NOT LISTED FOR SALE

492 Martin Luther King jr Ave Crestview, FL 32536

Estimated Value: $92,000

0.37 Acre
$248,649 Price per Acre
16,117 Sq Ft Lot

Last Sold February 02, 2024

Last sale price $37,500

Est. 145% increase in value since last sale

Current estimated payment $505/month

48 Days on Market

About This Lot

As of February 2024

Great Opportunity!! Bringing your Multi family or commercial plans. 2 Lots city zoned as mixed use being added together giving additional road frontage on Booker st and Martin Luther King Jr Blvd . Located in the middle of town with Lots of new growth and just a short drive from local schools, hospital, south Publix, a variety of restaurants and the upcoming Crestview Commons, Hwy 85 and I-10 are in close proximity to the property.

Last Agent to Sell the Property

Your House Team

RE/MAX Agency One Listed on: 11/19/2023

RE/MAX Agency One

Last Buyer's Agent

Gavharjan Masharipova

World Impact Real Estate License #3328100

World Impact Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $51

Lot Details

  • 0.37 Acre Lot
  • Property is zoned City

Schools

  • Bob Sikes Elementary School
  • Shoal River Middle School
  • Crestview High School

Community Details

  • Crestview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17-3N-23-2490-0077-0080

Property Details

Property Type

Land

Est. Annual Taxes

$51

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.37
  • Lot Size: Irregular
  • Road Surface Type: Paved Road
  • Subdivision Name: CRESTVIEW
  • Directions: In Crestview at the intersection of Hwy 90 and Hwy 85, Head south on Hwy 85 then turn right onto Martin Luther King Jr Blvd and your destination will be on the right. Note** This is two parcels one parcel is on Martin Luther King Jr Blvd and the Other is on S Booker st
  • Special Features: None

Utilities

  • Utilities: None

Schools

  • Elementary School: Bob Sikes
  • High School: Crestview
  • Middle Or Junior School: Shoal River

Lot Info

  • Lot Size Sq Ft: 16117.2
  • Parcel #: 17-3N-23-2490-0077-0080
  • Zoning: City
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2024
Sold by
Masharipov Umarbek
Bought by
Umma Investment Llc
Current Estimated Value
$92,000

Purchase Details

Listed on
Nov 19, 2023
Closed on
Feb 2, 2024
Sold by
Vandrasek John R and Vandrasek Young H
Bought by
Masharipov Umarbek
Seller's Agent
Your House Team
RE/MAX Agency One
Buyer's Agent
Gavharjan Masharipova
World Impact Real Estate
List Price
$39,900
Sold Price
$37,500
Premium/Discount to List
-$2,400
-6.02%
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
78.43%

Purchase Details

Closed on
Apr 10, 2012
Sold by
Vandrasek John R
Bought by
Vandrasek John R and Van Drasek Young H

Purchase Details

Closed on
Apr 10, 2010
Sold by
Barnes Lillie Mae and Wilkerson Annette
Bought by
Vandrasek John R
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 Buyer Sale Price Title Company
Umma Investment Llc $90,000 Mead Law & Title
Masharipov Umarbek $37,500 Mead Law & Title
Vandrasek John R -- None Available
Vandrasek John R $7,700 First Natl Land Title Co Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $37,500 -6.0% --
01/06/2024 01/06/24 Pending -- -- --
11/19/2023 11/19/23 For Sale $39,900 -- --
Source: Emerald Coast 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
2024 $51 $5,100 $5,100 --
2023 $51 $3,153 $2,688 $465
2022 $49 $3,018 $2,560 $458
2021 $48 $2,847 $2,393 $454
2020 $48 $2,832 $2,369 $463
2019 $48 $2,816 $2,369 $447
2018 $48 $2,778 $0 $0
2017 $48 $2,778 $0 $0
2016 $52 $3,016 $0 $0
2015 $52 $2,933 $0 $0
2014 $78 $4,683 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 936921

Emerald Coast Association of REALTORS®

APN: 17-3N-23-2490-0077-0080