tomo logo

$1,350,000

Beds
4
Baths
3.5
sq ft
4,225

19529 Dorr Rd, Altoona, FL 32702

19529 Dorr Rd

ALTOONA, FL 32702

  • 91 days on market
Escape to this stunning custom lakefront home on the serene shores of Lake Dorr in Central Florida. Wake up each day to breathtaking sunrises and million-dollar views, and immerse yourself in the ultimate Florida lake life, with fishing, skiing, wakeboarding, tubing, and jet skiing on the pristine 1,765-acre lake. Conveniently located within an hour of three major international airports, this beautifully appointed Craftsman-style home boasts impressive custom upgrades throughout. Step through double mahogany wood doors into a space featuring hardwood floors, tray ceilings with detailed wood trim, built-in shelving, plantation shutters, and crown molding. The large kitchen is a chef's dream, with granite countertops, solid wood cabinets, and a Thermador range with a gas cooktop, all overlooking the lake through bay windows in the breakfast nook. Cozy up by the gas fireplace in the open family room, or step outside to relax on the covered upstairs screened porch with a good book. Designed for entertaining, the home offers a spacious second screened porch downstairs, fully equipped with an outdoor kitchen, gourmet grill, and built-in refrigerator. Gather around the fire pit, or head down to the open covered dock. Perfect for multigenerational families or hosting guests, the home's floor plan includes three bedrooms, a full-sized kitchen, and living area on the lower level, a master suite and office or optional bedroom on the main level, and a large bonus room upstairs that can be used as an additional bedroom or home theater. Enjoy low electric bills and backup power with solar panels and a Generac 20 KW home generator. Additional features include four 120-gallon LP gas tanks, a water treatment system and a stair chair lift. Just a half-hour drive to historic Deland and charming Mount Dora, this lakefront home on Lake Dorr, partially surrounded by the Ocala National Forest, offers the ideal setting for enjoying Florida living at its finest.

Details

Property type

Single Family Residence

Est. home value

$1,155,807

Lot size

0.56 acres

Price per sq ft

$320

Year built

2007

Annual property taxes

$9,296.88

Price History

08/24/2024
StellarMLS

StellarMLS #S5111114

Listed
$1,350,000
+45.16%
05/03/2021
StellarMLS

StellarMLS #O5922529

Sold
$930,000

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

$554,031
Asking price
$1,350,000
Closing costs (~8% of asking)
-$108,000
Est. remaining loan balance
-$687,969
Cash to seller
$554,031

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

April 2021

Original loan amount

$744,000

Est. remaining balance

$687,969

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Martin Evan Richey and Richelle Alcide

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: 11/23/2024 at 8:45 AM

Listing updated: 08/25/2024 at 12:26 PM

Listed by: Shane Spence, WATSON REALTY CORP. Phone #: (407) 589-1600

MLS: StellarMLS #S5111114

StellarMLS logo

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