8 months on rocket

514 Lake Sumner Dr, Groveland, FL, 34736

$324,700

Home List Price

$3,856*

Closing Credit

3 Bedrooms
2 Full Baths
1,557 SqFt
$209/SqFt
House

Location

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514 Lake Sumner Dr, Groveland$324,700

Buyer Closing Credits

$3,856*

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
ViewTrees/Woods, Water
MLS #G5080006
Lot Size0.19 Acres
StatusActive

About 514 Lake Sumner Dr

Tucked away on a tranquil cul-de-sac, this delightful 3-bedroom, 2-bathroom home spans 1,557 sq ft on a lush 0.19-acre lot. Built in 2005, it features a welcoming open floor plan that seamlessly connects the living and dining areas to the open kitchen, which has a cozy breakfast nook, ample pantry storage, and access to the covered back patio. Enjoy peace of mind with a new roof installed in 2021. The thoughtfully designed split floor plan provides privacy, while the primary suite offers a retreat-like experience with sliders that open to a covered patio overlooking the serene views of Lake Sumner and protected conservation land—ensuring no rear neighbors. The community enhances your lifestyle with access to a playground and park amenities, perfect for family activities and outdoor enjoyment. Westwood community is conveniently located in between Downtown Groveland with Lake David events and Downtown Clermont & Waterfront Park events. Discover comfort, convenience, and a touch of nature in this lovely property!

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, Laminate
  • 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
  • View: Trees/Woods, Water
  • 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, Private
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

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: $324,700
  • Price Per SqFt: $209/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.

Med. Sold Price

$387.5K

Med. Price/SqFt

$208

Avg. Days On Market

60

# of Sold Homes

24

514 Lake Sumner Dr vs Groveland

265 DAYS ON ROCKET

+205 Days

$324,700

-$62.8K Less

$209/SqFt

-$0 Less

KEY TAKEAWAY

This property is $62.8K less than the Median Sold Price and $0/SqFt less 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.
Last updated on: 12/17/2024, 10:49:50 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

$1,729

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,040

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.

Nearby Schools

school-card-donut-4343374
2
/10
  • Groveland Elementary School

  • 930 Parkwood Ave

  • 1.48 miles

  • Public District Grades PK-5

school-card-donut-4343375
8
/10
  • Cypress Ridge Elementary School

  • 350 East Ave

  • 3.92 miles

  • Public Magnet Grades PK-5

school-card-donut-4343376
4
/10
  • Mascotte Elementary School

  • 460 Midway Ave

  • 4.11 miles

  • Public Charter Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,336. Most Groveland, FL residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

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 $324,700.

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 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 $324,700.

In November 2024, from all listings sold in Groveland, FL there were more than 5 sold above asking price, over 8 sold below and more than 11 were sold right at the asked price. The number of listings in Groveland, FL increased by 2.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 60 days, the median list price was $387,517.

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

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