NOT LISTED FOR SALE

6973 W Highway 40 Ocala, FL 34482

Fellowship Neighborhood

Estimated Value: $472,922

4 Acres
$118,230 Price per Acre
174,240 Sq Ft Lot

Last Sold December 21, 2020

Last sale price $320,000

Est. 48% increase in value since last sale

Current estimated payment $2,858/month

168 Days on Market

Highlights

  • 4 Acre Lot
  • West Port High School Rated A-
  • Heating Available

About This Lot

As of December 2020

678 FT OF HWY SR 40 , WELL TRAVELED ROAD WITH GOOD EXPOSURE. M-1 ZONING (LIGHT
INDUSTRAL) WILL ACCOMEDATE MANY BUSINESS USES.

Last Agent to Sell the Property

David Williams

SHOWCASE PROPERTIES OF CENTRAL License #3097622 Listed on: 05/05/2020

Last Buyer's Agent

DEE BECK

GOLDEN OCALA REAL ESTATE INC License #3056640

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,519

Lot Details

  • 4 Acre Lot
  • Lot Dimensions are 220x645
  • Property fronts a highway
  • South Facing Home
  • Board Fence
  • Wire Fence
  • Cleared Lot
  • Property is zoned M-1

Utilities

  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 23191-000-00

Community Details

Overview

  • Neighborhood 9972 Comm Sr 40 Sw 80Th Ave/I75 W Subdivision

Recreation

  • Billboard

Property Details

Property Type

Land

Est. Annual Taxes

$4,519

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 4
  • Lot Size Sq Ft: 174240
  • Number Of Lots: 1
  • Directions to Property: HWY 40 WEST PAST AIRPORT ROAD APPROX.1 MILE TO PROPERTY ON RIGHT. (NEXT TO SHADOW TRAILERS)
  • Status: Sold
  • Street Direction: W
  • Total Acreage: 2 to less than 5
  • Subdivision Num: 9972
  • Ratio: Close Price\List Price: 0.91691
  • Price per Sq Ft: 1.84
  • Close to Original List Price Ratio: 0.95522
  • View: No
  • Ownership: Other
  • Tax Year: 2019
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 6973

Exterior Features

  • Direction Faces: South
  • Other Structures: Billboard
  • Road Frontage Type: Divided Highway, Highway, Main Throrughfare, State Road
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Front Footage: 220
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12083C0503E
  • Disclosures: None

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electrical Nearby, Electricity Available
  • Sewer: Septic Needed
  • Water Source: None, Public
  • Cooling Y N: No
  • Heating Yn: Yes

Lot Info

  • Zoning: M-1
  • Parcel Number: 23191-000-00
  • Additional Parcels: No
  • Current Use: Commercial
  • Fencing: Board, Wire
  • Lot Features: Buildable, Cleared, In County
  • Lot Dimensions: 220x645
  • Price Per Acre: 80000
  • Flood Zone Code: X
  • Flood Zone Date: 2017-04-19
  • Current Adjacent Use: Commercial, Vacant
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 24
  • Tax Block: N/A
  • Tax Book Number: Y/97,98
  • Tax Lot: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2020
Closed on
Dec 21, 2020
Sold by
Fairbanks Charles G and Fairbanks Rose M
Bought by
Golden Ocala Equestrian Land Llc
Seller's Agent
David Williams
SHOWCASE PROPERTIES OF CENTRAL
Buyer's Agent
DEE BECK
GOLDEN OCALA REAL ESTATE INC
List Price
$335,000
Sold Price
$320,000
Premium/Discount to List
-$15,000
-4.48%
Current Estimated Value
$472,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,922
Avg. Annual Appreciation
8.39%

Purchase Details

Closed on
Jul 2, 2013
Sold by
Fairbanks Charles G and Fairbanks Rose M
Bought by
Fairbanks Charles G and Fairbanks Rose M

Purchase Details

Closed on
Jul 10, 2007
Sold by
Fairbanks Charles G and Fairbanks Rose M
Bought by
Financial Fidelity Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2007
Sold by
Fairbanks Charles G and Fairbanks Rose M
Bought by
Linton Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$701,600
Interest Rate
6.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 26, 2006
Sold by
Fairbanks Charles G and Fairbanks Rose M
Bought by
Fairbanks Charles G and Fairbanks Rose M
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
Golden Ocala Equestrian Land Llc $320,000 Assured Title Services Llc
Fairbanks Charles G -- Attorney
Financial Fidelity Inc $480,000 Alpine Title Company
Linton Greg $781,600 Alpine Title Company
Fairbanks Charles G -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Financial Fidelity Inc $120,000
Previous Owner Linton Greg $701,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2020 12/21/20 Sold $320,000 -8.3% --
10/20/2020 10/20/20 Pending -- -- --
08/12/2020 08/12/20 Price Changed $349,000 +4.2% --
05/05/2020 05/05/20 For Sale $335,000 -- --
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 $4,519 $287,496 $287,496 --
2023 $4,556 $287,496 $287,496 $0
2022 $4,492 $277,913 $0 $0
2021 $4,169 $252,648 $252,648 $0
2020 $24 $540 $540 $0
2019 $24 $540 $540 $0
2018 $23 $520 $520 $0
2017 $23 $520 $520 $0
2016 $28 $520 $0 $0
2015 $32 $777 $0 $0
2014 $2,982 $176,457 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Williams

    Seller's Agent in 2020

    David Williams

    SHOWCASE PROPERTIES OF CENTRAL

    (352) 895-1000

    3 in this area

    14 Total Sales

    David Williams
    Section Image

  • D

    Buyer's Agent in 2020

    DEE BECK

    GOLDEN OCALA REAL ESTATE INC

    (352) 266-0177

    20 in this area

    34 Total Sales

    DEE BECK
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM602882

Stellar MLS

APN: 23191-000-00

Florida Marion County Ocala 34482 Fellowship

6973 W Highway 40, Ocala, FL

This home is located at 6973 W Highway 40, Ocala, FL 34482 since 05 May 2020 and is currently estimated at $472,922. 6973 W Highway 40 is a home located in Marion County with nearby schools including College Park Elementary School, Howard Middle School, and West Port 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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