NOT LISTED FOR SALE

12550 E Highway 25 Ocklawaha, FL 32179

Estimated Value: $391,000 - $746,000

9 Beds
6 Baths
3,766 Sq Ft
$154/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $648,000 $172 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $3,628/month

175 Days on Market

Highlights

  • 110 Feet of Waterfront
  • Guest House
  • 0.94 Acre Lot
  • Community Boat Slip
  • Lake View
  • Main Floor Primary Bedroom

About This Home

As of November 2020

Beautiful Compound. Main home facing beautiful Lake Weir. Tall ceilings with tile throughout. Three bedrooms and three baths plus an open floor plan for living, dining and kitchen. Ample storage throughout and additional attic space. Lovely screened porch to enjoy the lake view. Three additional guest cottages. Each two bedroom, one bath with living, kitchen and screened porch. The property would make a good vacation rental.

Last Agent to Sell the Property

Rich Schleicher

License #3087431 Listed on: 03/09/2020

Last Buyer's Agent

MICHAEL VANEK, P.A.

FLORIDA HOMES REALTY & MORTGAGE License #3405182

FLORIDA HOMES REALTY & MORTGAGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,312

Year Built

  • Built in 1938

Lot Details

  • 0.94 Acre Lot
  • Lot Dimensions are 110 x 372
  • 110 Feet of Waterfront
  • Lake Front
  • South Facing Home
  • Masonry wall
  • Wood Fence
  • Landscaped with Trees
  • 5 Lots in the community
  • Additional Parcels
  • Condo Land Included
  • Property is zoned R3

Parking

  • 2 Car Garage
  • Oversized Parking
  • Driveway

Home Design

  • Bungalow
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,766 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Tile Flooring
  • Lake Views
  • Crawl Space
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 6 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Water Skiing Allowed
  • Open Dock
  • Screened Patio
  • Outdoor Storage

Additional Homes

  • Guest House

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating Available
  • Well
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Lakeside Resort A Condo Subdivision

Recreation

  • Community Boat Slip

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,312

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3766
  • Lot Size Acres: 0.94
  • New Construction: No
  • Year Built: 1938
  • Lot Size Sq Ft: 40946
  • Number Of Lots: 5
  • Directions to Property: SE Maricamp Road to CR 25. Turn Right on CR 25 to address on left (12550 E HWY 25) Gated. Appointment and List Agent must be present for all showings.
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM601252?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM601252?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.92638
  • Price per Sq Ft: 172.07
  • Close to Original List Price Ratio: 0.89379
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 6
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Master Bedroom Main Floor, Split Bedroom, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace, Slab
  • Total Bedrooms: 9
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 12550
  • Room Count: 3
  • Additional Rooms: Attic
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Guest House
  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Lake Weir
  • Waterfront: Yes
  • Patio and Porch Features: Screened
  • Road Surface Type: Concrete, Paved
  • Water View: Lake
  • Water Access: Lake
  • Water Extras: Dock - Open, Skiing Allowed
  • Water View Y N: Yes
  • Number Of Wells: 1
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12083C0765D
  • Waterfront Frontage: 110
  • Water Frontage Feet Lake: 110
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 2
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Boat Slip
  • Association: No
  • Senior Community: No
  • Condo Land Included Y N: Yes
  • Association Approval Required YN: No

Lot Info

  • Zoning: R3
  • Parcel Number: 49057-000-00
  • Additional Parcels Description: 49057-000-01,02,03,04
  • Additional Parcels: Yes
  • Fencing: Masonry, Wood
  • Lot Dimensions: 110 x 372
  • Flood Zone Code: AE
  • Flood Zone Date: 2008-08-28
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 5312.04
  • Tax Block: 0
  • Tax Book Number: A-187
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Nov 13, 2020
Sold by
Lake Weir Investments Llc
Bought by
Cumbus Rodney and Cumbus Krystal
Seller's Agent
Rich Schleicher
Buyer's Agent
MICHAEL VANEK, P.A.
FLORIDA HOMES REALTY & MORTGAGE
List Price
$725,000
Sold Price
$648,000
Premium/Discount to List
-$77,000
-10.62%
Current Estimated Value
$581,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,907
Avg. Annual Appreciation
-2.18%
Original Mortgage
$518,400
Outstanding Balance
$480,799
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$100,294

Purchase Details

Closed on
Jun 2, 2016
Sold by
Crews Michael R and Crews Amy T
Bought by
Lake Weir Investments Llc

Purchase Details

Closed on
Apr 29, 2011
Sold by
Gateway Bank Of Central Florida
Bought by
Crews Michael B and Crews Amy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2011
Sold by
Lakeside Group Llc
Bought by
Gateway Bank Of Central Florida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Cumbus Rodney $648,000 Attorney
Lake Weir Investments Llc $605,000 None Available
Crews Michael B $550,000 None Available
Gateway Bank Of Central Florida $746,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cumbus Rodney $518,400
Previous Owner Crews Michael B $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $648,000 -7.4% $172 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
06/15/2020 06/15/20 Price Changed $699,500 -3.5% $186 / Sq Ft
03/05/2020 03/05/20 For Sale $725,000 -- $193 / 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 -- $262,887 $253,205 $9,682
2023 -- $258,024 -- --
2022 $0 $234,567 $0 $0
2021 $0 $213,243 $203,471 $9,772
2020 $0 $213,274 $203,471 $9,803
2019 $0 $231,390 $221,557 $9,833
2018 $0 $217,855 $207,992 $9,863
2017 $0 $217,886 $207,992 $9,894
2016 $0 $182,372 $0 $0
2015 -- $174,564 $0 $0
2014 -- $174,595 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Rich Schleicher

  • MICHAEL VANEK, P.A.

    Buyer's Agent in 2020

    MICHAEL VANEK, P.A.

    FLORIDA HOMES REALTY & MORTGAGE

    (352) 361-8065

    1 in this area

    71 Total Sales

    MICHAEL VANEK, P.A.
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Map

Source: Stellar MLS

MLS Number: OM601252

Stellar MLS

APN: 49057-000-00

Florida Marion County Ocklawaha 32179

12550 E Highway 25, Ocklawaha, FL

This home is located at 12550 E Highway 25, Ocklawaha, FL 32179 since 09 March 2020 and is currently estimated at $581,093, approximately $154 per square foot. This property was built in 1938. 12550 E Highway 25 is a home located in Marion County with nearby schools including Stanton-Weirsdale 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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