$220,000
SOLD OCT 29, 2021
-- Bed
-- Bath
2,614 Sq Ft
0.6 Acres

Recently Sold

$84 Per Sq Ft

201 Days on Market

Highlights

  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • Carpet
  • No HOA
  • Shed
  • Wall Furnace

About This Home

As of October 2021

Great opportunity to acquire a 2 Houses - 2 Mobile Homes, the property consist of 4 units that include 2 houses and 2 mobile homes sit on 4 separate lots. The property is located just off Hwy 200 allows quick access to a number of amenities and activities. The owner has made significant capital improvements. All units have been renovated in the last 5 years.
All units have their own electric meter. Tenants pay for their own electricity. Each unit is on private septic and well. These 4 units provide immediate cash flow value.

Last Agent to Sell the Property

Thao Le

Century 21 J.W.Morton R.E. License #3390499 Listed on: 03/12/2021

Century 21 J.W.Morton R.E.

Co-Listed By

Ruth Frederick

Century 21 J.W.Morton R.E. License #460683

Last Buyer's Agent

Palm Beach Member

Palm Beach Board of Realtors Member

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $2,059

Year Built

  • Built in 1956

Lot Details

  • 0.6 Acre Lot
  • Property fronts a county road
  • Wire Fence
  • Corner Lot
  • Additional Parcels

Home Design

  • Metal Roof
  • Modular or Manufactured Materials

Interior Spaces

  • 2,614 Sq Ft Home
  • 1-Story Property
  • Electric Cooktop

Flooring

  • Carpet
  • Laminate

Parking

  • Unpaved Driveway
  • Unpaved Parking

Outdoor Features

  • Shed

Utilities

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

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Apache Shores Subdivision

Building Details

  • Operating Expense $4,959
  • Gross Income $31,080
  • Net Operating Income $26,121

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$2,059

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Architectural Style: One Story
  • CapRate: 0.12
  • Co List Office Mls Id: 0470
  • Co List Office Phone: (352) 726-6668
  • Directions: From Hwy 200 (N Carl G Rose Hwy), West onto E Wagon Trail, the property is on the Right.
  • Unit Levels: One
  • Lot Size Acres: 0.6
  • Property Sub Type: Manufactured Home
  • Property Sub Type Additional: Manufactured Home,Mixed Use
  • Prop. Type: Residential Income
  • Road Frontage Type: County Road
  • Building Stories: 1
  • Subdivision Name: Apache Shores
  • Year Built: 1956
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Cooktop
  • Flooring: Carpet, Laminate
  • Living Area: 2614.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Manufactured
  • Exterior Features: Unpaved Driveway
  • Fencing: Wire
  • Lot Features: Corner Lot, Multiple lots
  • Other Structures: Shed(s)
  • Pool Features: None
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Additional Parcels Description: 1595819, 1595827, 1596386
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 26137.0
  • Zoning: MDRM
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 31080.0
  • Property Net Operating Income: 26121.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 4959.0

Tax Info

  • Tax Annual Amount: 2059.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2024
Sold by
Real Property Finance And Management Llc
Bought by
Asset Based Funding Llc
Current Estimated Value
$140,670

Purchase Details

Listed on
Jan 12, 2017
Closed on
Jun 12, 2017
Sold by
Castle 2016 Llc
Bought by
Mayo Keith
Seller's Agent
Cliff Glansen
Flatfee.com
Buyer's Agent
Cliff Glansen
Flatfee.com
List Price
$29,900
Sold Price
$18,265
Premium/Discount to List
-$11,635
-38.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.38%

Purchase Details

Closed on
Jan 10, 2017
Sold by
The Bank Of New York Mellon
Bought by
Castle 2016 Llc

Purchase Details

Closed on
Aug 30, 2016
Sold by
The Estate Of Gordon C Pendleton
Bought by
The Bank Of New York Mellon and Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Aug 18, 2016
Sold by
Estate Of Gordon C Pendleton
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Mar 30, 2004
Sold by
Denslow Kipp D and Ellinwood Dawn M
Bought by
Pendleton Gordon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,750
Interest Rate
5.53%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 1, 2004
Bought by
Mayo Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,750
Interest Rate
5.53%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 10, 2001
Sold by
Fred H Farnsworth Dental Lab Inc
Bought by
Denslow Kipp D and Ellinwood Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,100
Interest Rate
6.5%

