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Sumter 34785
8574 County Road 243
$610,000
● House - Off Market

8574 County Road 243

WILDWOOD, FL 34785
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,537 Ft²
$663,054
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Price Reduction *New Flooring Being Installed 'as we speak' *Custom Block Concrete Stucco Construction Home Oak Hill * 4 Bedrooms 3 Bathroom* Pool * Private 1 Acre Gated Estate * Circular Driveway *Private and Quiet Living * Split Plan with Open Living Commodity * 50 Amp Electrical Hook Up great for RV or Generator  * Handicap Accessible Bathroom  * Walk In Closets in 3 Bedrooms * 20 min to world renowned "The Villages" Neighborhood, Stores and Restaurants * 1.5 Miles to I-75* 2 Miles to Turnpike

Live peacefully & close to major booming cities but escape to your Country Style, private, nature, quiet paradise, away from the buzz,

Close to Supermarkets, Pharmacies, Shopping, Stores, Day and Night Activities, Doctors Offices, Hospitals, Charter Schools all close by...
Unit Size
2,537 Ft²
Days on Market
110 days
Land Size
0.95 acres
Price per sqft
$246
Property Type
House
Property Taxes
$199
HOA Dues
$10
Year Built
2006

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #O6055763)

Price History

Date / Event Date Event Price
Jan 3, 2023 Sold
Premium
Sold
Aug 31, 2022 Listed by REALTY LYNK INC $625,000
Listed by REALTY LYNK INC
Aug 9, 2005 Sold
Premium
Sold
Sep 20, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 15
  • Exterior Walls Type: 4
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Patio Type: 56
  • Porch Type: 111
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 1
  • Total Building Area: 3,089
  • Gross Building Area: 3,322
  • Building Area: 2,537
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,537
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILDWOOD COUNTRY ESTATES PHASE I
  • Land Acres: 0000000950
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 001
  • Legal Description 1: LOT 2 BLK 14 WILDWOOD COUNTRY ESTATES PHASE I PB 4 PGS 48-48F A/K/A LOT 148 OAK HILL SUBDIVISION

Neighborhood

  • School District Name: Sumter County School District
  • Census Tract: 911500

Geography

  • Parcel: C32A1402
  • Block: 14
  • Lot: 2,148
  • Meridian: SEC 32 TWN 18S RNG 22E
  • Municipality: SUMTER COUNTY
  • Latitude: 28.8808
  • Longitude: -82.1336

    Address

  • Full Address: 8574 County Road 243
  • Address - House Number: 8574
  • Address - Street Name: County Road 243
  • State: FL
  • City Name: Wildwood
  • Carrier Code: R005
  • 4-Digit Zip Code: 7429
  • Zip Code: 34785

Valuation

    Tax

  • Total Area: 2,991
  • Tax Year: 2023
  • Tax Amount: $336,376
  • Tax Rate Code Area: 1001

    Appraisal Valuation

  • Standard Deviation: 0.1505
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 603,879
  • High Value: 694,804
  • Low Value: 512,954

    Market Valuation

  • Market Total Value: $311,980
  • Market Land Value: $30,000
  • Market Improvement Value: $281,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,980
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $281,980

    Sales

  • Current Sale Contract Date: Dec 19, 2022
  • Current Sale Recording Date: Jan 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 107
  • Previous Sale Recording Date: Aug 09, 2005
  • Previous Sale Contract Date: Jul 11, 2005
  • Previous Sale Amount: $99,900
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Sumter

Stats & Trends

Median Asking:

$363,000

Sale Price/ft²

$243

Below Asking

0.03%

Average Days on Market

80

Average Home Size

1760 ft²

Average Home Age

18.9 years

Currently For Sale

659 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Denise San Miguel
REALTY LYNK INC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6055763
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 8574 County Rd 243 built and last sold?
The property at 8574 County Rd 243 was built in 2006 and last sold on Dec 19, 2022 for $610,000.
How much is this home worth?
The estimated value of the home located at 8574 County Rd 243 is $0.
What are some comparable homes to 8574 County Rd 243?
There are currently no comparable homes to 8574 County Rd 243.
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