NOT LISTED FOR SALE

491 Fairbanks Rd Spring Hill, FL 34608

Estimated Value: $248,613 - $285,000

2 Beds
2 Baths
1,362 Sq Ft
$199/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $159,900 $117 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,618/month

5 Days on Market

Highlights

  • River View
  • Wood Flooring
  • Walk-In Closet
  • Waterfront
  • No HOA
  • Patio

About This Home

As of December 2020

ACTIVE W/ CONTRACT-MOVE IN READY HOME . This 2bed/2bath is a Great starter home or a home to downsize too. Oversized on a Very serene wooded lot that backs up to quiet Oak Lake. It is located away from traffic, yet close to all amenities and shopping plazas. Home has a living room, dining room or another family room or can be made to a 3rd bedroom. Kitchen newly updated has stainless appliances, laminate flooring throughout, tile in bathrooms, laundry room out in carport shed, tool shed and dog kennel area in the back yard. Enjoy your evenings on the screened patio looking at the sunset with waterview. Electrical panel 2020

Last Agent to Sell the Property

Rhonda Cassidy

REMAX Marketing Specialists License #3288261 Listed on: 11/05/2020

REMAX Marketing Specialists

Last Buyer's Agent

NON MEMBER

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,110

Year Built

  • Built in 1975

Lot Details

  • 0.34 Acre Lot
  • Waterfront
  • Property is zoned PDP, Planned Development Project

Parking

  • 1 Carport Space

Property Views

  • River
  • Lake

Home Design

  • Fixer Upper

Interior Spaces

  • 1,362 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Shed

Schools

  • Suncoast Elementary School
  • Fox Chapel Middle School
  • Springstead High School

Utilities

  • Central Heating and Cooling System
  • Private Sewer
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Spring Hill Unit 6 Subdivision

Listing and Financial Details

  • Legal Lot and Block 0070 / 0279
  • Assessor Parcel Number R32 323 17 5060 0279 0070

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,110

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Directions: SPRING HILL DRIVE EAST TO WATERFALL TAKE RIGHT AND TAKE A LEFT ONTO APPLE ORCHARD ROAD AND RIGHT ONTO HALLCREST AND RIGHT ON FAIRBANKS
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: Spring Hill Unit 6
  • Unit Levels: One
  • Year Built: 1975
  • Building Stories: 1
  • Reso Fencing: Other
  • ResoLotFeatures: Other
  • Lot Size Acres: 0.34
  • Road Surface Type: Paved
  • View Type:Pond View: Lake
  • NAV29_Unit_1_Appliances: Dishwasher, Disposal, Electric Oven, Refrigerator
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 352-686-0540
  • MLS Status: Closed
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • New Construction: No
  • ResoPropertyCondition: Fixer
  • Master Plan Zoning: PDP
  • Location Tax and Legal Elementary School: Suncoast
  • Location Tax and Legal High School: Springstead
  • General Property Information Building Area Total3: 1864.0
  • General Property Information Lot Size Acres: 0.3444
  • General Property Information Lot Size Square Feet2: 15000.0
  • General Property Information Carport YN2: Yes
  • General Property Information Waterfront YN: Yes
  • General Property Information:Pool Private YN: No
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Road Surface Type:Paved: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal Parcel Number2: R32 323 17 5060 0279 0070
  • General Property Information Lot Size Dimensions: X
  • Location Tax and Legal:Tax Annual Amount: 1110.37
  • Location Tax and Legal Zoning Description2: Planned Development Project
  • Location Tax and Legal Tax Year2: 2020
  • Location Tax and Legal Tax Lot2: 0070
  • General Property Information New Construction YN: No
  • Levels:One: Yes
  • Security Features:Smoke Detector(s): Yes
  • Utilities:Cable Available: Yes
  • General Property Information CDD Fee YN: No
  • General Property Information Stories2: 1
  • Sewer Private Sewer: Yes
  • Utilities:Electricity Available: Yes
  • General Property Information Carport Spaces2: 1.0
  • Property Condition:Fixer: Yes
  • Architectural Style Ranch: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Flooring:Tile: Yes
  • Other Structures:Shed(s): Yes
  • Flooring Laminate: Yes
  • Flooring Wood: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Pantry, Primary Bathroom - Tub with Shower, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Other
  • Waterfront: Yes
  • Pool Private: No
  • Construction Type: Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Construction Materials:Frame: Yes
  • View:Lake: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Covered
  • General Property Information:Garage YN: No
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Central Air, Electric
  • Sewer: Private Sewer
  • Utilities: Cable Available, Electricity Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Suncoast
  • High School: Springstead
  • Middle Or Junior School: Fox Chapel

