NOT LISTED FOR SALE

1990 E Norvell Bryant Hwy Hernando, FL 34442

Estimated Value: $325,165

7.2 Acres
$45,162 Price per Acre
313,632 Sq Ft Lot

Last Sold February 13, 2019

Last sale price $205,000

Est. 59% increase in value since last sale

Current estimated payment $2,009/month

272 Days on Market

Highlights

  • 7.2 Acre Lot
  • Corner Lot
  • No HOA
  • Wooded Lot

About This Lot

As of February 2019

7.20 acres, more or less, commercial zoned corner location just west of Hernando on Hwy 486 and Page. Over 600 feet of highway frontage with access from 3 streets, Hwy 486, Page and Virts Court in the rear. 400 feet depth is zoned General Commercial with Low Density Residential in the rear. Corner location offers easy access coming from either direction on 4 lanes of Hwy 486 offering prime exposure and visibility. General commercial zoning offers an array of uses. Convenient to Hernando, Ocala, Beverly Hills, Citrus Hills, Inverness and Crystal River.

Last Agent to Sell the Property

Roy Bass

All Citrus Realty License #128783 Listed on: 04/17/2018

Last Buyer's Agent

Debra McFarland

Tropic Shores Realty License #3192281

Tropic Shores Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,322

Lot Details

  • 7.2 Acre Lot
  • Property fronts a county road
  • Corner Lot
  • Rectangular Lot
  • Wooded Lot
  • Landscaped with Trees
  • Property is zoned GNC

Schools

  • Hernando Elementary School
  • Inverness Middle School
  • Citrus High School

Utilities

  • Septic Needed

Community Details

  • No Home Owners Association
  • Hercala Acres Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$4,322

Lot Details

0

Listing Details

  • Directions: From intersection of US Hwy 41 and CR 486 in Hernando go west approximately 3 miles. Subject property will be on the left on the corner of Page and 486.
  • Lot Size Acres: 7.2
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Hercala Acres
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Lot Features: Acreage, Corner Lot, Rectangular, Trees, Wooded
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hernando
  • High School: Citrus
  • Middle Or Junior School: Inverness

Lot Info

  • Lot Size Sq Ft: 314960.0
  • Zoning: GNC
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4322.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2018
Closed on
Feb 13, 2019
Sold by
Mafadini William E and Mafadini Debra K
Bought by
Citrus Hills Storage Llc
Seller's Agent
Roy Bass
All Citrus Realty
Buyer's Agent
Debra McFarland
Tropic Shores Realty
List Price
$289,900
Sold Price
$205,000
Premium/Discount to List
-$84,900
-29.29%
Current Estimated Value
$325,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,165
Original Mortgage
$160,000
Outstanding Balance
$60,059
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 7, 2014
Sold by
Carroll Joseph R and The Joeph R Carroll Revocable
Bought by
The Mafadini Revocable Family Trust
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 Buyer Sale Price Title Company
Citrus Hills Storage Llc $205,000 First Intl Title Inc
The Mafadini Revocable Family Trust $170,000 American Title Services Of C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Citrus Hills Storage Llc $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2019 02/13/19 Sold $205,000 -29.3% --
01/14/2019 01/14/19 Pending -- -- --
04/17/2018 04/17/18 For Sale $289,900 -- --
Source: REALTORS® Association of Citrus County

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 $17,246 $1,455,920 $160,160 $1,295,760
2024 $15,962 $1,318,690 $149,640 $1,169,050
2023 $15,962 $1,187,360 $149,640 $1,037,720
2022 $10,623 $703,970 $149,640 $554,330
2021 $2,179 $144,890 $144,890 $0
2020 $2,218 $144,890 $144,890 $0
2019 $2,248 $144,890 $144,890 $0
2018 $2,188 $144,890 $144,890 $0
2017 $2,237 $144,890 $144,890 $0
2016 $2,439 $151,910 $151,910 $0
2015 $2,502 $151,910 $151,910 $0
2014 $2,992 $176,633 $176,633 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Roy Bass

    All Citrus Realty

    Section Image

  • D

    Buyer's Agent in 2019

    Debra McFarland

    Tropic Shores Realty

    (352) 422-5835

    9 in this area

    71 Total Sales

    Debra McFarland
    Section Image
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Map

Source: REALTORS® Association of Citrus County

MLS Number: 771977

REALTORS® Association of Citrus County

APN: 19E-18S-27-0010-000A0-0120

Florida Citrus County Hernando 34442

1990 E Norvell Bryant Hwy, Hernando, FL

Not Listed for Sale

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