4436 Castlewood Road
$840,000
4
2
2,001
2,001
—
Pending
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....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.
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....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.
- Listed by Bill Buffington • LPT REALTY
Property Details for 4436 Castlewood Road
Architectural Style
Contemporary, Traditional
Subdivision NameUNPLATTED
Township28
Carport Spaces4
ViewTrees/Woods
WaterfrontNo
FurnishedUnfurnished
LISTING UPDATED: 10/01/2024 10:23 AM
Property Details for 4436 Castlewood Road
Status | Pending |
---|---|
MLS # | T3534485 |
Days on Market | 108 |
Taxes | $10,763 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Farm |
Year Built | 1965 |
Lot Size | 13.25 AC |
County | Hillsborough County |
Building Information for 4436 Castlewood Road
Building Size-Lot Size13.25 AC
Property Information for 4436 Castlewood Road
Property History for 4436 Castlewood Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4436 Castlewood Road
Taxable ValueLand-Additions-Total-
Tax Record2024$11,176 ($931 / month)
Home Facts
Beds4Total Finished SqFt2,001 SqFtAbove Grade Finished SqFt2,001 SqFtStories1Lot Size577,170 SqFtStyleSingle Family ResidenceYear Built1965Year Renovated1994ZoningASC-1CountyHILLSBOROUGHAPNU302821ZZZ000003789000Fireplace TypeHas Fireplace
Schools near 4436 Castlewood Road
This home is within Hillsborough.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Bailey Elementary School PublicPK to 5 | ||
Burnett Middle School Public6 to 8 | ||
Strawberry Crest High School Public9 to 12 | ||
Independence Academy CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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