NOT LISTED FOR SALE

Estimated Value: $282,234 - $442,000

4 Beds
3 Baths
2,355 Sq Ft
$157/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $190,000 $81 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,018/month

136 Days on Market

Highlights

  • Screened Pool
  • Wood Flooring
  • Park or Greenbelt View
  • 0.97 Acre Lot
  • Main Floor Primary Bedroom
  • Loft

About This Home

As of March 2019

**LARGE PRICE REDUCTION- SELLER MOTIVATED TO SELL QUICKLY ** Located in Lake Panasoffkee of Sumter County, Florida, this home has so many unique features. Although there is 2300 +/- sq feet indoors there is another 2800+/- under roof! This home has been completely renovated and includes 4 bedrooms, 3 bathrooms, a recreation bonus room, a loft, an in ground pool, an additional kitchenette for the pool area, ALL ON AN ACRE OF LAND! The master bedroom is complete with a private entrance to the backyard, tile floors and a custom rustic master bathroom with a 9 ft shower! The loft is perfect for the young and young at heart, the entrance has stairs and a rock climbing wall! This home would be perfect for large families, combined families, or potentially a rental situation. This is not your average home, you've got to see the details put into customizing this home.

Last Agent to Sell the Property

Cortney Smith

FLORIDA REALTY INVESTMENTS License #3412461 Listed on: 10/17/2018

FLORIDA REALTY INVESTMENTS

Last Buyer's Agent

Cortney Smith

FLORIDA REALTY INVESTMENTS License #3412461 Listed on: 10/17/2018

FLORIDA REALTY INVESTMENTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $924

Year Built

  • Built in 1972

Lot Details

  • 0.97 Acre Lot
  • Child Gate Fence
  • Corner Lot
  • Level Lot
  • Irrigation
  • Property is zoned R2C

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,355 Sq Ft Home
  • Furnished
  • Sliding Doors
  • Loft
  • Park or Greenbelt Views

Kitchen

  • Convection Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Circular Driveway
  • Off-Street Parking

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool
  • Outside Bathroom Access
  • Pool Tile
  • Pool Lighting

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Shed

Schools

  • Lake Panasoffkee Elementary School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$924

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2355
  • Lot Size Acres: 0.97
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 5000
  • Lot Size Sq Ft: 42407
  • Directions to Property: From I-75 head west on CR 470 into Lake Panasoffkee. Turn Right on CR 479. First house on the Left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5007542&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5007542&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 0.82609
  • Price per Sq Ft: 80.68
  • Close to Original List Price Ratio: 0.58462
  • Ratio: Current Price\Building Area Total: 38
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Master Bedroom Main Floor, Split Bedroom
  • Appliances Included: Convection Oven, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 1019
  • Room Count: 7
  • Additional Rooms: Loft
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s), Storage
  • Pool Features: Child Safety Fence, Gunite, In Ground, Lighting, Outside Bath Access, Screen Enclosure, Tile
  • Exterior Features: Fenced, Irrigation System, Lighting, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: Yes
  • View: Greenbelt
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Patio, Rear Porch, Screened, Side Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12119C0138D
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Circular Driveway, Off Street
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sprinkler Meter
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Lake Panasoffkee Elementary

Lot Info

  • Zoning: R2C
  • Parcel Number: J08-001
  • Additional Parcels: No
  • Lot Features: Corner Lot, Level, Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2013-09-27
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 924
  • Tax Block: 001
  • Tax Book Number: 3295/615
  • Tax Lot: 001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2018
Closed on
Mar 29, 2019
Sold by
Me And My House
Bought by
Andrews Wayne and Lee Lori
Seller's Agent
Cortney Smith
FLORIDA REALTY INVESTMENTS
Buyer's Agent
Cortney Smith
FLORIDA REALTY INVESTMENTS
List Price
$325,000
Sold Price
$190,000
Premium/Discount to List
-$135,000
-41.54%
Current Estimated Value
$368,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,559
Avg. Annual Appreciation
10.36%
Original Mortgage
$190,000
Outstanding Balance
$167,384
Interest Rate
4.3%
Mortgage Type
VA
Estimated Equity
$189,997

