NOT LISTED FOR SALE

Estimated Value: $213,000 - $269,000

2 Beds
2 Baths
1,235 Sq Ft
$188/Sq Ft Est. Value

Last Sold May 13, 2019

Last sale price $112,500 $91 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,480/month

296 Days on Market

Highlights

  • No HOA
  • Outdoor Storage
  • Fenced
  • Covered Patio or Porch
  • Central Heating and Cooling System

About This Home

As of May 2019

Fantastic investment opportunity. This bungalow style duplex is situated on an oversized lot that is partially fenced and is centrally located to downtown Eustis, shopping, dining, parks and recreation. 2 Units, each unit includes 1 bedroom, 1 full bath, with a living room, kitchen, and storage area. Unit A also offers an open front porch and washer/dryer hook up. The pictures shown are of Unit A only. Unit B has had more interior updates but do not have pictures at this time. Both units have central heat and air. Metal Roof is approximately 20 years old. Plumbing and electrical has been updated throughout the years. Both units are occupied. Unit A is shown in the pictures and available to see with 24 hour notice.

Last Agent to Sell the Property

Jarene Mathias

RE/MAX PREMIER REALTY License #651975 Listed on: 07/15/2018

RE/MAX PREMIER REALTY

Last Buyer's Agent

Jennifer Garrison

GARRISON REALTY GROUP LLC License #3271321

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,329

Year Built

  • Built in 1924

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 145 x 95
  • Fenced

Home Design

  • 1,235 Sq Ft Home
  • Duplex
  • Steel Frame
  • Wood Frame Construction
  • Metal Roof

Kitchen

  • Range

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, water
  • Legal Lot and Block 3 / 17
  • Assessor Parcel Number 14-19-26-040001700100

Community Details

Overview

  • No Home Owners Association
  • 1,456 Sq Ft Building
  • Eustis Bishops Subdivision

Building Details

  • Gross Income $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,329

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Metal Frame, Wood Frame
  • Fireplace: No
  • Living Area: 1235
  • Lot Size Acres: 0.27
  • New Construction: No
  • Year Built: 1924
  • Building Area Total: 1456
  • Lot Size Sq Ft: 11616
  • Tenant Pays: Electricity, Water
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5003697&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5003697&cview=true&show_results=true&customer_portal=true
  • Unit Count: 1
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9375
  • Price per Sq Ft: 91.09
  • Close to Original List Price Ratio: 0.75
  • Ratio: Current Price\Building Area Total: 77.27
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Appliances Included: Range, Refrigerator
  • Levels: One
  • Number Of Buildings: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Fenced, Sidewalk, Storage
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12069C0358E
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: No

Lot Info

  • Zoning: RT
  • Parcel Number: 14-19-26-040001700100
  • Additional Parcels: No
  • Lot Dimensions: 145 x 95
  • Flood Zone Code: X
  • Flood Zone Date: 2012-12-18
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 1250

Multi Family

  • Gross Income: 15000
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1329
  • Tax Block: 17
  • Tax Book Number: 2-4
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2021
Sold by
Heirloom Real Estate Llc
Bought by
Gelvez Thalia K
Current Estimated Value
$231,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Outstanding Balance
$186,803
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$44,857

Purchase Details

Closed on
Jul 31, 2020
Sold by
Herington Krista
Bought by
Heirloom Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 15, 2018
Closed on
May 13, 2019
Sold by
Bazinet Richard James
Bought by
Herington Krista
Seller's Agent
Jarene Mathias
RE/MAX PREMIER REALTY
Buyer's Agent
Jennifer Garrison
GARRISON REALTY GROUP LLC
List Price
$120,000
Sold Price
$112,500
Premium/Discount to List
-$7,500
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.55%

Purchase Details

Closed on
Sep 20, 2002
Sold by
Bazinet Richard A
Bought by
Bazinet Richard James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2001
Sold by
Molnar Dorothy A
Bought by
Bazinet Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gelvez Thalia K $210,000 Professional Title Agency
Heirloom Real Estate Llc $134,000 Professional Title Agency
Herington Krista $112,500 Fidelity Natl Ttl Of Fl Inc
Bazinet Richard James $65,000 --
Bazinet Richard A $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gelvez Thalia K $206,196
Previous Owner Heirloom Real Estate Llc $107,000
Previous Owner Bazinet Richard James $52,000
Previous Owner Bazinet Richard A $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2019 05/13/19 Sold $112,500 -6.3% $91 / Sq Ft
05/04/2019 05/04/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $120,000 0.0% $97 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
04/02/2019 04/02/19 Price Changed $120,000 -7.7% $97 / Sq Ft
11/28/2018 11/28/18 Price Changed $130,000 -7.1% $105 / Sq Ft
09/07/2018 09/07/18 Price Changed $139,900 -6.7% $113 / Sq Ft
07/12/2018 07/12/18 For Sale $150,000 +145.9% $121 / Sq Ft
12/07/2012 12/07/12 Sold $61,000 +3.4% $45 / Sq Ft View Prior Sale
09/24/2012 09/24/12 Pending -- -- --
09/24/2012 09/24/12 For Sale $59,000 -- $43 / 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
2026 $3,156 $156,423 $45,584 $110,839
2025 $3,063 $156,423 $45,584 $110,839
2024 $3,063 $156,423 $45,584 $110,839
2023 $3,063 $153,150 $45,584 $107,566
2022 $3,007 $147,225 $41,026 $106,199
2021 $2,241 $110,256 $0 $0
2020 $2,005 $93,924 $0 $0
2019 $1,501 $71,245 $0 $0
2018 $1,329 $62,181 $0 $0
2017 $1,241 $57,864 $0 $0
2016 $1,258 $57,864 $0 $0
2015 $1,269 $56,999 $0 $0
2014 $1,260 $56,212 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: G5003697

Stellar MLS

APN: 14-19-26-0400-017-00100