NOT LISTED FOR SALE

3942 E Arbor Lakes Dr Hernando, FL 34442

Estimated Value: $194,000 - $246,000

2 Beds
2 Baths
1,209 Sq Ft
$181/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $198,000 $164 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,386/month

51 Days on Market

Highlights

  • Lake Front
  • Water Access
  • RV Access or Parking
  • Boat Dock
  • Fitness Center
  • Gated Community

About This Home

As of March 2022

If you don't know Arbor Lakes and you're looking for a 55+ community that has it all, you need to come take a look. The clubhouse, pool, tennis courts, shuffleboard courts, boat ramp, exercise rooms, lake front park, and walking trails are only a start and this place is always well taken care of. The people that live in Arbor Lakes actually use all the amenities too and the laid-back atmosphere is just a fact of life here. The front gate is manned remotely with cameras and the private fenced RV and boat parking is secure and on over three acres. The Seller bought the home in 2002 and spent winters there and loved every minute of his time in Arbor Lakes. The roof was replaced in 2020 and the hardly used ac system was replaced in 2011. The split floor plan features a large living room and adjacent kitchen with a bedroom on each side with the master suite having access to the covered and screened lanai and a large walk-in closet. The garage area includes the laundry area and enough parking for a mid to compact sized car no more than 15 feet in length. If you're looking for a great place that don't cost a fortune to buy or maintain, come take a look at this truly fantastic home in a wonderful community. Shopping, food stores, and several golf courses all within a short drive.

Last Agent to Sell the Property

JR Martin

Discount Realty Florida, LLC License #3010954 Listed on: 12/11/2021

Last Buyer's Agent

JR Martin

Discount Realty Florida, LLC License #3010954 Listed on: 12/11/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $589

Year Built

  • Built in 1993

Lot Details

  • 6,970 Sq Ft Lot
  • Lake Front
  • Property fronts a private road
  • Level Lot
  • Metered Sprinkler System
  • Cleared Lot
  • Property is zoned R1

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • On-Street Parking
  • RV Access or Parking

Home Design

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

Interior Spaces

  • 1,209 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Range Hood
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Docks
  • Gazebo

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include cable TV, high speed internet, insurance, legal/accounting, pool(s), recreation facilities, reserve fund, road maintenance, street lights, security, tennis courts, trash
  • Arbor Lakes Association, Phone Number (352) 794-1900
  • Arbor Lakes Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Boat Facilities
  • Tennis Courts
  • Shuffleboard Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$589

Year Built

Built in 1993

Lot Details

0

HOA Fees

$133 per month

Parking

1

Listing Details

  • Architectural Style: Contemporary, One Story
  • Carport Y N: No
  • Directions: From Route 200 in Hernando turn into the gated entrance of Arbor Lakes and the home is straight through the gates and down on the right about a half mile.
  • Water Frontage Type: Lakefront, Waterfront
  • 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: 1993
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Disposal, Refrigerator, Range Hood, Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Breakfast Bar, Laminate Counters, Main Level Primary, Window Treatments, Programmable Thermostat
  • Living Area: 1209.0
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block, Slab
  • Lot Features: Cleared, Flat
  • Other Structures: Gazebo
  • Pool Features: None, Community
  • Roof: Asphalt, Shingle, Ridge Vents
  • Waterfront Features: Lake Front, Water Access
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association Fee Frequency: Quarterly
  • Association Name: Arbor Lakes
  • Phone: 352-794-1900
  • Association: Yes
  • Community Features: Barbecue, Boat Facilities, Clubhouse, Community Pool, Dock, Fitness, Playground, Park, Shuffleboard, Storage Facilities, Street Lights, Sidewalks, Tennis Court(s), Trails/Paths, Gated

Fee Information

  • Association Fee Includes: Cable TV, High Speed Internet, Insurance, Legal/Accounting, Pool(s), Recreation Facilities, Reserve Fund, Road Maintenance, Street Lights, Security, Tennis Courts, Trash

Schools

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

Lot Info

  • Zoning: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 588.81
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2021
Closed on
Feb 25, 2022
Sold by
Collins George J
Bought by
Moore Joan M Irrevocable Trust
Seller's Agent
JR Martin
Discount Realty Florida, LLC
Buyer's Agent
JR Martin
Discount Realty Florida, LLC
List Price
$209,900
Sold Price
$198,000
Premium/Discount to List
-$11,900
-5.67%
Current Estimated Value
$213,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,641
Avg. Annual Appreciation
2.60%

Purchase Details

Closed on
Oct 22, 2002
Sold by
Arbor Lakes Partnership
Bought by
Collins George J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.21%

Purchase Details

Closed on
Aug 15, 2002
Sold by
G & P Supply Corp
Bought by
Arbor Lakes Partnership

Purchase Details

Closed on
Aug 1, 1993
Bought by
Collins George J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moore Joan M Irrevocable Trust $198,000 Express Title Services
Collins George J $87,500 Crystal River Title
Arbor Lakes Partnership $69,900 --
Collins George J $75,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins George J $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2022 03/02/22 Sold $198,000 -5.7% $164 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
12/11/2021 12/11/21 For Sale $209,900 -- $174 / 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 $1,593 $147,625 -- --
2024 $1,545 $143,465 -- --
2023 $1,545 $139,286 $0 $0
2022 $2,253 $145,997 $9,640 $136,357
2021 $629 $71,471 $0 $0
2020 $589 $107,075 $9,640 $97,435
2019 $588 $95,702 $9,640 $86,062
2018 $568 $81,474 $6,490 $74,984
2017 $571 $66,223 $6,300 $59,923
2016 $583 $64,861 $7,340 $57,521
2015 $589 $64,410 $7,340 $57,070
2014 $603 $64,110 $11,039 $53,071
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 808165

REALTORS® Association of Citrus County

APN: 19E-18S-14-0140-000O0-0030