Purchase Details

Listed on
May 15, 2017
Closed on
Aug 10, 2017
Sold by
Rice Jessica E and Butler Jessica Rice
Bought by
Me & My House
Seller's Agent
Alex VonHartman
CARLINO REAL ESTATE GROUP INC
Buyer's Agent
Alex VonHartman
CARLINO REAL ESTATE GROUP INC
List Price
$99,900
Sold Price
$80,000
Premium/Discount to List
-$19,900
-19.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.01%

Purchase Details

Listed on
Dec 23, 2011
Closed on
Mar 6, 2013
Sold by
Roe James Michael and Roe Daniel Edward
Bought by
Rice Jessica E
Seller's Agent
Gail Barnard
FLORIDA REALTY INVESTMENTS
Buyer's Agent
Bob Gage
List Price
$86,900
Sold Price
$65,000
Premium/Discount to List
-$21,900
-25.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$75,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2006
Sold by
Gross Peggy Ann and Gross Tamara K
Bought by
Roe James E

Purchase Details

Closed on
Feb 1, 1999
Sold by
Moeller Lisa Marie
Bought by
Gross Peggy Ann and Gross Tamara K

Purchase Details

Closed on
Jan 27, 1999
Sold by
Johnson Marilyn L
Bought by
Gross Peggy Ann and Gross Tamara K

Purchase Details

Closed on
Nov 17, 1997
Sold by
Johnson Mildred S
Bought by
Panasoffkee Apt Ii Ltd
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Andrews Wayne $190,000 Americas Title Corporation
Me & My House $80,000 Attorney
Rice Jessica E $65,000 Attorney
Roe James E $130,000 None Available
Gross Peggy Ann $20,000 --
Gross Peggy Ann $20,000 --
Gross Peggy Ann $20,000 --
Panasoffkee Apt Ii Ltd $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrews Wayne $26,331
Closed Andrews Wayne $21,837
Open Andrews Wayne $190,000
Previous Owner Rice Jessica E $75,000
Previous Owner Roe James E $100,000
Previous Owner Gross Tamara K $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $190,000 -17.4% $81 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
02/19/2019 02/19/19 Price Changed $230,000 -16.4% $98 / Sq Ft
01/24/2019 01/24/19 Price Changed $275,000 -8.3% $117 / Sq Ft
12/04/2018 12/04/18 Price Changed $300,000 -7.7% $127 / Sq Ft
10/16/2018 10/16/18 For Sale $325,000 +306.3% $138 / Sq Ft
08/17/2018 08/17/18 Off Market $80,000 -- --
08/10/2017 08/10/17 Sold $80,000 -19.9% $34 / Sq Ft
07/24/2017 07/24/17 Pending -- -- --
07/08/2017 07/08/17 For Sale $99,900 -9.1% $42 / Sq Ft
07/01/2017 07/01/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $109,900 +69.1% $47 / Sq Ft
03/06/2013 03/06/13 Sold $65,000 -25.2% $25 / Sq Ft
02/11/2013 02/11/13 Pending -- -- --
02/02/2013 02/02/13 For Sale $86,900 +33.7% $34 / Sq Ft
02/01/2013 02/01/13 Off Market $65,000 -- --
12/23/2011 12/23/11 For Sale $86,900 -- $34 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $125 $115,150 -- --
2023 $125 $111,800 $0 $0
2022 $124 $108,550 $14,840 $93,710
2021 $124 $105,970 $0 $0
2020 $124 $104,510 $14,840 $89,670
2019 $1,292 $100,660 $14,840 $85,820
2018 $1,027 $81,070 $14,840 $66,230
2017 $924 $69,410 $14,840 $54,570
2016 $902 $66,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5007542

Stellar MLS

APN: J08-001