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500 Newell Hill Rd

Leesburg, FL 34748

3 bd 2 ba 1,413 sqft Built 1980 Lot 1,695 sqft condos
Most recent sale
$115,000
Jul 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 5, 2024 Listing removed $133,000 StellarMLS
Jul 10, 2024 Price changed $133,000 StellarMLS
Jun 13, 2024 Price changed $159,500 StellarMLS
May 16, 2024 Listed $169,500 StellarMLS
Jul 26, 2022 Sold $115,000 MLS #G5056753
Jul 5, 2022 Relisted $115,000 MLS #G5056753
Jul 3, 2022 Listing removed $115,000 StellarMLS
Jun 21, 2022 Relisted $115,000 MLS #G5056753
Jun 20, 2022 Listing removed $115,000 StellarMLS
Jun 14, 2022 Listed $115,000 MLS #G5056753
Mar 21, 2022 Sold $95,000 MLS #G5051815
Feb 14, 2022 Listed $95,000 MLS #G5051815
Jun 12, 1997 Sold $33,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $32,660 $167
2021 $31,715 $156
2020 $31,278 $158
2019 $30,575 $122
2018 $30,005 $114
2017 $29,388 $106
2016 $28,784 $100
2015 $23,080 $5,504 $28,584 $98
2014 $30,537 $66
2013 $30,086 $84
2012 $31,182 $105
2011 $31,812 $117
2010 $57,239 $513
2009 $55,735 $501
2008 $55,680 $501
2007 $54,059 $542

Property facts

Year built
1980
Property type
condos
Stories
2
Beds
3
Baths
2
Living area
1,413 sqft
Lot size
1,695 sqft
ZIP code
34748
City
Leesburg
Street
Newell Hill Rd
Coordinates
28.81721, -81.85494

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
$690
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 Jul 26, 2022 for $115,000.
What is the current tax assessment for 500 Newell Hill Rd?
The most recent total assessment for 500 Newell Hill Rd (year 2022) is $32,660 with $167 in property tax.
How does 500 Newell Hill Rd's assessment compare to its last sale price?
The current assessment is 71.6% below the last sale price of $115,000.
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, 1,695 sqft lot condos.
Is 500 Newell Hill Rd a flip candidate?
Yes — 500 Newell Hill Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
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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