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500 Newell Hill Rd

Leesburg, FL 34748

2 bd 2 ba 1,134 sqft Built 1980 Lot 1,385 sqft condos
Most recent sale
$95,500
Apr 25, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 21, 2024 Price changed $89,900 StellarMLS
May 7, 2024 Listed $94,900 StellarMLS
May 9, 2023 Listing removed $96,000 StellarMLS
Apr 25, 2023 Sold $95,500 StellarMLS
Mar 3, 2023 Listed $99,000 StellarMLS
Oct 29, 2021 Listing removed $46,500 StellarMLS
Oct 24, 2021 Listing removed $1,000 StellarMLS
Jul 7, 2021 Sold $47,900 StellarMLS
May 11, 2021 Price changed $47,900 StellarMLS
Jan 31, 2021 Listed $49,000 StellarMLS
Feb 24, 2019 Listed for rent $1,000 StellarMLS
Feb 10, 2019 Listed $55,000 StellarMLS
Feb 8, 2019 Listing removed $53,900 StellarMLS
Jan 11, 2019 Listing removed $950 StellarMLS
Aug 30, 2018 Listing removed $53,900 StellarMLS
Jul 30, 2018 Listing removed $950 StellarMLS
Jun 25, 2018 Price changed $53,900 StellarMLS
May 5, 2018 Listed for rent $950 StellarMLS
Mar 4, 2018 Price changed $55,900 StellarMLS
Jan 21, 2018 Listed $79,900 StellarMLS
Feb 3, 2013 Listing removed $19,900 StellarMLS
Jan 8, 2013 Relisted $19,900 StellarMLS
Nov 7, 2012 Listing removed $19,900 StellarMLS
Jul 11, 2012 Price changed $19,900 StellarMLS
Jun 27, 2012 Listed $24,000 StellarMLS
Oct 21, 2004 Sold $44,700 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $40,639 $6,536 $47,175 $914
2022 $40,639 $6,536 $47,175 $882
2021 $35,026 $686
2020 $31,842 $689
2019 $28,947 $28,947 $589
2018 $28,947 $28,947 $580
2017 $26,684 $26,684 $541
2016 $25,652 $25,652 $530
2015 $19,705 $5,504 $25,209 $535
2014 $24,805 $474
2013 $24,282 $446
2012 $27,880 $516
2011 $28,417 $526
2010 $52,496 $486
2009 $51,912 $482
2008 $51,861 $481
2007 $50,351 $481

Property facts

Year built
1980
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,134 sqft
Lot size
1,385 sqft
ZIP code
34748
City
Leesburg
Street
Newell Hill Rd
Coordinates
28.81697, -81.85599

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
$573
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 25, 2023 for $95,500.
What is the current tax assessment for 500 Newell Hill Rd?
The most recent total assessment for 500 Newell Hill Rd (year 2023) is $47,175 with $914 in property tax.
How does 500 Newell Hill Rd's assessment compare to its last sale price?
The current assessment is 50.6% below the last sale price of $95,500.
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 2 bed, 2 bath, 1,134 sqft, 1,385 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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