$49,000
SOLD FEB 24, 2023

4816 SE Wheat Ave Arcadia, FL 34266

1.45 Acres
$33,793 Price per Acre
63,162 Sq Ft Lot

Recently Sold

225 Days on Market

About This Lot

As of April 2025

One of a kind property totaling almost an acre and a half! 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, and all of the space for outdoor 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: 07/12/2022

Last Buyer's Agent

Sally Fox

COLDWELL BANKER REALTY License #3532790

COLDWELL BANKER REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $248

Lot Details

  • 1.45 Acre Lot
  • Lot Dimensions are 183x344
  • The property's road front is unimproved
  • Property fronts a private road
  • 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 24 / C
  • Assessor Parcel Number 21-38-25-0000-0200-0240

Property Details

Property Type

Land

Est. Annual Taxes

$248

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.45
  • Lot Size Sq Ft: 63162
  • Directions to Property: HWY 70E, South on HWY 31, West on Wheat--See sign
  • Status: Sold
  • Street Direction: SE
  • Total Acreage: 1 to less than 2
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 0.78
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 4816

Exterior Features

  • 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: 12027C0189C
  • 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: 21-38-25-0000-0200-0240
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: In County
  • Lot Dimensions: 183x344
  • Price Per Acre: 33793
  • Flood Zone Code: X
  • Flood Zone Date: 2013-11-06
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 248
  • Tax Block: C
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2025
Closed on
Apr 24, 2025
Sold by
Smith Christopher Lynn and Smith Danielle Janae
Bought by
Equity Trust and Browne
Seller's Agent
Sarah Whidden
TOWN & COUNTRY PROPERTIES OF FL
Buyer's Agent
Jeffrey Browne
TROPICAL COAST REALTY
List Price
$79,000
Sold Price
$78,000
Premium/Discount to List
-$1,000
-1.27%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.41%

Purchase Details

Listed on
Jul 9, 2024
Closed on
Nov 15, 2024
Sold by
Ball William Robert
Bought by
Smith Christopher Lynn and Smith Danielle Janae
Seller's Agent
Sarah Whidden
TOWN & COUNTRY PROPERTIES OF FL
Buyer's Agent
Sarah Whidden
TOWN & COUNTRY PROPERTIES OF FL
List Price
$89,900
Sold Price
$72,500
Premium/Discount to List
-$17,400
-19.35%
Views
81

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.08%

Purchase Details

Listed on
Jul 12, 2022
Closed on
Feb 24, 2023
Sold by
Brian Scott Enterprises Inc
Bought by
Ball William Robert
Seller's Agent
Brandi Long
THE WILLIAMSON GROUP REALTY, I
Buyer's Agent
Sally Fox
COLDWELL BANKER REALTY
List Price
$49,000
Sold Price
$49,000
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.41%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- Suncoast One Title & Closings
Warranty Deed $72,500 Arcadia Abstract & Title
Warranty Deed $72,500 Arcadia Abstract & Title
Warranty Deed $49,000 Arcadia Abstract & Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Sold $78,000 -1.3% --
03/24/2025 03/24/25 Pending -- -- --
03/19/2025 03/19/25 For Sale $79,000 +9.0% --
11/15/2024 11/15/24 Sold $72,500 -8.2% --
10/31/2024 10/31/24 Pending -- -- --
10/22/2024 10/22/24 Price Changed $78,999 -1.3% --
08/01/2024 08/01/24 Price Changed $79,999 -5.8% --
07/24/2024 07/24/24 Price Changed $84,900 -3.4% --
07/16/2024 07/16/24 Price Changed $87,900 -2.2% --
07/10/2024 07/10/24 For Sale $89,900 +83.5% --
02/24/2023 02/24/23 Sold $49,000 0.0% --
02/23/2023 02/23/23 Pending -- -- --
07/12/2022 07/12/22 For Sale $49,000 -- --
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 $671 $40,600 $40,600 --
2023 $330 $26,100 $26,100 $0
2022 $320 $13,159 $0 $0
2021 $248 $13,050 $13,050 $0
2020 $224 $10,875 $10,875 $0
2019 $226 $10,875 $10,875 $0
2018 $223 $10,875 $0 $10,875
2017 $170 $2,718 $0 $10,875
2016 $177 $8,700 $0 $8,700
2015 $190 $8,700 $0 $8,700
2014 $176 $8,700 $0 $8,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7463460

Stellar MLS

APN: 21-38-25-0000-0200-0240