NOT LISTED FOR SALE

40611 Grays Airport Rd Lady Lake, FL 32159

Estimated Value: $623,000 - $850,753

3 Beds
3 Baths
2,860 Sq Ft
$259/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $480,000 $168 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,672/month

20 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Pond View
  • Engineered Wood Flooring
  • Home fronts a pond
  • 12.5 Acre Lot
  • Cathedral Ceiling

About This Home

As of October 2018

Priced below sellers recent appraisal! What an amazing opportunity to own this 12.5 acre country retreat / family compound only minutes from the Villages! When you first pull up to your fenced and gated property, you will drive through a two and a half acre parcel (deeded separately, included in sale) that leads you to a nicely shaped 10 acre, pond front parcel. On it, a beautiful custom built, solid block and brick home and a 40x80 metal building with an extra thick slab for equipment, its own septic, 200 amp electric service and RV hookup. When you walk in the front door of your custom home, you will be greeted with beautiful light wood floors, cathedral ceilings, a gas fireplace, and a view of your pond over a lovely, sloping elevation change. The living area sits level with your open kitchen and formal dining room through double doors to the side. To the right of your entry you have a split level wing boasting a large family room, bedroom and laundry to the lower split, and a large master bedroom / bath with access to a private balcony and a second bedroom on the upper. Back on your main level, you also have a large walk in pantry with a hidden "safe room" just below the floor. This is a 6x8 concrete bunker for storms, storage, etc, equipped with ventilation and power / water hookups. Other pluses include a metal roof, 400 amp main home service, 2 on demand hot water heaters, new ac in 2014, solid wood cabinets in kitchen and new carpet / paint in the bedrooms and family room! Fenced / gated.

Last Agent to Sell the Property

Alex VonHartman

CARLINO REAL ESTATE GROUP INC License #3230078 Listed on: 08/01/2018

Last Buyer's Agent

Alex VonHartman

CARLINO REAL ESTATE GROUP INC License #3230078 Listed on: 08/01/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,563

Year Built

  • Built in 2003

Lot Details

  • 12.5 Acre Lot
  • Home fronts a pond
  • 300 Feet of Waterfront
  • Fenced
  • 2 Lots in the community
  • Additional Parcels

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,860 Sq Ft Home
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Pond Views

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Access To Pond

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Unincorporated Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,563

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Brick, Stucco
  • Fireplace: Yes
  • Living Area: 2860
  • Lot Size Acres: 12.5
  • New Construction: No
  • Year Built: 2003
  • Lot Size Sq Ft: 544500
  • Number Of Lots: 2
  • Directions to Property: From the corner of Lake Griffin Rd and Grays Airport Rd, Head North on Grays Airport. Follow just over a mile. You will see a sign on your left and a gated entrance!
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5004470&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5004470&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 10 to less than 20
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9697
  • Price per Sq Ft: 167.83
  • Close to Original List Price Ratio: 0.9697
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Engineered Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding
  • Appliances Included: Cooktop, Dishwasher, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Street Number Modifier: 40611
  • Room Count: 9
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Fenced
  • Roof: Metal
  • Pool Private: No
  • Water Body Name: -Pond-
  • Waterfront: Yes
  • Water View: Pond
  • Water Access: Pond
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12069C0160E
  • Waterfront Frontage: 300
  • Water Frontage Feet Pond: 300
  • Additional Water Information: Pond Frontage feet is approximate

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: R-1
  • Parcel Number: 10-18-24-000100000700
  • Additional Parcels Description: 1238455
  • Additional Parcels: Yes
  • Flood Zone Code: A
  • Flood Zone Date: 2012-12-18
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2563
  • Tax Block: 0000
  • Tax Book Number: 000
  • Tax Lot: 0000

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Oct 31, 2018
Sold by
Stalvey Brian R and Stalvey Gina A
Bought by
Pead Christopher and Pead Mary Elizabeth
Seller's Agent
Alex VonHartman
CARLINO REAL ESTATE GROUP INC
Buyer's Agent
Alex VonHartman
CARLINO REAL ESTATE GROUP INC
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%
Current Estimated Value
$740,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,918
Avg. Annual Appreciation
7.58%
Original Mortgage
$432,000
Outstanding Balance
$282,669
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$506,720
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
Pead Christopher $480,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pead Christopher $432,000
Previous Owner Stalvey Brian R $154,000
Previous Owner Stalvey Brian R $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $480,000 -3.0% $168 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $495,000 -- $173 / 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
2025 $7,622 $579,813 $297,045 $282,768
2024 $7,622 $647,313 $364,545 $282,768
2023 $7,622 $603,350 $325,665 $277,685
2022 $6,747 $509,962 $241,245 $268,717
2021 $5,593 $378,421 $0 $0
2020 $5,999 $379,991 $0 $0
2019 $5,980 $371,318 $0 $0
2018 $2,645 $192,641 $0 $0
2017 $2,222 $188,726 $0 $0
2016 $2,554 $184,891 $0 $0
2015 $2,271 $183,622 $0 $0
2014 $2,269 $182,183 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5004470

Stellar MLS

APN: 10-18-24-0001-000-00700