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Mount Dora 32757 Wolf Creek Ridge
1184 Merion DRIVE
$460,000
● House - Off Market

1184 Merion DRIVE

MOUNT DORA, FL 32757
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,700 Ft²
$471,140
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Great Opportunity for you to be an owner in the community SummerView in Beautiful MountDora, this property has the space you were looking for, 4 beds one of those is a 2nd Master Bed, 3 baths, and 1 half-bath/powder room, beautiful kitchen with an island and stone countertops and stainless-steel appliances the sliding doors guide you to the porch and enormous back yard that has been fenced, this house shows like new, amazing crown molding all around the house upstairs has a connection Jack and Jill bath in between the other 2 bedrooms all with a pristine condition, you can buy with the commodity of owning solar panels that will be PAID OFF at closing,  this is getting a super low electricity bill. a block away from the community pool and the community has amazing parks for volleyball, soccer, exercise equipment, and a playground. Charming Downtown Mount Dora, known for its 30+ festivals annually, great dining options, entertainment, and lakefront fun, is just 8 minutes away! Close to a plethora of shopping, dining, and easy access to 429 making an easy commute to Orlando.
Unit Size
2,700 Ft²
Days on Market
65 days
Land Size
0.20 acres
Price per sqft
$173
Property Type
House
Property Taxes
$458
HOA Dues
$33
Year Built
2017

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #O6008869)

Price History

Date / Event Date Event Price
May 17, 2022 Sold
Premium
Sold
Mar 10, 2022 Listed by EXP REALTY LLC $467,500
Listed by EXP REALTY LLC
Jan 22, 2018 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 93
  • Porch Type: 84
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,567
  • Total Building Area: 3,141
  • Gross Building Area: 3,261
  • Building Area: 2,700
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,700
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUMMERVIEW AT WOLF CREEK RIDGE PHASE 2A
  • Land Acres: 0000000197
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: SUMMERVIEW AT WOLF CREEK RIDGE PHASE 2A PB 69 PG 16 LOT 120 ORB 5958 PG 1997

Neighborhood

  • School District Name: Lake County School District
  • Census Tract: 030917

Geography

  • Assessors Map Reference: BK 69 PG 16
  • Account Number: 3907837
  • Parcel: 28-19-27-0305-000-12000
  • Lot: 120
  • Meridian: SEC 28 TWN 19S RNG 27E
  • Municipality: MOUNT DORA
  • Latitude: 28.8066
  • Longitude: -81.6112

    Address

  • Full Address: 1184 Merion Dr
  • Address - House Number: 1184
  • Address - Street Name: Merion
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Mount Dora
  • Carrier Code: R009
  • 4-Digit Zip Code: 8724
  • Zip Code: 32757

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $712,391
  • Tax Rate Code Area: MD

    Appraisal Valuation

  • Standard Deviation: 0.1804
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 502,359
  • High Value: 593,010
  • Low Value: 411,707

    Market Valuation

  • Market Total Value: $376,205
  • Market Land Value: $81,000
  • Market Improvement Value: $295,205

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $376,205
  • Assessed Land Value: $81,000
  • Assessed Improvements Value: $295,205

    Sales

  • Current Sale Contract Date: May 09, 2022
  • Current Sale Recording Date: May 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 69363
  • Previous Sale Recording Date: Jan 22, 2018
  • Previous Sale Contract Date: Dec 21, 2017
  • Previous Sale Amount: $275,935
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wolf Creek Ridge

Stats & Trends

Median Asking:

$478,000

Sale Price/ft²

$177

Below Asking

0.02%

Average Days on Market

69

Average Home Size

2409 ft²

Average Home Age

9.5 years

Currently For Sale

6 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2627 Balmerino Way, MOUNT DORA, FL, 32757

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,285 ft²
2627 Balmerino Way, MOUNT DORA, FL, 32757 Listing by Kathryn Stieger
Unit for rent at 2272 Sirens Lane, MOUNT DORA, FL, 32757

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,538 ft²
2272 Sirens Lane, MOUNT DORA, FL, 32757 Listing by Javier Angulo
Unit for rent at 5235 Mahogany Drive, MOUNT DORA, FL, 32757

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,846 ft²
5235 Mahogany Drive, MOUNT DORA, FL, 32757 Listing by Melissa Corella, PA

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Maria Jimenez
EXP REALTY LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6008869
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1184 Merion Drive built and last sold?
The property at 1184 Merion Drive was built in 2017 and last sold on May 9, 2022 for $460,000.
How much is this home worth?
The estimated value of the home located at 1184 Merion Drive is $0.
What are some comparable homes to 1184 Merion Drive?
There are currently no comparable homes to 1184 Merion Drive.
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