NOT LISTED FOR SALE

8125 the Meres Dr Mount Dora, FL 32757

Estimated Value: $1,160,000

1.98 Acres
$585,859 Price per Acre
86,249 Sq Ft Lot

Last Sold March 02, 2018

Last sale price $450,000

Est. 158% increase in value since last sale

Current estimated payment $7,049/month

11 Days on Market

Highlights

  • 203 Feet of Waterfront
  • 1.98 Acre Lot
  • Heating Available
  • Lake View
  • Oversized Lot

About This Lot

As of March 2018

Rare, absolutely stunning nearly two acre vacant lot (high and dry) in Orange County on Lake Beauclair of the Harris Chain of Lakes. Enjoy the peace and serenity of this glorious location accessed via a quaint private road. First time offered on the market, this is a very unique opportunity. The lot is cleared and ready for your dream home with unbelievable views of Lake Beauclair. Bring your own builder and build now or later, there is no time restriction for building. A very short distance to Mount Dora shops and restaurants. Opportunities like this don't come along very often, hurry! All information contained herein deemed reliable but not guaranteed. Buyer and buyer's agent to verify all information.

Last Agent to Sell the Property

JEFFREY DURST

JEFFREY DURST, BROKER License #3021878 Listed on: 01/23/2018

Last Buyer's Agent

Peggy McArdle Graef

ORLANDO FINE PROPERTIES LLC License #3028772

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,747

Lot Details

  • 1.98 Acre Lot
  • Lot Dimensions are 203x336
  • 203 Feet of Waterfront
  • Property fronts a lake that is connected to a chain of lakes
  • Property fronts a private road
  • Oversized Lot
  • Property is zoned R-CE

Property Views

  • Chain Of Lake Views

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Legal Lot and Block 5 / 5582/00
  • Assessor Parcel Number 06-20-27-5582-00-040

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include ground maintenance
  • The Meres Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Access To Chain Of Lakes
  • Access To Lake
  • Water Skiing Allowed

Property Details

Property Type

Land

Est. Annual Taxes

$2,747

Lot Details

0

Listing Details

  • HOA Fee Includes: Maintenance Grounds
  • Property Type: Land
  • Lot Size Acres: 1.98
  • Lot Size Sq Ft: 86115
  • Directions to Property: Earlwood Avenue to Right on Dora Drive. Dora Drive turns into Beauclair Avenue at the turn. The Meres Drive will be on the left. Follow The Meres drive to end of the cul de sac, the lot is straight ahead, to the right of the house at 8124 The Meres.
  • Status: Sold
  • Total Acreage: 1 to less than 2
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.90018
  • Price per Sq Ft: 5.23
  • Close to Original List Price Ratio: 0.90018
  • View: Yes
  • Tax Year: 2017
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 8125

Exterior Features

  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: Lake Beauclair
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Lake, Lake - Chain of Lakes
  • Water Access: Lake, Lake - Chain of Lakes
  • Water Extras: Skiing Allowed
  • Water View Y N: Yes
  • Front Footage: 104
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12095C0020F
  • Waterfront Frontage: 203
  • Additional Water Information: Harris Chain of Lakes, Lakefront on Lake Beauclair
  • Water Frontage Feet Lake Chain: 203
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well, Well Required
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee Frequency: Annually
  • Association: Yes
  • Amenities Additional Fees: Road is private, owned by The Meres HOA. All lot owners share the cost equally for any and all maintenance that is required. No dues are collected on a regular basis.
  • Association Fee Requirement: Required

Lot Info

  • Zoning: R-CE
  • Parcel Number: 06-20-27-5582-00-040
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: In County, Oversized Lot
  • Lot Dimensions: 203x336
  • Price Per Acre: 227273
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • Current Adjacent Use: Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No
  • Pet Restrictions: No farm animals, see HOA restrictions.

Tax Info

  • Tax Annual Amount: 2747
  • Tax Block: 5582/00
  • Tax Book Number: 24-81
  • Tax Lot: 5

Multi Family

  • Waterfront Features: Lake - Chain of Lakes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2021
Sold by
House Jeffrey T and House Dorlinda V
Bought by
Bandy Robert and Bandy Nicole
Current Estimated Value
$1,160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,762,500
Outstanding Balance
$1,612,997
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
-$960,997

Purchase Details

Closed on
Apr 10, 2019
Sold by
Yahn Mark and Yahn Laurie
Bought by
House Jeffrey T and House Dorlinda V

Purchase Details

Listed on
Jan 23, 2018
Closed on
Mar 2, 2018
Sold by
Bland Mary Jane and Bland T W
Bought by
Yahn Mark and Yahn Laurie
Seller's Agent
JEFFREY DURST
JEFFREY DURST, BROKER
Buyer's Agent
Peggy McArdle Graef
ORLANDO FINE PROPERTIES LLC
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$337,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 26, 2006
Sold by
Bland W T
Bought by
Bland W T and Bland Mary Jane

Purchase Details

Closed on
Aug 30, 1994
Sold by
Vanderlee F P M and Vanderlee Henricus C
Bought by
Bland W T and Bland Lois V L
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
Bandy Robert $2,350,000 Attorney
House Jeffrey T $625,000 Attorney
Yahn Mark $450,000 First American Title Insuran
Bland W T -- Attorney
Bland W T $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bandy Robert L $500,000
Open Bandy Robert $1,762,500
Previous Owner Yahn Mark $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2018 03/02/18 Sold $450,000 -10.0% --
02/03/2018 02/03/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $499,900 -- --
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 $8,372 $520,000 $520,000 --
2024 $8,038 $520,000 $520,000 --
2023 $8,038 $520,000 $520,000 $0
2022 $8,069 $520,000 $520,000 $0
2021 $8,223 $520,000 $520,000 $0
2020 $7,959 $520,000 $520,000 $0
2019 $5,997 $370,000 $370,000 $0
2018 $2,889 $200,000 $200,000 $0
2017 $2,796 $200,000 $200,000 $0
2016 $2,747 $200,000 $200,000 $0
2015 $2,723 $200,000 $200,000 $0
2014 $2,677 $200,000 $200,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5558186

Stellar MLS

APN: 06-2027-5582-00-040