$225,000
SOLD DEC 9, 2016

4051 E Parsons Point Rd Hernando, FL 34442

3 Beds
2 Baths
1,734 Sq Ft
0.47 Acres

Recently Sold

$130 Per Sq Ft

15% Below List Price

180 Days on Market

Highlights

  • Lake Front
  • Primary Bedroom Suite
  • Open Floorplan
  • Docks
  • Updated Kitchen
  • Ranch Style House

About This Home

As of January 2020

Open Lakefront on the big lake in Hernando, FL!! You wont get many lakefront settings like this! 3BR/2BA with a stone fireplace in the great room. Gorgeous lake views to enjoy from the Florida room. Stunning kitchen to enjoy with wooded cabinetry, granite counter tops and upgraded stainless steel appliances. Formal dining room off the kitchen. Almost 1/2 acre on the lake with a covered boat dock. Enjoy fishing, boating, skiing and more from your back yard! Easy access to Inverness and Ocala.

Last Agent to Sell the Property

Roy Bass

All Citrus Realty License #128783 Listed on: 05/13/2016

Last Buyer's Agent

Karen Cunningham

RE/MAX Realty One License #BK-0613853

RE/MAX Realty One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,715

Year Built

  • Built in 1975

Lot Details

  • 0.47 Acre Lot
  • Lake Front
  • Property fronts a county road
  • Rectangular Lot
  • Property is zoned CL

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 1,734 Sq Ft Home
  • Open Floorplan
  • Gas Fireplace
  • Water Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Oven
  • Gas Cooktop
  • Dishwasher
  • Solid Wood Cabinet

Flooring

  • Wood
  • Carpet
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Outdoor Features

  • Docks
  • Exterior Lighting
  • Shed

Schools

  • Hernando Elementary School
  • Citrus High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Heater
  • Septic Tank

Community Details

Overview

  • No Home Owners Association
  • Bitzer Lake Shores Subdivision

Amenities

  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,715

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Architectural Style: Ranch
  • Carport Y N: No
  • Directions: Hwy 41 from Inverness to Hernando. At the light in Hernando, turn right on Parsons Point Road to the home on left.
  • Water Frontage Type: Lakefront
  • Garage Yn: Yes
  • Lot Size Acres: 0.47
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Bitzer Lake Shores
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Oven, Range, Refrigerator, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Slate, Wood
  • Furnished: Unfurnished
  • Interior Amenities: Eat-in Kitchen, Fireplace, Master Suite, Open Floorplan, Split Bedrooms, Shower Only, Separate Shower, Updated Kitchen, Walk-In Closet(s), Wood Cabinets, Window Treatments, First Floor Entry, Cable TV
  • Living Area: 1734.0

Exterior Features

  • Construction Type: Stone, Stucco
  • Exterior Features: Lighting, Paved Driveway
  • Foundation Details: Block
  • Lot Features: Rectangular
  • Other Structures: Shed(s)
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • View: Water
  • View: Yes
  • Waterfront Features: Boat Dock/Slip, Lake Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Driveway, Garage, Paved
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: Shopping

Schools

  • Elementary School: Hernando
  • High School: Citrus

Lot Info

  • Zoning: CL
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2715.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Mar 10, 2020
Sold by
Phillips William
Bought by
Phillips William and Wooley Sheila
Seller's Agent
Kevin Cunningham
RE/MAX Realty One
Buyer's Agent
Julia Kelly Albert
Sellstate Next Generation Real
List Price
$290,000
Sold Price
$280,000
Premium/Discount to List
-$10,000
-3.45%
Current Estimated Value
$498,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,535
Avg. Annual Appreciation
10.59%
Original Mortgage
$280,000
Outstanding Balance
$192,080
Interest Rate
3.73%
Mortgage Type
VA
Estimated Equity
$306,455

Purchase Details

Listed on
Nov 18, 2019
Closed on
Jan 10, 2020
Sold by
Budd Edwin J and Budd Alice E
Bought by
Phillips William
Seller's Agent
Kevin Cunningham
RE/MAX Realty One
Buyer's Agent
Julia Kelly Albert
Sellstate Next Generation Real
List Price
$290,000
Sold Price
$280,000
Premium/Discount to List
-$10,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$192,080
Interest Rate
3.73%
Mortgage Type
VA
Estimated Equity
$306,455

Purchase Details

Listed on
May 13, 2016
Closed on
Dec 8, 2016
Sold by
Chattin Charles A
Bought by
Chattin Charles A
Seller's Agent
Roy Bass
All Citrus Realty
Buyer's Agent
Karen Cunningham
RE/MAX Realty One
List Price
$264,900
Sold Price
$225,000
Premium/Discount to List
-$39,900
-15.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$180,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2009
Sold by
Jenkins Albert E and Jenkins Paula
Bought by
Chattin Charles A

Purchase Details

Closed on
Feb 17, 2005
Sold by
Smith Donald S and Smith Maureen
Bought by
Jenkins Albert E and Jenkins Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1999
Bought by
Budd Edwin J and Budd Alice E

Purchase Details

Closed on
Apr 1, 1990
Bought by
Budd Edwin J and Budd Alice E

Purchase Details

Closed on
Dec 1, 1983
Bought by
Budd Edwin J and Budd Alice E

Purchase Details

Closed on
Apr 1, 1983
Bought by
Budd Edwin J and Budd Alice E
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $280,000 Compass Title Llc
Interfamily Deed Transfer $225,000 First Intl Title Inc
Warranty Deed $257,500 American Title Services Of C
Warranty Deed $229,000 American Title Services Of C
Deed $100 --
Deed $115,000 --
Deed $69,900 --
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 VA
Previous Owner $180,000 New Conventional
Previous Owner $179,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2020 01/10/20 Sold $280,000 -3.4% $161 / Sq Ft View Prior Sale
12/11/2019 12/11/19 Pending -- -- --
11/15/2019 11/15/19 For Sale $290,000 +28.9% $167 / Sq Ft
12/09/2016 12/09/16 Sold $225,000 -15.1% $130 / Sq Ft
11/09/2016 11/09/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $264,900 -- $153 / 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 $27 $255,577 -- --
2023 $27 $248,133 $0 $0
2022 $86 $240,906 $0 $0
2021 $27 $233,889 $0 $0
2020 $2,341 $238,242 $70,020 $168,222
2019 $2,312 $213,940 $72,140 $141,800
2018 $2,286 $196,880 $72,140 $124,740
2017 $2,280 $182,019 $73,540 $108,479
2016 $2,628 $158,959 $73,540 $85,419
2015 $2,715 $160,510 $73,540 $86,970
2014 $2,835 $162,120 $72,585 $89,535
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 726612

REALTORS® Association of Citrus County

APN: 19E-18S-25-0030-00000-0050