NOT LISTED FOR SALE

Estimated Value: $255,000 - $297,000

0.4 Acre
$690,705 Price per Acre
17,424 Sq Ft Lot

Last Sold July 12, 2023

Last sale price $24,000

Est. 1,016% increase in value since last sale

Current estimated payment $1,513/month

216 Days on Market

Highlights

  • Wooded Lot
  • Oversized Lot
  • Cul-De-Sac
  • No HOA

About This Lot

As of July 2023

OVERSIZED, 0.40 AC., CUL-DE-SAC, HIGH AND DRY, BUILDING LOT w/Good Trees you can work with and a SOUTH facing back yard with enough room for a pool and lots of SUN in the Sunshine State. Zoned for Site Built Homes ONLY, NO MOBILE HOMES! Power is close due to much new development going on with great roads to get in and out too. This is a quiet and peaceful wooded setting, but still close to Shops, Restaurants, Schools, Golf Courses and major roads to take you to Ocala, Lake Weir or the Villages. This is (1) of (2) Lots owned by the same seller for Sale in Marion Co. Florida. OWNER FINANCING AVAILABLE to Qualified Buyers. Buy this land, buy them all and/or purchase an available land/home package and START BUILDING TODAY! https://www.pa.marion.fl.us/patviewer/?PARCEL=9032-0867-06

Last Agent to Sell the Property

Joseph Gallagher

REDI REAL ESTATE, LLC License #3268991 Listed on: 11/12/2022

Last Buyer's Agent

Savannah Umpenhour

CHARLES UMPENHOUR, INC. License #3500334

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $159

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 115x150
  • Property fronts a county road
  • Cul-De-Sac
  • Street terminates at a dead end
  • Northwest Facing Home
  • Oversized Lot
  • Wooded Lot
  • Property is zoned R1

Schools

  • Emerald Shores Elem. Elementary School
  • Lake Weir Middle School
  • Lake Weir High School

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association
  • Silver Spgs Shores Un 32 Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 867
  • Assessor Parcel Number 9032-0867-06

Property Details

Property Type

Land

Est. Annual Taxes

$159

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.4
  • Lot Size Sq Ft: 17424
  • Directions to Property: Take Hwy 40 East to Baseline Rd. Take a Right. Take a Left on Mericamp Rd. Take a Left on Oak Rd. just before Lake Weir HS. Take a Right on Locust Rd. Take a Left on Oak Lane. Take a Right on Locust Pass Trail. Take a Right on Oak Lane Circle. Take a Left on Locust Lane Drive. Take a Right on Locust Lane Course. Lot is on the Right Immediately After you enter the Cul-de-Sac. GPS Coordinates are: 29.08719783, -81.96938829
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 529793896
  • RATIO Current Price By Calculate: 1.38
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: Lot 6

Exterior Features

  • Direction Faces: Northwest
  • Road Frontage Type: County Road
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Disclosures: Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 60000

Utilities

  • Utilities: Electrical Nearby
  • Sewer: None, Septic Needed
  • Water Source: None, Well Required

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0
  • Association Fee Requirement: None

Fee Information

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

Schools

  • Elementary School: Emerald Shores Elem. School
  • High School: Lake Weir High School
  • Middle Or Junior School: Lake Weir Middle School

Lot Info

  • Zoning: R1
  • Parcel Number: 9032-0867-06
  • Additional Parcels: No
  • Current Use: Unimproved
  • Lot Features: Buildable, Cul-De-Sac, In County, Oversized Lot, Room For Pool, Street Dead-End, Paved, Wooded
  • Lot Dimensions: 115x150
  • Flood Zone Code: X
  • Lot Size Square Meters: 1619
  • Zoning Compatible YN: 1

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 159.43
  • Tax Block: 867
  • Tax Book Number: J-276
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2024
Sold by
Mcrae Charles Edward
Bought by
Reyes Juan Martinez
Current Estimated Value
$267,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Outstanding Balance
$5,543
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$270,739

Purchase Details

Closed on
Oct 24, 2018
Sold by
County Of Marion
Bought by
Redi Real Estate Llc
Source: Public Records

Range of Values:

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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
Reyes Juan Martinez $264,000 All American Land Title
Reyes Juan Martinez $264,000 All American Land Title
Redi Real Estate Llc $4,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Juan Martinez $10,000
Closed Reyes Juan Martinez $10,000
Open Reyes Juan Martinez $250,305
Closed Reyes Juan Martinez $250,305
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2023 07/12/23 Sold $24,000 -12.7% --
06/17/2023 06/17/23 Pending -- -- --
11/12/2022 11/12/22 For Sale $27,500 -- --
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
2023 $554 $6,655 $0 $0
2022 $207 $6,050 $0 $0
2021 $159 $6,000 $6,000 $0
2020 $148 $5,000 $5,000 $0
2019 $149 $5,000 $5,000 $0
2018 $116 $4,000 $4,000 $0
2017 $107 $3,000 $3,000 $0
2016 $98 $2,000 $0 $0
2015 $115 $3,000 $0 $0
2014 $111 $2,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM648251

Stellar MLS

APN: 9032-0867-06