NOT LISTED FOR SALE

3248 N Caves Valley Path Lecanto, FL 34461

Black Diamond Neighborhood

Estimated Value: $75,327 - $281,000

0.55 Acre
$238,331 Price per Acre
23,958 Sq Ft Lot

Last Sold June 22, 2023

Last sale price $76,000

Est. 72% increase in value since last sale

Current estimated payment $865/month

223 Days on Market

Highlights

  • Lake Front
  • Room in yard for a pool
  • Cul-De-Sac
  • Gated Community
  • Wooded Lot
  • Shops

About This Lot

As of June 2023

LET YOUR IMAGINATION RUN WILD DESIGNING THE PERFECT DREAM HOME ON THIS EXTRAORDINARY LOT WITH AN EXCEPTIONAL VIEW OF THE RANCH COURSE HOLE #8, ONE OF THE MOST STUNNING LAKE HOLES ON THE GOLF COURSE! Located in the Guard Gated Enclave known as Black Diamond Ranch, this Homesite sold in 2004 for $230,000. If You are simply looking for a Great Investment, Look No Further As Property Prices are Dramatically Escalating in Black Diamond and there is No Timeline to Build. What Sets Black Diamond apart from So Many Florida Communities are the Boundless Acres of Green Space, the Gorgeous Live Oaks and 45 Holes of Fazio Golf. The View of the Green, Water and Fairway is Extraordinary and the Optional Golf Membership into Black Diamond Club can be Included with the Buyer Paying a Nominal Transfer Fee. Citrus County, known as "The Nature Coast" offers Superb Fishing, Boating, Kayaking, Paddle Boarding and Golfing plus Biking on the Rails to Trails provides 45 Miles of Biking Enjoyment. The Recently Opened Suncoast Parkway Extension makes Tampa and it's User Friendly Tampa Airport a hop, skip and jump away from Black Diamond!

Last Agent to Sell the Property

Leslie Landham

RE/MAX Foxfire - HWY 40 License #3051647 Listed on: 10/27/2022

RE/MAX Foxfire - HWY 40

Last Buyer's Agent

Andrea Cincotta

BHHS Florida Properties Group License #3511226

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $510

Lot Details

  • 0.55 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Cul-De-Sac
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Landscaped with Trees
  • Property is zoned PDR

HOA Fees

  • $143 Monthly HOA Fees

Property Views

  • Lake Views

Schools

  • Central Ridge Elementary School
  • Citrus Springs Middle School
  • Lecanto High School

Utilities

  • Underground Utilities
  • High Speed Internet

Community Details

Overview

  • Association fees include cable TV, high speed internet, legal/accounting, reserve fund, road maintenance, street lights, security
  • Black Diamond Poa, Phone Number (727) 232-1173
  • Black Diamond Ranch Subdivision

Recreation

  • Room in yard for a pool

Additional Features

  • Shops
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$510

Lot Details

0

HOA Fees

$143 per month

Listing Details

  • Directions: From the Black Diamond Guard Gate go straight on W Black Diamond Circle. Right on Pinelake Village Point. Left on N Caves Valley Path. The lot is located on the Cul de Sac.
  • Water Frontage Type: Lakefront
  • Lot Size Acres: 0.55
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Black Diamond Ranch
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Exterior Features: Room For Pool
  • Lot Features: Cul-De-Sac, Irregular Lot, Rolling Slope, Trees, Wooded
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake Front

Utilities

  • Security: Gated Community
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 429.0
  • Association Fee Frequency: Quarterly
  • Association Name: BLACK DIAMOND POA
  • Phone: 727-232-1173
  • Association: Yes
  • Community Features: Shopping, Street Lights, Gated

Fee Information

  • Association Fee Includes: Cable TV, High Speed Internet, Legal/Accounting, Reserve Fund, Road Maintenance, Street Lights, Security

Schools

  • Elementary School: Central Ridge Elementary
  • High School: Lecanto High
  • Middle Or Junior School: Citrus Springs Middle

Lot Info

  • Lot Size Sq Ft: 23992.0
  • Zoning: PDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 510.08
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
Oct 15, 2021
Sold by
Bauman Richard A and The Richard A Bauman Living Tr
Bought by
Schilling Robert F and Smith Wendy L
Seller's Agent
Martha Coogler
Century 21 J.W.Morton R.E.
Buyer's Agent
Leslie Landham
RE/MAX Foxfire - HWY 40
List Price
$59,000
Sold Price
$35,000
Premium/Discount to List
-$24,000
-40.68%
Current Estimated Value
$131,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,082
Avg. Annual Appreciation
38.66%

Purchase Details

Closed on
Jun 28, 2004
Sold by
Funkhouser Thomas L and Funkhouser Kay J
Bought by
Bauman Richard A and Richard A Bauman Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1997
Bought by
Bauman Richard A Trustee and Richard A Bauman Living Trust
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
Schilling Robert F $35,000 Compass Title Llc
Bauman Richard A $230,000 Dba Crystal River Title
Bauman Richard A Trustee $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bauman Richard A $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2023 06/22/23 Sold $76,000 -23.2% --
06/08/2023 06/08/23 Pending -- -- --
10/27/2022 10/27/22 For Sale $99,000 +182.9% --
10/20/2021 10/20/21 Sold $35,000 -40.7% -- View Prior Sale
09/20/2021 09/20/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $59,000 -- --
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 $433 $63,000 $63,000 --
2023 $433 $25,250 $25,250 $0
2022 $420 $25,250 $25,250 $0
2021 $510 $31,880 $31,880 $0
2020 $519 $31,880 $31,880 $0
2019 $525 $31,880 $31,880 $0
2018 $484 $31,880 $31,880 $0
2017 $494 $31,880 $31,880 $0
2016 $514 $31,880 $31,880 $0
2015 $527 $31,880 $31,880 $0
2014 $1,928 $113,050 $113,050 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 818622

REALTORS® Association of Citrus County

APN: 18E-18S-16-0100-00000-0270