NOT LISTED FOR SALE

7140 Lake Ola Dr Mount Dora, FL 32757

Estimated Value: $488,000 - $618,000

3 Beds
2 Baths
2,198 Sq Ft
$238/Sq Ft Est. Value

About This Home

This home is located at 7140 Lake Ola Dr, Mount Dora, FL 32757 and is currently estimated at $523,596, approximately $238 per square foot. 7140 Lake Ola Dr is a home located in Orange County with nearby schools including Zellwood Elementary School, Wolf Lake Middle School, and Apopka High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2020
Sold by
Scott Heather
Bought by
Scott Frank Downes
Current Estimated Value
$523,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,280
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2017
Sold by
Scott Frank and Scott Heather
Bought by
Scott Frank Downes and Scott Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,600
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2015
Sold by
Henry Melvin D
Bought by
Scott Frank and Scott Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 1997
Sold by
Estey Ward S
Bought by
Henry Melvin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,200
Interest Rate
7.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Scott Frank Downes -- Attorney
Scott Frank Downes $132,000 Attorney
Scott Frank $275,000 None Available
Henry Melvin D $141,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downes Scott Frank $60,000
Open Scott Frank Downes $311,094
Closed Scott Frank Downes $288,280
Previous Owner Scott Frank Downes $289,600
Previous Owner Scott Frank $270,019
Previous Owner Henry Melvin D $113,200
Source: Public Records

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 $4,583 $285,754 -- --
2024 $4,285 $285,754 -- --
2023 $4,285 $269,613 $0 $0
2022 $4,131 $261,760 $0 $0
2021 $4,055 $254,136 $0 $0
2020 $3,856 $250,627 $0 $0
2019 $3,958 $244,992 $188,100 $56,892
2018 $4,009 $245,313 $188,100 $57,213
2017 $4,118 $249,539 $188,100 $61,439
2016 $4,159 $248,542 $188,100 $60,442
2015 $4,572 $237,869 $188,100 $49,769
2014 -- $246,747 $209,000 $37,747
Source: Public Records

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