NOT LISTED FOR SALE

855 E Highway 316 Citra, FL 32113

Estimated Value: $413,000 - $1,345,695

5 Beds
3 Baths
2,413 Sq Ft
$394/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $1,875,000 $777 Per Sq Ft

Est. 49% decrease in value since last sale

Current estimated payment $6,329/month

276 Days on Market

Highlights

  • Guest House
  • 30.6 Acre Lot
  • Living Room with Fireplace
  • Stables
  • Open Floorplan
  • Main Floor Primary Bedroom

About This Home

As of March 2023

On a picturesque countryside setting situated between both Ocala and Gainesville, this 30-acre horse farm offers a variety of amenities to suit the active equestrian. With multiple residences and a great location across from renowned Eventing trainers, the farm is set up for year-round training and offers plenty of income producing potential. Just a short drive from both the World Equestrian Center and HITS, this stunning farm offers a gated main entrance, with new asphalt driveways in place. The main home is a spacious 5-bedroom, 3-baths with high, vaulted ceilings and an open split-bedroom floor plan. Well-suited for entertaining, the home's eat-in kitchen includes an adjacent breakfast nook, stainless steel appliances, and stone countertops overlooking the main living space and its stunning floor-to-ceiling fireplace. An enclosed Florida room offers plenty of room for entertaining, with stunning views out to the surrounding farm. A studio rental is attached to the home for extra income producing potential! A 14-stall post-and-beam barn features heavy duty rubber flooring and 36" fans in each stall and rubber brick paver flooring in the other spaces, with 2 AC'd tack rooms, dual barn washers, and a 2-bedroom, 2-bath attached apartment. 8 board-fenced paddocks are irrigated and range in size from one to two acres each. A groomed riding arena, round pen, 3-bay hot/cold wash rack, separate hay shed with feed room, and two equipment buildings add to the functionality of the property. For RV's, the property offers four 30 amp hookups with water and two 50 amp hookups with water and sewer. An additional 1-bedroom, 1-bath cottage offers a contemporary aesthetic and includes an attached carport. A 3-car detached carport is located near the main home, with another 2-car carport at the barn apartment. If you're looking for a farm that truly has everything in place to maintain an active equestrian lifestyle, look no further.

Last Agent to Sell the Property

Valerie Dailey

SHOWCASE PROPERTIES OF CENTRAL License #3143790 Listed on: 05/09/2022

Co-Listed By

Mary O'Neal

SHOWCASE PROPERTIES OF CENTRAL License #3090915

Last Buyer's Agent

Matt Varney

OCALA HORSE PROPERTIES, LLC License #3283666

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,824

Year Built

  • Built in 1995

Lot Details

  • 30.6 Acre Lot
  • Lot Dimensions are 756x1753
  • South Facing Home
  • Cross Fenced
  • Wood Fence
  • Board Fence

Parking

  • Finished RV Port

Home Design

  • Property Attached
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,413 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Tile Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Additional Homes

  • Guest House

Farming

  • Center Aisle Barn
  • Barn Apartment
  • Barn Office
  • Horse or Livestock Barn
  • Feed Room
  • Pasture

Horse Facilities and Amenities

  • Wash Rack
  • Zoned For Horses
  • Corral
  • Paddocks: 8
  • Tack Room
  • Hay Storage
  • Round Pen
  • Stables
  • Arena

Utilities

  • Central Air
  • Heating Available
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 07619-005-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,824

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Farm
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 2413
  • Lot Size Acres: 30.6
  • New Construction: No
  • Year Built: 1995
  • Building Area Total: 2908
  • Lot Size Sq Ft: 1332936
  • Status: Sold
  • Street Direction: E
  • Homestead Y N: No
  • Total Acreage: 20 to less than 50
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.89286
  • Price per Sq Ft: 777.04
  • Close to Original List Price Ratio: 0.89286
  • Ratio: Current Price\Building Area Total: 644.77
  • View: No
  • Co List Office Mls Id: 271500260
  • Co List Office Phone: 352-351-4718
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Window Features: Blinds
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Barn Apartment, Barn Office, Horse Barn, Barn(s), Corral(s), Finished RV Port, Guest House, Shed(s), Storage, Workshop
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Number Of Wells: 2
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12083C0310D

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 2
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: A1
  • Parcel Number: 07619-005-00
  • Additional Parcels: No
  • Current Use: Horses, Livestock
  • Fencing: Board, Cross Fenced, Wood
  • Lot Features: Pasture, Zoned for Horses
  • Lot Dimensions: 756x1753
  • Property Attached Yn: Yes
  • Horse Amenities: Center Aisle, Equipment, Feed Room, Hay Storage, Hot Water, Tack Room, Wash Rack, Arena, Round Pen, Stable(s)
  • Flood Zone Code: X
  • Flood Zone Date: 2008-08-28
  • Number Of Paddocks Pastures: 8
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 8823.76
  • Tax Block: 00
  • Tax Book Number: 6201/0715
  • Tax Lot: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Mar 28, 2023
Sold by
Alexandres Investments Llc
Bought by
Bayley Holdings Florida Llc
Seller's Agent
Valerie Dailey
SHOWCASE PROPERTIES OF CENTRAL
Buyer's Agent
Matt Varney
OCALA HORSE PROPERTIES, LLC
List Price
$2,100,000
Sold Price
$1,875,000
Premium/Discount to List
-$225,000
-10.71%
Views
7
Current Estimated Value
$951,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$923,435
Avg. Annual Appreciation
-23.04%
Original Mortgage
$3,900,000
Outstanding Balance
$3,785,937
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
-$2,834,372

Purchase Details

Listed on
Jun 15, 2021
Closed on
Jul 28, 2021
Sold by
Hughes Eventing Llc
Bought by
Alexandres Investments Llc
Seller's Agent
Clayton Wagner
COMPASS FLORIDA LLC
Buyer's Agent
OUT OF AREA REALTOR
List Price
$1,400,000
Sold Price
$1,380,000
Premium/Discount to List
-$20,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.15%

Purchase Details

Closed on
Apr 20, 2015
Sold by
Scott Curtis H
Bought by
Hughes Eventing Llc
Source: Public Records

Range of Values:

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Average Value
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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
Bayley Holdings Florida Llc $1,875,000 --
Alexandres Investments Llc $1,380,000 Attorney
Hughes Eventing Llc $375,000 1St Quality Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bayley Holdings Florida Llc $3,900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2023 03/28/23 Sold $1,875,000 -10.7% $777 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
05/09/2022 05/09/22 For Sale $2,100,000 +52.2% $870 / Sq Ft
07/28/2021 07/28/21 Sold $1,380,000 -1.4% $572 / Sq Ft View Prior Sale
07/03/2021 07/03/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $1,400,000 -- $580 / 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 $15,884 $970,123 $405,888 $564,235
2023 $9,512 $561,829 $0 $0
2022 $9,191 $538,605 $0 $0
2021 $6,863 $378,320 $27,981 $350,339
2020 $6,838 $373,941 $21,281 $352,660
2019 $6,952 $376,770 $20,477 $356,293
2018 $6,304 $354,289 $17,118 $337,171
2017 $5,626 $311,329 $20,718 $290,611
2016 $5,666 $310,411 $0 $0
2015 $2,844 $153,326 $0 $0
2014 -- $149,582 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM638861

Stellar MLS

APN: 07619-005-00