$38,500
SOLD MAY 2, 2025
0.62 Acre
$62,097 Price per Acre
27,007 Sq Ft Lot

Recently Sold

4% Below List Price

33 Days on Market

About This Lot

As of May 2025

Beautiful and spacious 0.62 acre lot in the Highly Desirable Royal Highlands area of Hernando County - Florida's Nature Coast! This Quiet, Sought-after area provides a Rural Setting with Quick Access to Shopping, Medical, Restaurants, & Golf Courses. With many Mature Trees - keep or clear as you wish, the Lot is Zoned R1C for Single Family Homes Only (no manufactured homes) & has Many New Homes around it. NO FLOOD Insurance Required, No HOA or CDD fees, Plenty of room for your RV & Boat. If you Enjoy Fishing, Hiking, Biking, Kayaking - the Gulf of Mexico, Weeki Wachee State Park/Home of the Mermaids, Chassahowitzka National Wildlife Refuge, The Suncoast Trail, & Homosassa Springs Wildlife State Park are all a Short Distance away as well as many Florida Attractions. Buy Now/Build Now or Buy Now/Build Later - Take a Look Before it's Gone!

Last Agent to Sell the Property

Migdalia Rios

LPT REALTY, LLC Brokerage Phone: 855-450-0442 License #3546126 Listed on: 03/02/2025

LPT REALTY, LLC

Co-Listed By

Daniel Perez

REAL BROKER, LLC Brokerage Phone: 855-450-0442 License #3346851

Last Buyer's Agent

Francis Ritchie

PEOPLE'S TRUST REALTY License #3493647

PEOPLE'S TRUST REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $271

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 135x200
  • Dirt Road
  • Property is zoned R1C

Utilities

  • Septic Needed

Community Details

  • No Home Owners Association
  • Royal Highlands Subdivision

Listing and Financial Details

  • Legal Lot and Block 19 / 724
  • Assessor Parcel Number R01-221-17-3360-0724-0190

Property Details

Property Type

Land

Est. Annual Taxes

$271

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.62
  • Lot Size Sq Ft: 26914
  • Number Of Lots: 1
  • Status: Sold
  • Co List Office Mls Id: MFR805521714
  • Co List Office Phone: 855-450-0442
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 1.43
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 855-450-0442
  • Tax Year: 2024
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: No
  • Road Surface Type: Dirt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Utilities

  • Utilities: Electrical Nearby, Utility Pole, Water Nearby
  • Sewer: None, Septic Needed
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

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

Lot Info

  • Zoning: R1C
  • Parcel Number: R01-221-17-3360-0724-0190
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 135x200
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 270.86
  • Tax Block: 724
  • Tax Book Number: 13-3
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2025
Closed on
May 2, 2025
Sold by
Agostini Elizabeth R
Bought by
Stone George and Stone Katherine
Seller's Agent
Migdalia Rios
LPT REALTY, LLC
Buyer's Agent
Francis Ritchie
PEOPLE'S TRUST REALTY
List Price
$40,000
Sold Price
$38,500
Premium/Discount to List
-$1,500
-3.75%
Views
3
Current Estimated Value
$71,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,500
Avg. Annual Appreciation
145.97%
Original Mortgage
$30,800
Outstanding Balance
$29,801
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$41,199
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $38,500 University Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $30,800 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2025 05/02/25 Sold $38,500 -3.8% --
05/02/2025 05/02/25 For Sale $40,000 0.0% --
04/04/2025 04/04/25 Pending -- -- --
03/17/2025 03/17/25 Pending -- -- --
03/02/2025 03/02/25 For Sale $40,000 -- --
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
2025 $370 $10,155 -- --
2024 $263 $9,232 -- --
2023 $263 $8,393 $0 $0
2022 $300 $7,630 $0 $0
2021 $140 $10,766 $10,766 $0
2020 $214 $8,343 $8,343 $0
2019 $210 $8,074 $8,074 $0
2014 $160 $5,652 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: TB8356581

Stellar MLS

APN: R01-221-17-3360-0724-0190