Seller's Agent in 2022
Alice McKillips
FLORIDA REALTY INVESTMENTS
(352) 446-4032
69 in this area
81 Total Sales
2988 N C 470 Lake Panasoffkee, FL 33538
Estimated Value: $174,494 - $206,000
2
Beds
2
Baths
1,100
Sq Ft
$171/Sq Ft
Est. Value
Highlights
- Above Ground Pool
- Outdoor Storage
- Ceiling Fan
- No HOA
- Central Heating and Cooling System
- Dog Run
About This Home
As of August 2022Just off the main road sits a quaint 2 Bed, 2 Bath, 1 Office block home. Featuring a nice double lot, a metal roof, new AC in 2020, and an above ground swimming pool, this home awaits its next owner. You can’t find a solid sight built home for this price! Now, the home is not without its imperfections, It could use some new flooring and a fresh coat of paint, but you’ll get to choose exactly what you want! Lastly, the drainfield - while it works - is in need of some repair. HOWEVER, the seller will provide a credit at closing. 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. This is a steal in todays market, come take a look before it’s gone.
Last Agent to Sell the Property
FLORIDA REALTY INVESTMENTS License #3147536 Listed on: 07/05/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $390
Year Built
- Built in 1950
Lot Details
- 0.41 Acre Lot
- Lot Dimensions are 150x120
- North Facing Home
- Dog Run
- Fenced
- Property is zoned R4M
Home Design
- Slab Foundation
- Metal Roof
- Block Exterior
Interior Spaces
- 1,100 Sq Ft Home
- Ceiling Fan
Kitchen
- Range
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Above Ground Pool
- Outdoor Storage
Schools
- Lake Panasoffkee Elementary School
- South Sumter Middle School
- South Sumter High School
Utilities
- Central Heating and Cooling System
- Thermostat
- Septic Tank
Community Details
- No Home Owners Association
- Panacoochee Retreats Subdivision
Listing and Financial Details
- Down Payment Assistance Available
- Homestead Exemption
- Visit Down Payment Resource Website
- Legal Lot and Block 4 / 10
- Assessor Parcel Number F31B043
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 5, 2022
Closed on
Aug 16, 2022
Sold by
Mae Mikels Molly
Bought by
Hirko Joseph S and Hirko Pamela A
Seller's Agent
Alice McKillips
FLORIDA REALTY INVESTMENTS
Buyer's Agent
Derek Werner
LA ROSA REALTY PRESTIGE
List Price
$174,999
Sold Price
$175,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,887
Avg. Annual Appreciation
3.39%
Original Mortgage
$125,000
Outstanding Balance
$120,129
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$73,156
Purchase Details
Closed on
Feb 11, 2020
Sold by
Webb Joseph S
Bought by
Milhels Mally Mae
Purchase Details
Closed on
Oct 26, 2012
Sold by
Buckner Don and Sears Chris
Bought by
Mikels Molly Mae
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 14, 2009
Sold by
Crampton Geraldine
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Mar 19, 2003
Sold by
Amsouth Bk
Bought by
Crampton Geraldine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 6, 2002
Sold by
Clerk Circuit Court
Bought by
Amsouth Bk
Purchase Details
Closed on
Dec 10, 1999
Sold by
Demontmollin Beulah R
Bought by
Brown Matthew W and Brown Dana M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,900
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 5, 1999
Sold by
Stimpson Ralph M and Stimpson Carol A
Bought by
Demontmollin Beulah R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,311
Interest Rate
6.8%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hirko Joseph S | $175,000 | Americas Title Corp | |
| Milhels Mally Mae | -- | None Available | |
| Mikels Molly Mae | $40,000 | Attorney | |
| Federal National Mortgage Association | -- | Attorney | |
| Crampton Geraldine | $30,000 | -- | |
| Amsouth Bk | -- | -- | |
| Brown Matthew W | $42,900 | -- | |
| Demontmollin Beulah R | $15,600 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hirko Joseph S | $125,000 | |
| Closed | Hirko Joseph S | $125,000 | |
| Previous Owner | Mikels Molly Mae | $114,758 | |
| Previous Owner | Mikels Molly Mae | $56,043 | |
| Previous Owner | Mikels Molly Mae | $34,000 | |
| Previous Owner | Crampton Geraldine | $30,000 | |
| Previous Owner | Brown Matthew W | $42,900 | |
| Previous Owner | Demontmollin Beulah R | $13,311 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2022 08/16/22 | Sold | $175,000 | 0.0% | $159 / Sq Ft |
| 07/07/2022 07/07/22 | Pending | -- | -- | -- |
| 07/05/2022 07/05/22 | For Sale | $174,999 | -- | $159 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $768 | $64,680 | $9,000 | $55,680 |
| 2023 | $768 | $61,930 | $9,000 | $52,930 |
| 2022 | $379 | $49,500 | $0 | $0 |
| 2021 | $390 | $48,060 | $0 | $0 |
| 2020 | $394 | $47,400 | $0 | $0 |
| 2019 | $308 | $39,850 | $0 | $0 |
| 2018 | $281 | $39,110 | $6,640 | $32,470 |
| 2017 | $365 | $20,910 | $6,640 | $14,270 |
| 2016 | $369 | $20,910 | $0 | $0 |
| 2015 | $373 | $20,910 | $0 | $0 |
| 2014 | $381 | $20,910 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2022
Jarrett Bishop
FLORIDA REALTY INVESTMENTS
(352) 603-3790
65 in this area
89 Total Sales
-
D
Buyer's Agent in 2022
Derek Werner
LA ROSA REALTY PRESTIGE
(863) 289-0863
1 in this area
49 Total Sales
Map
Source: Stellar MLS
MLS Number: G5057592
APN: F31B043
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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