by RH Advisors

See Home Value
$340,000
House - Off Market

307 Palm LANE

CLERMONT, FL 34711
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1833 Sqft
$1,882
Estimated Monthly
$0
HOA / Fees
7.55%
Cap Rate

About This Property

As-Is, 2 Story, Brick Mid Century Modern Home!  3 Bedroom, 1.5 Bath on 1st Floor, with additional Room & 1 Bath on the Lower Level! Nestled in CLERMONT HEIGHTS NEIGHBORHOOD, CORNER LOT boasts JUST UNDER A 1/2 ACRE Lot -- 105' x 177' & WITH NO HOA –with BUILDABLE SIDE LOT!!  Bring the Family, this may be the one You've been waiting for with room to Grow, within the City Limits of Clermont!  Live, Work, Play here in Clermont near Downtown!   The Lower level includes a Mother in Law STUDIO with KITCHENETTE with WALK-OUT SLIDER & a UTILITY/BONUS ROOM for a total of 483 sq. ft. under air per Property Appraiser Records, with A/C wall unit in Studio.  The Lower Level also includes an OVERSIZED GARAGE 28' deep in the lower level of Home.  Garage has a Workbench, Storage Areas, Hook up for Washer & Dryer in the garage and a Crawl Space.  Kitchen has an Eat in area for a breakfast table, adjacent to Large Dining open floor plan to Living Room with Fireplace. Well-designed Modern Home with many original finishes, products & fixtures makes this a true GEM!  Step into this timeless charmer to see for yourself, the true craftsmanship of this well-appointed Home from the Chandeliers, to Wood Accents, Designer Interior Porch Door, Ceiling Fans, Wall Sconces, a Bay Window, a Port Window, a Cedar Linen Closet, 2 Walk in Bedroom Closets w shelves, a Built in desk & bookshelf in Bedroom and build out inset for future desks in the Hallway & Bedroom and so much more storage etc. Check with Lender or Insurance many upgrades have been made however home has some original items including windows, electric & plumbing, see sellers update disclosure. Getting quote now for possible electric upgrade from unsatisfactory to satisfactory.   Enjoy Lake views of Lake Minnehaha from the property!  Live, Play near Downtown Clermont, within 5 miles from local Hospitals, Shopping, Costco, Publix, Restaurants, Entertainment, Lake Minneola Boat Launch, Waterfront Park, Downtown Clermont, Schools, Lake Sumter College & more.  Check with the City of Clermont & County to see what you can build here!  You may be able to build onto this home, add a Garage Structure AND/OR an Additional Accessory Dwelling on the side lot of the property & more!! Total square footage under air approx. 1,833 sq ft.  Buyer/Buyer Agent to verify all measurements, land use, permitting and/or building concerns. Inquire with The City of Clermont & or Lake County and during Buyers due diligence period.  Seller is not sure if a permit was issued for the lower level.
Unit Size
1,833Ft²
Days on Market
43 days
Land Size
0.43 acres
Price per sqft
$205
Property Type
House
Property Taxes
$40
HOA Dues
-
Year Built
1949
Last updated: 10 days ago (Stellar MLS #G5079328)

Price History

Date / Event Date Event Price
Apr 18, 2024 Sold $340,000
Sold
Mar 27, 2024 In contract -
In contract
Mar 13, 2024 Price Decreased $375,000
↓ $25K (6.3%)
Price Decreased
Mar 5, 2024 Listed by Lawhun Enterprises, LLC $400,000
Listed by Lawhun Enterprises, LLC
As-Is, 2 Story, Brick Mid Century Modern Home! 3 Bedroom, 1.5 Bath on 1st Floor, with additional Room & 1 Bath on the Lower Level! Nestled in CLERMONT HEIGHTS NEIGHBORHOOD, CORNER LOT boasts JUST UNDER A 1/2 ACRE Lot -- 105' x 177' & WITH NO HOA –with BUILDABLE SIDE LOT!! Bring the Family, this may be the one You've been waiting for with room to Grow, within the City Limits of Clermont! Live, Work, Play here in Clermont near Downtown! The Lower level includes a Mother in Law…

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Concrete block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 878
  • Garage Type: Carport
  • Garage Square Area: 280
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,585
  • Lot Size Depth Feet: 1,770
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 2,228
  • Gross Building Area: 2,363
  • Building Area: 1,833
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,833
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLERMONT CLERMONT HEIGHTS
  • Land Acres: 0.427
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CLERMONT CLERMONT HEIGHTS LOT 27--LESS E 15 FT--N 15 FT OF W 177 FT OF LOT 28 PB 4 PG 1 ORB 559 PG 246 ORB 756 PG 1549 ORB 3221 PG 1685

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake County School District
  • Census Tract: 031313

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 103D
  • Account Number: 1617511
  • Subdivision Tract Number: 0400
  • Parcel: 30-22-26-0400-000-02700
  • Lot: 27
  • Meridian: SEC 30 TWN 22S RNG 26E
  • Municipality: CLERMONT
  • Latitude: 28.5455
  • Longitude: -81.7526

    Address

  • Full Address: 307 Palm Ln
  • Address - House Number: 307
  • Address - Street Name: Palm
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Clermont
  • Carrier Code: C004
  • 4-Digit Zip Code: 3434
  • Zip Code: 34711

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $479
  • Tax Rate Code Area: C

    Appraisal Valuation

  • Standard Deviation: 0.0849
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 93
  • Final Value: 396,724
  • High Value: 430,431
  • Low Value: 363,016

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $285,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jun 26, 2008
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $285,000
  • First Open Lien Mortgage Term: 912
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • First Open Lien Mortgage Loan Due Date: Jul 13, 2084

    Market Valuation

  • Market Total Value: $233,958
  • Market Land Value: $62,500
  • Market Improvement Value: $171,458

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,340

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,607 ft²
$240/ft²
$385,000 Sep 30, 2023
$385,000 Nov 29, 2023
$297/mo
House
3 Beds
2 Baths
2,123 ft²
$200/ft²
$425,000 Dec 19, 2023
$425,000 Feb 9, 2024
$196/mo
House
4 Beds
2 Baths
1,624 ft²
$216/ft²
$350,000 Jan 14, 2024
$350,000 Feb 26, 2024
$258/mo
In Contract
House
3 Beds
2 Baths
1,543 ft²
$227/ft²
$350,000 Mar 6, 2024
-
$262/mo
House
3 Beds
2 Baths
1,598 ft²
$253/ft²
$405,000 Jun 7, 2023
-
$123/mo
House
4 Beds
2 Baths
2,152 ft²
$195/ft²
$420,000 Apr 9, 2024
-
$103/mo
House
4 Beds
2 Baths
1,400 ft²
$232/ft²
$325,000 Dec 14, 2023
-
$232/mo

About Clermont Heights


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Frequently Asked Questions

When was property at 307 Palm Lane built and last sold?
The property at 307 Palm Lane was built in 1949 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 307 Palm Lane is $409,288.
What are some comparable homes to 307 Palm Lane?
Homes that are comparable to 307 Palm Lane include a house property at 772 Pine Lane, 294 Linden Street, 1326 East Avenue.

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