$40,000
SOLD JUL 13, 2018

708 Newell Hill Rd Leesburg, FL 34748

1.14 Acres
$35,088 Price per Acre
49,658 Sq Ft Lot

Recently Sold

27% Below List Price

75 Days on Market

Highlights

  • Access To Chain Of Lakes
  • Gated Community
  • Heating Available
  • Oak Trees
  • 1.14 Acre Lot

About This Lot

As of July 2021

Majestic Oaks Landing, Lot 8 - A gated executive community on Lake Griffin. Property is 0.75+/- Acre. Bring your builder & no time limit to build. Close to the Hospital & Downtown but private with restricted access. Minutes to the Mall, Lake Sumter State College & Leesburg's International Airport. Only 1 hour to Orlando & 10 minutes to the Villages.

Last Agent to Sell the Property

Dan Tatro

GRIZZARD COMMERCIAL REALESTATE License #3190991 Listed on: 04/16/2018

GRIZZARD COMMERCIAL REALESTATE

Last Buyer's Agent

Gilberto Figueroa

KELLER WILLIAMS ADVANTAGE III License #3389302

KELLER WILLIAMS ADVANTAGE III

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $551

Lot Details

  • 1.14 Acre Lot
  • Oak Trees
  • Property is zoned R-1A

HOA Fees

  • $60 Monthly HOA Fees

Location

  • City Lot

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 24-19-24-130000000800

Community Details

Overview

  • Leesburg Majestic Oaks Landing Subdivision

Security

  • Gated Community

Recreation

  • Access To Chain Of Lakes

Property Details

Property Type

Land

Est. Annual Taxes

$551

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.14
  • Lot Size Sq Ft: 49496
  • Directions to Property: Leesburg US Hwy 441 to Newell Hill Rd, Turn left, Follow to gated entry of Majestic Oaks, continue straight into community & through 2nd entry & Lot will be on the right
  • Status: Sold
  • Total Acreage: 1 to less than 2
  • Ratio: Close Price\List Price: 0.88889
  • Price per Sq Ft: 0.81
  • Close to Original List Price Ratio: 0.72727
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 708

Exterior Features

  • Water Body Name: Lake Griffin
  • Waterfront: No
  • Water Access: Lake - Chain of Lakes
  • Water View Y N: No
  • Front Footage: 136
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12069C0330E

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Public
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Water Access
  • Association Amenities: Gated
  • Association Fee: 60
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Gated Community
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 720
  • Monthly HOA Fee: 60
  • Total Monthly Fees: 60

Lot Info

  • Zoning: R-1A
  • Parcel Number: 24-19-24-130000000800
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: City Lot
  • Lot Dimensions: irr
  • Millage Rate: 18.42
  • Price Per Acre: 35088
  • Flood Zone Code: X
  • Flood Zone Date: 2012-12-18
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No
  • Pet Restrictions: Per Deed Restrictions

Tax Info

  • Tax Annual Amount: 551
  • Tax Block: 00000
  • Tax Book Number: 52-79-80
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Jul 14, 2021
Sold by
Ocasio Selma A and Rivera Dennis
Bought by
Bevis Kevin B
Seller's Agent
Kristina Burns
RE/MAX INNOVATION
Buyer's Agent
Melody Ostrom
FLORIDA FIRST REALTY ASSOC LLC
List Price
$75,900
Sold Price
$71,000
Premium/Discount to List
-$4,900
-6.46%
Current Estimated Value
$107,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,751
Avg. Annual Appreciation
9.97%

Purchase Details

Listed on
Apr 16, 2018
Closed on
Jul 13, 2018
Sold by
Schicin Edward M and Schicin Kay C
Bought by
Ocaslo Selma A and Rivera Dennis
Seller's Agent
Dan Tatro
GRIZZARD COMMERCIAL REALESTATE
Buyer's Agent
Gilberto Figueroa
KELLER WILLIAMS ADVANTAGE III
List Price
$55,000
Sold Price
$40,000
Premium/Discount to List
-$15,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.00%
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 Type Sale Price Title Company
Warranty Deed $71,000 Nona Title Inc
Warranty Deed $40,000 Brokers Title Of Leesburg Ll
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Stand Alone Second
Previous Owner $812,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2021 07/14/21 Sold $71,000 -6.5% --
06/26/2021 06/26/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $75,900 +6.9% --
06/06/2021 06/06/21 Off Market $71,000 -- --
12/22/2020 12/22/20 Pending -- -- --
11/19/2020 11/19/20 For Sale $75,900 0.0% --
10/25/2020 10/25/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $75,900 +89.8% --
07/13/2018 07/13/18 Sold $40,000 -11.1% --
06/27/2018 06/27/18 Pending -- -- --
05/25/2018 05/25/18 Price Changed $45,000 -18.2% --
04/13/2018 04/13/18 For Sale $55,000 -- --
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
2025 $620 $66,000 $66,000 --
2024 $620 $66,000 $66,000 --
2023 $620 $39,000 $39,000 $0
2022 $658 $39,000 $39,000 $0
2021 $625 $39,000 $0 $0
2020 $629 $39,000 $0 $0
2019 $549 $29,900 $0 $0
2018 $540 $29,900 $0 $0
2017 $542 $29,900 $0 $0
2016 $551 $29,900 $0 $0
2015 $567 $29,900 $0 $0
2014 $572 $29,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5000209

Stellar MLS

APN: 24-19-24-1300-000-00800