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Tavares 32778 South Shores on Lake Eustis
331 Lakecrest DRIVE
$380,000
● House - Off Market

331 Lakecrest DRIVE

TAVARES, FL 32778
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,025 Ft²
$441,640
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

***REDUCED*** Now THIS is a deal! Welcome HOME. Here is the perfect house, in the perfect neighborhood. You will find your new home has great living spaces inside and out. This home features 3 beds in a split plan with the Master having access to the pool area, includes master bath with dual vanities and a water closet. The other 2 bedrooms share a full bath with a tub/shower. The kitchen has solid counter tops, stainless steel appliances and is set between the formal dining room and spacious family room.  The formal dining room boasts a dry bar and even a wine refrigerator!! The family room is large and has a sliding door out to the pool also that features a breakfast bar. You will have ample parking with the 3 car garage and long drive, for when you entertain. The Pool area is completely inside a lanai, there is also a covered dining area where you can stay dry during our summer rains. The pool is solar heated, has a child safety fence. This home has natural light brought in by tube skylights in three locations, Recent upgrades include new roof, new paint, new pool pump, and flooring all done in 2020.
Unit Size
2,025 Ft²
Days on Market
73 days
Land Size
0.29 acres
Price per sqft
$191
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1998

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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 #G5043477)

Price History

Date / Event Date Event Price
Oct 1, 2021 Sold
Premium
Sold
Aug 31, 2021 Sold
Premium
Sold
Jun 19, 2021 Listed by EXP REALTY LLC $385,900
Listed by EXP REALTY LLC
Apr 20, 2021 Sold
Premium
Sold
Apr 24, 2013 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2020
  • 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: 640
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 69,785
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 2,665
  • Gross Building Area: 2,665
  • Building Area: 2,025
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,025
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTH SHORES ON LAKE EUSTIS
  • Land Acres: 0000001602
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: TAVARES SOUTH SHORES ON LAKE EUSTIS LOT 30 1/36 INT IN RECREATION AREA PB 29 PG 27 ORB 5807 PG 444

Neighborhood

  • School District Name: Lake County School District
  • Census Tract: 030803

Zoning

  • Zoning: RSF1

Geography

  • Assessors Map Reference: 55D
  • Account Number: 3436270
  • Subdivision Tract Number: 0350
  • Parcel: 20-19-26-0350-000-03000
  • Lot: 30
  • Meridian: SEC 20 TWN 19S RNG 26E
  • Municipality: TAVARES
  • Latitude: 28.8219
  • Longitude: -81.7253

    Address

  • Full Address: 331 Lakecrest Dr
  • Address - House Number: 331
  • Address - Street Name: Lakecrest
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Tavares
  • Carrier Code: C001
  • 4-Digit Zip Code: 2025
  • Zip Code: 32778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $698,466
  • Tax Rate Code Area: T

    Appraisal Valuation

  • Standard Deviation: 0.1798
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 464,953
  • High Value: 548,585
  • Low Value: 381,321

    Market Valuation

  • Market Total Value: $371,456
  • Market Land Value: $104,000
  • Market Improvement Value: $267,456

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $371,456
  • Assessed Land Value: $104,000
  • Assessed Improvements Value: $267,456

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021136437
  • Previous Sale Recording Date: Apr 20, 2021
  • Previous Sale Contract Date: Mar 23, 2021
  • Previous Sale Amount: $650
  • Previous Sale Document Type: 27
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 South Shores on Lake Eustis

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$261

Above Asking

0.00%

Average Days on Market

23

Average Home Size

2292 ft²

Average Home Age

28 years

Currently For Sale

1 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 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 1147 E Caroline Street, TAVARES, FL, 32778

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 2,139 ft²
1147 E Caroline Street, TAVARES, FL, 32778 Listing by Lauren Bailey
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

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Scott Shock
EXP REALTY LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# G5043477
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 331 Lakecrest Drive built and last sold?
The property at 331 Lakecrest Drive was built in 1998 and last sold on Aug 31, 2021 for $380,000.
How much is this home worth?
The estimated value of the home located at 331 Lakecrest Drive is $0.
What are some comparable homes to 331 Lakecrest Drive?
There are currently no comparable homes to 331 Lakecrest Drive.
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