4885 Cr-306a Lake Panasoffkee, FL 33538
2
Beds
1
Bath
1,040
Sq Ft
9,500
Sq Ft Lot
Highlights
- Parking available for a boat
- Oak Trees
- No HOA
- River Access
- View of Trees or Woods
- Oversized Lot
About This Home
As of February 2025$30,000 Price Drop!! Seller is ready to get this one SOLD. This is the first house off the Withlacoochee River on the canal You're approx. 400 yards to the Dam, The Dam Pub and the airboat bridge/slide. This is Old Undisturbed Florida. From this house you can travel for miles and miles on the river, marshes, swamps... you will be located in an outdoor wonderland. This is no exaggeration, you can spend years exploring all the water accessible from this home. If your not an airboat person, no worries, a surface drive motor takes you to all kinds of incredible places. If you need a break from the water, try hiking or hunting at nearby Half Moon, Jumper Creek or Flying Eagle Wildlife Management Areas. Original owner built this home in 1984. The kitchen and the bathroom are original. If you like retro, you will love the bathroom. The home was built as a family retreat for weekends, holidays and summers. A large secondary bedroom was full of bunk beds for kids and friends. A lot of memories where made in this home and on the river. It's time for a new family to create their memories. The home needs some work, it will need a new roof, the inside needs a facelift – mostly cosmetic. Sweat Equity will go along way on this home. Paint will transform the outside. Paint and new flooring will make a huge difference on the inside. Having an boat parked underneath will also help. Homes on the river are hard to comeby, especially in this price range. Come take a look, don't let the deferred maintenance scare you. Because of the scarcity of homes with direct access to the river, this is a GOOD investment. The Villages is developing 9,000 acres in Sumter County, plus there are 3,000 acres of additional development --- This becomes a woulda, coulda, should of home. You'll look back and wish you would have bought it. More people creates more demand, very few homes with direct river access means limited supply. Basic economics, more demand than supply makes this a no brainer GOOD Investment. Plus it's a fun place to be
Last Agent to Sell the Property
XCELLENCE REALTY INC. Brokerage Phone: 866-595-6025 License #549696 Listed on: 05/31/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,383
Year Built
- Built in 1984
Lot Details
- 9,500 Sq Ft Lot
- Lot Dimensions are 100x95
- Property fronts a freshwater canal
- Cul-De-Sac
- North Facing Home
- Chain Link Fence
- Oversized Lot
- Level Lot
- Cleared Lot
- Oak Trees
Property Views
- Woods
- Canal
- Park or Greenbelt
Home Design
- Cabin
- Bi-Level Home
- Pillar, Post or Pier Foundation
- Wood Frame Construction
- Shingle Roof
Interior Spaces
- 1,040 Sq Ft Home
- Family Room Off Kitchen
- Living Room
- Range
Flooring
- Carpet
- Linoleum
Bedrooms and Bathrooms
- 2 Bedrooms
- Closet Cabinetry
- 1 Full Bathroom
Parking
- 2 Carport Spaces
- Off-Street Parking
- Parking available for a boat
Outdoor Features
- River Access
- Access To Lake
- Access to Freshwater Canal
- Private Mailbox
- Front Porch
Schools
- Lake Panasoffkee Elementary School
- South Sumter Middle School
- South Sumter High School
Utilities
- Cooling System Mounted To A Wall/Window
- Partial Heating System
- Heating System Mounted To A Wall or Window
- Well
- 1 Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
- Sunset Shores Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 10 / A
- Assessor Parcel Number E23EA010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2024
Closed on
Feb 4, 2025
Sold by
Hawley John J
Bought by
Wall Angela
Seller's Agent
Levi Salmans
XCELLENCE REALTY INC.
Buyer's Agent
Dustin Bradley
REMAX REALTY ONE
List Price
$225,000
Sold Price
$158,000
Premium/Discount to List
-$67,000
-29.78%
Views
150
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,831
Avg. Annual Appreciation
3.63%
Purchase Details
Closed on
Dec 11, 2001
Sold by
Edrington Wilbur L and Edrington Leslie K
Bought by
Howard George H and Howard Geraldine E
Similar Homes in Lake Panasoffkee, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $158,000 | Frontier Title Group | |
| Warranty Deed | $158,000 | Frontier Title Group | |
| Warranty Deed | $6,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Sold | $158,000 | -9.7% | $152 / Sq Ft |
| 01/20/2025 01/20/25 | Pending | -- | -- | -- |
| 10/29/2024 10/29/24 | Price Changed | $175,000 | -10.3% | $168 / Sq Ft |
| 08/19/2024 08/19/24 | Price Changed | $195,000 | -13.3% | $188 / Sq Ft |
| 05/31/2024 05/31/24 | For Sale | $225,000 | -- | $216 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $1,383 | $81,830 | $13,980 | $67,850 |
| 2023 | $1,383 | $121,220 | $15,620 | $105,600 |
| 2022 | $1,385 | $121,220 | $15,620 | $105,600 |
| 2021 | $1,524 | $121,220 | $15,620 | $105,600 |
| 2020 | $1,662 | $139,160 | $15,620 | $123,540 |
| 2019 | $1,629 | $139,160 | $15,620 | $123,540 |
| 2018 | $1,268 | $107,670 | $15,620 | $92,050 |
| 2017 | $1,149 | $88,930 | $15,620 | $73,310 |
| 2016 | $1,165 | $88,930 | $0 | $0 |
| 2015 | $1,150 | $86,110 | $0 | $0 |
| 2014 | $1,182 | $86,110 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Levi Salmans
Seller's Agent in 2025
Levi Salmans
XCELLENCE REALTY INC.
(407) 489-0155
17 in this area
62 Total Sales
-
Dustin Bradley
Buyer's Agent in 2025
Dustin Bradley
RE/MAX
(352) 302-8566
1 in this area
48 Total Sales
Map
Source: Stellar MLS
MLS Number: O6210082
APN: E23EA010
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.
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
Nearby Homes