NOT LISTED FOR SALE

Estimated Value: $625,199

0.14 Acre
$4,465,707 Price per Acre
6,250 Sq Ft Lot

Last Sold October 25, 2021

Last sale price $533,000

Est. 17% increase in value since last sale

Current estimated payment $4,081/month

128 Days on Market

Highlights

  • The property is located in a historic district
  • No HOA
  • Level Lot
  • Property is near public transit
  • Street paved with bricks
  • Heating Available

About This Lot

As of October 2021

Prime Thornton Park mixed-use vacant lot in the heart of Thornton Park. Unique opportunity in a great location with numerous options. Plans available for a mixed use building with commercial on the first floor, residential on the second and third with a variance for a rooftop terrace. Alternatively, approved for two duplex units or two three-story townhomes with a rooftop terrace. This is the perfect piece of property to create something special. Located amongst retail and residential and only two blocks from Lake Eola.

Last Agent to Sell the Property

Katherine Kinchla

RUTH JAMES FL License #686966 Listed on: 04/10/2021

Last Buyer's Agent

Katherine Kinchla

RUTH JAMES FL License #686966 Listed on: 04/10/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,565

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 62.5 x 100
  • South Facing Home
  • Chain Link Fence
  • Level Lot
  • Street paved with bricks
  • Cleared Lot
  • Property is zoned AC-N/T/HP/

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Community Details

  • No Home Owners Association
  • Edgewater Terrace Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / D
  • Assessor Parcel Number 25-22-29-2426-04-072

Property Details

Property Type

Land

Est. Annual Taxes

$6,565

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6250
  • Directions to Property: I-4 to Colonial Drive exit. Go East to Summerlin Ave and head South to Washington St and then East. This vacant lot is 1.5 blocks east of Summerlin, located on the North side in between Hill Ave and Hyer Ave.
  • Status: Sold
  • Street Direction: E
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.92696
  • Price per Sq Ft: 85.28
  • Close to Original List Price Ratio: 0.92696
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 811

Exterior Features

  • Direction Faces: South
  • Road Frontage Type: Business District
  • Waterfront: No
  • Road Surface Type: Street Brick
  • Water View Y N: No
  • Front Footage: 63
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0265F

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Sewer Available, Street Lights
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: AC-N/T/HP/
  • Parcel Number: 25-22-29-2426-04-072
  • Additional Parcels: No
  • Current Use: Mixed Use
  • Fencing: Chain Link
  • Lot Features: Buildable, Central Business District, Cleared, Historic District, City Lot, Level, Near Public Transit, Sidewalk
  • Lot Dimensions: 62.5 x 100
  • Price Per Acre: 3807143
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • Zoning Compatible Y N: Yes

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 6564.8
  • Tax Block: D
  • Tax Book Number: F-5
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2024
Sold by
Country Trust Inc
Bought by
Narain Sookrani Sattie and Narain Shiv
Current Estimated Value
$625,199

Purchase Details

Closed on
Sep 12, 2024
Sold by
Narain Sookrani Sattie and Narain Shiv
Bought by
Country Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,999
Interest Rate
6.47%
Mortgage Type
Construction
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
Narain Sookrani Sattie $100 None Listed On Document
Narain Sookrani Sattie $100 None Listed On Document
Country Trust $100 Assure America Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Country Trust $249,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $533,000 -7.3% --
08/16/2021 08/16/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $575,000 0.0% --
05/05/2021 05/05/21 Pending -- -- --
04/10/2021 04/10/21 For Sale $575,000 -- --
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 $7,416 $1,253,700 $405,000 $848,700
2024 $7,377 $405,000 $405,000 --
2023 $7,377 $405,000 $405,000 $0
2022 $7,051 $385,688 $385,688 $0
2021 $6,519 $350,625 $350,625 $0
2020 $6,302 $350,625 $350,625 $0
2019 $6,528 $343,750 $343,750 $0
2018 $3,462 $178,813 $178,813 $0
2017 $3,184 $162,563 $162,563 $0
2016 $3,149 $157,813 $157,813 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5936281

Stellar MLS

APN: 25-2229-2426-04-072