NOT LISTED FOR SALE

Estimated Value: $123,790 - $137,000

1 Bed
1 Bath
1,008 Sq Ft
$131/Sq Ft Est. Value

Last Sold May 23, 2014

Last sale price $27,000 $27 Per Sq Ft

Est. 386% increase in value since last sale

Current estimated payment $772/month

69 Days on Market

Highlights

  • Ranch Style House
  • Beamed Ceilings
  • Ceramic Tile Flooring
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Partially Fenced Property

About This Home

As of May 2014

Lake Panasoffkee 1/1 featuring 1,008 square feet of living, beamed ceilings, patio, partial fencing and dining area. Conveniently located to I-75. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Tomika Spires-Hanssen

Keller Williams Realty - Elite Partners II License #696338 Listed on: 02/17/2014

Keller Williams Realty - Elite Partners II

Co-Listed By

Kimberly Mkhwane

Keller Williams Realty - Elite Partners II License #3187443

Last Buyer's Agent

Ernestine Brinager

Tropic Shores Realty License #3284935

Tropic Shores Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $487

Year Built

  • Built in 1949

Lot Details

  • 8,712 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Ranch Style House
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,008 Sq Ft Home
  • Beamed Ceilings
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Warming Drawer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Septic Tank

Community Details

  • No Home Owners Association
  • Magnolia Shores Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$487

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Carport Y N: No
  • Co List Office Mls Id: 1430
  • Co List Office Phone: (352) 726-5263
  • Directions: 44W to right on 470. Left on 431. Stay left on 431, home is on the right.
  • Garage Yn: No
  • Lot Size Acres: 0.2
  • Lot Size: 50x170 MOL Per Sumter Co Property Appraiser
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Magnolia Shores
  • Year Built: 1949
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Oven, Warming Drawer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Beamed Ceilings, First Floor Entry
  • Living Area: 1008.0

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Unpaved Driveway
  • Fencing: Partial
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 487.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2023
Sold by
Newman Richard
Bought by
Newman Ryan
Current Estimated Value
$131,129

Purchase Details

Listed on
Feb 17, 2014
Closed on
May 23, 2014
Sold by
Fannie Mae
Bought by
Newman Richard
Seller's Agent
Tomika Spires-Hanssen
Keller Williams Realty - Elite Partners II
Buyer's Agent
Ernestine Brinager
Tropic Shores Realty
List Price
$38,500
Sold Price
$27,000
Premium/Discount to List
-$11,500
-29.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.67%

Purchase Details

Closed on
Dec 5, 2013
Sold by
King Evelyn
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 4, 1998
Sold by
Long Vicki K and Long Vicki Denise
Bought by
King Michael S and King Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
6.87%

Purchase Details

Closed on
Sep 27, 1995
Sold by
Mclean Ralph L and Mclean Erlinda
Bought by
Long Vicki K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,550
Interest Rate
7.83%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Newman Ryan -- --
Newman Richard $27,000 Attorney
Federal National Mortgage Association -- None Available
King Michael S $39,800 --
Long Vicki K $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Michael S $15,000
Previous Owner King Michael S $100,000
Previous Owner King Michael S $41,000
Previous Owner King Michael S $20,000
Previous Owner King Michael S $24,000
Previous Owner Long Vicki K $35,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2014 05/23/14 Sold $27,000 -29.9% $27 / Sq Ft
04/23/2014 04/23/14 Pending -- -- --
02/13/2014 02/13/14 For Sale $38,500 -- $38 / Sq Ft
Source: REALTORS® Association of Citrus County

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 $577 $45,320 $7,200 $38,120
2023 $577 $43,520 $7,200 $36,320
2022 $642 $49,830 $4,430 $45,400
2021 $700 $49,830 $4,430 $45,400
2020 $792 $60,630 $4,430 $56,200
2019 $778 $60,630 $4,430 $56,200
2018 $646 $51,380 $4,430 $46,950
2017 $569 $38,580 $4,430 $34,150
2016 $569 $38,580 $0 $0
2015 $530 $34,030 $0 $0
2014 $542 $34,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 708692

REALTORS® Association of Citrus County

APN: F29B047