NOT LISTED FOR SALE

46 SE 1st Way Lake Panasoffkee, FL 33538

Estimated Value: $119,296 - $127,000

2 Beds
1 Bath
872 Sq Ft
$140/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $78,000 $89 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $657/month

4 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Bungalow
  • Lake Panasoffkee Elementary School Rated 9+
  • Mini Split Air Conditioners
  • Laundry closet

About This Home

As of December 2020

This Bungalow style home is nestled under a canopy of mature Maple, Magnolia and Oak trees. Bring your boat! There’s plenty of room to store it on your property and there are several public boat ramps available for convenient access to the beautiful Panasoffkee Lake, the Withlacoochee River and other surrounding lakes. Enjoy all the fun outdoor activities in the area including airboat rides, paddle boarding, boating, fishing or just relaxing on the lake. If you want to live only minutes from the highly sought after community of The Villages and all the amenities they have to offer for a very affordable price, then this is the place for you. It’s only a hop, skip and jump to the best restaurants, nightlife, shopping, golfing, movie theater, athletic clubs, beauty shops, and the best medical care the area has to offer. Right off I 75 in the heart of Central FL for easy access to anywhere you want to go. One hour from Disney, one hour from Tampa and just a little further to beautiful Clearwater Beach!
This house has been newly renovated and has beautiful brand new ceramic tile throughout, freshly painted walls, updated kitchen, brand new A/C mini split unit with remote controls (2020), Brand new Septic System (October 2020) and many other updates including easy maintenance landscaping. You will not need to do a thing to this place. It is move in ready! Whether you’re looking for a starter home, a Florida vacation home, you’re retiring or you just need to downsize, this adorable fully renovated cottage is perfect for you. Priced to sell so this will not last long. Call today to see this before it’s gone!

Last Agent to Sell the Property

Kristine Hanekom

License #3399574 Listed on: 10/31/2020

Last Buyer's Agent

Danielle Cash

LPT REALTY, LLC License #3382360

LPT REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $289

Year Built

  • Built in 1962

Lot Details

  • 5,000 Sq Ft Lot
  • East Facing Home

Home Design

  • Bungalow
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 872 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Ceramic Tile Flooring
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Lake Panasoffkee Elementary School
  • South Sumter Middle School
  • South Sumter High School

Utilities

  • Mini Split Air Conditioners
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Peace Valley Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$289

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 872
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1962
  • Building Area Total: 872
  • Lot Size Sq Ft: 5000
  • Directions to Property: I 75 Southbound take exit 321 toward Lake Panasoffkee. Head west on E County Rd 470. Right on Co Rd 495. Right on Co Rd 496. Right on 1st Way. House on right. I 75 Northbound take exit 321 toward Lake Panasoffkee. Head west on E County Rd 470. Right on Co Rd 495. Right on Co Rd 496. Right on 1st Way. House on right.
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3271725?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3271725?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 89.45
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 89.45
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 46
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Number Of Wells: 1
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12119C0138D
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Mini-Split Unit(s)
  • Heating: Heat Pump
  • Laundry Features: Laundry Closet
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Lake Panasoffkee Elementary
  • High School: South Sumter High
  • Middle Or Junior School: South Sumter Middle

Lot Info

  • Zoning: RESI
  • Parcel Number: J15A014
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2013-09-27

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 289
  • Tax Block: J15A014
  • Tax Book Number: 2-28
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2020
Closed on
Dec 16, 2020
Sold by
Hanekom Kristine
Bought by
Vincent Nathaniel and Taverne Abigail
Seller's Agent
Kristine Hanekom
Buyer's Agent
Danielle Cash
LPT REALTY, LLC
List Price
$78,000
Sold Price
$78,000
Current Estimated Value
$122,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,432
Avg. Annual Appreciation
10.30%
Original Mortgage
$78,787
Outstanding Balance
$71,277
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$53,107

Purchase Details

Closed on
Sep 19, 2019
Sold by
Business Solutions Of Hillsborugh Llc
Bought by
Hanekom Kristine

Purchase Details

Closed on
Aug 8, 2019
Sold by
City Of Sumter
Bought by
Business Solutions Of Hillsborough Llc
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
Vincent Nathaniel $78,000 Peer Title Inc
Hanekom Kristine -- None Available
Business Solutions Of Hillsborough Llc $7,150 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vincent Nathaniel $78,787
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Sold $78,000 0.0% $89 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
10/31/2020 10/31/20 For Sale $78,000 -- $89 / Sq Ft
Source: Stellar MLS

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 $125 $14,640 -- --
2023 $125 $14,220 $0 $0
2022 $124 $13,810 $2,660 $11,150
2021 $124 $13,810 $2,660 $11,150
2020 $284 $13,280 $2,660 $10,620
2019 $289 $13,280 $2,660 $10,620
2018 $124 $9,220 $0 $0
2017 $124 $9,030 $2,660 $6,370
2016 $124 $9,030 $0 $0
2015 $124 $9,030 $0 $0
2014 $124 $9,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kristine Hanekom

    Section Image
  • Danielle Cash

    Buyer's Agent in 2020

    Danielle Cash

    LPT REALTY, LLC

    (813) 545-4144

    1 in this area

    25 Total Sales

    Danielle Cash
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: T3271725

Stellar MLS

APN: J15A014

Florida Sumter County Lake Panasoffkee 33538

46 SE 1st Way, Lake Panasoffkee, FL

This home is located at 46 SE 1st Way, Lake Panasoffkee, FL 33538 since 31 October 2020 and is currently estimated at $122,432, approximately $140 per square foot. This property was built in 1962. 46 SE 1st Way is a home located in Sumter County with nearby schools including Lake Panasoffkee Elementary School, South Sumter High School, and South Sumter Middle School.

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.

Stellar MLS 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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