NOT LISTED FOR SALE

14697 S Highway 475 Summerfield, FL 34491

Estimated Value: $181,000 - $195,000

2 Beds
1 Bath
926 Sq Ft
$202/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $192,000 $207 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,180/month

61 Days on Market

Highlights

  • Oak Trees
  • Deck
  • Wood Flooring
  • 1 Acre Lot
  • Ranch Style House
  • No HOA

About This Home

As of May 2023

This charming 2/1 farmhouse is conveniently located on scenic Highway 475 close to the Florida Horse Park between Ocala and The Villages in beautiful Summerfield, Florida. Located just minutes from Interstate-75, this 1960's cottage sits on one acre of AG-1 zoned property with a detached workshop containing a finished storage area that can also be used as an office. Upgrades include attic insulation and ductwork that was removed and replaced in 2021; 2014 metal roof; and 2019 HVAC. Short drive to the World Equestrian Center and HITS. The home is under a termite bond and there is NO HOA, store your RV and boat in your back yard. You will enjoy the sunrise on a magnificent back porch and sunset from the front lawn. Don't let this property slip through your fingers! Owner is a licensed Florida Realtor.

Last Agent to Sell the Property

Kenneth Wilson

NEXTHOME SALLY LOVE REAL ESTATE License #3508652 Listed on: 01/28/2023

NEXTHOME SALLY LOVE REAL ESTATE

Last Buyer's Agent

Kenneth Wilson

NEXTHOME SALLY LOVE REAL ESTATE License #3508652 Listed on: 01/28/2023

NEXTHOME SALLY LOVE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $658

Year Built

  • Built in 1960

Lot Details

  • 1 Acre Lot
  • West Facing Home
  • Fenced
  • Mature Landscaping
  • Oak Trees
  • Property is zoned A1

Parking

  • 2 Carport Spaces

Home Design

  • Ranch Style House
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Metal Roof
  • Metal Siding
  • HardiePlank Type

Interior Spaces

  • 926 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Private Mailbox

Schools

  • Sunrise Elementary School
  • Belleview Middle School
  • Belleview High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Heat Pump System
  • Thermostat
  • 1 Water Well
  • Electric Water Heater
  • Water Softener
  • 1 Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Pasture
  • Zoned For Horses

Community Details

  • No Home Owners Association
  • Cr 475/S Magnolia Ave S Of 80 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$658

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: HardiPlank Type, Metal Siding, Wood Frame
  • Fireplace: No
  • Living Area: 926
  • Lot Size Acres: 1
  • New Construction: No
  • Year Built: 1960
  • Building Area Total: 926
  • Number Of Lots: 1
  • Directions to Property: From I75, drive East on SR484 approx. 3 miles. Turn right on Hwy. 475, heading south, the property is located approx. 1.2 miles on the left. Use the driveway located North of the home.
  • Status: Sold
  • Street Direction: S
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Wildwood
  • Escrow Postal Code: 34785
  • Escrow State: FL
  • Escrow Street Name: Lee Street
  • Escrow Street Number: 607
  • List Office Head Office Key Nume: 528705285
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 207.34
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 0
  • AG Exemption YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Master Bedroom Main Floor, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator, Washer, Water Softener
  • Foundation Details: Crawlspace, Pillar/Post/Pier
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Window Features: Aluminum Frames, Blinds
  • Street Number Modifier: 14697
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 86.03
  • Room Count: 9

Exterior Features

  • Direction Faces: West
  • Other Structures: Storage, Workshop
  • Exterior Features: Private Mailbox, Storage
  • Roof: Metal, Roof Over
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Rear Porch
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2008-08-28
  • Flood Zone Panel: 12083C0740D

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Private, Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Condo Land Included YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Sunrise Elementary School-M
  • High School: Belleview High School
  • Middle Or Junior School: Belleview Middle School

Lot Info

  • Zoning: A1
  • Parcel Number: 41873-001-00
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: In County, Landscaped, Pasture, Paved, Zoned for Horses
  • Horse Amenities: None
  • Flood Zone Code: X
  • Homestead YN: 1
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 658
  • Tax Block: 00
  • Tax Book Number: 00
  • Tax Lot: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2023
Closed on
May 8, 2023
Sold by
Wilson Kenneth J and Wilson Teri
Bought by
Gibbons Terrence L and Gibbons Kathryn M
Seller's Agent
Kenneth Wilson
NEXTHOME SALLY LOVE REAL ESTATE
Buyer's Agent
Kenneth Wilson
NEXTHOME SALLY LOVE REAL ESTATE
List Price
$265,000
Sold Price
$192,000
Premium/Discount to List
-$73,000
-27.55%
Views
19
Current Estimated Value
$187,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,707
Avg. Annual Appreciation
-1.02%
Original Mortgage
$144,000
Outstanding Balance
$139,945
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$47,348

Purchase Details

Closed on
Dec 7, 2009
Sold by
Wilson Kenneth J and Wilson Crystal A
Bought by
Wilson Kenneth J

Purchase Details

Closed on
Aug 24, 2005
Sold by
Appel Stephen W
Bought by
Wilson Kenneth J and Wilson Crystal A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,744
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 7, 2005
Sold by
Appel Stephen W
Bought by
Appel Stephen W

Purchase Details

Closed on
Mar 17, 2005
Sold by
Sanderson Marion and Sanderson Wanda
Bought by
Appel Stephen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2001
Sold by
Tinder Leland D
Bought by
Sanderson Marion and Sanderson Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,250
Interest Rate
6.72%
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
Gibbons Terrence L $192,000 None Listed On Document
Wilson Kenneth J -- Attorney
Wilson Kenneth J $84,700 All American Land Title Insu
Appel Stephen W -- --
Appel Stephen W $71,000 Affiliated Title Of Marion C
Sanderson Marion $55,000 Advance Homestead Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbons Terrence L $144,000
Previous Owner Wilson Kenneth J $67,744
Previous Owner Appel Stephen W $51,000
Previous Owner Sanderson Marion $52,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2023 05/08/23 Sold $192,000 -1.0% $207 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/28/2023 03/28/23 Price Changed $194,000 -21.5% $210 / Sq Ft
02/20/2023 02/20/23 Price Changed $247,000 -6.8% $267 / Sq Ft
01/28/2023 01/28/23 For Sale $265,000 -- $286 / 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 $2,200 $121,093 $61,200 $59,893
2023 $1,567 $80,392 $41,310 $39,082
2022 $658 $47,506 $0 $0
2021 $648 $46,122 $0 $0
2020 $640 $45,485 $0 $0
2019 $626 $44,462 $0 $0
2018 $595 $43,633 $0 $0
2017 $582 $42,736 $0 $0
2016 $550 $41,857 $0 $0
2015 $543 $41,566 $0 $0
2014 $524 $41,236 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM652030

Stellar MLS

APN: 41873-001-00