NOT LISTED FOR SALE

Estimated Value: $809,451 - $1,055,000

3.43 Acres
$260,005 Price per Acre
149,411 Sq Ft Lot

Last Sold July 21, 2021

Last sale price $650,000

Est. 37% increase in value since last sale

Current estimated payment $4,892/month

14 Days on Market

Highlights

  • 151 Feet of Waterfront
  • 3.43 Acre Lot
  • Mature Landscaping
  • Lake View
  • No HOA
  • Oversized Lot

About This Lot

As of July 2021

YOUR SEARCH IS OVER! Don’t miss this INCREDIBLE opportunity to BUILD YOUR DREAM HOME on this perfect LAKEFRONT lot situated on over THREE ACRES overlooking the beautiful Lake Ajay with 151 ft of lake frontage. The MOTIVATED OWNER will provide full BLUEPRINT DRAWINGS WITH PERMITS, SEPTIC TANK BLUEPRINTS WITH PERMITS, LAND SURVEY WITH TREE SURVEY, AND SOIL BORING STUDY, valued at over $30,000.00! (See photos) This is the ideal lot for you to build your oasis with mature trees offering tons of privacy allowing you to feel like every day is vacation. Enjoy breathtaking views of Ajay Lake which connects to one of the LARGEST CHAINS OF LAKES in Central Florida, including Fells Cove to East Lake Toho and Lake Hart to Lake Mary Jane! Enjoying East Lake Toho and Fells Cove is EASY with over 11,000 ACRES in coverage and almost FIVE MILES in diameter makes these lakes the popular SKI AND CRUISING area. All of this with NO HOA! Own a PIECE OF PARADISE and start living the Florida waterfront lifestyle today! This is a RARE OFFER, PRICED RIGHT! Located with unparalleled convenience to Lake Nona, Medical City, Orlando International Airport, shopping, dining, and easy access to main roads including 528 (Beachline) and 417 (Greenway). This is a RARE OFFER, PRICED RIGHT!

Last Agent to Sell the Property

Brigitte Becker

PREFERRED REAL ESTATE BROKERS License #3460102 Listed on: 06/21/2021

PREFERRED REAL ESTATE BROKERS

Last Buyer's Agent

Danielle Lituski

ADAMS HOMES REALTY, INC. License #3366870

ADAMS HOMES REALTY, INC.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,578

Lot Details

  • 3.43 Acre Lot
  • Lot Dimensions are 150x997
  • 151 Feet of Waterfront
  • Lake Front
  • Property fronts a lake that is connected to a chain of lakes
  • West Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Irregular Lot
  • Landscaped with Trees
  • Property is zoned OR1C

Property Views

  • Chain Of Lake Views

Schools

  • Narcoossee Elementary School
  • Narcoossee Middle School

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 04-25-31-3479-0001-0010

Community Details

Overview

  • No Home Owners Association
  • Idle Hour Estates Subdivision

Recreation

  • Access To Chain Of Lakes
  • Access To Lake
  • Water Skiing Allowed

Property Details

Property Type

Land

Est. Annual Taxes

$2,578

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 3.43
  • Lot Size Sq Ft: 149411
  • Number Of Lots: 1
  • Status: Sold
  • Street Direction: N
  • Total Acreage: 2 to less than 5
  • Subdivision Num: 3479
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 4.35
  • 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

Exterior Features

  • Direction Faces: West
  • Water Body Name: Ajay Lake
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Easements: West Side
  • Water View: Lake, Lake - Chain of Lakes
  • Water Access: Lake, Lake - Chain of Lakes
  • Water Extras: Skiing Allowed
  • Water View Y N: Yes
  • Front Footage: 151
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12097C0105G
  • Waterfront Frontage: 151
  • Water Frontage Feet Lake: 151
  • Disclosures: Environmental Disclosure, Other

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electrical Nearby, Natural Gas Available
  • Sewer: Septic Needed
  • Water Source: Well Required
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: OR1C
  • Parcel Number: 04-25-31-3479-0001-0010
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, Irregular Lot, Oversized Lot
  • Lot Dimensions: 150x997
  • Price Per Acre: 189504
  • Flood Zone Code: A
  • Flood Zone Date: 2013-06-18

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 2578
  • Tax Block: 1
  • Tax Book Number: 10-181
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Lake, Lake - Chain of Lakes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Jul 21, 2021
Sold by
Song Jason and Song Jin
Bought by
Rlt William and Rlt Kristen
Seller's Agent
Brigitte Becker
PREFERRED REAL ESTATE BROKERS
Buyer's Agent
Danielle Lituski
ADAMS HOMES REALTY, INC.
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$891,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,817
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
May 8, 2020
Sold by
Acm Orlando Properties Llc
Bought by
Jason Song and Song Jiin

Purchase Details

Closed on
Oct 10, 2006
Sold by
Fusilier Steven R and Fusilier Steve
Bought by
Wright Malcolm J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2006
Sold by
Central Florida Estate Sales & Property
Bought by
Fusilier Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2006
Sold by
Cannard Christopher D and Cannard Tina A
Bought by
Central Florida Estate Sales & Property

Purchase Details

Closed on
Feb 17, 2006
Sold by
Cannard Christopher D and Cannard Tina A
Bought by
Central Florida Estate Sales & Property
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
Rlt William $650,000 Landtrust Ttl Of Ctrl Fl Llc
Jason Song $500,000 Platinum Ttl Of Ctrl Fl Llc
Wright Malcolm J $680,000 Attorney
Fusilier Steven R -- Dominion Title Company
Central Florida Estate Sales & Property $315,000 Equitable Title Agency Inc
Central Florida Estate Sales & Property $325,000 Equitable Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Malcolm J $1,020,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2021 07/21/21 Sold $650,000 0.0% --
07/05/2021 07/05/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $650,000 -- --
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
2025 $2,799 $297,100 $202,700 $94,400
2024 $2,831 $202,700 $202,700 --
2023 $2,831 $202,700 $202,700 $0
2022 $2,834 $202,700 $202,700 $0
2021 $2,917 $202,700 $202,700 $0
2020 $2,578 $202,700 $202,700 $0
2019 $2,143 $145,000 $145,000 $0
2018 $2,169 $145,000 $145,000 $0
2017 $2,471 $161,200 $161,200 $0
2016 $2,325 $150,000 $150,000 $0
2015 $2,326 $146,200 $146,200 $0
2014 $2,282 $142,500 $142,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5953092

Stellar MLS

APN: 04-25-31-3479-0001-0010