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514 Lake Sumner Dr, Groveland, FL, 34736

$368,000

Home List Price

$4,370*

Closing Credit

3 Bedrooms
2 Full Baths
1,557 SqFt
$236/SqFt
House
Schools Nearby

Location

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514 Lake Sumner Dr, Groveland$368,000

Buyer Closing Credits

$4,370*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Door Opener
Attached Garage2 spaces
Year Built2005
HeatingCentral, Electric
CoolingCentral Air
MLS #G5080006
Lot Size0.19 Acres
StatusActive

About 514 Lake Sumner Dr

This charming 3-bedroom, 2-bathroom property boasts a spacious 1,557 sq ft layout on a tranquil 0.19-acre lot. Built in 2005, this home embraces an inviting open floor plan design, blending the living and dining areas with the kitchen and breakfast nook featuring a cozy breakfast bar and ample storage in the closet pantry. In 2021, the property received a mini-facelift with a new roof, luxury laminate flooring, and paint. Enjoy the convenience of an inside laundry room and the privacy of a split plan layout. Retreat to the primary bedroom, where sliders open to reveal a serene covered patio overlooking the picturesque vistas of Lake Sumner. Embrace community living with access to park and playground amenities, enhancing the lifestyle offered by this delightful property. No rear neighbors!

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Living Area: 1,557 SqFt

Listing Office:

  • Office Name: SCATES REALTY & INVESTMENT PRO
  • Office Phone: (352) 404-8960
  • Listing Agent: Eileen Scates

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Flooring Type: Carpet, Vinyl
  • Interior: Cathedral Ceiling(s), Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Irrigation System, Rain Gutters, Sidewalk, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Landscaped, Sidewalk
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • South Lake High School, Public District Grades 9-12
  • Lake Virtual Franchise, Public District Grades 6-12
  • Groveland Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Hwy 50 towards Groveland. Left into Waterwood. Left onto Regatta. Right, onto Lake Sumner. House on Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $368,000
  • Price Per SqFt: $236/SqFt

HOA Fees:

  • Amount: $125
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $3,050
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Groveland, FL.

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Groveland, FL

City

Med. Sold Price

$385.9K

Med. Price/SqFt

$206

Avg. Days On Market

72

# of Sold Homes

37

514 Lake Sumner Dr vs Groveland

32 DAYS ON ROCKET

-40 Days

$368,000

-$17.9K Less

$236/SqFt

+$29 More

KEY TAKEAWAY

This property is $17.9K less than the Median Sold Price and $29/SqFt more than other homes in Groveland, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #G5080006

Listing Office:

  • Office Name: SCATES REALTY & INVESTMENT PRO
  • Office Phone: (352) 404-8960
  • Listing Agent: Eileen Scates

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/28/2024, 11:19:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 24, 2014Home Sold
$116,000
Dec 06, 2005Home Sold
$264,100

Tax History

YEARPROP. TAXASSESSMENT
2020$3,050$171,779
2019$2,975$151,801
2018$2,709$138,001
2017$2,353$125,455

History based on county public records data.

Payment Calculator

$1,945

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,170

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2712502
1
/10

  • Groveland Elementary School

  • 930 Parkwood Ave

  • 1.50 miles

  • Public District Grades PK-5

High School

school-card-donut-2712503
3
/10

  • South Lake High School

  • 15600 Silver Eagle Rd

  • 1.43 miles

  • Public District Grades 9-12

school-card-donut-2712504
4
/10

  • Lake Virtual Franchise

  • 201 W Burleigh Blvd

  • 18.66 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,336. Residents of Groveland, FL typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 514 Lake Sumner Dr

What is the listing price of this property?

The listing price of 514 Lake Sumner Dr property is $368,000.

What type of property is this?

The property 514 Lake Sumner Dr is a house located in Groveland, Florida, 34736.

Is this property for sale now?

Active Listing: 514 Lake Sumner Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 514 Lake Sumner Dr are:
Groveland Elementary School: GreatSchools Rating 1/10
South Lake High School: GreatSchools Rating 3/10
Lake Virtual Franchise: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,050 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 24, 2014 for $116,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 514 Lake Sumner Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 514 Lake Sumner Dr is 1,557 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 514 Lake Sumner Dr is 2005.

Rocket Homes›Florida›Lake County›Groveland›34736›514 Lake Sumner Dr

This home is located at 514 Lake Sumner Dr in Groveland, FL and zip code 34736 in the Westwood, Groveland neighborhood. This 1,557 square foot home, which was built in 2005, sits on a 0.19 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $368,000.

While more than 3 listings in Groveland, FL in March 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 28 were sold below. The inventory of homes for sale in Groveland, FL between February 2024 and March 2024 decreased by 1%. While the average time on the market in March 2024 was 72 days, the median list price was $385,971.

From Rocket Homes Real Estate and based on county public records data.

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