NOT LISTED FOR SALE

3018 SE Highway 31 Arcadia, FL 34266

Estimated Value: $406,000 - $473,000

3 Beds
2 Baths
1,104 Sq Ft
$399/Sq Ft Est. Value

Last Sold January 05, 2021

Last sale price $309,000 $280 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,681/month

361 Days on Market

Highlights

  • Access To Creek
  • 50.5 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Oak Trees
  • No HOA
  • Ceiling Fan

About This Home

As of January 2021

Fifty Acres of beautiful Old Florida with shady oaks trees and creek running through. Tons of wildlife and great for hunting deer, hog and turkey. This property consists of 2 parcels being sold together - 40 acres vacant land (09-38-25-0000-0080-0000); home and 10 acres (16-38-25-0000-0110-0000). Cute 3 bed, 2 bath home with well and septic. Located on Hwy 31, just outside of Arcadia in DeSoto County. This parcel is a perfect location to create a country paradise with your own hunting and fishing. Zoned A-5. Taxes are for both parcels; taxes can significantly be reduced with ag exemption application. This beautiful property is priced to sell at only $8,000 per acre! Call today! Tractor attachments and gates that are in the yard of the house do not convey. Tenant occupied; drive by only; do not disturb tenant

Last Agent to Sell the Property

Melissa Bajsa

CMTG REAL ESTATE GROUP License #3252732 Listed on: 11/01/2019

Last Buyer's Agent

Oralia Ramirez

RMZ REALTY INC. License #3174844

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,249

Year Built

  • Built in 1956

Lot Details

  • 50.5 Acre Lot
  • North Facing Home
  • Oak Trees
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned A-5

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 1,104 Sq Ft Home
  • Ceiling Fan
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Access To Creek

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,249

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1104
  • Lot Size Acres: 50.5
  • New Construction: No
  • Year Built: 1956
  • Building Area Total: 1393
  • Lot Size Sq Ft: 2199780
  • Number Of Lots: 2
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4911948?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4911948?w=Customer
  • Homestead Y N: No
  • Total Acreage: 50 to less than 100
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.86072
  • Price per Sq Ft: 279.89
  • Close to Original List Price Ratio: 0.7725
  • Ratio: Current Price\Building Area Total: 221.82
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Roof: Metal
  • Pool Private: No
  • Water Body Name: Joshua Creek
  • Waterfront: No
  • Water Access: Creek
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12027C0187C

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: None
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Lot Info

  • Zoning: A-5
  • Parcel Number: 16-38-25-0000-0110-0000
  • Additional Parcels: Yes
  • Flood Zone Code: AE
  • Flood Zone Date: 2013-11-06
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 5249
  • Tax Block: x
  • Tax Lot: x

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2021
Sold by
Cruz Francisco Alfonso and Gomez Mercedes
Bought by
Cuuz Francisco Alfonso
Current Estimated Value
$440,160

Purchase Details

Listed on
Nov 1, 2019
Closed on
Jan 8, 2021
Sold by
Allen Charlotte L
Bought by
Cruz Francisco Alfonso and Delas Mercedes Gomez
Seller's Agent
Melissa Bajsa
CMTG REAL ESTATE GROUP
Buyer's Agent
Oralia Ramirez
RMZ REALTY INC.
List Price
$400,000
Sold Price
$309,000
Premium/Discount to List
-$91,000
-22.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$231,750
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2005
Sold by
Allen Charlotte
Bought by
Allen Charlotte L

Purchase Details

Closed on
Feb 4, 2005
Sold by
Grant Wilbur H
Bought by
Allen Charlotte
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cuuz Francisco Alfonso -- Mv Title Inc
Cruz Francisco Alfonso $309,000 Attorney
Allen Charlotte L -- --
Allen Charlotte -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cruz Francisco Alfonso $231,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2021 01/05/21 Sold $309,000 -13.9% $280 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
06/19/2020 06/19/20 Price Changed $359,000 -3.9% $325 / Sq Ft
05/27/2020 05/27/20 Price Changed $373,500 -0.1% $338 / Sq Ft
05/14/2020 05/14/20 Price Changed $374,000 -0.3% $339 / Sq Ft
02/10/2020 02/10/20 Price Changed $375,000 -3.8% $340 / Sq Ft
01/16/2020 01/16/20 Price Changed $389,900 -2.5% $353 / Sq Ft
11/01/2019 11/01/19 For Sale $400,000 -- $362 / 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 $4,578 $263,422 $168,000 $95,422
2023 $4,586 $259,484 $168,000 $91,484
2022 $4,743 $267,444 $168,000 $99,444
2021 $1,940 $87,789 $17,375 $70,414
2020 $1,829 $80,876 $0 $0
2019 $2,640 $130,326 $68,250 $62,076
2018 $2,465 $121,832 $0 $121,832
2017 $1,808 $112,268 $68,250 $44,018
2016 $1,180 $49,073 $11,425 $37,648
2015 $1,084 $41,943 $11,425 $30,518
2014 $978 $41,158 $11,235 $29,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4911948

Stellar MLS

APN: 16-38-25-0000-0110-0000