6 months on rocket

500 Newell Hill Rd Unit 111D, Leesburg, FL, 34748

$70,000

Home List Price

$831*

Closing Credit

3 Bedrooms
2 Full Baths
1,413 SqFt
$50/SqFt
Condo

Location

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500 Newell Hill Rd Unit 111D, Leesburg$70,000

Buyer Closing Credits

$831*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1980
HeatingCentral, Electric
CoolingCentral Air
MLS #O6216626
Lot Size0.04 Acres
StatusActive

About 500 Newell Hill Rd Unit 111D

Excellent rental income opportunity. This property allows rentals with no waiting period. This Beautiful condo is being sold at a discounted price due to the roofs needing to be repaired or replaced. This is an "as is" cash-only sale. Condo will not qualify for a conventional mortgage due to the roofs needing repairs or replacement. Enjoy the epitome of affordable luxury in this charming 3-bedroom gem nestled in a serene Florida community. Fantastic amenities with a beautiful community pool and close to many fun outdoor activities. This spacious unit offers the perfect blend of comfort and style. For those aged 55 and older, enjoy resort-style living with access to a pool, clubhouse, shuffleboard, and conveniences like trash pickup, water, and basic cable—all included! Embrace a tranquil lifestyle where every day feels like a vacation. Don't miss out on this exceptional opportunity to call it yours!

Property Details

Property Features

Property Information:

  • Year Built: 1980
  • Stories: 1
  • Living Area: 1,413 SqFt

Listing Office:

  • Office Name: SLOANE REALTY, LLC
  • Office Phone: (407) 829-2418
  • Listing Agent: Matt White

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator
  • Flooring Type: Carpet, Laminate, Tile
  • Interior: Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Irrigation System, Sidewalk

Virtual/3D Tour

  • Virtual Tour: 500 Newell Hill Rd Unit 111D
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take I-4 E/W and exit at Florida's Turnpike heading north to Lake County. Take exit 285 from Florida's Turnpike. Continue on US-27 N/US Hwy 27 N to your destination in Leesburg. Merge onto US-27 N/US Hwy 27 N. Turn right onto FL-44 E/W Dixie Ave. Continue straight onto Newell Hill Rd. Turn right on Newell Hill Rd. 500 Newell Hill Rd #111D will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $70,000
  • Price Per SqFt: $50/SqFt

HOA Fees:

  • Amount: $611
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $772
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Leesburg, FL.

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Leesburg, FL

City

Med. Sold Price

$299.9K

Med. Price/SqFt

$179

Avg. Days On Market

64

# of Sold Homes

70

500 Newell Hill Rd Unit 111D vs Leesburg

201 DAYS ON ROCKET

+137 Days

$70,000

-$229.9K Less

$50/SqFt

-$130 Less

KEY TAKEAWAY

This property is $229.9K less than the Median Sold Price and $130/SqFt less than other homes in Leesburg, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6216626

Listing Office:

  • Office Name: SLOANE REALTY, LLC
  • Office Phone: (407) 829-2418
  • Listing Agent: Matt White

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/7/2025, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 17, 2018Home Sold
$41,000
Jan 23, 2006Home Sold
$95,000
Aug 11, 1997Home Sold
$40,300

Tax History

YEARPROP. TAXASSESSMENT
2020$772$42,074
2019$660$32,803
2018$650$32,803
2017$602$29,982

History based on county public records data.

Payment Calculator

$1,028

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$276

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1093765
3
/10

  • Beverly Shores Elementary School

  • 1108 Griffin Rd

  • 1.91 miles

  • Public District Grades PK-5

school-card-donut-1093766
3
/10

  • Leesburg Elementary School

  • 2229 South St

  • 2.86 miles

  • Public District Grades PK-5

school-card-donut-1093767
4
/10

  • Fruitland Park Elementary School

  • 304 W Fountain St

  • 4.48 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,396. The majority of Leesburg, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 500 Newell Hill Rd Unit 111D

What is the listing price of this property?

The listing price of 500 Newell Hill Rd Unit 111D property is $70,000.

What type of property is this?

The property 500 Newell Hill Rd Unit 111D is a condo located in Leesburg, Florida, 34748.

Is this property for sale now?

Active Listing: 500 Newell Hill Rd Unit 111D is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $772 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 17, 2018 for $41,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 500 Newell Hill Rd Unit 111D has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 500 Newell Hill Rd Unit 111D is 1,413 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 500 Newell Hill Rd Unit 111D is 1980.

Rocket Homes›Florida›Lake County›Leesburg›34748›500 Newell Hill Rd Unit 111D

This home is located at 500 Newell Hill Rd Unit 111D in Leesburg, FL and zip code 34748 in the Chesterbrook Condominium neighborhood. This 1,413 square foot home, which was built in 1980, sits on a 0.04 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 21, 2024 and is currently priced at $70,000.

While more than 9 listings in Leesburg, FL in December 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 48 were sold below. In December 2024 in Leesburg, FL there were 2.2% more homes for sale than in November 2024. The median list price of listings available in December 2024 was $299,960, while the average time on the real estate market was 64 days.

From Rocket Homes Real Estate and based on county public records data.

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