NOT LISTED FOR SALE

Estimated Value: $123,000 - $186,000

0.04 Acre
$3,862,500 Price per Acre
1,655 Sq Ft Lot

Last Sold April 30, 2021

Last sale price $39,000

Est. 403% increase in value since last sale

Current estimated payment $1,047/month

4 Days on Market

About This Lot

As of April 2021

Owner is offering owner financing with 20% down and the mortgage amortized for 20 years at a 6% interest rate with a balloon payment at the end of 5 years.There are 2 lots side-by-side in the Florida Palms subdivision. This is a townhome community. The lots are high and dry - ready for townhomes to be built. These are the last two lots available in Florida Palms. Each lot is $45,000, the owner would like to sell the two lots together for $90,000, but he will consider selling them separately.

Last Agent to Sell the Property

Heather Townsend

COLDWELL BANKER REALTY License #663472 Listed on: 04/07/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Rachel Leonardo

HARVEST REAL ESTATE PROFESSIONALS LLC License #3312003

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $262

Lot Details

  • 1,655 Sq Ft Lot
  • Lot Dimensions are 30x55
  • North Facing Home
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned KSRP

Schools

  • Central Avenue Elementary School
  • Denn John Middle School
  • Osceola High School

Utilities

  • Cable TV Available

Community Details

  • Association Phone (407) 846-1851
  • Florida Palms Subdivision

Listing and Financial Details

  • Legal Lot and Block 62 / 1
  • Assessor Parcel Number 16-25-29-1422-0001-0620

Property Details

Property Type

Land

Est. Annual Taxes

$262

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1655
  • Number Of Lots: 2
  • Escrow City: Orlando
  • Escrow Postal Code: 32819
  • Escrow State: FL
  • Escrow Street Name: W Sand Lake Road
  • Escrow Street Number: 7604
  • List Office Head Office Key Nume: 1046393
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: North
  • Flood Zone Code: X

Utilities

  • Utilities: Cable Available, Electrical Nearby
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Phone: 407-846-1851

Fee Information

  • Amenities Additional Fees: Buyer is to verify all fees with the HOA 407-846-1851

Schools

  • Elementary School: Central Avenue Elem
  • High School: Osceola High School
  • Middle Or Junior School: Denn John Middle

Lot Info

  • Price Per Acre: 975000
  • Total Acreage: 1/2 to less than 1
  • Zoning: KSRP
  • Parcel Number: 16-25-29-1422-0001-0620
  • Additional Parcels: Yes
  • Current Use: Unimproved Land
  • Lot Features: Buildable
  • Lot Dimensions: 30x55
  • Lot Size Square Meters: 154

Tax Info

  • Tax Annual Amount: 262.21
  • Tax Block: 1
  • Tax Book Number: 7-85
  • Tax Lot: 62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Apr 27, 2021
Sold by
623 Partners Llc
Bought by
Gadr Investments Llc
Seller's Agent
Heather Townsend
COLDWELL BANKER REALTY
Buyer's Agent
Rachel Leonardo
HARVEST REAL ESTATE PROFESSIONALS LLC
List Price
$90,000
Sold Price
$39,000
Premium/Discount to List
-$51,000
-56.67%
Current Estimated Value
$196,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,000
Avg. Annual Appreciation
35.88%
Original Mortgage
$58,500
Outstanding Balance
$8,333
Interest Rate
3.1%
Mortgage Type
Balloon
Estimated Equity
$146,167

Purchase Details

Closed on
Oct 20, 2014
Sold by
Righetti Homes Llc
Bought by
623 Partners Llc

Purchase Details

Closed on
Aug 9, 2006
Sold by
Amec Builders Inc
Bought by
Righetti Homes Llc

Purchase Details

Closed on
May 24, 2005
Sold by
Rey Group Inc
Bought by
Amec Builders Inc

Purchase Details

Closed on
Oct 20, 2003
Sold by
Fl Palms Inc
Bought by
Rey Group Inc and Rey Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
6.03%
Source: Public Records

Range of Values:

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Average Value
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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
Gadr Investments Llc $78,000 Sunbelt Title Agency
623 Partners Llc -- Attorney
Righetti Homes Llc $50,000 Attorney
Amec Builders Inc $117,600 --
Rey Group Inc $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gadr Investments Llc $58,500
Previous Owner Rey Group Inc $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $39,000 -13.3% --
04/11/2021 04/11/21 Pending -- -- --
04/07/2021 04/07/21 Price Changed $45,000 -50.0% --
04/07/2021 04/07/21 For Sale $90,000 -- --
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 $254 $14,500 $14,500 --
2023 $254 $14,500 $14,500 $0
2022 $254 $14,500 $14,500 $0
2021 $260 $14,500 $14,500 $0
2020 $262 $14,500 $14,500 $0
2019 $266 $14,500 $14,500 $0
2018 $268 $14,500 $14,500 $0
2017 $249 $13,200 $13,200 $0
2016 $251 $13,200 $13,200 $0
2015 $257 $13,200 $13,200 $0
2014 $258 $13,200 $13,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5935504

Stellar MLS

APN: 16-25-29-1422-0001-0620