$2,900,000
SOLD JAN 29, 2021

1702 Parnell Rd Zolfo Springs, FL 33890

727 Acres
$3,989 Price per Acre
31,668,120 Sq Ft Lot

Recently Sold

26% Below List Price

321 Days on Market

Highlights

  • River Front
  • 727 Acre Lot
  • Pasture
  • Home fronts a pond
  • Wooded Lot
  • Natural State Vegetation

About This Lot

As of February 2021

727+-Acre Ranch at only $4,264 per acre! Ranch has been with same owner for 30+ years managing white tail deer, turkey and hogs in their natural habitat. The white tail management for this ranch has been to not harvest any bucks less than 8 points with horns outside ears. Game biologists have estimated 69+- deer frequent this ranch at any given time with the largest buck harvested last year at 15 points. There are 51 tree stands positioned throughout the property at ideal vantage points with alternate wind positions. Five food plots, hay fields and twelve feeders bring and keep the deer where the hunters need them. The lower game preserve area of oak and cypress creeks provides a sanctuary that stays unhunted so the deer/game stay on the property. The pristine crystal clear creeks are teaming with life such as numerous crawfish, bass, brim and other species. Quail hunting is also ideal in upland palmetto islands at edge of oak hammocks. Duck hunting for Wood Duck, teal and mallards is located in cypress creeks & ponds. Wild hogs are too numerous to count and frequently have animals in range of 400+-lbs.
The house/ hunter lodging consists of 3500SF home constructed of cement block with high cathedral ceiling towering fireplace, numerous glass windows viewing the majestic oak hammock surrounding this homesite. Granite counters off the formal dining area, 4 bedrooms/4 baths with some bedrooms capable of holding 4 hunters with their own bathrooms. Grill area on porch off the kitchen and large circular concrete fire pit under oaks at side of home/lodge. Large steel equipment barn and extra barn with walk-in cooler.
Tennis court next to the home has been a great place to hold special events. Wedding and other events have been held here at the ranch. Lots of extra lighting makes this a beautiful setting in evenings.
50+-Acres of hermathria hay fields (10ac & 40ac) which in it’s prime harvested as much as 1200+-bales at a time. Hay barn north of hay fields by the pond.

There is an additional 4” well not in use at right side of lemon block north of 2 acre stocked pond.
The ranch has paved road frontage on Parnell road with ½ mile of paved road to the ranch house & barns. The ranch has fencing and cross fencing.
All buyer must be prequalified prior to showing and sign CA

Last Agent to Sell the Property

Gregory Karlson

ADVANTAGE REALTY #1 License #3229372 Listed on: 02/28/2020

Last Buyer's Agent

Gregory Karlson

ADVANTAGE REALTY #1 License #3229372 Listed on: 02/28/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,548

Lot Details

  • 727 Acre Lot
  • Home fronts a pond
  • River Front
  • Property fronts a private road
  • Natural State Vegetation
  • Wooded Lot
  • Zoning described as Ag

Farming

  • Pasture

Utilities

  • Private Water Source
  • Well
  • Septic Tank
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 0934-27-0000-02500-0000

Property Details

Property Type

Land

Est. Annual Taxes

$6,548

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: River
  • Lot Size Acres: 727.0
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Directions: US 27 & Hammock Rd to Hammack Rd thru Highlands Hammock to Hammock Rd N to right on Parnell Rd to property on left past Bee Branch Creek
  • Property Sub Type Additional: Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Pasture, Wooded, Acreage
  • Waterfront Features: Pond

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available, Phone Available
  • Water Source: Private, Well

Lot Info

  • Current Use: Pasture
  • Lot Size Sq Ft: 37810080.0
  • Additional Parcels Description: ,,
  • Parcel #: 0934-27-0000-02500-0000
  • Zoning Description: Ag
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6548.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2021
Sold by
Joche 6 Llc
Bought by
Joche 11 Llc
Current Estimated Value
$2,299,166

Purchase Details

Listed on
Aug 9, 2020
Closed on
Jan 28, 2021
Sold by
The Eldredge Ranch Limited Partnership
Bought by
Joche 6 Llc
Seller's Agent
Gregory Karlson
ADVANTAGE REALTY 1
Buyer's Agent
Gregory Karlson
ADVANTAGE REALTY 1
List Price
$3,750,000
Sold Price
$2,900,000
Premium/Discount to List
-$850,000
-22.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.19%

Purchase Details

Closed on
Sep 10, 2020
Sold by
The Eldredge Ranch Limited Partnership
Bought by
Trap Limited Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 17, 2016
Sold by
The Eldredge Ranch Limited Partnership
Bought by
Trap Limited Partnership
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 Type Sale Price Title Company
Special Warranty Deed $100 None Listed On Document
Special Warranty Deed -- Accommodation
Warranty Deed $2,900,000 Attorney
Warranty Deed $575,000 Attorney
Warranty Deed $10,000 Wauchula Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $13,000 Credit Line Revolving
Previous Owner $13,000 Credit Line Revolving
Previous Owner $60,000 Commercial
Previous Owner $480,716 Future Advance Clause Open End Mortgage
Previous Owner $200,000 Unknown
Previous Owner $500,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2021 02/27/21 Sold $2,900,000 0.0% --
01/29/2021 01/29/21 Sold $2,900,000 -6.5% --
01/15/2021 01/15/21 Pending -- -- --
09/02/2020 09/02/20 Price Changed $3,100,000 -17.3% --
08/09/2020 08/09/20 For Sale $3,750,000 -3.8% --
02/28/2020 02/28/20 For Sale $3,900,000 -- --
Source: Heartland Association of REALTORS®

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 $5,596 $393,570 -- --
2023 $5,230 $346,629 $0 $0
2022 $4,722 $295,463 $0 $0
2021 $4,238 $266,502 $15,598 $250,904
2020 $5,080 $308,252 $93,367 $214,885
2019 $4,995 $304,817 $92,967 $211,850
2018 $4,959 $303,614 $0 $0
2017 $4,558 $260,953 $0 $0
2016 $4,694 $257,445 $0 $0
2015 $4,626 $238,611 $97,503 $141,108
2014 $4,511 $241,916 $100,503 $141,413
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 272033

Heartland Association of REALTORS®

APN: 0934-27-0000-02500-0000