NOT LISTED FOR SALE

Estimated Value: $121,000 - $138,000

1 Bed
1 Bath
798 Sq Ft
$163/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $105,000 $132 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $745/month

13 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Canal View
  • Central Heating and Cooling System
  • 0.54 Acre Lot
  • No HOA
  • Ceiling Fan

About This Home

As of March 2022

Charming Canal front home on over 1/2 acre homesite that features spacious living room with built-ins. Enjoy the peaceful view of the canal to Lake Panasoffkee from the rear deck.

Last Agent to Sell the Property

Jessica Graham

ERA GRIZZARD REAL ESTATE License #671827 Listed on: 12/21/2021

ERA GRIZZARD REAL ESTATE

Last Buyer's Agent

Cindy Kauffman

SOUTHERN ASSOCIATES REALTY LLC License #3386604

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $811

Year Built

  • Built in 1951

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 50x238
  • 50 Feet of Waterfront
  • Property fronts a freshwater canal
  • North Facing Home
  • Fenced

Home Design

  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 798 Sq Ft Home
  • Ceiling Fan
  • Carpet
  • Canal Views
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Magnolia Shores Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$811

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 798
  • Lot Size Acres: 0.54
  • New Construction: No
  • Year Built: 1951
  • Lot Size Sq Ft: 23522
  • Directions to Property: C- 470 to left on CR 431N ro right oin 431N
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5992716?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5992716?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.05528
  • Price per Sq Ft: 131.58
  • Close to Original List Price Ratio: 1.05528
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 1
  • Levels: One
  • Street Number Modifier: 3397
  • Room Count: 3

Exterior Features

  • Direction Faces: North
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Canal
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Waterfront Frontage: 50
  • Water Frontage Feet Canal Fresh: 50

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RES
  • Parcel Number: F29B029
  • Additional Parcels: No
  • Lot Dimensions: 50x238
  • Flood Zone Code: x

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 811.07
  • Tax Block: D
  • Tax Book Number: 2-6
  • Tax Lot: 9

Multi Family

  • Waterfront Features: Canal - Freshwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2021
Closed on
Mar 14, 2022
Sold by
Southern Properties Florida Llc
Bought by
Joyal Jonathan Russell and Joyal Marry Jean
Seller's Agent
Jessica Graham
ERA GRIZZARD REAL ESTATE
Buyer's Agent
Cindy Kauffman
SOUTHERN ASSOCIATES REALTY LLC
List Price
$99,500
Sold Price
$105,000
Premium/Discount to List
$5,500
5.53%
Current Estimated Value
$129,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,687
Avg. Annual Appreciation
4.16%
Original Mortgage
$92,400
Outstanding Balance
$87,703
Interest Rate
3.92%
Mortgage Type
Balloon
Estimated Equity
$33,003

Purchase Details

Closed on
May 31, 2015
Sold by
Sumter County
Bought by
Southern Properties Florida Llc

Purchase Details

Closed on
Feb 8, 1996
Sold by
Schmitz Robert F and Schmitz Florence M
Bought by
Chamberlin Rose
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
Joyal Jonathan Russell $1,050 Americas Title Corp
Southern Properties Florida Llc $16,100 Attorney
Chamberlin Rose $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joyal Jonathan Russell $92,400
Previous Owner Chamberlin Rose $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $105,000 0.0% $132 / Sq Ft
02/14/2022 02/14/22 Off Market $105,000 -- --
02/02/2022 02/02/22 For Sale $99,500 0.0% $125 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
12/21/2021 12/21/21 For Sale $99,500 -- $125 / Sq Ft
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 $472 $69,610 -- --
2023 $472 $67,590 $21,600 $45,990
2022 $765 $61,600 $9,480 $52,120
2021 $811 $59,490 $9,480 $50,010
2020 $812 $57,130 $9,480 $47,650
2019 $801 $54,580 $9,480 $45,100
2018 $502 $41,800 $9,480 $32,320
2017 $398 $23,800 $9,480 $14,320
2016 $403 $23,800 $0 $0
2015 $408 $23,800 $0 $0
2014 -- $23,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5992716

Stellar MLS

APN: F29B029