NOT LISTED FOR SALE

Estimated Value: $496,000 - $1,218,716

3.7 Acres
$231,718 Price per Acre
161,172 Sq Ft Lot

Last Sold March 20, 2015

Last sale price $550,000

Est. 56% increase in value since last sale

Current estimated payment $5,323/month

1,080 Days on Market

Highlights

  • 3.7 Acre Lot
  • Corner Lot
  • No HOA

About This Lot

As of March 2015

Highly sought after B5 Zoning on 3.75 acres In City Limits 650' hwy frontage, crossover, on well traveled N Pine Ave (AKA Hwy 441,301, & 27) High traffic count and visibility with streets on 3 sides. Has Paved half moon driveway, Signage, and utility pole. Ready for your choice of business construction with City approvals.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,464

Lot Details

  • 3.7 Acre Lot
  • Lot Dimensions are 650x250
  • Property fronts a highway
  • Corner Lot
  • Cleared Lot
  • Property is zoned B-5 Heavy Business

Community Details

  • No Home Owners Association
  • Comm Nonsub Subdivision

Listing and Financial Details

  • Property Available on 2/27/12
  • Assessor Parcel Number 25448-001-00

Property Details

Property Type

Land

Est. Annual Taxes

$7,464

Lot Details

3.7 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Commercial
  • Fireplace: No
  • Lot Size Acres: 3.7
  • Lot Size Sq Ft: 162479
  • Status: Sold
  • Street Direction: N
  • RATIO Current Price By Calculate: 3.39
  • Total Acreage: Two + to Five Acres
  • Water Access YN: 0
  • Barn Features: None
  • Last Date Available: 2015-03-31T00:00:00.000
  • Tax Year: 2018
  • Special Features: None

Exterior Features

  • Exterior Features: Other
  • Road Frontage Type: Highway
  • Water View YN: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Street Lights
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: B-5 Heavy Business
  • Parcel Number: 25448-001-00
  • Additional Parcels: No
  • Lot Features: Cleared, Corner Lot, City Limits, Paved
  • Lot Dimensions: 650x250

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2012-02-27
  • Additional Lease Restrictions: Zoning Only
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 7464

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2016
Sold by
Central Florida Auto Wholesale Inc
Bought by
M&D Real Estate Investments Of Lakeland
Current Estimated Value
$857,358

Purchase Details

Listed on
Feb 27, 2012
Closed on
Mar 20, 2015
Sold by
Novia Group Llc
Bought by
Central Florida Auto Wholesale Inc
List Price
$695,000
Sold Price
$550,000
Premium/Discount to List
-$145,000
-20.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%
Original Mortgage
$500,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 16, 2010
Sold by
Iberiabank
Bought by
Novia Group Llc

Purchase Details

Closed on
Feb 11, 2009
Sold by
Advanced Landholdings Inc
Bought by
Capitalsouth Bank

Purchase Details

Closed on
Oct 30, 2003
Sold by
Wilkinson Ben N
Bought by
Advanced Landholdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.5%
Mortgage Type
Seller Take Back
Source: Public Records
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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
M&D Real Estate Investments Of Lakeland -- Attorney
Central Florida Auto Wholesale Inc $550,000 Advantage Title Llc
Novia Group Llc $520,000 Attorney
Capitalsouth Bank $275,000 None Available
Advanced Landholdings Inc $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Central Florida Auto Wholesale Inc $500,000
Previous Owner Advanced Landholdings Inc $295,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Off Market $550,000 -- --
03/20/2015 03/20/15 Sold $550,000 -20.9% --
02/05/2015 02/05/15 Pending -- -- --
02/21/2012 02/21/12 For Sale $695,000 -- --
Source: Stellar MLS

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 $11,040 $540,719 -- --
2024 $9,102 $491,563 -- --
2023 $8,672 $446,875 $0 $0
2022 $7,182 $406,250 $406,250 $0
2021 $7,406 $406,250 $406,250 $0
2020 $7,428 $406,250 $406,250 $0
2019 $7,501 $406,250 $406,250 $0
2018 $7,383 $406,250 $406,250 $0
2017 $7,503 $406,250 $406,250 $0
2016 $7,596 $406,250 $0 $0
2015 $7,716 $406,250 $0 $0
2014 $7,182 $406,250 $0 $0
Source: Public Records

Map

Source: Stellar MLS

MLS Number: OM370806

Stellar MLS

APN: 25448-001-00

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