NOT LISTED FOR SALE

1001 W Highway 316 Citra, FL 32113

Estimated Value: $1,091,000 - $2,973,938

3 Beds
3.5 Baths
2,890 Sq Ft
$703/Sq Ft Est. Value

Last Sold November 15, 2022

Last sale price $3,000,000 $1,038 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $12,358/month

358 Days on Market

Highlights

  • Additional Residence on Property
  • View of Trees or Woods
  • Wooded Lot
  • Arena
  • 137 Acre Lot
  • Cathedral Ceiling

About This Home

As of November 2022

Making its debut on the market is the renowned Stanley G. White's Grandeur Arabians. It's a beautifully maintained and delightfully landscaped 137 acres, conveniently located to Ocala, Gainesville, and just 10 minutes to the Ocala Jockey Club! This sprawling farm includes multiple paddocks, 8 miles of board fencing, a ~40 acre hay field, lush green grass, and approximately a half mile of road frontage. This property is HIGH AND DRY! with both rolling hills and flatlands, and provides great footing throughout for any and every discipline. Featured is a center-aisle training barn and center-aisle breeding barn for a total of 82 stalls, and features an office, 3 bathrooms, feed rooms, and tack rooms, and 6 wash racks; there is a covered arena between the two barns creating an "H" shaped multi-purpose facility. It is an ideal setup for training, events, sales, entertaining, festivals, and more. There are covered round pens on each side of the facility as well as hot walkers. The main home, guest home, both barns, and both round pens were re-roofed June 2021. The 3 BR/1.5 BA guest home was fully renovated in 2017, and new a/c was installed in both it and the main home at that time.

Last Agent to Sell the Property

Matt Varney

OCALA HORSE PROPERTIES, LLC License #3283666 Listed on: 09/09/2021

Last Buyer's Agent

DEE BECK

GOLDEN OCALA REAL ESTATE INC License #3056640

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,932

Year Built

  • Built in 1982

Lot Details

  • 137 Acre Lot
  • South Facing Home
  • Kennel or Dog Run
  • Board Fence
  • Wire Fence
  • Mature Landscaping
  • Cleared Lot
  • Wooded Lot
  • Landscaped with Trees
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned A1

Parking

  • 3 Car Attached Garage

Home Design

  • Farm
  • Stem Wall Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,890 Sq Ft Home
  • Crown Molding
  • Cathedral Ceiling
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Carpet
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed
  • Rain Gutters

Additional Homes

  • Additional Residence on Property

Farming

  • Center Aisle Barn
  • Barn Office
  • Horse or Livestock Barn
  • Feed Room
  • Pasture

Horse Facilities and Amenities

  • Wash Rack
  • Zoned For Horses
  • Tack Room
  • Round Pen
  • Arena

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Well
  • Electric Water Heater
  • Septic Tank
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

Property Details

Property Type

Other

Est. Annual Taxes

$10,932

Year Built

Built in 1982

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Farm
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2890
  • Lot Size Acres: 137
  • New Construction: No
  • Year Built: 1982
  • Lot Size Sq Ft: 5967720
  • Number Of Lots: 2
  • Directions to Property: 441 North; right on Hwy 316; farm on left
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM626708?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM626708?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 100 to less than 200
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.75094
  • Price per Sq Ft: 1038.06
  • Close to Original List Price Ratio: 0.75094
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Thermostat, Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 1001
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Barn Office, Horse Barn, Additional Single Family Home, Barn(s), Kennel/Dog Run, Shed(s), Storage, Workshop
  • Exterior Features: Fenced, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12083C0310D

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Phone Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: A1
  • Parcel Number: 07614-000-00
  • Additional Parcels Description: 07614-001-02
  • Additional Parcels: Yes
  • Current Use: Horses
  • Fencing: Board, Wire
  • Lot Features: Cleared, In County, Pasture, Zoned for Horses
  • Horse Amenities: Center Aisle, Feed Room, Hot Water, Tack Room, Wash Rack, Arena, Round Pen
  • Flood Zone Code: X
  • Flood Zone Date: 2008-08-28
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 10932
  • Tax Block: NONE
  • Tax Book Number: NONE
  • Tax Lot: NONE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2024
Sold by
Ofarrell Michael L
Bought by
Crystallo Inc Llc
Current Estimated Value
$2,032,469

Purchase Details

Closed on
Dec 20, 2023
Sold by
Golden Ocala Equestrian Land L L C
Bought by
Marion County State Bank

Purchase Details

Listed on
Sep 9, 2021
Closed on
Nov 15, 2022
Sold by
Stanley G White G and Stanley Katherine B
Bought by
Golden Ocala Equestrian Land Llc
Seller's Agent
Matt Varney
OCALA HORSE PROPERTIES, LLC
Buyer's Agent
DEE BECK
GOLDEN OCALA REAL ESTATE INC
List Price
$3,995,000
Sold Price
$3,000,000
Premium/Discount to List
-$995,000
-24.91%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.81%

Purchase Details

Closed on
Apr 1, 2017
Bought by
White Katherine B Tr

Purchase Details

Closed on
Aug 11, 2014
Sold by
White Stanley G and White Katherine B
Bought by
White Stanley G and Livi Katherine B White
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
Crystallo Inc Llc $4,800 Nationwide Title Group
Crystallo Inc Llc $4,800 Nationwide Title Group
Marion County State Bank -- None Listed On Document
Marion County State Bank -- None Listed On Document
Golden Ocala Equestrian Land Llc $3,000,000 Assured Title Services
White Katherine B Tr $100 --
White Stanley G -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2022 11/15/22 Sold $3,000,000 -24.9% $1,038 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
09/09/2021 09/09/21 For Sale $3,995,000 -- $1,382 / Sq Ft
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
2024 -- $2,820,627 $1,739,430 $1,081,197
2023 $18,364 $1,088,266 $0 $0
2022 $11,163 $667,087 $0 $0
2021 $10,971 $634,060 $0 $0
2020 $10,932 $627,077 $0 $0
2019 $10,871 $619,553 $0 $0
2018 $9,716 $579,028 $0 $0
2017 $9,496 $563,401 $0 $563,401
2016 $9,555 $556,339 $0 $0
2015 $9,612 $551,001 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM626708

Stellar MLS

APN: 07614-000-00