NOT LISTED FOR SALE

7617 Teakwood Place Mount Dora, FL 32757

Estimated Value: $1,361,316

5 Beds
5 Baths
5,834 Sq Ft
$233/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $701,500 $120 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $8,652/month

131 Days on Market

Highlights

  • 130 Feet of Waterfront
  • Greenhouse
  • Custom Home
  • Dock Does Not Have A Water Supply
  • Gunite Pool
  • Lake View

About This Home

As of September 2019

LAKE OLA LAKEFRONT- Florida Beauty. Privacy prevails as you enter thru the gated entrance & lush landscaping. Stamped stone Porch design welcomes you to the Open Floor Plan. (Don't like Green Carpet)? No Problem! SELLER PROVIDING $2,000 CONCESSION for Flooring. You can see why this Home is a Family Gathering Place with relaxing views of the Lake, Patio, Pool Area and Custom Fire Pit. Grab your mug of Coffee or Glass of Wine at the Kitchen Bar and Island with Granite Countertops, Custom Wood Cabinetry. It's a Chef's Delight and the Hub of Activity with Built In Convection Oven(s), Microwave, Gas Cook Top, and Wine Frig. The Office/Library complete with Built-In Cherry Wood Desk and Bookcases are conveniently located off the Great Room. Second Floor provides a private Sitting Room plus 4 Guest Bedrooms, each with unique design. Don't miss the Man Cave and Outdoor Nature Mural or the Private "Pink Room" with Balcony overlooking the Lake. The Second Floor is also home to your Hobby/Media Room, Laundry area plus the expansive 5th Bedroom which occupies the entire east end of the 2nd floor. The Huge Private Master Suite occupies the Entire 3rd floor with Breathtaking Views of the Lake, with Fire Place, Walk-In Shower, Jetted Tub and Walk In Closet. Oversized Tandem Garage with Workshop and Extra Parking Pad provides plenty of room for Boats & Toys. Private Covered Dock w/Boat Lift For Fun in the Sun VIEW ATTACHMENTS & TOUR TOP OF LISTING TO SEE AMAZING AERIAL TOUR (SELLER PROVIDING HOME WARRANTY FOR BUYER)

Last Agent to Sell the Property

Lynn Bucklew

COLDWELL BANKER VANGUARD EDGE License #634634 Listed on: 04/04/2019

COLDWELL BANKER VANGUARD EDGE

Last Buyer's Agent

Bryan Stults

License #3307511

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,546

Year Built

  • Built in 1996

Lot Details

  • 1.4 Acre Lot
  • 130 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Unincorporated Location
  • South Facing Home
  • Mature Landscaping
  • Irrigation
  • Wooded Lot
  • Landscaped with Trees
  • Property is zoned R-CE

Parking

  • 4 Car Attached Garage
  • Parking Pad
  • Workshop in Garage
  • Tandem Parking
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Custom Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,834 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • French Doors
  • Family Room Off Kitchen
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights
  • Security Gate
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Pest Guard System

Outdoor Features

  • Gunite Pool
  • Access To Lake
  • Water Skiing Allowed
  • Dock Does Not Have A Water Supply
  • Covered Dock
  • Dock made with wood
  • Open Dock
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Greenhouse

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Propane
  • Water Filtration System
  • Well
  • Electric Water Heater
  • Water Softener
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sloewood East Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,546

Year Built

Built in 1996

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 5834
  • Lot Size Acres: 1.4
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 8176
  • Lot Size Sq Ft: 61027
  • Directions to Property: Hwy 441 South from Mt. Dora, turn right on Sadler Road, turn right onto Sloewood Court, take 1st left on Teakwood Place, home is at end on the right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5014167&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5014167&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Ratio: Close Price\List Price: 0.87698
  • Price per Sq Ft: 120.24
  • Close to Original List Price Ratio: 0.84315
  • Ratio: Current Price\Building Area Total: 85.8
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Estimated
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Travertine, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Pest Guard System, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Filtration System, Water Softener, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Street Number Modifier: 7617
  • Room Count: 12
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Direction Faces: South
  • Other Structures: Greenhouse
  • Pool Features: Gunite
  • Exterior Features: Balcony, French Doors, Irrigation System, Lighting, Sidewalk
  • Roof: Shingle
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End
  • Water Body Name: Lake Ola
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio, Rear Porch
  • Water View: Lake
  • Water Access: Lake
  • Water Extras: Dock - Covered, Dock - Open, Dock - Wood, Dock w/Electric, Dock w/o Water Supply, Lift - Covered, Skiing Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12095C0100F
  • Waterfront Frontage: 130
  • Water Frontage Feet Lake: 130
  • Additional Water Information: 439 acres

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Oversized, Parking Pad, Tandem, Workshop in Garage
  • Covered Parking Spaces: 4
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Propane, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Fire Sprinkler System, Security Gate, Security Lights, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: R-CE
  • Parcel Number: 17-20-27-8088-00-210
  • Additional Parcels: No
  • Lot Features: In County, Unincorporated
  • 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: 11546
  • Tax Block: 00
  • Tax Book Number: 8-83
  • Tax Lot: 21

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
Sep 27, 2019
Sold by
Alexander Julia A
Bought by
Bender Nathan and Bender Julie Lynn
Seller's Agent
Lynn Bucklew
COLDWELL BANKER VANGUARD EDGE
Buyer's Agent
Bryan Stults
List Price
$832,000
Sold Price
$701,500
Premium/Discount to List
-$130,500
-15.69%
Current Estimated Value
$1,361,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$659,816
Avg. Annual Appreciation
11.48%
Original Mortgage
$260,000
Outstanding Balance
$178,710
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,151,835
Source: Public Records

Range of Values:

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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
Bender Nathan $701,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bender Nathan $260,000
Previous Owner Alexander Julia F $163,700
Previous Owner Petteway Janice G $377,000
Previous Owner Petteway Janice G $100,000
Previous Owner Petteway Janice G $99,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $701,500 -12.3% $120 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
05/09/2019 05/09/19 Price Changed $799,900 -1.9% $137 / Sq Ft
04/23/2019 04/23/19 Price Changed $815,000 -2.0% $140 / Sq Ft
04/03/2019 04/03/19 For Sale $832,000 -- $143 / 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 $14,823 $855,944 -- --
2024 $13,875 $855,944 -- --
2023 $13,875 $807,593 $0 $0
2022 $13,458 $784,071 $0 $0
2021 $13,266 $761,234 $0 $0
2020 $11,222 $668,312 $0 $0
2019 $11,658 $659,004 $0 $0
2018 $11,546 $646,716 $0 $0
2017 $11,400 $688,738 $215,000 $473,738
2016 $11,346 $676,039 $215,000 $461,039
2015 $10,946 $685,254 $215,000 $470,254
2014 $11,042 $645,346 $235,000 $410,346
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5014167

Stellar MLS

APN: 17-2027-8088-00-210