NOT LISTED FOR SALE

Estimated Value: $21,000 - $280,000

0.17 Acre
$551,088 Price per Acre
7,200 Sq Ft Lot

Last Sold August 17, 2023

Last sale price $22,000

Est. 326% increase in value since last sale

Current estimated payment $706/month

243 Days on Market

Highlights

  • Community Boat Facilities
  • Gated Community
  • Clubhouse
  • Fitness Center
  • Waterfront
  • Community Pool

About This Lot

As of August 2023

Cleared & flat building lot in the home section of Arbor Lakes, gated 55+ homeowner-owned community in Hernando, FL. High & dry 70' elevation this lot requires no flood insurance. The lakeside community has waterfront park, boat ramp, pier, gazebo, 7,000 sq. ft community center w/billiards, fireplace, kitchen, library, exercise room. Solar heat pool, tennis, shuffleboard. Arbor Lakes is a beautiful gem conveniently located between Ocala and Inverness w/local shopping/restaurants. Come visit the community & talk to a local builder about your retirement oasis or snowbird escape. Only a couple building lots left.

Last Listed By

Rita Johnson

Century 21 J.W.Morton R.E. License #3061449 Listed on: 11/19/2022

Century 21 J.W.Morton R.E.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $196

Lot Details

  • 7,200 Sq Ft Lot
  • Waterfront
  • Property fronts a private road
  • Level Lot
  • Cleared Lot
  • Property is zoned PDR

HOA Fees

  • $167 Monthly HOA Fees

Schools

  • Hernando Elementary School
  • Citrus Springs Middle School
  • Citrus High School

Utilities

  • Underground Utilities
  • High Speed Internet

Community Details

Overview

  • Association fees include cable TV, high speed internet, ground maintenance, recreation facilities, reserve fund, road maintenance, security, trash
  • Qualified Property Mgmt Association
  • Arbor Lakes Unit 1 Subdivision

Amenities

  • Community Barbecue Grill
  • Shops
  • Clubhouse
  • Community Kitchen
  • Billiard Room

Recreation

  • Community Boat Facilities
  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Park
  • Water Access
  • Gazebo

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$196

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Directions: SR 200 in Hernando to entrance to Arbor Lakes. Through gate and immediate left turn. Take RT on E. Lake Todd to lot on right side.
  • Water Frontage Type: Waterfront
  • Lot Size Acres: 0.17
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Subdivision Name: Arbor Lakes Unit 1
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Cleared, Flat
  • Other Structures: Gazebo
  • Waterfront Features: Water Access
  • Waterfront: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Quarterly
  • Association Name: Qualified Property Mgmt
  • Association: Yes
  • Community Features: Barbecue, Boat Facilities, Billiard Room, Clubhouse, Community Pool, Fitness, Kitchen Facilities, Park, Shuffleboard, Shopping, Street Lights, Sidewalks, Tennis Court(s), Gated

Fee Information

  • Association Fee Includes: Cable TV, High Speed Internet, Maintenance Grounds, Recreation Facilities, Reserve Fund, Road Maintenance, Security, Trash

Schools

  • Elementary School: Hernando Elementary
  • High School: Citrus High
  • Middle Or Junior School: Citrus Springs Middle

Lot Info

  • Lot Size Sq Ft: 7200.0
  • Zoning: PDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 195.92
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2022
Closed on
Aug 17, 2023
Sold by
Marks Mark William
Bought by
Thompson John A and Thompson Phyllis L
Seller's Agent
Rita Johnson
Century 21 J.W.Morton R.E.
Buyer's Agent
Wendy Hoffmann
ERA American Suncoast Realty
List Price
$23,900
Sold Price
$22,000
Premium/Discount to List
-$1,900
-7.95%
Total Days on Market
243
Views
8
Current Estimated Value
$93,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,685
Avg. Annual Appreciation
133.34%

Purchase Details

Listed on
Mar 29, 2015
Closed on
Dec 19, 2016
Sold by
Arbor Lakes Property Owners Association
Bought by
Marks Mark William
Seller's Agent
Terriann Stewart
Tropic Shores Realty
Buyer's Agent
Terriann Stewart
Tropic Shores Realty
List Price
$11,999
Sold Price
$7,000
Premium/Discount to List
-$4,999
-41.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.76%

Purchase Details

Closed on
Sep 8, 2014
Sold by
Dearing Sharon and Case #2013 Cc 000084
Bought by
Arbor Lakes Property Owners Association

Purchase Details

Closed on
Sep 1, 2014
Bought by
Marks Mark William

Purchase Details

Closed on
Aug 29, 2014
Sold by
Dearing Sharon and Case #2013 Cc 000084
Bought by
Arbor Lakes Property Owners Association

Purchase Details

Closed on
Aug 1, 2014
Bought by
Marks Mark William

Purchase Details

Closed on
Jul 17, 2014
Sold by
Dearing Sharon and Case #2013 Cc 000084
Bought by
Arbor Lakes Property Owners Association

Purchase Details

Closed on
Aug 30, 2002
Sold by
Kuhn John L and Kuhn Mary Louise
Bought by
Dearing Sharon

Purchase Details

Closed on
May 1, 1997
Bought by
Marks Mark William

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
Thompson John A $22,000 Express Title Services
Marks Mark William $7,000 First Intl Title Inverness
Arbor Lakes Property Owners Association -- None Available
Marks Mark William $100 --
Arbor Lakes Property Owners Association -- None Available
Marks Mark William $100 --
Arbor Lakes Property Owners Association -- Attorney
Dearing Sharon $18,000 American Title Svcs Of Citru
Marks Mark William $16,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson John A $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $22,000 -7.9% --
07/20/2023 07/20/23 Pending -- -- --
11/19/2022 11/19/22 For Sale $23,900 +241.4% --
12/19/2016 12/19/16 Sold $7,000 -41.7% --
11/19/2016 11/19/16 Pending -- -- --
04/06/2015 04/06/15 For Sale $11,999 -- --
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 $203 $9,830 $9,830 --
2023 $203 $9,830 $9,830 $0
2022 $196 $9,830 $9,830 $0
2021 $187 $9,830 $9,830 $0
2020 $183 $9,830 $9,830 $0
2019 $178 $9,830 $9,830 $0
2018 $103 $6,620 $6,620 $0
2017 $102 $6,430 $6,430 $0
2016 $123 $7,490 $7,490 $0
2015 $126 $7,490 $7,490 $0
2014 $182 $10,540 $10,540 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 819349

REALTORS® Association of Citrus County

APN: 19E-18S-14-0140-000C0-0090