NOT LISTED FOR SALE

Estimated Value: $739,000 - $850,000

7 Acres
$113,500 Price per Acre
304,920 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $1,000,000

Est. 21% decrease in value since last sale

Current estimated payment $4,419/month

935 Days on Market

Highlights

  • 7 Acre Lot
  • No HOA
  • Heating Available
  • Wildwood Elementary School Rated 9+
  • Fenced

About This Lot

As of October 2021

LOCATION, LOCATION, LOCATION. Value in Location - 7 Acres located within the heart of the development growth in Sumter County - Wildwood, Sumterville, Coleman and The Villages. Minutes away from the Florida Turnpike and I-75. This property is located just 2 miles south of the new beautiful developments "The Villages of Fenney" and "The Villages of McClure" and could be zoned commercial for a great number of opportunities. This property sits on the corner of Marsh Bend Trail (CR501) and CR500 and has 330’ of frontage on Marsh Bend Trail. City of Wildwood Planning and Zoning has approved to rezone several assemblages of parcels across from this property from Agriculture, Public Facilities to City "Age Restricted Development." PLEASE NOTE AUDIO & VIDEO SURVEILLANCE ON PROPERTY.

Last Agent to Sell the Property

Cindy Hoagland

KELLER WILLIAMS ELITE PARTNERS III REALTY License #3322806 Listed on: 03/13/2019

KELLER WILLIAMS ELITE PARTNERS III REALTY

Last Buyer's Agent

Joyce Plant

REAL BROKER, LLC License #704855

REAL BROKER, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,200

Lot Details

  • 7 Acre Lot
  • Property fronts a county road
  • Unincorporated Location
  • Fenced

Schools

  • Wildwood Elementary School
  • Wildwood Middle School
  • Wildwood High School

Utilities

  • Underground Utilities

Community Details

  • No Home Owners Association
  • Indian Oaks Subdivision

Listing and Financial Details

  • Legal Lot and Block 30 / 9
  • Assessor Parcel Number K09A030

Property Details

Property Type

Land

Est. Annual Taxes

$1,200

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 7
  • Lot Size Sq Ft: 304920
  • Directions to Property: Traveling North on Turnpike Exit 296, Go West on CR 470 (Central Parkway) for 3 miles , Right on Marsh Bend Trl (CR501), property on the corner of CR500 and Marsh Bend Trl (CR501) or Traveling West on Warm Springs, turn left/south on Marsh Bend Trail follow Marsh Bend Trail to CR 500.
  • Status: Sold
  • Total Acreage: 5 to less than 10
  • Call Center Phone Number: 3524557225
  • Ratio: Close Price\List Price: 0.41667
  • Price per Sq Ft: 3.28
  • Close to Original List Price Ratio: 0.37736
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 7112

Exterior Features

  • Other Structures: Other
  • Road Frontage Type: County Road
  • Waterfront: No
  • Water View Y N: No
  • Front Footage: 66
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12119C0163D
  • Disclosures: Land Sales Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electrical Nearby, Underground Utilities
  • Sewer: None
  • Water Source: None
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Wildwood Elementary
  • High School: Wildwood High
  • Middle Or Junior School: Wildwood Middle

Lot Info

  • Parcel Number: K09A030
  • Additional Parcels: No
  • Fencing: Boundary Fencing
  • Lot Features: Buildable, In County, Unincorporated
  • Lot Dimensions: 660
  • Price Per Acre: 142857
  • Flood Zone Code: X
  • Flood Zone Date: 2013-09-27
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 1200.17
  • Tax Block: 9
  • Tax Book Number: 4-53
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2024
Sold by
Naimatjesus Llc
Bought by
Naimatjesus 7112 Llc
Current Estimated Value
$794,500

Purchase Details

Listed on
Mar 13, 2019
Closed on
Oct 15, 2021
Sold by
Varner Paul M and Varner Mildred Annette
Bought by
Naimat Jesus Inc
Seller's Agent
Cindy Hoagland
KELLER WILLIAMS ELITE PARTNERS III REALTY
Buyer's Agent
Joyce Plant
REAL BROKER, LLC
List Price
$2,650,000
Sold Price
$1,000,000
Premium/Discount to List
-$1,650,000
-62.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.77%
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
Naimatjesus 7112 Llc $100 None Listed On Document
Naimat Jesus Inc $1,000,000 First International Ttl Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $1,000,000 -58.3% --
10/03/2021 10/03/21 Pending -- -- --
07/30/2021 07/30/21 Price Changed $2,400,000 -9.4% --
03/13/2019 03/13/19 For Sale $2,650,000 -- --
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 $1,170 $103,310 $70,000 $33,310
2023 $1,170 $98,240 $0 $0
2022 $1,053 $89,310 $56,000 $33,310
2021 $1,155 $89,310 $56,000 $33,310
2020 $1,200 $89,310 $56,000 $33,310
2019 $1,231 $89,310 $56,000 $33,310
2018 $1,105 $89,310 $56,000 $33,310
2017 $1,056 $82,900 $49,590 $33,310
2016 $964 $71,790 $0 $0
2015 $945 $68,890 $0 $0
2014 $971 $68,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5012948

Stellar MLS

APN: K09A030