UPDATED:
10/01/2024 06:24 PM
Key Details
Property Type Single Family Home
Sub Type Farm
Listing Status Pending
Purchase Type For Sale
Square Footage 2,001 sqft
Price per Sqft $419
Subdivision Unplatted
MLS Listing ID T3534485
Bedrooms 4
Full Baths 2
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1965
Annual Tax Amount $10,762
Lot Size 13.250 Acres
Acres 13.25
Property Description
1. The Buyer may purchase 13.25 acres, including the Homestead, while simultaneously granting a life estate to the current resident. This life estate shall remain in effect for the duration of the resident's life and will be determined by a newly surveyed portion of the land. Upon the termination of the life estate, the Trust shall be given 90 days to vacate the property in full, following which the Buyer shall assume total control of all assets.
2. Alternatively, the Buyer may purchase a defined portion of the existing acreage, excluding the Homestead, for their intended use. This portion of land shall include appropriate ingress and egress, and its boundaries must be determined by a new survey for clarity. The sale will be for a pro-rated and mutually agreed-upon amount. Additionally, the Buyer shall obtain an option from the Seller for a non-refundable sum mutually agreed upon by both parties. Upon the death of the current resident, the Trust shall deliver the opportunity for the Buyer to exercise this option. The Buyer shall have seven business days to declare their intent to exercise the option. If no response is provided within this period, the Buyer’s interest shall be deemed abandoned, releasing the Trustee and all designated parties from any further commitment or obligation to the option. As a result, the Trustee shall be free to list the Homestead and associated ingress/egress for sale. The listing price shall be established based on the total acreage and Homestead. A life estate must be granted to the current resident until their death.
Location
State FL
County Hillsborough
Community Unplatted
Zoning ASC-1
Interior
Interior Features Ceiling Fans(s)
Heating Gas
Cooling Central Air
Flooring Carpet, Other, Terrazzo
Fireplaces Type Family Room, Masonry, Wood Burning
Furnishings Unfurnished
Fireplace true
Appliance Dishwasher, Disposal, Microwave
Laundry Laundry Closet, Laundry Room
Exterior
Exterior Feature Private Mailbox, Sliding Doors
Fence Wire
Utilities Available Cable Connected, Electricity Connected
Waterfront false
View Trees/Woods
Roof Type Shingle
Porch Other
Attached Garage false
Garage false
Private Pool No
Building
Lot Description Cleared, Farm, FloodZone, Greenbelt, In County, Pasture, Unincorporated
Story 1
Entry Level One
Foundation Block, Slab
Lot Size Range 10 to less than 20
Sewer Septic Tank
Water Well
Architectural Style Contemporary, Traditional
Structure Type Block,Concrete
New Construction false
Construction Status Inspections
Schools
Elementary Schools Bailey Elementary-Hb
Middle Schools Burnett-Hb
High Schools Strawberry Crest High School
Others
Pets Allowed Yes
Senior Community No
Pet Size Large (61-100 Lbs.)
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, Other, Owner Financing, VA Loan
Membership Fee Required None
Listing Terms Cash, Conventional, FHA, Other, Owner Financing, VA Loan
Num of Pet 2
Special Listing Condition None
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