NOT LISTED FOR SALE

16294 W Highway 40 Ocala, FL 34481

Estimated Value: $42,000 - $100,000

1.04 Acres
$62,051 Price per Acre
45,302 Sq Ft Lot

Last Sold June 23, 2023

Last sale price $45,997

Est. 40% increase in value since last sale

Current estimated payment $391/month

28 Days on Market

About This Lot

As of June 2023

This 1.04 acre property is situated in a centralized location with easy access from HWY 40. It is zoned A1 which allows for site built homes, mobile homes and farming, including the ability to keep horses on the property! This 1.04 acre residential property is just minutes to major retailers including, Walmart, Lowes, Publix, Winn Dixie, medical centers, restaurants and more in Ocala and Dunnellon. The area is filled with thousands of homes, businesses and shopping centers, perfect for peaceful living while having everything right at arms reach.This property is only minutes from the Rainbow River, K.P. Hole, Rainbow State Park and many prime fishing lakes. You can also enjoy a day on Crystal River which is only minutes from this property. Hit the links at one of the 15+ championship golf courses such as Rolling Greens Executive Golf Course and On Top of the World Golf Club. Get started on your new dream home today!

Last Agent to Sell the Property

Steven Koleno

BEYCOME OF FLORIDA LLC License #3469487 Listed on: 04/26/2023

Last Buyer's Agent

Holly Chambers

CRYSTAL SNOOK REAL ESTATE License #3453062

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $258

Lot Details

  • 1.04 Acre Lot
  • Lot Dimensions are 151x300
  • Property fronts a highway
  • West Facing Home
  • Property is zoned A1

Community Details

  • No Home Owners Association
  • Westwood Acres South Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 7
  • Assessor Parcel Number 2092-007-012

Property Details

Property Type

Land

Est. Annual Taxes

$258

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.04
  • Lot Size Sq Ft: 45302
  • Directions to Property: Tour to the Right addressed to Co Rd 40/Cedar St Continue on State Hwy 40 The destination is on the left.
  • Status: Sold
  • Street Direction: W
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 173480923
  • RATIO Current Price By Calculate: 1.02
  • Total Acreage: 1 to less than 2
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 16294

Exterior Features

  • Direction Faces: West
  • Road Frontage Type: Highway
  • Waterfront: No
  • Road Surface Type: Other
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2008-08-28
  • Flood Zone Panel: 12083C0470D
  • Price Per Acre: 44228
  • Farm Type: Other

Utilities

  • Utilities: Electricity Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

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

Lot Info

  • Zoning: A1
  • Parcel Number: 2092-007-012
  • Additional Parcels: No
  • Current Use: Farm
  • Lot Dimensions: 151x300
  • Flood Zone Code: X
  • Lot Size Square Meters: 4209

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 258
  • Tax Block: 7
  • Tax Book Number: Q-083
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
Jun 13, 2023
Sold by
Freedom Land Solutions Llc
Bought by
Velez Joel
Seller's Agent
Steven Koleno
BEYCOME OF FLORIDA LLC
Buyer's Agent
Holly Chambers
CRYSTAL SNOOK REAL ESTATE
List Price
$47,997
Sold Price
$45,997
Premium/Discount to List
-$2,000
-4.17%
Total Days on Market
28
Views
183
Current Estimated Value
$64,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,536
Avg. Annual Appreciation
18.96%

Purchase Details

Closed on
Jul 20, 2020
Sold by
Galli Aurora and Galli Natalino
Bought by
Freedom Land Solutions Llc
Source: Public Records

Similar Properties in Ocala, FL

  • 16340 SW 55th St, Ocala, FL 34481

    $75,000

    • Land
    • 1.07 Acres
    • $70,093 per Acre
    • 16340 SW 55th St
    • Ocala, FL

    Beautiful, cleared 1 acre plus property, in the horse farm areas of Ocala Fl.

    Harvey Meyer IV MOMENTUM REALTY

    Section Image
  • Lot 14 Block 33 SW 169th Ct, Ocala, FL 34481

    $60,000

    • Land
    • 1.24 Acres
    • $48,387 per Acre
    • Lot 14 Block 33 SW 169th Ct
    • Ocala, FL

    Discover the perfect canvas for your dream home on this stunning 1.24-acre vacant lot in the serene and sought-after West Ocala! Nestled in a peaceful, rural setting, this expansive parcel offers ample space for a custom residence, lush landscaping, or even a private oasis with room for a pool, garden, or workshop. Surrounded by the natural beauty of Marion County, enjoy the tranquility of

    Caren Barnes NEXT GENERATION REALTY OF MARION COUNTY LLC

    Section Image
  • 6737 SW 166th Terrace Rd, Ocala, FL 34481

    $65,000

    • Land
    • 1.04 Acres
    • $62,500 per Acre
    • 6737 SW 166th Terrace Rd
    • Ocala, FL

    1.04 Acre lot zoned A-1 in Westwood Acres. 15 Minutes to shopping, 20 minutes to the World Equestrian Center, 10 minutes to Rainbow Springs State Park. Mobile homes allowed. Horses and farm animals welcome! Lot previously had a mobile home on it that was demolished in 2018. Well and power pole still exist on site, seller does not know condition of either. As per Marion County, the

