NOT LISTED FOR SALE

2413 SE Highway 31 Arcadia, FL 34266

Estimated Value: $336,000 - $403,000

4 Beds
1.5 Baths
2,906 Sq Ft
$125/Sq Ft Est. Value

Last Sold February 02, 2024

Last sale price $320,000 $110 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,288/month

248 Days on Market

Highlights

  • Guest House
  • No HOA
  • Outdoor Storage
  • 4.85 Acre Lot
  • Tankless Water Heater
  • Central Air

About This Home

As of February 2024

Seller financing offered! Great investment opportunity in Arcadia. This unique property is just under 5 acres located directly on Highway 31, with two buildings and partially cleared acreage. Both buildings share a well for water, and each are connected to their own electrical meter and septic system. Single family home features 4 beds, 1 1/2 baths, and a carport. The second building includes a recently remodeled apartment and a garage. The back 2.85 acres are undeveloped but partially cleared; it could be used for pasture, additional buildings, etc. Currently zoned residential/agricultural, with re-zoning possibilities for commercial. It is a very convenient location, close to Wal-Mart, Publix, gas stations, and restaurants. Apartment is currently tenant occupied. Property is being sold AS IS. Seller is highly motivated, put in your offer today! If you want acreage, versatility, and prime location, this property is for you.

Last Agent to Sell the Property

Kati Smucker

COLDWELL BANKER SUNSTAR REALTY Brokerage Phone: 863-494-3600 License #3558687 Listed on: 04/08/2023

COLDWELL BANKER SUNSTAR REALTY

Last Buyer's Agent

Jose Zamora

EXIT KING REALTY License #3419913

EXIT KING REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,402

Year Built

  • Built in 1975

Lot Details

  • 4.85 Acre Lot
  • East Facing Home
  • Property is zoned A-5

Parking

  • 1 Carport Space

Home Design

  • Stem Wall Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 2,906 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Tankless Water Heater
  • Water Softener
  • Septic Tank
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,402

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 2906
  • Lot Size Acres: 4.85
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 2906
  • Lot Size Sq Ft: 211266
  • Directions to Property: Head east on State Road 70; South on Highway 31; Home on left.
  • Status: Sold
  • Street Direction: SE
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 213008162
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 110.12
  • Total Acreage: 2 to less than 5
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 863-494-3600
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Split Bedroom
  • Appliances Included: Refrigerator, Tankless Water Heater, Water Softener
  • Foundation Details: Stem Wall
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 2413
  • ResoLivingAreaSource: Estimated
  • Living Area Meters: 269.98
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Other Structures: Guest House, Other, Storage
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Gravel
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • 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

Lot Info

  • Zoning: A-5
  • Parcel Number: 08-38-25-0000-0440-0000
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 19627

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 4402.21
  • Tax Block: 02
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Sep 20, 2022
Sold by
Wise Sheldon C and Wise Marci C
Bought by
Smucker Andrew R and Smucker Mary K
Seller's Agent
Megan Finke
THE AGENCY SARASOTA
Buyer's Agent
Margaret Mardis
RE/MAX PALM REALTY
List Price
$399,000
Sold Price
$275,000
Premium/Discount to List
-$124,000
-31.08%
Current Estimated Value
$362,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,074
Avg. Annual Appreciation
9.37%
Source: Public Records

Range of Values:

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Average Value
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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
Smucker Andrew R $275,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2024 02/02/24 Sold $320,000 -17.9% $110 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
09/24/2023 09/24/23 Price Changed $390,000 -2.3% $134 / Sq Ft
07/17/2023 07/17/23 Price Changed $399,000 -14.2% $137 / Sq Ft
07/05/2023 07/05/23 For Sale $465,000 +45.3% $160 / Sq Ft
07/04/2023 07/04/23 Off Market $320,000 -- --
05/02/2023 05/02/23 Price Changed $465,000 -2.1% $160 / Sq Ft
04/08/2023 04/08/23 For Sale $475,000 +72.7% $163 / Sq Ft
09/20/2022 09/20/22 Sold $275,000 -21.2% $190 / Sq Ft View Prior Sale
08/16/2022 08/16/22 Pending -- -- --
07/29/2022 07/29/22 Price Changed $349,000 -12.5% $241 / Sq Ft
05/18/2022 05/18/22 For Sale $399,000 -- $276 / 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 $4,663 $263,030 $106,700 $156,330
2023 $4,605 $254,956 $106,700 $148,256
2022 $4,402 $204,217 $0 $0
2021 $3,694 $185,652 $41,225 $144,427
2020 $3,576 $177,393 $41,225 $136,168
2019 $3,541 $175,772 $41,225 $134,547
2018 $3,310 $165,458 $0 $165,458
2017 $2,419 $143,493 $0 $143,493
2016 $2,961 $134,141 $0 $134,141
2015 $3,035 $134,594 $0 $134,594
2014 $2,754 $132,319 $0 $132,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7473792

Stellar MLS

APN: 08-38-25-0000-0440-0000