NOT LISTED FOR SALE

21350 SE 42nd St Morriston, FL 32668

Estimated Value: $1,191,847 - $1,431,000

3 Beds
2 Baths
2,555 Sq Ft
$511/Sq Ft Est. Value

Last Sold August 21, 2024

Last sale price $1,250,000 $489 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,831/month

Highlights

  • 5/8+ Mile Equestrian Track
  • 10.3 Acre Lot
  • Central Air
  • Horse Property
  • Family Room with Fireplace
  • High Speed Internet

About This Home

As of August 2024

Welcome to your equestrian paradise! This spectacular 10-acre horse farm, nestled within the sought-after Starting Point Complex, offers a captivating blend of modern luxury and equestrian excellence. Whether you're looking for a year-round haven or a winter escape, this property is your ticket to an extraordinary equestrian lifestyle. Step into a beautifully renovated house that exudes warmth and charm. Flooded with natural light, the open floor concept creates a sense of spaciousness and connectivity. The kitchen is a culinary dream, featuring elegant white cabinets, gleaming granite countertops, and top-of-the-line stainless-steel appliances. It's the perfect space for preparing meals while enjoying views of your equestrian haven. This property boasts a block barn with 28 spacious stalls, offering ample room to accommodate your equine companions. Additionally, there's an office within the barn, making horse management convenient and efficient. For added convenience, two studio apartments equipped with kitchenettes and bathrooms are also included, providing comfort for your staff or guests. Enhance your horse training and care regimen with a well-equipped round pen, designed for effective groundwork and training sessions. Additionally, the property features multiple paddocks, providing ample turnout space and flexibility for managing your horses' needs. Newly installed, the European walker ensures your horses receive the best care and exercise they deserve. It's a testament to the commitment to excellence that this property represents. The Starting Point Complex is a haven for equestrian enthusiasts of various disciplines, from hunters and jumpers to dressage and pleasure horses, and even racehorses. The masterpiece of this property is its direct access to the 5/8-mile track, right behind the premises. Imagine the convenience and excitement of having a world-class racetrack at your doorstep. Train and exercise your horses with ease, taking full advantage of this rare and valuable amenity. Situated just 15 minutes from the renowned World Equestrian Center, 10 minutes from HITS (Horse Shows in the Sun), and a mere 20 minutes from OBS (Ocala Breeders' Sales), you'll have easy access to world-class equestrian events and facilities. Don't miss this opportunity to own a piece of equestrian paradise in the heart of Ocala's equestrian community. Embrace the lifestyle you've always dreamed of at this exceptional 10-acre horse farm. Schedule your viewing today and make your equestrian dreams a reality!

Last Agent to Sell the Property

Stellar Non-Member Agent

Stellar Non-Member Office Listed on: 08/21/2024

Stellar Non-Member Office

Last Buyer's Agent

Steven Saumell

DOUGLAS ELLIMAN License #3317618

DOUGLAS ELLIMAN

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $7,881

Year Built

  • Built in 1992

Lot Details

  • 10.3 Acre Lot
  • Property is zoned AG

HOA Fees

  • $133 Monthly HOA Fees

Home Design

  • Farm
  • Block Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,555 Sq Ft Home
  • Family Room with Fireplace
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Horse Property

Horse Facilities and Amenities

  • Eurocizer
  • Starting Gate
  • Round Pen
  • 5/8+ Mile Equestrian Track
  • Gallop Track
  • Horse Track
  • Race Track
  • Stables
  • Track Access
  • Track Irrigation System

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Katie Boyd Association
  • Starting Point Sub Tr 27 Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 18017-000-00

