NOT LISTED FOR SALE

1311 Hancock Lone Palm Rd Orlando, FL 32828

Estimated Value: $838,306

5.8 Acres
$144,536 Price per Acre
252,648 Sq Ft Lot

Last Sold April 23, 2018

Last sale price $500,000

Est. 68% increase in value since last sale

Current estimated payment $4,532/month

232 Days on Market

Highlights

  • Property is near public transit
  • High Speed Internet
  • Heating Available
  • No HOA
  • Fenced

About This Lot

As of April 2018

An investment worthy of serious thought...DO NOT hesitate to purchase this amazing parcel having 5.8 acres, that are completely HIGH & DRY, and NOT located in a hazard flood plane! Currently zoned A-2/Farmland Rural, and located within minutes to all modern conveniences...Waterford Lakes Town Center shopping and dining, expressways, other subdivisions, and schools, and a short distance from the beach! This property is currently occupied by a nursery and landscaping tenant, and previously occupied by a feed store before that. It has EXCEPTIONAL value that's two-fold...you can run your own agricultural-type business out of this location, making great use of the 4,000 sf concrete block warehouse with metal roof, two fully functioning bathrooms, an office, and electrical utilities. The well has been upgraded, and there are three power transformers. Or see the value in the LAND, which they don't make any more!! Being high and dry, not requiring tree clearing, this acreage can be a builder's answer to develop in the popular 32828 zip code that only continues to grow! With current A-2 zoning, it is the buyers/developers sole responsibility and due diligence to submit zoning changes or any paperwork required through Orange County if purchased for future residential development. With more commercial growth coming to HWY 50, don't wait to make your money work for you!!! Schedule a showing right now!

Last Agent to Sell the Property

Cynthia Luedke

KELLER WILLIAMS ADVANTAGE REALTY License #683906 Listed on: 10/27/2016

KELLER WILLIAMS ADVANTAGE REALTY

Last Buyer's Agent

Yogesh-Aamir Bharucha

GO REALTY FL LLC License #3203104

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,067

Lot Details

  • 5.8 Acre Lot
  • Lot Dimensions are 201 x 1306
  • Property fronts a county road
  • Fenced
  • Property is zoned A-2

Location

  • Property is near public transit

Schools

  • Castle Creek Elementary School
  • Discovery Middle School
  • East River High School

Utilities

  • Well
  • Septic Needed
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Acreage & Unrec Subdivision

Listing and Financial Details

  • Legal Lot and Block 30 / 1022
  • Assessor Parcel Number 24-22-31-0000-00-030

Property Details

Property Type

Land

Est. Annual Taxes

$2,067

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 5.8
  • Lot Size Sq Ft: 252648
  • Directions to Property: Heading (E) on Colonial Drive/HWY 50, pass the Bridgewater Shopping Center, (R) on Hancock Lone Palm Road, property will be located down on the left.
  • Status: Sold
  • Total Acreage: 5 to less than 10
  • Home Warranty Y N: No
  • Subdivision Num: 0000
  • Ratio: Close Price\List Price: 0.83347
  • Price per Sq Ft: 1.98
  • Close to Original List Price Ratio: 0.71327
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 1311

Exterior Features

  • Road Frontage Type: County Road
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Front Footage: 201
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0295F

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Electricity Available
  • Sewer: Septic Needed
  • Water Source: Well
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Castle Creek Elem
  • High School: East River High
  • Middle Or Junior School: Discovery Middle

Lot Info

  • Zoning: A-2
  • Parcel Number: 24-22-31-0000-00-030
  • Additional Parcels: No
  • Current Use: Residential
  • Fencing: Boundary Fencing, Other
  • Lot Features: Buildable, In County, Near Public Transit
  • Lot Dimensions: 201 X 1306
  • Millage Rate: 16.6
  • Price Per Acre: 86207
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 2067
  • Tax Block: 1022
  • Tax Book Number: 8143/3765
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2016
Closed on
Apr 23, 2018
Sold by
Morse Robert and Morse Gloria
Bought by
Aisha Cultural Centers Inc
Seller's Agent
Cynthia Luedke
KELLER WILLIAMS ADVANTAGE REALTY
Buyer's Agent
Yogesh-Aamir Bharucha
GO REALTY FL LLC
List Price
$649,900
Sold Price
$500,000
Premium/Discount to List
-$149,900
-23.07%
Current Estimated Value
$838,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,306
Avg. Annual Appreciation
7.35%

Purchase Details

Closed on
Jul 15, 2005
Sold by
Litton Burdell Girstle and Litton Suzanne M
Bought by
Morse Robert and Morse Gloria

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
5.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 8, 1997
Sold by
Farm City Inc
Bought by
Litton Burdell G and Litton Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.43%
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
Aisha Cultural Centers Inc $500,000 First Service Title Of Flori
Morse Robert $250,000 First Southwestern Title Co
Litton Burdell G $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morse Robert $50,000
Previous Owner Morse Robert $200,000
Previous Owner Litton Burdell G $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2018 04/23/18 Sold $500,000 -16.7% --
06/19/2017 06/19/17 Price Changed $599,900 -7.7% --
06/17/2017 06/17/17 Pending -- -- --
12/21/2016 12/21/16 Price Changed $649,900 0.0% --
12/21/2016 12/21/16 For Sale $649,900 -7.3% --
11/10/2016 11/10/16 Pending -- -- --
10/27/2016 10/27/16 For Sale $701,000 -- --
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 -- $316,774 $220,868 $95,906
2024 -- $316,774 $220,868 $95,906
2023 $0 $316,640 $220,868 $95,772
2022 $0 $303,305 $210,350 $92,955
2021 $4,929 $311,723 $163,940 $147,783
2020 $4,504 $294,285 $163,940 $130,345
2019 $4,671 $288,221 $160,726 $127,495
2018 $3,496 $307,825 $153,072 $154,753
2017 $2,068 $129,967 $10,818 $119,149
2016 $2,100 $129,064 $10,440 $118,624
2015 $2,120 $127,209 $10,440 $116,769
2014 $1,954 $119,946 $10,440 $109,506
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Luedke

    Seller's Agent in 2018

    Cynthia Luedke

    KELLER WILLIAMS ADVANTAGE REALTY

    (407) 383-5336

    68 Total Sales

    Cynthia Luedke
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Map

Source: Stellar MLS

MLS Number: O5473199

Stellar MLS

APN: 24-2231-0000-00-030

Florida Orange County Orlando 32828

1311 Hancock Lone Palm Rd, Orlando, FL

This home is located at 1311 Hancock Lone Palm Rd, Orlando, FL 32828 since 27 October 2016 and is currently estimated at $838,306. 1311 Hancock Lone Palm Rd is a home located in Orange County with nearby schools including Castle Creek Elementary School, Discovery Middle School, and East River High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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