NOT LISTED FOR SALE

7056 Wright Ave Mount Dora, FL 32757

Estimated Value: $373,248 - $443,000

3 Beds
2 Baths
1,664 Sq Ft
$240/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $253,000 $152 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,285/month

61 Days on Market

Highlights

  • Parking available for a boat
  • Open Floorplan
  • Living Room with Fireplace
  • Screened Pool
  • Deck
  • 1-minute walk to West Tangerine Park

About This Home

As of May 2018

Tangerine Community is a quiet, peaceful neighborhood and is absolutely adorable! Seller has meticulously cared for this 3 bedroom/2 bath pool home, from the inside out. The gardens are spectacular! The kitchen has been upgraded with stainless appliances, laminate flooring, and a lovely brick backsplash. The laminate flooring carries throughout the living/dining areas, as well as the master bedroom. The electric fireplace in the living room gives you a cozy feel while entertaining or relaxing. A/C was replaced in 2017! Enclosed RV/Boat parking area with a utility shed/workshop, complete with electric & water. French doors lead you from the master to the screen-enclosed lanai and pool. Newer pool pump. Garage has a fresh apoxy finish on the floor and offers cabinets for storage, along with a tankless water heater and a deep sink. Most furnishings are negotiable, so this home has great potential as a short-term rental and/or a seasonal home as a possible turnkey investment. Great family home too! LOCATION, LOCATION, LOCATION! Only 5 minutes from historic downtown Mount Dora where shopping, boat tours, parks, dining, music, and year-around festivals can be enjoyed. Easy access to US Hwy 441, SR 46, and 429, which makes for an easy commute to OIA and all Orlando attractions.

Last Agent to Sell the Property

Holly Farley

RE/MAX PREMIER REALTY License #3022667 Listed on: 02/20/2018

RE/MAX PREMIER REALTY

Last Buyer's Agent

Derick Tombros

License #3407610

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,578

Year Built

  • Built in 1989

Lot Details

  • 0.33 Acre Lot
  • Fenced
  • Mature Landscaping
  • Corner Lot
  • Irrigation
  • Property is zoned R-1AA

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking
  • Parking available for a boat

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,664 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Blinds
  • French Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Inside Utility
  • Garden Views
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tangerine Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,578

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 1664
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1989
  • Building Area Total: 2288
  • Lot Size Sq Ft: 14323
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G4853221&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G4853221&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.95472
  • Price per Sq Ft: 152.04
  • Close to Original List Price Ratio: 0.92
  • Ratio: Current Price\Building Area Total: 110.58
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Electric, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Attic, Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Room Count: 8
  • Additional Rooms: Attic, Florida Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s), Workshop
  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Exterior Features: Fenced, French Doors, Irrigation System
  • Roof: Shingle
  • Pool Private: Yes
  • View: Garden
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0020F
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Boat, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Amenities Additional Fees: Walk across the street to Tangerine Park and enjoy 1/4 mile walking path, playground, and picnic area.
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Lot Info

  • Zoning: R-1AA
  • Parcel Number: 08-20-27-8559-07-170
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2578
  • Tax Block: 7
  • Tax Book Number: 3-599
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2018
Closed on
May 18, 2018
Sold by
Mcmanus William R and Mcmanus Heather
Bought by
Lockhart Harry and Lockhart Charlotte
Seller's Agent
Holly Farley
RE/MAX PREMIER REALTY
Buyer's Agent
Derick Tombros
List Price
$265,000
Sold Price
$253,000
Premium/Discount to List
-$12,000
-4.53%
Current Estimated Value
$399,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,062
Avg. Annual Appreciation
6.15%
Original Mortgage
$240,350
Outstanding Balance
$206,949
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$192,113

Purchase Details

Listed on
Sep 16, 2011
Closed on
Mar 26, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mcmanus William R
Seller's Agent
Jeff Perry
FLORIDA REALTY RESULTS LLC
Buyer's Agent
Michele Lowe
DAVE LOWE REALTY, INC.
List Price
$88,000
Sold Price
$88,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.73%
Original Mortgage
$93,877
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2011
Sold by
Wells Fargo Bank N A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 9, 2011
Sold by
Scott Paul D and Scott Deborah A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 16, 2006
Sold by
Wise Willie R
Bought by
Scott Paul D and Scott Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,800
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2002
Sold by
Dorothy J Music and Franklin R Music
Bought by
Wise Earl D and Wise Willlie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,750
Interest Rate
6.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lockhart Harry $253,000 Attorney
Mcmanus William R $88,000 New House Title Llc
Federal Home Loan Mortgage Corporation -- New House Title
Wells Fargo Bank Na -- None Available
Scott Paul D $218,500 Attorney
Wise Earl D $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lockhart Harry $240,350
Previous Owner Mcmanus William R $93,877
Previous Owner Scott Paul D $174,800
Previous Owner Wise Earl D $100,000
Previous Owner Wise Earl D $74,750
Previous Owner Wise Earl D $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2018 05/18/18 Sold $253,000 -4.5% $152 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
04/15/2018 04/15/18 For Sale $265,000 0.0% $159 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
04/09/2018 04/09/18 Price Changed $265,000 0.0% $159 / Sq Ft
04/09/2018 04/09/18 For Sale $265,000 +4.7% $159 / Sq Ft
03/21/2018 03/21/18 Off Market $253,000 -- --
02/20/2018 02/20/18 For Sale $275,000 +212.5% $165 / Sq Ft
05/26/2015 05/26/15 Off Market $88,000 -- --
03/26/2012 03/26/12 Sold $88,000 0.0% $53 / Sq Ft View Prior Sale
01/18/2012 01/18/12 Pending -- -- --
09/16/2011 09/16/11 For Sale $88,000 -- $53 / 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 $2,375 $174,961 -- --
2024 $2,216 $170,030 -- --
2023 $2,216 $160,425 $0 $0
2022 $2,112 $155,752 $0 $0
2021 $2,069 $151,216 $0 $0
2020 $1,965 $149,128 $0 $0
2019 $2,010 $145,775 $0 $0
2018 $2,806 $155,070 $25,000 $130,070
2017 $2,578 $139,931 $22,000 $117,931
2016 $2,563 $137,296 $22,000 $115,296
2015 $2,513 $131,113 $22,000 $109,113
2014 $1,472 $108,110 $19,523 $88,587
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G4853221

Stellar MLS

APN: 08-2027-8559-07-170