NOT LISTED FOR SALE

15 W Oak St Arcadia, FL 34266

Estimated Value: $671,316

3 Beds
3 Baths
6,917 Sq Ft
$97/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $400,000 $58 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,356/month

379 Days on Market

Highlights

  • Airport or Runway
  • Open Floorplan
  • Deck
  • The property is located in a historic district
  • Fireplace in Primary Bedroom
  • Cathedral Ceiling

About This Home

As of August 2018

Seller Financing. Own a piece of Arcadia's early History c.1918. In the heart of the Historic Antique District in Downtown Arcadia our building offers 9,676 square feet and is celebrating its centennial birthday. This building has been through a major renovation which was completed in 2005. The building consists of beautiful, refurbished hardwood floors, three bedrooms, three baths, formal living, formal dining, billiard room, piano room, kitchen with granite countertops, marble flooring, elevator and authentic moldings, it has been beautifully restored getting it ready for its next hundred years! Arcadia is one of the oldest cities in the state and famous for its antique fair every fourth Saturday of the month. It is home of the Arcadia All-Florida Championship Rodeo with a brand new Arena with 7,800 seats. It is known as "Aviation City," and has just undergone airport improvements including X06 runway 6/24 newly paved and lighted 3,700 by 75 feet, and a 2780-by-140-foot grass runway. Arcadia is also well known for its art festivals, parades, Peace River activities such as airboat rides, swamp buggies, canoe safaris, eco tours, horseback riding trails, nature & wildlife tours, fossil hunting, hiking, biking, and was featured on the Travel Channnel in 2006. This extraordinary building comes with a coffee shop, cafe, old fashioned ice cream parlor, furnishings and equipment included. What a bonus! This piece of history can be yours!

Last Agent to Sell the Property

Katty Caron

HOMESMART License #3064084 Listed on: 05/30/2017

HOMESMART

Last Buyer's Agent

Katty Caron

HOMESMART License #3064084 Listed on: 05/30/2017

HOMESMART

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,000

Year Built

  • Built in 1918

Lot Details

  • 4,966 Sq Ft Lot
  • Historic Home
  • Property is zoned B-2

Parking

  • 4 Car Attached Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • On-Street Parking

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 6,917 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Electric Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Loft
  • Bonus Room
  • Game Room
  • Storage Room
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Screened Patio
  • Porch

Location

  • The property is located in a historic district
  • City Lot

Utilities

  • Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Simmons & Carlton Subdivision
  • The community has rules related to building or community restrictions, deed restrictions

Amenities

  • Airport or Runway

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,000

Year Built

Built in 1918

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Historical
  • Construction Materials: Brick
  • Fireplace: Yes
  • Living Area: 6917
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1918
  • Building Area Total: 9676
  • Lot Size Sq Ft: 4966
  • Directions to Property: State Road 70 to Arcadia, to Downtown Oak Street or State Road 72 to Arcadia to Downtown to Oak Street.
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4186190&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4186190&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.83351
  • Price per Sq Ft: 57.83
  • Close to Original List Price Ratio: 0.68977
  • Ratio: Current Price\Building Area Total: 41.34
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Electric, Family Room, Master Bedroom, Other Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Marble, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Crown Molding, Eating Space In Kitchen, Elevator, High Ceiling(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Vaulted Ceiling(s)
  • Appliances Included: Built-In Oven, Dryer, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Window Features: Blinds
  • Street Number Modifier: 15
  • Room Count: 5
  • Additional Rooms: Bonus Room, Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Foyer, Game Room, Great Room, Inside Utility, Loft, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12027C0178C
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Covered, Garage Faces Rear, Garage Faces Side, Guest, On Street
  • Covered Parking Spaces: 4
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Gas, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central, Zoned
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Special Community Restrictions
  • Association Amenities: Airport/Runway
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: B-2
  • Parcel Number: 25-37-24-0012-0040-0015
  • Additional Parcels: No
  • Lot Features: Historic District, City Lot, Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2013-11-06
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 9000
  • Tax Block: 4
  • Tax Lot: F

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2017
Closed on
Aug 17, 2018
Sold by
Craven Martha
Bought by
Lacroix Miller Michelle Ann and Miller Scot
Seller's Agent
Katty Caron
HOMESMART
Buyer's Agent
Katty Caron
HOMESMART
List Price
$579,900
Sold Price
$400,000
Premium/Discount to List
-$179,900
-31.02%
Current Estimated Value
$671,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,316
Avg. Annual Appreciation
7.62%
Original Mortgage
$253,557
Outstanding Balance
$221,117
Interest Rate
4.5%
Mortgage Type
Balloon
Estimated Equity
$450,199

Purchase Details

Closed on
Apr 25, 2011
Sold by
Mercer Charlie P
Bought by
Craven Charles and Craven Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 3, 2003
Sold by
Martin William E and Martin Colleen D
Bought by
Craven Charles and Craven Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 2000
Sold by
Parker Gary Frank
Bought by
Martin William E and Martin Colleen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 1999
Sold by
Parker Gary Frank and Parker Herbert Dean
Bought by
Parker Gary Frank
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
Lacroix Miller Michelle Ann $400,000 Stewart Title Co
Craven Charles $115,000 Desoto Abstract & Title Co
Craven Charles $170,000 --
Martin William E $90,000 --
Parker Gary Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lacroix Miller Michelle Ann $253,557
Previous Owner Craven Charles $110,000
Previous Owner Craven Charles $70,000
Previous Owner Martin William E $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Sold $400,000 -16.6% $58 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
01/30/2018 01/30/18 Price Changed $479,900 -17.2% $69 / Sq Ft
05/30/2017 05/30/17 For Sale $579,900 -- $84 / 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 $8,458 $388,020 $18,870 $369,150
2023 $8,671 $392,693 $18,870 $373,823
2022 $8,115 $364,057 $18,870 $345,187
2021 $8,715 $368,267 $18,870 $349,397
2020 $8,978 $372,476 $18,870 $353,606
2019 $9,310 $381,355 $18,870 $362,485
2018 $8,881 $411,180 $0 $411,180
2017 $8,361 $382,113 $0 $382,113
2016 -- $386,543 $0 $386,543
2015 $8,873 $388,704 $0 $388,704
2014 $9,923 $432,819 $0 $432,819
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4186190

Stellar MLS

APN: 25-37-24-0012-0040-0015