$4,200,000
SOLD OCT 15, 2025

504 E Tipton Rd Plant City, FL 33567

4 Beds
3 Baths
3,496 Sq Ft
173 Acres

Recently Sold

$1,201 Per Sq Ft

24% Below List Price

106 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Living Room with Fireplace
  • Access To Pond
  • 173 Acre Lot
  • Loft

About This Home

As of October 2025

173 acres of beautiful pasture land with three small lakes located just 2.4 miles south of SR 60 in Plant City, FL. The pasture land south of State Road 60 in Plant City, Florida, represents a vital aspect of the region's agricultural and rural character. Located in eastern Hillsborough County, this area has long been associated with farming, cattle grazing, and open spaces that contribute to Florida’s agricultural economy and natural beauty. The pasture lands are primarily used for cattle grazing, supporting Florida's beef industry. These lands also contribute to other agricultural activities, such as hay production and sometimes small-scale farming. The rural lifestyle and historical legacy tied to farming and ranching are central to the identity of the area. 3409 SF house with 2088 SF living area built in 1959 3839 SF house with 3496 SF living area built in 1992 1800 SF metal barn The subject property features three ponds, 21 acres, 3 acres and 3 acres. The two houses are serviced by septic tank. There are two wells which services the two houses and barn. Planned Development Number- PD-A 92-383 1. The maximum density must not exceed the land use plan category (A/M .05 DU/GA) 2. A maximum of 6 additional units may be developed on the 173 acre site. Minimum lot size for each unit is one acre. Minimum lot width shall be 150'. The units may be clustered to preserve agricultural uses elsewhere on the property. 3. Permitted and permissible uses of the property shall be that of the A/M (Agricultural/Mining) zoning district. Located in the Plant City area Prime investment opportunity Zoned for desired land use Ample acreage for development Strategic proximity to major highways Utilities readily available Potential for various development projects Attractive market for commercial ventures Surrounded by growing economic activity Opportunity for long-term appreciationThe poroperty has a second site built 2Bed/2 bath 2,088 sf home. It is block with a fireplace and carport and built in 1959. Bedroom 1 id 18 x 13 and bedroom 2 is 16 x 14. There is a 30 x 60 metal barn with 10' eve height and concrete floor. There are two wells with electric power units.

Last Agent to Sell the Property

Richard Dempsey

SAUNDERS REAL ESTATE, LLC Brokerage Phone: 863-648-1528 License #684309 Listed on: 04/28/2025

SAUNDERS REAL ESTATE, LLC

Co-Listed By

David Hitchcock

SAUNDERS REAL ESTATE, LLC Brokerage Phone: 863-648-1528 License #3147545

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,577

Year Built

  • Built in 1959

Lot Details

  • 173 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Dirt Road
  • West Facing Home
  • 3 Lots in the community
  • Additional Parcels
  • Property is zoned PD

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Pond

Home Design

  • Farm
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,496 Sq Ft Home
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Loft
  • Bonus Room

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Flooring

  • Parquet
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access To Pond
  • Access To Lake
  • Open Dock
  • Balcony

Farming

  • Cattle

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • 2 Water Wells
  • Electric Water Heater
  • 2 Septic Tanks

Community Details

  • No Home Owners Association
  • Unplatted Subdivision

Listing and Financial Details

  • Tax Block 5
  • Assessor Parcel Number U-04-30-22-ZZZ-000005-11750.0

Property Details

Property Type

Other

Est. Annual Taxes

$3,577

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Farm
  • Construction Materials: Block, Brick
  • Fireplace: Yes
  • Living Area: 3496
  • Lot Size Acres: 173
  • New Construction: No
  • Year Built: 1959
  • Building Area Total: 4286
  • Lot Size Sq Ft: 2326104
  • Number Of Lots: 3
  • Status: Sold
  • Street Direction: E
  • Co List Office Mls Id: MFR285000014
  • Co List Office Phone: 863-648-1528
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 398.18
  • Escrow State: FL
  • RATIO Current Price By Calculate: 1201.37
  • Total Acreage: 100 to less than 200
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Open
  • MFR_DockYN: 1
  • Attribution Contact: 863-648-1528
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Concrete, Parquet
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Thermostat, Walk-In Closet(s), Wet Bar
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Living Area Meters: 324.79

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Asphalt, Dirt
  • Water Access: Lake,Pond
  • Water View: Lake,Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12057C0440H
  • Additional Water Information: In addition to the lake, the property has two smaller pons/lakes on the property.
  • Farm Type: Cattle

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 2
  • Number of Wells: 2

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: PD
  • Parcel Number: U-04-30-22-ZZZ-000005-11750.0
  • Additional Parcels: Yes
  • Flood Zone Code: X

Rental Info

  • Additional Lease Restrictions: The property currently has a cattle lease. Both houses could be leased

Tax Info

  • Tax Annual Amount: 3577
  • Tax Block: 5
  • Tax Book Number: na
  • Tax Lot: na

Multi Family

  • Waterfront Features: Lake Front, Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2025
Closed on
Oct 14, 2025
Sold by
James Eldred Jones Jr Revocable Trust and Mccall Shannon
Bought by
Mathis Family Properties Llc
Seller's Agent
Richard Dempsey
SAUNDERS REAL ESTATE, LLC
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$5,499,000
Sold Price
$4,200,000
Premium/Discount to List
-$1,299,000
-23.62%
Views
180
Current Estimated Value
$2,605,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,595,000
Avg. Annual Appreciation
-77.52%
Original Mortgage
$2,500,000
Outstanding Balance
$2,500,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$105,000

Purchase Details

Listed on
Apr 28, 2025
Closed on
Oct 9, 2025
Sold by
James Eldred Jones Jr Revocable Trust and Mccall Shannon
Bought by
Mathis Family Properties Llc
Seller's Agent
Richard Dempsey
SAUNDERS REAL ESTATE, LLC
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$5,499,000
Sold Price
$4,200,000
Premium/Discount to List
-$1,299,000
-23.62%
Views
180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,500,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$105,000

Purchase Details

Closed on
Jul 11, 2024
Sold by
Jones James E
Bought by
James Eldred Jones Jr Revocable Trust and Jones
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $4,200,000 None Listed On Document
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,500,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 Sold $4,200,000 -20.0% $1,201 / Sq Ft
08/12/2025 08/12/25 Pending -- -- --
07/23/2025 07/23/25 Price Changed $5,250,000 -4.5% $1,502 / Sq Ft
04/28/2025 04/28/25 For Sale $5,499,000 -- $1,573 / 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
2025 $3,042 $515,977 -- --
2024 $3,042 $210,742 -- --
2023 $2,933 $204,614 $0 $0
2022 $2,825 $198,723 $0 $0
2021 $2,790 $192,961 $0 $0
2020 $2,754 $190,303 $15,860 $174,443
2019 $2,705 $186,034 $0 $0
2018 $2,728 $182,551 $0 $0
2017 $2,685 $265,827 $0 $0
2016 $2,656 $175,086 $0 $0
2015 $2,669 $173,871 $0 $0
2014 $2,661 $172,494 $0 $0
2013 -- $169,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6302549

Stellar MLS

APN: U-04-30-22-ZZZ-000005-11760.0