tomo logo

$829,999

Beds
3
Baths
2.5
sq ft
2,198

17500 E Lake Jem Rd, Mount Dora, FL 32757

17500 E Lake Jem Rd

MOUNT DORA, FL 32757

  • 104 days on market
    • Price drop $20,000↓
Discover the perfect blend of privacy and potential with this stunning, newly remodeled lake front, pool home. It's a 3- bedroom, 2.5- bathroom, located on the serene shores of Lake Jem in beautiful Mount Dora, FL with a double lot!. This property also comes with a 22x110 lake lot on Lake Horse shoe just a short walk across the street which is part of the Harris Chain of Lakes. The opportunities here are endless with this property. The survey shows an already divided double lot. Lot 12 and 13, which allows you the option of building an additional home 70% the size of the current residence or you can do a lot deviation and build a second home with it own address for the growing family or a great investment opportunity As you enter, the open floor plan immediately welcomes you with breathtaking views of private Lake Jem, framed by triple slides and large picture windows. The heart of this home is designed for entertaining, featuring a spacious kitchen with an oversized island overlooking the family room, as well as the sprawling patio and pool deck that wraps the massive swimming pool. The master suite offers peaceful escape with its private patio, walk-in closet, and luxurious ensuite, complete with double- headed shower. Additionally, the home features a large laundry room with convenient pool bath access. This property is truly a rare find, offering both private lakeside living and chain of lakes access! Don't miss out on this unique property. Seller concession being offered Audio and video recording active

Details

Property type

Single Family Residence

Est. home value

$711,970

Lot size

1.69 acres

Price per sq ft

$378

Year built

1972

Annual property taxes

$6,042.4

HOA

No

Price History

12/05/2024
StellarMLS

StellarMLS #O6234839

Price change
$829,999
-2.35%
11/04/2024
StellarMLS

StellarMLS #O6234839

Price change
$849,999
-2.86%
09/10/2024
StellarMLS

StellarMLS #O6234839

Listed
$874,999
+250.01%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$151,345
Asking price
$829,999
Closing costs (~8% of asking)
-$66,400
Est. remaining loan balance
-$612,254
Cash to seller
$151,345

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

Seller’s Loan History

Lender

Citizens Bank Na

Loan start date

March 2022

Original loan amount

$647,200

Est. remaining balance

$612,254

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

David Patrick Vedder and Jessica Nicole Vedder

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: 12/23/2024 at 5:50 AM

Listing updated: 12/05/2024 at 2:51 PM

Listed by: David Vedder, SIM REI Phone #: (352) 508-5870

MLS: StellarMLS #O6234839

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