NOT LISTED FOR SALE

0 SE 157th Street Rd Unit 44 OM655323 Summerfield, FL 34491

Estimated Value: $591,000

12 Acres
$49,086 Price per Acre
524,462 Sq Ft Lot

Last Sold July 21, 2023

Last sale price $445,000

Est. 33% increase in value since last sale

Current estimated payment $3,356/month

74 Days on Market

About This Lot

As of July 2023

12.04 acres of cleared land to build your dream home, don't miss out on this exceptional opportunity! Property currently ag exempt. Taxes will change once home is built. Additional parcels are currently available if more land is desired. Silverleaf Hills is a newly developed equestrian community with 45 parcels, offering stunning views, rolling hills and picturesque homesites. This breathtaking property is known for its charming countryside, Granddaddy oak and palm trees, magnificent barns and peaceful lakes and creeks. Located only minutes away from Ocala and The Villages - the amenities include underground utilities, paved streets, gated access and deed restrictions. Prices vary from $25,000 to $45,000 per acre. Contact us for more information and call us to tour this incredible one of a kind property today!

Last Agent to Sell the Property

Melody Williams

MEADOWS REALTY, LLC License #3015919 Listed on: 03/24/2023

Last Buyer's Agent

Chandler Marks

COMPASS FLORIDA LLC License #3256230

COMPASS FLORIDA LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $57

Lot Details

  • 12.04 Acre Lot
  • Lot Dimensions are 550x953
  • Cleared Lot
  • Property is zoned A1

HOA Fees

  • $131 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 4764-044-000

Community Details

Overview

  • Duke Mendel Association, Phone Number (813) 695-6966
  • Silverleaf Hills Subdivision

Recreation

  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$57

Lot Details

0

HOA Fees

$131 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 12.04
  • Lot Size Sq Ft: 524462
  • Directions to Property: From Ocala, head South on US 301/US 441 to Belleview, slight right onto US-301 S/Abshier Blvd to property on the right in Summerfield..
  • Status: Sold
  • Street Direction: SE
  • Ownership: Fee Simple
  • Escrow City: Summerfield
  • Escrow Postal Code: 34491
  • Escrow State: FL
  • Escrow Street Name: US Hwy 301
  • Escrow Street Number: 15400
  • List Office Head Office Key Nume: 530409604
  • RATIO Current Price By Calculate: 0.85
  • Total Acreage: 10 to less than 20
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 36960
  • Farm Type: Horse

Utilities

  • Utilities: Underground Utilities
  • Sewer: Septic Needed
  • Water Source: Well Required

Condo/Co-op/Association

  • Association Fee: 1566
  • Association Fee Frequency: Annually
  • Association Name: Duke Mendel
  • Phone: 813-695-6966
  • Association: Yes
  • Association 2 YN: 0
  • Pet Restrictions: Call Duke Mendel for more information 813-695-6966
  • Association Fee Requirement: Required
  • Association Email: dukemendel@verizon.net

Fee Information

  • Total Annual Fees: 1566.00
  • Total Monthly Fees: 130.50
  • Monthly HOA Amount: 130.50

Lot Info

  • Zoning: A1
  • Parcel Number: 4764-044-000
  • Additional Parcels: No
  • Current Use: Farm
  • Lot Features: Cleared
  • Lot Dimensions: 550x953
  • Flood Zone Code: x
  • Lot Size Square Meters: 48724

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Annual Amount: 57.06
  • Tax Block: 0
  • Tax Book Number: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
Jul 21, 2023
Sold by
Hill Wade R and Hill Barbara S
Bought by
Nmotion Equestrian Llc
Seller's Agent
Melody Williams
MEADOWS REALTY, LLC
Buyer's Agent
Chandler Marks
COMPASS FLORIDA LLC
List Price
$485,000
Sold Price
$445,000
Premium/Discount to List
-$40,000
-8.25%
Views
15
Current Estimated Value
$591,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,000
Avg. Annual Appreciation
14.71%
Original Mortgage
$2,000,000
Outstanding Balance
$1,963,383
Interest Rate
6.71%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,371,383

Purchase Details

Closed on
Mar 16, 2022
Sold by
I & G Developers Group Llc
Bought by
Hill Wade R and Hill Barbara S
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nmotion Equestrian Llc $445,000 Oxford Title
Hill Wade R $361,200 Pullum & Pullum Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nmotion Equestrian Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $445,000 -8.2% --
06/07/2023 06/07/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $485,000 0.0% --
05/23/2023 05/23/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $485,000 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $57 $329,267 $329,198 $69
2022 $57 $2,658 $0 $0
2021 $58 $2,597 $2,528 $69
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM655323

Stellar MLS

APN: 4764-044-000