NOT LISTED FOR SALE

3520 E Olive Ln Hernando, FL 34442

Estimated Value: $225,000 - $400,000

3 Beds
2 Baths
1,599 Sq Ft
$186/Sq Ft Est. Value

Last Sold August 24, 2017

Last sale price $138,500 $87 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,686/month

17 Days on Market

Highlights

  • Lake Front
  • Community Boat Facilities
  • Open Floorplan
  • Docks
  • RV Access or Parking
  • Room in yard for a pool

About This Home

As of August 2017

Million dollar view for under $140K. Hard to find open water with awesome view on Lake Hernando. POTENTIAL for a beautiful home is waiting for you. This 3 bedroom 2 bath home with a good roof-2007, good AC system, updated 200 amp panel, on a huge lot. Large lot with room for workshop, pool or ??? Community boat ramp is next door. Just needs some updating and TLC. Sit on the dock and watch the sunset, get in your boat and take off for a day of fishing, close to Inverness, Ocala, I-75, yet located in a quiet area. Don't wait it will be gone soon.

Last Agent to Sell the Property

Darlene Gottus

Gottus Realty Inc. License #3069896 Listed on: 07/10/2017

Last Buyer's Agent

Louise Lubranecki

Parsley Real Estate, Inc. License #579228

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,084

Year Built

  • Built in 1966

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 240x68
  • Lake Front
  • Property fronts a county road
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • Property is zoned CLR

Parking

  • RV Access or Parking

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,599 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Blinds
  • Terrazzo Flooring
  • Lake Views
  • Laundry in unit

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Outdoor Features

  • Room in yard for a pool
  • Docks

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

Overview

  • No Home Owners Association
  • Watson Subdivision

Recreation

  • Community Boat Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,084

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Carport Y N: No
  • Directions: Highway 41 North or South to East on Olive Lane. Home on the right.
  • Water Frontage Type: Lakefront
  • Garage Yn: No
  • Lot Size Acres: 0.46
  • Lot Size: 240x68
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Subdivision Name: Watson
  • Year Built: 1966
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-In Oven, Dishwasher, Electric Cooktop, Refrigerator, Range Hood
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Terrazzo
  • Furnished: Unfurnished
  • Interior Amenities: High Ceilings, Laminate Counters, Open Floorplan, Split Bedrooms, Shower Only, Separate Shower, Vaulted Ceiling(s)
  • Living Area: 1599.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Room For Pool
  • Fencing: Chain Link
  • Foundation Details: Block
  • Lot Features: Corner Lot, Flat
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • View: Lake, Water
  • View: Yes
  • Waterfront Features: Boat Dock/Slip, Lake Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Boat, RV Access/Parking

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry - Living Area
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: Boat Facilities

Lot Info

  • Lot Size Sq Ft: 20171.0
  • Zoning: CLR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1084.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2017
Closed on
Aug 16, 2017
Sold by
Boston Hilda A
Bought by
Swaggerty Jerome A and Wehn Mary Susan
Seller's Agent
Darlene Gottus
Gottus Realty Inc.
Buyer's Agent
Louise Lubranecki
Parsley Real Estate, Inc.
List Price
$139,900
Sold Price
$138,500
Premium/Discount to List
-$1,400
-1%
Current Estimated Value
$297,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,484
Avg. Annual Appreciation
9.61%

Purchase Details

Closed on
Dec 1, 1985
Bought by
Boston Hilda A and South Paula Point

Purchase Details

Closed on
Dec 1, 1979
Bought by
Boston Hilda A and South Paula Point

Purchase Details

Closed on
Dec 1, 1978
Bought by
Boston Hilda A and South Paula Point
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Swaggerty Jerome A $138,500 American Title Svcs Of Citru
Boston Hilda A $100 --
Boston Hilda A $45,000 --
Boston Hilda A $40,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2017 08/24/17 Sold $138,500 -1.0% $87 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
07/08/2017 07/08/17 For Sale $139,900 -- $87 / 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
2025 $1,499 $134,739 -- --
2024 $1,456 $130,942 -- --
2023 $1,456 $127,128 $0 $0
2022 $1,362 $123,425 $0 $0
2021 $1,306 $119,830 $10,050 $109,780
2020 $1,326 $123,911 $10,050 $113,861
2019 $1,695 $108,698 $10,050 $98,648
2018 $1,552 $97,662 $9,910 $87,752
2017 $1,150 $81,066 $9,910 $71,156
2016 $1,084 $72,328 $9,910 $62,418
2015 $901 $50,274 $10,250 $40,024
2014 $1,182 $65,050 $12,028 $53,022
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 761242

REALTORS® Association of Citrus County

APN: 19E-18S-02-0020-000D0-0010