NOT LISTED FOR SALE

Estimated Value: $1,841,000

5.79 Acres
$317,962 Price per Acre
252,212 Sq Ft Lot

Sale Details

Date Sold: September 20, 2021

Last sale price $4,250,000

Current estimated payment $11,534 / mo

2217 Days on Market

Highlights

  • 2,300 Feet of Waterfront
  • Golf Course Community
  • 5.79 Acre Lot
  • Dr. Phillips Elementary School Rated A-
  • Lake View
  • No HOA

About This Lot

As of September 2021

Majestic lakefront lot is awaiting your new home to be built. Located on Lake Tibet Butler of the famed chain, this estate lot is situated across from Bay Hill County Club behind it's own private gate. With 2,300 feet of waterfront, this 5.79+/- acre parcel offers the beauty of the Butler Chain with 11 interconnecting lakes and 72 miles of shoreline. Just steps away from the famed Bay Hill golf Course, you can experience the best in golf and waterfront living. Privacy abounds behind the secured entrance, stucco walk, and conservation areas. This parcel is not in a homeowners association and with southern exposure you will have abundant sun throughout the day. There is a 10,000 +/- boardwalk for enjoying the bountiful nature and serenity. Wetland area 2.99 +/- acres. Property includes Lot 003.

Last Agent to Sell the Property

Julie Bettosini

STOCKWORTH REALTY GROUP License #701035 Listed on: 03/04/2015

Last Buyer's Agent

Julie Bettosini

STOCKWORTH REALTY GROUP License #701035 Listed on: 03/04/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,794

Lot Details

  • 5.79 Acre Lot
  • Lot Dimensions are 689 x 451
  • 2,300 Feet of Waterfront
  • Lake Front
  • Property fronts a lake that is connected to a chain of lakes
  • Street terminates at a dead end
  • South Facing Home
  • Stone Wall
  • Level Lot
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned R-1AA

Schools

  • Dr. Phillips Elementary School
  • Southwest Middle School
  • Dr. Phillips High School

Additional Features

  • Chain Of Lake Views
  • City Lot

Listing and Financial Details

  • Tax Lot 005
  • Assessor Parcel Number 28-23-28-0000-00-005

Community Details

Overview

  • No Home Owners Association
  • Acreage & Unrec Subdivision

Recreation

  • Golf Course Community
  • Access To Chain Of Lakes
  • Access To Lake
  • Water Skiing Allowed

Property Details

Property Type

Land

Est. Annual Taxes

$22,794

Lot Details

5.79 Acres

Listing Details

  • Property Type: Land
  • Lot Size Acres: 5.79
  • Lot Size Sq Ft: 252212
  • Number Of Lots: 2
  • Status: Sold
  • Total Acreage: 5 to less than 10
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.86912
  • Price per Sq Ft: 16.85
  • Close to Original List Price Ratio: 0.36957
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Direction Faces: South
  • Road Frontage Type: Street Dead-End
  • View: Water
  • Water Body Name: Lake Tibet Butler Chain
  • Waterfront: Yes
  • Water View: Lake, Lake - Chain of Lakes
  • Water Access: Lake, Lake - Chain of Lakes
  • Water Extras: Skiing Allowed
  • Water View Y N: Yes
  • Front Footage: 2300
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 2300

Garage/Parking

  • Open Parking: No

Utilities

  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Golf
  • Association: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Dr. Phillips Elem
  • High School: Dr. Phillips High
  • Middle Or Junior School: Southwest Middle

Lot Info

  • Zoning: R-1AA
  • Parcel Number: 28-23-28-0000-00-005
  • Additional Parcels: Yes
  • Current Use: Residential
  • Fencing: Stone
  • Lot Features: City Lot, Level
  • Lot Dimensions: 689 x 451
  • Millage Rate: 16.89
  • Price Per Acre: 734024
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 22793.66
  • Tax Block: 00
  • Tax Book Number: 09924/6498
  • Tax Lot: 005

Multi Family

  • Waterfront Features: Lake - Chain of Lakes, Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2015
Closed on
Sep 20, 2021
Sold by
Masters Boulevard Llc
Bought by
Cw Family Lllp
Seller's Agent
Julie Bettosini
STOCKWORTH REALTY GROUP
Buyer's Agent
Julie Bettosini
STOCKWORTH REALTY GROUP
List Price
$4,890,000
Sold Price
$4,250,000
Premium/Discount to List
-$640,000
-13.09%
Current Estimated Value
$1,841,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,409,000
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cw Family Lllp $4,250,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2021 09/20/21 Sold $4,250,000 -13.1% --
03/30/2021 03/30/21 Pending -- -- --
10/14/2020 10/14/20 For Sale $4,890,000 0.0% --
06/29/2020 06/29/20 Pending -- -- --
04/15/2018 04/15/18 Price Changed $4,890,000 -17.1% --
07/21/2017 07/21/17 Price Changed $5,900,000 -48.7% --
03/04/2015 03/04/15 For Sale $11,500,000 -- --
Source: Stellar MLS

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 $64,165 $3,915,000 $3,900,000 $15,000
2024 $61,253 $3,915,000 $3,900,000 $15,000
2023 $61,253 $3,915,000 $3,900,000 $15,000
2022 $55,545 $3,515,000 $3,500,000 $15,000
2021 $23,553 $1,462,500 $1,447,500 $15,000
2020 $22,794 $1,462,500 $1,447,500 $15,000
2019 $24,130 $1,462,500 $1,447,500 $15,000
2018 $24,428 $1,462,500 $1,447,500 $15,000
2017 $24,702 $1,462,500 $1,447,500 $15,000
2016 $25,231 $1,462,500 $1,447,500 $15,000
2015 $25,862 $1,462,500 $1,447,500 $15,000
2014 $26,279 $1,462,500 $1,447,500 $15,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O5351111

Stellar MLS

APN: 28-2328-0000-00-005

Your Personal Tour Guide

Ask me questions while you tour the home.