NOT LISTED FOR SALE

8720 SW Otter Trail Arcadia, FL 34266

Estimated Value: $212,000 - $369,000

3 Beds
2 Baths
1,580 Sq Ft
$182/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $215,000 $136 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,781/month

5 Days on Market

Highlights

  • 5 Acre Lot
  • Wooded Lot
  • No HOA
  • Open Floorplan
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of March 2024

MULTIPLE OFFER SITUATION. HIGHEST AND BEST DUE BY 5PM ON MONDAY 2/19/2024 Set amidst five acres of scenic land, this property presents a harmonious fusion of natural splendor and opportunity. As you meander down the long, winding driveway, you'll be greeted by a charming three-bedroom, two-bathroom home perched atop stilts, providing a unique perspective of the surrounding landscape. Partially cleared and partially wooded, the land boasts a tranquil setting enveloped by a canopy of native Florida trees, offering privacy and seclusion. While the home has undergone recent renovations, there remains an opportunity for personalization, with unfinished flooring, incomplete kitchen setup, and some minor finishing touches awaiting your creative vision. Whether you're an investor seeking a lucrative opportunity or an individual yearning to create your own sanctuary, this property presents endless possibilities. Additionally, with its animal-friendly zoning, it's an ideal locale for those dreaming of starting their own mini-ranch. Embrace the allure of rural living while still being within reach of modern conveniences – make this property your home sweet home or capitalize on its potential as an investor's dream.

Last Agent to Sell the Property

Brandi Long

THE WILLIAMSON GROUP REALTY, I Brokerage Phone: 863-494-9009 License #3347368 Listed on: 02/14/2024

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,012

Year Built

  • Built in 1982

Lot Details

  • 5 Acre Lot
  • North Facing Home
  • Wooded Lot
  • Landscaped with Trees
  • Property is zoned RM

Home Design

  • Shingle Roof
  • Pile Dwellings

Interior Spaces

  • 1,580 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Combination Dining and Living Room
  • Wood Flooring
  • Eat-In Kitchen
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Schools

  • Desoto Middle School
  • Desoto County High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Hidden Acres Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,012

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 1580
  • Lot Size Acres: 5
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 4011
  • Lot Size Sq Ft: 217800
  • Directions to Property: HWY 72W, to SW Gator Trail, to SW Otter Trail, Property on Left--SEE SIGN
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 0
  • Escrow City: Punta Gorda
  • Escrow Postal Code: 33950
  • Escrow State: FL
  • Escrow Street Name: Madrid BLVD Ste 411
  • Escrow Street Number: 100
  • List Office Head Office Key Nume: 1037582
  • RATIO Current Price By Calculate: 136.08
  • Total Acreage: 5 to less than 10
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 863-494-9009
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom
  • Appliances Included: None
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 8720
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 146.79
  • Room Count: 6

Exterior Features

  • Direction Faces: North
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: None
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2013-11-06
  • Flood Zone Panel: 12027C0161C

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: None
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • High School: DeSoto County High School
  • Middle Or Junior School: DeSoto Middle School

Lot Info

  • Zoning: RM
  • Parcel Number: 14-38-23-0191-00G0-0030
  • Additional Parcels: No
  • Lot Features: In County, Paved
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 20234

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 3012
  • Tax Block: G
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Mar 11, 2024
Sold by
Lewis Shelby D and Lewis Sylvia M
Bought by
Asm Property Management Llc
Seller's Agent
Brandi Long
THE WILLIAMSON GROUP REALTY, I
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$199,000
Sold Price
$215,000
Premium/Discount to List
$16,000
8.04%
Views
70
Current Estimated Value
$287,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,281
Avg. Annual Appreciation
19.99%
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
Asm Property Management Llc -- Oak & Ink Land And Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2024 03/11/24 Sold $215,000 +8.0% $136 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $199,000 -- $126 / 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 $3,139 $248,048 $100,000 $148,048
2023 $3,012 $242,125 $100,000 $142,125
2022 $3,961 $145,155 $0 $0
2021 $3,004 $186,144 $60,000 $126,144
2020 $2,898 $187,025 $60,000 $127,025
2019 $2,863 $198,573 $60,000 $138,573
2018 $2,640 $177,035 $0 $177,035
2017 $1,881 $146,079 $0 $146,079
2016 $2,000 $112,067 $0 $112,067
2015 $1,677 $74,176 $0 $74,176
2014 $932 $77,610 $0 $77,610
Source: Public Records

Agents Affiliated with this Home

  • Brandi Long

    Seller's Agent in 2024

    Brandi Long

    THE WILLIAMSON GROUP REALTY, I

    (863) 990-7256

    347 in this area

    526 Total Sales

    Brandi Long
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Map

Source: Stellar MLS

MLS Number: C7488016

Stellar MLS

APN: 14-38-23-0191-00G0-0030

Florida DeSoto County Arcadia 34266

8720 SW Otter Trail, Arcadia, FL

This home is located at 8720 SW Otter Trail, Arcadia, FL 34266 since 14 February 2024 and is currently estimated at $287,281, approximately $181 per square foot. This property was built in 1982. 8720 SW Otter Trail is a home located in DeSoto County with nearby schools including West Elementary School, DeSoto Middle School, and DeSoto County 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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