Purchase Details

Closed on
Mar 1, 1995
Bought by
Mayo Keith

Purchase Details

Closed on
Feb 1, 1995
Bought by
Mayo Keith

Purchase Details

Closed on
Jun 1, 1991
Bought by
Mayo Keith

Purchase Details

Closed on
Apr 1, 1991
Bought by
Mayo Keith
Source: Public Records

Similar Homes in Hernando, FL

  • 4910 N Redwood Ave, Hernando, FL 34442

    $239,000

    • 3 Beds
    • 2 Baths
    • 1,262 Sq Ft
    • 4910 N Redwood Ave
    • Hernando, FL

    Charming UPDATED Cottage on 1.17 acres is ready for you to call it home! This three-bedroom, two-bathroom home, complete with detached building, is beautifully renovated and exudes character. This manufactured home is truly unique, featuring a framed and stucco exterior with 1,262 of living space. Inside, the home features a nice sized living room where you can unwind by the electric fireplace

    Bruce Brunk Keller Williams Realty - Elite Partners II

    Section Image
  • 4010 E Lake Park Dr, Hernando, FL 34442

    $259,900

    • 2 Beds
    • 2 Baths
    • 1,377 Sq Ft
    • 4010 E Lake Park Dr
    • Hernando, FL

    Affordable Waterfront Living with Stunning Open Water Views!Welcome to your serene escape on beautiful Lake Hernando. This charming 2-bedroom, 2-bathroom waterfront home offers breathtaking open water views and direct access to the desirable Chain of Lakes—perfect for boating, fishing, or simply enjoying lakeside living.Thoughtfully remodeled in neutral tones, the interior is move-in

    Pamela Shemet RE/MAX Realty One

    Section Image
  • 1691 E Sheridan Ln, Hernando, FL 34442

    $274,900

    • 3 Beds
    • 2 Baths
    • 1,378 Sq Ft
    • 1691 E Sheridan Ln
    • Hernando, FL

    COUNTRY LIVING - NEW 3/2 HOME NEVER LIVED IN located on 1.25 acres of mature oak trees. 7-YEAR EXTENDED WARRANTEE on home and appliances. Centrally located near major cities. Minutes from Ocala to the east, Inverness to the south, Crystal River to the west with access to the Gulf of Mexico, and Dunnellon to the north. A little over an hour's drive to Orlando, Tampa or Gainsville. No deed

    Orlando Lopez 1st Florida Real Estate Corp

    Section Image
  • 6085 N Tsala Apopka Dr, Hernando, FL 34442

    $215,000

    • 2 Beds
    • 2 Baths
    • 1,678 Sq Ft
    • 6085 N Tsala Apopka Dr
    • Hernando, FL

    A Fisherman’s Dream! Discover the perfect retreat for outdoor enthusiasts in this charming community with direct access to the breathtaking Tsala Apopka chain of lakes. Covering approximately 22,000 acres across 15 interconnected lakes, this haven offers exceptional opportunities for boating, canoeing, kayaking, and world-class fishing. Situated on a paved road and 0.40 acres of high and dry,

    Anthony Alfarone REAL BROKER, LLC

    Section Image
  • 2763 N Vasser Terrace, Hernando, FL 34442

    $209,900

    • 3 Beds
    • 2 Baths
    • 1,280 Sq Ft
    • 2763 N Vasser Terrace
    • Hernando, FL

    Experience the perfect blend of modern living and natural beauty with this BRAND-NEW manufactured home, situated on your own lot, you own! This beautifully designed 3-bedroom, 2-bathroom home offers a spacious, open floor plan ideal for modern living. From the moment you step inside, you'll appreciate the high-quality finishes and attention to detail with vinyl flooring throughout. The spacious

    Ceasar Blackman La Rosa Rty Winter Garden Llc

    Section Image
  • 2922 N Wheaton Point, Hernando, FL 34442

    $174,900

    • 3 Beds
    • 2 Baths
    • 1,404 Sq Ft
    • 2922 N Wheaton Point
    • Hernando, FL

    Looking for a property with space, potential—and a great location? This 3-bedroom, 2-bath home on a generous 0.60-acre lot is sold AS-IS and ready for your TLC. New Roof in 2024. The property offers a 2-car carport, a detached garage/workshop, a separate studio apartment with a kitchenette and bathroom—for guests, rental income, or an office —and a handy storage shed. Enjoy peaceful mornings on

    Michelle Wright Century 21 J.W.Morton R.E.

