NOT LISTED FOR SALE

523 N Lee Ave Arcadia, FL 34266

Estimated Value: $302,000 - $342,000

4 Beds
2 Baths
3,716 Sq Ft
$87/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $305,000 $82 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,123/month

34 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • French Doors
  • High Ceiling
  • Cooling System Mounted To A Wall/Window
  • North Facing Home

About This Home

As of October 2022

Rare opportunity to own RENOVATED 4 bedroom, 3 bath home BUNGALOW HOME WITH wrap around porch! This property is situated on an OVERSIZED CORNER LOT with lots of potential to include primary residence or as an AirBnb or bed and breakfast. The home features an ALL NEW KITCHEN with 42 INCH CABINETS, QUARTZ COUNTERS, and STAINLESS STEEL APPLIANCES. NEW FLOORING has also been installed to help preserve the charm. The NEWER METAL ROOF provides piece of mind for years to come. The formal living room features a wood-burning fireplace perfect for entertaining or those relaxing nights. An oversized dining room is perfect for large dinners or gatherings. An OVERSIZED BONUS ROOM provides additional space for those game nights. There is no HOA so brings your toys and park them on your oversized yard. Just minutes away you will find an abundance of shops, grocer stores, medical facilities and more! Walking distance West Elementary School District. Schedule your showing today!

Last Agent to Sell the Property

Hector Contreras

WEICHERT REALTORS EXCLUSIVE PROPERTIES License #3270483 Listed on: 07/28/2022

WEICHERT REALTORS EXCLUSIVE PROPERTIES

Last Buyer's Agent

Robyn Lee

SARASOTA REALTY ASSOC., INC. License #3291501

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,086

Year Built

  • Built in 1906

Lot Details

  • 0.39 Acre Lot
  • North Facing Home
  • Wood Fence
  • Property is zoned R-1B

Parking

  • Open Parking

Home Design

  • Bi-Level Home
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,716 Sq Ft Home
  • High Ceiling
  • French Doors
  • Crawl Space

Kitchen

  • Built-In Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • West Elementary School
  • Desoto Middle School
  • Desoto County High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Granger & Mizells Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,086

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: Yes
  • Living Area: 3716
  • Lot Size Acres: 0.39
  • New Construction: No
  • Year Built: 1906
  • Lot Size Sq Ft: 16988
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3391762?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3391762?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.0167
  • Price per Sq Ft: 82.08
  • Close to Original List Price Ratio: 0.92427
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: High Ceiling(s)
  • Appliances Included: Built-In Oven, Microwave, Range, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 4
  • Levels: Two
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: French Doors, Sidewalk
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12027C0176C

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Open
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Water Connected
  • Cooling: None, Wall/Window Unit(s)
  • Heating: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Public Remarks Required: One or more photo(s) has been virtually staged.
  • Cooling Y N: Yes
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: West Elementary School
  • High School: DeSoto County High School
  • Middle Or Junior School: DeSoto Middle School

Lot Info

  • Zoning: R-1B
  • Parcel Number: 25-37-24-0178-0040-0000
  • Additional Parcels: No
  • Fencing: Wood
  • Flood Zone Code: X
  • Flood Zone Date: 2013-11-06
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3086
  • Tax Block: 4
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Oct 27, 2022
Sold by
Hector Contreras Pa
Bought by
Gherardini Courtney Marie
Seller's Agent
Hector Contreras
WEICHERT REALTORS EXCLUSIVE PROPERTIES
Buyer's Agent
Robyn Lee
SARASOTA REALTY ASSOC., INC.
List Price
$299,990
Sold Price
$305,000
Premium/Discount to List
$5,010
1.67%
Views
116
Current Estimated Value
$322,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,360
Avg. Annual Appreciation
1.86%
Original Mortgage
$299,475
Outstanding Balance
$288,143
Interest Rate
6.02%
Mortgage Type
FHA
Estimated Equity
$34,217

Purchase Details

Listed on
Mar 12, 2021
Closed on
Feb 7, 2022
Sold by
Liquan Qu
Bought by
Hector Contreras Pa
Seller's Agent
Kim Sasser
SELLSTATE VISION REALTY
Buyer's Agent
William Lane
EQUITYPRO TAMPA BAY LLC
List Price
$179,900
Sold Price
$145,000
Premium/Discount to List
-$34,900
-19.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
180.88%
Original Mortgage
$197,000
Interest Rate
3.56%
Mortgage Type
Balloon

