tomo logo

$340,000

Beds
3
Baths
2.0
sq ft
1,432

2831 Southland Rd, Mount Dora, FL 32757

2831 Southland Rd

MOUNT DORA, FL 32757

  • 47 days on market
    • Price drop $10,000↓
Welcome to this beautifully updated ranch-style home situated on a spacious quarter-acre corner lot in the highly sought-after Sylvan Shores subdivision. Enjoy the perfect blend of modern comfort and classic charm in this meticulously maintained residence, just blocks away from the pristine Spring Fed Lake Gertrude—one of the cleanest lakes in the county, offering public access for kayaking, paddleboarding, and more. This inviting 3-bedroom, 2-bathroom home boasts a spacious layout with stunning wood laminate floors and a large dining room perfect for gatherings. The fully renovated kitchen features stainless steel appliances and elegant white marble floors, making it a culinary dream. The kitchen and bathrooms have been thoughtfully updated to meet today’s standards. The home’s highlights include: New Roof (2022) New Drain Field (2021) Fenced-In Backyard (2023) with two freestanding sheds for ample storage Beautiful Mature Oak Trees that provide shade and lower energy bills Quarter-Acre Corner Lot providing added privacy and outdoor space Located less than two miles from the historic charm of downtown Mount Dora, this property offers all the perks of the area without the high taxes, thanks to its position in the unincorporated portion of town. Additionally, Triangle Elementary School is just a block away, adding convenience for families with young children. Experience the blend of tranquility and convenience in this exceptional home. Don’t miss the opportunity to make it yours!

Details

Property type

Single Family Residence

Est. home value

$288,721

Lot size

0.25 acres

Price per sq ft

$238

Year built

1956

Annual property taxes

$3,114.72

Price History

09/02/2024
StellarMLS

StellarMLS #G5084869

Price change
$340,000
-2.86%
08/23/2024
StellarMLS

StellarMLS #G5084869

Price change
$350,000
-1.41%
08/03/2024
StellarMLS

StellarMLS #G5084869

Listed
$355,000
+20.34%

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

$91,735
Asking price
$340,000
Closing costs (~8% of asking)
-$27,200
Est. remaining loan balance
-$221,065
Cash to seller
$91,735

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

December 2022

Original loan amount

$236,000

Est. remaining balance

$221,065

Interest rate

6.38%

Loan type

New Conventional, 16 year

Seller

Julio Cesar Villarroel and Nancy A Davite

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: 09/19/2024 at 12:15 PM

Listing updated: 09/02/2024 at 9:07 AM

Listed by: Julio Villarroel LLC, OLYMPUS EXECUTIVE REALTY INC Phone #: (407) 469-0090

MLS: StellarMLS #G5084869

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