by RH Advisors

See Home Value
$250,000
House - Off Market

2131 Nicollett WAY

LEESBURG, FL 34748
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2896 Sqft
$1,515
Estimated Monthly
$35
HOA / Fees
9.90%
Cap Rate

About This Property

When it comes to location, what more could you ask for? The Overlook at Lake Griffin community is conveniently located, offering ease of travel to major highways and quick access to grocery stores, shopping, dining, Downtown Leesburg, and medical facilities.  It's less than 10 minutes to Lake Griffin State Park, which offers a variety of amenities such as a boat ramp, camping, playground, RV hookups, canoe/kayak launch, laundry, and more.  It's about a 15-minute commute to Lake Sumter State College.  Brownwood Paddock Square in The Villages is only a 20-minute drive.  After you get past the excitement of the location, you'll be able to appreciate the features of this home.  Once you walk through the front door you will find the formal dining room to your left.  Then off to the right is the half-bathroom and a family room.  As you make your way to the kitchen, the laundry room is on the right across from the stairs.  The kitchen features two closet pantries and a center island.  There are two sinks in the kitchen!  Yes, you heard me two...one under the window and one in the island.  There is eating space just off the kitchen that connects to the living room with a fireplace.  The sliding glass doors allow for ample light to come in, or step out and enjoy some fresh air on the back patio.  All four bedrooms, including the master, are located upstairs.  At the top of the stairs the master ensuite bedroom is off to the right at the east side of the home.  The master bathroom features a garden tub and two walk-in closets.  The rest of the bedrooms and second full-bathroom are situated on the west side of the home.  It was re-roofed in 2021.  Full Transparency - we know this house needs a little work [and have priced it accordingly].  Which also means it's going to take a special buyer who is able to see past its present flaws, envision the full potential, is willing to put a bit of work into it in order to reap the rewards of the future greatness this house has to offer.  Cash is preferred, but consideration will be given to strong conventional loans as well as renovation loans.  This home WILL NOT qualify for a regular FHA, VA or USDA loan.  This house is being sold "As-Is" with right to inspect.  Showings by appointment only with notice.  ***AGENTS PLEASE REVIEW REMARKS AND ALL ATTACHMENTS PRIOR TO SCHEDULING A SHOWING***
Unit Size
2,896Ft²
Days on Market
78 days
Land Size
0.13 acres
Price per sqft
$92
Property Type
House
Property Taxes
$178
HOA Dues
$35
Year Built
2006
Last updated: 19 hours ago (Stellar MLS #G5079062)

Price History

Date / Event Date Event Price
May 16, 2024 Sold $250,000
Sold
Apr 18, 2024 In contract -
In contract
Apr 12, 2024 Price Decreased $265,000
↓ $15K (5.4%)
Price Decreased
Mar 22, 2024 Price Decreased $280,000
↓ $10K (3.5%)
Price Decreased
Feb 28, 2024 Listed by COLDWELL BANKER TONY HUBBARD REALTY $290,000
Listed by COLDWELL BANKER TONY HUBBARD REALTY
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • 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: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,610
  • Total Building Area: 3,296
  • Gross Building Area: 3,296
  • Building Area: 2,896
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,896
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OVERLOOK AT LAKE GRIFFIN
  • Land Acres: 0.129
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OVERLOOK AT LAKE GRIFFIN PB 54 PG 20-24 LOT 96 ORB 4678 PG 749

Ownership

  • Current Owner : PAYNE MATTHEW RUEL
  • Current Owner 2: PAYNE ALISON R
  • Previous Owner : HARBCO INVESTMENT LLC
  • Owner Before Previous Owner: THE BANK OF NEW YORK MELLON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake County School District
  • Census Tract: 030601

