NOT LISTED FOR SALE

5280 W Cinnamon Ridge Dr Lecanto, FL 34461

Estimated Value: $228,025

21.89 Acres
$10,417 Price per Acre
953,528 Sq Ft Lot

Last Sold April 29, 2021

Last sale price $175,000

Est. 30% increase in value since last sale

Current estimated payment $1,347/month

36 Days on Market

About This Lot

As of April 2021

This beautiful acreage zoned PDR is located between two residential communities and is conveniently located within minutes from SR 44 and the entrance of the new Suncoast Parkway Extension currently under construction . Access can be made from two different sides both via paved roads. The entrance near 5085 W Sago Palm Ct is in a cul de sac of a subdivision and boasts 1219 linear feet of frontage. The additional entrance is found on W Cinnamon Ridge. The Suncoast Parkway Extension is currently under construction from US 98 to SR 44 which gives easy access to all the area has to offer.

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $951

Lot Details

  • 21.89 Acre Lot
  • Lot Dimensions are 881x1200x166x314x226x125x150
  • Property is zoned PDR

Utilities

  • Well Required
  • Septic Needed

Community Details

  • Ridgewood Acres #6 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18E-19S-06-0050-00000-0060

Property Details

Property Type

Land

Est. Annual Taxes

$951

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 21.89
  • Lot Size Sq Ft: 953702
  • Directions to Property: 5085 W Sago Palm Ct is the house closest to the gate of the property on the Sago Palm Side. From HWY 44, turn onto Crystal Oaks Dr. Turn left onto Sago Palm Ct. Gate to land is at the end of Sago Palm CT. For the W Cinnamon Ridge gate, take HWY 44 to W Southern St. Take slight right onto W Rolling View Pl and then right on W Cinnamon Ridge. Gate to property is at the end of the road.
  • Escrow City: Tavares
  • Escrow Postal Code: 32778
  • Escrow State: FL
  • Escrow Street Name: Dora Ave.
  • Escrow Street Number: 2511
  • List Office Head Office Key Nume: 1049393
  • Status: Sold
  • Street Direction: W
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 5280

Exterior Features

  • Flood Zone Code: AE

Utilities

  • Utilities: Electrical Nearby
  • Sewer: Septic Needed
  • Water Source: Well Required

Lot Info

  • Price Per Acre: 7995
  • Total Acreage: 20 to less than 50
  • Zoning: PDR
  • Parcel Number: 18E-19S-06-0050-00000-0060
  • Current Use: Unimproved Land
  • Lot Dimensions: 881x1200x166x314x226x125x150
  • Lot Size Square Meters: 88602

Tax Info

  • Tax Annual Amount: 950.63
  • Tax Book Number: 19-51-53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 29, 2021
Sold by
Montieth Ivan L and Montieth Denise
Bought by
Miedema Rodney and Miedema Tracy
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%
Current Estimated Value
$228,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,025
Avg. Annual Appreciation
6.07%

Purchase Details

Closed on
Dec 29, 2015
Sold by
Nature Coast Land Llc
Bought by
Montieth Ivan L and Montieth Denise W

Purchase Details

Closed on
May 5, 2014
Sold by
Invermed Properties Llc
Bought by
Nature Coast Land Llc
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
Miedema Rodney $175,000 None Available
Montieth Ivan L $84,900 First Intl Title Inc
Nature Coast Land Llc $151,600 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2021 04/29/21 Sold $175,000 -12.1% --
04/10/2021 04/10/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $199,000 -- --
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 $1,807 $120,420 $120,420 --
2023 $1,807 $120,420 $120,420 $0
2022 $1,935 $133,880 $133,880 $0
2021 $933 $65,130 $65,130 $0
2020 $951 $65,130 $65,130 $0
2019 $928 $65,130 $65,130 $0
2018 $838 $55,350 $55,350 $0
2017 $856 $55,350 $55,350 $0
2016 $890 $55,350 $55,350 $0
2015 $913 $55,350 $55,350 $0
2014 $918 $53,720 $53,720 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5039041

Stellar MLS

APN: 18E-19S-06-0050-00000-0060