NOT LISTED FOR SALE

2601 NW 140th St Citra, FL 32113

Estimated Value: $911,000 - $1,322,000

6 Beds
4.5 Baths
4,055 Sq Ft
$254/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $875,000 $216 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,813/month

125 Days on Market

Highlights

  • Additional Residence on Property
  • 27 Horse Stalls
  • Oak Trees
  • 11 Paddocks and Pastures
  • Barn
  • 26 Acre Lot

About This Home

As of November 2023

Well equipped 26 acre working horse farm in the highly sought after North west Ocala area and only 25 minutes drive from the World Equestrian Center now available. This lovely farm is surrounded by other sport horse facilities, and located on a beautiful Oak lined road where you will regularly encounter riders hacking horses.
This farm boasts three separate barns. First barn is a roomy 16 stall, poured concrete barn with two tack rooms and spacious wash rack. The second barn is a wooden barn with 11 stalls and 2 tack rooms. This barn is perfect for seasonal boarders or your overflow. Third barn is a 6 stall shed row with 4 crosstie areas and conveniently located close to some of the pastures.
White PVC fencing lines 11 large grassy pastures. Regulation size dressage ring with ggt footing and euro walker.
There are 4 residences total on the property making it a perfect income producing property. The main residence is a well maintained 4 bedroom 3 bath mobile. Two one bedroom one bath apartments are perfect for working students, seasonal rentals or Airbnb. Two bedroom two bath concrete block could be a managers home.
So many more extras make this farm a must see.

Last Agent to Sell the Property

Dean Graham

PEGASUS REALTY & ASSOC INC Brokerage Phone: 352-629-4505 License #3485684 Listed on: 05/02/2023

Last Buyer's Agent

Dean Graham

PEGASUS REALTY & ASSOC INC Brokerage Phone: 352-629-4505 License #3485684 Listed on: 05/02/2023

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $4,709

Year Built

  • Built in 2001

Lot Details

  • 26 Acre Lot
  • Lot Dimensions are 829x1263x800x1280
  • South Facing Home
  • Vinyl Fence
  • Private Lot
  • Level Lot
  • Cleared Lot
  • Oak Trees
  • Garden

Home Design

  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 4,055 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Garden Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Ground Level Parking
  • Driveway

Outdoor Features

  • 11 Paddocks and Pastures
  • Deck
  • Patio
  • Shed
  • Private Mailbox
  • Front Porch

Farming

  • Barn
  • Farm
  • Pasture

Horse Facilities and Amenities

  • Eurocizer
  • Zoned For Horses
  • 27 Horse Stalls
  • Corral
  • Round Pen
  • 3/8 to 1/2 Mile Equestrian Track
  • Horse Track
  • Race Track
  • Stables
  • Turf Track
  • Arena

Utilities

  • Central Air
  • Heat Pump System
  • 3 Water Wells
  • Electric Water Heater
  • 4 Septic Tanks
  • Phone Available

Additional Features

  • Additional Residence on Property
  • Double Wide

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 06870-001-00

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$4,709

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Farm
  • Construction Materials: Block, Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 4055
  • Lot Size Acres: 26
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 4055
  • Lot Size Sq Ft: 1132560
  • Status: Sold
  • Street Direction: NW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow City: Ocala
  • Escrow State: FL
  • Escrow Street Name: NE 25th Ave
  • RATIO Current Price By Calculate: 215.78
  • Total Acreage: 20 to less than 50
  • Water Access YN: 0
  • AG Exemption YN: 1
  • Barn Features: Barn Apartment,Block,Center Aisle,Equipment,Feed Room,Horse Barn,Hot Water,Tack Room,Washrack
  • Number Of Paddocks Pastures: 11
  • Number Of Stalls: 27
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Walk-In Closet(s)
  • Appliances Included: Cooktop, Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Block, Crawlspace, Pillar/Post/Pier
  • Total Bedrooms: 6
  • Levels: One
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 376.72

Exterior Features

  • Direction Faces: South
  • Other Structures: Additional Single Family Home, Barn(s), Corral(s), Guest House, Shed(s), Storage
  • Exterior Features: Garden, Private Mailbox, Storage
  • Roof: Shingle
  • Body Type: Double Wide
  • Pool Private: No
  • View: Garden
  • Waterfront: No
  • Patio and Porch Features: Deck, Front Porch, Patio, Porch, Rear Porch
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Farm Type: Horse,Livestock

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Ground Level

Utilities

  • Utilities: Electricity Connected, Phone Available
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 4
  • Number of Wells: 3

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: A1
  • Parcel Number: 06870-001-00
  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Features: Cleared, Farm, In County, Level, Pasture, Private, Paved, Zoned for Horses
  • Lot Dimensions: 829x1263x800x1280
  • Property Attached Yn: No
  • Horse Amenities: Track - 3/8 to 1/2 Mile, Arena, Eurocizer, Horse Track, Race Track, Round Pen, Stable(s), Turf Track
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 4708.73
  • Tax Block: 1
  • Tax Book Number: 1
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Oct 25, 2023
Sold by
Merle-Smith Nicolette and Merle-Smith Joel Allan
Bought by
Guinan Susan
Seller's Agent
Dean Graham
PEGASUS REALTY & ASSOC INC
Buyer's Agent
Dean Graham
PEGASUS REALTY & ASSOC INC
List Price
$1,200,000
Sold Price
$875,000
Premium/Discount to List
-$325,000
-27.08%
Views
60
Current Estimated Value
$1,030,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,481
Avg. Annual Appreciation
8.57%
Original Mortgage
$665,000
Outstanding Balance
$652,095
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$378,386

Purchase Details

Listed on
Mar 29, 2016
Closed on
Nov 15, 2016
Sold by
Markgraf David F and Markgraf Linda M
Bought by
Merle Smith Nicolette
Buyer's Agent
Alexa Perkiel
KELLER WILLIAMS CORNERSTONE RE
List Price
$675,000
Sold Price
$637,500
Premium/Discount to List
-$37,500
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%
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
Guinan Susan $875,000 Brick City Title
Guinan Susan $875,000 Brick City Title
Merle Smith Nicolette $637,500 Affoliated Title Of Cenrtal
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guinan Susan $665,000
Closed Guinan Susan $665,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2023 11/02/23 Sold $875,000 -27.1% $216 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $1,200,000 +88.2% $296 / Sq Ft
11/15/2016 11/15/16 Sold $637,500 -5.6% $255 / Sq Ft View Prior Sale
09/29/2016 09/29/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $675,000 -- $270 / 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 $4,709 $494,571 -- --
2023 $4,709 $315,150 $0 $0
2022 $4,709 $291,802 $0 $0
2021 $4,607 $276,879 $0 $0
2020 $4,595 $274,220 $0 $0
2019 $4,618 $272,984 $0 $0
2018 $4,320 $267,634 $0 $0
2017 $4,322 $266,728 $0 $266,728
2016 $4,030 $219,877 $0 $0
2015 $4,022 $209,805 $0 $0
2014 $3,654 $200,682 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM656896

Stellar MLS

APN: 06870-001-00