NOT LISTED FOR SALE

40 AC Mt Olive Rd Crestview, FL 32539

Estimated Value: $522,000 - $1,113,377

40 Acres
$20,442 Price per Acre
1,742,400 Sq Ft Lot

Last Sold May 07, 2014

Last sale price $125,000

Est. 554% increase in value since last sale

Current estimated payment $4,655/month

101 Days on Market

Highlights

  • 40 Acre Lot
  • Wooded Lot
  • Agricultural

About This Lot

As of May 2014

This is a beautifully wooded property, level, high & dry, with paved road frontage. Over 1300 feet estimated on Mt. Olive Road. Ideal development piece or country estate. The property is zoned Residential Rural (RR) and has a Future Land Use of Rural Residential, allowing 5 acre home sites, or as low as 1/2 acre home sites with conditions. See the Documents Section for information concerning allowable uses. There is a 60 ft strip of land along the south line of the property that has been deeded with the back 40+ acres of land that sold previously. This 40 acres has 2 parcel ID #s. Parcel ID#09-3N-22-0000-0002-0000 + Parcel ID#08-3N-22-0000-0001-0140, which is the triangular piece that extends the paved road frontage. Approximate acreage is 40 acres. Subject to mineral reservations of record.

Last Agent to Sell the Property

Kathy Wilhelm

ERA American Real Estate License #262450 Listed on: 01/20/2014

Last Buyer's Agent

Adrienne Wilkinson

ERA American Real Estate License #3270709

Property Details

Property Type

  • Land

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 1320x1329
  • Property fronts a county road
  • Wooded Lot
  • Property is zoned Agriculture, See Remarks

Schools

  • Northwood Elementary School
  • Davidson Middle School
  • Crestview High School

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 09-3N-22-0000-0002-0000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Agricultural
  • Prop. Type: Land
  • Lot Size Acres: 40.0
  • Lot Size: 1320X1329
  • Road Frontage Type: County Road
  • Road Surface Type: Paved Road
  • Directions: From the intersection of Highways 85 & 90, take Hwy 90 East from Crestview 6.8 miles to a left turn onto Mount Olive Road. Follow Mount Olive Rd 1.7 miles to Woolmac Drive. This property begins just n
  • Remarks Misc:Remarks: This is a beautifully wooded property, level, high & dry, with paved road frontage. Over 1300 feet estimated on Mt. Olive Road. Ideal development piece or country estate. The property is zoned Residential Rural (RR) and has a Future Land Use of Rural Residential, allowing 5 acre home sites, or as low as 1/2 acre home sites with conditions. See the Documents Section for information concerning allowable uses. There is a 60 ft strip of land along the south line of the property that has been deeded with the back 40+ acres of land that sold previously. This 40 acres has 2 parcel ID #s. Parcel ID#09-3N-22-0000-0002-0000 + Parcel ID#08-3N-22-0000-0001-0140, which is the triangular piece that extends the paved road frontage. Approximate acreage is 40 acres.
  • Utilities Electric: Yes
  • Special Features: RealEstateOwned

Exterior Features

  • Lot Features: Wooded

Utilities

  • Utilities: Electric

Schools

  • Elementary School: Northwood
  • High School: Crestview
  • Middle Or Junior School: Davidson

Lot Info

  • Lot Size Sq Ft: 1742400.0
  • Parcel #: 09-3N-22-0000-0002-0000
  • Zoning: Agriculture, See Remarks
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2016
Sold by
V & Giv Inc
Bought by
Gartman Eugene and Gartman Vidette
Current Estimated Value
$817,689

Purchase Details

Listed on
Jan 20, 2014
Closed on
May 7, 2014
Sold by
Exchange Bank Of Alabama
Bought by
V & G Iv Inc
Seller's Agent
Kathy Wilhelm
ERA American Real Estate
Buyer's Agent
Adrienne Wilkinson
ERA American Real Estate
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.46%

Purchase Details

Closed on
Nov 2, 2006
Sold by
Mcswain Juanita L and Mcswain Juanita S
Bought by
North Florida Capital Llc
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
Gartman Eugene -- Attorney
V & G Iv Inc $125,000 First National Land Title Co
North Florida Capital Llc $1,350,000 Madison Land Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2014 05/07/14 Sold $125,000 0.0% --
05/01/2014 05/01/14 Pending -- -- --
01/20/2014 01/20/14 For Sale $125,000 -- --
Source: Emerald Coast Association of REALTORS®

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
2025 $4,611 $509,353 -- --
2024 $4,398 $495,328 -- --
2023 $4,398 $481,242 $0 $0
2022 $4,255 $461,716 $0 $0
2021 $4,261 $446,683 $0 $0
2020 $4,239 $440,962 $20,303 $420,659
2019 $3,976 $408,982 $12,803 $396,179
2018 $3,803 $387,128 $0 $0
2017 $3,614 $361,854 $0 $0
2016 $166 $6,800 $6,800 $0
2015 $166 $6,800 $6,800 $0
2014 $1,837 $156,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathy Wilhelm

    Seller's Agent in 2014

    Kathy Wilhelm

    ERA American Real Estate

    (850) 423-5005

    29 in this area

    45 Total Sales

    Kathy Wilhelm
    Section Image
  • Adrienne Wilkinson

    Buyer's Agent in 2014

    Adrienne Wilkinson

    ERA American Real Estate

    (850) 496-4987

    11 in this area

    52 Total Sales

    Adrienne Wilkinson
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 579094

Emerald Coast Association of REALTORS®

APN: 09-3N-22-0000-0002-0000

Florida Okaloosa County Crestview 32539

40 AC Mt Olive Rd, Crestview, FL

Not Listed for Sale

Lots

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