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Levy 34449
20160 SE 111th TERRACE
$5,500
● Land - Off Market

20160 SE 111th TERRACE

INGLIS, FL 34449
bedrooms
Studio
bathrooms
0 Bath
$6,357
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

INGLIS 1/4 ACRE BUILDING LOT. Walking distance to Lake Rousseau for fishing and boating. Lot measures about 85' x 122'. Great location for a winter home or full time living. Zoned Rural Residential for either manufactured or site-built homes. No HOA or deed restrictions. No time limit to build.
Unit Size
-
Days on Market
37 days
Land Size
0.24 acres
Price per sqft
-
Property Type
Land
Property Taxes
$6
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #OM622469)

Price History

Date / Event Date Event Price
Aug 4, 2023 Sold
Premium
Sold
May 19, 2023 Listed by HARRIETT DOWNS REAL ESTATE LLC $150,000
Listed by HARRIETT DOWNS REAL ESTATE LLC
Aug 4, 2021 Sold
Premium
Sold
Jun 23, 2021 Listed by HARRIETT DOWNS REAL ESTATE LLC $5,500
Listed by HARRIETT DOWNS REAL ESTATE LLC

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRACELAND SHORES
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 000
  • State Land Use Code: 0000
  • Legal Description 1: 03-17-17 GRACELAND SHORES BLK F LOT 13 OR BOOK 1596 PAGE 518

Neighborhood

  • School District Name: Levy County School District
  • School Tax School District: FIRE_1
  • Census Tract: 970700

Geography

  • Assessors Map Reference: MB 5, 671596 PA
  • Parcel: 15637-000-00
  • Block: F
  • Lot: 13
  • Meridian: SEC 03 TWN 17S RNG 17E
  • Municipality: SW FLORIDA WT MG
  • Latitude: 29.0353
  • Longitude: -82.5822

    Address

  • Full Address: 20160 Se 111th Ter
  • Address - House Number: 20160
  • Street Direction: SE
  • Address - Street Name: 111th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Inglis
  • Carrier Code: H003
  • 4-Digit Zip Code: 3852
  • Zip Code: 34449

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,183
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: SW

    Appraisal Valuation

  • Standard Deviation: 0.4898
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 2
  • Final Value: 63,464
  • High Value: 94,551
  • Low Value: 32,376

    Open Liens

  • First Open Lien Mortgage Lender:
    Premium
  • First Open Lien Mortgage Recording Date:
    Premium
  • First Open Lien Mortgage Financing Type:
    Premium
  • First Open Lien Mortgage Loan Amount:
    Premium
  • First Open Lien Mortgage Term:
    Premium
  • First Open Lien Mortgage Position:
    Premium
  • First Open Lien Mortgage Loan Type:
    Premium
  • First Open Lien Mortgage Loan Due Date:
    Premium

    Market Valuation

  • Market Total Value: $4,750
  • Market Land Value: $4,750

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $4,750
  • Assessed Land Value: $4,750

    Sales

  • Current Sale Contract Date: Jul 28, 2023
  • Current Sale Recording Date: Aug 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 722746
  • Previous Sale Recording Date: Aug 04, 2021
  • Previous Sale Contract Date: Jul 27, 2021
  • Previous Sale Amount: $5,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Levy

Stats & Trends

Median Asking:

$299,000

Sale Price/ft²

$200

Below Asking

0.04%

Average Days on Market

81

Average Home Size

1897 ft²

Average Home Age

30.5 years

Currently For Sale

254 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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STELLAR

Listed by: Lorena Freyn
HARRIETT DOWNS REAL ESTATE LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM622469
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 20160 Southeast 111th Terrace built and last sold?
The property at 20160 Southeast 111th Terrace was built in and last sold on Jul 28, 2023 for $145,000.
How much is this home worth?
The estimated value of the home located at 20160 Southeast 111th Terrace is $0.
What are some comparable homes to 20160 Southeast 111th Terrace?
There are currently no comparable homes to 20160 Southeast 111th Terrace.
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