NOT LISTED FOR SALE

8862 SW Otter Trail Arcadia, FL 34266

Estimated Value: $218,000 - $442,000

1 Bed
1 Bath
960 Sq Ft
$317/Sq Ft Est. Value

Sale Details

Date Sold: August 28, 2013

Last sale price $65,000 $68 Per Sq Ft

Est. 369% increase in value since last sale

Current estimated payment $1,899 / mo

37 Days on Market

Highlights

  • Parking available for a boat
  • View of Trees or Woods
  • Deck
  • Oak Trees
  • 5 Acre Lot
  • Corner Lot

About This Home

As of August 2013

WEEK END RETREAT, 5 ACRES, WOODED, SECLUDED, CAN'T SEE CABIN FROM THE ROAD, STILT HOME, 1 BEDROOM, 1 BATH, LARGE LIVING ROOM, KITCHEN AND DINING AREA. PARKING AREA UNDER THE HOUSE. ENJOY THE TRUE OUT DOORS WITH NATURAL FLORIDA LANDSCAPING. LOCATED IN HIDDEN ACRES CLOSE TO HORSE CREEK. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Kathey Gamiotea

KATHEY L GAMIOTEA REAL ESTATE License #448253 Listed on: 06/18/2013

KATHEY L GAMIOTEA REAL ESTATE

Last Buyer's Agent

Kathey Gamiotea

KATHEY L GAMIOTEA REAL ESTATE License #448253 Listed on: 06/18/2013

KATHEY L GAMIOTEA REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,384

Year Built

  • Built in 2004

Lot Details

  • 5 Acre Lot
  • East Facing Home
  • Corner Lot
  • Oak Trees
  • Property is zoned RM

Home Design

  • Elevated Home
  • Tile Roof
  • Siding
  • Pile Dwellings

Interior Spaces

  • 960 Sq Ft Home
  • Ceiling Fan
  • Inside Utility
  • Laundry in unit
  • Ceramic Tile Flooring
  • Views of Woods
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Subterranean Parking
  • Oversized Parking
  • Parking available for a boat

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Desoto Middle School
  • Desoto County High School

Utilities

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

Additional Features

  • Flood Zone Lot
  • Zoned For Horses

Community Details

  • No Home Owners Association
  • Hidden Acres Sec 11 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,384

Year Built

Built in 2004

Lot Details

5 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Siding
  • Fireplace: No
  • Living Area: 960
  • Lot Size Acres: 5
  • New Construction: No
  • Year Built: 2004
  • Lot Size Sq Ft: 217800
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=F1002302&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=F1002302&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 5 to less than 10
  • Home Warranty Y N: No
  • Subdivision Num: 0191
  • Property Description: Elevated
  • Ratio: Close Price\List Price: 0.96296
  • Price per Sq Ft: 67.71
  • Close to Original List Price Ratio: 0.89655
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: 4116

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen
  • Appliances Included: None
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 1
  • Room Count: 4
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Roof: Tile
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Parking Features: Boat, Oversized, Underground
  • Open Parking: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: None
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Schools

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

Lot Info

  • Zoning: RM
  • Parcel Number: 14-38-23-0191-00G0-0020
  • Additional Parcels: No
  • Lot Features: Corner Lot, FloodZone, In County, Zoned for Horses
  • Millage Rate: 15.22
  • Flood Zone Code: AE
  • Future Land Use: 000110
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Expected Lease Date: 2013-08-28T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 1384
  • Tax Block: 00G0
  • Tax Lot: 0020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2013
Closed on
Aug 28, 2013
Sold by
Bought by
Seller's Agent
Kathey Gamiotea
KATHEY L GAMIOTEA REAL ESTATE
Buyer's Agent
Kathey Gamiotea
KATHEY L GAMIOTEA REAL ESTATE
List Price
$72,500
Sold Price
$65,000
Premium/Discount to List
-$7,500
-10.34%
Current Estimated Value
$304,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,536
Avg. Annual Appreciation
12.79%

Purchase Details

Closed on
May 13, 2013
Sold by
Bought by

Purchase Details

Closed on
Mar 21, 2007
Sold by
Bought by

Purchase Details

Closed on
Aug 5, 1999
Sold by
Bought by

Purchase Details

Closed on
Mar 18, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$65,000 Attorney
-- None Available
-- Attorney
-- --
$10,500 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/28/2013 08/28/13 Sold $65,000 -3.7% $68 / Sq Ft
07/25/2013 07/25/13 Pending -- -- --
07/20/2013 07/20/13 Price Changed $67,500 -6.9% $70 / Sq Ft
06/17/2013 06/17/13 For Sale $72,500 -- $76 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,081 $254,204 $100,000 $154,204
2023 $2,967 $249,554 $100,000 $149,554
2022 $2,981 $100,899 $0 $0
2021 $2,461 $146,442 $60,000 $86,442
2020 $2,377 $147,202 $60,000 $87,202
2019 $2,344 $155,558 $60,000 $95,558
2018 $2,139 $134,155 $0 $134,155
2017 $1,454 $110,229 $0 $110,229
2016 $1,645 $85,871 $0 $85,871
2015 $1,380 $58,042 $0 $58,042
2014 $1,419 $67,453 $0 $67,453
Source: Public Records

Agents Affiliated with this Home

  • Kathey Gamiotea

    Seller's Agent in 2013

    Kathey Gamiotea

    KATHEY L GAMIOTEA REAL ESTATE

    (863) 990-1000

    56 in this area

    83 Total Sales

    Kathey Gamiotea
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Map

Source: Stellar MLS

MLS Number: F1002302

Stellar MLS

APN: 14-38-23-0191-00G0-0020

Florida DeSoto County Arcadia 34266

8862 SW Otter Trail, Arcadia, FL

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Stellar MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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