Listing Courtesy Of:
LPT REALTY, 877-366-2213, Bill Buffington
Listing Sold By:
LPT REALTY, LLC
Local Realty Services Provided By:
Keller Williams Suburban Tampa
Overview
What It'll Cost
Neighborhood
Similar Homes
$840,000
4436 CASTLEWOOD ROAD, SEFFNER, FL 33584
4 Beds
2 Baths
2,001
sq ft
13.25
ac
Log In to Reveal Price
$840,000
4436 CASTLEWOOD ROAD, SEFFNER, FL 33584
Estimation provided by Keller Williams Realty Inc.
4 Beds
2 Baths
2,001
sq ft
13.25
ac
Closed
Sold
Property Description
Two distinct options for the purchase of the property:
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
Assessed Value is a combination of the land and additions.
2023
$10,763
(+870.88%)
$643,485
Land 481,134 +
Additions 162,351
2021
$1,109
(+13.22%)
$85,942
Land 24,449 +
Additions 61,493
2018
$979.08
(+0.99%)
$82,778
No Breakdown Available
2017
$969.46
$81,069
No Breakdown Available
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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