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Seminole 32773
6873 County Road 427
$615,000
● Land - Off Market

6873 County Road 427

SANFORD, FL 32773
bedrooms
Studio
bathrooms
0 Bath
$693,964
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Excellent opportunity to own this 4+ acre piece of land, 5 parcels being sold together. The two structures located on lot can be either rehabbed or demolished by buyer. A must see investment opportunity! Close to schools, parks, public transportation, shopping and dining with easy access to major roadways. See attachments for plat map photo from the property appraiser website. All Information recorded in the MLS is intended to be accurate but cannot be guaranteed, buyer advised to verify. Sold As-Is. No utilities will be turned on to this property and only cash/renovation loan offers with 0 day inspection period will be considered. Buyer should perform their due diligence/necessary inspections before submitting an offer.
Unit Size
-
Days on Market
17 days
Land Size
4.54 acres
Price per sqft
-
Property Type
Land
Property Taxes
$80
HOA Dues
-
Year Built
1944

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #O5988637)

Price History

Date / Event Date Event Price
Dec 20, 2021 Sold
Premium
Sold
Nov 30, 2021 Listed by ALL FLORIDA PROPERTY GROUP,INC $629,900
Listed by ALL FLORIDA PROPERTY GROUP,INC
Oct 31, 2006 Sold
Premium
Sold
Sep 1, 2006 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 10
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 94
  • Porch Type: 98
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,295
  • Total Building Area: 808
  • Gross Building Area: 808
  • Building Area: 808
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 12
  • Heating: 6
  • Heated Square Feet: 808
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000420
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: 01
  • Legal Description 1: SEC 13 TWP 20S RGE 30E BEG 1107.88 FT S + 359.84 FT W OF N 1/4 SEC COR RUN N 67 DEG 19 MIN 31 SEC E 58.34 FT N 55 DEG 50 MIN 54 SEC W 273.12 FT S 38 DEG 47 MIN 20 SEC W 55.06 FT S 57 DEG 15 MIN 30 SEC E TO BEG

Neighborhood

  • School District Name: Seminole County School District
  • School Tax School District: COUNTY-TX DIST
  • Census Tract: 020905

Zoning

  • Zoning: A1

Geography

  • Assessors Map Reference: 0088009A
  • Subdivision Tract Number: 300
  • Parcel: 13-20-30-300-007A-0000
  • Meridian: SEC 13 TWN 20S RNG 30E
  • Municipality: COUNTY-TX DIST 1
  • Latitude: 28.7539
  • Longitude: -81.2742

    Address

  • Full Address: 6873 County Road 427
  • Address - House Number: 6873
  • Address - Street Name: County Road 427
  • State: FL
  • City Name: Sanford
  • Carrier Code: R003
  • 4-Digit Zip Code: 7113
  • Zip Code: 32773

Valuation

    Tax

  • Total Area: 1,120
  • Tax Year: 2023
  • Tax Amount: $117,101
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.1327
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 84
  • Final Value: 145,339
  • High Value: 164,639
  • Low Value: 126,038

    Market Valuation

  • Market Total Value: $70,226
  • Market Land Value: $51,120
  • Market Improvement Value: $19,106

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,094

    Sales

  • Current Sale Contract Date: Dec 14, 2021
  • Current Sale Recording Date: Dec 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2021165182
  • Previous Sale Recording Date: Oct 21, 2021
  • Previous Sale Contract Date: Oct 07, 2021
  • Previous Sale Document Type: 69
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 Seminole

Stats & Trends

Median Asking:

$415,000

Sale Price/ft²

$237

Below Asking

0.03%

Average Days on Market

69

Average Home Size

1927 ft²

Average Home Age

35 years

Currently For Sale

1732 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

Unit for rent at 700 E Airport Boulevard, SANFORD, FL, 32773

$1,275 /mo

  • 1 Bed
  • 1 Bath
  • 726 ft²
700 E Airport Boulevard #A3, SANFORD, FL, 32773 Listing by Jorge Rodriguez
Unit for rent at 25204 Northlake Drive, SANFORD, FL, 32773

$1,295 /mo

  • 2 Beds
  • 2 Baths
  • 960 ft²
25204 Northlake Drive #25204, SANFORD, FL, 32773 Listing by Joe Thomas

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Wade Stafford
ALL FLORIDA PROPERTY GROUP,INC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O5988637
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 6873 County Road 427 built and last sold?
The property at 6873 County Road 427 was built in 1944 and last sold on Dec 14, 2021 for $615,000.
How much is this home worth?
The estimated value of the home located at 6873 County Road 427 is $636,199.
What are some comparable homes to 6873 County Road 427?
There are currently no comparable homes to 6873 County Road 427.
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