NOT LISTED FOR SALE

Estimated Value: $93,000 - $123,000

1 Acre
$108,000 Price per Acre
43,560 Sq Ft Lot

Last Sold April 22, 2022

Last sale price $37,500

Est. 188% increase in value since last sale

Current estimated payment $621/month

46 Days on Market

Highlights

  • Access To Lake
  • Wooded Lot
  • Heating Available
  • Horses Allowed in Community
  • Community Playground

About This Lot

As of April 2022

1-Acre for sale, located in Equestrian Royal Trails Subdivision. Zoning allows 2 horses per acre, no time limit to build, bring your own builder or one can be recommended. Once you build, you may park your RV and Boat. Access to Lake Norris, community park and playground with many activities throughout the year. Come drive by, evaluate, and make it your next Florida building site. The minimum square footage is 1,200 under air, the HOA is $60 a YEAR. The lot measures 150 X 290, a survey is recommended for accurate dimensions. Deed restrictions, no mobile, modular or manufactures homes allowed. Looking to see the stars at night, then this may be the property you are looking for, the adjacent parcel is also for sale.

Last Agent to Sell the Property

Katina Hargrove

STAKE YOUR LAND REALTY, INC. License #3166989 Listed on: 02/17/2022

Last Buyer's Agent

Phil Bellmany

CALVARY REAL ESTATE GROUP LLC License #3190655

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $271

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 150x290
  • Rural Setting
  • Wooded Lot

HOA Fees

  • $5 Monthly HOA Fees

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Legal Lot and Block 12 / 165
  • Assessor Parcel Number 36-17-28-0100-165-01200

Community Details

Overview

  • Joe Tegg, President Association, Phone Number (352) 483-2740
  • Visit Association Website
  • Royal Trails Unit 01 Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Playground
  • Horses Allowed in Community
  • Access To Lake
  • Water Skiing Allowed

Property Details

Property Type

Land

Est. Annual Taxes

$271

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1
  • Lot Size Sq Ft: 43560
  • Status: Sold
  • Total Acreage: 1 to less than 2
  • Ratio: Close Price\List Price: 0.93985
  • Price per Sq Ft: 0.86
  • Close to Original List Price Ratio: 0.93985
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: No
  • Road Surface Type: Paved
  • Water Access: Lake
  • Water Extras: Skiing Allowed
  • Water View Y N: No
  • Front Footage: 150
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Capable
  • Sewer: Septic Needed
  • Water Source: Well Required
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Horses Allowed, Playground, Water Access
  • Association Fee: 60
  • Association Fee Frequency: Annually
  • Association Name: Joe Tegg, President
  • Phone: 352-483-2740
  • Association: Yes
  • Association Website: royaltrails.com
  • Association Email: boardofdirectors@royaltrails.com
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 60
  • Monthly HOA Fee: 5
  • Total Monthly Fees: 5

Lot Info

  • Zoning: R-1
  • Parcel Number: 36-17-28-0100-165-01200
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: In County, Rural
  • Lot Dimensions: 150X290
  • Price Per Acre: 37500
  • Flood Zone Code: X, AE
  • Zoning Compatible Y N: Yes

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 270.64
  • Tax Block: 165
  • Tax Book Number: 19-1-59
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Apr 19, 2022
Sold by
Foster Michela D and Ketcham Patricia G
Bought by
Swallow Dennis and Swallow Kit
Seller's Agent
Katina Hargrove
STAKE YOUR LAND REALTY, INC.
Buyer's Agent
Phil Bellmany
CALVARY REAL ESTATE GROUP LLC
List Price
$39,900
Sold Price
$37,500
Premium/Discount to List
-$2,400
-6.02%
Current Estimated Value
$108,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,500
Avg. Annual Appreciation
32.99%

Purchase Details

Closed on
Aug 5, 2013
Sold by
Ketcham Richard R
Bought by
Foster Michela D and Ketcham Patricia

Purchase Details

Closed on
Jan 9, 2004
Sold by
Carpenter Stephen E
Bought by
Ketcham Richard R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500
Interest Rate
5.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Swallow Dennis $37,500 None Listed On Document
Foster Michela D -- None Available
Ketcham Richard R $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ketcham Richard R $7,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $37,500 -6.0% --
04/05/2022 04/05/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $39,900 0.0% --
02/26/2022 02/26/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $39,900 -- --
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
2026 $623 $60,000 $60,000 --
2025 $543 $35,350 $35,350 --
2024 $543 $35,350 $35,350 --
2023 $543 $35,350 $35,350 $0
2022 $280 $17,500 $17,500 $0
2021 $271 $17,500 $0 $0
2020 $235 $11,970 $0 $0
2019 $240 $11,970 $0 $0
2018 $233 $11,970 $0 $0
2017 $222 $11,970 $0 $0
2016 $167 $11,970 $0 $0
2015 $164 $11,830 $0 $0
2014 $133 $8,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5051917

Stellar MLS

APN: 36-17-28-0100-165-01200