NOT LISTED FOR SALE

4195 E Parsons Point Rd Hernando, FL 34442

Estimated Value: $2,479,000 - $3,013,000

10 Beds
10 Baths
15,356 Sq Ft
$181/Sq Ft Est. Value

Sale Details

Date Sold: January 29, 2016

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

Est. 174% increase in value since last sale

Current estimated payment $17,083 / mo

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: 02/21/2014

Last Buyer's Agent

Terri Hartman

Crossland Realty Inc. License #495086 Listed on: 02/21/2014

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

4.83 Acres

Listing Details

  • Architectural Style: Mobile Home, Other, See Remarks
  • CapRate: 0.18
  • 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,Mixed Use
  • 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
  • Pets Allowed: Pet Restrictions

Lot Info

  • Zoning: CLR

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2018
Sold by
Bought by
Current Estimated Value
$2,775,173

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
Outstanding Balance
$92,710
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$2,682,463

Purchase Details

Listed on
Feb 21, 2014
Closed on
Jan 29, 2016
Bought by
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
10.19%

Purchase Details

Closed on
Aug 29, 2005
Sold by
Bought by

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
Bought by

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,560,000 American Title Svcs Of Citru
$1,013,000 --
$1,300,000 Dba Crystal River Title
$1,000,000 Land Title Insurance Of Citr
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $156,000
Previous Owner $500,000
Previous Owner $650,000
Closed $34,751
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $25,128 $1,480,770 $1,144,100 $336,670
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

  • Terri Hartman

    Seller's Agent in 2016

    Terri Hartman

    Crossland Realty Inc.

    (352) 726-6644

    21 Total Sales

    Terri Hartman
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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

Florida Citrus County Hernando 34442

4195 E Parsons Point Rd, Hernando, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTORS® Association of Citrus County IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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