $6,616 $448,865 $75,000 $373,865
2022 $3,386 $241,043 $0 $0
2021 $3,328 $234,022 $65,000 $169,022
2020 $2,153 $164,577 $32,000 $132,577
2019 $2,285 $165,804 $0 $0
2018 $2,262 $162,712 $0 $0
2017 $2,222 $162,823 $32,000 $130,823
2016 $2,194 $160,232 $32,000 $128,232
2015 $2,230 $155,002 $32,000 $123,002
2014 $1,464 $123,380 $32,000 $91,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6030146

Stellar MLS

APN: 08-2027-4706-00-080