    Jen Steed KIEFER REALTY, PA

    Section Image
  • 0 SW 64th St Unit MFROM701674, Ocala, FL 34481

    $62,000

    • Land
    • 1.05 Acres
    • $59,048 per Acre
    • 0 SW 64th St
    • Unit MFROM701674
    • Ocala, FL

    Situated in the heart of Rolling Hills, this acre corner lot measures 153 by 300 feet. Located outside the flood zone, with no wetlands or protected species on site, this lot is shovel-ready and primed for development. Dunnellon, Florida, is a small, charming town nestled at the confluence of the Withlacoochee and Rainbow rivers. It's known for its rich history, outdoor recreation opportunities,

    Asher Abadi UDI LLC

    Section Image
  • 0 SW 149th Court Rd, Ocala, FL 34481

    $49,900

    • Land
    • 0.87 Acre
    • $57,356 per Acre
    • 0 SW 149th Court Rd
    • Ocala, FL

    LOTS 11, 12 AND 13 COMBINED TO MAKE THIS .87 LOT . THIS BIG BEAUTIFUL IS SITUATED BETWEEN OCALA AND DUNNELLON AND IS ONLY MINUTES TO THE WORLD EQUESTRIAN CENTER. IT IS THE PERFECT SPOT WITH NO HOA AND PEACEFUL SURROUNDINGS. THIS LOT IS READY TO BE CLEARED, SO COME AND RELAX AND CALL THIS YOUR NEW HOME

    Donna Knox RE/MAX FOXFIRE - HWY 40

    Section Image
  • 00 SW 140th Ave, Ocala, FL 34481

    $75,000

    • Land
    • 1.13 Acres
    • $66,372 per Acre
    • 00 SW 140th Ave
    • Ocala, FL

    Equestrian Enthusiasts? Your Dream Property Awaits 15 minutes to Ocala's (WEC) World Equestrian Center! Discover 1.13 acres of beautifully situated land in the desirable Rolling Hills subdivision? Perfectly suited for horse lovers looking to build their ideal equine retreat. This parcel is larger than most in the area and offers a rare opportunity to join a growing equestrian-friendly community

    Robert Spangler, II COLDWELL BANKER RIVERLAND RLTY

    Section Image
  • 0 SW 51st Ln, Ocala, FL 34481

    $69,900

    • Land
    • 1.16 Acres
    • $60,259 per Acre
    • 0 SW 51st Ln
    • Ocala, FL

    This is a very nice lot being 1.16 ACRE in the NORTHER PART OF ROLLING HILLS ABOUT 300 FEET FROM PAVED 134th Terr. No HOA, ZONED FOR HOUSES, NO MOBILE HOMES, after you build your new home you have room for parking your toys or having a barn to store them in. Working this week to remove and cleanup some trees to make it more ready to see and build on. New pictures to follow soon.

    Ronald Hills CRYSTAL SNOOK REAL ESTATE

    Section Image
  • 0 SW 53rd St Unit 837044, Ocala, FL 34481

    $75,000

    • Land
    • 1.14 Acres
    • $65,789 per Acre
    • 0 SW 53rd St
    • Unit 837044
    • Ocala, FL

    Situated in a serene and desirable area of Ocala, this 1-acre + lot offers the perfect blend of tranquility and convenience. Located just a short drive from downtown Ocala, Rainbow Springs, and World Equestrian Center residents will enjoy easy access to local amenities, including shopping centers, dining, and recreational facilities. The property is also close to the scenic Ocala National Forest

    Karla Pantoja The Holloway Group

    Section Image
  • 0 SW 64th St Rd Unit MFROM686690, Ocala, FL 34481

    $74,900

    • Land
    • 1.14 Acres
    • $65,702 per Acre
    • 0 SW 64th St Rd
    • Unit MFROM686690
    • Ocala, FL

    Over one full acre, near shopping and World Equestrian. 15 minutes back to Ocala or to Dunnellon. No HOA. Zoned for houses and no mobile homes. After you build your house you can have a barn and store your RV's.

    Ronald Hills CRYSTAL SNOOK REAL ESTATE

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Velez Joel $46,000 Marion Lake Sumter Title
Freedom Land Solutions Llc $9,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $45,997 +16.5% --
05/25/2023 05/25/23 Price Changed $39,497 -14.1% --
05/25/2023 05/25/23 Pending -- -- --
05/19/2023 05/19/23 Price Changed $45,997 -2.3% --
05/13/2023 05/13/23 Price Changed $47,097 -1.9% --
04/26/2023 04/26/23 For Sale $47,997 -- --
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
2023 $337 $15,982 $0 $0
2022 $258 $14,529 $0 $0
2021 $234 $13,208 $13,208 $0
2020 $142 $7,800 $7,800 $0
2019 $137 $7,800 $7,800 $0
2018 $113 $6,032 $6,032 $0
2017 $130 $8,320 $8,320 $0
2016 $105 $5,408 $0 $0
2015 $106 $5,408 $0 $0
2014 $100 $5,262 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O6106465

Stellar MLS

APN: 2092-007-012