by RH Advisors

See Home Value
$485,000
House - Off Market

487 Palm LANE

CLERMONT, FL 34711
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2092 Sqft
$2,841
Estimated Monthly
$0
HOA / Fees
5.79%
Cap Rate

About This Property

NO HOA! Quiet Street. Oversized lot. One Street from Lake Minnehaha! 5 minutes to downtown!

Welcome to this classic pool home with a contemporary twist! Oversized and partially fenced corner lot in a quiet neighborhood, this residence showcases a harmonious blend of timeless design and modern amenities. Boasting a recently renovated kitchen with top-of-the-line appliances, this home offers a luxurious culinary experience for any aspiring chef.

With a split plan layout, this home provides the perfect balance of privacy and togetherness. The secluded master suite features a private entrance, making it ideal for hosting guests or potentially converting it into an additional rental space. The master suite also includes a beautifully appointed en-suite bathroom and private pool access.

The outdoor oasis is a true highlight of this property, featuring a generously-sized screened-in pool.

*Home no longer furnished, no virtual staging

*Sectional in home available to purchase

*Agent will include HOME WARRANTY at close of sale
Unit Size
2,092Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$232
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1950
Last updated: 2 months ago (Stellar MLS #G5071075)

Price History

Date / Event Date Event Price
Mar 18, 2024 No longer available -
No longer available
Feb 22, 2024 Relisted $485,000
Relisted
Feb 13, 2024 In contract -
In contract
Feb 7, 2024 Price Decreased $485,000
↓ $10K (2%)
Price Decreased
Jan 22, 2024 Relisted $495,000
Relisted
Show More

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Concrete block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 616
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 16,446
  • Lot Size Depth Feet: 1,710
  • Lot Size Frontage Feet: 950
  • Total Building Area: 2,092
  • Gross Building Area: 2,092
  • Building Area: 2,092
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,092
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLERMONT CLERMONT HEIGHTS
  • Land Acres: 0.378
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CLERMONT CLERMONT HEIGHTS E 171 FT OF LOT 56 PB 4 PG 1 ORB 5693 PG 700

Ownership

  • Current Owner : WALDNER GEORGE LEE VON
  • Current Owner 2: WALDNER DENNA RENNE
  • Previous Owner : ENGLISH ZACHARY
  • Owner Before Previous Owner: ENGLISH ZACHARY
  • Owner Before Previous Owner 2: CAMINIDI MICHAEL
  • 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: 1789494
  • Subdivision Tract Number: 0400
  • Parcel: 30-22-26-0400-000-05600
  • Lot: 56
  • Meridian: SEC 30 TWN 22S RNG 26E
  • Municipality: CLERMONT
  • Latitude: 28.5455
  • Longitude: -81.7505

    Address

  • Full Address: 487 Palm Ln
  • Address - House Number: 487
  • Address - Street Name: Palm
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Clermont
  • Carrier Code: C004
  • 4-Digit Zip Code: 3436
  • Zip Code: 34711

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,491
  • Tax Rate Code Area: C

    Appraisal Valuation

  • Standard Deviation: 0.0854
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 93
  • Final Value: 460,334
  • High Value: 499,686
  • Low Value: 420,983

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $313,500
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 22, 2021
  • First Open Lien Mortgage Loan Amount: $313,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $316,861
  • Market Land Value: $62,500
  • Market Improvement Value: $254,361

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $316,861
  • Assessed Land Value: $62,500
  • Assessed Improvements Value: $254,361

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 22, 2021
  • Current Sale Transaction ID: 11832598537
  • Current Sale Price: $330,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021055497
  • Previous Sale Recording Date: Oct 03, 2019
  • Previous Sale Contract Date: Sep 23, 2019
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Apr 22, 2021
  • First Mortgage Loan Amount: $313,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • Previous Mortgage Transaction Date: Oct 03, 2019
  • Previous Mortgage Loan Amount: $294,692
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
1,744 ft²
$244/ft²
$425,000 Aug 28, 2023
$425,000 Sep 20, 2023
$43/mo
House
3 Beds
2 Baths
2,123 ft²
$200/ft²
$425,000 Dec 19, 2023
$425,000 Feb 9, 2024
$196/mo
House
3 Beds
3 Baths
1,654 ft²
$281/ft²
$465,000 Dec 18, 2023
$465,000 Feb 22, 2024
$197/mo
House
3 Beds
2 Baths
1,905 ft²
$244/ft²
$465,000 Jul 28, 2023
$465,000 Sep 12, 2023
$348/mo
House
3 Beds
2 Baths
1,607 ft²
$240/ft²
$385,000 Sep 30, 2023
$385,000 Nov 29, 2023
$297/mo
Multifamily
Stu
-
2,153 ft²
$198/ft²
$425,600 May 12, 2023
$425,600 Aug 25, 2023
$365/mo
House
4 Beds
3 Baths
2,249 ft²
$233/ft²
$525,000 Feb 22, 2024
-
$310/mo
House
3 Beds
2 Baths
2,336 ft²
$239/ft²
$559,000 Feb 3, 2024
-
$369/mo
Multifamily
4 Beds
3 Baths
2,317 ft²
$216/ft²
$499,900 Feb 13, 2024
-
$326/mo
House
3 Beds
3 Baths
2,392 ft²
$224/ft²
$535,000 Feb 23, 2024
-
$211/mo
House
3 Beds
2 Baths
1,598 ft²
$253/ft²
$405,000 Jun 7, 2023
-
$123/mo

About Clermont Heights


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Frequently Asked Questions

When was property at 487 Palm Lane built and last sold?
The property at 487 Palm Lane was built in 1950 and last sold on Apr 16, 2021 for $330,000.
How much is this home worth?
The estimated value of the home located at 487 Palm Lane is $519,391.
What are some comparable homes to 487 Palm Lane?
Homes that are comparable to 487 Palm Lane include a multifamily property at 1112 Grand Highway, a house property at 680 Shady Nook, 772 Pine Lane.

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