4436 CASTLEWOOD RD Pending

Seffner,FL 33584

$ 840000

4 Beds

2 Baths

2001 SqFt


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

Year Built 1965

Annual Tax Amount $10,762

Lot Size 13.250 Acres

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.

Location

State FL

County Hillsborough

Community Unplatted

Zoning ASC-1

Interior

Heating Gas

Cooling Central Air

Flooring Carpet,Other,Terrazzo

Fireplaces Type Family Room,Masonry,Wood Burning

Laundry Laundry Closet,Laundry Room

Exterior

Exterior Feature Private Mailbox,Sliding Doors

Fence Wire

Utilities Available Cable Connected,Electricity Connected

View Trees/Woods

Roof Type Shingle

Building

Lot Description Cleared,Farm,FloodZone,Greenbelt,In County,Pasture,Unincorporated

Story 1

Foundation Block,Slab

Sewer Septic Tank

Water Well

Structure Type Block,Concrete

New Construction false

Schools

Elementary Schools Bailey Elementary-Hb

Middle Schools Burnett-Hb

High Schools Strawberry Crest High School

Others

Acceptable Financing Cash,Conventional,FHA,Other,Owner Financing,VA Loan

Listing Terms Cash,Conventional,FHA,Other,Owner Financing,VA Loan

Special Listing Condition None

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