NOT LISTED FOR SALE

Estimated Value: $468,000 - $3,230,319

3 Beds
2 Baths
1,822 Sq Ft
$1,049/Sq Ft Est. Value

Last Sold July 13, 2016

Last sale price $1,175,000 $645 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $10,822/month

295 Days on Market

Highlights

  • 10 Paddocks and Pastures
  • Barn
  • No HOA
  • 78 Horse Stalls
  • 79 Acre Lot
  • Pasture

About This Home

As of July 2016

79 Acre 73 Stalls 3/4 Track, 1800 Sq Ft Office, Equipment Shed. Electric Gate Entry, 16 Paddocks, Numerous Feed,Tack, and Hayrooms. 3 Full Baths, 3 1/2 Baths and Much Much More. Make Appointment.

Last Agent to Sell the Property

Linda Varner

OCALA HOMES AND FARMS License #0562048 Listed on: 08/24/2015

Last Buyer's Agent

Linda Varner

OCALA HOMES AND FARMS License #0562048 Listed on: 08/24/2015

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,880

Year Built

  • Built in 1971

Lot Details

  • 79 Acre Lot
  • Wood Fence
  • Irrigation
  • Cleared Lot
  • Property is zoned A-1 General Agriculture

Home Design

  • Farm
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,822 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • 10 Paddocks and Pastures
  • Horse Property

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Eurocizer
  • Starting Gate
  • 78 Horse Stalls
  • 3/8 to 1/2 Mile Equestrian Track
  • Horse Track
  • Turf Track
  • Track Access

Utilities

  • Central Air
  • Heating Available
  • 4 Water Wells
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2,266 Sq Ft Building

Listing and Financial Details

  • Property Available on 8/24/15
  • Assessor Parcel Number 20959-012-00

Property Details

Property Type

Other

Est. Annual Taxes

$5,880

Year Built

Built in 1971

Lot Details

79 Acres

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Farm
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1822
  • Lot Size Acres: 79
  • New Construction: No
  • Year Built: 1971
  • Building Area Total: 2266
  • Lot Size Sq Ft: 3453872
  • Status: Sold
  • Street Direction: NW
  • RATIO Current Price By Calculate: 644.90
  • Total Acreage: 50 to less than 100
  • Water Access YN: 0
  • Barn Features: Barn Apartment,Feed Room,Horse Barn,Tack Room,Washrack
  • Number Of Paddocks Pastures: 10
  • Number Of Stalls: 78
  • Last Date Available: 2016-08-30T00:00:00.000
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Appliances Included: Other, Refrigerator
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1

Exterior Features

  • Other Structures: Barn(s)
  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • Water View YN: 0
  • Farm Type: Horse

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Other

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Septic Tank
  • Water Source: Well
  • Number of Wells: 4

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: A-1 General Agriculture
  • Parcel Number: 20959-012-00
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Features: Cleared, Pasture, Paved
  • Horse Amenities: Track - 3/8 to 1/2 Mile, Eurocizer, Hot Water, Starting Gate, Horse Track, Track Access, Turf Track

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2015-08-24
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 5880.11

Multi Family

  • Total Num Buildings: 4
  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2017
Sold by
Reyes Raul and Reyes Martha
Bought by
7 Kings Llc
Current Estimated Value
$1,912,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,350,000
Outstanding Balance
$2,775,987
Interest Rate
4.23%
Mortgage Type
Commercial
Estimated Equity
-$863,881

Purchase Details

Listed on
Aug 24, 2015
Closed on
Jul 8, 2016
Sold by
Gilbertson Ryan R
Bought by
Reyes Raul and Reyes Martha
Seller's Agent
Linda Varner
OCALA HOMES AND FARMS
Buyer's Agent
Linda Varner
OCALA HOMES AND FARMS
List Price
$2,099,000
Sold Price
$1,175,000
Premium/Discount to List
-$924,000
-44.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%
Original Mortgage
$775,000
Interest Rate
3.66%
Mortgage Type
Balloon

Purchase Details

Closed on
May 25, 2012
Sold by
Atlas Fl I Spe Llc
Bought by
Gilbertson Ryan R

Purchase Details

Closed on
Mar 9, 2012
Sold by
Shultz Richard L
Bought by
Atlas Fl I Spe Llc

Purchase Details

Closed on
Jul 1, 2005
Sold by
Farnsworth Farms Inc
Bought by
Shultz Richard
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
7 Kings Llc -- Attorney
Reyes Raul $1,175,000 Advantage Title Llc
Gilbertson Ryan R $725,000 Attorney
Atlas Fl I Spe Llc -- None Available
Shultz Richard $3,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7 Kings Llc $3,350,000
Previous Owner Reyes Raul $775,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2016 07/13/16 Sold $1,175,000 -44.0% $645 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
08/24/2015 08/24/15 For Sale $2,099,000 -- $1,152 / Sq Ft
Source: Stellar MLS

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
2025 $10,481 $585,538 -- --
2024 $10,092 $577,411 -- --
2023 $9,511 $535,827 $0 $0
2022 $9,233 $515,306 $0 $0
2021 $9,057 $487,277 $24,442 $462,835
2020 $9,356 $501,610 $33,507 $468,103
2019 $9,233 $488,872 $30,782 $458,090
2018 $8,121 $455,664 $28,966 $426,698
2017 $8,084 $452,000 $24,463 $427,537
2016 $7,248 $396,245 $0 $0
2015 $7,397 $397,500 $0 $0
2014 $6,655 $372,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM430591

Stellar MLS

APN: 20959-012-00

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