NOT LISTED FOR SALE

9174 SW Highway 17 Arcadia, FL 34266

Estimated Value: $159,343

4.47 Acres
$35,647 Price per Acre
194,713 Sq Ft Lot

Last Sold June 01, 2017

Last sale price $49,900

Est. 219% increase in value since last sale

Current estimated payment $895/month

1,655 Days on Market

About This Lot

As of June 2017

HUGE PRICE REDUCTION!!! THE BEST PRICED CG PARCEL PER ACRE IN THE COUNTY. 4.4+/- Acres with 825+/- Feet on Hwy 17. Commercial General allows a wide range of business activities from Carwashes to Restaurants; Bakeries to Repair Shops. With Hwy 17 widening to 4 lanes now complete, this property one of the few CG Sites w/Frontage. The Desoto County Land Development Regulations standards for Commercial General Zoning is available in PDF format upon request.

Last Agent to Sell the Property

Robin Vitali

COLLINS MANAGEMENT License #3018452 Listed on: 10/30/2012

Last Buyer's Agent

Robin Vitali

COLLINS MANAGEMENT License #3018452 Listed on: 10/30/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,179

Lot Details

  • 4.47 Acre Lot
  • 825 Ft Wide Lot
  • Northwest Facing Home
  • Oversized Lot
  • Level Lot
  • Property is zoned CG

Schools

  • Desoto Middle School
  • Desoto County High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Block 0475
  • Assessor Parcel Number 18-39-24-0000-0475-0000

Property Details

Property Type

Land

Est. Annual Taxes

$1,179

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 4.47
  • Lot Size Sq Ft: 194713
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • RATIO Current Price By Calculate: 0.26
  • Total Acreage: Two + to Five Acres
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Direction Faces: Northwest
  • Home Warranty: No
  • Waterfront: No
  • Water View YN: 0

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Schools

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

Lot Info

  • Zoning: CG
  • Parcel Number: 18-39-24-0000-0475-0000
  • Additional Parcels: No
  • Current Use: Commercial
  • Lot Features: In County, Level, Oversized Lot, Paved
  • Lot Dimensions: Approx 825x610x640
  • Future Land Use: 001000
  • State Land Use Code: 0
  • State Property Use Code: 0

Tax Info

  • Tax Annual Amount: 1179
  • Tax Block: 0475
  • Tax Book Number: 0
  • Tax Lot: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2022
Sold by
William Sarro
Bought by
Bnr Property Holdings Llc
Current Estimated Value
$159,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$94,640
Interest Rate
5%
Mortgage Type
Seller Take Back
Estimated Equity
$64,703

Purchase Details

Listed on
Oct 30, 2012
Closed on
May 1, 2017
Bought by
Sarro William
Seller's Agent
Robin Vitali
COLLINS MANAGEMENT
Buyer's Agent
Robin Vitali
COLLINS MANAGEMENT
List Price
$215,000
Sold Price
$49,900
Premium/Discount to List
-$165,100
-76.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.80%

Purchase Details

Closed on
Jul 22, 2005
Sold by
Hayden Wayne
Bought by
Ogden Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
5.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 15, 2002
Sold by
Clerk Circuit Court
Bought by
Mfr & Tarders Tr Co
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
Bnr Property Holdings Llc $150,000 Arcadia Abstract & Title
Sarro William $49,900 --
Ogden Ventures Llc $222,300 Arcadia Abstract & Title Co
Mfr & Tarders Tr Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bnr Property Holdings Llc $100,000
Previous Owner Ogden Ventures Llc $166,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2017 08/30/17 Off Market $49,900 -- --
06/01/2017 06/01/17 Sold $49,900 -33.5% --
09/22/2016 09/22/16 Price Changed $75,000 -24.6% --
01/05/2016 01/05/16 Price Changed $99,500 -16.4% --
08/11/2015 08/11/15 Price Changed $119,000 -44.7% --
10/01/2014 10/01/14 For Sale $215,000 +330.9% --
10/01/2014 10/01/14 Off Market $49,900 -- --
10/30/2012 10/30/12 For Sale $245,000 -- --
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 $735 $44,700 $44,700 --
2023 $748 $44,700 $44,700 $0
2022 $755 $44,700 $44,700 $0
2021 $798 $44,700 $44,700 $0
2020 $804 $44,700 $44,700 $0
2019 $810 $44,700 $44,700 $0
2018 $814 $44,700 $0 $44,700
2017 $754 $17,880 $0 $44,700
2016 $1,179 $67,050 $0 $67,050
2015 $1,676 $89,400 $0 $89,400
2014 $1,530 $89,400 $0 $89,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: F1002075

Stellar MLS

APN: 18-39-24-0000-0475-0000