by RH Advisors

Check Availability
Eustis 32726
740 Summit STREET
$215,000
House - In Contract

740 Summit STREET

EUSTIS, FL 32726
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1169 Sqft
$1,179
Estimated Monthly
$0
HOA / Fees
8.24%
Cap Rate

About This Property

Under contract-accepting backup offers. Charming and sought-after, this nearly 100-year-old home is an absolute gem. Nestled in the coveted historic area of Eustis, this adorable 1925 cottage offers a unique blend of timeless appeal and modern comforts. Ideally situated, it's just a short stroll from the picturesque Lake Gracie and a quick drive to the enchanting downtown areas of Eustis and Mount Dora.

This captivating property is waiting for the new owners to update this incredible piece of history!

Step into the past with this meticulously maintained 2-bedroom, one-bathroom residence that seamlessly combines vintage character with contemporary updates. Delight in the convenience of ceiling fans, granite kitchen counters and stainless steel appliances. Original features, including wood floors, a stained glass window in the bathroom, built-in shelving, and a classic wood-burning fireplace in the living room, showcase the home's enduring charm.

Enhancing the allure of this classic Florida home is a screened-in front porch with French doors, creating a seamless transition to the dining and living rooms. Bask in the outdoor living space and relish cool breezes in this delightful retreat.

Tucked away on a tranquil street, this residence also offers a fenced-in backyard and a separate garage/shed for your workshop or storage needs.
Unit Size
1,169Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$184
Property Type
House
Property Taxes
$123
HOA Dues
-
Year Built
1925
Listed By
Last updated: 3 months ago (Stellar MLS #G5076792)

Price History

Date / Event Date Event Price
Feb 20, 2024 In contract -
In contract
Feb 10, 2024 Price Decreased $215,000
↓ $12K (5.3%)
Price Decreased
Jan 27, 2024 Price Decreased $227,000
↓ $13K (5.4%)
Price Decreased
Dec 27, 2023 Listed by eXp Realty LLC $239,900
Listed by eXp Realty LLC
Charming and sought-after, this nearly 100-year-old home is an absolute gem. Nestled in the coveted historic area of Eustis, this adorable 1925 cottage offers a unique blend of timeless appeal and modern comforts. Ideally situated, it's just a short stroll from the picturesque Lake Gracie and a quick drive to the enchanting downtown areas of Eustis and Mount Dora. This captivating property is waiting for the new owners to update this incredible piece of history! Step into the past with…
May 4, 2018 Sold to Robert Lynn Callahan Jr $129,000
Sold to Robert Lynn Callahan Jr

Property Highlights

Air Conditioning
Fireplace
Interior Details

Bathroom Information

Full Bathrooms: 1

Interior Information

Interior Features: Window Treatments
Appliances: Cooktop, Dishwasher, Refrigerator
Flooring Type: Carpet, Hardwood
Laundry Features: In Kitchen

Room Information

Rooms: 6

Fireplace Information

Has Fireplace
Fireplace Features: Wood Burning
Exterior Details

Property Information

Square Footage: 1169
Square Footage Source: $0
Year Built: 1925

Building Information

Building Area Total: 1169
Levels: One
Construction Materials: Other, Wood Frame

Lot Information

Lot Size Area: 7000
Lot Size Units: Square Feet
Lot Size Acres: 0.16
Lot Size Square Feet: 7000
Lot Size Dimensions: 50 x 140
Tax Lot: 57

Land Information

Water Source: None

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 252
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,313
  • Gross Building Area: 1,313
  • Building Area: 1,313
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,313
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EUSTIS OCKLAWAHA SUB
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EUSTIS OCKLAWAHA SUB LOT 57 PB 5 PG 23 ORB 5104 PG 1590

Ownership

  • Current Owner : CALLAHAN ROBERT LYNN
  • Previous Owner : REDMON SARAH E
  • Previous Owner 2: SUTPHIN NICHOLAS ROY
  • Owner Before Previous Owner: REDMON SARAH E
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Lake County School District
  • Census Tract: 030204

