NOT LISTED FOR SALE

Estimated Value: $1,902,004 - $2,179,000

2.9 Acres
$703,621 Price per Acre
126,324 Sq Ft Lot

Last Sold September 20, 2019

Last sale price $1,200,000 $580 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $11,728/month

4,115 Days on Market

Highlights

  • 108 Feet of Waterfront
  • Boat Slip Deeded
  • 2.9 Acre Lot
  • Lake Nona Middle Rated A-
  • Lake View
  • No HOA

About This Lot

As of September 2019

Parcel is 2.9+/- acres in the heart of the Lake Nona area. Located at the signalized intersection of Narcoossee Road and Weller Road; directly across from Lake Nona High School and Valencia College. Directly next door to DWELL Luxury Apartments-274 Units. Property is currently zoned A-2 with a 2070 sq. ft. single family home. 100' of Lake Frontage on ski-able Lake Whippoorwill with boat dock. Surrounded by development, higher and better uses will apply through additional planning and zoning work. Ideal for professional or medical office at the front of the property, potentially a mixed use project with residential at the rear.

Last Agent to Sell the Property

Keith Race

ENGEL & VOLKERS NEW SMYRNA License #3213898 Listed on: 04/16/2008

ENGEL & VOLKERS NEW SMYRNA

Co-Listed By

Richard Frucci

RE/MAX 200 REALTY License #3119933

Last Buyer's Agent

Milagros Franqui

FRANQUI REALTY ALL HOMES & PRO License #3154141

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,358

Year Built

  • Built in 1980

Lot Details

  • 2.9 Acre Lot
  • Lot Dimensions are 1261x100
  • 108 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • West Facing Home
  • Property is zoned A-2

Interior Spaces

  • 2,070 Sq Ft Home
  • Chain Of Lake Views

Listing and Financial Details

  • Tax Lot 017
  • Assessor Parcel Number 20-24-31-0000-00-017

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Skiing Allowed
  • Boat Slip Deeded

Property Details

Property Type

Land

Est. Annual Taxes

$4,358

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Living Area: 2070
  • Lot Size Acres: 2.9
  • Year Built: 1980
  • Lot Size Sq Ft: 169884
  • Directions to Property: From 417 or 528: Exit South onto Narcoossee Road, LT onto Weller Road. Property is straight ahead.
  • Status: Sold
  • Co List Office Mls Id: MFR261010900
  • Co List Office Phone: 407-281-8455
  • Ownership: Fee Simple
  • List Office Head Office Key Nume: 1042014
  • RATIO Current Price By Calculate: 7.06
  • Total Acreage: Two + to Five Acres
  • Water Access YN: 0
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 12621

Exterior Features

  • Direction Faces: West
  • Home Warranty: No
  • Road Frontage Type: County Road
  • View: Water
  • Water Body Name: LAKE WHIPPORWILL
  • Waterfront: Yes
  • Water Extras: Dock - Slip Deeded On-Site,Skiing Allowed
  • Water Extras YN: 1
  • Water View: Lake,Lake - Chain of Lakes
  • Water View YN: 1
  • Waterfront Feet Total: 108
  • Price Per Acre: 413793

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: A-2
  • Parcel Number: 20-24-31-0000-00-017
  • Additional Parcels: No
  • Current Use: Mixed Use
  • Lot Features: In County
  • Lot Dimensions: 1261x100
  • Future Land Use: 9520
  • State Land Use Code: 0
  • State Property Use Code: 0

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 4358
  • Tax Block: 00
  • Tax Book Number: 0
  • Tax Lot: 017

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2008
Closed on
Sep 19, 2019
Sold by
Renegar Rama H
Bought by
Vkare Llc
Seller's Agent
Keith Race
ENGEL & VOLKERS NEW SMYRNA
Buyer's Agent
Milagros Franqui
FRANQUI REALTY ALL HOMES & PRO
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%
Current Estimated Value
$2,040,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$840,502
Avg. Annual Appreciation
4.56%
Original Mortgage
$900,000
Outstanding Balance
$795,362
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$772,516

Purchase Details

Closed on
Nov 18, 2011
Sold by
Hess Shane D and Hess Jami L
Bought by
Sukitjavanich Chachaval

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$762,000
Interest Rate
4.17%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 19, 2011
Sold by
Fitzgibbon Henry J and Tetra Tech Inc
Bought by
Wachovia Bank Na

Purchase Details

Closed on
Apr 25, 2006
Sold by
Doan Mira Inc
Bought by
Hog Llc

Purchase Details

Closed on
Oct 16, 1995
Sold by
Tr'S Emory L and Tr'S Betty
Bought by
Renegar Rama H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.72%
Mortgage Type
New Conventional
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
Vkare Llc $1,200,000 Platinum Ttl Of Ctrl Fl Llc
Sukitjavanich Chachaval $1,162,000 Paragon Title Group
Wachovia Bank Na -- None Available
Hog Llc $1,200,000 Dominion Title Company
Renegar Rama H $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vkare Llc $900,000
Previous Owner Sukitjavanich Chachaval $762,000
Previous Owner Renegar Rama H $315,000
Previous Owner Fitzgibbon Henry J $150,000
Previous Owner Renegar Rama H $50,000
Previous Owner Renegar Rama H $376,000
Previous Owner Renegar Rama A $40,000
Previous Owner Renegar Rama H $259,000
Previous Owner Renegar Rama H $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2019 12/22/19 Off Market $1,200,000 -- --
09/20/2019 09/20/19 Sold $1,200,000 -7.7% $580 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
05/04/2018 05/04/18 Price Changed $1,300,000 0.0% $628 / Sq Ft
05/04/2018 05/04/18 For Sale $1,300,000 +0.8% $628 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
04/15/2008 04/15/08 For Sale $1,290,000 -- $623 / 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 $10,289 $558,000 $550,000 $8,000
2024 $10,224 $558,000 $550,000 $8,000
2023 $10,224 $558,000 $550,000 $8,000
2022 $10,266 $558,000 $550,000 $8,000
2021 $9,512 $508,000 $500,000 $8,000
2020 $13,645 $757,384 $430,000 $327,384
2019 $4,941 $295,404 $0 $0
2018 $4,359 $289,896 $0 $0
2017 $4,299 $517,441 $300,000 $217,441
2016 $4,273 $511,677 $300,000 $211,677
2015 $4,348 $495,869 $300,000 $195,869
2014 -- $417,530 $300,000 $117,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O4842390

Stellar MLS

APN: 20-2431-0000-00-017