NOT LISTED FOR SALE

Clermont, FL 34711

Indian Hills Neighborhood

Estimated Value: $332,000 - $430,737

3 Beds
2 Baths
2,088 Sq Ft
$185/Sq Ft Est. Value

Last Sold March 21, 2022

Last sale price $300,000 $144 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,570/month

33 Days on Market

Highlights

  • No HOA
  • Fenced
  • 3-minute walk to Palatkalaha Park
  • Central Heating and Cooling System

About This Home

As of March 2022

Great investment and income opportunity. This well taken care of and nicely maintained duplex is in a very convenient location. Located close to Hwy 50, Close to Parks and recreational facilities, close to downtown Clermont, and with easy access to stores and shopping. Both sides are currently rented with month to month and both have long term tenants of more than 5 years.

Last Agent to Sell the Property

Bill Webb

BILL WEBB REAL ESTATE & INVEST License #129325 Listed on: 01/07/2022

Last Buyer's Agent

Stephanie Lance

ASANO REAL ESTATE LLC License #3337528

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,026

Year Built

  • Built in 1971

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 90x125
  • Fenced

Home Design

  • 2,088 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Schools

  • Clermont Elementary School
  • Gray Middle School
  • South Lake High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Clermont Sunset Park Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, water
  • Legal Lot and Block 2 / 126
  • Assessor Parcel Number 23-22-25-0500-126-00200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,026

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2088
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1971
  • Lot Size Sq Ft: 11250
  • Tenant Pays: Electricity, Water
  • Directions to Property: From west Hwy. 50 in Clermont turn left on 12th St. One block turn left on Chestnut St. Property is on left side.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5050235?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5050235?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.88365
  • Price per Sq Ft: 143.68
  • Close to Original List Price Ratio: 0.85714
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Master Bedroom Main Floor
  • Foundation Details: Slab
  • Levels: One
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12069C0570E
  • Disclosures: Lead Paint

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Clermont Elem
  • High School: South Lake High
  • Middle Or Junior School: Gray Middle

Lot Info

  • Zoning: R-2
  • Parcel Number: 23-22-25-0500-126-00200
  • Additional Parcels: No
  • Lot Dimensions: 90x125
  • Flood Zone Code: X
  • Flood Zone Date: 2012-12-18

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3026.08
  • Tax Block: 126
  • Tax Book Number: 8-18-23
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Mar 21, 2022
Sold by
Langley Steve G
Bought by
Lance Stephanie
Seller's Agent
Bill Webb
BILL WEBB REAL ESTATE & INVEST
Buyer's Agent
Stephanie Lance
ASANO REAL ESTATE LLC
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Total Days on Market
33
Current Estimated Value
$383,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,267
Avg. Annual Appreciation
10.06%
Original Mortgage
$225,000
Outstanding Balance
$213,298
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$201,121

Purchase Details

Closed on
Oct 1, 1999
Sold by
Madden Alice M
Bought by
Madden Alice M
Source: Public Records

Range of Values:

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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
Lance Stephanie $300,000 None Listed On Document
Madden Alice M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lance Stephanie $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $300,000 -11.6% $144 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
02/04/2022 02/04/22 Price Changed $339,500 -3.0% $163 / Sq Ft
01/06/2022 01/06/22 For Sale $350,000 -- $168 / 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 $5,432 $357,908 $135,000 $222,908
2024 $4,665 $357,908 $135,000 $222,908
2023 $4,665 $269,169 $84,375 $184,794
2022 $3,549 $241,044 $56,250 $184,794
2021 $3,026 $197,539 $0 $0
2020 $2,859 $192,401 $0 $0
2019 $2,843 $192,401 $0 $0
2018 $2,338 $145,393 $0 $0
2017 $2,150 $133,466 $0 $0
2016 $1,958 $116,122 $0 $0
2015 $1,819 $103,210 $0 $0
2014 $1,596 $89,688 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Webb

    Seller's Agent in 2022

    Bill Webb

    BILL WEBB REAL ESTATE & INVEST

    (352) 408-7375

    5 in this area

    31 Total Sales

    Section Image
  • Stephanie Lance

    Buyer's Agent in 2022

    Stephanie Lance

    ASANO REAL ESTATE LLC

    (407) 967-0766

    1 in this area

    2 Total Sales

    Section Image
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Source: Stellar MLS

MLS Number: G5050235

Stellar MLS

APN: 23-22-25-0500-126-00200

Florida Lake County Clermont 34711

Indian Hills

This home since 07 January 2022 and is currently estimated at $386,184, approximately $184 per square foot. This property was built in 1971. This home is a home located in Lake County with nearby schools including South Lake Montessori School, Wesley Christian Academy, and Citrus Heights Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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