by RH Advisors

See Home Value
$319,000
House - Off Market

1226 Palmetto ROAD

EUSTIS, FL 32726
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1905 Sqft
$1,796
Estimated Monthly
$20
HOA / Fees
5.18%
Cap Rate

About This Property

PRICE REDUCED! Similar homes in this subdivision have sold recently for above 440k! Vacant and easy to show! See Lake Eustis from your kitchen window!  Large open floor plan with two master suites!  Located in the very desirable Springwood landing Subdivision, Springwood Landing overlooks beautiful Lake Eustis and has long been known as one of the nicest places to live in Eustis. Most owners in Springwood Landings average owning their homes for about 30 years.  This home at 1226 Palmetto Road is 1905 square feet under heat and air, 2800 feet under roof. It has a large 2 car garage, an inside laundry room and a beautiful large lanai overlooking Lake Eustis, and one of the largest swimming pools in the desirable Springwood Landings development.  (Pool is 33 ½ x 13 ½) The views of the lake are fabulous, and it is as if the sunsets are painted every evening.

The home has four double pane sliding doors offering fabulous views of the lake and the surrounding spectacular landscape, and multiple entry to the pool area for parties. The home received many renovations in 2023 including: updated sprinkler system, new pool liner, new screens on the lanai, new lighting, and ceiling fans on the lanai, fresh paint inside and out, upgraded gutter system, and many landscaping improvements.
Unit Size
1,905Ft²
Days on Market
145 days
Land Size
0.30 acres
Price per sqft
$173
Property Type
House
Property Taxes
$160
HOA Dues
$20
Year Built
1983
Last updated: 4 months ago (Stellar MLS #O6140513)

Price History

Date / Event Date Event Price
Jan 31, 2024 Sold $319,000
Sold
Jan 10, 2024 In contract -
In contract
Jan 8, 2024 Price Decreased $329,000
↓ $12K (3.5%)
Price Decreased
Dec 30, 2023 Price Increased $341,000
↑ $2K (0.6%)
Price Increased
Dec 3, 2023 Price Decreased $339,000
↓ $20K (5.6%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 464
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,951
  • Lot Size Depth Feet: 1,940
  • Lot Size Frontage Feet: 840
  • Total Building Area: 2,369
  • Gross Building Area: 2,369
  • Building Area: 1,905
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,905
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EUSTIS SPRINGWOOD LANDING SUB
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EUSTIS SPRINGWOOD LANDING SUB LOT 49 *UNRECORDED PLAT SEE DEED FOR FULL PROPERTY DESCRIPTION ORB 6176 PG 2466

Ownership

  • Current Owner : BAXTER STANTON
  • Previous Owner : SPIVEY JOE HARRIS
  • Previous Owner 2: SPIVEY DEBORAH DARLENE
  • Owner Before Previous Owner: VOLZ JOHN J
  • Owner Before Previous Owner 2: NEICEN VOLZ ANGELA S
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Lake County School District
  • Census Tract: 030209

Zoning

  • Zoning: SR

Geography

  • Assessors Map Reference: 56
  • Account Number: 2660457
  • Subdivision Tract Number: 0450
  • Parcel: 15-19-26-0450-000-04900
  • Lot: 49
  • Meridian: SEC 15 TWN 19S RNG 26E
  • Municipality: EUSTIS
  • Latitude: 28.8382
  • Longitude: -81.7013

    Address

  • Full Address: 1226 Palmetto Rd
  • Address - House Number: 1226
  • Address - Street Name: Palmetto
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Eustis
  • Carrier Code: C004
  • 4-Digit Zip Code: 5336
  • Zip Code: 32726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,883
  • Tax Rate Code Area: E

    Appraisal Valuation

  • Standard Deviation: 0.0849
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 93
  • Final Value: 316,170
  • High Value: 343,033
  • Low Value: 289,307

    Market Valuation

  • Market Total Value: $306,730
  • Market Land Value: $58,800
  • Market Improvement Value: $247,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,390

    Sales

  • Current Sale Contract Date: Jan 31, 2024
  • Current Sale Recording Date: Feb 05, 2024
  • Current Sale Transaction ID: 11920462078
  • Current Sale Price: $319,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13273
  • Previous Sale Recording Date: Dec 27, 2010
  • Previous Sale Contract Date: Dec 15, 2010
  • Previous Sale Amount: $13,400
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Previous Mortgages

  • Previous Mortgage Lender: METLIFE HOME LOANS
  • Previous Mortgage Transaction Date: Dec 27, 2010
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $202,500
  • Previous Mortgage Term: 999
  • Previous Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,616 ft²
$183/ft²
$295,000 Aug 8, 2023
$295,000 Jan 19, 2024
$316/mo
House
3 Beds
2 Baths
1,514 ft²
$198/ft²
$300,000 Dec 3, 2023
$300,000 Jan 12, 2024
$99/mo
House
3 Beds
2 Baths
1,504 ft²
$182/ft²
$274,000 Sep 15, 2023
$274,000 Oct 30, 2023
$176/mo
House
4 Beds
2 Baths
1,954 ft²
$171/ft²
$335,000 Sep 19, 2023
$335,000 Jan 5, 2024
$118/mo
House
4 Beds
3 Baths
1,835 ft²
$201/ft²
$367,990 Oct 31, 2023
$367,990 Dec 18, 2023
$52/mo
House
4 Beds
2 Baths
1,744 ft²
$221/ft²
$384,900 May 31, 2023
$384,900 Oct 16, 2023
$45/mo
House
2 Beds
2 Baths
1,162 ft²
$234/ft²
$272,000 Jan 16, 2024
-
$230/mo
House
3 Beds
2 Baths
1,680 ft²
$214/ft²
$360,000 Oct 13, 2023
-
$85/mo
House
3 Beds
2 Baths
1,672 ft²
$214/ft²
$358,000 Jan 5, 2024
-
$85/mo
House
3 Beds
2 Baths
1,604 ft²
$220/ft²
$352,990 Jan 30, 2024
-
$84/mo
House
3 Beds
2 Baths
1,426 ft²
$237/ft²
$338,490 Nov 15, 2023
-
$52/mo
House
3 Beds
2 Baths
1,426 ft²
$239/ft²
$340,490 Nov 7, 2023
-
$52/mo

About Springwood Landing


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Frequently Asked Questions

When was property at 1226 Palmetto Road built and last sold?
The property at 1226 Palmetto Road was built in 1983 and last sold on Jan 31, 2024 for $319,000.
How much is this home worth?
The estimated value of the home located at 1226 Palmetto Road is $342,390.
What are some comparable homes to 1226 Palmetto Road?
Homes that are comparable to 1226 Palmetto Road include a house property at 1111 North Palmetto Circle, 2577 Shamrock Street, 2637 Rowan Street.

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