NOT LISTED FOR SALE

5219 NE 240th Terrace Melrose, FL 32666

Estimated Value: $56,630 - $67,000

5 Acres
$12,309 Price per Acre
217,800 Sq Ft Lot

Last Sold February 24, 2022

Last sale price $49,900

Est. 23% increase in value since last sale

Current estimated payment $464/month

54 Days on Market

About This Lot

As of February 2022

A 21-Oak Salute! Beautiful, quiet, peaceful 5-acre lot - dotted with over 20 grand-old oak trees with sweeping branches, large canopies and copious shade. Lot previously had a mobile home on it: well, septic and power are in place. Access via a deeded easement places this lot off of the main road (219-A) and provides additional privacy, peace and quiet. Perfect for camping, part-time RV-ing, snowbirds, etc...

Last Agent to Sell the Property

Todd Louis

COLDWELL BANKER M.M. PARRISH REALTORS License #0706822 Listed on: 12/10/2021

COLDWELL BANKER M.M. PARRISH REALTORS

Last Buyer's Agent

Todd Louis

COLDWELL BANKER M.M. PARRISH REALTORS License #0706822 Listed on: 12/10/2021

COLDWELL BANKER M.M. PARRISH REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,539

Lot Details

  • 5 Acre Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,539

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: From Gainesville Regional Airport: East on SR 26 +/- 14 miles to R 219-A, right (south) approximately .4 miles to NE 240th Terrace.
  • Lot Size: 248x886
  • Ownership: Fee Simple
  • Road Surface Type: Unimproved
  • Subdivision Name: N/A
  • Total Acreage: 5 to less than 10
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 0.23
  • Close to Original List Price Ratio: 0.83306
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No
  • Water View Y N: No
  • Front Footage: 248
  • Number Of Wells: 1
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12001C0355E

Garage/Parking

  • Open Parking: No

Utilities

  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Private
  • Water Source: Well
  • Number Of Septics: 1

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 217800
  • Zoning: A
  • Price Per Acre: 9980
  • Flood Zone Code: X
  • Flood Zone Date: 2018-11-02
  • Zoning Compatible Y N: Yes

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 876
  • Tax Lot: 006
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Feb 24, 2022
Sold by
Robin Chiappini
Bought by
Barnes Steven
Seller's Agent
Todd Louis
COLDWELL BANKER M.M. PARRISH REALTORS
Buyer's Agent
Todd Louis
COLDWELL BANKER M.M. PARRISH REALTORS
List Price
$49,900
Sold Price
$49,900
Current Estimated Value
$61,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,643
Avg. Annual Appreciation
6.17%
Original Mortgage
$37,425
Outstanding Balance
$15,135
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$46,367

Purchase Details

Closed on
Oct 17, 2019
Sold by
Ruley Kerry
Bought by
Robun Chiappinu

Purchase Details

Closed on
Apr 13, 2016
Bought by
Ruby Kelly C

Purchase Details

Closed on
Mar 20, 2012
Bought by
Ruby Kelly C
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
Barnes Steven $49,900 Holden Roscow & Caedington Pl
Robun Chiappinu -- None Available
Ruby Kelly C $100 --
Ruby Kelly C $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Steven $37,425
Previous Owner Ruby Joseph T $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $49,900 0.0% --
01/29/2022 01/29/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $49,900 0.0% --
01/06/2022 01/06/22 Off Market $49,900 -- --
12/12/2021 12/12/21 Pending -- -- --
12/06/2021 12/06/21 For Sale $59,900 -- --
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 $1,539 $75,000 $75,000 --
2023 $1,539 $75,000 $75,000 $0
2022 $873 $40,000 $40,000 $0
2021 $894 $40,000 $40,000 $0
2020 $893 $40,000 $40,000 $0
2019 $926 $40,000 $40,000 $0
2018 $576 $40,000 $40,000 $0
2017 $594 $40,000 $40,000 $0
2016 $1,404 $60,000 $0 $0
2015 $1,413 $60,000 $0 $0
2014 $1,406 $60,000 $0 $0
2013 -- $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Todd Louis

    COLDWELL BANKER M.M. PARRISH REALTORS

    (352) 316-6072

    6 in this area

    90 Total Sales

    Todd Louis
    Section Image
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Map

Source: Stellar MLS

MLS Number: GC501289

Stellar MLS

APN: 18872-001-006

Florida Alachua County Melrose 32666

5219 NE 240th Terrace, Melrose, FL

This home is located at 5219 NE 240th Terrace, Melrose, FL 32666 since 10 December 2021 and is currently estimated at $61,543. 5219 NE 240th Terrace is a home located in Alachua County with nearby schools including Chester Shell Elementary School and Hawthorne Middle/High School.

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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