NOT LISTED FOR SALE

1221 Pioneer Trail Unit 1-4 Leesburg, FL 34748

Estimated Value: $374,866 - $461,000

8 Beds
4 Baths
3,041 Sq Ft
$143/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $332,700 $109 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,856/month

5 Days on Market

Highlights

  • 0.41 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • Open Floorplan

About This Home

As of November 2021

Quadplex located in the heart of Leesburg. Close to shops and restaurants. Corner lot unit in a high rental area. New well, drain field pump, and water pump. Two of the units has brand new central A/C.

Last Agent to Sell the Property

Cheriyan Chacko

JOSH REALTY, INC. License #675786 Listed on: 09/23/2021

Last Buyer's Agent

Joshua Neudigate

MARKET CONNECT REALTY LLC License #3355588

MARKET CONNECT REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,583

Year Built

  • Built in 1983

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 100x177

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 3,041 Sq Ft Home
  • Open Floorplan

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Edgewood Park Add Subdivision

Building Details

  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,583

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 3041
  • Lot Size Acres: 0.41
  • New Construction: No
  • Year Built: 1983
  • Lot Size Sq Ft: 17700
  • Directions to Property: Take route 27 from I75 go west to 441. Head to Griffin road and go east. Make a left on Pioneer Trail and the property will be the first one on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5975089?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5975089?w=Customer
  • Unit Count: 1
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 9542496129
  • Ratio: Close Price\List Price: 1.01125
  • Price per Sq Ft: 109.4
  • Close to Original List Price Ratio: 1.01125
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Open Floorplan, Other
  • Foundation Details: Slab
  • Street Number Modifier: 1221
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Fire Hydrant, Water - Multiple Meters
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: RP
  • Parcel Number: 21-19-24-0400-000-01200
  • Additional Parcels: No
  • Lot Dimensions: 100x177
  • Flood Zone Code: 0

Multi Family

  • Gross Income: 36000
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4582.82
  • Tax Block: 000
  • Tax Book Number: 13-42
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 4, 2021
Sold by
Jacob Marykutty and Jacob Mammen
Bought by
Lonsdale Alejandro
Seller's Agent
Cheriyan Chacko
JOSH REALTY, INC.
Buyer's Agent
Joshua Neudigate
MARKET CONNECT REALTY LLC
List Price
$329,000
Sold Price
$332,700
Premium/Discount to List
$3,700
1.12%
Current Estimated Value
$434,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,517
Avg. Annual Appreciation
0.77%
Original Mortgage
$249,525
Outstanding Balance
$231,199
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$111,368

Purchase Details

Closed on
Apr 11, 2017
Sold by
Coates Marieg
Bought by
Jacob Marykutty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 2011
Sold by
M&I Regional Properties Llc
Bought by
Coates Marie G and Greater Leesburg Preservation Area Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
3.32%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 23, 2003
Sold by
Arnold Donald R and Arnold Lyn R
Bought by
Indar David

Purchase Details

Closed on
Nov 28, 2000
Sold by
Amer Gen Home Equity Inc
Bought by
Arnold Donald R and Arnold Lyn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,170
Interest Rate
7.71%
Mortgage Type
Commercial
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
Lonsdale Alejandro $332,700 Titleteam
Jacob Marykutty $200,000 Incidental To The Issuance T
Coates Marie G $52,000 Knight Barry Title Inc
Indar David $120,000 --
Arnold Donald R $93,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lonsdale Alejandro $249,525
Previous Owner Jacob Marykutty $140,000
Previous Owner Coates Marie G $92,000
Previous Owner Arnold Donald R $65,170
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $332,700 +1.1% $109 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $329,000 -- $108 / Sq Ft
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 $5,943 $279,848 $62,240 $217,608
2024 $5,943 $279,848 $62,240 $217,608
2023 $5,943 $272,734 $62,240 $210,494
2022 $5,359 $272,734 $62,240 $210,494
2021 $4,687 $240,800 $0 $0
2020 $4,583 $209,560 $0 $0
2019 $4,257 $178,257 $0 $0
2018 $4,155 $178,257 $0 $0
2017 $3,368 $160,887 $0 $0
2016 $2,945 $104,070 $0 $0
2015 $2,970 $102,115 $0 $0
2014 $2,981 $100,339 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5975089

Stellar MLS

APN: 21-19-24-0400-000-01200