NOT LISTED FOR SALE

11050 SW 140th Ave Dunnellon, FL 34432

Estimated Value: $494,000 - $1,548,358

5 Beds
5 Baths
3,944 Sq Ft
$262/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $1,100,000 $279 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $6,375/month

16 Days on Market

Highlights

  • Additional Residence on Property
  • Oak Trees
  • View of Trees or Woods
  • Stables
  • Screened Pool
  • 39.55 Acre Lot

About This Home

As of April 2022

Fantastic & turn-key 39.55 acre working horse farm conveniently located less than a 15 min. drive to the World Equestrian Center! Enjoy the peaceful views of the Granddaddy Oaks & grass riding field from the main house which boasts 3 bedrooms/ 2 bathrooms & was completely renovated/updated in 2019. It has a private separate entrance & a 2019 screened-in pool/ spa & oversized attached 2 car garage. The guest house is a newer 2 bed/ 2 bath upgraded mobile home with carport & attached storage shed. There are a total of 16 stalls in 2 barns all with 12' x 14' & larger, over-sized stalls. The main barn has a separate entrance & is concrete block. It has 8 stalls, tack room with full bathroom, lounge/office, feed room & wash rack. The property also has 18 paddocks with water, a grass riding field, a 6 horse Equicisor/walker, 60' round pen, shavings barn, dog kennel, 5, 30-amp RV hook ups, 2 solar gated entrances, 3 wells & so much more! See attached Property Features List to see all this horse farm has to offer!

Last Agent to Sell the Property

Katie Moon

GOLDEN OCALA REAL ESTATE INC License #3306468 Listed on: 01/22/2022

Last Buyer's Agent

John Silva

JOHN SILVA REALTY & ASSOCIATES License #3207318

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,489

Year Built

  • Built in 1972

Lot Details

  • 39.55 Acre Lot
  • Lot Dimensions are 660x2610
  • East Facing Home
  • Dog Run
  • Board Fence
  • Mature Landscaping
  • Cleared Lot
  • Oak Trees
  • Land Lease expires 3/31/22
  • Property is zoned A1

Parking

  • 2 Car Attached Garage
  • 1 Carport Space

Property Views

  • Woods
  • Pool

Home Design

  • Farm
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,944 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Tile Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Enclosed Patio or Porch
  • Pole Barn

Additional Homes

  • Additional Residence on Property

Farming

  • Center Aisle Barn
  • Barn Office
  • Horse or Livestock Barn
  • Feed Room
  • Fly Spray System

Horse Facilities and Amenities

  • Eurocizer
  • Wash Rack
  • Corral
  • Paddocks: 18
  • Tack Room
  • Round Pen
  • Stables

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

Property Details

Property Type

Other

Est. Annual Taxes

$2,489

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Farm
  • Architectural Style: Ranch
  • Construction Materials: Brick
  • Fireplace: No
  • Living Area: 3944
  • Lot Size Acres: 39.55
  • New Construction: No
  • Year Built: 1972
  • Lot Size Sq Ft: 1722798
  • Number Of Lots: 1
  • Directions to Property: From the World Equestrian Center in Ocala, go West on Hwy 40 and then left (South) on 140th. The property is on the West side of 140th.
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM633088?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM633088?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 20 to less than 50
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.91667
  • Price per Sq Ft: 278.9
  • Close to Original List Price Ratio: 0.91667
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 5
  • Interior Amenities: Master Bedroom Main Floor, Open Floorplan
  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Street Number Modifier: 11050
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Other Structures: Barn Office, Horse Barn, Pole Barn, Additional Single Family Home, Barn(s), Corral(s), Guest House, Kennel/Dog Run
  • Pool Features: In Ground, Screen Enclosure
  • Exterior Features: Dog Run, Fenced
  • Roof: Shingle
  • Pool Private: Yes
  • View: Pool, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Patio, Screened
  • Road Surface Type: Other
  • Water View Y N: No
  • Number Of Wells: 3
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 2
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Lot Info

  • Zoning: A1
  • Parcel Number: 34899-008-01
  • Additional Parcels: No
  • Current Use: Horses
  • Fencing: Board
  • Lot Features: Cleared
  • Lot Dimensions: 660x2610
  • Horse Amenities: Center Aisle, Feed Room, Fly Spray System, Hot Water, Tack Room, Wash Rack, Eurocizer, Round Pen, Stable(s)
  • Flood Zone Code: X, AE
  • Number Of Paddocks Pastures: 18
  • Land Lease Expiration Date: 2022-03-31

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Month To Month Or Weekly Y N: No

Tax Info

  • Tax Annual Amount: 2488.81
  • Tax Block: 9
  • Tax Book Number: 1
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2022
Closed on
Apr 1, 2022
Sold by
Bork Lisa K
Bought by
Capital Equine Llc
Seller's Agent
Katie Moon
GOLDEN OCALA REAL ESTATE INC
Buyer's Agent
John Silva
JOHN SILVA REALTY & ASSOCIATES
List Price
$1,200,000
Sold Price
$1,100,000
Premium/Discount to List
-$100,000
-8.33%
Current Estimated Value
$1,031,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$68,547
Avg. Annual Appreciation
-1.84%

Purchase Details

Listed on
Aug 3, 2018
Closed on
Oct 24, 2018
Sold by
Tonn Patricia J
Bought by
Bork Lisa K
Seller's Agent
Van Akin
AKIN REALTY COMPANY
List Price
$440,000
Sold Price
$440,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.52%
Original Mortgage
$435,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2017
Sold by
Tonn Patricia J
Bought by
Engle Marcus J and Tonn Patricia J
Source: Public Records

Range of Values:

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Average Value
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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
Capital Equine Llc $1,100,000 Assured Title Services
Bork Lisa K $440,000 Ocala Land Title Ins Agency
Tonn Patricia J -- Ocala Land Title Ins Agcy Lt
Engle Marcus J -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meier Robert $500,000
Previous Owner Bork Lisa K $435,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $1,100,000 -8.3% $279 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
01/22/2022 01/22/22 For Sale $1,200,000 +172.7% $304 / Sq Ft
10/24/2018 10/24/18 Sold $440,000 0.0% $268 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $440,000 -- $268 / 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 $11,130 $670,808 -- --
2023 $11,130 $639,795 $0 $0
2022 $2,640 $178,402 $0 $0
2021 $2,489 $164,203 $0 $0
2020 $2,372 $161,367 $0 $0
2019 $2,076 $142,188 $0 $0
2018 $1,739 $127,100 $0 $0
2017 $2,573 $139,410 $23,792 $115,618
2016 $2,636 $138,720 $0 $0
2015 $2,515 $129,180 $0 $0
2014 $2,248 $119,307 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM633088

Stellar MLS

APN: 34899-008-01