NOT LISTED FOR SALE

6831 Us-19 Palmetto, FL 34221

Estimated Value: $517,275

12.2 Acres
$42,400 Price per Acre
531,432 Sq Ft Lot

Sale Details

Date Sold: May 29, 2020

Last sale price $345,000

Est. 50% increase in value since last sale

Current estimated payment $2,772 / mo

601 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Fishing
  • High Speed Internet
  • Boat Ramp
  • 12.2 Acre Lot
  • Heating Available

About This Lot

As of May 2020

12.2 Acres on historical Terra Ceia Island. Build your dream home. The site is located at the Southwest corner of U.S. 19 and Ken Hubbard Lane. It is a rectangle with having 383 ft on Hubbard Lane and an overall depth of 1369-1405 ft. Access to the property is difficult as it is overgrown with native trees & scrub underneath. Primarily oak & pine. According to county aerial photos approximately 2.75 acres is contained in a 3.65+ acre lake on the rear. That area is 22% of the total acreage. Electric is connected to the site at the NE corner however the panel breaker is badly rotted. A free flowing well is located near the center of the property, however attached piping is broken. It was most likely a nursery at one time as historically Terra Ceia was once a huge agricultural area due to freeze protection by nearby waters. Ideally located with quick access to I-275. The village Improvement Association is not a homeowners association, but a voluntary part of the community. There is a 3 acre park called the Seabreeze with picnic tables and a fishing pier on Terra Ceia Bay. There are many community activities that take place there plus a hall that was built in 1905 where monthly meetings & covered dish suppers take place. The hall is located on Center Road. Come and visit and see what "Old Florida" really is. There is no survey to this parcel.

Last Agent to Sell the Property

Mary Kermode

RE/MAX ALLIANCE GROUP License #0487504 Listed on: 06/10/2018

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Brian Faro

PARADISE EXCLUSIVE INC License #3291006

PARADISE EXCLUSIVE INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,317

Lot Details

  • 12.2 Acre Lot
  • Lot Dimensions are 383x386
  • 300 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Property is zoned RSF1

HOA Fees

  • $13 Monthly HOA Fees

Utilities

  • Septic Needed
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 2129710006

Community Details

Overview

  • Association fees include recreational facilities
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Boat Ramp
  • Fishing
  • Park
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$4,317

Lot Details

12.2 Acres

HOA Fees

$13 per month

Listing Details

  • HOA Fee Includes: Recreational Facilities
  • Property Type: Land
  • Lot Size Acres: 12.2
  • Lot Size Sq Ft: 531432
  • Status: Sold
  • Total Acreage: 10 to less than 20
  • Ratio: Close Price\List Price: 0.90813
  • Price per Sq Ft: 0.65
  • Close to Original List Price Ratio: 0.90813
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: County Road
  • Waterfront: Yes
  • Water View Y N: No
  • Front Footage: 383
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0154E
  • Waterfront Frontage: 300
  • Water Frontage Feet Lake: 300
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electrical Nearby, Phone Available, Water Available
  • Sewer: Septic Needed
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Fishing, Golf Carts OK, Water Access
  • Association Amenities: Park
  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association: Yes
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 150
  • Monthly HOA Fee: 12.5
  • Total Monthly Fees: 12.5

Lot Info

  • Zoning: RSF1
  • Parcel Number: 2129710006
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable
  • Lot Dimensions: 383x386
  • Price Per Acre: 28279
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • Current Adjacent Use: Residential
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 4317.07
  • Tax Lot: 3

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2018
Closed on
May 29, 2020
Sold by
Benson Mahlon A and Squicciarini Carol J
Bought by
K C Holdings Llc
Seller's Agent
Mary Kermode
RE/MAX ALLIANCE GROUP
Buyer's Agent
Brian Faro
PARADISE EXCLUSIVE INC
List Price
$379,900
Sold Price
$345,000
Premium/Discount to List
-$34,900
-9.19%
Current Estimated Value
$517,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,275
Avg. Annual Appreciation
7.13%
Original Mortgage
$258,750
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 12, 1998
Sold by
Benson Mahlon A and Benson Jean D
Bought by
Benson Mahlon A
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
K C Holdings Llc $345,000 Attorney
Benson Mahlon A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed K C Holdings Llc $258,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $345,000 -9.2% --
01/30/2020 01/30/20 Pending -- -- --
06/08/2018 06/08/18 For Sale $379,900 -- --
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
2025 $202 $383,046 -- --
2023 $192 $3,326 $0 $0
2022 $5,834 $414,800 $414,800 $0
2021 $5,255 $372,100 $372,100 $0
2020 $4,261 $285,715 $285,715 $0
2019 $4,317 $286,475 $285,715 $760
2018 $4,357 $286,525 $285,715 $810
2017 $3,768 $258,975 $258,115 $860
2016 $3,699 $258,975 $258,115 $860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4405544

Stellar MLS

APN: 21297-1000-6

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