NOT LISTED FOR SALE

1555 N Kings Hwy Fort Pierce, FL 34947

Estimated Value: $612,000

40.1 Acres
$15,262 Price per Acre
1,746,756 Sq Ft Lot

Last Sold December 14, 2016

Last sale price $850,000

Est. 28% decrease in value since last sale

Current estimated payment $3,831/month

124 Days on Market

About This Lot

As of December 2016

BANK OWNED. Highly improved, professionally designed and engineered nursery. A must see for a discerning grower looking to expand to a well located site with excellent transportation advantages. Located near I-95 and Florida Turnpike interchanges. Office, Packing building/loading dock, greenhouses Cravo Retractable and fixed shade.Greenhouse 1: 28,800 SFShade House 1: 237,808 SFShade House 2: 162,112 SFCravo Retractable 3: 152,064 SFCravo Retractable Shade 4: 1

Last Agent to Sell the Property

Phillip P Strazzulla

Coldwell Banker Paradise License #3339351 Listed on: 07/12/2016

Coldwell Banker Paradise

Co-Listed By

Hoyt Murphy

Coldwell Banker Paradise License #186988

Last Buyer's Agent

Phillip P Strazzulla

Coldwell Banker Paradise License #3339351 Listed on: 07/12/2016

Coldwell Banker Paradise

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,217

Lot Details

  • 40.1 Acre Lot
  • Lot Dimensions are 1235x1294
  • Paved or Partially Paved Lot
  • Property is zoned AG-1

Utilities

  • Underground Utilities

Community Details

  • North St. Lucie Drainage Subdivision

Listing and Financial Details

  • Assessor Parcel Number 230214100010004

Property Details

Property Type

Land

Est. Annual Taxes

$16,217

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Directions: Interstate I-95 to Exist 131, (Orange Avenue-State Road 68), west to Kings Highway, turn Right 1.1 miles north on Kings Highway to the property on your left.
  • Special Features: RealEstateOwned

Exterior Features

  • Road Surface Type: Paved
  • Waterfront: No

Utilities

  • Utilities: Electricity Available, Phone Available, Underground Utilities, Water Available

Lot Info

  • Parcel #: 230214100010004
  • Lot Size Acres: 40.1
  • Lot Size: 1235x1294
  • Number Of Lots: 1
  • Zoning Description: AG-1

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 16217.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2016
Closed on
Dec 15, 2016
Sold by
Florida Federal Land Bank Association
Bought by
Full Bloom Properties Llc
Seller's Agent
Phillip P Strazzulla
Coldwell Banker Paradise
Buyer's Agent
Phillip P Strazzulla
Coldwell Banker Paradise
List Price
$1,200,000
Sold Price
$850,000
Premium/Discount to List
-$350,000
-29.17%
Current Estimated Value
$612,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$238,000
Original Mortgage
$2,100,000
Outstanding Balance
$1,710,094
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 12, 2016
Closed on
Dec 14, 2016
Sold by
Florida Federal Land Bank Association
Bought by
Full Bloom Properties Llc
Seller's Agent
Phillip P Strazzulla
Coldwell Banker Paradise
Buyer's Agent
Phillip P Strazzulla
Coldwell Banker Paradise
List Price
$1,200,000
Sold Price
$850,000
Premium/Discount to List
-$350,000
-29.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Outstanding Balance
$1,710,094
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2015
Sold by
Kraft Gardens Inc
Bought by
Florida Federal Land Bank Association Fl

Purchase Details

Closed on
Aug 1, 2002
Sold by
Kraft Albert H and Kraft Mildred E
Bought by
Kraft Gardens Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,930
Interest Rate
6.52%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Full Bloom Properties Llc $850,000 None Available
Full Bloom Properties Llc $850,000 None Available
Florida Federal Land Bank Association Fl $857,500 Attorney
Kraft Gardens Inc $208,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Full Bloom Properties Llc $2,100,000
Closed Full Bloom Properties Llc $2,100,000
Previous Owner Kraft Gardens Inc $207,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2016 12/14/16 Sold $850,000 -29.2% --
11/14/2016 11/14/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $1,200,000 -- --
Source: BeachesMLS

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 $18,388 $903,600 $80,200 $823,400
2024 $18,864 $911,300 -- --
2023 $18,864 $1,066,100 $0 $0
2022 $18,401 $1,127,100 $0 $0
2021 $15,483 $723,300 $80,200 $643,100
2020 $15,620 $724,900 $80,200 $644,700
2019 $15,590 $733,200 $80,200 $653,000
2018 $14,112 $718,900 $80,200 $638,700
2017 $21,436 $793,800 $391,000 $402,800
2016 $24,778 $1,209,700 $401,000 $808,700
2015 $16,217 $780,960 $371,960 $409,000
2014 $15,129 $693,164 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10250444

BeachesMLS

APN: 23-02-141-0001-0004