Lot Info

  • Lot Dimensions: X
  • Lot Size Sq Ft: 15000.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: R32 323 17 5060 0279 0070
  • Zoning Description: Planned Development Project
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1110.37
  • Tax Block: 0279
  • Tax Lot: 0070

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Dec 31, 2020
Sold by
Waterman Corey J and Waterman Kasey
Bought by
Wanek Donald
Seller's Agent
Rhonda Cassidy
REMAX Marketing Specialists
Buyer's Agent
NON MEMBER
NON MEMBER
List Price
$159,900
Sold Price
$159,900
Current Estimated Value
$271,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,253
Avg. Annual Appreciation
11.71%
Original Mortgage
$30,000
Outstanding Balance
$17,002
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$254,151

Purchase Details

Closed on
Sep 15, 2018
Sold by
Waterman Corey J
Bought by
Waterman Corey J and Waterman Kasey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 24, 2015
Closed on
Aug 27, 2015
Sold by
Anderson Lewis and Delong Betty A
Bought by
Waterman Corey J
Seller's Agent
Igor Panochko
Agent Trust Realty
Buyer's Agent
Rhonda Cassidy
RE/MAX Marketing Specialists
List Price
$89,500
Sold Price
$84,500
Premium/Discount to List
-$5,000
-5.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%
Original Mortgage
$82,968
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 29, 2014
Sold by
Anderson Lewis and Delong Betty A
Bought by
Lapis Vincenta Jeanette
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
Wanek Donald $159,900 Southern Security Ttl Svcs I
Waterman Corey J $41,500 Amrock
Waterman Corey J $84,500 Southeast Title Of The Sunco
Lapis Vincenta Jeanette $21,000 Tropic Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wanek Donald $30,000
Previous Owner Waterman Corey J $85,000
Previous Owner Waterman Corey J $82,968
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2020 12/31/20 Sold $159,900 0.0% $117 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $159,900 +89.2% $117 / Sq Ft
08/27/2015 08/27/15 Sold $84,500 -5.6% $62 / Sq Ft View Prior Sale
07/12/2015 07/12/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $89,500 +98.9% $66 / Sq Ft
08/12/2014 08/12/14 Sold $45,000 0.0% $33 / Sq Ft View Prior Sale
07/17/2014 07/17/14 Pending -- -- --
07/15/2014 07/15/14 For Sale $45,000 -- $33 / Sq Ft
Source: Hernando County Association of REALTORS®

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 $2,098 $140,672 -- --
2023 $2,098 $136,575 $0 $0
2022 $2,006 $132,597 $31,650 $100,947
2021 $1,596 $97,199 $23,250 $73,949
2020 $1,110 $78,705 $0 $0
2019 $1,099 $76,935 $15,750 $61,185
2018 $1,043 $67,911 $12,450 $55,461
2017 $1,256 $62,274 $13,500 $48,774
2016 $1,146 $56,072 $0 $0
2015 $1,022 $47,718 $0 $0
2014 $1,163 $56,572 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hernando County Association of REALTORS®

MLS Number: 2212889

Hernando County Association of REALTORS®

APN: R32-323-17-5060-0279-0070