Property Details

Property Type

Other

Est. Annual Taxes

$7,881

Year Built

Built in 1992

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Farm
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2555
  • Lot Size Acres: 10.3
  • New Construction: No
  • Year Built: 1992
  • Building Area Total: 2555
  • Lot Size Sq Ft: 448668
  • Directions to Property: Starting at the intersection of US HWY 41 and SE County Rd 326: Head east on SE 32nd Pl toward SE 197 Ct 0.4 mi Turn right onto SE 200th Ave 0.2 mi Turn left onto W Hwy 326/SE 35 St 1.9 mi Turn right onto SE 219 Ave 0.8 mi Continue onto SE 42nd St 0.3 mi Turn left 0.2 mi 21350 SE 42nd St
  • Status: Sold
  • Street Direction: SE
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1051524
  • RATIO Current Price By Calculate: 489.24
  • Total Acreage: 10 to less than 20
  • Unit Number YN: 0
  • Water Access YN: 0
  • Barn Features: Barn Apartment,Barn Office,Bathroom,Block,Center Aisle,Equipment,Feed Room,Fly Spray System,Horse Barn,Hot Water,Washrack
  • MFR_InLawSuiteYN: 1
  • MFR_InLawSuiteDescription: 1 Bathroom,Detached (ADU),Studio
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Fireplace Features: Family Room
  • Living Area Units: Square Feet
  • Full Bathrooms: 2
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Block
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 21350
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 237.37
  • Room Count: 3

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Farm Type: Horse

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee: 1600
  • Association #2 Fee Frequency: Annually
  • Association: Katie Boyd
  • Association 2 YN: 1

Fee Information

  • Total Annual Fees: 1600.00
  • Total Monthly Fees: 133.33

Lot Info

  • Zoning: AG
  • Parcel Number: 18017-000-00
  • Additional Parcels: No
  • Horse Amenities: Track - 5/8+ Mile, Eurocizer, Gallop Track, Horse Track, Race Track, Round Pen, Stable(s), Starting Gate, Track Access, Track Irrigation System
  • Flood Zone Code: x
  • Homestead YN: 0
  • Lot Size Square Meters: 41683

Tax Info

  • Tax Annual Amount: 7880.51
  • Tax Book Number: 6-69
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Aug 21, 2024
Sold by
Linares Property Management Llc
Bought by
Stone Lane Stables Llc
Seller's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
Buyer's Agent
Steven Saumell
DOUGLAS ELLIMAN
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$1,304,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,462
Avg. Annual Appreciation
4.31%
Original Mortgage
$1,000,000
Outstanding Balance
$990,517
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$313,945

Purchase Details

Closed on
Feb 16, 2006
Sold by
Azpurua Manuel and Azpurua Eduardo
Bought by
Aranda Brothers Inc

Purchase Details

Closed on
Oct 21, 2005
Sold by
Aranda Brothers Inc
Bought by
Azpurua Manuel and Azpurua Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 26, 2002
Sold by
Enright Patrick Brian and Enright Anne V
Bought by
Aranda Brothers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
8%
Mortgage Type
Seller Take Back
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
Stone Lane Stables Llc $1,250,000 Marion Lake Sumter Title
Aranda Brothers Inc $250,000 None Available
Azpurua Manuel -- First American Lenders Advan
Aranda Brothers Inc $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Lane Stables Llc $1,000,000
Previous Owner Linares Property Management Ll $650,000
Previous Owner Linares Property Management Ll $470,000
Previous Owner Azpurua Manuel $250,000
Previous Owner Aranda Brothers Inc $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $1,250,000 0.0% $489 / Sq Ft
08/21/2024 08/21/24 For Sale $1,250,000 -- $489 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
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 $7,253 $432,617 -- --
2023 $7,881 $450,357 $0 $0
2022 $9,080 $573,679 $154,500 $419,179
2021 $8,236 $460,759 $154,500 $306,259
2020 $7,640 $415,903 $0 $0
2019 $7,153 $411,014 $0 $0
2018 $7,197 $384,468 $0 $0
2017 $11,349 $669,328 $0 $0
2016 $11,152 $641,701 $0 $0
2015 $10,845 $636,788 $0 $0
2014 -- $602,713 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: J980279

Stellar MLS

APN: 18017-000-00