NOT LISTED FOR SALE

8721 SW Otter Trail Arcadia, FL 34266

Estimated Value: $280,000 - $513,000

2 Beds
2 Baths
1,140 Sq Ft
$349/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $306,000 $268 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,512/month

5 Days on Market

Highlights

  • 5 Horse Stalls
  • View of Trees or Woods
  • Rear Porch
  • Oak Trees
  • 5 Acre Lot
  • Pasture

About This Home

As of December 2020

Beautiful Oak Trees Abound in this 5 acre property perfect for the horse enthusiast or hobby farm. The property is fenced with no-climb horse fencing, the front paddock was set up as riding arena with 8 inches of crushed concrete, covered with 3 inches of beach sand, cross fenced and is set up with a round pen with 12 inches of crushed concrete and 3 inches of triple washed beach sand for horses. The Detached 2006 22X24 CBS Garage/Building is perfect for storage/farm equipment and the 2006 33X60 CBS constructed Horse Barn has wash racks/feed/tack and 7 stalls. The home needs some TLC but has endless possibilities. Property has been excavated to provide for optimum water run off during rainy season. Come see this unique property today. Perfect for the dressage or hunter/jumper.

Last Agent to Sell the Property

Bobbi Bevis

RE/MAX HARBOR REALTY License #3240290 Listed on: 11/02/2020

RE/MAX HARBOR REALTY

Last Buyer's Agent

Susan Noah

MICHAEL SAUNDERS & COMPANY License #0657784

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,231

Year Built

  • Built in 1981

Lot Details

  • 5 Acre Lot
  • North Facing Home
  • Wire Fence
  • Oak Trees
  • Wooded Lot
  • Property is zoned RM

Home Design

  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,140 Sq Ft Home
  • 1-Story Property
  • Views of Woods
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Rear Porch

Farming

  • Horse or Livestock Barn
  • Pasture

Horse Facilities and Amenities

  • Wash Rack
  • 5 Horse Stalls

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 15 / F
  • Assessor Parcel Number 14-38-23-0191-00F0-0150

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,231

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block
  • Living Area: 1140.00
  • Lot Size Acres: 5.00
  • Year Built: 1981
  • Building Area Total: 2062.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7435149?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7435149?w=Customer
  • Lot Size Sq Ft: 217800
  • Building Search Sq Meters: 191.57
  • Barn Features: Block, Horse Barn, Washrack
  • Number Of Stalls: 5
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7435149?w=PubMLS
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Room Count: 3
  • Living Area Units: Square Feet
  • Full Bathrooms: 2
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Living Area Meters: 105.91

Exterior Features

  • Direction Faces: North
  • Exterior Features: Fenced
  • Roof: Shingle
  • Flood Zone Code: AE
  • View: Trees/Woods
  • Patio and Porch Features: Rear Porch

Utilities

  • Utilities: Electricity Available
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Pet Restrictions: AS PER DESOTO COUNTY ZONING CODES

Lot Info

  • Zoning Compatible: Yes
  • Total Acreage: 5 to less than 10
  • Zoning: RM
  • Parcel Number: 14-38-23-0191-00F0-0150
  • Fencing: Wire
  • Lot Features: In County, Pasture, Street Paved
  • Lot Size Square Meters: 20234

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 3230.78
  • Tax Block: F
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2020
Closed on
Dec 28, 2020
Sold by
Francheville Carla and Reyes Alfred
Bought by
Peters Austin and Peters Katie M
Seller's Agent
Bobbi Bevis
RE/MAX HARBOR REALTY
Buyer's Agent
Susan Noah
MICHAEL SAUNDERS & COMPANY
List Price
$299,900
Sold Price
$306,000
Premium/Discount to List
$6,100
2.03%
Current Estimated Value
$397,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,823
Avg. Annual Appreciation
5.61%
Original Mortgage
$313,038
Outstanding Balance
$279,338
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$118,485

Purchase Details

Closed on
Jun 4, 2004
Sold by
Hud
Bought by
Hudson Carla Francheville

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,643
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2004
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Feb 23, 2004
Sold by
Clerk Circuit Court
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Apr 30, 2003
Sold by
King Jennifer and Spear Jennifer R
Bought by
Hartman Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,301
Interest Rate
5.86%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 7, 2000
Sold by
Green Joyce A
Bought by
Spear Jennifer R and King Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,465
Interest Rate
8.24%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 25, 1997
Sold by
Fleet Fin Inc
Bought by
Green Joyce A
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
Peters Austin $306,000 Msc Title Inc
Hudson Carla Francheville $100,700 --
Hud -- --
Countrywide Home Loans Inc -- --
Hartman Ronald J $89,000 --
Spear Jennifer R $67,500 --
Green Joyce A $45,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Austin $313,038
Previous Owner Hudson Carla Francheville $95,643
Previous Owner Hartman Ronald J $88,301
Previous Owner Spear Jennifer R $67,465
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2020 12/31/20 Sold $306,000 +2.0% $268 / Sq Ft
11/07/2020 11/07/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $299,900 -- $263 / 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 $4,913 $302,233 $100,000 $202,233
2023 $4,695 $297,196 $100,000 $197,196
2022 $4,582 $227,949 $0 $0
2021 $3,969 $207,226 $60,000 $147,226
2020 $3,382 $197,132 $60,000 $137,132
2019 $3,231 $195,522 $60,000 $135,522
2018 $2,888 $161,179 $0 $161,179
2017 $1,998 $118,547 $0 $118,547
2016 $2,594 $128,346 $0 $128,346
2015 $2,590 $123,812 $0 $123,812
2014 $2,525 $133,320 $0 $133,320
Source: Public Records

Agents Affiliated with this Home

  • Bobbi Bevis

    Seller's Agent in 2020

    Bobbi Bevis

    RE/MAX

    (941) 815-1176

    1 in this area

    181 Total Sales

    Bobbi Bevis
    Section Image

  • S

    Buyer's Agent in 2020

    Susan Noah

    Michael Saunders

    1 in this area

    34 Total Sales

    Susan Noah
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: C7435149

Stellar MLS

APN: 14-38-23-0191-00F0-0150

Florida DeSoto County Arcadia 34266

8721 SW Otter Trail, Arcadia, FL

This home is located at 8721 SW Otter Trail, Arcadia, FL 34266 since 02 November 2020 and is currently estimated at $397,823, approximately $348 per square foot. This property was built in 1981. 8721 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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