$22,000
SOLD AUG 17, 2023
0.17 Acre
$129,412 Price per Acre
7,200 Sq Ft Lot

Recently Sold

8% Below List Price

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 Agent to Sell the Property

Rita Johnson

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

Century 21 J.W.Morton R.E.

Last Buyer's Agent

Wendy Hoffmann

ERA American Suncoast Realty License #3468437

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 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
  • 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
  • Pets Allowed: Pet Restrictions

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%
Views
8
Current Estimated Value
$102,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,691
Avg. Annual Appreciation
127.94%

Purchase Details

Listed on
Apr 6, 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
Source: Public Records

Similar Properties in the area

  • 2546 E Chivalry Ct Unit 17, Hernando, FL 34442

    $22,900

    • Land
    • 0.22 Acre
    • $104,091 per Acre
    • 2546 E Chivalry Ct
    • Unit 17
    • Hernando, FL

    This stunning piece of property is located in a prime location and offers an incredible opportunity for individuals looking to build their dream home. The property is surrounded by beautiful trees and lush vegetation, providing a peaceful and serene atmosphere. The lot is ready for development, offering endless possibilities build your luxurious custom home today, this lot is the perfect canvas

    Chris Coultas Coldwell Banker Realty

    Section Image
  • 2852 N Appledore Path, Hernando, FL 34442

    $19,000

    • Land
    • 0.24 Acre
    • $79,167 per Acre
    • 2852 N Appledore Path
    • Hernando, FL

    Come check out the beautiful community of Canterbury Lakes! Build the home of your dreams on this parcel which includes public water and public sewer. High and dry in a no flood zone, but just down the road from many lakes for fishing or boating. Quiet neighborhood with a short drive to restaurants, schools, church, golf, shopping, or the many events of Citrus County. Citrus Hills Construction

    pamela miller Century 21 J.W.Morton R.E.

    Section Image
  • 6634 N Pagoda Tree Terrace, Hernando, FL 34442

    $18,900

    • Land
    • 0.21 Acre
    • $90,000 per Acre
    • 6634 N Pagoda Tree Terrace
    • Hernando, FL

    Owner Financing Available. Do not miss out on this high and dry lot in River Lakes Manor. No HOA. Convenient location, between Hernando and Ocala. Enjoy the many amenities as you explore Rails to Trails, Lake Tsala Apopka Chain of Lakes, fishing, golfing, Withlacoochee State Forest and more. See all that Citrus County has to offer!! Lots of new shopping and amenities are coming to the area as

    Daniel Castaneda AMERICAN REALTY OF PSL LLC

    Section Image
  • 6393 N Pagoda Tree Terrace, Hernando, FL 34442

    $16,995

    • Land
    • 0.19 Acre
    • $89,447 per Acre
    • 6393 N Pagoda Tree Terrace
    • Hernando, FL

    Parcel #: 19E-17S-36-0010-00200-005.0Address: 6393 N Pagoda Tree Ter, Hernando, FL, 34442County: CitrusSize: 0.19 acresZoning: ResidentialGPS Coordinates (approximate):NW:28.956464, -82.370603NE: 28.956461, -82.370228SW: 28.956189, -82.370606SE: 28.956364, -82.370228Cash Price: $16,995, plus a $349 document feeOwner

    Aubrey Custalow Everland Equity / MT Land Ventures LLC

    Section Image
  • 517 N Croft Ave, Inverness, FL 34453

    $20,000

    • Land
    • 0.22 Acre
    • $90,909 per Acre
    • 517 N Croft Ave
    • Inverness, FL

    This lot is located in Inverness, Florida, in Citrus County would be a great spot to build a dream home. This location is great if you like plenty of space or to add a fence or other enclosure for privacy. The lot's .22-acre size offers plenty of room for a residence and for parking a boat or RV. For those who like to take their off-roading toys everywhere they go, it's nice to have a place to

    Tamara Myers ENGEL & VOLKERS OCALA

    Section Image
  • 93 N Croft Ave, Inverness, FL 34453

    $18,000

    • Land
    • 0.22 Acre
    • $81,818 per Acre
    • 93 N Croft Ave
    • Inverness, FL

    Build Your Dream Home in Inverness – Nature Coast Living! Don't miss this beautiful .22-acre lot (80x120) located in a homes-only area of Inverness, FL! Situated on a paved road with no deed restrictions, no HOA, and not in a flood zone, this lot offers the perfect blend of convenience and freedom to build the home you’ve always wanted, Zoning: Homes only – no mobile homes, Utilities: Needs well

    Dianne MacDonald RE/MAX Realty One

    Section Image
  • 7472 N Iron Point, Dunnellon, FL 34434

    $20,000

    • Land
    • 0.23 Acre
    • $86,957 per Acre
    • 7472 N Iron Point
    • Dunnellon, FL

    80X125 LOT NEAR US 41 3 ADJACENT LOTS ALSO FOR SALE THRU SAME SELLER!!!!

    Alan Hengesbach Realty Executives America

    Section Image
  • 7424 N Iron Point, Dunnellon, FL 34434

    $20,000

    • Land
    • 0.23 Acre
    • $86,957 per Acre
    • 7424 N Iron Point
    • Dunnellon, FL

    80X125 LOT LOT NEAR US 41 3 ADJACENT LOTS ALSO FOR SALE THRU SAME SELLER!!!!

    Alan Hengesbach Realty Executives America

    Section Image
  • 7911 N Walton Terrace, Dunnellon, FL 34434

    $25,000

    • Land
    • 0.23 Acre
    • $108,696 per Acre
    • 7911 N Walton Terrace
    • Dunnellon, FL

    Build your dream home on this beautiful quarter acre lot in a newly developing quiet neighborhood. Near to amenities, schools, community center, tennis court, golf course, and children's park. Enjoy the Withlacoochee State Trail for scenic walks and bike riding.

    Lea Saman ERA American Suncoast Realty

    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 $22,000 Express Title Services
Warranty Deed $7,000 First Intl Title Inverness
Trustee Deed -- None Available
Deed $100 --
Trustee Deed -- None Available
Deed $100 --
Trustee Deed -- Attorney
Warranty Deed $18,000 American Title Svcs Of Citru
Deed $16,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Construction
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

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

Map

Source: REALTORS® Association of Citrus County

MLS Number: 819349

REALTORS® Association of Citrus County

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