NOT LISTED FOR SALE

8889 SW Coulter Rd Arcadia, FL 34269

Estimated Value: $132,000

0.34 Acre
$388,235 Price per Acre
14,810 Sq Ft Lot

Last Sold August 30, 2023

Last sale price $24,000

Est. 450% increase in value since last sale

Current estimated payment $723/month

2 Days on Market

About This Lot

As of August 2023

One of a kind property totaling just over a third of an acre! At a time where affordable land is hard to come by, this property shines! You will love all of the native plants/foliage, the lightly traveled road, and all of the space for outdoor enjoyment! This property is zoned RMF-M so mobile homes are welcome and don't be afraid to start that garden you have dreamed of. Whether looking to build or to invest and hold, this property should be on your list! Please verify with Desoto County Building and Zoning on whether this property will work for your desired use.

Last Agent to Sell the Property

Brandi Long

THE WILLIAMSON GROUP REALTY, I Brokerage Phone: 863-494-9009 License #3347368 Listed on: 07/19/2023

Last Buyer's Agent

Brandi Long

THE WILLIAMSON GROUP REALTY, I Brokerage Phone: 863-494-9009 License #3347368 Listed on: 07/19/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $246

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 82x176x96x185
  • Property is zoned RMF-M

Schools

  • Desoto Middle School
  • Desoto County High School

Community Details

  • No Home Owners Association
  • Welles Park Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 12-39-23-0402-0000-0290

Property Details

Property Type

Land

Est. Annual Taxes

$246

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14810
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • Escrow City: Arcadia
  • Escrow State: FL
  • Escrow Street Name: West Oak St
  • RATIO Current Price By Calculate: 1.62
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: No
  • Road Surface Type: Gravel
  • Disclosures: None
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12027C0277D

Utilities

  • Utilities: Electrical Nearby
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • High School: DeSoto County High School
  • Middle Or Junior School: DeSoto Middle School

Lot Info

  • Zoning: RMF-M
  • Parcel Number: 12-39-23-0402-0000-0290
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 82x176x96x185
  • Flood Zone Code: AE

Tax Info

  • Tax Annual Amount: 246
  • Tax Block: 00
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Aug 29, 2023
Sold by
Petrovich Peter A and Petrovich Charlotte T
Bought by
Grantham Chase Henderson
Seller's Agent
Brandi Long
THE WILLIAMSON GROUP REALTY, I
Buyer's Agent
Brandi Long
THE WILLIAMSON GROUP REALTY, I
List Price
$25,000
Sold Price
$24,000
Premium/Discount to List
-$1,000
-4%
Views
7
Current Estimated Value
$132,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,000
Avg. Annual Appreciation
120.17%
Original Mortgage
$300,000
Outstanding Balance
$293,420
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$161,420

Purchase Details

Closed on
May 20, 2005
Sold by
Heitman Jeffrey W and Heitman Eugene P
Bought by
Petrovich Peter A and Petrovich Charlotte T

Purchase Details

Closed on
Mar 25, 2005
Sold by
Pendergrass Walter K and Pendergrass Audrey J
Bought by
Heitman Jeffrey W and Heitman Eugene P
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
Grantham Chase Henderson $24,000 Arcadia Abstract & Title
Petrovich Peter A $20,000 Arcadia Abstract & Title Com
Heitman Jeffrey W $15,000 Arcadia Abstract & Title Com
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grantham Chase Henderson $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2023 08/30/23 Sold $24,000 -4.0% --
07/22/2023 07/22/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $25,000 -- --
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 $350 $20,000 $20,000 --
2023 $253 $20,000 $20,000 $0
2022 $246 $9,350 $0 $0
2021 $182 $8,500 $8,500 $0
2020 $184 $8,500 $8,500 $0
2019 $211 $10,000 $10,000 $0
2018 $212 $10,000 $0 $10,000
2017 $169 $2,500 $0 $10,000
2016 $200 $10,000 $0 $10,000
2015 $214 $10,000 $0 $10,000
2014 $198 $10,000 $0 $10,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7478316

Stellar MLS

APN: 12-39-23-0402-0000-0290