NOT LISTED FOR SALE

Estimated Value: $347,000 - $499,000

3 Beds
3 Baths
1,610 Sq Ft
$254/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $405,000 $252 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,530/month

11 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Walk-In Closet
  • 4.95 Acre Lot
  • 2 Car Attached Garage
  • Living Room

About This Home

As of August 2023

Under contract-accepting backup offers. Looking for room to roam? This little slice of heaven is nestled on 4.95 acres with plenty of space to bring your toys and animals. It is just minutes from the World Equestrian Center, 20 minutes to downtown Ocala and a short ride to Dunnellon. The home has been the pride of ownership for 30 years. This 3/3 home features, vaulted ceilings in the living and dining room, wood burning fireplace, split plan for privacy, screened lanai and a sparkling saltwater pool and a wood deck off the back great for grilling out with friends. The charming kitchen has a breakfast bar, walk in pantry plus all the appliances are included. Just off the kitchen is a spacious laundry room and office area too. Side door leads to the screened pool, carport and workshop. Back side of property includes an additional shed and outdoor workshop and several wooded trails throughout the acreage perfect for ATV's or dirt bikes. This home has so much to offer and has been well loved, all that is is missing is you!

Last Agent to Sell the Property

Ellen Perrone

LEGACY REALTY & ASSOCIATES Brokerage Phone: 352-203-4801 License #0412164 Listed on: 06/28/2023

Co-Listed By

Meagan Williams

LEGACY REALTY & ASSOCIATES Brokerage Phone: 352-203-4801 License #3330510

Last Buyer's Agent

Janet Dopico

EXP REALTY LLC License #3558585

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,609

Year Built

  • Built in 1982

Lot Details

  • 4.95 Acre Lot
  • Lot Dimensions are 317x680
  • Dirt Road
  • East Facing Home
  • Fenced
  • Property is zoned A1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,610 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Living Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Saltwater Pool

Schools

  • Dunnellon Elementary School
  • Dunnellon Middle School
  • Dunnellon High School

Utilities

  • Central Air
  • Heating Available
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lancala Farms Un 01 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,609

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 1610
  • Lot Size Acres: 4.95
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 2072
  • Lot Size Sq Ft: 215622
  • Directions to Property: Hwy 40W to right onto SW 159th Ct., go .07 miles to SW 38 Place, TL and then TR onto SW 36 St. .02 miles, then TL onto SW 159 Ave., .02 miles, see sign on left.
  • Status: Sold
  • Street Direction: SW
  • Co List Office Mls Id: MFR271501107
  • Co List Office Phone: 352-203-4801
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Ocala
  • Escrow Postal Code: 34471
  • Escrow State: FL
  • Escrow Street Name: E. Silver Springs Blvd.
  • Escrow Street Number: 1808
  • List Office Head Office Key Nume: 206685993
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 251.55
  • Total Acreage: 2 to less than 5
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Walk-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Window Treatments
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 15805
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 149.57
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Pool Features: In Ground, Salt Water
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Dirt, Gravel
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

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

Schools

  • Elementary School: Dunnellon Elementary School
  • High School: Dunnellon High School
  • Middle Or Junior School: Dunnellon Middle School

Lot Info

  • Zoning: A1
  • Parcel Number: 2089-001-004
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Dimensions: 317x680
  • Flood Zone Code: x
  • Homestead YN: 1
  • Lot Size Square Meters: 20032

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1609.01
  • Tax Block: A
  • Tax Book Number: R-122
  • Tax Lot: 4-A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Aug 18, 2023
Sold by
Preston Donald Lee and Preston Joyce
Bought by
Gharra Elmostafa K and Gharra Carlotta J
Seller's Agent
Ellen Perrone
LEGACY REALTY & ASSOCIATES
Buyer's Agent
Janet Dopico
EXP REALTY LLC
List Price
$42,500
Sold Price
$405,000
Premium/Discount to List
$362,500
852.94%
Views
250
Current Estimated Value
$409,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,522
Avg. Annual Appreciation
0.52%
Original Mortgage
$324,000
Outstanding Balance
$316,617
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$92,905
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
Gharra Elmostafa K $405,000 First American Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gharra Elmostafa K $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2023 08/18/23 Sold $405,000 +852.9% $252 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $42,500 -- $26 / 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 $4,210 $289,838 -- --
2023 $1,659 $125,868 $0 $0
2022 $1,609 $122,202 $0 $0
2021 $1,601 $118,643 $0 $0
2020 $1,585 $117,005 $0 $0
2019 $1,557 $114,374 $0 $0
2018 $1,480 $112,241 $0 $0
2017 $1,452 $109,932 $0 $0
2016 $1,416 $107,671 $0 $0
2015 $1,421 $106,923 $0 $0
2014 $1,337 $106,074 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM660219

Stellar MLS

APN: 2089-001-004