NOT LISTED FOR SALE

2574 Cr 448 Lake Panasoffkee, FL 33538

Estimated Value: $190,531 - $251,000

2 Beds
1 Bath
1,066 Sq Ft
$212/Sq Ft Est. Value

Last Sold June 14, 2022

Last sale price $199,900 $188 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,327/month

7 Days on Market

Highlights

  • Boathouse
  • River Access
  • Terrazzo Flooring
  • 80 Feet of Fresh Water Canal Waterfront
  • Canal View
  • Central Heating and Cooling System

About This Home

As of June 2022

Here's the canvas to paint your waterfront getaway into existence! Sitting on a small and easily maintainable lot is a quant block home offering 2 Bedrooms, 1 Bath, a comfortable 1066 SqFt, a lovely enclosed porch, and a canal just 150 yards away from the lake. With a new Roof put on just DAYS ago, a new water heater not much later, new paint and repairs made throughout the hard work is done! Priced with the understanding you'll likely want to do more improvements, it is very much livable in its current state. Paint the kitchen cabinets and polish the Terrazzo floors or remodel the kitchen and place new flooring down. The options are yours! Don't let algae topped canal fool you, its perfectly navigable and just needs to be used! While there is a boat house, it has caved in and is need of repairs. Lake Panasoffkee offers an A+ Elementary School, Amazing Local Restaurants, and a true spring fed lake that is one of Florida's best hot spots for Largemouth bass, bluegill, sunfish, and catfish. Enjoy rural living while being minutes from I-75, allowing easy commute to Orlando, Gainesville, Tampa, and the Villages.

Last Agent to Sell the Property

Jarrett Bishop

FLORIDA REALTY INVESTMENTS License #3462013 Listed on: 05/10/2022

FLORIDA REALTY INVESTMENTS

Co-Listed By

Gail Barnard

FLORIDA REALTY INVESTMENTS License #3134001

Last Buyer's Agent

Paige Smith

FUTURE HOME REALTY INC License #3309035

FUTURE HOME REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $419

Year Built

  • Built in 1966

Lot Details

  • 6,720 Sq Ft Lot
  • Lot Dimensions are 80x84
  • 80 Feet of Fresh Water Canal Waterfront
  • Southeast Facing Home
  • Property is zoned R4C

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,066 Sq Ft Home
  • Canal Views
  • Range

Flooring

  • Terrazzo
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • River Access
  • Access To Lake
  • Access to Freshwater Canal
  • Boathouse

Schools

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

Utilities

  • Central Heating and Cooling System
  • Baseboard Heating
  • Septic Tank

Community Details

  • John Russell Association, Phone Number (352) 444-2146
  • Thunderbird Terrace Add 01 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$419

Year Built

Built in 1966

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1066
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1966
  • Building Area Total: 1366
  • Lot Size Sq Ft: 6720
  • Directions to Property: Head northwest on N County Rd 470 for 2.8 miles > Turn right onto Sumter County Rd 437 > Turn left onto Co Rd 446 > Turn left onto Sumter County Rd 448 > House will be on left.
  • Status: Sold
  • Co List Office Mls Id: MFR50344
  • Co List Office Phone: 407-207-2220
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Lakeland
  • Escrow Postal Code: 33801
  • Escrow State: FL
  • Escrow Street Name: N Kentucky Ave
  • Escrow Street Number: 256
  • List Office Head Office Key Nume: 1049636
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 187.52
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo, Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 2574
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 99.03
  • Room Count: 5

Exterior Features

  • Direction Faces: Southeast
  • Other Structures: Boat House
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Canal - Freshwater,Lake,River
  • Water Extras: Boathouse
  • Water Extras YN: 1
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 80
  • Water Frontage Feet Canal Fresh: 80

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Baseboard, Central
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 28
  • Association Fee Frequency: Annually
  • Association Name: John Russell
  • Phone: 352-444-2146
  • Association: Yes
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: Jgcrash2@aol.com

Fee Information

  • Total Annual Fees: 28.00
  • Total Monthly Fees: 2.33
  • Monthly HOA Amount: 2.33

Schools

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

Lot Info

  • Zoning: R4C
  • Parcel Number: F32N037
  • Additional Parcels: No
  • Lot Dimensions: 80x84
  • Flood Zone Code: X, AE
  • Homestead YN: 0
  • Lot Size Square Meters: 624

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 419.12
  • Tax Block: A
  • Tax Book Number: 3-28
  • Tax Lot: 5

Multi Family

  • Waterfront Features: Canal - Freshwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2022
Closed on
Jun 14, 2022
Sold by
Tunningley Bonnie J
Bought by
Luis Zoilo and Luis Odalmi
Seller's Agent
Jarrett Bishop
FLORIDA REALTY INVESTMENTS
Buyer's Agent
Paige Smith
FUTURE HOME REALTY INC
List Price
$199,900
Sold Price
$199,900
Current Estimated Value
$225,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,733
Avg. Annual Appreciation
5.01%
Original Mortgage
$159,920
Outstanding Balance
$153,211
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$80,760

Purchase Details

Closed on
Jul 21, 1997
Sold by
Mahler Margaret A and Mahler William M
Bought by
Austin Donald S and Austin Jane H
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Luis Zoilo $199,900 None Listed On Document
Austin Donald S $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luis Zoilo $159,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Off Market $199,900 -- --
06/14/2022 06/14/22 Sold $199,900 0.0% $188 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $199,900 -- $188 / 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 $1,179 $106,240 $5,930 $100,310
2023 $1,179 $101,490 $5,930 $95,560
2022 $1,203 $103,770 $7,080 $96,690
2021 $419 $51,240 $0 $0
2020 $428 $50,540 $0 $0
2019 $427 $49,410 $0 $0
2018 $386 $48,490 $0 $0
2017 $383 $47,500 $0 $0
2016 $376 $46,530 $0 $0
2015 $377 $46,210 $0 $0
2014 -- $45,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jarrett Bishop

    Seller's Agent in 2022

    Jarrett Bishop

    FLORIDA REALTY INVESTMENTS

    (352) 603-3790

    64 in this area

    88 Total Sales

    Jarrett Bishop
    Section Image
  • Gail Barnard

    Seller Co-Listing Agent in 2022

    Gail Barnard

    FLORIDA REALTY INVESTMENTS

    (352) 603-3583

    46 in this area

    56 Total Sales

    Gail Barnard
    Section Image
  • Paige Smith

    Buyer's Agent in 2022

    Paige Smith

    FUTURE HOME REALTY INC

    (813) 684-9500

    1 in this area

    48 Total Sales

    Paige Smith
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: G5055222

Stellar MLS

APN: F32N037

Florida Sumter County Lake Panasoffkee 33538

2574 Cr 448, Lake Panasoffkee, FL

This home is located at 2574 Cr 448, Lake Panasoffkee, FL 33538 since 10 May 2022 and is currently estimated at $225,633, approximately $211 per square foot. This property was built in 1966. 2574 Cr 448 is a home located in Sumter County with nearby schools including Lake Panasoffkee Elementary School, South Sumter High School, and South Sumter Middle 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.

Stellar MLS 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes