NOT LISTED FOR SALE

3480 SE Highway 42 Summerfield, FL 34491

Estimated Value: $1,043,000 - $2,016,008

3 Beds
2.5 Baths
2,938 Sq Ft
$571/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $1,635,000 $557 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,271/month

67 Days on Market

Highlights

  • Guest House
  • 38.91 Acre Lot
  • Living Room with Fireplace
  • Arena
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of August 2021

Looking for a beautiful equestrian estate? This modern ranch style 3 bedroom, 2.5 home was built in 2019 with stunning custom features which include: Gourmet kitchen, butlers pantry, laundry room, mud room, office and large porches so you can enjoy the view of this farm. As you enter the home thru the foyer your eyes are drawn to the soaring high ceilings, custom wood beams and the wood-burning fireplace as you enter the great room. Gourmet kitchen features quartz countertops and backsplashes, farm - house sink, large island, gas cook-top, pot filler, Kitchen-aid appliance and cabinet lighting. Butler's pantry with wine rack, ice maker and plenty of storage room. Great room has French doors leading out to the lanai area. Office and guest bath. Split floor with 2 guest beds and bath being located on the West wing along with the laundry room. The entire East wing is dedicated to the owner's suite. Owner's suite features a private porch, ensuite bathroom with high ceilings, rain shower, garden tub, and dual sinks. The equestrian will enjoy the 12-stall horse barn with tack room, feed room and bathroom. 150'x 250' riding arena and 5 large paddocks with lush green rolling hills and beautiful oaks completes this package. You must see to this home to appreciate all the great features.

Last Agent to Sell the Property

Joan Pletcher

JOAN PLETCHER License #0609547 Listed on: 05/25/2021

Last Buyer's Agent

OUT OF AREA REALTOR

License #66666

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,321

Year Built

  • Built in 2019

Lot Details

  • 38.91 Acre Lot
  • Southwest Facing Home
  • Dog Run
  • Cross Fenced
  • Vinyl Fence
  • Wood Fence
  • Mature Landscaping
  • Oversized Lot
  • Gentle Sloping Lot
  • Irrigation
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned A1

Home Design

  • Farm
  • Stem Wall Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Cement Siding

Interior Spaces

  • 2,938 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • French Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Den
  • Inside Utility
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Oversized Parking
  • Circular Driveway
  • Guest Parking

Outdoor Features

  • Wrap Around Porch
  • Screened Patio
  • Exterior Lighting
  • Rain Gutters

Additional Homes

  • Guest House

Schools

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

Farming

  • Center Aisle Barn
  • Horse or Livestock Barn
  • Feed Room
  • Fly Spray System
  • Pasture

Horse Facilities and Amenities

  • Zoned For Horses
  • Paddocks: 5
  • Tack Room
  • Arena

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Propane
  • Well
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

Property Details

Property Type

Other

Est. Annual Taxes

$8,321

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Farm
  • Architectural Style: Ranch
  • Construction Materials: Cement Siding, Wood Frame
  • Fireplace: Yes
  • Living Area: 2938
  • Lot Size Acres: 38.91
  • New Construction: No
  • Year Built: 2019
  • Building Area Total: 4997
  • Lot Size Sq Ft: 1694920
  • Directions to Property: From Ocala - Travel South on Hwy 301 - Turn Right (West) on County Road 42 - Property will be on the left (South) side of the road.
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM620608?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM620608?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 20 to less than 50
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.88505
  • Price per Sq Ft: 556.5
  • Close to Original List Price Ratio: 0.88505
  • Ratio: Current Price\Building Area Total: 327.2
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room, Other Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 3480
  • Room Count: 10
  • Additional Rooms: Den/Library/Office, Great Room, Inside Utility

Exterior Features

  • Direction Faces: Southwest
  • Other Structures: Horse Barn, Barn(s), Guest House, Kennel/Dog Run
  • Exterior Features: Dog Run, Fenced, French Doors, Irrigation System, Lighting, Rain Gutters, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Porch, Rear Porch, Screened, Side Porch, Wrap Around
  • Road Surface Type: Paved, Concrete, Limerock
  • Water View Y N: No
  • Number Of Wells: 2
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Circular Driveway, Covered, Guest, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Propane, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 2
  • Cooling Y N: Yes
  • Heating Yn: Yes

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: A1
  • Parcel Number: 44774-000-00
  • Additional Parcels: No
  • Current Use: Horses, Livestock
  • Fencing: Cross Fenced, Vinyl, Wood
  • Lot Features: Cleared, Gentle Sloping, In County, Oversized Lot, Pasture, Zoned for Horses
  • Horse Amenities: Center Aisle, Feed Room, Fly Spray System, Hot Water, Tack Room, Arena
  • Flood Zone Code: x
  • Number Of Paddocks Pastures: 5

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 8321.45
  • Tax Block: NA
  • Tax Book Number: 6858/0802
  • Tax Lot: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Aug 30, 2021
Sold by
Tibbs Jason Dempsey and Mcginnis Timothy Eldon
Bought by
3480 Se Highway 42 Llc
Seller's Agent
Joan Pletcher
JOAN PLETCHER
Buyer's Agent
OUT OF AREA REALTOR
List Price
$1,847,350
Sold Price
$1,635,000
Premium/Discount to List
-$212,350
-11.49%
Current Estimated Value
$1,792,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,762
Avg. Annual Appreciation
0.64%
Source: Public Records

Range of Values:

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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
3480 Se Highway 42 Llc $1,635,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2021 08/30/21 Sold $1,635,000 -11.5% $557 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $1,847,350 0.0% $629 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $1,847,350 -- $629 / 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 $10,429 $756,803 -- --
2023 $10,429 $684,079 $0 $0
2022 $10,429 $636,681 $0 $0
2021 $8,394 $491,061 $29,669 $461,392
2020 $8,321 $482,931 $29,669 $453,262
2019 $1,294 $73,543 $3,307 $70,236
Source: Public Records

Agents Affiliated with this Home

  • Joan Pletcher

    Seller's Agent in 2021

    Joan Pletcher

    JOAN PLETCHER

    (352) 547-6434

    75 in this area

    214 Total Sales

    Joan Pletcher
    Section Image

  • O

    Buyer's Agent in 2021

    OUT OF AREA REALTOR

See All Agents

Map

Source: Stellar MLS

MLS Number: OM620608

Stellar MLS

APN: 44774-000-00

Florida Marion County Summerfield 34491

3480 SE Highway 42, 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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