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Sale closed
    • $40,000

    587 NE 550th St, Old Town, FL 32680

    --beds
    --baths
    4.83Acres
    Unimproved Land
    Built in ----
    4.83 Acres Lot
    $149,700 Zestimate®
    $--/sqft
    $1,363 Estimated rent

    Home value

    $149,700

    $117,000 - $184,000

    $1,363/mo

    Zestimate® history
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    What's special

    Wooded propertyPaved road frontage
    In Old Town, Florida - Dixie County. Welcome to your dream homestead! This 4.83-acre wooded property offers the perfect blend of privacy and convenience. Nestled under a canopy of beautiful oak trees, with several small hammocks, this serene corner lot boasts paved road frontage, providing easy access to your new retreat. Just minutes from downtown. Key Features: Size: 4.83 acres of wooded paradise Utilities: Equipped with 2 power poles, 2 wells, and 2 septic tanks - must be re-certified by buyer for functionality. Access: Corner lot with paved road frontage Security: Gated and partially fenced for added privacy and security Natural Beauty: Stunning canopy of mature oak trees Potential: While the property needs some cleaning up, it holds immense potential for creating your ideal homestead This property is perfect for those seeking a peaceful, secluded lifestyle with all the essentials already in place. Whether you're looking to build your dream home, start a small farm, or simply enjoy the natural surroundings, this homestead offers endless possibilities. The existing home on the property is of nominal value, providing an opportunity for you to create a space that truly reflects your vision. Don't miss out on this unique opportunity to own a piece of nature's paradise

    Zillow last checked:

    Listing updated:

    Listed by:

    Valena Driggers 850-843-2648,

    The American Dream North Florida 850-900-7233

    Bought with:

    Preston Miller, SL3560194

    Mossy Oak Properties

    Valena Driggers, 3529193

    The American Dream North Florida

    Source: Dixie-Gilchrist Levy Counties BOR,MLS#: 792580MLS Logo

    Facts & features

    Property

    Parking
    • Parking features: Asphalt
    • Has uncovered spaces: Yes
    Features
    • Fencing: Partial
    • Waterfront features: None
    • Frontage length: Road Frontage: 485
    Lot
    • Size: 4.83 Acres
    • Dimensions: 485 x 430 x 485 x 430
    • Features: Corner Lot, Oversize, Rectangular Lot, Native Plants, Wooded, Flood Plain
    • Residential vegetation: Heavily Wooded, Grassed
    Details
    • Additional structures: Other
    • Parcel number: 041013452000000620

    Utilities & green energy

    • Electric: Electricity Overhead
    • Water: Well
    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Subdivision: The Oaks
    Location
    • Region: Old Town

    Financial & listing details

    • Tax assessed value: $67,700
    • Annual tax amount: $225
    • Date on market: 11/1/2024
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    11/1/2024Sold$40,000-33.3%
    Source: Dixie-Gilchrist Levy Counties BOR #792580 Report a problem
    10/16/2024Listed for sale$60,000-7.7%
    Source: Dixie-Gilchrist Levy Counties BOR #792580 Report a problem
    10/15/2024Listing removed$65,000
    Source: Dixie-Gilchrist Levy Counties BOR #791117 Report a problem
    10/14/2024Listed for sale$65,000
    Source: Dixie-Gilchrist Levy Counties BOR #791117 Report a problem
    9/25/2024Pending sale$65,000
    Source: Dixie-Gilchrist Levy Counties BOR #791117 Report a problem
    9/18/2024Price change$65,000-7%
    Source: Dixie-Gilchrist Levy Counties BOR #791117 Report a problem
    9/12/2024Price change$69,900-7.4%
    Source: Dixie-Gilchrist Levy Counties BOR #791117 Report a problem
    9/3/2024Price change$75,500-5.5%
    Source: Dixie-Gilchrist Levy Counties BOR #791117 Report a problem
    8/11/2024Price change$79,900-3.5%
    Source: Dixie-Gilchrist Levy Counties BOR #791117 Report a problem
    8/2/2024Price change$82,777-7.8%
    Source: Dixie-Gilchrist Levy Counties BOR #791117 Report a problem
    7/22/2024Listed for sale$89,777+648.1%
    Source: Dixie-Gilchrist Levy Counties BOR #791117 Report a problem
    8/30/2019Sold$12,000-70%
    Source: Public Record Report a problem
    9/15/2011Sold$40,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$554 +3.6%$37,750 +3%
    2023$535 +3.9%$36,650 +3%
    2022$514 +4.2%$35,583 +3%
    2021$494 $34,547 +1.4%
    2020-- $34,070 +37.4%
    2019$180 $24,800
    2018-- $24,800
    2017$226 $24,800 -2.7%
    2016$226 $25,500
    2015$226 $25,500 -6.3%
    2014$226 $27,200
    2013-- $27,200
    2012-- $27,200 -23.6%
    2011-- $35,600 -6.3%
    2010-- $38,000
    2009-- $38,000 -11.4%
    2008-- $42,900 +0.7%
    2007-- $42,600 +3.5%
    2006-- $41,148 +3%
    2005-- $39,950 +3%
    2004-- $38,786 +1.8%
    2003-- $38,100 +141%
    2002-- $15,810
    2000-- $15,810
    Find assessor info on the county website

    Neighborhood: 32680

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Dixie

    Source: Dixie-Gilchrist Levy Counties BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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