NOT LISTED FOR SALE

16053 S Highway 475 Summerfield, FL 34491

Estimated Value: $640,000 - $1,297,131

5 Beds
4 Baths
3,298 Sq Ft
$286/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $875,000 $265 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,767/month

Highlights

  • 10.38 Acre Lot
  • Vaulted Ceiling
  • No HOA
  • Open Floorplan
  • Stone Countertops
  • Den

About This Home

As of January 2024

10.38+/- Acres of Tranquility! Located on HWY 475. Property is zoned A-1 for horses or cattle. The long-paved driveway leads to the architecturally designed homes providing wonderful, spacious floor plans perfect for entertaining family and guests. The residence features 5 bedrooms, and 4 baths with office with 3,298 living sq ft. The great room offers French doors leading to lanai. Open kitchen-living area. The gorgeous kitchen which opens to a great room features solid wood cabinetry, and stainless appliances. Spacious formal dining area with views to front pastures. Homes are perfectly situated to enjoy beautiful views from the front porches. This property is close to I-75, 5 miles to The Florida Horse Park and Greenways & Trails. The property is located between Ocala and The Villages.

Last Agent to Sell the Property

Joan Pletcher

JOAN PLETCHER Brokerage Phone: 352-347-1777 License #0609547 Listed on: 12/12/2023

Last Buyer's Agent

Joan Pletcher

JOAN PLETCHER Brokerage Phone: 352-347-1777 License #0609547 Listed on: 12/12/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,752

Year Built

  • Built in 2022

Lot Details

  • 10.38 Acre Lot
  • Lot Dimensions are 329x1291
  • West Facing Home
  • Cross Fenced
  • Wire Fence
  • Cleared Lot
  • Property is zoned A1

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 3,298 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Coffered Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room Off Kitchen
  • Den
  • Ceramic Tile Flooring
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Schools

  • Marion Oaks Elementary School
  • Belleview Middle School
  • Belleview High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Well
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Front Porch
  • Pasture
  • Zoned For Horses

Community Details

  • No Home Owners Association
  • Non Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,752

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 3298
  • Lot Size Acres: 10.38
  • New Construction: No
  • Year Built: 2022
  • Building Area Total: 4011
  • Lot Size Sq Ft: 452153
  • Directions to Property: South on CR 475, property is located on the left before Hwy 42 inersection.
  • Status: Sold
  • Street Direction: S
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 0
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044903
  • RATIO Current Price By Calculate: 265.31
  • Total Acreage: 10 to less than 20
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-347-1777
  • Tax Year: 2023
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Cooktop, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Tankless Water Heater
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 16053
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office
  • Living Area Meters: 306.39
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Electricity Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • 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: Marion Oaks Elementary School
  • High School: Belleview High School
  • Middle Or Junior School: Belleview Middle School

Lot Info

  • Zoning: A1
  • Parcel Number: 44787-003-00
  • Additional Parcels: No
  • Fencing: Cross Fenced, Wire
  • Lot Features: Cleared, Pasture, Zoned for Horses
  • Lot Dimensions: 329x1291
  • Flood Zone Code: x
  • Homestead YN: 0
  • Lot Size Square Meters: 42006

Green Features

  • Green Verification Count: 0

Tax Info

  • Tax Annual Amount: 8751.67
  • Tax Block: 7043
  • Tax Book Number: 7043/1266
  • Tax Lot: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Jan 12, 2024
Sold by
Benitez Hector and Benitez Leticia C
Bought by
Baker Street Capital Llc
Seller's Agent
Joan Pletcher
JOAN PLETCHER
Buyer's Agent
Joan Pletcher
JOAN PLETCHER
List Price
$949,700
Sold Price
$875,000
Premium/Discount to List
-$74,700
-7.87%
Views
11
Current Estimated Value
$943,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,377
Avg. Annual Appreciation
4.45%
Original Mortgage
$1,860,000
Outstanding Balance
$1,829,077
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
-$885,700

Purchase Details

Closed on
Aug 23, 2019
Sold by
Olleb Retirement Llc
Bought by
Benitez Hector and Benitez Leticia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2018
Sold by
Bello Anibal and Bello Aurora
Bought by
Olleb Retirement Llc

Purchase Details

Closed on
Mar 31, 2008
Sold by
Uzdavinis Thomas A and Reichard Uzdavinis Maria M
Bought by
Bello Anibal and Bello Aurora
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Baker Street Capital Llc $875,000 None Listed On Document
Baker Street Capital Llc $875,000 None Listed On Document
Benitez Hector $150,000 Attorney
Olleb Retirement Llc $205,000 1St Quality Title Llc
Bello Anibal $390,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Street Capital Llc $1,860,000
Closed Baker Street Capital Llc $1,860,000
Previous Owner Benitez Hector $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2024 01/12/24 Sold $875,000 -7.9% $265 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
12/12/2023 12/12/23 For Sale $949,700 -- $288 / 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 $8,956 $593,821 -- --
2023 $8,752 $576,664 $0 $0
2022 $264 $3,124 $0 $0
2021 $265 $3,075 $1,332 $1,743
2020 $66 $3,075 $1,332 $1,743
2019 $2,099 $123,634 $121,891 $1,743
2018 $64 $3,026 $1,283 $1,743
2017 $64 $3,026 $1,283 $1,743
2016 $77 $3,026 $0 $0
2015 $82 $3,365 $0 $0
2014 $86 $3,801 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM669297

Stellar MLS

APN: 44787-003-00