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500 Newell Hill Rd

Leesburg, FL 34748

2 bd 2 ba 1,134 sqft Built 1980 Lot 1,306 sqft condos
Most recent sale
$85,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2022 Sold $85,000 MLS #G5057401
Jul 1, 2022 Listed $84,999 MLS #G5057401
Feb 26, 2015 Sold $6,980 MLS #G4683933
Sep 1, 2013 Listing removed $17,900 StellarMLS
Jul 29, 2013 Price changed $17,900 MLS #G4691502
Jun 19, 2013 Relisted $19,999 MLS #G4691502
May 31, 2013 Listing removed $19,999 StellarMLS
May 9, 2013 Price changed $19,999 MLS #G4691502
Mar 22, 2013 Price changed $22,900 MLS #G4691502
Feb 7, 2013 Listing removed $625 StellarMLS
Feb 7, 2013 Listed $24,999 MLS #G4691502
Jan 2, 2013 Listed for rent $625 StellarMLS
Aug 21, 2012 Price changed $19,500 MLS #G4683933
Aug 6, 2012 Price changed $22,900 MLS #G4683933
Jul 12, 2012 Price changed $25,900 MLS #G4683933
May 29, 2012 Listed $32,500 MLS #G4683933
May 3, 2012 Listing removed $52,900 StellarMLS
Dec 22, 2011 Price changed $52,900 MLS #G4647263
Dec 23, 2010 Price changed $57,900 MLS #G4647263
Dec 3, 2010 Price changed $59,900 MLS #G4647263
Jan 26, 2010 Listing removed $80,000 StellarMLS
Sep 25, 2009 Relisted $63,900 MLS #G4647263
Sep 23, 2009 Listing removed $63,900 StellarMLS
Sep 10, 2009 Price changed $63,900 MLS #G4647263
Apr 9, 2009 Listed $69,900 MLS #G4647263
Jan 31, 2007 Sold $65,000 MLS #G4614420
Jan 2, 2007 Listed $74,000 MLS #G4614420
Oct 24, 2006 Listed $80,000 MLS #G4611656
Apr 7, 2003 Sold $46,000 Public Record
Sep 13, 1999 Sold $42,000 Public Record
May 1, 1998 Sold $39,000 Public Record
May 1, 1988 Sold $44,000 Public Record
Jun 1, 1981 Sold $47,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $40,639 $6,536 $47,175 $438
2021 $30,026 $171
2020 $29,612 $169
2019 $28,947 $28,947 $130
2018 $28,947 $28,947 $129
2017 $26,684 $26,684 $542
2016 $25,652 $25,652 $531
2015 $19,705 $5,504 $25,209 $536
2014 $24,805 $475
2013 $24,282 $446
2012 $27,880 $517
2011 $28,417 $526
2010 $52,496 $983
2009 $63,929 $1,196
2008 $68,177 $1,274

Property facts

Year built
1980
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,134 sqft
Lot size
1,306 sqft
ZIP code
34748
City
Leesburg
Street
Newell Hill Rd
Coordinates
28.81698, -81.85586

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
$510
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 Aug 1, 2022 for $85,000.
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 $438 in property tax.
How does 500 Newell Hill Rd's assessment compare to its last sale price?
The current assessment is 44.5% below the last sale price of $85,000.
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 2 bed, 2 bath, 1,134 sqft, 1,306 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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