NOT LISTED FOR SALE

Estimated Value: $2,270,000 - $2,451,898

0.85 Acre
$2,761,921 Price per Acre
37,026 Sq Ft Lot

Last Sold February 21, 2017

Last sale price $145,000 $43 Per Sq Ft

Est. 1,519% increase in value since last sale

Current estimated payment $13,614/month

75 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Clubhouse
  • Palencia Elementary School Rated A
  • 0.85 Acre Lot
  • Corner Lot

About This Lot

As of February 2017

Large, almost one acre, home-site positioned overlooking the 17th hole and the 11th fairway and positioned right next to the South/North Loop connection. Sale of lot includes a full Palencia Golf and CC membership with no initiation fee. Applicable fees and dues will apply.

Last Agent to Sell the Property

CAMMY RAY

WATSON REALTY CORP License #3207250 Listed on: 12/07/2016

Co-Listed By

RICHARD RAY

WATSON REALTY CORP License #3261668

Last Buyer's Agent

Sangita Horton

PUBLIC SERVICES REALTY License #0680978

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,703

Lot Details

  • 0.85 Acre Lot
  • On Golf Course
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Cleared Lot

HOA Fees

  • $17 Monthly HOA Fees

Schools

  • Palencia Elementary School
  • Pacetti Bay Middle School
  • Allen D. Nease High School

Listing and Financial Details

  • Assessor Parcel Number 0720770010

Community Details

Overview

  • Palencia Poa
  • Palencia Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Children's Pool
  • Jogging Path

Property Details

Property Type

Land

Est. Annual Taxes

$15,703

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.85
  • Road Surface Type: Asphalt
  • Subdivision Name: Palencia
  • General Property Information Waterfront YN: No
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Association Amenities Children's Pool: Yes
  • Utilities Natural Gas Available: Yes
  • General Property Information Lot Size Acres: 0.85
  • Special Features: None

Exterior Features

  • Waterfront: No
  • Lot Features: Cleared, Corner Lot, On Golf Course, Sprinklers In Front, Sprinklers In Rear
  • View: Golf Course
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Lot Features:On Golf Course: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Cable Available, Natural Gas Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Amenities: Basketball Court, Children's Pool, Clubhouse, Fitness Center, Jogging Path, Maintenance Grounds, Playground, Tennis Court(s), Trash
  • Association Name: PALENCIA POA
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 200.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association Name: PALENCIA POA
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Playground: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:Trash: Yes
  • Association Amenities:Maintenance Grounds: Yes

Schools

  • Elementary School: Palencia
  • High School: Allen D. Nease
  • Middle Or Junior School: Pacetti Bay

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 37026.0
  • Parcel #: 0720770010
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2016
Closed on
Feb 21, 2017
Sold by
Wenger Klaus E
Bought by
Patel Kiritkumar R and Patel Mita K
Seller's Agent
CAMMY RAY
WATSON REALTY CORP
Buyer's Agent
Sangita Horton
PUBLIC SERVICES REALTY
List Price
$159,000
Sold Price
$145,000
Premium/Discount to List
-$14,000
-8.81%
Current Estimated Value
$2,347,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,202,633
Avg. Annual Appreciation
37.77%

Purchase Details

Closed on
Jan 30, 2006
Sold by
Country Club Homes Of Palencia Llc
Bought by
Ghali Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,011,243
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patel Kiritkumar R $145,000 Attorney
Ghali Philip $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ghali Philip $1,011,243
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $145,000 -- --
02/21/2017 02/21/17 Sold $145,000 -8.8% $43 / Sq Ft
02/20/2017 02/20/17 Pending -- -- --
12/07/2016 12/07/16 For Sale $159,000 -- $47 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,703 $1,022,608 -- --
2024 $15,703 $993,788 -- --
2023 $15,703 $964,843 $0 $0
2022 $15,422 $936,741 $0 $0
2021 $15,385 $909,457 $0 $0
2020 $15,372 $896,900 $0 $0
2019 $15,707 $876,735 $0 $0
2018 $5,527 $130,000 $0 $0
2017 $5,432 $130,000 $130,000 $0
2016 $5,295 $124,448 $0 $0
2015 $5,168 $113,135 $0 $0
2014 $5,046 $102,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 858026

realMLS (Northeast Florida Multiple Listing Service)

APN: 072077-0010