NOT LISTED FOR SALE

975 Farm Rd Sebring, FL 33876

Estimated Value: $162,000 - $288,350

24.64 Acres
$9,826 Price per Acre
1,073,318 Sq Ft Lot

Last Sold May 15, 2023

Last sale price $179,000

Est. 35% increase in value since last sale

Current estimated payment $1,407/month

34 Days on Market

About This Lot

As of May 2023

ATTN DEVELOPERS: 24.64 Acres zoned Estate Use. Just 1 mile off of US 98, 3 Miles to the Sebring Airport and Sebring Race Track, 3.7 Miles to US 27, 7 miles to Lake Istokpoga Boat Ramp. The US 27 and US 98/SR 66 intersection is a mane E/W, N/S cross roads. Lake Istokpoga is famous for its bass fishing and one of the largest lakes in Florida. And the 12 Hours of Sebring is the oldest endurance race in the nation, all within easy distance to this prime parcel! Make this your next project and get a jump on your competition now waking up to the affordability and desirability of our Florida heartland!

Last Agent to Sell the Property

Susan Geitner

ADVANTAGE REALTY 1 License #3050844 Listed on: 02/06/2023

Last Buyer's Agent

Susan Geitner

ADVANTAGE REALTY 1 License #3050844 Listed on: 02/06/2023

Property Details

Property Type

  • Land

Lot Details

  • 24.64 Acre Lot
  • Lot Dimensions are 814x1318
  • Property is zoned EU

Community Details

  • No Home Owners Association
  • Albritton Lands Subdivision

Listing and Financial Details

  • Assessor Parcel Number C-24-35-29-A00-0020-0000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 24.64
  • Lot Size Sq Ft: 1073318
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 0.17
  • Total Acreage: 20 to less than 50
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Other Disclosures
  • Water View YN: 0
  • Waterfront Feet Total: 0

Utilities

  • Utilities: Electrical Nearby
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

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

Lot Info

  • Zoning: EU
  • Parcel Number: C-24-35-29-A00-0020-0000
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 814x1318
  • Flood Zone Code: X, A

Tax Info

  • Tax Annual Amount: 38
  • Tax Block: N/A
  • Tax Book Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
May 11, 2023
Sold by
Hometrust Group Incorporated
Bought by
Thao Benton and Thao Ximong Song
Seller's Agent
Susan Geitner
ADVANTAGE REALTY 1
Buyer's Agent
Susan Geitner
ADVANTAGE REALTY 1
List Price
$279,000
Sold Price
$179,000
Premium/Discount to List
-$100,000
-35.84%
Views
191
Current Estimated Value
$242,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,117
Avg. Annual Appreciation
12.12%
Original Mortgage
$219,000
Outstanding Balance
$114,031
Interest Rate
6%
Mortgage Type
Seller Take Back
Estimated Equity
$128,086

Purchase Details

Closed on
Aug 1, 2004
Sold by
Tom Emerson Builders Inc
Bought by
Hometrust Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Thao Benton $279,000 Heartland Title
Hometrust Group Inc $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thao Benton $219,000
Previous Owner Hometrust Group Inc $168,000
Closed Hometrust Group Inc $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2023 05/15/23 Sold $179,000 -35.8% --
03/13/2023 03/13/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $279,000 -- --
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
2025 $1,693 $247,853 $246,400 $1,453
2024 $37 $124,839 $123,200 $1,639
2023 $37 $2,713 $0 $0
2022 $38 $2,762 $0 $0
2021 $39 $2,635 $1,232 $1,403
2020 $39 $2,619 $1,232 $1,387
2019 $40 $2,647 $1,232 $1,415
2018 $51 $3,368 $1,232 $2,136
2017 $63 $4,072 $1,232 $2,840
2016 $66 $4,183 $0 $0
2015 $69 $4,271 $0 $0
2014 $69 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: L4935211

Stellar MLS

APN: C-24-35-29-A00-0020-0000