NOT LISTED FOR SALE

123 W Marion Ave Edgewater, FL 32132

Estimated Value: $341,840

3.03 Acres
$112,818 Price per Acre
131,987 Sq Ft Lot

Last Sold April 29, 2022

Last sale price $650,000

Est. 47% decrease in value since last sale

Current estimated payment $2,353/month

323 Days on Market

About This Lot

As of April 2022

READY TO DEVELOP.......THIS 3.04 ACRE PROPERTY IS MAJORITY CLEARED AND IS ZONED B-3 HIGHWAY COMMERCIAL ALLOWING THE OPPORTUNITY FOR MULTIPLE USES. 540' FROM THE US 1 INTERSECTION WHICH HAS SEVERAL THRIVING BUSINESSES. MARION AVE. ALSO LEADS INTO OTHER BUSINESS/INDUSTRIAL AREAS. PROPERTY ALREADY HAS A FIRE HYDRANT ON PREMISES ALONG WITH 2 APPROX. 52'X280' CONCRETE SLABS. THERE IS WATER, SEWER, POWER AND COMMUNICATIONS AVAILABLE AT SITE.

Last Agent to Sell the Property

Tracey Barlow

THE BARNETT GROUP, INC. License #3438904 Listed on: 02/16/2021

Last Buyer's Agent

Tracey Barlow

THE BARNETT GROUP, INC. License #3438904 Listed on: 02/16/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,766

Lot Details

  • 3.03 Acre Lot
  • Lot Dimensions are 480 x 275
  • Cleared Lot
  • Property is zoned Commercial

Utilities

  • Cable TV Available

Community Details

  • Assessors Lt 01 & 02 02 18 34 Hatches Homestead & Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8402-28-01-0100

Property Details

Property Type

Land

Est. Annual Taxes

$5,766

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 3.03
  • Directions to Property: From north: South on US1 from New Smyrna Beach right on W. Marion Ave. Property is on the right just past apartments. From south: North on US1 left on W. Marion Ave. Property is on right just past apartments.
  • Status: Sold
  • Street Direction: W
  • List Office Head Office Key Nume: 1044811
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 123

Exterior Features

  • Road Frontage Type: Access Road
  • Road Surface Type: Asphalt

Utilities

  • Utilities: Cable Available, Telephone Nearby
  • Sewer: Other
  • Water Source: See Remarks

Condo/Co-op/Association

  • Development: None

Lot Info

  • Zoning: Commercial
  • Parcel Number: 8402-28-01-0100
  • Lot Features: Cleared, City Limits
  • Lot Dimensions: 480 x 275

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
Apr 29, 2022
Sold by
Hail Frank E
Bought by
Valiance Properties Llc
Seller's Agent
Tracey Barlow
THE BARNETT GROUP, INC.
Buyer's Agent
Tracey Barlow
THE BARNETT GROUP, INC.
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Current Estimated Value
$341,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,160
Avg. Annual Appreciation
-0.67%

Purchase Details

Listed on
Feb 16, 2021
Closed on
Mar 15, 2022
Sold by
Le Hall Frank E
Bought by
Hall Kevin L and Hall Kyle E
Seller's Agent
Tracey Barlow
THE BARNETT GROUP, INC.
Buyer's Agent
Tracey Barlow
THE BARNETT GROUP, INC.
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%

Purchase Details

Closed on
May 23, 2011
Sold by
Edgewater Commerce Park Llc
Bought by
Hall Frank E

Purchase Details

Closed on
Aug 29, 2008
Sold by
Halstead Resources Inc
Bought by
Edgewater Commerce Park Llc

Purchase Details

Closed on
Mar 24, 2005
Sold by
Hall Frank E
Bought by
Halstead Resources Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 15, 1989
Bought by
Hall Frank E

Purchase Details

Closed on
Nov 15, 1985
Bought by
Hall Frank E

Purchase Details

Closed on
May 15, 1984
Bought by
Hall Frank E
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
Valiance Properties Llc $350,000 Fidelity National Title
Hall Kevin L -- Wright & Casey Pa
Hall Frank E -- None Available
Edgewater Commerce Park Llc $350,000 Attorney
Halstead Resources Inc $325,000 --
Hall Frank E $100 --
Hall Frank E $390,000 --
Hall Frank E $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Halstead Resources Inc $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $650,000 +85.7% --
04/29/2022 04/29/22 Sold $350,000 -6.7% --
01/17/2022 01/17/22 Pending -- -- --
01/06/2022 01/06/22 Pending -- -- --
02/16/2021 02/16/21 For Sale $375,000 -42.3% --
02/16/2021 02/16/21 For Sale $650,000 -- --
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 $5,766 $305,895 $305,895 --
2024 $5,766 $305,895 $305,895 --
2023 $5,766 $305,895 $305,895 $0
2022 $4,229 $250,278 $250,278 $0
2021 $3,919 $190,688 $190,688 $0
2020 $3,693 $190,688 $190,688 $0
2019 $3,380 $158,906 $158,906 $0
2018 $3,146 $145,002 $145,002 $0
2017 $3,260 $145,002 $145,002 $0
2016 $3,317 $139,043 $0 $0
2015 $3,402 $139,043 $0 $0
2014 $3,445 $139,043 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: NS1062409

Stellar MLS

APN: 8402-28-01-0100