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4436 CASTLEWOOD ROAD

Active With Contract
$840,000

BTC: 8.44645551

ETH: 241.17140396

108 days
4 bds
2 ba
2,001 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1965
Lot:
13.25 Acres
Heating:
Natural Gas
Price/sqft:
$420
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Carpet

    • Other

    • Terrazzo

    Heating

    • Natural Gas

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Microwave

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Private Mailbox / Sliding Doors

    Lot

    • Lot: 13.25 Acres

    Other Property Information

    • Parcel Number: U302821ZZZ00000378900.0

    • Zoning: ASC-1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Farm

  • Utility

    • Cable Connected

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $10,763

  • Source details

    • MLS ID: T3534485

    Other facts

    • Construction Materials: Block / Concrete

    • Foundation Details: Block / Slab

    • Fireplace Features: Family Room / Masonry / Wood Burning

    • Laundry Features: Laundry Closet / Laundry Room

    • Lot Features: Cleared / Farm / FloodZone / Greenbelt / In County / Pasture / Unincorporated

    • Patio And Porch Features: Other

    • Direction Faces: East

    • Other Structures: Finished RV Port / Shed(s)

    • Architectural Style: Contemporary / Traditional

    • Fireplace: Yes

    • Living Area: 2001

    • Water Source: Well

    • Subdivision Name: UNPLATTED

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LPT REALTY