NOT LISTED FOR SALE

Estimated Value: $177,000

17 Acres
$10,542 Price per Acre
731,372 Sq Ft Lot

Last Sold April 25, 2024

Last sale price $5,735,000

Current estimated payment $977/month

57 Days on Market

About This Lot

As of April 2024

This flat, two-parcel development site is high and dry, on the east side of US Hwy 41 just south of SR 52, in the center of Central Pasco rapid development. Access to all of the site via Shettle Public road ROW delivers full use of the site for a variety of Retail possibilities fronting US Hwy 41, Medical Office or Multi-Family and/or Self-Storage. Former (expired) Birren MPUD shows retail portion at +/-3 Acres, Medical office at +/- 8 Acres and self-storage at approx. 5.79 Acres, all accessible from Shettle Rd, a public right of way access.

2020 Demographics include a population of over 22,000 with an average income of more than $87,000 within a 5-mile radius. This is poised to increase in the next decade as Lennar acquired 5,100 acres directly west of the subject parcel for future Angeline residential development to allow up to 11,495 homes, 29 million SF of commercial and office uses. Moffitt Cancer Center and Research Institute acquired 775 acres from Lennar for a 1.4 million SF $191 million dollar research facility which will create 14,500 jobs. Within the “Wellness” community of Angeline, a $52.7M, 186,882 SqFt 6-12 grade magnet school on 18.8-acres is slated for completion April 2023. Since Pasco Hernando State College hold 29 Acres on the NWC of SR 52 and US-41, we’re sure to see a partnership with the Angeline STEAM program for a continuing education vo-tech school.

Last Agent to Sell the Property

Thomas Bible

VIP EXECUTIVE REALTY LLC Brokerage Phone: 813-475-6019 License #3049862 Listed on: 02/16/2022

Last Buyer's Agent

Thomas Bible

VIP EXECUTIVE REALTY LLC Brokerage Phone: 813-475-6019 License #3049862 Listed on: 02/16/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,336

Lot Details

  • 16.79 Acre Lot
  • Lot Dimensions are 1170 x 670 x 1025 x 693
  • Property fronts a highway
  • West Facing Home
  • Cleared Lot
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned MPUD

Community Details

  • Highway Lake Estates Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 18-25-16-0000-01100-0000

Property Details

Property Type

Land

Est. Annual Taxes

$15,336

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 16.79
  • Lot Size Sq Ft: 731372
  • Number Of Lots: 2
  • Directions to Property: US Hwy 41 9.25 miles North from SR 54 or South 1/2 mile from SR 52 at Shettle Rd on the east side of the highway in Land O Lakes.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 170677190
  • RATIO Current Price By Calculate: 7.84
  • Total Acreage: 10 to less than 20
  • Water Access YN: 0
  • AG Exemption YN: 1
  • Attribution Contact: 813-475-6019
  • Tax Year: 2021
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 18908

Exterior Features

  • Direction Faces: West
  • Road Frontage Type: Divided Highway
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2014-09-26
  • Flood Zone Panel: 12101C0217F
  • Price Per Acre: 341572

Utilities

  • Utilities: Electrical Nearby, Electricity Available
  • Sewer: None
  • Water Source: None

Fee Information

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

Lot Info

  • Zoning: MPUD
  • Parcel Number: 18-25-16-0000-01100-0000
  • Additional Parcels Description: 16-25-18-0000-01200-0000
  • Additional Parcels: Yes
  • Current Use: Unimproved
  • Lot Features: Buildable, Cleared, Paved
  • Lot Dimensions: 1170 x 670 x 1025 x 693
  • Flood Zone Code: X
  • Lot Size Square Meters: 67947
  • Zoning Compatible YN: 1
  • Current Adjacent Use: Commercial,Residential

Tax Info

  • Tax Annual Amount: 15336
  • Tax Block: 0000
  • Tax Book Number: 7-6
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2017
Bought by
D W Lester & Sons Inc
Total Days on Market
57
Current Estimated Value
$177,000

Purchase Details

Closed on
Feb 25, 2015
Sold by
Weber Barry
Bought by
Carter David R and Carter Victoria H

Purchase Details

Closed on
Feb 27, 1998
Sold by
Clemente Dolores S
Bought by
Birren James P and Birren Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.86%
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
D W Lester & Sons Inc $500,000 --
Carter David R -- Attorney
Birren James P $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Birren James P $10,000
Previous Owner Birren James P $45,000
Previous Owner Birren James P $20,000
Previous Owner Birren James P $35,000
Previous Owner Birren James P $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $5,735,000 -11.8% --
04/15/2022 04/15/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $6,500,000 -- --
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
2023 $461 $17,630 $0 $0
2022 $397 $25,500 $25,500 $0
2021 $382 $25,500 $0 $0
2020 $291 $13,260 $0 $0
2019 $286 $13,260 $13,260 $0
2018 $280 $13,260 $13,260 $0
2017 $284 $13,260 $13,260 $0
2016 $1,036 $54,786 $13,260 $41,526
2015 $1,036 $53,592 $13,260 $40,332
2014 $1,034 $55,033 $13,260 $41,773
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: W7842370

Stellar MLS

APN: 16-25-18-0000-01200-0000