NOT LISTED FOR SALE

440 Us-1 Oak Hill, FL 32759

Estimated Value: $240,423

2.65 Acres
$90,726 Price per Acre
115,434 Sq Ft Lot

Last Sold March 17, 2021

Last sale price $175,000

Est. 37% increase in value since last sale

Current estimated payment $1,496/month

368 Days on Market

About This Lot

As of March 2021

Prime vacant land commercial building parcel is located on the corner of US 1 and Ward Drive in Oak Hill on the Volusia and Brevard County boarder. This property has 354 feet of road frontage along US 1 and 317 feet on Ward Drive. Perfect for a business, medical office, shopping center, gas station, storage units. This buildable parcel is zoned commercial B1 and half of the property can be rezoned for residential use so you can have a business and your home on the same land. The land has been cleared, leveled and is high and dry. It has been approved for a 100 spot parking lot for a storage unit with more space to grow your business. Close to city water, across from Lighthouse Cove and not far from the Oak Hill intersection and Halifax Avenue. . This parcel of land also owns part of the road on Ward Drive and adjoins the property. Survey done in 2002. Low taxes.

Last Agent to Sell the Property

Rustie Howell-Reilly

Weichert Realtors Hallmark Properties License #0551514 Listed on: 01/20/2020

Last Buyer's Agent

Barbara Cino

RE/MAX Signature

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,250

Lot Details

  • 2.65 Acre Lot
  • Lot Dimensions are 354x317
  • Cleared Lot

Listing and Financial Details

  • Assessor Parcel Number 8531-00-00-0115

Property Details

Property Type

Land

Est. Annual Taxes

$2,250

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 2.65
  • Lot Size: 354x317
  • Road Surface Type: Asphalt
  • Subdivision Name: Not IN Subdivision
  • Directions: South on US 1 to Oak Hill, on west side of US 1, across from Lighthouse Cove. Corner of US 1 and Ward Drive.
  • Reso Property Type: Land
  • General Property Information Lot Size Acres: 2.65
  • General Property Information Lot Size Dimensions: 354x317
  • Location Tax and Legal:Parcel Number: 8531-00-00-0115
  • Location Tax and Legal:Tax Annual Amount: 2250.0
  • Location Tax and Legal:Tax Year: 2019
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Other
  • Lot Features:Cleared: Yes
  • Lot Features:Other18: Yes

Lot Info

  • Current Use: Commercial, Office, Retail, Unimproved
  • Lot Size Sq Ft: 115434.0
  • Parcel #: 8531-00-00-0115
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2250.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2020
Closed on
Mar 17, 2021
Sold by
Sherman William D
Bought by
Txalupa Llc
Seller's Agent
Rustie Howell-Reilly
Weichert Realtors Hallmark Properties
Buyer's Agent
Barbara Cino
RE/MAX Signature
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$240,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,423
Original Mortgage
$113,750
Outstanding Balance
$101,271
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 29, 2001
Sold by
Cameron James H
Bought by
Sherman William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.17%

Purchase Details

Closed on
Nov 15, 1992
Bought by
Sherman William D

Purchase Details

Closed on
Apr 15, 1989
Bought by
Sherman William D

Purchase Details

Closed on
May 15, 1988
Bought by
Sherman William D
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
Txalupa Llc $175,000 Public Title Services Llc
Sherman William D $65,000 --
Sherman William D $100 --
Sherman William D $52,000 --
Sherman William D $100 --
Sherman William D $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Txalupa Llc $113,750
Previous Owner Sherman William D $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2021 03/17/21 Sold $175,000 0.0% --
01/22/2021 01/22/21 Pending -- -- --
01/20/2020 01/20/20 For Sale $175,000 -- --
Source: Daytona Beach Area Association of REALTORS®

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 $8,259 $395,289 $129,863 $265,426
2025 $8,259 $395,289 $129,863 $265,426
2024 $6,775 $297,262 $129,863 $167,399
2023 $6,775 $300,103 $129,863 $170,240
2022 $3,445 $146,359 $129,863 $16,496
2021 $2,417 $109,085 $109,085 $0
2020 $2,166 $93,502 $93,502 $0
2019 $2,250 $93,502 $93,502 $0
2018 $2,287 $93,502 $93,502 $0
2017 $2,356 $93,502 $93,502 $0
2016 $2,586 $96,965 $0 $0
2015 $2,677 $96,965 $0 $0
2014 $2,663 $96,965 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Daytona Beach Area Association of REALTORS®

MLS Number: 1066724

Daytona Beach Area Association of REALTORS®

APN: 8531-00-00-0115