NOT LISTED FOR SALE

183 NE Prairie Rd Madison, FL 32340

Estimated Value: $141,353 - $194,000

3 Beds
1.5 Baths
1,571 Sq Ft
$103/Sq Ft Est. Value

Last Sold May 16, 2023

Last sale price $147,500 $94 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $932/month

10 Days on Market

Highlights

  • Home fronts a pond
  • Farmhouse Style Home
  • 1-Story Property
  • Wood Flooring
  • Formal Dining Room
  • Fenced

About This Home

As of May 2023

Due to overwhelming response on this property seller is asking for highest and best offers to be submitted by 12 PM noon on May 1. Acceptance date on contract should be May 3rd to allow for time for signatures. A rare gem in North Florida with this stunning 7.42 acre property overlooking the picturesque Garden Pond. Majestic live oaks dot the gentle slope, creating a breathtaking view that's simply awe-inspiring. The fenced land is perfect for nature enthusiasts, animal lovers, or anyone who craves privacy and serenity. You'll also find a charming 3 bedroom, 1 and 1/2 bath, Cherry Lake home on the property, featuring heart pine tongue and groove wood throughout. While it's been vacant for some time, the home has tons of potential for customization and personalization. Enjoy easy access to Cherry Lake, just a stone's throw away, where you can fish, boat, or ski to your heart's content. Don't miss out on this opportunity to own a piece of paradise! Home is not financeable or insurable in its present condition.

Last Agent to Sell the Property

Sarah Pike

The American Dream License #3141415 Listed on: 04/20/2023

The American Dream

Last Buyer's Agent

NON MEMBER

Tallahassee Board of REALTORS®

Tallahassee Board of REALTORS®

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • 7.42 Acre Lot
  • Home fronts a pond
  • Fenced

Parking

  • Driveway

Home Design

  • Farmhouse Style Home
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 1,571 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Schools

  • Pinetta Elementary School-Madison County
  • Madison County Middle School
  • Madison County High School

Community Details

  • Cherry Lake Farms Subdivision

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 12079-00-00-00-3107-000-000

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Class: Residential
  • Lot: 35
  • Metes Bounds: Yes
  • Miscellaneous: Fenced, Horse Potential
  • Road Frontage Type: Paved
  • Sold Price Per Sq Ft: 93.89
  • Style Exterior: Farmhouse
  • Subdivision: CHERRY LAKE FARMS
  • Tax Database Id: 9
  • Tax Item Number: 00-00-00-3107-000-000
  • Type: Detached Single Family
  • L V T Date: 04/20/2023
  • Street Designation: Road
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 1
  • Estimated Sq Ft: 1571
  • Year Built: 1936
  • Directions: From Madison Take Hwy 53 N, R on Garden Rd, L on Post Rd, R on Prairie Rd, Property on L
  • Elementary School: Pinetta Elementary School-Madison County
  • Geo Longitude: -83.42734
  • High School: Madison County High School
  • Middle School: Madison County
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Fireplace: Yes
  • Floor Plan: Story - One, Bedroom - Split Plan
  • Kitchen Dim: 11x11
  • Living Area Description: Separate Dining Room
  • Master Bedroom Dim: 12x12

Exterior Features

  • Construction: Siding - Vinyl, On Pilings
  • Frontageview: Pond Frontage
  • Number Of Acres: 7.42

Garage/Parking

  • Garage: Driveway Only

Utilities

  • Heating: Fireplace - Wood
  • Utility Provider: OTH: Local to County

Lot Info

  • Lot Dimensions: 492x782x356x717
  • Geo Subdivision: FL

Tax Info

  • Taxes: 1156
  • Assessor Parcel Number: 12079-00-00-00-3107-000-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
May 15, 2023
Sold by
Esterbrook Ronald L
Bought by
Mgrath Peter J and Mcgrath Renea L
Seller's Agent
Sarah Pike
The American Dream
Buyer's Agent
NON MEMBER
Tallahassee Board of REALTORS®
List Price
$135,000
Sold Price
$147,500
Premium/Discount to List
$12,500
9.26%
Views
423
Current Estimated Value
$162,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,436
Avg. Annual Appreciation
3.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mgrath Peter J $147,500 None Listed On Document
Mgrath Peter J $147,500 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2023 05/16/23 Sold $147,500 +9.3% $94 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $135,000 -- $86 / Sq Ft
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board 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
2025 $1,034 $41,183 $25,120 $16,063
2024 $1,078 $43,613 $27,632 $15,981
2023 $716 $18,541 $0 $0
2022 $1,156 $80,134 $40,068 $40,066
2021 $1,064 $64,185 $34,874 $29,311
2020 $906 $39,311 $5,112 $34,199
2019 $837 $32,707 $5,112 $27,595
2018 $848 $32,764 $5,111 $27,653
2017 $888 $34,747 $5,129 $29,618
2016 $821 $34,144 $4,920 $29,224
2015 $839 $34,420 $5,139 $29,281
2014 $832 $34,178 $4,839 $29,339
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

MLS Number: 357861

Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)

APN: 00-00-00-3107-000-000