$399,000
SOLD FEB 21, 2025
3 Beds
2 Baths
1,512 Sq Ft
9.87 Acres

Recently Sold

$264 Per Sq Ft

11% Below List Price

46 Days on Market

Highlights

  • Oak Trees
  • 9.87 Acre Lot
  • Pole Barn
  • Pond View
  • Ranch Style House
  • Stone Countertops

About This Home

As of February 2025

Lake Panasoffkee Beauty! Nestled on 10 peaceful acres, this charming 2022-built home offers a tranquil retreat surrounded by nature. The property features a fish pond and a marsh at the northern edge, along with beautiful oak trees and abundant wildlife, making it an ideal setting for nature lovers. The possibilities are endless with this beautiful acreage. The land is fully fenced and includes a rustic barn (complete with electric), perfect for any chores or hobbies. The home is equipped with a 200 amp electric service for all your needs.
Conveniently located 60 miles north of Tampa, 60 miles west of Orlando, and right next door to The Villages, this property offers easy access to major cities while maintaining a serene, rural lifestyle. You’ll also enjoy proximity to Lake Panasoffkee, the Withlacoochee River, and several nearby wildlife management areas that has opportunities for hunting, fishing, and horseback riding. Makes an easy commute to the Charter school and shopping and essentials are a short drive away as well!

Last Agent to Sell the Property

Lena Williams

MORRIS REALTY AND INVESTMENTS Brokerage Phone: 352-435-4663 License #691608 Listed on: 12/06/2024

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,606

Year Built

  • Built in 2022

Lot Details

  • 9.87 Acre Lot
  • Unincorporated Location
  • Southeast Facing Home
  • Oversized Lot
  • Oak Trees
  • Property is zoned R10C

Home Design

  • Ranch Style House
  • Stem Wall Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,512 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Pond Views
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower

Outdoor Features

  • Covered patio or porch
  • Pole Barn
  • Separate Outdoor Workshop

Schools

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

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Water Filtration System
  • 1 Water Well
  • Electric Water Heater
  • 1 Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,606

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1512
  • Lot Size Acres: 9.87
  • New Construction: No
  • Year Built: 2022
  • Building Area Total: 1836
  • Lot Size Sq Ft: 429937
  • Directions to Property: From I-75 and CR 470 travel west to CR 479, turn left and go to CR 416, turn right and go to the property on the right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Leesburg
  • Escrow Postal Code: 34788
  • Escrow State: FL
  • Escrow Street Name: US Hwy 441 Ste 106
  • Escrow Street Number: 9800
  • List Office Head Office Key Nume: 1039724
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 263.89
  • Total Acreage: 5 to less than 10
  • Unit Number YN: 0
  • Water Access YN: 0
  • Barn Features: Pole Barn
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-435-4663
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Concrete
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Water Filtration System
  • Foundation Details: Stem Wall
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 1641
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 140.47
  • Room Count: 7

Exterior Features

  • Direction Faces: Southeast
  • Other Structures: Barn(s), Workshop
  • Exterior Features: Other
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Zoning: R10C
  • Parcel Number: J06-064
  • Additional Parcels: No
  • Lot Features: In County, Oversized Lot, Paved, Unincorporated, Zoned for Horses
  • Flood Zone Code: A
  • Homestead YN: 1
  • Lot Size Square Meters: 39942

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1606.28
  • Tax Block: N/A
  • Tax Book Number: N/A
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2024
Closed on
Feb 21, 2025
Sold by
Copen James R
Bought by
Adams Jacob and Beserock Brooke
Seller's Agent
Lena Williams
MORRIS REALTY AND INVESTMENTS
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$449,000
Sold Price
$399,000
Premium/Discount to List
-$50,000
-11.14%
Views
119
Current Estimated Value
$414,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,988
Avg. Annual Appreciation
4.52%
Original Mortgage
$379,050
Outstanding Balance
$378,742
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$28,280

Purchase Details

Closed on
Nov 21, 2018
Sold by
Merritt Joel A and Merritt Evan D
Bought by
Copen James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.9%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $399,000 Brokers Title
Warranty Deed $80,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $379,050 New Conventional
Previous Owner $267,300 New Conventional
Previous Owner $60,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $399,000 0.0% $264 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
01/14/2025 01/14/25 Price Changed $399,000 -7.2% $264 / Sq Ft
12/13/2024 12/13/24 Price Changed $429,900 -4.3% $284 / Sq Ft
12/06/2024 12/06/24 For Sale $449,000 -- $297 / 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 $1,386 $157,840 -- --
2023 $1,386 $159,420 $0 $0
2022 $10 $970 $0 $0
2021 $11 $970 $970 $0
2020 $12 $970 $970 $0
2019 $12 $970 $970 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Stellar MLS

MLS Number: G5090009

Stellar MLS

APN: J06-064