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: BK 54 PG 20-24
  • Account Number: 3836842
  • Subdivision Tract Number: A-F
  • Parcel: 15-19-24-1500-000-09600
  • Lot: 96
  • Meridian: SEC 15 TWN 19S RNG 24E
  • Municipality: LEESBURG
  • Latitude: 28.8417
  • Longitude: -81.8888

    Address

  • Full Address: 2131 Nicollett Way
  • Address - House Number: 2131
  • Address - Street Name: Nicollett
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Leesburg
  • Carrier Code: C010
  • 4-Digit Zip Code: 2944
  • Zip Code: 34748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,137
  • Tax Rate Code Area: L

    Appraisal Valuation

  • Standard Deviation: 0.0849
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 93
  • Final Value: 285,043
  • High Value: 309,261
  • Low Value: 260,825

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $318,459
  • First Open Lien Mortgage Lender: DBA EQUITY PRIME MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 11, 2015
  • First Open Lien Mortgage Loan Amount: $159,082
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2045
  • Second Open Lien Mortgage Lender: QUICKEN LOANS INC
  • Second Open Lien Mortgage Recording Date: Dec 29, 2016
  • Second Open Lien Mortgage Loan Amount: $159,377
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: VA
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2047

    Market Valuation

  • Market Total Value: $238,321
  • Market Land Value: $26,000
  • Market Improvement Value: $212,321

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,270

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 31, 2015
  • Current Sale Recording Date: Sep 11, 2015
  • Current Sale Transaction ID: 1291354159
  • Current Sale Price: $154,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2015100042
  • Previous Sale Recording Date: Mar 04, 2015
  • Previous Sale Contract Date: Jan 02, 2014
  • Previous Sale Amount: $119,900
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DBA EQUITY PRIME MORTGAGE
  • First Mortgage Transaction Date: Sep 11, 2015
  • First Mortgage Loan Amount: $159,082
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2045



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,896 ft²
$116/ft²
$335,000 May 25, 2023
$335,000 Sep 29, 2023
$370/mo
House
3 Beds
2 Baths
1,874 ft²
$147/ft²
$275,000 Jun 21, 2023
$275,000 Sep 7, 2023
$128/mo
House
3 Beds
2 Baths
1,483 ft²
$170/ft²
$251,500 Aug 22, 2022
$251,500 Mar 10, 2023
$230/mo
House
3 Beds
2 Baths
1,445 ft²
$192/ft²
$276,900 Apr 27, 2023
$276,900 May 22, 2023
$168/mo
House
3 Beds
2 Baths
1,445 ft²
$204/ft²
$295,000 Nov 28, 2023
$295,000 Jan 12, 2024
$259/mo
House
3 Beds
2 Baths
1,445 ft²
$204/ft²
$295,000 Apr 18, 2023
$295,000 May 12, 2023
$263/mo
House
3 Beds
2 Baths
1,496 ft²
$194/ft²
$289,900 Mar 4, 2024
-
$285/mo
In Contract
House
3 Beds
2 Baths
1,402 ft²
$182/ft²
$254,900 Dec 21, 2023
-
$207/mo
House
3 Beds
2 Baths
1,008 ft²
$227/ft²
$229,000 Mar 7, 2024
-
$104/mo
House
3 Beds
1 Bath
828 ft²
$272/ft²
$224,900 Mar 22, 2024
-
$133/mo
Mobile / Manufactured
2 Beds
2 Baths
1,056 ft²
$284/ft²
$299,999 Mar 1, 2024
-
$294/mo

About Overlook at Lake Griffin


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Frequently Asked Questions

When was property at 2131 Nicollett Way built and last sold?
The property at 2131 Nicollett Way was built in 2006 and last sold on Aug 31, 2015 for $154,000.
How much is this home worth?
The estimated value of the home located at 2131 Nicollett Way is $299,365.
What are some comparable homes to 2131 Nicollett Way?
Homes that are comparable to 2131 Nicollett Way include a house property at 2122 Aitkin Loop, 408 East Palm Street, 1318 Dora Drive.

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