NOT LISTED FOR SALE

3173 Culbreath Rd Brooksville, FL 34602

102 Acres
-- Price per Acre
4,443,120 Sq Ft Lot

Last Sold April 06, 2018

Last sale price $925,000

524 Days on Market

Highlights

  • Lake Front
  • 102 Acre Lot
  • No HOA
  • Access To Lake
  • Wooded Lot
  • Pasture

About This Lot

As of April 2018

Beautiful 102 Acres in the most sought after area of Spring Lake in Hernando County with rolling hills and expansive views. What an opportunity to own this magnificent estate property, first time to be offered up for sale in over 50 years. This property would make a great family compound with the option to subdivide and have multiple homes. Entire property is fenced and cross fenced with paved road frontage, rolling topography, grandfather oaks, abundant wildlife, lots pasture for livestock, your own private fishing lake, multiple wells, 3 fenced acres with sprinkler irrigation and one acre planted with blueberries. Currently in 3 parcels that can be sold separately, Green belted for low taxes. Property sets in the ridge that runs through Hernando & Pasco Counties. The possibilities are unlimited: fishing, hiking, horseback riding, hunting, atv riding, build a large family estate or a quiet country getaway. Great access to I 75, US 41, Suncoast Parkway and only 45 minutes to Tampa. Priced to sell.

Last Agent to Sell the Property

Bob Burbank, Jr

SOUTHLAND PROPERTIES GROUP INC License #676108 Listed on: 05/27/2016

Last Buyer's Agent

Bob Burbank, Jr

SOUTHLAND PROPERTIES GROUP INC License #676108 Listed on: 05/27/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $355

Lot Details

  • 102 Acre Lot
  • Lake Front
  • Wooded Lot
  • 4 Lots in the community
  • Additional Parcels

Additional Features

  • Lake Views
  • Pasture
  • Well

Listing and Financial Details

  • Assessor Parcel Number R14-423-19-0000-0170-0000

Community Details

Overview

  • No Home Owners Association
  • Greenbelt

Recreation

  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$355

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 102
  • Lot Size Sq Ft: 2966436
  • Number Of Lots: 4
  • Directions to Property: Powell road to south on Culbreath Road to property on west side
  • Status: Sold
  • Total Acreage: 100 to less than 200
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.84167
  • Price per Sq Ft: 0.31
  • Close to Original List Price Ratio: 0.69759
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2015
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Street Number Modifier: 3173

Exterior Features

  • View: Water
  • Waterfront: Yes
  • Water View: Lake
  • Water Access: Lake
  • Water View Y N: Yes
  • Front Footage: 1000
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12053C0351D
  • Waterfront Frontage: 1
  • Water Frontage Feet Lake: 1

Garage/Parking

  • Open Parking: No

Utilities

  • Water Source: Well
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Parcel Number: R14-423-19-0000-0170-0000
  • Additional Parcels: Yes
  • Current Use: Farm
  • Lot Features: Greenbelt, Pasture, Wooded
  • Lot Dimensions: SEE PLAT
  • Price Per Acre: 9069
  • Flood Zone Code: A
  • Flood Zone Date: 2012-02-02
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 355
  • Tax Block: n/a
  • Tax Book Number: 992-1586
  • Tax Lot: n/a

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2016
Closed on
Apr 6, 2018
Sold by
Williams Richard A and The William Family Land Trust
Bought by
Shaver Steven Lawrecen and Shaver Martha Louise
Seller's Agent
Bob Burbank, Jr
SOUTHLAND PROPERTIES GROUP INC
Buyer's Agent
Bob Burbank, Jr
SOUTHLAND PROPERTIES GROUP INC
List Price
$1,099,000
Sold Price
$925,000
Premium/Discount to List
-$174,000
-15.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
4%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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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
Shaver Steven Lawrecen $925,000 Chelsea Title Of The Nature
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Shaver Steven Lawrecen $740,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $925,000 -15.8% --
01/09/2018 01/09/18 For Sale $1,099,000 0.0% --
11/03/2017 11/03/17 Pending -- -- --
08/29/2017 08/29/17 Price Changed $1,099,000 0.0% --
08/29/2017 08/29/17 For Sale $1,099,000 +18.8% --
05/26/2017 05/26/17 Off Market $925,000 -- --
12/13/2016 12/13/16 Price Changed $1,160,000 -12.5% --
05/27/2016 05/27/16 For Sale $1,326,000 -- --
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 $1,003 $67,235 -- --
2023 $1,003 $64,758 $0 $0
2022 $1,065 $59,955 $0 $0
2021 $849 $45,458 $16,678 $28,780
2020 $820 $45,749 $16,678 $29,071
2019 $442 $20,960 $16,678 $4,282
2018 $253 $17,837 $16,326 $1,511
2017 $335 $17,837 $16,326 $1,511
2016 $324 $14,133 $0 $0
2015 $355 $17,537 $0 $0
2014 $353 $17,537 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: W7620083

Stellar MLS

APN: R14-423-19-0000-0170-0000