NOT LISTED FOR SALE

18400 Us Highway 27 Clermont, FL 34715

Estimated Value: $2,408,251

26.26 Acres
$91,708 Price per Acre
1,143,886 Sq Ft Lot

Last Sold March 16, 2018

Last sale price $1,399,998

Est. 72% increase in value since last sale

Current estimated payment $12,641/month

530 Days on Market

Highlights

  • 26.26 Acre Lot
  • No HOA
  • Heating Available
  • Lake Minneola High School Rated A-
  • Gentle Sloping Lot

About This Lot

As of March 2018

26+ - acres with approximately 1336 ft. on busy US Hwy. 27. This property is in the city limits of Minneola. High profile Commercial/Retail in an area of dense Residential and Commercial development. Zoned B-1 with the city, the property meets concurrency with water and sewer available. Electricity and phone service are available at the front of the property. Direct frontage on Hwy. 27 with a median cut allowing turn lanes from both directions. Offering high visibility this property is near several, already approved , residential projects including The Hills of Minneola, which will offer Commercial/Retail as well as Residential. Many other projects are to be built in this rapidly growing area. Proposed projects , upon completion, will exceed 10,000 homes as well as Multi-Family, Retail and Commercial. Sitting close to the new Florida Turnpike interchange this property is very centrally located and has close access to many major highways including, Hwy. 50, U.S. Hwy. 27 and the Florida Turnpike.

Last Agent to Sell the Property

Carolyn Bagony

BONJORN REAL ESTATE License #574807 Listed on: 08/10/2016

Last Buyer's Agent

Tony Wong, LLC

SANCTUM REALTY PROFESSIONALS LLC License #3150180

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $250

Lot Details

  • 26.26 Acre Lot
  • Lot Dimensions are 1336.57x745.92x1360.70x941.61
  • Property fronts a highway
  • West Facing Home
  • Gentle Sloping Lot

Location

  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2500
  • Assessor Parcel Number 36-21-25-000400002500

Property Details

Property Type

Land

Est. Annual Taxes

$250

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 26.26
  • Lot Size Sq Ft: 1143885
  • Status: Sold
  • Total Acreage: 20 to less than 50
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.93333
  • Price per Sq Ft: 1.22
  • Close to Original List Price Ratio: 0.66667
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2016
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Direction Faces: West
  • Road Frontage Type: Highway
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Front Footage: 1336
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12069C0560E
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Sewer Available, Water Available
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: A
  • Parcel Number: 36-21-25-000400002500
  • Additional Parcels: No
  • Current Use: Commercial
  • Lot Features: Gentle Sloping, City Lot
  • Lot Dimensions: 1336.57x745.92x1360.70x941.61
  • Millage Rate: 20.03
  • Price Per Acre: 53313
  • Flood Zone Code: AE
  • Flood Zone Date: 2012-12-18
  • Current Adjacent Use: Church
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 250
  • Tax Block: 000
  • Tax Book Number: 0
  • Tax Lot: 2500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2016
Closed on
Mar 16, 2018
Sold by
Wade Christian M and Wade Judith Ann
Bought by
L K Chow Llc
Seller's Agent
Carolyn Bagony
BONJORN REAL ESTATE
Buyer's Agent
Tony Wong, LLC
SANCTUM REALTY PROFESSIONALS LLC
List Price
$2,100,000
Sold Price
$1,399,998
Premium/Discount to List
-$700,002
-33.33%
Current Estimated Value
$2,408,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,008,253
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Aug 1, 2005
Sold by
Lake Shepherd Lllc
Bought by
Wade Christian M and Wade Judith Ann

Purchase Details

Closed on
Jul 30, 2004
Sold by
Calvary Church Inc
Bought by
Lake Shepherd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.24%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 25, 2002
Sold by
Saidi Ahmad and Saidi Ahmad Y
Bought by
Saidi Marwan

Purchase Details

Closed on
Dec 5, 2001
Sold by
Roy William Glenn
Bought by
Calvary Church Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2001
Sold by
Saidi Marwan
Bought by
Roy William Glenn

Purchase Details

Closed on
Mar 27, 1997
Sold by
Saidi Ahmad Y
Bought by
Saqr Hatem A
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
L K Chow Llc $1,399,998 Apple Title Ltd
Wade Christian M $2,100,800 --
Lake Shepherd Llc $1,125,000 North American Title Co
Saidi Marwan -- --
Calvary Church Inc $280,000 --
Roy William Glenn -- --
Roy William Glenn -- --
Saidi Marwain -- --
Saqr Hatem A $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lake Shepherd Llc $700,000
Previous Owner Roy William Glenn $280,000
Closed Saidi Marwain $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2018 03/16/18 Sold $1,399,998 -6.7% --
01/23/2018 01/23/18 Pending -- -- --
11/20/2017 11/20/17 Price Changed $1,500,000 -16.7% --
12/02/2016 12/02/16 Price Changed $1,800,000 -14.3% --
08/10/2016 08/10/16 For Sale $2,100,000 -- --
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 $137 $7,613 -- --
2024 $137 $7,613 -- --
2023 $137 $7,613 $0 $0
2022 $138 $7,613 $0 $0
2021 $142 $7,613 $0 $0
2020 $144 $7,613 $0 $0
2019 $151 $7,613 $0 $0
2018 $20,489 $1,042,815 $0 $0
2017 $247 $12,463 $0 $0
2016 $250 $12,463 $0 $0
2015 $257 $12,463 $0 $0
2014 $260 $12,463 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G4831054

Stellar MLS

APN: 36-21-25-0004-000-02500