NOT LISTED FOR SALE

Estimated Value: $104,000 - $431,000

1 Acre
$269,253 Price per Acre
43,560 Sq Ft Lot

Last Sold February 07, 2024

Last sale price $75,000

Est. 259% increase in value since last sale

Current estimated payment $1,451/month

9 Days on Market

Highlights

  • Water Access
  • Wooded Lot
  • Park
  • Horses Allowed in Community
  • Community Playground
  • Zoned For Horses

About This Lot

As of February 2024

1 Acre for sale, 150 X 290 in Royal Trails Equestrian Subdivision. Once you build, you may park your RV and boat. The community has a park and pavilion with many activities throughout the year. Deeded access to Lake Norris and many miles of roads to bike ride or jog. Zoning allows two horses per acre; a survey is recommended for accurate dimensions. The minimum square footage is 1,200 square feet with no time limit to build. Come drive by and you may see some cranes and possibly a deer or two. A Deed restrictive community, no Manufacture, Mobile, Modular or Barndominium homes. The HOA is $65 a Year. Public maintained roads and no CDD.

Last Agent to Sell the Property

Katina Hargrove

STAKE YOUR LAND REALTY, INC. Brokerage Phone: 352-551-0308 License #3166989 Listed on: 12/29/2023

Last Buyer's Agent

Melissa Best

CAN REALTY, LLC License #3537093

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $526

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 150x290
  • Rural Setting
  • Wooded Lot

HOA Fees

  • $5 Monthly HOA Fees

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Legal Lot and Block 4 / 078
  • Assessor Parcel Number 36-17-28-0100-078-00400

Community Details

Overview

  • Joe Tegg, President Association, Phone Number (352) 483-2740
  • Visit Association Website
  • Royal Trails Unit 01 Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Playground
  • Park
  • Horses Allowed in Community
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$526

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1
  • Lot Size Sq Ft: 43560
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: Mount Dora
  • Escrow State: FL
  • Escrow Street Name: East Fifth Ave
  • RATIO Current Price By Calculate: 1.72
  • Total Acreage: 1 to less than 2
  • Water Access YN: 0
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • Attribution Contact: 352-551-0308
  • Tax Year: 2023
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Other Disclosures
  • Water View YN: 0
  • Waterfront Feet Total: 0

Utilities

  • Utilities: BB/HS Internet Capable
  • Sewer: Septic Needed
  • Water Source: Well Required

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Horses Allowed, Park, Playground
  • Association Fee: 65
  • Association Fee Frequency: Annually
  • Association Name: Joe Tegg, President
  • Phone: 352-483-2740
  • Association: Yes
  • Association 2 YN: 0
  • Association Fee Requirement: Required
  • Association Email: bod@royaltrails.com
  • Association URL: royaltrails.com

Fee Information

  • Total Annual Fees: 65.00
  • Total Monthly Fees: 5.42
  • Monthly HOA Amount: 5.42

Lot Info

  • Zoning: R-1
  • Parcel Number: 36-17-28-0100-078-00400
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: In County, Room For Pool, Rural, Paved, Wooded, Zoned for Horses
  • Lot Dimensions: 150x290
  • Flood Zone Code: x

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 526.46
  • Tax Block: 078
  • Tax Book Number: 19-1-59
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2024
Sold by
R K D Investments Llc
Bought by
Salazar Oscar and Martinez Angie Sanjuanita
Current Estimated Value
$269,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,680
Outstanding Balance
$233,639
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$35,614

Purchase Details

Listed on
Dec 29, 2023
Closed on
Feb 7, 2024
Sold by
Kiel Gary Wayne and Kiel Lori Ann
Bought by
R K D Investments Llc
Seller's Agent
Katina Hargrove
STAKE YOUR LAND REALTY, INC.
Buyer's Agent
Melissa Best
CAN REALTY, LLC
List Price
$79,999
Sold Price
$75,000
Premium/Discount to List
-$4,999
-6.25%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
94.59%

Purchase Details

Listed on
Apr 11, 2022
Closed on
Jun 7, 2022
Sold by
Revocab Christine Chancey Lee Intervivos
Bought by
Kiel Gary Wayne and Kiel Lori Ann
Seller's Agent
Katina Hargrove
STAKE YOUR LAND REALTY, INC.
Buyer's Agent
Katina Hargrove
STAKE YOUR LAND REALTY, INC.
List Price
$57,500
Sold Price
$50,000
Premium/Discount to List
-$7,500
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.48%

Purchase Details

Closed on
Apr 4, 2007
Sold by
Lee Christine
Bought by
Lee Christine Chancey and The Christine Chancey Lee Inte

Purchase Details

Closed on
Jan 25, 2005
Sold by
Bundy Gary P
Bought by
Lee Christine

Purchase Details

Closed on
Apr 7, 2004
Sold by
Pait Stacey L and Stacey L Pait Revocable Trust
Bought by
Bundy Gary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salazar Oscar $244,000 Homeland Title Services
R K D Investments Llc $75,000 None Listed On Document
Kiel Gary Wayne $50,000 Shipley Law Firm & Title
Lee Christine Chancey -- Attorney
Lee Christine $30,000 Liberty Title Company
Bundy Gary $15,000 Liberty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salazar Oscar $236,680
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2024 02/07/24 Sold $75,000 -6.2% --
01/08/2024 01/08/24 Pending -- -- --
12/29/2023 12/29/23 For Sale $79,999 +60.0% --
06/07/2022 06/07/22 Sold $50,000 -13.0% -- View Prior Sale
04/11/2022 04/11/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $57,500 -- --
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
2026 $480 $335,503 $100,000 $235,503
2025 $543 $315,503 $80,000 $235,503
2024 $543 $35,350 $35,350 --
2023 $543 $35,350 $35,350 $0
2022 $280 $17,500 $17,500 $0
2021 $271 $17,500 $0 $0
2020 $3,422 $11,970 $0 $0
2019 $240 $11,970 $0 $0
2018 $233 $11,970 $0 $0
2017 $222 $11,970 $0 $0
2016 $167 $11,970 $0 $0
2015 $164 $11,830 $0 $0
2014 $133 $8,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5076812

Stellar MLS

APN: 36-17-28-0100-078-00400