NOT LISTED FOR SALE

Estimated Value: $205,000

1.08 Acres
$189,815 Price per Acre
47,045 Sq Ft Lot

Last Sold August 21, 2023

Last sale price $55,000

Est. 273% increase in value since last sale

Current estimated payment $1,208/month

330 Days on Market

Highlights

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

About This Lot

As of August 2023

Under contract-accepting backup offers. One-acre parcel of land for sale in Royal Trails Subdivision is an excellent opportunity for someone looking to build their dream home. Property owners have deeded access to Lake Norris, the minimum square footage is 1,200 with no time limit to build, buyers can take their time to plan and build the perfect home to suit their needs. Zoning allows for two horses per. The HOA is $65.00 per year. The community park, playground, and enclosed pavilion with picnic tables provide additional amenities for residents to enjoy. This parcel backs up to 80 ACRES of state land means that there will be no rear neighbors, providing a sense of privacy and seclusion that many seek when looking for a place to call home. Royal Trails is a deed restrictive community, the prohibition on modular, mobile, or manufactured homes ensures that the community maintains a certain level of aesthetic appeal and value. Once you build, you may park your RV and boat. Boundary SURVEY is available.

Last Agent to Sell the Property

Katina Hargrove

STAKE YOUR LAND REALTY, INC. Brokerage Phone: 352-551-0308 License #3166989 Listed on: 09/05/2022

Last Buyer's Agent

Odair Magalhaes

LOKATION License #3147609

LOKATION

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $316

Lot Details

  • 1.08 Acre Lot
  • Lot Dimensions are 150x314
  • 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 5 / 081
  • Assessor Parcel Number 36-17-28-0100-081-00500

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
  • Access To Lake
  • Water Skiing Allowed

Property Details

Property Type

Land

Est. Annual Taxes

$316

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.08
  • Lot Size Sq Ft: 47162
  • Directions to Property: From Sorrento, head East on SR44 to Left on Royal Trails Road, to Right on W. Thyme, to Right on Poinciana, to Left on Alder, to Left on Aspen, Look for post sign on Right side of road past E. Thyme Ave.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: Mount Dora
  • Escrow Postal Code: 32757
  • Escrow State: FL
  • Escrow Street Name: E. Fifth
  • Escrow Street Number: 501
  • List Office Head Office Key Nume: 1039790
  • RATIO Current Price By Calculate: 1.17
  • Total Acreage: 1 to less than 2
  • Water Access YN: 1
  • Planned Unit Development Yn: 1
  • Tax Year: 2022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: LOT 5

Exterior Features

  • Water Body Name: LAKE NORRIS
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure
  • Water Access: Lake
  • Water Extras: Skiing Allowed
  • Water Extras YN: 1
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2012-12-18
  • Flood Zone Panel: 12069C0254E
  • Price Per Acre: 50926

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, Water Access
  • 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: www.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: 36-17-28-0100-081-00500
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: In County, Room For Pool, Paved, Wooded, Zoned for Horses
  • Lot Dimensions: 150x314
  • Flood Zone Code: X
  • Lot Size Square Meters: 4381
  • Zoning Compatible YN: 1

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 316
  • Tax Block: 081
  • Tax Book Number: 19-1-59
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2024
Sold by
Mmj Partners Llc
Bought by
Domani Building Llc
Total Days on Market
330
Current Estimated Value
$205,000

Purchase Details

Listed on
Sep 5, 2022
Closed on
Aug 21, 2023
Sold by
Tringle Nicole R
Bought by
Mmj Partners Llc
Seller's Agent
Katina Hargrove
STAKE YOUR LAND REALTY, INC.
Buyer's Agent
Odair Magalhaes
LOKATION
List Price
$62,000
Sold Price
$55,000
Premium/Discount to List
-$7,000
-11.29%
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
107.70%

Purchase Details

Listed on
Mar 5, 2022
Closed on
May 6, 2022
Sold by
Elizabeth Dehnert
Bought by
Tringle Nicole R
Seller's Agent
Katina Hargrove
STAKE YOUR LAND REALTY, INC.
Buyer's Agent
Katina Hargrove
STAKE YOUR LAND REALTY, INC.
List Price
$59,000
Sold Price
$55,000
Premium/Discount to List
-$4,000
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$41,250
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2004
Sold by
Sparks Jessica G
Bought by
Dehnert Charles W and Dehnert Elizabeth

Purchase Details

Closed on
Jun 6, 2001
Sold by
Bennett William Munn
Bought by
Sparks Jessica G
Source: Public Records

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Range of Values:

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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
Domani Building Llc $100 None Listed On Document
Mmj Partners Llc $55,000 None Listed On Document
Tringle Nicole R $55,000 Dempsey Katrina H
Dehnert Charles W $22,000 --
Sparks Jessica G $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tringle Nicole R $41,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $55,000 -7.6% --
08/02/2023 08/02/23 Pending -- -- --
06/30/2023 06/30/23 Price Changed $59,500 -1.7% --
06/23/2023 06/23/23 Price Changed $60,500 -1.6% --
06/16/2023 06/16/23 Price Changed $61,500 -1.6% --
06/09/2023 06/09/23 Price Changed $62,500 -1.6% --
06/02/2023 06/02/23 Price Changed $63,500 -1.6% --
05/06/2023 05/06/23 Price Changed $64,500 +4.0% --
04/18/2023 04/18/23 For Sale $62,000 0.0% --
03/30/2023 03/30/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $62,000 0.0% --
03/22/2023 03/22/23 Pending -- -- --
03/20/2023 03/20/23 Price Changed $62,000 +5.1% --
02/11/2023 02/11/23 Price Changed $59,000 -8.5% --
12/21/2022 12/21/22 Price Changed $64,500 -0.8% --
09/05/2022 09/05/22 For Sale $65,000 +18.2% --
05/06/2022 05/06/22 Sold $55,000 -6.8% --
03/05/2022 03/05/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $59,000 -- --
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 $619 $41,006 $41,006 --
2024 $619 $41,006 $41,006 --
2023 $619 $41,006 $41,006 $0
2022 $316 $20,300 $20,300 $0
2021 $304 $20,300 $0 $0
2020 $264 $13,885 $0 $0
2019 $269 $13,885 $0 $0
2018 $261 $13,885 $0 $0
2017 $249 $13,885 $0 $0
2016 $193 $13,885 $0 $0
2015 $190 $13,723 $0 $0
2014 $155 $9,802 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5060362

Stellar MLS

APN: 36-17-28-0100-081-00500