NOT LISTED FOR SALE

505 W 7th St Lehigh Acres, FL 33972

Richmond Neighborhood

Estimated Value: $18,756 - $280,000

0.25 Acre
$603,756 Price per Acre
10,890 Sq Ft Lot

Last Sold October 22, 2015

Last sale price $4,000

Est. 3,673% increase in value since last sale

Current estimated payment $830/month

226 Days on Market

About This Lot

As of October 2015

THIS GREAT 104 X 104 LOT HAS GONE THRU THE COURT SYSTEM AND HAS BEEN ASSIGNED TO A "SPECIAL MASTER" ATTORNEY FOR IMMEDIATE SALE * THE PROPERTY HAS BEEN PRICED BELOW CURRENT MARKET VALUE FOR IMMEDITATE LIQUIDATION * THE LOT SITE IN THE WEST CENTRAL PART OF LEHIGH ACRES WITH EASY ACCESS TO DOWNTOWN FOR SHOPPING...RESTAURANTS...RETAIL AND PROFESSIONAL OFFICES * THE PROPERTY OFFERS GREAT ELEVATIONS FOR YOUR BIG CUSTOM "DREAM" HOME...OR...BUY AND HOLD AS AN INVESTMENT...ITS A WINNER EITHER WAY * CLEAR THE BRUSH AND TREES NOT WANTED AND LEAVE THE OTHERS FOR SHADE * QUIET STREET LOCATION...NO TRAFFIC HERE * GREAT LOCATION AND SLIGHTLY OVERSIZED * THERE IS A HUGE COMMUNITY PARK ABOUT 7 BLOCKS AWAY...OFFERING 3 BASEBALL DIAMONDS...1 SOFTBALL AND 1 FOOTBALL FIELDS...3 LARGE PICNIC PAVILIONS...2 TENNIS COURTS...PLAYGROUND AND JOGGING PATH WITH FITNESS STATIONS * THERE ARE 2 PUBLIC GOLF COURSES [MAJESTIC AND MIRROR LAKES] ABOUT 5 MILES SOUTH OF THIS PROPERTY....BOTH ARE OPEN YEAR ROUND AND ARE PAR 72 COURSES * LEHIGH ELEMENTARY SCHOOL IS JUST MINUTES AWAY TO THE SOUTH * PERFECT BUILDERS SPEC HOME SITE * THE LOT NEXT DOOR AT 503 W 7TH STREET IS ALSO IN THE COURT SALE...PACKAGE SALE POSSIBLE *

Last Agent to Sell the Property

Jessie Leopard

License #252000062 Listed on: 02/07/2015

Last Buyer's Agent

Kyle Deodat

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $356

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 104 x 104 x 104 x 104
  • North Facing Home
  • Brush Vegetation
  • Oversized Lot
  • Property is zoned RS-1

Utilities

  • Water Not Available
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Community Details

  • Lehigh Acres Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 30
  • Assessor Parcel Number 29-44-27-08-00030.001B

Property Details

Property Type

Land

Est. Annual Taxes

$356

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.25
  • Lot Size: 104 x 104 x 104 x 104
  • Road Frontage Type: See Remarks
  • Road Surface Type: Paved
  • Subdivision Name: LEHIGH ACRES
  • Directions: LEE BLVD * NORTH ON WILLIAMS * EAST ON 7TH STREET * THE PROPERTY IS BETWEEN HENRY AND PROSPECT ON THE SOUTH SIDE OF THE ROAD * NOTE: 7TH STREET IS NOT A CUT THRU ROAD......NUMEROUS STOP SIGNS SLOW TRAFFIC *
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: See Remarks

Exterior Features

  • Lot Features: Oversized Lot, See Remarks
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: See Remarks
  • Direction Faces: North

Utilities

  • Sewer: None
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated, See Remarks
  • Amenities: See Remarks

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 29-44-27-08-00030.001B
  • Zoning Description: RS-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 65.0
  • Tax Block: 30
  • Tax Lot: 1
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2015
Closed on
Oct 22, 2015
Sold by
Gennaro Michael A
Bought by
Ramnarian Yoghwati
Seller's Agent
Jessie Leopard
Buyer's Agent
Kyle Deodat
List Price
$5,060
Sold Price
$4,000
Premium/Discount to List
-$1,060
-20.95%
Current Estimated Value
$150,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,939
Avg. Annual Appreciation
43.88%
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
Ramnarian Yoghwati $4,000 Fidelity Natl Title Fl Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2015 10/22/15 Sold $4,000 -20.9% --
09/22/2015 09/22/15 Pending -- -- --
02/07/2015 02/07/15 For Sale $5,060 -- --
Source: Florida Gulf Coast Multiple Listing Service

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
2025 $356 $7,086 -- --
2024 $348 $6,442 -- --
2023 $348 $5,856 $0 $0
2022 $299 $5,324 $0 $0
2021 $270 $5,200 $5,200 $0
2020 $264 $4,400 $4,400 $0
2019 $121 $4,400 $4,400 $0
2018 $110 $4,150 $4,150 $0
2017 $105 $3,876 $3,876 $0
2016 $105 $4,150 $4,150 $0
2015 $89 $3,350 $3,350 $0
2014 -- $2,350 $2,350 $0
2013 -- $2,300 $2,300 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jessie Leopard

  • K

    Buyer's Agent in 2015

    Kyle Deodat

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 215008253

Florida Gulf Coast Multiple Listing Service

APN: 29-44-27-L1-08030.001B

Florida Lee County Lehigh Acres 33972 Richmond

505 W 7th St, Lehigh Acres, FL

This home is located at 505 W 7th St, Lehigh Acres, FL 33972 since 07 February 2015 and is currently estimated at $150,939. 505 W 7th St is a home located in Lee County with nearby schools including Lehigh Elementary School, The Alva School, and Gateway Elementary School.

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Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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