NOT LISTED FOR SALE

2500 E Modern Ct Hernando, FL 34442

Hernando Area
-- Bed
-- Bath
3,828 Sq Ft
0.5 Acre Lot

Sale Details

Date Sold: December 28, 2018

Last sale price $262,500 $69 Per Sq Ft

20 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Vinyl Flooring

About This Home

As of December 2018

GREAT MULTI-FAMILY INVESTMENT PROPERTY IN HERNANDO! This FOURPLEX is a CASH COW and located in a great area close to shopping and highway access. 3 of the 4 units have just been COMPLETELY UPDATED with NEW PAINT, NEW FLOORING, NEW FIXTURES, and NEW APPLIANCES! Each unit is a 2 bedroom, 1 bath and 957 sq ft. 2 units are upstairs and 2 units are downstairs. Each unit averages $750 per month rent! This is a GREAT PROPERTY and a GREAT OPPORTUNITY for an investor! Come see it TODAY!

Last Agent to Sell the Property

Matt Buttner

List Now Realty, LLC License #3248540 Listed on: 11/08/2018

Last Buyer's Agent

Kathryn Rankin

Tropic Shores Realty License #3106437

Tropic Shores Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,519

Year Built

  • Built in 1982

Lot Details

  • 21,820 Sq Ft Lot
  • Cleared Lot

Parking

  • Unpaved Parking

Home Design

  • Quadruplex
  • Block Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 3,828 Sq Ft Home
  • Multi-Level Property
  • Vinyl Flooring

Kitchen

  • Electric Oven
  • Range with Range Hood

Schools

  • Hernando Elementary School
  • Citrus Springs Middle School
  • Lecanto High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Water Heater

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Hercala Acres Subdivision

Building Details

  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,519

Year Built

Built in 1982

Lot Details

0.5 Acres

Listing Details

  • Architectural Style: Multi-Level
  • Directions: CR 486/E. NORVELL BRYANT HWY TO NORTH ON N. FATIMA AVE. LEFT ON E. MODERN CT. PROPERTY ON CORNER OF FATIMA/MODERN.
  • Lot Size Acres: 0.5
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Prop. Type: Residential Income
  • Road Surface Type: Unimproved
  • Subdivision Name: Hercala Acres
  • Year Built: 1982
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Oven, Oven, Range, Refrigerator, Range Hood, Water Heater
  • Flooring: Vinyl
  • Living Area: 3828.0

Exterior Features

  • Construction Type: Frame, Stucco, Vinyl Siding
  • Foundation Details: Block, Slab
  • Lot Features: Cleared
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: Unpaved

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hernando
  • High School: Lecanto
  • Middle Or Junior School: Citrus Springs

Lot Info

  • Lot Size Sq Ft: 21820.0
  • Zoning: MDRM
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 36000.0
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2519.0
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2018
Closed on
Dec 21, 2018
Sold by
Bought by
Seller's Agent
Matt Buttner
List Now Realty, LLC
Buyer's Agent
Kathryn Rankin
Tropic Shores Realty
List Price
$275,900
Sold Price
$262,500
Premium/Discount to List
-$13,400
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,875
Outstanding Balance
$170,731
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2014
Sold by
Bought by

Purchase Details

Closed on
May 17, 2004
Sold by
Bought by

Purchase Details

Closed on
May 1, 2004
Bought by

Purchase Details

Closed on
Jun 1, 1987
Bought by

Purchase Details

Closed on
May 1, 1983
Bought by

Purchase Details

Closed on
Nov 1, 1981
Bought by

Purchase Details

Closed on
Aug 1, 1981
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$262,500 Equitable Title Of Mid Fl Ll
$72,000 Attorney
-- --
$100 --
$110,000 --
$100 --
$6,500 --
$3,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $196,875
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $262,500 -4.9% $69 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
11/08/2018 11/08/18 For Sale $275,900 -- $72 / Sq Ft
Source: REALTORS® Association of Citrus County

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,155 $342,320 $34,000 $308,320
2024 $4,211 $296,790 $34,000 $262,790
2023 $4,211 $279,920 $34,000 $245,920
2022 $3,618 $229,140 $34,000 $195,140
2021 $3,253 $199,300 $34,000 $165,300
2020 $2,960 $175,030 $34,000 $141,030
2019 $2,988 $174,450 $34,000 $140,450
2018 $2,692 $158,070 $34,000 $124,070
2017 $2,519 $142,860 $34,000 $108,860
2016 $2,598 $142,290 $34,000 $108,290
2015 $2,624 $141,510 $34,000 $107,510
2014 $2,700 $141,165 $31,162 $110,003
Source: Public Records

Agents Affiliated with this Home

  • Matt Buttner

    Seller's Agent in 2018

    Matt Buttner

    List Now Realty, LLC

    (352) 385-7636

    906 Total Sales

    Matt Buttner
    Section Image
  • Kathryn Rankin

    Buyer's Agent in 2018

    Kathryn Rankin

    Tropic Shores Realty

    (352) 422-0355

    21 Total Sales

    Kathryn Rankin
    Section Image
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Map

Source: REALTORS® Association of Citrus County

MLS Number: 778289

REALTORS® Association of Citrus County
Florida Citrus County Hernando 34442

2500 E Modern Ct, Hernando, FL

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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