NOT LISTED FOR SALE

10889 SE 108th Terrace Rd Belleview, FL 34420

Estimated Value: $480,000 - $795,829

3 Beds
2 Baths
2,235 Sq Ft
$272/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $725,000 $324 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $3,570/month

73 Days on Market

Highlights

  • 406 Feet of Waterfront
  • Barn
  • 27.12 Acre Lot
  • Dock Does Not Have A Water Supply
  • Lake View
  • Open Floorplan

About This Home

As of June 2021

For those who want to enjoy the peace and quiet of the country, yet only minutes to the comforts of the city ~ This 3/2 ranch style home is located on 27+ beautiful acres on a small lake that is perfect for canoes, airboats, kayaks and more! The views from your dock are serene, peaceful and filled with wildlife such as ducks, cranes, egrets and more. This is a perfect set up for anyone with horses and cattle, or need room for your RV, motorhome, trailers or equipment. Main home has 2235 SF, open floor plan, large Great room/Kitchen/Dining combo, separate, large family room/game room, great views from the large Master Bedroom, inside laundry/mud room. Property includes wooden 30X86 five stall barn, three paddocks with water, 15X45 Equipment/Pole barn, and great views of the lake. If you want to get away from it all, enjoy boating and fishing, a family compound or retreat, livestock, a working farm, or garden ~ THIS IS THE PLACE TO CALL HOME! Additional 12 oak studded acres available to purchase if desired. Sunshine, pastures, privacy and waterfront in beautiful Central Florida only an hour to Orlando International Airport. Come take a look!

Last Agent to Sell the Property

Sherri Meadows

MEADOWS REALTY, LLC License #349235 Listed on: 01/26/2021

Last Buyer's Agent

Ron Bailey

EXP REALTY LLC License #3494581

EXP REALTY LLC

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,648

Year Built

  • Built in 1978

Lot Details

  • 27.12 Acre Lot
  • Lot Dimensions are 406x2500
  • 406 Feet of Waterfront
  • Lake Front
  • North Facing Home
  • Wood Fence
  • Board Fence
  • Mature Landscaping
  • Property is zoned A1

Parking

  • Driveway

Home Design

  • Farm
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,235 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Inside Utility
  • Laundry Room
  • Lake Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Access To Lake
  • Dock Does Not Have A Water Supply
  • Dock Has No Access To Electricity
  • Dock made with wood
  • Covered Patio or Porch
  • Shed

Farming

  • Barn

Horse Facilities and Amenities

  • Zoned For Horses
  • Paddocks: 3
  • Shed Row

Utilities

  • Central Air
  • Heating Available
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Eden Garden Acres Subdivision

Listing and Financial Details

Property Details

Property Type

Other

Est. Annual Taxes

$4,648

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Farm
  • Architectural Style: Ranch
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 2235
  • Lot Size Acres: 27.12
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 2575
  • Lot Size Sq Ft: 1181347
  • Directions to Property: From Ocala travel East on Hwy 464 past Lake Weir High School, Right at light/108th Terrace Road, then go 6/10 mi, turn left at KW Cornerstone Realty sign , follow directional signs with arrows and veer right, then follow to gate at end of Lane! Long winding, private driveway to house.
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM614387?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM614387?w=Customer
  • Homestead Y N: No
  • Total Acreage: 20 to less than 50
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.21035
  • Price per Sq Ft: 324.38
  • Close to Original List Price Ratio: 1.1171
  • Ratio: Current Price\Building Area Total: 281.55
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Stone Counters
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 10889
  • Room Count: 3
  • Additional Rooms: Family Room, Great Room, Inside Utility

Exterior Features

  • Direction Faces: North
  • Other Structures: Barn(s), Shed(s)
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Rear Porch
  • Road Surface Type: Other, Paved
  • Water View: Lake
  • Water Access: Lake
  • Water Extras: Dock - Wood, Dock w/o Electric, Dock w/o Water Supply
  • Water View Y N: Yes
  • Number Of Wells: 1
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 406
  • Water Frontage Feet Lake: 406

