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$219,000

Beds
3
Baths
1.0
sq ft
1,072

1350 Morningside St, Mount Dora, FL 32757

1350 Morningside St

MOUNT DORA, FL 32757

  • 3 days on market
MOUNT DORA. Last refurbished in 2021, Mid Century Modern- 3/1. Plumbing & Electrical have been updated. Constructed in 2003, the property features a HUGE- HD Aluminum 24'x18' detached-garage w/ lockable roll up door. This garage appears to have been designed with the intention of accommodating and restoring vehicles originally. Equipped w/ 200-amp service ~ (3) ~ 220 outlets and its own dedicated breaker box inside. Washer/Dryer hookups within and connected to properties drain field in rear / backyard of the lot. It's ready for your next project and/or to provide you with the personal / business storage you need. Roof is less than 4 years old, and the drain-field is less than 6 years old. New double pain windows and ceiling fans installed in 2021. Newer HWH. Home is equipped with three mini-split air conditioning units. NOTE: Mini-split units were damaged during Hurricane Milton (mid October 2024) due to a power surge and are currently inoperable. Also, due to process involved in replacing old electrical wiring and bring up to code, there is a small gap (in some areas) between the top of the drywall and the ceiling. Property owner started to repair/refinish this gap in someplace but is incomplete. Open to negotiating a solution for both items as needed. All appliances convey. This property offers substantial future potential due it its convenient & desirable location. Multiple side / backroads can be used to access the property to stay off of busy SR 441. Mount Dora Middle/High schools zoned. City water/trash pick up included in utility bill/property taxes. High Speed Internet connected. Fiber optic available. Central to the best local shopping, dining, waterfronts, and entertainment districts. In the heart of the Golden Triangle: Mount Dora | Tavares | Eustis. Inquire today and make this one yours.

Details

Property type

Single Family Residence

Est. home value

$251,264

Lot size

8,750 sq ft

Price per sq ft

$205

Year built

1958

Annual property taxes

$2,609.29

HOA

No

Price History

12/20/2024
StellarMLS

StellarMLS #G5090529

Listed
$219,000
+9.5%
06/29/2021
StellarMLS

StellarMLS #O5942198

Sold
$200,000
+227.87%
12/18/2013
StellarMLS

StellarMLS #G4699705

Sold
$61,000

Schools & Community

Elementary school: 

Triangle Elem

Middle school: 

Mount Dora Middle

High school: 

Mount Dora High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$22,271
Asking price
$219,000
Closing costs (~8% of asking)
-$17,520
Est. remaining loan balance
-$179,209
Cash to seller
$22,271

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

June 2021

Original loan amount

$194,000

Est. remaining balance

$179,209

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Thomas Watkins Rowat Iii

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/23/2024 at 7:10 AM

Listing updated: 12/22/2024 at 1:06 PM

Listed by: Tim Kiley, WATSON REALTY CORP Phone #: (352) 536-6530

MLS: StellarMLS #G5090529

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