    Section Image
  • 1184 E Sandy Ln, Hernando, FL 34442

    $249,000

    • 4 Beds
    • 2 Baths
    • 1,768 Sq Ft
    • 1184 E Sandy Ln
    • Hernando, FL

    Brand New 2024 Live Oak Home on 1.25 Acres4-bedroom, 2-bathroom modern open floor plan. Master Suite, featuring a large walk-in closet and a luxurious soaking tub in the master bath for unwinding after a long day. The heart of the home is the kitchen, complete with a large island with a sink, and a dining bar for preparing meals while keeping the conversation

    Steven Koleno BEYCOME OF FLORIDA LLC

    Section Image
  • 2615 E Monte Ct, Hernando, FL 34442

    $189,900

    • 2 Beds
    • 2 Baths
    • 1,568 Sq Ft
    • 2615 E Monte Ct
    • Hernando, FL

    Welcome to this awesome little community of Las Brisas. Enjoy community living with one of the lowest HOA fees in the county. Introducing "coastal paradise" as the seller has lovingly named this updated, cared for home. This layout is well designed and provides flexible space with 2 separate living room / entertainment areas, a dining room and a generous sized kitchen at the center of the home. 2

    Irene Snelgrove EXP Realty LLC

    Section Image
  • 938 E Nicholas St, Hernando, FL 34442

    $225,000

    • 4 Beds
    • 2 Baths
    • 1,984 Sq Ft
    • 938 E Nicholas St
    • Hernando, FL

    Welcome to country living with all the comforts of home! This 2004 manufactured home offers 4 spacious bedrooms, 2 full bathrooms, and sits on a generous 2.66-acre lot, giving you room to spread out and enjoy peaceful surroundings.Inside, you'll find an open floor plan with plenty of natural light, a large kitchen with ample cabinet space, and a cozy living area for relaxing or

    Kerin Ivory RE/MAX Realty One

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Special Warranty Deed $18,265 American Title Svcs Citrus C
Quit Claim Deed $19,100 Premium Title Services Inc
Trustee Deed $11,300 None Available
Trustee Deed $11,300 Accommodation
Warranty Deed -- American Title Services Of C
Deed $100 --
Warranty Deed $20,000 American Title Services Of C
Deed $20,000 --
Deed $100 --
Deed $25,000 --
Deed $20,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $29,750 Stand Alone First
Previous Owner $18,100 No Value Available
Closed $0 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Rented $750 -6.3% --
01/10/2022 01/10/22 For Rent $800 0.0% --
10/29/2021 10/29/21 Sold $220,000 0.0% $84 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $220,000 +1104.5% $84 / Sq Ft
06/16/2017 06/16/17 Sold $18,265 -38.9% $23 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
01/12/2017 01/12/17 For Sale $29,900 -- $37 / 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 $1,143 $92,257 $6,000 $86,257
2023 $1,143 $91,544 $6,000 $85,544
2022 $836 $48,588 $5,100 $43,488
2021 $663 $39,473 $5,000 $34,473
2020 $599 $36,929 $5,000 $31,929
2019 $543 $30,599 $5,000 $25,599
2018 $479 $26,540 $5,000 $21,540
2017 $428 $22,604 $5,000 $17,604
2016 $450 $23,161 $4,260 $18,901
2015 $444 $22,520 $4,260 $18,260
2014 $436 $21,260 $4,173 $17,087
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: REALTORS® Association of Citrus County

MLS Number: 799081

REALTORS® Association of Citrus County

APN: 19E-18S-14-0090-00340-0090