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Tavares 32778 Chelsea Oaks
2236 Merry ROAD
$359,900
● House - Off Market

2236 Merry ROAD

TAVARES, FL 32778
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,902 Ft²
$1,930
Est. Monthly
$33
HOA / Fees
6.13%
Cap Rate

About This Property

*Check out the 3D VIRTUAL TOUR* Discover the perfect home for your family in the peaceful neighborhood of Chelsea Oaks. This move-in ready residence showcases 3 bedrooms, 2 bathrooms, and an inviting 1,902 square feet of living space. *NEW ROOF* The kitchen is a true gem, complete with stainless steel appliances, luxury granite countertops, high ceilings with recessed lighting, and abundant cabinetry and countertop space. Unwind in the generous master bedroom, featuring a walk-in closet, while the master bath offers a relaxing garden tub, separate shower, and dual vanities. Outside, the sparkling inground pool awaits, boasting a top-notch pebble-tec surface and designer concrete pavers. Enjoy endless swims year-round with the help of solar heating and high-efficiency pool equipment. Start envisioning your new home with the immersive 3D virtual tour available for your convenience.
Unit Size
1,902 Ft²
Days on Market
69 days
Land Size
0.15 acres
Price per sqft
$189
Property Type
House
Property Taxes
$129
HOA Dues
$33
Year Built
2005

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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 #O6154433)

Price History

Date / Event Date Event Price
Feb 7, 2024 Sold
Premium
Sold
Nov 27, 2023 In contract -
In contract
Nov 9, 2023 Listed by EASY STREET REALTY FLORIDA,INC $359,900
Listed by EASY STREET REALTY FLORIDA,INC
Oct 24, 2023 Sold
Premium
Sold
Jun 3, 2011 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • 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: 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: 440
  • Parking Space Count: 2
  • Patio Type: 93
  • Porch Type: 35
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 6,600
  • Total Building Area: 2,382
  • Gross Building Area: 2,382
  • Building Area: 1,942
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,942
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHELSEA OAKS
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: CHELSEA OAKS PB 53 PG 89-91 LOT 8 ORB 4605 PG 1136

Neighborhood

  • School District Name: Lake County School District
  • Census Tract: 030807

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: BK 53 PG 89-91
  • Account Number: 3836131
  • Subdivision Tract Number: A-C
  • Parcel: 27-19-26-0075-000-00800
  • Lot: 8
  • Meridian: SEC 27 TWN 19S RNG 26E
  • Municipality: TAVARES
  • Latitude: 28.8111
  • Longitude: -81.7041

    Address

  • Full Address: 2236 Merry Rd
  • Address - House Number: 2236
  • Address - Street Name: Merry
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Tavares
  • Carrier Code: R008
  • 4-Digit Zip Code: 5751
  • Zip Code: 32778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $157,881
  • Tax Rate Code Area: T

    Appraisal Valuation

  • Standard Deviation: 0.0849
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 93
  • Final Value: 352,769
  • High Value: 382,742
  • Low Value: 322,797

    Market Valuation

  • Market Total Value: $303,715
  • Market Land Value: $68,000
  • Market Improvement Value: $235,715

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $124,160

    Sales

  • Current Sale Contract Date: Jan 05, 2024
  • Current Sale Recording Date: Feb 07, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14287
  • Previous Sale Recording Date: Oct 24, 2023
  • Previous Sale Contract Date: Oct 20, 2023
  • Previous Sale Amount: $239,000
  • Previous Sale Document Type: 71
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 Chelsea Oaks

Stats & Trends

Median Asking:

$298,500

Sale Price/ft²

$190

Below Asking

0.02%

Average Days on Market

87

Average Home Size

1996 ft²

Average Home Age

20 years

Currently For Sale

2 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 1111 E Caroline Street, TAVARES, FL, 32778

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 2,139 ft²
1111 E Caroline Street, TAVARES, FL, 32778 Listing by Michele Pietrowski
Unit for rent at 1019 E Caroline Street, TAVARES, FL, 32778

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 2,139 ft²
1019 E Caroline Street, TAVARES, FL, 32778 Listing by Michele Pietrowski
Unit for rent at 1075 E Caroline Street, TAVARES, FL, 32778

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 2,139 ft²
1075 E Caroline Street, TAVARES, FL, 32778 Listing by Sherrie Bodner

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Charles Marchese
EASY STREET REALTY FLORIDA,INC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6154433
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 2236 Merry Road built and last sold?
The property at 2236 Merry Road was built in 2005 and last sold on Jan 5, 2024 for $359,900.
How much is this home worth?
The estimated value of the home located at 2236 Merry Road is $364,086.
What are some comparable homes to 2236 Merry Road?
There are currently no comparable homes to 2236 Merry Road.
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