NOT LISTED FOR SALE

2525 SW 298th St Newberry, FL 32669

Estimated Value: $476,000 - $485,000

20 Acres
$24,245 Price per Acre
865,973 Sq Ft Lot

Last Sold October 27, 2015

Last sale price $134,500 $68 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $2,693/month

70 Days on Market

Highlights

  • Horses Allowed in Community
  • 19.88 Acre Lot
  • No HOA
  • Waterfront
  • Pole Barn
  • Level Lot

About This Lot

As of October 2015

Nice ~20acre homestead ready for your new home or choose to renovate the existing ~2000sf block residence. Home is of little value in current condition, however, the property provides an additional ~1360sf shop with rolling barn doors and separate pole barn. The home site is situated among large oaks, magnolia and pecan trees which provides a nice setting. Remainder of property consist primarily of ~16yr old planted pines with an estimated value of $1000/acre and could provide additional income if leased for pine straw harvesting. Owner is willing to divide into two ~10 acre parcels and sell improved or vacant portion. See MLS #365381 or #365387 for individual listings. Owner is willing to demo & remove dwelling if desired. Well - 4 inch. Open Builder.

Last Agent to Sell the Property

Joel Buzbee

G. BUZBEE REALTY License #3170805 Listed on: 07/06/2015

Last Buyer's Agent

Rebecca Burns

FLEXSURE REALTY SERVICES LLC License #3273908

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,425

Year Built

  • 1976

Lot Details

  • 19.88 Acre Lot
  • Waterfront
  • Level Lot

Schools

  • Newberry Elementary School
  • Oak View Middle School
  • Newberry High School

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 02516-001-000

Community Details

Overview

  • No Home Owners Association
  • The community has rules related to deed restrictions

Recreation

  • Horses Allowed in Community
  • Pole Barn
  • Separate Outdoor Workshop

Property Details

Property Type

Land

Est. Annual Taxes

$2,425

Year Built

1976

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 19.88
  • Lot Size Sq Ft: 865973
  • Directions to Property: From Newberry head West on SR26 (Newberry Road). Turn left onto SW 298th Street. Property will be on your left. Look for sign at driveway.
  • Status: Sold
  • Street Direction: SW
  • List Office Head Office Key Nume: 554709607
  • RATIO Current Price By Calculate: 0.16
  • Total Acreage: 10 to less than 20
  • Barn Features: Pole Barn
  • Tax Year: 2014
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1976

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 2525

Exterior Features

  • Other Structures: Workshop
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Disclosures: Other Disclosures
  • Price Per Acre: 7998

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Horses Allowed, None
  • Association: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Newberry Elementary School-AL
  • High School: Newberry High School-AL
  • Middle Or Junior School: Oak View Middle School

Lot Info

  • Parcel Number: 02516-001-000
  • Current Use: Residential
  • Fencing: Other
  • Lot Features: Level, Other
  • Lot Size Square Meters: 80452
  • Current Adjacent Use: Residential

Tax Info

  • Tax Annual Amount: 2425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2015
Closed on
Oct 27, 2015
Sold by
Pearson William H
Bought by
Elberty Nancy L
Seller's Agent
Joel Buzbee
G. BUZBEE REALTY
Buyer's Agent
Rebecca Burns
FLEXSURE REALTY SERVICES LLC
List Price
$159,000
Sold Price
$134,500
Premium/Discount to List
-$24,500
-15.41%
Total Days on Market
70
Current Estimated Value
$481,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,487
Avg. Annual Appreciation
14.22%

Purchase Details

Listed on
Feb 5, 2015
Closed on
Mar 24, 2015
Sold by
Mortgage Equity Conversion Asset Trust 2
Bought by
Pearson William H
Seller's Agent
Patricia Moser
HORIZON REALTY OF ALACHUA INC
Buyer's Agent
Joel Buzbee
G. BUZBEE REALTY
List Price
$68,000
Sold Price
$86,000
Premium/Discount to List
$18,000
26.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
113.40%

Purchase Details

Closed on
Dec 15, 2014
Sold by
Dehaven Donald L and Nationstar Mortgage Llc
Bought by
Us Bank National Association

Purchase Details

Closed on
Dec 11, 2014
Bought by
Elberty Nancy L

Purchase Details

Closed on
Jun 1, 1980
Bought by
Elberty Nancy L
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
Elberty Nancy L $134,500 Attorney
Pearson William H $86,000 First Intl Title Inc
Us Bank National Association $150,000 None Available
Elberty Nancy L $100 --
Elberty Nancy L $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dehaven Donald L $498,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Off Market $134,500 -- --
12/06/2021 12/06/21 Off Market $86,000 -- --
10/27/2015 10/27/15 Sold $134,500 -15.4% $68 / Sq Ft
09/11/2015 09/11/15 Pending -- -- --
07/03/2015 07/03/15 For Sale $159,000 +84.9% $81 / Sq Ft
03/24/2015 03/24/15 Sold $86,000 +26.5% $44 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $68,000 -- $34 / 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 $1,624 $189,104 -- --
2023 $1,624 $106,858 $0 $0
2022 $1,567 $103,935 $0 $0
2021 $1,540 $101,097 $0 $0
2020 $1,504 $99,791 $0 $0
2019 $1,587 $101,830 $0 $0
2018 $1,564 $100,100 $0 $0
2017 $4,671 $201,600 $119,300 $82,300
2016 $4,046 $162,300 $0 $0
2015 $2,624 $107,600 $0 $0
2014 $2,425 $99,100 $0 $0
2013 -- $96,200 $10,200 $86,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Joel Buzbee

    G. BUZBEE REALTY

    (352) 318-4700

    29 Total Sales

    Joel Buzbee
    Section Image
  • Patricia Moser

    Seller's Agent in 2015

    Patricia Moser

    HORIZON REALTY OF ALACHUA INC

    (386) 462-4020

    225 Total Sales

    Patricia Moser
    Section Image
  • Dee Edwards

    Seller Co-Listing Agent in 2015

    Dee Edwards

    HORIZON REALTY OF ALACHUA INC

    (352) 262-1355

    32 Total Sales

    Dee Edwards
    Section Image
  • Rebecca Burns

    Buyer's Agent in 2015

    Rebecca Burns

    FLEXSURE REALTY SERVICES LLC

    (352) 870-5272

    18 Total Sales

    Rebecca Burns
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: GC365385

Stellar MLS

APN: 02516-001-000

Florida Alachua County Newberry 32669

2525 SW 298th St, Newberry, FL

This home is located at 2525 SW 298th St, Newberry, FL 32669 since 06 July 2015 and is currently estimated at $481,987, approximately $244 per square foot. This property was built in 1976. 2525 SW 298th St is a home located in Alachua County with nearby schools including Newberry Elementary School and Newberry High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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