NOT LISTED FOR SALE

Estimated Value: $1,920,675

20.21 Acres
$95,036 Price per Acre
880,348 Sq Ft Lot

Last Sold April 27, 2022

Last sale price $1,890,000 $734 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $10,556/month

Highlights

  • Oak Trees
  • Center Aisle Barn
  • Wood Fence
  • 20.21 Acre Lot
  • Zoned For Horses
  • Heating Available

About This Lot

As of April 2022

Gorgeous granddaddy oaks on this high and dry 20+ acres in the Farmland Preservation Area - only 15 minutes to the World Equestrian Center! This property is surrounded by some of the most rolling lush horse farms in the area. It currently houses two barns, a paved driveway, and gated entrance. Many perfect spots to build your dream home!

Last Agent to Sell the Property

Matt Varney

OCALA HORSE PROPERTIES, LLC License #3283666 Listed on: 04/13/2022

Last Buyer's Agent

DEE BECK

GOLDEN OCALA REAL ESTATE INC License #3056640

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $854

Lot Details

  • 20.21 Acre Lot
  • Lot Dimensions are 1130x790
  • Property fronts a county road
  • Rural Setting
  • North Facing Home
  • Wood Fence
  • Board Fence
  • Oak Trees
  • Property is zoned A1

Farming

  • Center Aisle Barn
  • Horse or Livestock Barn

Horse Facilities and Amenities

  • Zoned For Horses
  • Tack Room

Utilities

  • Well
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 07399-067-05

Property Details

Property Type

Land

Est. Annual Taxes

$854

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 20.21
  • Lot Size Sq Ft: 880348
  • Directions to Property: Travel North on NW Hwy 225A; turn right on NW 118th Street Road; farm on right
  • Status: Sold
  • Street Direction: NW
  • Total Acreage: 20 to less than 50
  • Ratio: Close Price\List Price: 0.96923
  • Price per Sq Ft: 2.15
  • Close to Original List Price Ratio: 0.96923
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 5900

Exterior Features

  • Direction Faces: North
  • Other Structures: Horse Barn, Barn(s)
  • Road Frontage Type: County Road
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Front Footage: 790
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12083C0303E

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electricity Available
  • Sewer: Septic Needed
  • Water Source: Well
  • Cooling Y N: No
  • Heating Yn: Yes

Lot Info

  • Zoning: A1
  • Parcel Number: 07399-067-05
  • Additional Parcels: No
  • Current Use: Horses, Farm
  • Fencing: Board, Wood
  • Lot Features: Rural, Zoned for Horses
  • Lot Dimensions: 1130x790
  • Horse Amenities: Center Aisle, Tack Room
  • Price Per Acre: 93518
  • Flood Zone Code: X500
  • Flood Zone Date: 2017-04-19
  • Current Adjacent Use: Residential

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 854
  • Tax Block: none
  • Tax Book Number: none
  • Tax Lot: none

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2020
Sold by
Brown Dorene
Bought by
Brown Dorene C and Dorene C Brown Revocable Trust
Current Estimated Value
$1,920,675

Purchase Details

Listed on
May 10, 2017
Closed on
Jul 18, 2019
Sold by
Lovell Warren and Lovell Leslie
Bought by
Brown Dorene
Seller's Agent
Robert Harden
SHOWCASE PROPERTIES OF CENTRAL
Buyer's Agent
George De Benedicty
PEGASUS REALTY & ASSOC INC
List Price
$1,195,000
Sold Price
$920,000
Premium/Discount to List
-$275,000
-23.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%

Purchase Details

Closed on
Sep 7, 2010
Sold by
Levitt Michael
Bought by
Lovell Warren and Lovell Leslie

Purchase Details

Closed on
Apr 11, 2007
Sold by
Lamberti Thomas E
Bought by
Levitt Michael

Purchase Details

Closed on
May 26, 2006
Sold by
Moog Peter A
Bought by
Lamberti Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
6.44%
Mortgage Type
Fannie Mae Freddie Mac
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
Brown Dorene C -- Accommodation
Brown Dorene $920,000 Attorney
Lovell Warren $925,000 Attorney
Levitt Michael $1,300,000 Attorney
Lamberti Thomas E $875,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lamberti Thomas E $562,500
Previous Owner Moog Peter A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2022 04/27/22 Sold $1,890,000 -3.1% $734 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $1,950,000 +112.0% $757 / Sq Ft
07/19/2019 07/19/19 Sold $920,000 -23.0% $363 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
05/10/2017 05/10/17 For Sale $1,195,000 -- $472 / 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
2024 $1,335 $71,055 -- --
2023 $1,047 $65,174 $0 $0
2022 $937 $56,787 $0 $0
2021 $854 $53,288 $39,200 $14,088
2020 $920 $42,634 $30,260 $12,374
2019 $6,926 $391,494 $199,795 $191,699
2018 $7,257 $430,014 $245,748 $184,266
2017 $7,888 $467,806 $289,703 $178,103
2016 $7,865 $461,413 $0 $0
2015 $7,976 $460,224 $0 $0
2014 $7,506 $455,439 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM637468

Stellar MLS

APN: 07399-067-05