NOT LISTED FOR SALE

5050 Dixie Way Mims, FL 32754

Estimated Value: $924,000 - $1,148,716

5 Beds
3.5 Baths
3,579 Sq Ft
$289/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $600,000 $168 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,971/month

54 Days on Market

Highlights

  • Horses Allowed in Community
  • Custom Home
  • 4.43 Acre Lot
  • Corral
  • View of Trees or Woods
  • Open Floorplan

About This Home

As of September 2019

**Your serene oasis awaits!** This absolutely beautifully CUSTOM BUILT home sits on 4.5 ACRES of private luxury. You’ll know you’re HOME the moment you walk through the elegant glass front door, and step into your oversized tile foyer. A formal dining room showcasing BRAZILIAN CHESTNUT WOOD FLOORING, exquisite GLASS DESIGNED FRENCH DOORS, and a spacious office/den with custom built cabinets, shelving and desk/work spaces await! The Great Room opens to an impressive kitchen with ENDLESS TAILOR-MADE CABINETS, LARGE GAS RANGE, DOUBLE OVENS, STAINLESS STEEL APPLIANCES, GRANITE COUNTER TOPS, BREAKFAST BAR, dinette, pendant lights & a WALK-IN PANTRY! The laundry room is generously sized and features a sink, counter tops, cabinets and additional storage! Your bright & spacious MASTER RETREAT has an OVER SIZED WALK-IN CLOSET, en-suite with separate vanities & WALK-IN SHOWER with DOUBLE SHOWER HEADS and french doors leading to the patio. Wrought iron railing leads you to the spacious 2nd floor where you will find 4 spacious rooms & 2 full bathrooms. Two bedrooms lead to your 2nd floor covered patio haven overlooking your stunning acreage! Raise horses, chickens, plant a garden, store boats, jet-skis & even an RV! Wait until you see the view you get for the Rocket Launches!! Nothing short of AMAZING! Minutes away from World Class Fishing, I-95, US-1, Space Coast, Cape Canaveral, Indian River, Wildlife and Conservation areas, shops and dining and more. Don’t miss this private luxurious sanctuary!

Last Agent to Sell the Property

Jennifer Wemert

WEMERT GROUP REALTY LLC License #3044371 Listed on: 06/21/2019

WEMERT GROUP REALTY LLC

Co-Listed By

Tony Galarza

WEMERT GROUP REALTY LLC License #3219573

Last Buyer's Agent

Ramon Cepeda

CEPEDA REAL ESTATE LLC License #3060627

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,623

Year Built

  • Built in 2006

Lot Details

  • 4.43 Acre Lot
  • The property's road front is unimproved
  • Unincorporated Location
  • East Facing Home
  • Fenced
  • Level Lot
  • Wooded Lot
  • Landscaped with Trees
  • Property is zoned AU

Parking

  • 3 Car Attached Garage
  • Parking Pad
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Custom Home
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stone Siding
  • Siding
  • Stucco

Interior Spaces

  • 3,579 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Low Emissivity Windows
  • Blinds
  • Family Room Off Kitchen
  • Formal Dining Room
  • Den
  • Storage Room
  • Laundry Room
  • Inside Utility
  • Views of Woods
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Shed
  • Rain Gutters

Farming

  • Pasture

Horse Facilities and Amenities

  • Zoned For Horses
  • Corral

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Propane
  • Well
  • Water Softener
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Indian River Park Rep Sec 17 Subdivision

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,623

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Siding, Stone, Stucco
  • Fireplace: No
  • Living Area: 3579
  • Lot Size Acres: 4.43
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 5408
  • Lot Size Sq Ft: 192971
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5793476?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5793476?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.97879
  • Price per Sq Ft: 167.64
  • Close to Original List Price Ratio: 0.96931
  • Ratio: Current Price\Building Area Total: 110.95
  • View: Yes
  • Co List Office Mls Id: 261014414
  • Co List Office Phone: 407-796-9279
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Window Features: Blinds, Low Emissivity Windows
  • Room Count: 15
  • Additional Rooms: Attic, Den/Library/Office, Family Room, Formal Dining Room Separate, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Corral(s), Shed(s)
  • Exterior Features: Balcony, Fenced, Lighting, Outdoor Shower, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Patio, Rear Porch
  • Road Surface Type: Unimproved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12009C0105G
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side, Open, Oversized, Parking Pad, Workshop in Garage
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Propane
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Public Remarks Required: One or more photo(s) has been virtually staged.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Horses Allowed
  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: AU
  • Parcel Number: 20G-35-17-AL-00001.0-0001.03
  • Additional Parcels: No
  • Lot Features: In County, Level, Pasture, Unincorporated, Zoned for Horses
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Approval Process: Buyer to verify lease restrictions with city/county.
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Buyer to verify lease restrictions with city/county.

Tax Info

  • Tax Annual Amount: 3623
  • Tax Block: 1
  • Tax Book Number: 2-75
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2020
Sold by
White Dwayne
Bought by
Cepeda Ramon E and Cepeda Brandi
Current Estimated Value
$1,034,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,750
Interest Rate
3.4%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jun 21, 2019
Closed on
Sep 20, 2019
Sold by
Thompson Cynthia A and Thompson James E
Bought by
Cepeda Ramon Eurides and Cepeda Brandi
Seller's Agent
Jennifer Wemert
WEMERT GROUP REALTY LLC
Buyer's Agent
Ramon Cepeda
CEPEDA REAL ESTATE LLC
List Price
$619,000
Sold Price
$600,000
Premium/Discount to List
-$19,000
-3.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$430,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2018
Sold by
Thompson James E and Thompson Cynthia A
Bought by
Thompson Cynthia A and Thompson James E

Purchase Details

Closed on
Jul 31, 2007
Sold by
Meadows Horace and Meadows Barbara
Bought by
Meadows Horace and Meadows Barbara

Purchase Details

Closed on
Feb 14, 2005
Sold by
Meadows Lynn H and Meadows Tanya F
Bought by
Meadows Horace C and Meadows Barbara A

Purchase Details

Closed on
Jul 2, 2004
Sold by
Meadows Horace C and Meadows Barbara A
Bought by
Thompson James E and Thompson Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cepeda Ramon E $650,000 Fidelity Natl Ttl Of Fl Inc
Cepeda Ramon Eurides $600,000 Nona Title Inc
Thompson Cynthia A -- Attorney
Meadows Horace -- None Available
Meadows Horace C -- --
Thompson James E $44,300 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cepeda Ramon E $263,750
Previous Owner Cepeda Ramon Eurides $430,000
Previous Owner Thompson James E $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $600,000 -2.1% $168 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
08/02/2019 08/02/19 Price Changed $613,000 -1.0% $171 / Sq Ft
06/21/2019 06/21/19 For Sale $619,000 -- $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 $7,361 $570,530 -- --
2024 $7,299 $554,460 -- --
2023 $7,299 $538,320 $0 $0
2022 $6,874 $522,650 $0 $0
2021 $7,224 $507,430 $0 $0
2020 $6,644 $421,870 $97,860 $324,010
2019 $3,611 $244,580 $0 $0
2018 $3,623 $240,020 $0 $0
2017 $3,659 $235,090 $0 $0
2016 $3,714 $230,260 $84,240 $146,020
2015 $3,792 $228,660 $84,240 $144,420
2014 $3,817 $226,850 $67,390 $159,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5793476

Stellar MLS

APN: 20G-35-17-AL-00001.0-0001.03