NOT LISTED FOR SALE

3600 SE Highway 42 Summerfield, FL 34491

Estimated Value: $655,000 - $2,642,330

38 Acres
$39,643 Price per Acre
1,655,280 Sq Ft Lot

Last Sold October 29, 2018

Last sale price $630,000 $126 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $8,908/month

256 Days on Market

Highlights

  • Barn
  • No HOA
  • Pasture
  • 38 Acre Lot

About This Lot

As of October 2018

Amazing opportunity to purchase a large farm at a great price. The farm features 3 barns, 56 stalls, a 5/8 of a mile track, well placed viewing stand, additional office in one of the barns, and much more. 2 residences on property, pool at main residence.

Last Agent to Sell the Property

Carlos Tobon

KELLER WILLIAMS CORNERSTONE RE License #3281136 Listed on: 12/18/2017

KELLER WILLIAMS CORNERSTONE RE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,149

Year Built

  • Built in 1986

Lot Details

  • 38 Acre Lot
  • Property fronts a highway
  • Cleared Lot
  • Property is zoned A-1 General Agriculture

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Farming

  • Barn
  • Pasture

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 12/18/17
  • Assessor Parcel Number 44761-000-00

Property Details

Property Type

Land

Est. Annual Taxes

$7,149

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Fireplace: No
  • Lot Size Acres: 38
  • Year Built: 1986
  • Lot Size Sq Ft: 2371842
  • Status: Sold
  • Street Direction: SE
  • RATIO Current Price By Calculate: 0.27
  • Total Acreage: 20 to less than 50
  • Water Access YN: 0
  • Barn Features: Center Aisle,Horse Barn
  • Last Date Available: 2018-12-15T00:00:00.000
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Other Structures: Barn(s)
  • Exterior Features: Other
  • Road Frontage Type: Highway
  • Water View YN: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: A-1 General Agriculture
  • Parcel Number: 44761-000-00
  • Additional Parcels: No
  • Lot Features: Cleared, In County, Pasture

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2017-12-18
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 7149

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2017
Closed on
Oct 29, 2018
Sold by
Sasha Of Florida
Bought by
Tibbs Jason
Seller's Agent
Carlos Tobon
KELLER WILLIAMS CORNERSTONE RE
List Price
$695,000
Sold Price
$630,000
Premium/Discount to List
-$65,000
-9.35%
Current Estimated Value
$1,506,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$876,443
Avg. Annual Appreciation
13.26%

Purchase Details

Closed on
Nov 28, 2012
Sold by
Murphy Robert A and Price Murphy Sandy L
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Feb 17, 2005
Sold by
All Seven Co
Bought by
Murphy Robert A and Price Murphy Dr Sandy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.69%
Mortgage Type
Seller Take Back
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
Tibbs Jason $630,000 Marion Lake Sumter Title Llc
The Bank Of New York Mellon $1,948,100 First International Title
Murphy Robert A $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Robert A $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2020 05/10/20 Off Market $560,000 -- --
10/29/2018 10/29/18 Sold $630,000 -9.4% $126 / Sq Ft
09/01/2018 09/01/18 Pending -- -- --
12/18/2017 12/18/17 For Sale $695,000 +24.1% $139 / Sq Ft
08/29/2013 08/29/13 Sold $560,000 -20.0% $110 / Sq Ft View Prior Sale
08/07/2013 08/07/13 Pending -- -- --
08/05/2013 08/05/13 For Sale $699,900 -- $137 / 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 $12,098 $679,452 -- --
2023 $10,569 $618,469 $0 $0
2022 $10,098 $579,650 $0 $0
2021 $9,466 $527,118 $54,616 $472,502
2020 $9,508 $525,715 $54,616 $471,099
2019 $9,639 $527,884 $54,616 $473,268
2018 $10,285 $595,374 $52,396 $542,978
2017 $10,544 $609,736 $52,396 $557,340
2016 $7,149 $406,352 $0 $0
2015 $10,704 $597,776 $0 $0
2014 $9,807 $573,456 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carlos Tobon

    Seller's Agent in 2018

    Carlos Tobon

    KELLER WILLIAMS CORNERSTONE RE

    (352) 283-0406

    33 in this area

    237 Total Sales

    Carlos Tobon
    Section Image
  • Clay Lehman

    Seller's Agent in 2013

    Clay Lehman

    RESOLUTE REAL ESTATE LLC

    (352) 812-2807

    5 in this area

    80 Total Sales

    Clay Lehman
    Section Image
  • Gilma Carmona

    Buyer's Agent in 2013

    Gilma Carmona

    PEGASUS REALTY & ASSOC INC

    (352) 875-7250

    8 in this area

    75 Total Sales

    Gilma Carmona
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM528725

Stellar MLS

APN: 44761-000-00

Florida Marion County Summerfield 34491

3600 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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