tomo logo

$525,000

Beds
2
Baths
1.0
sq ft
1,730

1601 E 1st Ave, Mount Dora, FL 32757

1601 E 1st Ave

MOUNT DORA, FL 32757

  • 1 day on market
    • Open house Mar 08
This beautifully renovated multi-generational home, completely updated two years ago, features a main house with two bedrooms, one bathroom, and an open living area with classic early 1900s architectural details, plus a separate mother-in-law suite with one bedroom, one bathroom, a kitchenette, and a living area—both connected by a charming patio. Currently operating as a short-term rental, this property offers a fantastic opportunity to live in one unit and rent out the other, either short-term or long-term. The home is conveniently located near the new Hwy 46/429 Connector for easy access to Orlando and just under a mile from historic downtown Mount Dora, known for its festivals, shopping, dining, and scenic lakefront.

Details

Property type

Single Family Residence

Est. home value

$379,970

Lot size

0.3 acres

Price per sq ft

$304

Year built

1925

Annual property taxes

$6,194.21

HOA

No

Price History

03/04/2025
StellarMLS

StellarMLS #O6285299

Listed
$525,000
+36.36%
03/22/2023
StellarMLS

StellarMLS #T3423937

Sold
$385,000
+69.6%
08/06/2018
StellarMLS

StellarMLS #G4853164

Sold
$227,000
+22.7%

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

$216,713
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$266,287
Cash to seller
$216,713

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

Seller’s Loan History

Lender

Nfm Inc

Loan start date

March 2023

Original loan amount

$269,500

Est. remaining balance

$266,287

Interest rate

6.09%

Loan type

New Conventional, 40 year

Seller

Christopher Turnier and Kristine Turnier

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: 03/05/2025 at 2:40 PM

Listing updated: 03/05/2025 at 6:54 AM

Listed by: Tyler Gibson, LLC, EXP REALTY LLC Phone #: (407) 392-1800

MLS: StellarMLS #O6285299

StellarMLS logo

Recently listed in MOUNT DORA

$499,900|4 bd|3.0 ba|House
$2,695,000|4 bd|4.0 ba|House
$462,500|2 bd|2.0 ba|House
$510,000|4 bd|3.5 ba|House
$471,990|2 bd|2.0 ba|House
$379,900|2 bd|2.0 ba|House
$525,000|2 bd|1.0 ba|House
$544,990|3 bd|2.0 ba|House