NOT LISTED FOR SALE

3940 E Lake Hernando Ln Hernando, FL 34442

Hernando Neighborhood

Estimated Value: $214,000 - $284,000

2 Beds
2 Baths
1,234 Sq Ft
$196/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $235,000 $190 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,734/month

49 Days on Market

Highlights

  • Docks
  • RV Access or Parking
  • Open Floorplan
  • Community Boat Facilities
  • Gated Community
  • Clubhouse

About This Home

As of February 2024

Calling all retirees!! Located in a beautiful, gated, 55+ community, this adorable home is ready for it's new owners! Home comes with a newer roof, updated kitchen, newer appliances, and an updated shower in the master bath. The split floor plan allows for privacy when entertaining guests. If you love to enjoy your morning coffee outside, there is a large screened patio on the rear of the home that is half covered for when it rains, and half uncovered for those days when you'd like to catch some rays! Arbor Lakes is located on the Tsala Apopka Chain of Lakes and has it's own private boat ramp. There is also a secure storage area available (for an extra fee) located in the neighborhood for boats and RVs. Hurry and make an appointment to see this amazing home, before it's gone!!

Last Agent to Sell the Property

Roni Sayer

REALTRUST REALTY License #3328173 Listed on: 12/06/2023

Last Buyer's Agent

Chris Marcic

Sellstate Next Generation Real License #3423961

Sellstate Next Generation Real

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,768

Year Built

  • Built in 2004

Lot Details

  • 6,840 Sq Ft Lot
  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Cleared Lot
  • Property is zoned PDR

HOA Fees

  • $158 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Ridge Vents on the Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,234 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Double Pane Windows
  • Blinds
  • Vinyl Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Laminate Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer

Outdoor Features

  • Docks
  • Rain Gutters

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Programmable Thermostat
  • Underground Utilities
  • Water Heater
  • High Speed Internet

Community Details

Overview

  • Association fees include legal/accounting, pool(s), recreation facilities, road maintenance, tennis courts
  • Arbor Lakes Poa, Phone Number (352) 812-8086
  • Arbor Lakes Subdivision

Recreation

  • Community Boat Facilities
  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,768

Year Built

Built in 2004

Lot Details

0

HOA Fees

$158 per month

Parking

1

Listing Details

  • Architectural Style: Contemporary, One Story
  • Carport Y N: No
  • Directions: Carl G Rose Hwy (200) to Arbor Lakes Blvd, after you go through the security gate, follow Arbor Lakes Blvd to N Arbor Shore, turn right, then left onto E Lake Hernando. 3940 is on the right.
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.16
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Building Stories: 1
  • Subdivision Name: Arbor Lakes
  • Year Built: 2004
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Vinyl
  • Interior Amenities: Breakfast Bar, High Ceilings, Laminate Counters, Multiple Primary Suites, Open Floorplan, Split Bedrooms, Shower Only, Separate Shower, Vaulted Ceiling(s), Wood Cabinets, Programmable Thermostat
  • Living Area: 1234.0
  • Window Features: Blinds, Double Pane Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Sprinkler/Irrigation, Landscaping, Rain Gutters, Concrete Driveway
  • Foundation Details: Block, Slab
  • Lot Features: Cleared, Flat
  • Pool Features: None, Community
  • Roof: Asphalt, Shingle, Ridge Vents
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Boat, Garage Door Opener, RV Access/Parking
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Laundry - Living Area
  • Security: Gated Community, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 475.0
  • Association Fee Frequency: Quarterly
  • Association Name: Arbor Lakes POA
  • Phone: 352-812-8086
  • Association: Yes
  • Community Features: Boat Facilities, Clubhouse, Park, Street Lights, Sidewalks, Gated

Fee Information

  • Association Fee Includes: Legal/Accounting, Pool(s), Recreation Facilities, Road Maintenance, Tennis Courts

Schools

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

Lot Info

  • Lot Size Sq Ft: 6840.0
  • Zoning: PDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2767.72
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Feb 14, 2024
Sold by
Pontello Rene A
Bought by
Magin Edward H and Magin Rebecca W
Seller's Agent
Roni Sayer
REALTRUST REALTY
Buyer's Agent
Chris Marcic
Sellstate Next Generation Real
List Price
$259,000
Sold Price
$235,000
Premium/Discount to List
-$24,000
-9.27%
Views
71
Current Estimated Value
$242,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,372
Avg. Annual Appreciation
-1.82%

Purchase Details

Listed on
Jan 14, 2018
Closed on
Mar 13, 2018
Sold by
Myers Dennis J and Myers Holly H
Bought by
Pedler Karen
Seller's Agent
Terriann Stewart
Tropic Shores Realty
Buyer's Agent
Kim Covell
ERA American Suncoast Realty
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%

Purchase Details

Listed on
Sep 28, 2015
Closed on
Nov 4, 2015
Sold by
Mckerlie Eugene R
Bought by
Myers Dennis J and Myers Holly H
Seller's Agent
James Morton
Century 21 J.W.Morton R.E.
Buyer's Agent
For Sale By Owner FSBO
For Sale By Owners/Buyer Not Represented
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%

Purchase Details

Closed on
Nov 30, 2010
Sold by
Johnson Norma J and Johnson Jimmy H
Bought by
Mckerlie Eugene R

Purchase Details

Closed on
Nov 1, 2010
Bought by
Myers Dennis J and Myers Holly H

Purchase Details

Closed on
Jun 17, 2003
Sold by
Arbor Lakes Partnership
Bought by
Johnson Jimmy H and Johnson Norma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,900
Interest Rate
5.56%
Mortgage Type
Construction
Source: Public Records

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Range of Values:

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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
Magin Edward H $235,000 Citrus Title
Pedler Karen $145,000 First International Title Ic
Myers Dennis J $125,000 First Intl Title Inc
Mckerlie Eugene R $99,792 Express Title Services Of Ci
Myers Dennis J $99,800 --
Johnson Jimmy H $24,500 Dba Crystal River Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Jimmy H $78,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Sold $235,000 -5.1% $190 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
01/05/2024 01/05/24 Price Changed $247,500 -1.0% $201 / Sq Ft
12/11/2023 12/11/23 Price Changed $250,000 -3.5% $203 / Sq Ft
12/06/2023 12/06/23 For Sale $259,000 +27.0% $210 / Sq Ft
11/05/2021 11/05/21 Sold $204,000 +4.6% $165 / Sq Ft
10/07/2021 10/07/21 For Sale $195,000 +34.5% $158 / Sq Ft
03/13/2018 03/13/18 Sold $145,000 -3.3% $118 / Sq Ft
02/11/2018 02/11/18 Pending -- -- --
01/14/2018 01/14/18 For Sale $150,000 +20.0% $122 / Sq Ft
11/04/2015 11/04/15 Sold $125,000 0.0% $101 / Sq Ft
10/05/2015 10/05/15 Pending -- -- --
09/28/2015 09/28/15 For Sale $125,000 -- $101 / 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 $2,768 $180,736 $9,830 $170,906
2023 $2,768 $171,206 $0 $0
2022 $2,392 $155,642 $9,830 $145,812
2021 $1,909 $123,541 $9,830 $113,711
2020 $1,832 $118,890 $9,830 $109,060
2019 $1,731 $110,355 $9,830 $100,525
2018 $870 $98,411 $6,620 $91,791
2017 $861 $90,064 $6,430 $83,634
2016 $865 $88,212 $7,490 $80,722
2015 $662 $74,600 $7,490 $67,110
2014 $677 $74,280 $11,301 $62,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 829274

REALTORS® Association of Citrus County

APN: 19E-18S-14-0140-000P0-0030