NOT LISTED FOR SALE

1364 County Road 440 Lake Panasoffkee, FL 33538

Estimated Value: $206,247 - $242,000

2 Beds
2 Baths
1,248 Sq Ft
$178/Sq Ft Est. Value

Last Sold January 02, 2024

Last sale price $210,000 $168 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,286/month

106 Days on Market

Highlights

  • Boat Ramp
  • Accessible Hallway
  • Shed
  • Fishing
  • Central Living Area
  • Tile Flooring

About This Home

As of January 2024

Discover the perfect blend of comfort, functionality, and waterfront living in this charming 2-bedroom, 2-bath home located in the sought-after Tracy's Point community on Lake Panasoffkee. Boasting a thoughtful layout, modern updates, and a range of possibilities, this property offers a unique opportunity to embrace the serene lake community lifestyle. With 1,248 square feet of well-designed living space, this home is an epitome of cozy yet spacious living. The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating an inviting and warm atmosphere for everyday living and entertaining. Imagine the flexibility of adding a third bedroom with the simple addition of one wall. This potential room expansion makes the home adaptable to your evolving needs, whether it's a guest room, home office, or additional living space. A brand-new roof provides peace of mind and long-lasting protection. Updated double-paned windows with solar screens not only enhance energy efficiency but also allow you to enjoy the scenic beauty outside while staying comfortable indoors. Step into the heart of the home—a kitchen adorned with custom oak cabinets, offering ample storage space for your culinary endeavors. The wood look tile throughout the living areas combines aesthetics and practicality, making maintenance a breeze. The screened-in back porch beckons you to unwind and soak in the tranquil views of the fenced backyard adorned with mature trees and lush landscaping. Two sheds provide extra storage, ensuring a clutter-free living environment. Residents of Tracy's Point enjoy the privilege of a shared private boat ramp, offering easy access to Lake Panasoffkee's waterways. This active and friendly community hosts planned gatherings, fostering a sense of camaraderie among neighbors. Covered carport parking ensures your vehicles stay protected. The home is equipped with a hardwired security system for added peace of mind. Stay connected with high-speed internet, enabling you to work, stream, and communicate effortlessly. This home presents an opportunity to live the coveted lake community lifestyle in Tracy's Point. If you're ready to seize this unique chance, schedule a viewing today and imagine the countless memories waiting to be created in this home.

Last Agent to Sell the Property

Asheley Raybon

DUTEAU REALTY INC Brokerage Phone: 352-396-0584 License #3415919 Listed on: 08/23/2023

Last Buyer's Agent

Nicole Tucci

CENTURY 21 PRIME PROPERTY RESOURCES INC License #3302455

CENTURY 21 PRIME PROPERTY RESOURCES INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $537

Year Built

  • Built in 1976

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 100x137
  • Southeast Facing Home
  • Property is zoned R4C

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,248 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Central Living Area
  • Accessible Hallway

Outdoor Features

  • Boat Ramp
  • Shed

Schools

  • Lake Panasoffkee Elementary School
  • South Sumter Middle School
  • South Sumter High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Paul Lauer Secretary Association
  • 3Rd Add Tracys Pt Subdivision

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$537

Year Built

Built in 1976

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1248
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 1976
  • Accessibility Features: Accessible Hallway(s), Accessible Central Living Area
  • Building Area Total: 1248
  • Lot Size Sq Ft: 13700
  • Directions to Property: From I-75, take the Exit for Lake Panasoffkee CR 470. Take CR 470 West for about 3 miles. Turn right onto CR 439. Take a slight left turn onto CR 440. The home is on the left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 0
  • Escrow State: FL
  • List Office Head Office Key Nume: 523489916
  • RATIO Current Price By Calculate: 168.27
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 352-396-0584
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Block, Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 1364
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 115.94
  • Room Count: 8

Exterior Features

  • Direction Faces: Southeast
  • Other Structures: Shed(s)
  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water Extras: Boat Ramp - Private
  • Water Extras YN: 1
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fishing
  • Association Fee: 28
  • Association Fee Frequency: Annually
  • Association Name: Paul Lauer- Secretary
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: Required
  • Association Email: tracysweb33538@gmail.com

Fee Information

  • Total Annual Fees: 28.00
  • Total Monthly Fees: 2.33
  • Monthly HOA Amount: 2.33

Schools

  • Elementary School: Lake Panasoffkee Elementary
  • High School: South Sumter High
  • Middle Or Junior School: South Sumter Middle

Lot Info

  • Zoning: R4C
  • Parcel Number: F32F160
  • Additional Parcels: No
  • Lot Dimensions: 100x137
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 1273

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Partially
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 536.77
  • Tax Block: 8
  • Tax Book Number: 2-31
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Dec 18, 2023
Sold by
Bleacher James Elvin and Bleacher Susan J
Bought by
Baucom Janet M and Baucom Terry W
Seller's Agent
Asheley Raybon
DUTEAU REALTY INC
Buyer's Agent
Nicole Tucci
CENTURY 21 PRIME PROPERTY RESOURCES INC
List Price
$270,000
Sold Price
$210,000
Premium/Discount to List
-$60,000
-22.22%
Views
118
Current Estimated Value
$226,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,177
Avg. Annual Appreciation
3.70%
Original Mortgage
$151,750
Outstanding Balance
$146,105
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$76,457

Purchase Details

Closed on
Jun 2, 2014
Sold by
Bleacher James Elvin and Bleacher Susan J
Bought by
Bleacher James Elvin and Bleacher Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,344
Interest Rate
4.23%
Mortgage Type
VA

Purchase Details

Closed on
Oct 9, 2009
Sold by
Powlus Florence D and Groves Nancy A
Bought by
Bleacher James E and Bleacher Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,741
Interest Rate
5.1%
Mortgage Type
VA

Purchase Details

Closed on
Jun 18, 2004
Sold by
Clark Florence E
Bought by
Powlus Florence D and Groves Nancy A

Purchase Details

Closed on
Nov 30, 1999
Sold by
Mcarthur Betty
Bought by
Clark Florence E
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
Baucom Janet M $210,000 Americas Title Corp
Baucom Janet M $210,000 Americas Title Corp
Bleacher James Elvin -- All Star Title Inc
Bleacher James E $99,600 Attorney
Powlus Florence D -- --
Clark Florence E $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baucom Janet M $151,750
Closed Baucom Janet M $151,750
Previous Owner Bleacher Susan J $93,000
Previous Owner Bleacher James Elvin $100,344
Previous Owner Bleacher James E $101,741
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2024 01/02/24 Sold $210,000 -8.7% $168 / Sq Ft
12/08/2023 12/08/23 Pending -- -- --
11/07/2023 11/07/23 Price Changed $230,000 -8.0% $184 / Sq Ft
09/08/2023 09/08/23 Price Changed $249,950 -3.9% $200 / Sq Ft
09/01/2023 09/01/23 Price Changed $260,000 -3.7% $208 / Sq Ft
08/23/2023 08/23/23 For Sale $270,000 -- $216 / 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 $554 $99,940 $12,240 $87,700
2023 $554 $84,280 $0 $0
2022 $537 $83,670 $0 $0
2021 $556 $81,240 $0 $0
2020 $621 $80,120 $0 $0
2019 $611 $78,320 $0 $0
2018 $561 $76,860 $0 $0
2017 $558 $75,280 $0 $0
2016 $554 $73,740 $0 $0
2015 $558 $73,230 $0 $0
2014 $571 $73,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5072475

Stellar MLS

APN: F32F160