NOT LISTED FOR SALE

4538 NE Cubitis Ave Arcadia, FL 34266

Estimated Value: $282,377 - $349,000

2 Beds
1.5 Baths
2,016 Sq Ft
$151/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $178,000 $88 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,938/month

405 Days on Market

Highlights

  • 0.91 Acre Lot
  • No HOA
  • Family Room Off Kitchen
  • Wood Flooring
  • Oversized Lot
  • Front Porch

About This Home

As of October 2021

LOCATION! LOCATION! LOCATION! prior commercial property. This prime commercial building with over 3600 square feet, has road frontage on three sides, living area upstairs for property manager or just extra storage, plenty of parking for all your commercial needs and much more, including an extra lot. First screen shot balcony, French doors, 2nd no, 3rd no in all, 4th open floor plan, electric water heater. Not far from medical facilities, county offices/buildings, schools, shopping, the beautiful Peace River, downtown historical district and all major highways leading in and out of Desoto County. Great signage, high traffic count and zoning that will allow for many opportunities, with Hwy 17 frontage, this property is definitely a must see. Call today and don't miss out on this great opportunity at a fantastic price!

Last Agent to Sell the Property

Kim Sasser

SELLSTATE VISION REALTY License #3131252 Listed on: 09/10/2020

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,051

Year Built

  • Built in 1984

Lot Details

  • 0.91 Acre Lot
  • Lot Dimensions are 90x407
  • West Facing Home
  • Oversized Lot
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned A-10

Parking

  • Open Parking

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,016 Sq Ft Home
  • Family Room Off Kitchen
  • Wood Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Desoto Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,051

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 2016
  • Lot Size Acres: 0.91
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 3660
  • Lot Size Sq Ft: 40075
  • Number Of Lots: 2
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7432331?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7432331?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.89045
  • Price per Sq Ft: 88.29
  • Close to Original List Price Ratio: 0.74167
  • Ratio: Current Price\Building Area Total: 48.63
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Kitchen/Family Room Combo
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Spa Yn: No
  • Room Count: 4

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Number Of Wells: 1
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Open
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: Yes

Lot Info

  • Zoning: A-10
  • Parcel Number: 18-37-25-0000-0130-0000
  • Additional Parcels: Yes
  • Lot Features: In County, Oversized Lot
  • Lot Dimensions: 90x407
  • Property Attached Yn: Yes
  • Horse Amenities: Other
  • Flood Zone Code: X
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: No Minimum
  • Approval Process: TBD
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: TBD

Tax Info

  • Tax Annual Amount: 2051.18
  • Tax Block: 0130
  • Tax Book Number: 2015/6067
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 28, 2021
Sold by
Doane Fonda I
Bought by
Oconnell Herny Devin and Herny Devin Oconnell Revocable
Seller's Agent
Kim Sasser
SELLSTATE VISION REALTY
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$199,900
Sold Price
$178,000
Premium/Discount to List
-$21,900
-10.96%
Current Estimated Value
$304,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,978
Avg. Annual Appreciation
13.66%

Purchase Details

Closed on
Nov 19, 2015
Sold by
Jbcs Fantasy Llc
Bought by
Doane Fonda L

Purchase Details

Closed on
Sep 27, 2007
Sold by
Childers Daniel L and Childers Judith A
Bought by
Mumin Mohammed and Mumin Shahana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 21, 2007
Sold by
Erdmann Anna P Winston
Bought by
Childers Daniel L and Childers Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 5, 2004
Sold by
Staton Robert D
Bought by
Childers Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oconnell Herny Devin $178,000 Arcadia Abstract & Ttl Co In
Doane Fonda L $67,500 Arcadia Abstract & Title Com
Mumin Mohammed $350,000 Attorney
Childers Daniel L -- Attorney
Childers Daniel -- Gator Title Insurance Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mumin Mohammed $300,000
Previous Owner Childers Daniel $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2021 10/28/21 Sold $178,000 -11.0% $88 / Sq Ft
10/23/2021 10/23/21 For Sale $199,900 0.0% $99 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
08/07/2021 08/07/21 Pending -- -- --
03/09/2021 03/09/21 Price Changed $199,900 -4.8% $99 / Sq Ft
10/22/2020 10/22/20 Price Changed $210,000 -12.5% $104 / Sq Ft
10/21/2020 10/21/20 For Sale $239,999 0.0% $119 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $239,999 -- $119 / 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
2024 $4,138 $235,141 $56,940 $178,201
2023 $4,108 $229,404 $56,940 $172,464
2022 $4,239 $236,047 $56,940 $179,107
2021 $2,954 $147,481 $49,822 $97,659
2020 $2,051 $135,148 $49,822 $85,326
2019 $2,190 $142,649 $49,822 $92,827
2018 $2,118 $138,112 $0 $138,112
2017 $1,738 $143,389 $0 $143,389
2016 $2,605 $128,980 $0 $128,980
2015 $2,673 $123,487 $0 $123,487
2014 $2,449 $122,082 $0 $122,082
Source: Public Records

Agents Affiliated with this Home

  • Kim Sasser

    Seller's Agent in 2021

    Kim Sasser

    SELLSTATE VISION REALTY

    (863) 444-0933

    5 in this area

    8 Total Sales

    Kim Sasser
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Map

Source: Stellar MLS

MLS Number: C7432331

Stellar MLS

APN: 18-37-25-0000-0130-0000

Florida DeSoto County Arcadia 34266

4538 NE Cubitis Ave, Arcadia, FL

Not Listed for Sale

Detached

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