NOT LISTED FOR SALE

2303 E Orange Ave Eustis, FL 32726

Estimated Value: $629,822 - $881,000

13.82 Acres
$54,661 Price per Acre
601,999 Sq Ft Lot

Last Sold August 27, 2019

Last sale price $385,000 $181 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,709/month

114 Days on Market

Highlights

  • 900 Feet of Waterfront
  • 13.82 Acre Lot
  • Heating Available
  • Oak Trees
  • No HOA

About This Lot

As of August 2019

SR 44 Lake Front 13.82 +/- acres currently zoned R-2 can be annexed into city of Eustis and rezoned for mixed use, natural gas lines present, city water & sewer on 2 sides of property, one is located on the eastern corner of Orange Ave/SR 44 & the other location is at cul de sac on Cricket Hollow Lane, 1,000+/- feet frontage on Orange Ave/SR44, older house of little or no value located on property with septic, power company is SECO, property is in CRD & Brownfield district,. 900+/- Feet on Lake Willie
Conceptual site plan Shows the possibility of 132 residential units and 10,500 SF commercial
Current reports on hand include phase1, boundary & topo survey, ecological assessment and wetland mapping
Property is a prime redevelopment site with possible tax incentives available
Corner mixed use parcel for sale as well see listing G5014251

Last Agent to Sell the Property

Seth Richard

RICHLAND PROPERTIES License #648779 Listed on: 02/12/2019

Co-Listed By

Peter Mustafa

RICHLAND PROPERTIES License #671486

Last Buyer's Agent

Kathryn Keating

GALLERY PROPERTIES INTERNATIONAL License #448536

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,552

Lot Details

  • 13.82 Acre Lot
  • Lot Dimensions are 10001 x 601
  • 900 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • South Facing Home
  • Oak Trees
  • Property is zoned RP

Utilities

  • Well
  • Septic Needed
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 10000
  • Assessor Parcel Number 12-19-26-000100010000

Community Details

Overview

  • No Home Owners Association
  • Acreage Subdivision

Recreation

  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$5,552

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 13.82
  • Lot Size Sq Ft: 601999
  • Status: Sold
  • Street Direction: E
  • Total Acreage: 10 to less than 20
  • Ratio: Close Price\List Price: 0.97468
  • Price per Sq Ft: 0.64
  • Close to Original List Price Ratio: 0.97468
  • View: No
  • Co List Office Mls Id: 260501153
  • Co List Office Phone: 352-267-0794
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: South
  • Road Frontage Type: County Road, Main Throrughfare
  • Water Body Name: Lake Willie
  • Waterfront: Yes
  • Easements: Check With County
  • Water Access: Lake
  • Water View Y N: No
  • Front Footage: 1000
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12069C0356E
  • Waterfront Frontage: 900
  • Water Frontage Feet Lake: 900

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Private, Sewer Nearby, Water Nearby
  • Sewer: Septic Needed
  • Water Source: Private, Well
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RP
  • Parcel Number: 12-19-26-000100010000
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Brownfield
  • Lot Dimensions: 10001 x 601
  • Price Per Acre: 27858
  • Flood Zone Code: AE
  • Flood Zone Date: 2012-12-18
  • Current Adjacent Use: Commercial, Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 5552
  • Tax Block: 000
  • Tax Book Number: 8-44
  • Tax Lot: 10000

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2019
Closed on
Aug 27, 2019
Sold by
Airashid Usa Group Lc
Bought by
2303 Orange Ave Llc
Seller's Agent
Seth Richard
RICHLAND PROPERTIES
Buyer's Agent
Kathryn Keating
GALLERY PROPERTIES INTERNATIONAL
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%
Current Estimated Value
$755,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,411
Avg. Annual Appreciation
11.24%

Purchase Details

Listed on
Aug 6, 2010
Closed on
Jan 12, 2018
Sold by
United Southern Bank
Bought by
Alrashid Usa Group Llc
Seller's Agent
Dan Tatro
GRIZZARD COMMERCIAL REALESTATE
Buyer's Agent
Seth Richard
RICHLAND PROPERTIES
List Price
$399,000
Sold Price
$300,000
Premium/Discount to List
-$99,000
-24.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.65%

Purchase Details

Closed on
Sep 2, 2004
Sold by
Baugh Daniel L
Bought by
Buxman John R and Buxman Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
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
2303 Orange Ave Llc $385,000 Central Florida Ttl Ctr Llc
Alrashid Usa Group Llc $300,000 Attorney
Buxman John R $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buxman John R $287,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2019 08/27/19 Sold $385,000 -2.5% $181 / Sq Ft
06/06/2019 06/06/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $395,000 0.0% $186 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $395,000 +31.7% $186 / Sq Ft
04/12/2018 04/12/18 Off Market $300,000 -- --
01/12/2018 01/12/18 Sold $300,000 -24.8% $108 / Sq Ft View Prior Sale
12/19/2017 12/19/17 Pending -- -- --
10/03/2017 10/03/17 For Sale $399,000 0.0% $144 / Sq Ft
07/15/2017 07/15/17 Price Changed $399,000 -20.0% $144 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
05/07/2015 05/07/15 For Sale $499,000 +66.3% $180 / Sq Ft
05/01/2015 05/01/15 Off Market $300,000 -- --
08/06/2010 08/06/10 For Sale $499,000 -- $180 / 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
2026 $8,881 $458,362 $458,362 --
2025 $7,859 $458,362 $458,362 --
2024 $7,859 $458,362 $458,362 --
2023 $7,859 $392,901 $392,901 $0
2022 $7,296 $357,195 $357,195 $0
2021 $7,759 $381,812 $0 $0
2020 $8,150 $381,812 $0 $0
2019 $5,664 $349,792 $0 $0
2018 $5,552 $349,792 $0 $0
2017 $5,489 $346,562 $0 $0
2016 $5,590 $346,562 $0 $0
2015 $5,745 $344,697 $0 $0
2014 $5,774 $343,002 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Seth Richard

    RICHLAND PROPERTIES

    (352) 267-0794

    15 Total Sales

    Seth Richard
    Section Image
  • Peter Mustafa

    Seller Co-Listing Agent in 2019

    Peter Mustafa

    RICHLAND PROPERTIES

    (352) 217-3045

    4 Total Sales

    Peter Mustafa
    Section Image

  • K

    Buyer's Agent in 2019

    Kathryn Keating

    GALLERY PROPERTIES INTERNATIONAL

    (407) 758-5644

    6 Total Sales

    Kathryn Keating
    Section Image
  • Dan Tatro

    Seller's Agent in 2018

    Dan Tatro

    GRIZZARD COMMERCIAL REALESTATE

    (352) 396-9136

    4 in this area

    86 Total Sales

    Dan Tatro
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: G5011999

Stellar MLS

APN: 12-19-26-0001-000-10000

Florida Lake County Eustis 32726

2303 E Orange Ave, Eustis, FL

Not Listed for Sale

Lots

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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