NOT LISTED FOR SALE

Estimated Value: $842,000

5.35 Acres
$157,383 Price per Acre
233,046 Sq Ft Lot

Sale Details

Date Sold: June 25, 2021

Last sale price $662,500

Est. 27% increase in value since last sale

Current estimated payment $6,185 / mo

150 Days on Market

Highlights

  • 5.35 Acre Lot
  • Pine Trees
  • Paved or Partially Paved Lot

About This Lot

As of June 2021

OUTSTANDING DEVELOPMENT OPPORTUNITY LOCATED DIRECTLY ACCROSS FROM INDIAN RIVER STATE COLLEGE. PREVIOUSLY SITE PLAN APPROVED FOR 42 TOWNHOMES WITH ACCESS PERMITTED FROM VIRGINIA AVE EXTENDING SOUTH 33RD STREET TO VIRGINIA AVE. IDEALLY LOCATED JUST MINUTES TO SHOPPING, I-95, TURNPIKE, DOWNTOWN, BEACHES, HOSPITAL AND RECREATION. THIS SITE IS READY FOR IMMEDIATE DEVELOPMENT AT A PERFECT TIME WHEN DEMAND IS HIGH AND INVENTORY IS LOW! A COMPLETE SET OF SITE PLANS, ELEVATIONS ETC. IS AVAILABLE.

Last Agent to Sell the Property

Mark Tierney

Coldwell Banker Paradise License #377987 Listed on: 11/14/2020

Coldwell Banker Paradise

Last Buyer's Agent

Will Flores

Vic's Picks Realty, LLC. License #3208421

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,840

Lot Details

  • 5.35 Acre Lot
  • South Facing Home
  • Paved or Partially Paved Lot
  • Pine Trees
  • Many Trees
  • 3 Lots in the community
  • Site Plan Filed
  • Property is zoned Medium

Location

  • City Lot

Utilities

  • Water Available
  • Cable TV Available

Community Details

  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 241743400040007

Property Details

Property Type

Land

Est. Annual Taxes

$7,840

Lot Details

5.35 Acres

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Directions: 3000 BLOCK OF VIRGINIA AVE NORTH SIDE OF CANAL.
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: 5-10 Acres, City Lot, Many Trees
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Direction Faces: South

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, None, Sewer Available, Water Available
  • Water Source: Public

Lot Info

  • Parcel #: 241743400040007
  • Current Use: Multi-Family, Unimproved
  • Development Status: Site Plan Filed
  • Lot Size Acres: 5.35
  • Lot Size Sq Ft: 233046.0
  • Number Of Lots: 3
  • Possible Use: Commercial
  • Mobile Dim Units: Feet
  • Additional Parcels Description: 241743400100002,24174340013000
  • Zoning: Medium

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7840.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2020
Closed on
Jun 24, 2021
Sold by
Tripodi Investments Inc
Bought by
Fort Pierce Properites L & R Inc
Seller's Agent
Mark Tierney
Coldwell Banker Paradise
Buyer's Agent
Will Flores
Vic's Picks Realty, LLC.
List Price
$699,900
Sold Price
$662,500
Premium/Discount to List
-$37,400
-5.34%
Current Estimated Value
$842,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,500
Avg. Annual Appreciation
5.07%
Original Mortgage
$262,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2010
Sold by
Belmont Estates Llc
Bought by
Tripodi Investments Inc

Purchase Details

Closed on
Oct 31, 2005
Sold by
Gilbert Richard I and Bargren Patricia
Bought by
Belmont Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$861,250
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2004
Sold by
Norvell Charles L and Osteen Kathryn Joy
Bought by
Gilbert Richard I and Bargren Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,500
Interest Rate
1.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2003
Sold by
Norvell Charles L and Norvell Vivian
Bought by
Novell Charles L and Osteen Kathryn Joy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fort Pierce Properites L & R Inc $662,000 Fairwater Title Company Llc
Tripodi Investments Inc $525,500 Attorney
Belmont Estates Llc $1,525,000 --
Gilbert Richard I $444,100 First American Title Ins Co
Novell Charles L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fort Pierce Properites L & R Inc $262,500
Previous Owner Belmont Estates Llc $861,250
Previous Owner Gilbert Richard I $442,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $662,500 -5.3% --
05/26/2021 05/26/21 Pending -- -- --
11/13/2020 11/13/20 For Sale $699,900 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $20,656 $823,284 $823,284 --
2024 $18,897 $1,058,400 $1,058,400 --
2023 $18,897 $940,800 $940,800 $0
2022 $6,675 $252,000 $252,000 $0
2021 $6,866 $252,000 $252,000 $0
2020 $6,961 $252,000 $252,000 $0
2019 $7,038 $252,000 $252,000 $0
2018 $6,740 $252,000 $252,000 $0
2017 $6,804 $252,000 $252,000 $0
2016 $6,855 $252,000 $252,000 $0
2015 $6,963 $252,000 $252,000 $0
2014 -- $230,384 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10671144

BeachesMLS (Greater Fort Lauderdale)

APN: 24-17-434-0004-0007

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