NOT LISTED FOR SALE

516 Magnolia Ave Lehigh Acres, FL 33972

Richmond Neighborhood

Estimated Value: $24,581 - $83,000

0.5 Acre
$92,868 Price per Acre
21,824 Sq Ft Lot

Last Sold July 22, 2022

Last sale price $28,000

Est. 66% increase in value since last sale

Current estimated payment $291/month

About This Lot

As of July 2022

1/2 ACRE lot in a great location!! Centrally located and only minutes to Lee Blvd and plenty of shops and restaurants. This is the prime location for your new Florida home!!

Last Agent to Sell the Property

Brian Barnhart

Gulf Gateway Realty, Inc. License #258011575 Listed on: 06/16/2022

Last Buyer's Agent

Jordan Smith

Precision Realty Group License #258028678

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $340

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 105 x 210 x 105 x 210
  • West Facing Home
  • Oversized Lot
  • Rectangular Lot
  • Property is zoned RS-1

Utilities

  • Well
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • Lehigh Acres Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 23
  • Assessor Parcel Number 29-44-27-06-00023.0040

Property Details

Property Type

Land

Est. Annual Taxes

$340

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.501
  • Lot Size: 105 x 210 x 105 x 210
  • Subdivision Name: LEHIGH ACRES
  • Directions: W 5th to north on Magnolia
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Oversized Lot, Rectangular Lot
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: West

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Trash Collection
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 29-44-27-06-00023.0040
  • Zoning Description: RS-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 340.06
  • Tax Block: 23
  • Tax Lot: 4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Jul 22, 2022
Sold by
Directed Trust Company
Bought by
Myint Ohn Mar and Gaung Min
Seller's Agent
Brian Barnhart
Gulf Gateway Realty, Inc.
Buyer's Agent
Jordan Smith
Precision Realty Group
List Price
$29,900
Sold Price
$28,000
Premium/Discount to List
-$1,900
-6.35%
Current Estimated Value
$46,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,527
Avg. Annual Appreciation
16.80%

Purchase Details

Closed on
Dec 29, 2021
Sold by
Taylor Lois A
Bought by
Roth Sarah R Linkhorn

Purchase Details

Closed on
Oct 3, 2016
Sold by
Smithwick Arthur Jackson and Smithwick Phyllis Rita
Bought by
Doires Gonzalez Jose and Doires Gonzalez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,361
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 2004
Sold by
Evans Dene R
Bought by
Taylor Lois A
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
Myint Ohn Mar $28,000 Elite Title
Roth Sarah R Linkhorn $12,000 Shemtov Title
Doires Gonzalez Jose $84,900 Liberty Title & Escrow Co
Taylor Lois A $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Doires Gonzalez Jose $83,361
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2022 07/22/22 Sold $28,000 -6.4% --
06/22/2022 06/22/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $29,900 -- --
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 $568 $25,649 -- --
2024 $546 $23,317 $23,317 --
2023 $546 $23,572 $16,016 $0
2022 $418 $11,502 $11,502 $0
2021 $340 $8,500 $8,500 $0
2020 $332 $7,500 $7,500 $0
2019 $179 $6,400 $6,400 $0
2018 $162 $6,000 $6,000 $0
2017 $156 $5,733 $5,733 $0
2016 $144 $5,405 $5,405 $0
2015 $136 $4,700 $4,700 $0
2014 -- $3,870 $3,870 $0
2013 -- $3,600 $3,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Barnhart

    Seller's Agent in 2022

    Brian Barnhart

    Gulf Gateway Realty, Inc.

    (239) 443-2500

    62 in this area

    1,199 Total Sales

    Brian Barnhart
    Section Image
  • Jordan Smith

    Buyer's Agent in 2022

    Jordan Smith

    Precision Realty Group

    (239) 565-0104

    12 in this area

    152 Total Sales

    Jordan Smith
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222046530

Florida Gulf Coast Multiple Listing Service

APN: 29-44-27-L4-06023.0040

Florida Lee County Lehigh Acres 33972 Richmond

516 Magnolia Ave, Lehigh Acres, FL

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