NOT LISTED FOR SALE

1509 N Arcadia Ave Arcadia, FL 34266

Estimated Value: $358,478 - $393,000

4 Beds
2 Baths
2,175 Sq Ft
$173/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $350,000 $161 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,459/month

187 Days on Market

Highlights

  • Oak Trees
  • 1.14 Acre Lot
  • Ranch Style House
  • City View
  • Vaulted Ceiling
  • Attic

About This Home

As of October 2023

Beautiful brick ranch style home on 1.14 acres in the City of Arcadia. This 4 bedroom/2 bath home backs up to a large wooded acreage with an extra detached garage in back. The large spacious rooms allow for entertaining and family time. French doors in both dining room and master bedroom directly on to the large screened in porch. Nice brick bar-b-q area is also in the large back yard. The 4th bedroom has an exterior entry and can be used as a family room or office as well. Roof is new in 2023, Solar system is new is 2023.

Last Agent to Sell the Property

Timothy Backer

TIMOTHY D BACKER Brokerage Phone: 863-494-7075 License #173907 Listed on: 02/28/2023

Last Buyer's Agent

Oralia Ramirez

RMZ REALTY INC. License #3174844

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,158

Year Built

  • Built in 1987

Lot Details

  • 1.14 Acre Lot
  • East Facing Home
  • Mature Landscaping
  • Level Lot
  • Oak Trees
  • Property is zoned RSF-1

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,175 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Inside Utility
  • Laundry Room
  • City Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Eco-Friendly Details

  • Solar Water Heater

Outdoor Features

  • Screened Patio
  • Private Mailbox
  • Front Porch

Schools

  • West Elementary School
  • Desoto Middle School
  • Desoto County High School

Utilities

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

Community Details

  • No Home Owners Association
  • Desoto County Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,158

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Brick
  • Fireplace: No
  • Living Area: 2175
  • Lot Size Acres: 1.14
  • New Construction: No
  • Year Built: 1987
  • Building Area Total: 3262
  • Lot Size Sq Ft: 49658
  • Number Of Lots: 1
  • Status: Sold
  • Street Direction: N
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 160.92
  • Total Acreage: 1 to less than 2
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Split Bedroom, Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Solar Hot Water
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic,Inside Utility
  • Living Area Meters: 202.06

Exterior Features

  • Direction Faces: East
  • Exterior Features: Private Mailbox
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: City
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Screened
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side

Utilities

  • Utilities: Cable Connected, Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: West Elementary School
  • High School: DeSoto County High School
  • Middle Or Junior School: DeSoto Middle School

Lot Info

  • Zoning: RSF-1
  • Parcel Number: 24-37-24-0000-0020-0000
  • Additional Parcels: No
  • Lot Features: City Limits, Landscaped, Level, Paved
  • Property Attached Yn: No
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 2158.41
  • Tax Block: 0000
  • Tax Lot: 0020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Oct 6, 2023
Sold by
Edgemon Kimbra
Bought by
Villarreal Erasmo David and Villarreal Christena Renee
Seller's Agent
Timothy Backer
TIMOTHY D BACKER
Buyer's Agent
Oralia Ramirez
RMZ REALTY INC.
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Views
353
Current Estimated Value
$375,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,620
Avg. Annual Appreciation
3.49%
Original Mortgage
$35,000
Outstanding Balance
$34,320
Interest Rate
7.18%
Mortgage Type
VA
Estimated Equity
$341,300

Purchase Details

Closed on
May 1, 2018
Sold by
Edgemon Kimbra and Nabell Joyce A
Bought by
Nabell Joyce A and Edgemon Kimbra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
4.73%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 23, 2018
Sold by
Edgemon Kimbra and Nabell Joyce A
Bought by
Nabell Joyce A and Edgemon Kimbra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
4.73%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Nov 8, 2010
Sold by
Nabell Joyce A
Bought by
Edgemon Kimbra
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
Villarreal Erasmo David $350,000 Arcadia Abstract & Title
Nabell Joyce A $282,000 None Listed On Document
Nabell Joyce A $282,000 Attorney
Edgemon Kimbra -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villarreal Erasmo David $35,000
Previous Owner Nabell Joyce A $282,000
Previous Owner Nabell Joyce A $282,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2023 10/06/23 Sold $350,000 -9.1% $161 / Sq Ft
09/04/2023 09/04/23 Pending -- -- --
08/29/2023 08/29/23 Price Changed $384,900 -3.5% $177 / Sq Ft
08/26/2023 08/26/23 For Sale $399,000 0.0% $183 / Sq Ft
07/16/2023 07/16/23 Pending -- -- --
05/26/2023 05/26/23 Price Changed $399,000 -4.8% $183 / Sq Ft
03/25/2023 03/25/23 Price Changed $419,000 -5.8% $193 / Sq Ft
03/16/2023 03/16/23 Price Changed $445,000 -1.1% $205 / Sq Ft
02/28/2023 02/28/23 For Sale $450,000 -- $207 / 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
2024 $5,806 $323,671 $11,500 $312,171
2023 $2,158 $313,039 $11,500 $301,539
2022 $2,158 $139,367 $0 $0
2021 $2,196 $135,308 $0 $0
2020 $2,194 $133,440 $0 $0
2019 $1,727 $130,440 $0 $0
2018 $1,114 $128,008 $0 $128,008
2017 $1,653 $125,134 $0 $125,134
2016 $0 $122,560 $0 $122,560
2015 -- $121,708 $0 $121,708
2014 -- $120,742 $0 $120,742
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7472008

Stellar MLS

APN: 24-37-24-0000-0020-0000