NOT LISTED FOR SALE

500 N Monroe Ave Arcadia, FL 34266

Estimated Value: $132,000 - $203,000

2 Beds
1 Bath
984 Sq Ft
$167/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $80,000 $81 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,021/month

25 Days on Market

Highlights

  • Custom Home
  • Wood Flooring
  • Corner Lot
  • City View
  • End Unit
  • No HOA

About This Home

As of January 2019

Newly painted and renovated 2BR 1Bath home with a bonus room that could serve as the third bedroom on an oversize corner lot with a fenced back yard and plenty of space for a garden, a dog run or a pool. The home is located in a quiet part of the town with little traffic but close to schools and shopping only a few minutes away. Home selling "AS IS".

Last Agent to Sell the Property

Peter Andres

CENTURY 21 AZTEC & ASSOCIATES License #472946 Listed on: 11/24/2018

CENTURY 21 AZTEC & ASSOCIATES

Last Buyer's Agent

Brandi Long

THE WILLIAMSON GROUP REALTY, I License #3347368

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,270

Year Built

  • Built in 1958

Lot Details

  • 0.42 Acre Lot
  • South Facing Home
  • Fenced
  • Corner Lot
  • Oversized Lot
  • Landscaped with Trees
  • Property is zoned R-1B

Parking

  • Open Parking

Home Design

  • Custom Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos
  • Stucco

Interior Spaces

  • 984 Sq Ft Home
  • Ceiling Fan
  • City Views
  • Range

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • City Lot

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Gibson & Smiths Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,270

Year Built

Built in 1958

Lot Details

0.42 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Asbestos, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 984
  • Lot Size Acres: 0.42
  • New Construction: No
  • Year Built: 1958
  • Building Area Total: 990
  • Lot Size Sq Ft: 18225
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=C7408475&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=C7408475&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 1.01911
  • Price per Sq Ft: 81.3
  • Close to Original List Price Ratio: 1.01911
  • Ratio: Current Price\Building Area Total: 80.81
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Vinyl, Hardwood
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • View: City
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • 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 Available, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R-1B
  • Parcel Number: 25-37-24-0166-0050-0040
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Lot, Oversized Lot
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1270
  • Tax Block: BLK 5
  • Tax Lot: 4,5,6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2018
Closed on
Jan 31, 2019
Sold by
Sarro William
Bought by
Holder Richard Newton
Seller's Agent
Peter Andres
CENTURY 21 AZTEC & ASSOCIATES
Buyer's Agent
Brandi Long
THE WILLIAMSON GROUP REALTY, I
List Price
$78,500
Sold Price
$80,000
Premium/Discount to List
$1,500
1.91%
Current Estimated Value
$164,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,089
Avg. Annual Appreciation
10.68%
Original Mortgage
$74,786
Outstanding Balance
$67,015
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$97,074

Purchase Details

Closed on
Feb 5, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Sarro William

Purchase Details

Closed on
Oct 28, 2008
Sold by
Hastings David K and Hastings David
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 14, 2004
Sold by
Frye Alva and Diamond Peter M
Bought by
Hastings David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,400
Interest Rate
9.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 7, 2003
Sold by
Coker Matthew D and Coker Susan C
Bought by
Frye Alva and Diamond Peter M

Purchase Details

Closed on
Jun 28, 1996
Sold by
Martin William E and Martin Colleen D
Bought by
Coker Matthew D and Coker Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,035
Interest Rate
8.05%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Holder Richard Newton $80,000 Arcadia Abstract & Title Co
Sarro William $30,000 Sunbelt Title Agency
Deutsche Bank National Trust Company -- None Available
Hastings David $69,900 Arcadia Abstract & Title Com
Frye Alva $52,900 --
Coker Matthew D -- --
Coker Matthew D $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holder Richard Newton $74,786
Previous Owner Hastings David $65,400
Previous Owner Coker Matthew D $47,035
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2019 01/31/19 Sold $80,000 +1.9% $81 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
12/09/2018 12/09/18 For Sale $78,500 0.0% $80 / Sq Ft
12/03/2018 12/03/18 Pending -- -- --
11/24/2018 11/24/18 For Sale $78,500 -- $80 / Sq Ft
Source: Stellar MLS

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 $2,110 $100,902 $10,000 $90,902
2023 $1,987 $97,928 $10,000 $87,928
2022 $1,855 $76,219 $0 $0
2021 $1,652 $66,860 $10,000 $56,860
2020 $1,553 $61,320 $10,000 $51,320
2019 $1,440 $60,243 $10,000 $50,243
2018 $1,324 $53,441 $0 $53,441
2017 $1,088 $45,770 $0 $45,770
2016 $1,119 $40,673 $0 $40,673
2015 $1,078 $38,493 $0 $38,493
2014 $1,060 $37,976 $0 $37,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7408475

Stellar MLS

APN: 25-37-24-0166-0050-0040

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