NOT LISTED FOR SALE
23.31 Acres
-- Price per Acre
1,015,384 Sq Ft Lot

Last Sold November 03, 2021

Last sale price $1,400,000

43 Days on Market

Highlights

  • 6 Feet of Waterfront
  • Wetlands on Lot
  • Heating Available
  • 23.31 Acre Lot
  • Wooded Lot

About This Lot

As of November 2021

23.02 Gross Acres MOL of Commercial Development Property-Hard Corner facing Decubellis Road at a lighted intersection. Property could be subdivided developed into (G-1) and (G-2) Sites. (G-1) Asking Price: $650,000, (G-2) Asking Price: $750,000.00. Approximately 900 foot of road frontage along Decubellis Road and approximately 600 feet on Town Center Blvd. Close to schools and many rooftops. Site plans for national retail or fast food chain (See attached). Property has a nearly 6.5-acre pond on it. This site consists of 2 parcels that can be subdivided into 3 lots for development. MPUD calls for retail/professional office use on G1 south end and could accommodate multifamily or town homes on G2. Lot G2 sits at the north end of the property next to CVS and has frontage along the Ridge Road extension currently in permitting G-I is on the Dollar General side on the pond/G-II is on the CVS Side.

Last Agent to Sell the Property

Mark Ganier

RE/MAX REALTEC GROUP INC License #201 Listed on: 07/07/2021

Last Buyer's Agent

Mark Ganier

RE/MAX REALTEC GROUP INC License #201 Listed on: 07/07/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,600

Lot Details

  • 23.31 Acre Lot
  • 6 Feet of Waterfront
  • Property fronts a highway
  • Unincorporated Location
  • West Facing Home
  • Wooded Lot
  • Property is zoned MPUD

Home Design

  • Planned Development

Outdoor Features

  • Access To Pond
  • Wetlands on Lot

Schools

  • River Ridge Middle School
  • Ridgewood High School

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 32-25-17-0000-00400-0040G

Property Details

Property Type

Land

Est. Annual Taxes

$11,600

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 23.31
  • Lot Size Sq Ft: 1015388
  • Status: Sold
  • Total Acreage: 20 to less than 50
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 1.38
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: West
  • Road Frontage Type: Business District, County Road, Divided Highway, Main Throrughfare
  • Waterfront: No
  • Road Surface Type: Paved, Asphalt
  • Water Access: Pond
  • Water View Y N: No
  • Front Footage: 900
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12101C0215F
  • Waterfront Frontage: 6
  • Water Frontage Feet Pond: 6
  • Additional Water Information: approx 6.5 acre pond on property
  • Disclosures: Land Sales Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electrical Nearby
  • Sewer: None, Public Sewer
  • Water Source: None, Public
  • Cooling Y N: No
  • Heating Yn: Yes

Schools

  • High School: Ridgewood High School-PO
  • Middle Or Junior School: River Ridge Middle-PO

Lot Info

  • Zoning: MPUD
  • Parcel Number: 32-25-17-0000-00400-0040G
  • Additional Parcels: No
  • Current Use: Commercial
  • Lot Features: Unincorporated, Urban, Wetlands, Wooded
  • Lot Dimensions: 900 x 1,350
  • Price Per Acre: 60060
  • Flood Zone Code: X
  • Flood Zone Date: 2014-09-26
  • Current Adjacent Use: Retail
  • Zoning Compatible Y N: Yes

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 11600
  • Tax Block: 00
  • Tax Book Number: 7-6
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2020
Sold by
River Ridge Homes Inc
Bought by
Palmetto New Port Richey Decubellis Rd L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,594,400
Outstanding Balance
$1,410,652
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2020
Sold by
River Ridge Homes Inc
Bought by
River Ridge Homes Inc

Purchase Details

Closed on
Nov 14, 2012
Sold by
Ng Development Corporation
Bought by
River Ridge Homes Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Palmetto New Port Richey Decubellis Rd L $350,000 None Available
River Ridge Homes Inc -- None Available
River Ridge Homes Inc -- None Available
River Ridge Homes Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmetto New Port Richey Decubellis Rd L $1,594,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2021 11/03/21 Sold $1,400,000 0.0% --
08/13/2021 08/13/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $1,400,000 -- --
Source: Stellar MLS

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 $19,699 $1,530,412 $1,530,412 --
2024 $19,699 $1,275,877 $1,275,877 --
2023 $16,796 $995,520 $995,520 $0
2022 $15,618 $995,520 $995,520 $0
2021 $11,562 $995,520 $0 $0
2020 $11,098 $995,520 $0 $0
2019 $2,497 $154,824 $154,824 $0
2018 $2,506 $154,824 $154,824 $0
2017 $2,555 $154,824 $154,824 $0
2016 $2,593 $154,824 $154,824 $0
2015 $2,648 $154,824 $154,824 $0
2014 $6,103 $362,969 $362,969 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8129436

Stellar MLS

APN: 32-25-17-0000-00400-0040