NOT LISTED FOR SALE

4508 SE Wheat Ave Arcadia, FL 34266

Estimated Value: $240,000 - $324,000

3.42 Acres
$81,103 Price per Acre
148,975 Sq Ft Lot

Last Sold July 08, 2022

Last sale price $59,000

Est. 370% increase in value since last sale

Current estimated payment $1,675/month

7 Days on Market

Highlights

  • 3.42 Acre Lot
  • No HOA
  • Heating Available
  • Wooded Lot
  • Oversized Lot

About This Lot

As of July 2022

One of a kind property consisting of two parcels and totaling over 3 acres! At a time where affordable land is hard to come by, this property shines! You will love all of the native plants/foliage, the lightly traveled road, multiple pond areas that would be great to stock with fish for recreational fishing and enjoyment! This property is zoned A-5 so bring your animals and don't be afraid to start that garden you have dreamed of. Whether looking to build or to invest and hold, this property should be on your list! Please verify with Desoto County Building and Zoning on whether this property will work for your desired use.

Last Agent to Sell the Property

Brandi Long

THE WILLIAMSON GROUP REALTY, I License #3347368 Listed on: 05/31/2022

Last Buyer's Agent

Jean Vitali

COLLINS MANAGEMENT License #484674

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $500

Lot Details

  • 3.42 Acre Lot
  • The property's road front is unimproved
  • Property fronts a private road
  • Rural Setting
  • Northwest Facing Home
  • Oversized Lot
  • Irregular Lot
  • Wooded Lot
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned A-5

Schools

  • Desoto Middle School
  • Desoto County High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 15,25 / C
  • Assessor Parcel Number 21-38-25-0000-0200-0150

Property Details

Property Type

Land

Est. Annual Taxes

$500

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 3.42
  • Lot Size Sq Ft: 148975
  • Number Of Lots: 2
  • Directions to Property: HWY 70E, South on HWY 31, West on Wheat, Property on Left-SEE SIGN
  • Status: Sold
  • Street Direction: SE
  • Total Acreage: 2 to less than 5
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 0.4
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 4508

Exterior Features

  • Direction Faces: Northwest
  • Road Frontage Type: Private Road
  • Waterfront: No
  • Road Surface Type: Unimproved, Other
  • Water View Y N: No
  • Front Footage: 183
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12027C0187C
  • Disclosures: None

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electrical Nearby
  • Sewer: None
  • Water Source: None
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • High School: DeSoto County High School
  • Middle Or Junior School: DeSoto Middle School

Lot Info

  • Zoning: A-5
  • Parcel Number: 21-38-25-0000-0200-0150
  • Additional Parcels Description: 21-38-25-0000-0200-0250
  • Additional Parcels: Yes
  • Lot Features: In County, Irregular Lot, Oversized Lot, Rural, Wooded
  • Lot Dimensions: 00x00
  • Price Per Acre: 17251
  • Flood Zone Code: X, A
  • Flood Zone Date: 2013-11-06
  • Current Adjacent Use: Residential, Vacant

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 499.65
  • Tax Block: C
  • Tax Lot: 15,25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2022
Closed on
Jul 8, 2022
Sold by
Brian Scott Enterprises Inc
Bought by
Keim Douglas S and Keim Jill N
Seller's Agent
Brandi Long
THE WILLIAMSON GROUP REALTY, I
Buyer's Agent
Jean Vitali
COLLINS MANAGEMENT
List Price
$59,000
Sold Price
$59,000
Current Estimated Value
$277,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,371
Avg. Annual Appreciation
62.45%
Source: Public Records

Range of Values:

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Average Value
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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
Keim Douglas S $59,000 Arcadia Abstract & Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $59,000 0.0% --
05/31/2022 05/31/22 For Sale $59,000 -- --
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
2024 $2,360 $129,019 $41,160 $87,859
2023 $458 $26,460 $26,460 $0
2022 $324 $13,340 $0 $0
2021 $250 $13,230 $13,230 $0
2020 $227 $11,025 $11,025 $0
2019 $228 $11,025 $11,025 $0
2018 $225 $11,025 $0 $11,025
2017 $172 $2,756 $0 $11,025
2016 $179 $8,820 $0 $8,820
2015 $192 $8,820 $0 $8,820
2014 $178 $8,820 $0 $8,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7461274

Stellar MLS

APN: 21-38-25-0000-0200-0150