NOT LISTED FOR SALE

2005 Cr 429 Lake Panasoffkee, FL 33538

Estimated Value: $85,000 - $118,000

2 Beds
1 Bath
576 Sq Ft
$169/Sq Ft Est. Value

Last Sold December 18, 2013

Last sale price $9,450 $16 Per Sq Ft

Est. 900% increase in value since last sale

Current estimated payment $572/month

202 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Fenced Yard
  • Ranch Style House
  • No HOA
  • Breakfast Bar

About This Home

As of December 2013

Good things come in small packages! This 2 bedroom, 1 bath home in Lake Panasoffkee is perfect for a handyman, investor, or somebody who wants a nice project. Feels secluded, but it's just minutes from the Lake -- and I-75! Hop on the highway and travel all over Florida...but at the end of the day, return home and relax on your back porch. This would make a great vacation home. Come and see it today!

Last Agent to Sell the Property

Donald "Donnie" Bass

Citrus Real Estate Services License #3147130 Listed on: 04/30/2013

Last Buyer's Agent

Non-Member Non-Member

Non-Member Hernando

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $106

Year Built

  • Built in 1961

Lot Details

  • 9,583 Sq Ft Lot
  • Fenced Yard
  • Level Lot
  • Wooded Lot

Home Design

  • 576 Sq Ft Home
  • Ranch Style House
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Kitchen

  • Breakfast Bar
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$106

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Carport Y N: No
  • Directions: 1. Head E on FL-44 E toward CR 470 E 2. Take 1st R on CR 470 E 3. Turn R on CR 426 E 4. 2nd L on CR 429 - Home on Right
  • Garage Yn: No
  • Lot Size Acres: 0.22
  • Lot Size: 9,988 sq. ft.
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Not on List
  • Year Built: 1961
  • Special Features: 1088

Interior Features

  • Appliances: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate, Wood
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Laminate Counters, Tub Shower
  • Living Area: 576.0

Exterior Features

  • Construction Type: Wood Siding
  • Fencing: Yard Fenced
  • Lot Features: Flat, Wooded
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 106.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2013
Closed on
Dec 18, 2013
Sold by
U S Bank National Association
Bought by
Richardson Stephanie D
Seller's Agent
Donald "Donnie" Bass
Citrus Real Estate Services
Buyer's Agent
Non-Member Non-Member
Non-Member Hernando
List Price
$27,810
Sold Price
$9,450
Premium/Discount to List
-$18,360
-66.02%
Current Estimated Value
$94,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,031

Purchase Details

Closed on
Jan 9, 2013
Sold by
Griffith Brian and Griffith Ruby
Bought by
U S Bank National Association

Purchase Details

Closed on
Feb 2, 2006
Sold by
Griffith Ruby and Griffith Brian
Bought by
Griffith Brian and Griffith Ruby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,100
Interest Rate
6.14%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 26, 2006
Sold by
Harrod Ronald L
Bought by
Griffith Ruby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,100
Interest Rate
6.14%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 23, 1997
Sold by
Defiore Nicholas and Defiore Donna
Bought by
Harrod Ronald L and Harrod Ruby D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,500
Interest Rate
8.17%
Source: Public Records

Range of Values:

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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
Richardson Stephanie D $9,450 Fidelity Natl Title Fl Inc
U S Bank National Association -- Attorney
Griffith Brian -- Ovt Title Agency Llc
Griffith Ruby $11,100 Ovt Title Agency Llc
Harrod Ronald L $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Griffith Brian $50,100
Previous Owner Griffith Ruby $50,100
Previous Owner Harrod Ronald L $35,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2013 12/18/13 Sold $9,450 -66.0% $16 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $27,810 -- $48 / Sq Ft
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
2024 $595 $46,890 $5,000 $41,890
2023 $595 $29,670 $0 $0
2022 $424 $31,240 $5,270 $25,970
2021 $432 $29,370 $5,270 $24,100
2020 $425 $28,260 $5,270 $22,990
2019 $419 $28,260 $5,270 $22,990
2018 $366 $25,040 $5,270 $19,770
2017 $317 $16,770 $5,270 $11,500
2016 $320 $16,770 $0 $0
2015 $324 $16,770 $0 $0
2014 $330 $16,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Donald "Donnie" Bass

    Citrus Real Estate Services

  • N

    Buyer's Agent in 2013

    Non-Member Non-Member

    Non-Member Hernando

See All Agents

Map

Source: REALTORS® Association of Citrus County

MLS Number: 702630

REALTORS® Association of Citrus County

APN: F31B012

Florida Sumter County Lake Panasoffkee 33538

2005 Cr 429, Lake Panasoffkee, FL

This home is located at 2005 Cr 429, Lake Panasoffkee, FL 33538 since 30 April 2013 and is currently estimated at $97,631, approximately $169 per square foot. This property was built in 1961. 2005 Cr 429 is a home located in Sumter County with nearby schools including Lake Panasoffkee Elementary School, South Sumter Middle School, and South Sumter High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTORS® Association of Citrus County IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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