Purchase Details

Listed on
Jun 29, 2020
Closed on
Sep 16, 2020
Sold by
Esquire Paul Bennett Seusy and Magielnicki Stanley J
Bought by
Qu Liquan
Seller's Agent
Mac Martin
UNITED COUNTRY GULFLAND R.E.
Buyer's Agent
Kim Sasser
SELLSTATE VISION REALTY
List Price
$120,000
Sold Price
$80,000
Premium/Discount to List
-$40,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.40%

Purchase Details

Closed on
Sep 4, 2018
Sold by
Magielnicki S Bryan
Bought by
Magielnicki S Bryan

Purchase Details

Closed on
Oct 30, 2017
Sold by
Magielnicki Magielnicki S and Magielnicki Jennifer
Bought by
Magielnicki S Bryan

Purchase Details

Closed on
May 29, 1998
Sold by
Roberts Ralph Thomas and Roberts Connie Lee
Bought by
Magielnici S Bryan and Magielnicki Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
7.11%
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
Gherardini Courtney Marie $305,000 Integrity Title Services
Hector Contreras Pa $145,000 Arcadia Abstract & Title
Qu Liquan $80,000 Arcadia Abstract & Ttl Co In
Magielnicki S Bryan $127,500 Attorney
Magielnicki S Bryan -- Attorney
Magielnici S Bryan $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gherardini Courtney Marie $299,475
Previous Owner Hector Contreras Pa $197,000
Previous Owner Magielnici S Bryan $71,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2022 10/27/22 Sold $305,000 +1.7% $82 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $299,990 0.0% $81 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/24/2022 08/24/22 Price Changed $299,990 -7.7% $81 / Sq Ft
08/12/2022 08/12/22 Price Changed $324,990 -1.5% $87 / Sq Ft
07/28/2022 07/28/22 For Sale $329,990 +127.6% $89 / Sq Ft
02/07/2022 02/07/22 Sold $145,000 -19.4% $39 / Sq Ft View Prior Sale
01/16/2022 01/16/22 Pending -- -- --
12/18/2021 12/18/21 For Sale $179,900 0.0% $48 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $179,900 0.0% $48 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/17/2021 08/17/21 Price Changed $179,900 +6.4% $48 / Sq Ft
08/04/2021 08/04/21 For Sale $169,000 0.0% $45 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $169,000 +111.3% $45 / Sq Ft
09/17/2020 09/17/20 Sold $80,000 -33.3% $22 / Sq Ft View Prior Sale
08/20/2020 08/20/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $120,000 -- $32 / Sq Ft
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 $5,227 $286,129 -- --
2023 $5,117 $277,795 $8,000 $269,795
2022 $3,436 $184,326 $8,000 $176,326
2021 $3,086 $129,553 $8,000 $121,553
2020 $783 $65,025 $0 $0
2019 $784 $63,563 $0 $0
2018 $792 $63,592 $0 $63,592
2017 $673 $62,284 $0 $62,284
2016 $798 $61,003 $0 $61,003
2015 $806 $60,579 $0 $60,579
2014 $813 $60,098 $0 $60,098
Source: Public Records

Agents Affiliated with this Home

  • Hector Contreras

    Seller's Agent in 2022

    Hector Contreras

    WEICHERT REALTORS EXCLUSIVE PROPERTIES

    (727) 344-9325

    1 in this area

    420 Total Sales

    Hector Contreras
    Section Image
  • Kim Sasser

    Seller's Agent in 2022

    Kim Sasser

    SELLSTATE VISION REALTY

    (863) 444-0933

    5 in this area

    9 Total Sales

    Kim Sasser
    Section Image

  • R

    Buyer's Agent in 2022

    Robyn Lee

    SARASOTA REALTY ASSOC., INC.

    (941) 716-2460

    1 in this area

    22 Total Sales

    Robyn Lee
    Section Image
  • William Lane

    Buyer's Agent in 2022

    William Lane

    EQUITYPRO TAMPA BAY LLC

    (727) 460-1351

    1 in this area

    6 Total Sales

    William Lane
    Section Image
  • Mac Martin

    Seller's Agent in 2020

    Mac Martin

    UNITED COUNTRY GULFLAND R.E.

    (863) 494-2100

    41 in this area

    86 Total Sales

    Mac Martin
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: T3391762

Stellar MLS

APN: 25-37-24-0178-0040-0000

Florida DeSoto County Arcadia 34266

523 N Lee Ave, Arcadia, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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