NOT LISTED FOR SALE

775 SE Highway 42 Summerfield, FL 34491

Estimated Value: $397,427 - $467,000

3 Beds
2 Baths
1,888 Sq Ft
$227/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $349,000 $185 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,479/month

95 Days on Market

Highlights

  • 2 Acre Lot
  • Cathedral Ceiling
  • Walk-In Closet
  • Open Floorplan
  • No HOA
  • French Doors

About This Home

As of August 2021

One of a kind home on two acres located centrally in between Ocala and The Villages! Property has so much to offer! The home is a three bedroom two bath home with over 1,800 square foot of living space! The garage has been converted and could be used as a master bedroom or another great room! Open floor plan perfect for entertaining and home also features fourth bedroom which could be used as such or as additional living room! Home also has new AC with high efficiency variable speed. Almost the entire yard is completely irrigated! Well motor is brand new! Windows are about four years old and double hung! Home also has alarm system! The home has been cared for and is in great shape! Out the back french doors is an outdoor kitchen perfect for enjoying evenings outside with the family! Home also features amazing workshop with its own 100 amp service panel and a backyard that is a must see!

Last Agent to Sell the Property

Corey Shipwash

NEXT GENERATION REALTY OF MARION COUNTY LLC License #3334914 Listed on: 04/10/2021

Last Buyer's Agent

Bobbie Jo Pardee

NEXT GENERATION REALTY OF MARION COUNTY LLC License #3301709

NEXT GENERATION REALTY OF MARION COUNTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,994

Year Built

  • Built in 2004

Lot Details

  • 2 Acre Lot
  • South Facing Home
  • Fenced
  • Irrigation
  • Property is zoned A1

Parking

  • 3 Car Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,888 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • French Doors

Kitchen

  • Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,994

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1888
  • Lot Size Acres: 2
  • New Construction: No
  • Year Built: 2004
  • Lot Size Sq Ft: 87120
  • Directions to Property: South on HWY 475. West on HWY 42. Property is on North side of road.
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM618111?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM618111?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 184.85
  • Close to Original List Price Ratio: 0.87469
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 775
  • Room Count: 6

Exterior Features

  • Direction Faces: South
  • Exterior Features: Fenced, French Doors, Irrigation System, Outdoor Grill, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Private Sewer
  • Water Source: Private
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: A1
  • Parcel Number: 44821-002-00
  • Additional Parcels: No
  • Flood Zone Code: x

Tax Info

  • Tax Annual Amount: 1993.68
  • Tax Block: 03
  • Tax Book Number: 8097
  • Tax Lot: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2021
Closed on
Aug 10, 2021
Sold by
Asbury Paul G and Asbury Christy M
Bought by
Marrero Carlos
Seller's Agent
Corey Shipwash
NEXT GENERATION REALTY OF MARION COUNTY LLC
Buyer's Agent
Bobbie Jo Pardee
NEXT GENERATION REALTY OF MARION COUNTY LLC
List Price
$389,000
Sold Price
$349,000
Premium/Discount to List
-$40,000
-10.28%
Current Estimated Value
$427,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,857
Avg. Annual Appreciation
5.13%
Original Mortgage
$314,100
Outstanding Balance
$286,230
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$141,627

Purchase Details

Closed on
May 26, 2021
Sold by
Asbury Paul G and Asbury Christy M
Bought by
Hunt Charles H
Source: Public Records

Range of Values:

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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
Marrero Carlos $349,000 Marion Lake Sumter Title Llc
Hunt Charles H -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marrero Carlos $314,100
Previous Owner Asbury Paul G $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2021 08/10/21 Sold $349,000 0.0% $185 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/09/2021 07/09/21 Price Changed $349,000 -10.3% $185 / Sq Ft
07/09/2021 07/09/21 For Sale $389,000 0.0% $206 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
04/29/2021 04/29/21 Price Changed $389,000 -2.5% $206 / Sq Ft
04/08/2021 04/08/21 For Sale $399,000 -- $211 / 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 $1,991 $152,212 -- --
2023 $1,936 $147,779 $0 $0
2022 $1,877 $143,475 $0 $0
2021 $2,059 $146,017 $0 $0
2020 $1,994 $141,159 $0 $0
2019 $1,961 $137,985 $0 $0
2018 $1,856 $135,412 $0 $0
2017 $1,821 $132,627 $0 $0
2016 $1,782 $129,899 $0 $0
2015 $1,791 $128,996 $0 $0
2014 $1,686 $127,972 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM618111

Stellar MLS

APN: 44821-002-00