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500 Newell Hill Rd

Leesburg, FL 34748

3 bd 2 ba 1,413 sqft Built 1980 Lot 1,696 sqft condos
Most recent sale
$93,500
Apr 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2025 Sold $65,000 StellarMLS
Feb 8, 2025 Listing removed $119,900 StellarMLS
Feb 3, 2025 Sold $70,000 StellarMLS
Dec 30, 2024 Relisted $70,000 StellarMLS
Dec 1, 2024 Listing removed $119,900 StellarMLS
Sep 18, 2024 Listing removed $119,900 StellarMLS
Jun 21, 2024 Listed $119,900 StellarMLS
Apr 26, 2022 Sold $93,500 MLS #O6000849
Apr 13, 2022 Relisted $93,500 MLS #O6000849
Apr 4, 2022 Listing removed $93,500 StellarMLS
Mar 25, 2022 Price changed $93,500 MLS #O6000849
Feb 1, 2022 Listed $95,500 MLS #O6000849
Jul 12, 2018 Sold $41,000 MLS #G5000543
Apr 23, 2018 Listed $44,900 MLS #G5000543
Aug 2, 2017 Listing removed $56,900 StellarMLS
Feb 4, 2017 Listed $56,900 MLS #G4837935
Jan 26, 2010 Listing removed $95,000 StellarMLS
Jan 23, 2006 Sold $95,000 Public Record
Jan 12, 2006 Listed $95,000 MLS #G4598381
Aug 11, 1997 Sold $40,300 Public Record
Jun 1, 1982 Sold $56,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $51,884 $10,260 $62,144 $1,161
2022 $43,660 $893
2021 $39,691 $768
2020 $36,083 $772
2019 $32,803 $32,803 $659
2018 $32,803 $32,803 $650
2017 $29,982 $29,982 $601
2016 $28,950 $28,950 $591
2015 $22,930 $5,504 $28,434 $596
2014 $30,608 $585
2013 $29,927 $550
2012 $31,036 $111
2011 $31,662 $123
2010 $59,683 $540
2009 $71,579 $630
2008 $76,523 $683
2007 $78,171 $1,009

Property facts

Year built
1980
Property type
condos
Stories
2
Beds
3
Baths
2
Living area
1,413 sqft
Lot size
1,696 sqft
ZIP code
34748
City
Leesburg
Street
Newell Hill Rd
Coordinates
28.81687, -81.85497

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$561
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 500 Newell Hill Rd last sell?
500 Newell Hill Rd most recently sold on Apr 26, 2022 for $93,500.
What is the current tax assessment for 500 Newell Hill Rd?
The most recent total assessment for 500 Newell Hill Rd (year 2025) is $62,144 with $1,161 in property tax.
How does 500 Newell Hill Rd's assessment compare to its last sale price?
The current assessment is 33.5% below the last sale price of $93,500.
When was 500 Newell Hill Rd built?
500 Newell Hill Rd was built in 1980.
How does 500 Newell Hill Rd compare to others on Newell Hill Rd?
We track 8 other properties on Newell Hill Rd. Browse the list under "Other properties on Newell Hill Rd" to compare beds, baths, and sale history.
What are the property facts for 500 Newell Hill Rd?
500 Newell Hill Rd is a 3 bed, 2 bath, 1,413 sqft, 1,696 sqft lot condos.
Is 500 Newell Hill Rd a flip candidate?
No — 500 Newell Hill Rd does not appear in our flips dataset.
Is 500 Newell Hill Rd a tax-appeal candidate?
No — 500 Newell Hill Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.6%
Implied 1-yr
-6.5%
2026 Q3
$238.1K
2026 Q4
$233.8K
ZIP 34748 — Median Price History + Forecast

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