NOT LISTED FOR SALE

2875 SE 159th Lane Rd Summerfield, FL 34491

Estimated Value: $334,000 - $392,000

3 Beds
2 Baths
1,696 Sq Ft
$209/Sq Ft Est. Value

Last Sold April 10, 2015

Last sale price $69,900 $41 Per Sq Ft

Est. 406% increase in value since last sale

Current estimated payment $2,020/month

154 Days on Market

Highlights

  • Race Track
  • No HOA
  • Screened Patio
  • 1.08 Acre Lot
  • 2 Car Attached Garage
  • Shed

About This Home

As of April 2015

Spacious 3 bedroom, 2 bath home in nice neighborhood. Warm up this winter next to the brick fireplace in family room. Open kitchen with plenty of cabinets and counter space, dining area. Tile and carpet flooring throughout. Screen enclosed lanai perfect for relaxing or entertaining. Bring the rocker for the covered front porch. Great 1.08 acre lot zoned A-1. Nice quiet family neighborhood.

Last Agent to Sell the Property

Steve Weitlauf

HOMERUN REALTY License #645183 Listed on: 10/09/2014

HOMERUN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,702

Year Built

  • Built in 1979

Lot Details

  • 1.08 Acre Lot
  • Cleared Lot
  • Property is zoned A-1 General Agriculture

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,696 Sq Ft Home
  • 1-Story Property
  • Dishwasher
  • Laundry in unit

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Screened Patio
  • Shed

Schools

  • Marion Oaks Elementary School
  • Belleview Middle School
  • Belleview High School

Horse Facilities and Amenities

  • Race Track

Utilities

  • Central Air
  • Heating Available
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Virmillion Subdivision

Listing and Financial Details

  • Property Available on 10/9/14
  • Assessor Parcel Number 44686-001-41

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,702

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1696
  • Lot Size Acres: 1.08
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 3036
  • Status: Sold
  • Street Direction: SE
  • RATIO Current Price By Calculate: 41.21
  • Total Acreage: One + to Two Acres
  • Water Access YN: 0
  • Barn Features: None
  • Last Date Available: 2015-07-09T00:00:00.000
  • Special Features: RealEstateOwned

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 2
  • Appliances Included: Dishwasher
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Patio and Porch Features: Patio, Screened
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Marion Oaks Elementary School
  • High School: Belleview High School
  • Middle Or Junior School: Belleview Middle School

Lot Info

  • Zoning: A-1 General Agriculture
  • Parcel Number: 44686-001-41
  • Additional Parcels: No
  • Lot Features: Cleared, Paved
  • Horse Amenities: None, Race Track

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2014-10-09
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 1702

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2018
Sold by
Britton Barry and Britton Judy
Bought by
Patrick Joseph Thomas
Current Estimated Value
$353,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Outstanding Balance
$84,587
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$269,399

Purchase Details

Listed on
Oct 9, 2014
Closed on
Apr 10, 2015
Sold by
Fannie Mae
Bought by
Britton Barry and Britton Judy
Seller's Agent
Steve Weitlauf
HOMERUN REALTY
List Price
$95,000
Sold Price
$69,900
Premium/Discount to List
-$25,100
-26.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.60%

Purchase Details

Closed on
Aug 19, 2014
Sold by
Estate Of Virginia Farro
Bought by
Federal National Mortgage Association
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
Patrick Joseph Thomas $115,000 Ocala Land Title Ins Agency
Britton Barry $69,900 None Available
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patrick Joseph Thomas $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2015 04/10/15 Sold $69,900 -26.4% $41 / Sq Ft
03/13/2015 03/13/15 Pending -- -- --
10/09/2014 10/09/14 For Sale $95,000 -- $56 / 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 $2,009 $149,167 -- --
2023 $1,955 $144,822 $0 $0
2022 $1,898 $140,604 $0 $0
2021 $1,891 $136,509 $0 $0
2020 $1,873 $134,624 $21,492 $113,132
2019 $1,844 $131,680 $21,492 $110,188
2018 $2,181 $117,477 $21,492 $95,985
2017 $2,060 $109,597 $15,660 $93,937
2016 $2,001 $105,738 $0 $0
2015 $1,919 $99,378 $0 $0
2014 $1,791 $96,651 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Weitlauf

    Seller's Agent in 2015

    Steve Weitlauf

    HOMERUN REALTY

    (352) 425-3455

    12 in this area

    70 Total Sales

    Steve Weitlauf
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Map

Source: Stellar MLS

MLS Number: OM415296

Stellar MLS

APN: 44683-001-41

Florida Marion County Summerfield 34491

2875 SE 159th Lane Rd, Summerfield, FL

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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