NOT LISTED FOR SALE

4195 E Parsons Point Rd Hernando, FL 34442

Hernando Neighborhood

Estimated Value: $2,524,000 - $3,158,000

12 Beds
11 Baths
15,356 Sq Ft
$187/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $1,013,000 $66 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $17,994/month

677 Days on Market

Highlights

  • Lake Front
  • RV Access or Parking
  • No HOA
  • Boat Ramp
  • 4.83 Acre Lot
  • Billiard Room

About This Home

As of January 2016

4.83 Ac Beautiful FLORIDA LAKEFRONT w 45 rental units, boat ramp, laundromat, lakeside pavilion, fire pit, Storage garage, Workshop, tools, EQUIP. OWNER FINANCE W $500K DOWN. 36 UNITS ARE CAMP OWNED & include 10 cabin units built 1958 thru 60, 16 mobiles, 10 RVs. 9 spaces are Lot rent only. Camp Licensed for Mobile home & RV Parks, Transient Rentals (cabins), Public Lodging, Misc General merchandise store, Boat & related equipment rental. Opportunity for boat mooring & additional residence. Onsite well & septic. Rental Rates subject to change. Good return!! Unit #'s below = # OF Units at each rental rate, ADD 1@$617.50, 2@650, 1@679,1@700,1@679,

Last Agent to Sell the Property

Terri Hartman

Crossland Realty Inc. License #495086 Listed on: 02/24/2014

Last Buyer's Agent

Terri Hartman

Crossland Realty Inc. License #495086 Listed on: 02/24/2014

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $18,604

Year Built

  • Built in 1958

Lot Details

  • 4.83 Acre Lot
  • Lake Front
  • Property fronts a county road
  • South Facing Home

Home Design

  • 15,356 Sq Ft Home
  • Block Foundation
  • Modular or Manufactured Materials
  • Concrete Block And Stucco Construction

Parking

  • Shared Driveway
  • RV Access or Parking

Outdoor Features

  • Boat Ramp

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Septic Tank
  • Shared Septic

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Amenities

  • Community Barbecue Grill
  • Billiard Room
  • Laundry Facilities

Building Details

  • Operating Expense $86,345
  • Gross Income $270,138
  • Net Operating Income $183,793

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$18,604

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Architectural Style: Mobile Home, Other
  • Carport Y N: No
  • Directions: RT on Parsons Point Road East of Hwy 41, past the Public Beach. Detailed showings by appointment only but you can drive through & enjoy the beautiful property & Lakefront.
  • Water Frontage Type: Lakefront
  • Garage Yn: No
  • Lot Size Acres: 4.83
  • Lot Size: 4.83 Acres
  • Property Sub Type: Manufactured Home
  • Property Sub Type Additional: Manufactured Home,Multi Family
  • Prop. Type: Residential Income
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Not on List
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Furnished: Unfurnished

Exterior Features

  • Construction Type: Block, Other, Concrete, Manufactured
  • Direction Faces: South
  • Disclosures: Home Warranty
  • Foundation Details: Block, Other
  • Home Warranty: Yes
  • Lot Features: Acreage
  • Pool Features: None
  • Roof: Other, See Remarks
  • Waterfront Features: Boat Ramp/Lift Access, Lake Front
  • Waterfront: Yes

Garage/Parking

  • Parking Features: RV Access/Parking, Shared Driveway, Storage, Workshop in Garage

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Wall Furnace
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Sewer: Shared Septic, Septic Tank

Condo/Co-op/Association

  • Association: No
  • Community Features: Barbecue, Billiard Room, Laundry Facilities

Lot Info

  • Zoning: CLR
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 270138.0
  • Property Net Operating Income: 183793.0
  • Number Of Units Total: 10
  • Annual Operating Expense: 86345.0

Tax Info

  • Tax Annual Amount: 18603.84
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2018
Sold by
Watsons Resort & Fish Camp Of Citrus Cou
Bought by
Fsvv Llc
Current Estimated Value
$2,872,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 24, 2014
Closed on
Jan 29, 2016
Bought by
Watsons Resort And Fish Camp and Of Citrus County Llc
Seller's Agent
Terri Hartman
Crossland Realty Inc.
Buyer's Agent
Terri Hartman
Crossland Realty Inc.
List Price
$1,135,000
Sold Price
$1,013,000
Premium/Discount to List
-$122,000
-10.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%

Purchase Details

Closed on
Aug 29, 2005
Sold by
Christiansen Robert L and Christiansen Sandra L
Bought by
Watsons Fish Camp Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 20, 2003
Sold by
Zettle Ray E and Zettle Sandra J
Bought by
Christiansen Robert L and Christiansen Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.4%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
Fsvv Llc $1,560,000 American Title Svcs Of Citru
Watsons Resort And Fish Camp $1,013,000 --
Watsons Fish Camp Properties Llc $1,300,000 Dba Crystal River Title
Christiansen Robert L $1,000,000 Land Title Insurance Of Citr
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leesons Mhc Llc $200,000
Closed Fsvv Llc $156,000
Previous Owner Watsons Fish Camp Properties Llc $500,000
Previous Owner Christiansen Robert L $650,000
Previous Owner Zettle Ray E $185,000
Closed Christiansen Robert L $34,751
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 Sold $1,013,000 -10.7% $66 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
02/21/2014 02/21/14 For Sale $1,135,000 -- $74 / 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 $24,659 $1,368,580 $1,144,100 $224,480
2023 $24,659 $1,324,120 $1,144,100 $180,020
2022 $22,534 $1,227,180 $1,144,100 $83,080
2021 $22,290 $1,224,040 $1,110,780 $113,260
2020 $21,067 $1,221,630 $1,110,780 $110,850
2019 $18,458 $1,043,970 $1,009,800 $34,170
2018 $15,197 $848,060 $706,050 $142,010
2017 $15,134 $825,130 $825,130 $0
2014 $19,379 $1,028,622 $919,321 $109,301
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 708842

REALTORS® Association of Citrus County

APN: 19E-18S-24-0010-00310-0090