NOT LISTED FOR SALE

320 E Oak St Arcadia, FL 34266

Estimated Value: $394,000 - $651,000

4 Beds
4.5 Baths
4,834 Sq Ft
$112/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $480,000 $99 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,521/month

137 Days on Market

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • The property is located in a historic district
  • Wood Flooring
  • Corner Lot

About This Home

As of November 2021

Gorgeous Post Victorian 1917 home with 7580 sq. ft. of Southern Charm. The actual year built is believed to be 1907, however, property appraiser has 1917. This home is one of the few w/ twelve ft. ceilings upstairs & downstairs, a basement, attic, pool and has been continuously updated & well maintained. It has the original hard wood floors upstairs and downstairs w/ornate wood carvings throughout. Enter into the large foyer of this magnificent home and be in awe of the large rooms and open floor plan. Downstairs rooms have 10’ solid wood pocket doors for privacy when needed. Foyer has a large staircase featuring 2 landings as well as a 2nd narrow staircase, once used by housekeepers, w/access from the kitchen to the upstairs living area. The huge master suite is located on the first floor & opens onto a covered lanai overlooking the sparkling pool. Large master bath & dressing room has an open handicap accessible shower and 2 big walk-in closets. Three bedrooms & three bathrooms upstairs along with a game room/library that extends the width of the house and could easily be converted to another bedroom. The home’s large kitchen has beautiful cherry wood cabinets, built-in desk and china cabinet along w/a separate butler’s pantry. Large formal dining room is ideal for entertaining. Perfect for family home or Bed & Breakfast. This home is a Historic Treasure

Last Agent to Sell the Property

Ashley Grimaldi

TURNER REALTY, INC. License #3360949 Listed on: 06/23/2021

Co-Listed By

Kaye Mercer

TURNER REALTY, INC. License #623536

Last Buyer's Agent

Kaye Mercer

TURNER REALTY, INC. License #623536

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,683

Year Built

  • Built in 1917

Lot Details

  • 0.55 Acre Lot
  • North Facing Home
  • Corner Lot
  • Historic Home
  • Property is zoned R-3

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 4,834 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Shades
  • Sliding Doors
  • Inside Utility
  • Home Security System
  • Basement

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Pool Lighting

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • The property is located in a historic district
  • City Lot

Schools

  • Memorial Elementary School
  • Desoto Middle School
  • Desoto County High School

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Propane
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Areadia Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,683

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Historical
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: Yes
  • Living Area: 4834
  • Lot Size Acres: 0.55
  • New Construction: No
  • Year Built: 1917
  • Building Area Total: 7580
  • Lot Size Sq Ft: 24088
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7445081?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7445081?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.93204
  • Price per Sq Ft: 99.3
  • Close to Original List Price Ratio: 0.91446
  • Ratio: Current Price\Building Area Total: 63.32
  • View: No
  • Co List Office Mls Id: 253500023
  • Co List Office Phone: 863-494-4777
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Decorative, Other Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Vinyl, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Master Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Thermostat, Walk-In Closet(s)
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Basement
  • Total Bedrooms: 4
  • Levels: Two
  • Stories: 2
  • Window Features: Shades
  • Room Count: 11
  • Additional Rooms: Inside Utility

Exterior Features

  • Direction Faces: North
  • Pool Features: Gunite, In Ground, Lighting, Salt Water
  • Exterior Features: Lighting, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Patio
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Propane, Public, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security System
  • Senior Community: No

Schools

  • Elementary School: Memorial Elementary School
  • High School: DeSoto County High School
  • Middle Or Junior School: DeSoto Middle School

Lot Info

  • Zoning: R-3
  • Parcel Number: 25-37-24-0012-0390-0040
  • Additional Parcels: No
  • Lot Features: Corner Lot, Historic District, City Lot, Sidewalk
  • Flood Zone Code: x

Tax Info

  • Tax Annual Amount: 6683.49
  • Tax Block: 39
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Nov 22, 2021
Sold by
Mercer Cray M and Mercer Kaye E
Bought by
Oneil Sivertsen T and Oneil Lauren
Seller's Agent
Ashley Grimaldi
TURNER REALTY, INC.
Buyer's Agent
Kaye Mercer
TURNER REALTY, INC.
List Price
$524,900
Sold Price
$480,000
Premium/Discount to List
-$44,900
-8.55%
Current Estimated Value
$540,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,718
Avg. Annual Appreciation
2.95%
Original Mortgage
$280,000
Outstanding Balance
$256,032
Interest Rate
2.99%
Mortgage Type
Seller Take Back
Estimated Equity
$284,686

Purchase Details

Closed on
Aug 12, 2019
Sold by
Mercer Cary M and Mercer Kaye E
Bought by
Mercer Cary M and Mercer Kaye E

Purchase Details

Closed on
Dec 18, 2015
Sold by
Mercer Cary M
Bought by
Grimaldi Ashley M and Mercer Cary M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oneil Sivertsen T $480,000 Arcadia Abstract & Ttl Co In
Mercer Cary M -- Accommodation
Grimaldi Ashley M -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oneil Sivertsen T $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2021 11/22/21 Sold $480,000 -6.8% $99 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
11/01/2021 11/01/21 Price Changed $515,000 -1.9% $107 / Sq Ft
09/18/2021 09/18/21 For Sale $524,900 0.0% $109 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
07/04/2021 07/04/21 For Sale $524,900 0.0% $109 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $524,900 -- $109 / 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 $8,253 $386,247 $10,000 $376,247
2023 $8,039 $370,930 $10,000 $360,930
2022 $9,519 $437,162 $10,000 $427,162
2021 $7,208 $310,759 $10,000 $300,759
2020 $6,683 $281,292 $10,000 $271,292
2019 $6,633 $275,271 $10,000 $265,271
2018 $3,311 $177,027 $0 $177,027
2017 $3,147 $173,386 $0 $173,386
2016 $3,228 $169,820 $0 $169,820
2015 $3,884 $151,587 $0 $151,587
2014 $2,273 $130,269 $0 $130,269
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7445081

Stellar MLS

APN: 25-37-24-0012-0390-0040