2575 Cr 422 Lake Panasoffkee, FL 33538
Estimated payment $1,183/month
Highlights
- Oak Trees
- Garage Apartment
- Main Floor Primary Bedroom
- Above Ground Pool
- Open Floorplan
- Bonus Room
About This Home
Home with Bonus Room on Oversized Lot, with detached garage that has bathroom, and sleeping quarters.
This 2-bedroom, 1-bath home offers comfort, flexibility, and room to grow. A large bonus room—currently used as a third bedroom—adds versatile living space perfect for guests, an office, or a hobby room. The expansive lot includes a detached garage and a separate workshop with small living quarters attached—ideal for rental income, a home business, or multi-generational living. The detached garage also includes a generously sized concrete slab that extends from the building—perfect for potentially extending workshop, additional outdoor seating, parking, or even a future outdoor kitchen setup. Come update the bathroom the way that you would want it! The kitchen has been updated with nice tall custom wood cabinets and leads out to a screened back porch; a perfect spot for sipping on your coffee or ice cold beverage.
Stepping outside- situated on an oversized lot, this charming property features a completely fenced yard adorned with mature tropical plants, palm trees, and majestic oak that shades a cozy fire pit—perfect for relaxing evenings under the stars. Cool off in the above-ground pool or gather with friends in this spacious yard for ultimate outdoor enjoyment.
Located just minutes from multiple boat ramps, you’ll enjoy easy access to Lake Panasoffkee—famous for some of the best fishing in Florida. From the lake, travel down the scenic Withlacoochee River, known for viewing native wildlife in their natural habitat and seeing the beauty of old Florida.
Embrace small-town charm with the added convenience of being only minutes from The Villages, where you'll find free nightly entertainment, world-class golf, shopping, dining, and more. You’re also just a short drive to Florida’s beautiful west coast, offering waterfront dining, pristine beaches, kayaking adventures, fishing spots, and refreshing natural springs for unforgettable weekend getaways.
With quick access to I-75 and the Florida Turnpike, travel to Orlando’s theme parks and major airports is seamless. This home is the perfect blend of comfort, privacy, and access to the best of Florida living.
Equal Housing Opportunity
Listing Agent
FLORIDA REALTY INVESTMENTS Brokerage Phone: 407-207-2220 License #3381054 Listed on: 07/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,300
Year Built
- Built in 1964
Lot Details
- 0.4 Acre Lot
- Lot Dimensions are 150x120
- West Facing Home
- Wood Fence
- Chain Link Fence
- Mature Landscaping
- Oversized Lot
- Oak Trees
Parking
- 1 Car Garage
- 1 Carport Space
- Garage Apartment
Home Design
- Block Foundation
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 983 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Living Room
- Bonus Room
- Workshop
- Laundry in unit
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Outdoor Features
- Above Ground Pool
- Covered Patio or Porch
- Separate Outdoor Workshop
- Outdoor Storage
Schools
- Lake Panasoffkee Elementary School
- South Sumter Middle School
- South Sumter High School
Utilities
- Central Heating and Cooling System
- Septic Tank
- High Speed Internet
Community Details
- No Home Owners Association
- Pana Coo Chee Retreats Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 16 / 18
- Assessor Parcel Number F31C034
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,338 | $90,620 | $8,760 | $81,860 |
| 2024 | $1,028 | $90,620 | $8,760 | $81,860 |
| 2023 | $1,028 | $86,940 | $8,760 | $78,180 |
| 2022 | $1,394 | $122,100 | $9,300 | $112,800 |
| 2021 | $1,534 | $122,100 | $9,300 | $112,800 |
| 2020 | $544 | $78,740 | $0 | $0 |
| 2019 | $532 | $76,970 | $0 | $0 |
| 2018 | $490 | $75,540 | $0 | $0 |
| 2017 | $491 | $73,990 | $0 | $0 |
| 2016 | $488 | $72,470 | $0 | $0 |
| 2015 | $491 | $71,970 | $0 | $0 |
| 2014 | $502 | $71,970 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/10/2025 07/10/25 | For Sale | $205,000 | +65.3% | $209 / Sq Ft | |
| 05/19/2020 05/19/20 | Sold | $124,000 | -2.3% | $105 / Sq Ft | View Prior Sale |
| 02/21/2020 02/21/20 | Pending | -- | -- | -- | |
| 01/25/2020 01/25/20 | Price Changed | $126,900 | -0.1% | $108 / Sq Ft | |
| 11/03/2019 11/03/19 | Price Changed | $127,000 | -1.2% | $108 / Sq Ft | |
| 07/17/2019 07/17/19 | For Sale | $128,500 | -- | $109 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $100 | -- | |
| Warranty Deed | $124,000 | New Frontier Title Llc | |
| Warranty Deed | $91,500 | -- | |
| Warranty Deed | $77,000 | -- | |
| Warranty Deed | $42,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $170,940 | FHA | |
| Previous Owner | $115,995 | FHA | |
| Previous Owner | $72,800 | Fannie Mae Freddie Mac | |
| Previous Owner | $77,000 | Stand Alone First |
Source: Stellar MLS
MLS Number: G5099383
APN: F31C034
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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