tomo logo

$700,000

Beds
3
Baths
1.0
sq ft
1,441

11350 Old Grade Rd, Polk City, FL 33868

11350 Old Grade Rd

POLK CITY, FL 33868

  • 419 days on market
    • Price drop $25,000↓
Charming 25-Acre Farm Perfect for Your Family and Livestock Bring the family to this beautiful 25-acre farm, conveniently located less than 2 miles from I-4! This property offers the perfect blend of history, functionality, and natural beauty, making it ideal for anyone seeking a serene rural lifestyle. Historic Home with Character The centerpiece of this property is a charming 100-year-old home featuring 3 bedrooms and 1 bath. With a metal roof and cypress siding, this historic home exudes timeless appeal and durability. Farm Amenities Galore •40’ x 80’ Pole Barn: Perfectly suited for up to 12 stalls, this barn is a dream for equestrian enthusiasts. •14-Ton Grain Silo: Valued at over $8,000, it’s ready to support your agricultural needs. •Private Internet Tower: Stay connected with your own internet tower—ideal for remote work or entertainment. •Air-Conditioned Office: A separate 16’ x 24’ office offers a comfortable workspace right on the property. •Two-Car Screened Enclosure: Enjoy a freestanding, screened garage for your vehicles or additional storage. Livestock-Ready Pastures Most of the property is cleared, seeded, fenced, and cross-fenced with approximately 5 acres of wetland currently used as pasture. With two ponds and two wells, there’s plenty of water for horses, cattle, or any type of livestock. Natural Beauty and Privacy This farm boasts picturesque views, wide-open spaces, and no HOA restrictions. While not eligible for development due to access via an easement, it ensures ultimate privacy for those seeking a quiet rural escape. This property is a rare gem offering a blend of history, practicality, and peace. Whether you’re looking to raise livestock, grow your own food, or enjoy the tranquility of rural living, this farm has it all. Don’t miss your chance to make it your own! Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$1,045,607

Lot size

25.34 acres

Price per sq ft

$486

Year built

1918

Annual property taxes

$4,906.64

HOA

No

Price History

01/22/2025
StellarMLS

StellarMLS #O6161270

Listed
$700,000
01/20/2025
StellarMLS

StellarMLS #O6161270

Removed
$700,000
11/12/2024
StellarMLS

StellarMLS #O6161270

Pending
$700,000

Schools & Community

Elementary school: 

Polk City Elem

Middle school: 

Lake Alfred-Addair Middle

High school: 

Tenoroc Senior

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$236,124
Asking price
$700,000
Closing costs (~8% of asking)
-$56,000
Est. remaining loan balance
-$407,876
Cash to seller
$236,124

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Change Lending Llc

Loan start date

August 2021

Original loan amount

$440,100

Est. remaining balance

$407,876

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Nancy Scarberry and Eddie Scarberry

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/22/2025 at 11:15 PM

Listing updated: 01/22/2025 at 3:05 PM

Listed by: Barbara Radosky, CENTURY 21 CARIOTI Phone #: (407) 573-2121

MLS: StellarMLS #O6161270

StellarMLS logo

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