Zoning

  • Zoning: SR

Geography

  • Assessors Map Reference: 54C
  • Account Number: 1425930
  • Subdivision Tract Number: 1100
  • Parcel: 11-19-26-1100-000-05700
  • Lot: 57
  • Meridian: SEC 11 TWN 19S RNG 26E
  • Municipality: EUSTIS
  • Latitude: 28.8458
  • Longitude: -81.6806

    Address

  • Full Address: 740 Summit St
  • Address - House Number: 740
  • Address - Street Name: Summit
  • Address - Suffix Type: St
  • State: FL
  • City Name: Eustis
  • Carrier Code: C001
  • 4-Digit Zip Code: 4621
  • Zip Code: 32726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,515
  • Tax Rate Code Area: E

    Appraisal Valuation

  • Standard Deviation: 0.0846
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 93
  • Final Value: 231,205
  • High Value: 250,785
  • Low Value: 211,625

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,130
  • First Open Lien Mortgage Lender: MORTGAGE FINANCIAL GROUP INC
  • First Open Lien Mortgage Recording Date: May 04, 2018
  • First Open Lien Mortgage Loan Amount: $125,130
  • 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, 2048

    Market Valuation

  • Market Total Value: $196,017
  • Market Land Value: $43,525
  • Market Improvement Value: $152,492

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $117,970

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 18, 2018
  • Current Sale Recording Date: May 04, 2018
  • Current Sale Transaction ID: 11457031015
  • Current Sale Price: $129,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018051501
  • Previous Sale Recording Date: Nov 22, 2016
  • Previous Sale Contract Date: Oct 26, 2016
  • Previous Sale Amount: $43,800
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE FINANCIAL GROUP INC
  • First Mortgage Transaction Date: May 04, 2018
  • First Mortgage Loan Amount: $125,130
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: FREEDOM MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 22, 2016
  • Previous Mortgage Loan Amount: $88,309
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2046

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
1,092 ft²
$201/ft²
$220,000 Aug 17, 2023
$220,000 Sep 5, 2023
$69/mo
House
2 Beds
1 Bath
996 ft²
$146/ft²
$145,000 Sep 15, 2023
$145,000 Oct 25, 2023
$37/mo
House
2 Beds
1 Bath
867 ft²
$277/ft²
$239,900 Nov 24, 2023
$239,900 Dec 22, 2023
$132/mo
House
2 Beds
1 Bath
828 ft²
$191/ft²
$158,000 Jun 30, 2023
$158,000 Oct 31, 2023
$132/mo
House
3 Beds
2 Baths
1,634 ft²
$119/ft²
$195,000 Jul 21, 2023
$195,000 Sep 11, 2023
$228/mo
House
3 Beds
1 Bath
1,077 ft²
$222/ft²
$239,000 Jul 11, 2023
$239,000 Aug 23, 2023
$142/mo
House
3 Beds
2 Baths
1,360 ft²
$165/ft²
$224,900 Jan 18, 2024
-
$244/mo
House
3 Beds
2 Baths
976 ft²
$205/ft²
$199,900 Aug 18, 2023
-
$141/mo
House
2 Beds
1 Bath
1,405 ft²
$142/ft²
$199,900 Jan 26, 2024
-
$66/mo
House
2 Beds
1 Bath
882 ft²
$266/ft²
$234,900 Nov 19, 2023
-
$181/mo
House
2 Beds
1 Bath
709 ft²
$282/ft²
$200,000 Feb 10, 2024
-
$131/mo
Multifamily
Stu
-
1,443 ft²
$166/ft²
$240,000 Feb 19, 2024
-
$197/mo

About Eustis


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Frequently Asked Questions

When was property at 740 Summit Street built and last sold?
The property at 740 Summit Street was built in 1925 and last sold on Apr 18, 2018 for $129,000.
How much is this home worth?
The estimated value of the home located at 740 Summit Street is $219,124.
What are some comparable homes to 740 Summit Street?
Homes that are comparable to 740 Summit Street include a house property at 322 Palm Avenue, 1605 Alan Drive, 105 West Golf Links Avenue.

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