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$480,717Estimated home value

Beds
4
Baths
2.0
sq ft
2,253

531 N Clayton St, Mount Dora, FL 32757

531 N Clayton St

MOUNT DORA, FL 32757

  • Sold On 8/30/2024
    • Price drop $19,000↓
ANOTHER HUGE PRICE REDUCTION! SELLER MOTIVATED! Don't miss this light and airy home, located in the Historic District. It's close to downtown and all that Mount Dora has to offer. Live in the heart of Mt. Dora in this beautiful 4-BD/2-BA home w/2,253 sq. ft. This beautiful home was built in 1955 and has been elegantly renovated including fresh exterior paint and additional living space has been added, which has a separate entrance. The lot is very spacious w/two driveways, one leading to the carport, and one leading to a detached 1-car garage w/an air-conditioned workshop. The interior of the home has a nice layout w/beautiful wood flooring in the living and front bedrooms. There is a large formal dining room w/beautiful wood panel ceilings, french doors leading out to the rear garden and a spacious living room w/a picture window. The kitchen is close to the dining room with appliances and plenty of cabinet space. There are two large bedrooms towards the front of the home w/ample closet space. The size of this home is deceiving and there is a second wing of the home that can be completely closed off and private making it perfect for guests or an in-law suite. The space features a living room w/a kitchenette and dining space. Enjoy cathedral ceilings and skylights that make the room feel bright and open. There are two bedrooms, both w/beautiful high windows, tile flooring and plenty of natural light as well as a guest bath. Step out the backdoor into a beautiful yard that is fully fenced. The home is immaculate and move-in ready and has the charm of an older home w/some modern twists. NEW ROOF 2021. Enjoy living around the corner from downtown where you can find excellent shopping and dining, parks, festivals and more!

Details

Property type

Single Family Residence

Est. home value

$480,717

Lot size

0.37 acres

Price per sq ft

$222

Year built

1955

Annual property taxes

$4,602.2

Price History

08/29/2024
StellarMLS

StellarMLS #G5081774

Sold
$475,000
-5%
07/22/2024
StellarMLS

StellarMLS #G5081774

Pending
$500,000
07/13/2024
StellarMLS

StellarMLS #G5081774

Price change
$500,000
-3.66%

Schools & Community

Elementary school: 

Unknown

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

$257,613
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$202,387
Cash to seller
$257,613

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

Seller’s Loan History

Lender

Equity Prime Mortgage Llc

Loan start date

December 2019

Original loan amount

$224,000

Est. remaining balance

$202,387

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Erin R Oxley

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: Off Market

Tomo last checked: 10/05/2024 at 9:25 PM

Listing updated: 08/30/2024 at 9:10 PM

Listed by: Julie Smith, MORRIS WILLIAMS REALTY Phone #: (888) 326-3949

MLS: StellarMLS #G5081774

StellarMLS logo

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