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security System
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: A1
  • Parcel Number: 3760-027-000
  • Additional Parcels: No
  • Current Use: Cattle
  • Fencing: Board, Wood
  • Lot Features: In County, Zoned for Horses
  • Lot Dimensions: 406x2500
  • Horse Amenities: Equipment, Shed-Row
  • Flood Zone Code: X,A
  • Zoning Compatible Y N: Yes
  • Number Of Paddocks Pastures: 3

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 4647.69
  • Tax Block: 0
  • Tax Book Number: UNR
  • Tax Lot: 27

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2021
Sold by
Torlone Jennifer S
Bought by
Walker James L and Walker Patricia S
Current Estimated Value
$606,957

Purchase Details

Listed on
Jan 26, 2021
Closed on
Jun 3, 2021
Sold by
Hibbits William
Bought by
Torlone Jennifer S
Seller's Agent
Sherri Meadows
MEADOWS REALTY, LLC
Buyer's Agent
Ron Bailey
EXP REALTY LLC
List Price
$649,000
Sold Price
$725,000
Premium/Discount to List
$76,000
11.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.96%
Original Mortgage
$31,750
Outstanding Balance
$26,153
Interest Rate
2.27%
Mortgage Type
New Conventional
Estimated Equity
$580,804

Purchase Details

Listed on
Jan 26, 2021
Closed on
Apr 15, 2021
Sold by
Hibbits Development Llc
Bought by
Hibbits William
Seller's Agent
Sherri Meadows
MEADOWS REALTY, LLC
Buyer's Agent
Ron Bailey
EXP REALTY LLC
List Price
$649,000
Sold Price
$725,000
Premium/Discount to List
$76,000
11.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,750
Outstanding Balance
$26,153
Interest Rate
2.27%
Mortgage Type
New Conventional
Estimated Equity
$580,804

Purchase Details

Closed on
Jul 29, 2019
Sold by
Stafford Gregory
Bought by
Hibbits Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.8%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 8, 2005
Sold by
Cooper Canute
Bought by
Stafford Gregory
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
Walker James L -- None Available
Torlone Jennifer S $725,000 Oxford Title Agency Llc
Hibbits William $390,000 Brick City Ttl Ins Agcy Inc
Hibbits Development Llc $450,000 Brick City Ttl Ins Agcy Inc
Stafford Gregory $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torlone Jennifer S $31,750
Open Torlone Jennifer S $548,250
Previous Owner Hibbits Development Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2021 06/03/21 Sold $725,000 +21.0% $324 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
03/17/2021 03/17/21 Price Changed $599,000 -7.7% $268 / Sq Ft
01/26/2021 01/26/21 For Sale $649,000 -- $290 / 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 $4,638 $277,574 -- --
2023 $4,536 $268,576 $0 $0
2022 $4,161 $243,922 $0 $0
2021 $4,860 $275,847 $126,002 $149,845
2020 $4,648 $260,915 $126,002 $134,913
2019 $2,596 $137,569 $17,794 $119,775
2018 $2,337 $127,200 $17,735 $109,465
2017 $2,230 $120,149 $16,730 $103,419
2016 $2,207 $117,018 $0 $0
2015 $2,150 $111,940 $0 $0
2014 $1,969 $106,504 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sherri Meadows

    Seller's Agent in 2021

    Sherri Meadows

    MEADOWS REALTY, LLC

    (352) 598-6400

    2 in this area

    77 Total Sales

    Sherri Meadows
    Section Image
  • Ron Bailey

    Buyer's Agent in 2021

    Ron Bailey

    EXP REALTY LLC

    (352) 307-2925

    74 in this area

    195 Total Sales

    Ron Bailey
    Section Image
  • Sharon Bassett

    Buyer Co-Listing Agent in 2021

    Sharon Bassett

    BASSETT PREMIER REALTY INC

    (352) 602-0520

    13 in this area

    281 Total Sales

    Sharon Bassett
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM614387

Stellar MLS

APN: 3760-027-000

Florida Marion County Belleview 34420

10889 SE 108th Terrace Rd, Belleview, FL

This home is located at 10889 SE 108th Terrace Rd, Belleview, FL 34420 since 26 January 2021 and is currently estimated at $606,957, approximately $271 per square foot. This property was built in 1978. 10889 SE 108th Terrace Rd is a home located in Marion County with nearby schools including Emerald Shores Elementary School, Lake Weir Middle School, and Lake Weir High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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