NOT LISTED FOR SALE

6810 SE Highway 42 Summerfield, FL 34491

Estimated Value: $1,101,702

7.11 Acres
$154,951 Price per Acre
309,712 Sq Ft Lot

Last Sold August 03, 2018

Last sale price $700,000

Est. 57% increase in value since last sale

Current estimated payment $6,855/month

134 Days on Market

Highlights

  • 7.11 Acre Lot
  • Corner Lot
  • No HOA

About This Lot

As of August 2018

Superb commercial opportunity, zoned B-4, ideally and uniquely located near heart of The Villages, one of the nations largest retirement communities. With 7.11 acres, this property, located on the southeast corner of US Highway 301 and Highway 42, has dedicated access to property from both Highways. This is an extremely high traffic area located 3 miles west of US Highway 441 and is the last undeveloped commercial corner between Belleview and Oxford. While this location is suited for many commercial business opportunities, it would be an excellent location for a large fuel filling station, restaurant, medical offices, pharmacy, or any other commercial business which would profit from a highly visible, easy accessible, high traffic area location.

Last Agent to Sell the Property

James Gallaway

ROBERTS REAL ESTATE INC License #3271849 Listed on: 10/10/2017

ROBERTS REAL ESTATE INC

Last Buyer's Agent

James Gallaway

ROBERTS REAL ESTATE INC License #3271849 Listed on: 10/10/2017

ROBERTS REAL ESTATE INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,561

Lot Details

  • 7.11 Acre Lot
  • Lot Dimensions are 600 x 516
  • Property fronts a highway
  • Corner Lot
  • Property is zoned B-4 Regional Business

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association
  • Vac Land Nonsub Subdivision

Listing and Financial Details

  • Property Available on 10/10/17
  • Assessor Parcel Number 48404-000-00

Property Details

Property Type

Land

Est. Annual Taxes

$6,561

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Commercial
  • Fireplace: No
  • Lot Size Acres: 7.11
  • Lot Size Sq Ft: 309712
  • Directions to Property: SE Corner of US HWY 301 and HWY 42
  • Status: Sold
  • Street Direction: SE
  • List Office Head Office Key Nume: 1044872
  • RATIO Current Price By Calculate: 2.26
  • Total Acreage: 5 to less than 10
  • Water Access YN: 0
  • Barn Features: None
  • Last Date Available: 2018-10-05T00:00:00.000
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Street Number Modifier: 6810
  • Room Count: 0

Exterior Features

  • Exterior Features: Other
  • Road Frontage Type: Highway
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Required

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: B-4 Regional Business
  • Parcel Number: 48404-000-00
  • Additional Parcels: No
  • Lot Features: Corner Lot, In County
  • Lot Dimensions: 600 x 516
  • Homestead YN: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2017-10-10
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 6561

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2017
Closed on
Aug 2, 2018
Sold by
Kaalberg Kenneth and Kaalberg Gloria J
Bought by
Milkyfe Llc
Seller's Agent
James Gallaway
ROBERTS REAL ESTATE INC
Buyer's Agent
James Gallaway
ROBERTS REAL ESTATE INC
List Price
$998,000
Sold Price
$700,000
Premium/Discount to List
-$298,000
-29.86%
Current Estimated Value
$1,101,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,702
Avg. Annual Appreciation
6.46%
Original Mortgage
$500,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2002
Sold by
Kaalberg Gloria Jean and Kaalberg Kellie
Bought by
Kaalberg Kenneth and Kaalberg Gloria Jean
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
Milkyfe Llc $700,000 Attorney
Kaalberg Kenneth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Milkyfe Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2018 08/03/18 Sold $700,000 -29.9% --
02/22/2018 02/22/18 Pending -- -- --
10/10/2017 10/10/17 For Sale $998,000 -- --
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 $12,929 $817,256 $794,424 $22,832
2023 $13,024 $817,256 $794,424 $22,832
2022 $13,093 $817,256 $794,424 $22,832
2021 $12,736 $770,044 $747,212 $22,832
2020 $11,658 $696,852 $696,852 $0
2019 $11,782 $696,852 $696,852 $0
2018 $9,259 $719,684 $696,852 $22,832
2017 $6,588 $399,716 $376,884 $22,832
2016 $6,561 $385,576 $0 $0
2015 $6,515 $350,524 $0 $0
2014 $5,649 $318,658 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    James Gallaway

    ROBERTS REAL ESTATE INC

    (352) 425-0345

    1 in this area

    12 Total Sales

    James Gallaway
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Map

Source: Stellar MLS

MLS Number: OM525419

Stellar MLS

APN: 48404-000-00

Florida Marion County Summerfield 34491

6810 SE Highway 42, Summerfield, FL

This home is located at 6810 SE Highway 42, Summerfield, FL 34491 since 10 October 2017 and is currently estimated at $1,101,702. 6810 SE Highway 42 is a home located in Marion County with nearby schools including Harbour View Elementary School, Lake Weir Middle School, and Belleview 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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