NOT LISTED FOR SALE

1852 Chesapeake Dr Odessa, FL 33556

Odessa Neighborhood

Estimated Value: $1,062,000 - $1,506,488

2.5 Acres
$522,998 Price per Acre
108,900 Sq Ft Lot

Last Sold July 12, 2021

Last sale price $450,000 $483 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $8,576/month

39 Days on Market

Highlights

  • 205 Feet of Waterfront
  • Lake View
  • No HOA
  • Odessa Elementary School Rated A-
  • 2.5 Acre Lot
  • 4-minute walk to Odessa Park

About This Lot

As of July 2021

Just listed! WATERFRONT BUILD OPPORTUNITY, Developers welcome to this amazing and rare opportunity to build your dream home or possibly even 2 or 3 homes on this gorgeous waterfront land! The property boast over 205 feet of fresh water, spring fed ski lake access LAKE MINEOLA! Bring your boat, jet skis and fishing poles and prepare to enjoy the Florida lifestyle at its absolute best! There are 2 older dilapidated homes that would cost about 7-9,000 to demo and remove. This should also reduce your impact fees and build cost due to the homes already being there. This is a great opportunity in Odessa, close to the expressway, shopping and all that Tampa Bay has to offer! The property is already cleared and has gorgeous Oaks, Cypress and other trees that provide nice shade! Don't let this one pass you by, the market is super hot and we expect to have lots of interest soon! Also included in this sale is the property at 1900 Chesapeake Dr, Odessa.

Last Agent to Sell the Property

Brandon Rimes

KELLER WILLIAMS REALTY- PALM H License #3228106 Listed on: 04/27/2021

KELLER WILLIAMS REALTY- PALM H

Last Buyer's Agent

Erin Foley

KELLER WILLIAMS REALTY- PALM H License #3395649

KELLER WILLIAMS REALTY- PALM H

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,247

Lot Details

  • 2.5 Acre Lot
  • 205 Feet of Waterfront
  • Lake Front
  • The property's road front is unimproved
  • Property fronts a county road
  • North Facing Home
  • Fenced
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned R1MH

Property Views

  • Lake Views

Utilities

  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Block 1
  • Assessor Parcel Number 35-26-17-0010-0NW01-0020

Community Details

Overview

  • No Home Owners Association
  • Keystone Park Colony Land Co Subdivision

Recreation

  • Access To Lake
  • Water Skiing Allowed

Property Details

Property Type

Land

Est. Annual Taxes

$4,247

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 2.5
  • Lot Size Sq Ft: 109025
  • Number Of Lots: 2
  • Directions to Property: 54 take left onto Black Lake Road to Chesapeake to address.
  • Status: Sold
  • Total Acreage: 2 to less than 5
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 4.13
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1852

Exterior Features

  • Direction Faces: North
  • Road Frontage Type: County Road
  • Water Body Name: Lake Mineola
  • Waterfront: Yes
  • Road Surface Type: Unimproved
  • Water View: Lake
  • Water Access: Lake
  • Water Extras: Skiing Allowed
  • Water View Y N: Yes
  • Front Footage: 205
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12101C0387F
  • Waterfront Frontage: 205
  • Water Frontage Feet Lake: 205

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Fiber Optics
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R1MH
  • Parcel Number: 35-26-17-0010-0NW01-0020
  • Additional Parcels Description: 35-26-17-0010-0NW08-0030
  • Additional Parcels: Yes
  • Current Use: Residential
  • Fencing: Boundary Fencing
  • Lot Features: In County
  • Lot Dimensions: irregular
  • Price Per Acre: 180000
  • Flood Zone Code: A
  • Flood Zone Date: 2014-09-26
  • Current Adjacent Use: Residential

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 4247
  • Tax Block: 1
  • Tax Book Number: 1-64
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jul 13, 2021
Sold by
Knutson Carl Henry and Knutson Carl
Bought by
Ting Jennifer Velasco and Ting Shawn
Seller's Agent
Brandon Rimes
KELLER WILLIAMS REALTY- PALM H
Buyer's Agent
Erin Foley
KELLER WILLIAMS REALTY- PALM H
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$1,307,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$857,496
Avg. Annual Appreciation
28.47%
Original Mortgage
$1,155,700
Outstanding Balance
$1,055,780
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$210,441

Purchase Details

Closed on
Oct 3, 2017
Sold by
Knutson Kathy and Knutson Katherine
Bought by
Knutson Carl Henry and Knutson Katherine Anne Thomas

Purchase Details

Closed on
May 20, 1997
Sold by
Lyon Susan C
Bought by
St John Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.2%
Mortgage Type
New Conventional
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
Ting Jennifer Velasco $450,000 Issured Title Agency Llc
Knutson Carl Henry -- Attorney
St John Jeanne $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ting Jennifer Velasco $1,155,700
Previous Owner St John Jeanne $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $450,000 0.0% $483 / Sq Ft
06/07/2021 06/07/21 For Sale $450,000 0.0% $483 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
05/05/2021 05/05/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $450,000 -- $483 / 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 $17,409 $1,056,241 $304,226 $752,015
2023 $16,918 $1,031,597 $304,226 $727,371
2022 $4,627 $282,926 $282,926 $0
2021 $4,369 $262,729 $253,750 $8,979
2020 $4,247 $255,301 $246,750 $8,551
2019 $4,282 $255,194 $246,750 $8,444
2018 $4,205 $249,867 $241,850 $8,017
2017 $4,085 $237,840 $231,850 $5,990
2016 $4,097 $237,554 $231,850 $5,704
2015 $4,176 $237,237 $231,850 $5,387
2014 $4,094 $236,981 $231,850 $5,131
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3303472

Stellar MLS

APN: 35-26-17-0010-0NW01-0020