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$575,000

Beds
5
Baths
3.0
sq ft
2,403

715 E 1st Ave, Mount Dora, FL 32757

715 E 1st Ave

MOUNT DORA, FL 32757

  • 1 day on market
3 Bed 2 Bath & 2 Bed 1 Bath attached living quarters for an Inlaw or extended family. Great Corner Lot location just outside Downtown Mount Dora. Easy distance to all the festivals, dining and shopping this town has to offer. This home is wonderfully set up to lend its floorplan to be used in a variety of ways. There are TWO Kitchens-- Each with Range, Microwave, Dishwasher and Refrigerator. The REAR, Main home has High Ceilings, 8' Doors, Spacious Open Concept Living, Dining, Kitchen with 2 sets of French Doors that open up to a ground level deck and private rear yard. 3 Nice size Bedrooms with the Primary Bedroom having it's own En-Suite Shower Bath and Walk in Closet. Second Bath is a Tub Shower combination. There are separate Washer and Dryer Hook-ups for each living space. The Inlaw area is 2 bedrooms and 1 Walk In Shower Bath. Open Concept Living- Dining- Kitchen. The Garage is attached here and Washer and Dryer Hook-ups are in the garage. The front portion is the In-Law section and is the original home as built with the rear Main addition 2008. New Roof will be completed soon. Separate entrances.

Details

Property type

Single Family Residence

Est. home value

$486,080

Lot size

0.24 acres

Price per sq ft

$240

Year built

1954

Annual property taxes

$4,216.56

HOA

No

Price History

09/19/2024
StellarMLS

StellarMLS #G5087273

Listed
$575,000
+41.98%
09/03/2021
StellarMLS

StellarMLS #O5961942

Sold
$405,000
+80%
10/28/2005
StellarMLS

StellarMLS #G4594090

Sold
$225,000

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

$264,090
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$264,910
Cash to seller
$264,090

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

Seller’s Loan History

Lender

Cardinal Financial Company Lp

Loan start date

August 2021

Original loan amount

$283,500

Est. remaining balance

$264,910

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Heather E Jenkins

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: 09/19/2024 at 8:10 PM

Listing updated: 09/19/2024 at 7:06 PM

Listed by: Wendy Paradise, HOME WISE REALTY GROUP, INC. Phone #: (407) 712-2000

MLS: StellarMLS #G5087273

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