tomo logo

$270,000

Beds
4
Baths
2.0
sq ft
1,350

1380 Palm Dr, Mount Dora, FL 32757

1380 Palm Dr

MOUNT DORA, FL 32757

  • 19 days on market
Incredible opportunity to own a spacious, affordable home with NO HOA! This four bedroom, two bath home has a cozy atmosphere with the warm wood vinyl plank floors, dine-in kitchen, and large wrap around counters in the kitchen that has lots of pantry space. Down the hall, you will find the main bathroom and two bedrooms. The master bedroom has its own full private bathroom with stand up shower. At the other end of the home is the large fourth bedroom. The laundry room has lots of space and also gives access to the back yard. You first step into a smaller fenced in space great for a play area for kids or pets and the larger L shaped portion of the yard is also enclosed and has a shed. This home is powered by solar energy with a budget friendly transferable payment. The roof, septic, and water filtration system are only 3 years old and the AC 2 years old. Centrally located between Eustis and Mount Dora, everything you need is at your fingertips! Call today to schedule your tour!

Details

Property type

Single Family Residence

Est. home value

$270,886

Lot size

8,750 sq ft

Price per sq ft

$200

Year built

1986

Annual property taxes

$2,806

HOA

No

Price History

01/03/2025
StellarMLS

StellarMLS #G5090933

Listed
$270,000
+20%
11/01/2021
StellarMLS

StellarMLS #O5975085

Sold
$225,000
+315.13%
07/30/2012
StellarMLS

StellarMLS #O5105745

Sold
$54,200

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

$42,901
Asking price
$270,000
Closing costs (~8% of asking)
-$21,600
Est. remaining loan balance
-$205,499
Cash to seller
$42,901

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

Seller’s Loan History

Lender

Leader One Financial Corp

Loan start date

November 2021

Original loan amount

$220,924

Est. remaining balance

$205,499

Interest rate

2.86%

Loan type

FHA, 30 year

Seller

Milan A Lewis and Amanda Moran

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?

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Status: Active

Tomo last checked: 01/22/2025 at 5:05 PM

Listing updated: 01/07/2025 at 12:18 PM

Listed by: Avery Curry, EXIT REALTY TRI-COUNTY Phone #: (352) 385-3948

MLS: StellarMLS #G5090933

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