NOT LISTED FOR SALE

2550 N Narcoossee Rd Saint Cloud, FL 34771

Estimated Value: $1,369,532

4.71 Acres
$290,771 Price per Acre
205,168 Sq Ft Lot

Last Sold September 27, 2023

Last sale price $1,400,000

Est. 2% decrease in value since last sale

Current estimated payment $7,703/month

181 Days on Market

About This Lot

As of September 2023

Location, Location, Location tells you all you need to know about this new to market 4.71 acre parcel ready for development. In the heart of the Narcoossee Corridor, just minutes from Lake Nona Medical city, the 417, OIA and the City of Saint Cloud, this one is ready to go. Zoned LDR (Low Density Residential) 3-8 Units per acre. There aren’t many parcels like this left along Narcoossee Road. Survey, and preliminary development plans are available for review. If you’ve been looking for that “just right” site for your small luxury townhome development this is IT. Leverage the design work already commissioned by the current owner or start with a blank slate!
N. Narcoossee road is a hotspot for development. This one won’t last. Call today before opportunity passes you by! 3.5 miles to VA Hospital/Lake Nona, 5.5 miles to the 417 on ramp, 7.7 Miles to OIA Lot is unimproved. Call for an appointment time to meet a representative to walk the parcel.

Last Agent to Sell the Property

Kerriann Sullivan

TOHO REALTY GROUP, LLC Brokerage Phone: 407-566-1800 License #3226306 Listed on: 03/08/2023

TOHO REALTY GROUP, LLC

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,531

Lot Details

  • 4.71 Acre Lot
  • Lot Dimensions are 331x25x564x331x597
  • Property is zoned AC

Schools

  • Narcoossee Elementary School
  • Narcoossee Middle School
  • Tohopekaliga High School

Community Details

  • No Home Owners Association
  • Narcoossee New Map Subdivision

Listing and Financial Details

  • Legal Lot and Block 32 / 1
  • Assessor Parcel Number 08-25-31-4260-0001-0312

Property Details

Property Type

Land

Est. Annual Taxes

$5,531

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 4.71
  • Lot Size Sq Ft: 205298
  • Directions to Property: From 417 go South on Narcoosee Rd, Go past Boggy Creek Rd, property is just past Narcoossee Elementary School on the Right hand side.
  • Status: Sold
  • Street Direction: N
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1045598
  • RATIO Current Price By Calculate: 6.82
  • Total Acreage: 2 to less than 5
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 2550

Exterior Features

  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Land Sales Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2013-06-18
  • Flood Zone Panel: 12097C0105G
  • Price Per Acre: 297240

Utilities

  • Utilities: Public
  • Sewer: None, Public Sewer
  • Water Source: None, Public

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

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

Schools

  • Elementary School: Narcoossee Elementary
  • High School: Tohopekaliga High School
  • Middle Or Junior School: Narcoossee Middle

Lot Info

  • Zoning: AC
  • Parcel Number: 08-25-31-4260-0001-0312
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 331x25x564x331x597
  • Flood Zone Code: AE
  • Lot Size Square Meters: 19073

Tax Info

  • Tax Annual Amount: 5531
  • Tax Block: 1
  • Tax Book Number: 19-17
  • Tax Lot: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
Sep 26, 2023
Sold by
2550 Spiral Way Land Trust
Bought by
Rethink Life Church Of Lake Nona Inc
Seller's Agent
Kerriann Sullivan
TOHO REALTY GROUP, LLC
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$1,450,000
Sold Price
$1,400,000
Premium/Discount to List
-$50,000
-3.45%
Views
227
Current Estimated Value
$1,369,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,468
Avg. Annual Appreciation
-1.06%
Original Mortgage
$780,000
Outstanding Balance
$764,575
Interest Rate
7.09%
Mortgage Type
Construction
Estimated Equity
$604,957

Purchase Details

Listed on
Nov 23, 2019
Closed on
Sep 21, 2020
Sold by
Espinal Henry E
Bought by
Tranquellino Angelo and The 2550 Spiral Way Land Trust
Seller's Agent
Henry Espinel, PA
ESG INVESTMENT ENTERPRISE INC
Buyer's Agent
Kerriann Sullivan
TOHO REALTY GROUP, LLC
List Price
$705,000
Sold Price
$505,000
Premium/Discount to List
-$200,000
-28.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.16%
Original Mortgage
$50,000
Interest Rate
2.35%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 2019
Sold by
Espinel Corp
Bought by
Espinel Henry E

Purchase Details

Closed on
Jun 16, 2005
Sold by
Foster James W and Aiken Carol J
Bought by
Gerwig Bayes Brenda J

Purchase Details

Closed on
Jul 23, 2001
Sold by
Clerk Circuit Court
Bought by
Jordan John I and Jordan Wanda S
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rethink Life Church Of Lake Nona Inc $1,400,000 None Listed On Document
Tranquellino Angelo $505,000 Attorney
Espinel Henry E -- Attorney
Gerwig Bayes Brenda J -- --
Jordan John I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rethink Life Church Of Lake Nona Inc $780,000
Previous Owner Tranquellino Angelo $50,000
Previous Owner Tranquellino Angelo $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2023 09/27/23 Sold $1,400,000 -3.4% --
09/06/2023 09/06/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $1,450,000 +187.1% --
09/21/2020 09/21/20 Sold $505,000 -28.4% -- View Prior Sale
03/05/2020 03/05/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $705,000 0.0% --
01/27/2020 01/27/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $705,000 0.0% --
12/24/2019 12/24/19 Pending -- -- --
12/14/2019 12/14/19 Price Changed $705,000 -6.3% --
12/09/2019 12/09/19 Price Changed $752,000 -3.2% --
11/22/2019 11/22/19 For Sale $777,150 -- --
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 $5,572 $354,500 $353,200 $1,300
2023 $5,572 $354,500 $353,200 $1,300
2022 $5,531 $354,500 $353,200 $1,300
2021 $5,664 $354,500 $353,200 $1,300
2020 $2,758 $153,400 $152,100 $1,300
2019 $2,385 $142,700 $141,300 $1,400
2018 $2,002 $105,000 $103,600 $1,400
2017 $1,892 $95,600 $94,200 $1,400
2016 $1,903 $95,600 $94,200 $1,400
2015 $1,933 $95,600 $94,200 $1,400
2014 $1,856 $95,700 $94,200 $1,500
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Stellar MLS

MLS Number: O6095514

Stellar MLS

APN: 08-25-31-4260-0001-0312