4436 CASTLEWOOD RD, SEFFNER FL 33584

4
BEDS

2
BATHS

2,001
SQ FT

$840,000

PROPERTY HIGHLIGHTS

TYPE

Farm

BEDROOMS

4

BATHROOMS FULL

2

LIVING AREA

2,001 sq.ft.

LOT SIZE

13.25 acres

YEAR BUILT

1965

PRIVATE POOL

No

SELLING FIRM

Lpt Realty

MLS#

T3534485

Read more about this listing 4436 CASTLEWOOD RD SEFFNER, FL 33584

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.

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PROPERTY DETAILS

INTERIOR FEATURES

Ceiling Fans(s)

APPLIANCES

Dishwasher, Disposal, Microwave

HEATING

Gas

COOLING

Central Air

FIREPLACE

Yes

FIREPLACE FEATURES

Family Room, Masonry, Wood Burning

EXTERIOR FEATURES

Private Mailbox, Sliding Doors

COMMUNITY POOL

No

WATERFRONT

No

COUNTY

Hillsborough

ELEMENTARY SCHOOL

Bailey Elementary-HB

MIDDLE SCHOOL

Burnett-HB

HIGH SCHOOL

Strawberry Crest High School

MORTGAGE CALCULATOR

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Listings courtesy of Stellar MLS as distributed by MLS GRID based on information submitted to the MLS GRID as of Mon, 22 Jul 2024 20:35:26 GMT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Property information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID, and the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.