NOT LISTED FOR SALE

32555 Rustic Oak Way Sorrento, FL 32776

Estimated Value: $2,301,020

25.27 Acres
$91,057 Price per Acre
1,100,761 Sq Ft Lot

Last Sold June 07, 2021

Last sale price $800,000 $297 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $13,635/month

1,206 Days on Market

Highlights

  • Barn
  • No HOA
  • Zoned For Horses
  • 25.27 Acre Lot
  • Pasture
  • Wood Fence

About This Lot

As of June 2021

Builders/Developers Behold! Here is your next great property to develop. This property is currently being used as a single family home and farm complete with barn and paddocks. The TRUE VALUE lies in the future land use of a 25 home development using the whole 25 acres. The zoning has already been approved. With the 429 making access to Sorrento easier, this property is gaining in value by the day. The Sellers are MOTIVATED so get this one before someone else does!!!

Last Agent to Sell the Property

Michael Davis

GREEN KEY REALTY LLC License #3617709 Listed on: 08/08/2017

Last Buyer's Agent

Michael Davis

GREEN KEY REALTY LLC License #3617709 Listed on: 08/08/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,184

Lot Details

  • 25.27 Acre Lot
  • Lot Dimensions are 1373x797x799
  • Wood Fence
  • Wire Fence
  • Level Lot
  • Property is zoned PUD

Farming

  • Barn
  • Pasture

Additional Features

  • Zoned For Horses
  • Septic Needed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 01200
  • Assessor Parcel Number 24-19-27-000200001200

Property Details

Property Type

Land

Est. Annual Taxes

$3,184

Lot Details

25.27 Acres

Listing Details

  • Property Type: Land
  • Lot Size Acres: 25.27
  • Lot Size Sq Ft: 1100761
  • Status: Sold
  • Ownership: Fee Simple
  • RATIO Current Price By Calculate: 0.73
  • Total Acreage: 20 to less than 50
  • Water Access YN: 0
  • Tax Year: 2020
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Other Equipment: Feeding Station(s)

Exterior Features

  • Other Structures: Barn(s)
  • Home Warranty: No
  • Waterfront: No
  • Disclosures: Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0

Utilities

  • Utilities: Electricity Available
  • Sewer: Septic Needed

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: PUD
  • Parcel Number: 24-19-27-000200001200
  • Additional Parcels: No
  • Current Use: Residential
  • Fencing: Wire, Wood
  • Lot Features: City Limits, Level, Pasture, Zoned for Horses
  • Lot Dimensions: 1373x797x799
  • Flood Zone Code: X
  • Current Adjacent Use: Residential

Tax Info

  • Tax Annual Amount: 3183.84
  • Tax Block: 000
  • Tax Book Number: ANGE-1
  • Tax Lot: 01200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2017
Closed on
Jun 7, 2021
Sold by
Davis Wiley Crook and Davis Ann
Bought by
Moser John Stacy and Moser Veronica Farradas
Seller's Agent
Michael Davis
GREEN KEY REALTY LLC
Buyer's Agent
Michael Davis
GREEN KEY REALTY LLC
List Price
$849,000
Sold Price
$800,000
Premium/Discount to List
-$49,000
-5.77%
Current Estimated Value
$2,301,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,501,020
Avg. Annual Appreciation
24.74%

Purchase Details

Closed on
Apr 7, 2003
Sold by
Mills Katie R
Bought by
Mahan James P and Mahan Roberta K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,200
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 21, 1999
Sold by
Gantz Nat and Gantz Mary E
Bought by
Mills Katie R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moser John Stacy $800,000 Shipley Law Firm & Ttl Co
Mahan James P $51,500 --
Mills Katie R $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mahan James P $41,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2021 09/07/21 Off Market $800,000 -- --
06/07/2021 06/07/21 Sold $800,000 -5.8% $297 / Sq Ft
11/27/2020 11/27/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $849,000 +6.1% $315 / Sq Ft
08/08/2020 08/08/20 Off Market $800,000 -- --
08/27/2019 08/27/19 For Sale $849,000 +6.1% $315 / Sq Ft
08/16/2019 08/16/19 Off Market $800,000 -- --
08/15/2019 08/15/19 For Sale $849,000 +6.1% $315 / Sq Ft
07/29/2019 07/29/19 Off Market $800,000 -- --
08/08/2017 08/08/17 For Sale $849,000 -- $315 / Sq Ft
Source: Stellar MLS

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
2026 $19,950 $1,334,477 -- --
2025 $8,262 $1,298,477 -- --
2024 $8,262 $1,438,187 -- --
2023 $8,262 $530,313 $0 $0
2022 $8,387 $576,291 $0 $0
2021 $2,987 $188,364 $0 $0
2020 $3,184 $30,761 $0 $0
2019 $512 $27,936 $0 $0
2018 $3,164 $27,999 $0 $0
2017 $509 $28,061 $0 $0
2016 $518 $28,124 $0 $0
2015 $534 $28,187 $0 $0
2014 $541 $28,249 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Davis

    Seller's Agent in 2021

    Michael Davis

    GREEN KEY REALTY LLC

    (407) 491-2327

    1 in this area

    6 Total Sales

    Michael Davis
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Map

Source: Stellar MLS

MLS Number: O5529047

Stellar MLS

APN: 24-19-27-0002-000-01200

Florida Lake County Sorrento 32776

32555 Rustic Oak Way, Sorrento, FL

Not Listed for Sale

Lots

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Stellar MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

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

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