NOT LISTED FOR SALE

5040 N Red Ribbon Point Beverly Hills, FL 34465

Estimated Value: $575,000 - $772,000

1.07 Acres
$661,046 Price per Acre
46,609 Sq Ft Lot

Last Sold July 05, 2019

Last sale price $16,000

Est. 4,321% increase in value since last sale

Current estimated payment $3,758/month

555 Days on Market

Highlights

  • Room in yard for a pool
  • Cul-De-Sac
  • Landscaped with Trees

About This Lot

As of July 2019

Beautiful wooded 1 acre + home site on cul-de-sac. Existing upscale homes surround this area. Minutes away from shopping, fishing, restaurants etc. Pine Ridge, THE place to be! Find your place in this community located on Florida's Nature Coast - a fine Equestrian Complex, Highland Hills Golf & Country Club, tennis, shuffleboard, kid's play area & even a RC airplane flying field. Envision your NEW home on this 1 acre site perched nicely above the road. Gorgeous trees provide a lovely surround to complete the package. After golfing at one of the two courses, a par 72 main course & Little Pines a par 3 executive course, or riding your horse on some of the 28+ miles of horse trails, you'll enjoy relaxing at your new home. Fish, kayak, snorkel...water & nature are all around! http://studio3services.com/tour/redribbon5040.m4v

Last Agent to Sell the Property

Art Lance

Dalton Wade Inc License #3014056 Listed on: 11/27/2017

Dalton Wade Inc

Last Buyer's Agent

Linda Watkins

Watkins Real Estate LLC License #3080564

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $243

Lot Details

  • 1.07 Acre Lot
  • Lot Dimensions are 190x240
  • Cul-De-Sac
  • West Facing Home
  • Landscaped with Trees
  • Property is zoned RUR

HOA Fees

  • $6 Monthly HOA Fees

Utilities

  • Septic Needed

Community Details

Overview

  • Association fees include maintenance structure, recreation facilities, tennis courts
  • Prhoa Association
  • Pine Ridge Subdivision

Recreation

  • Room in yard for a pool

Property Details

Property Type

Land

Est. Annual Taxes

$243

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Directions: Lecanto Hwy (491) to Pine Ridge Blvd. go down Pine Ridge to First right Persimmons to Red Ribbon make a right follow around to property on your right at cul-de-sac.
  • Lot Size Acres: 1.07
  • Lot Size: 190x240
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Pine Ridge
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Direction Faces: West
  • Exterior Features: Room For Pool
  • Lot Features: Acreage, Cul-De-Sac, Trees
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Above Ground Utilities, Cable Available, Overhead Utilities, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 76.0
  • Association Fee Frequency: Annually
  • Association Name: PRHOA
  • Association: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Maintenance Structure, Recreation Facilities, Tennis Courts

Lot Info

  • Lot Size Sq Ft: 46518.0
  • Zoning: RUR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 243.25
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2017
Closed on
Jun 27, 2019
Sold by
Simpson Junior E
Bought by
Watkins Winzalo and Watkins Linda
Seller's Agent
Art Lance
Dalton Wade Inc
Buyer's Agent
Linda Watkins
Watkins Real Estate LLC
List Price
$25,000
Sold Price
$16,000
Premium/Discount to List
-$9,000
-36%
Current Estimated Value
$707,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$691,319
Avg. Annual Appreciation
83.00%

Purchase Details

Closed on
Jun 15, 2007
Sold by
Chin Chih Sheng and Ching Chih Sheng
Bought by
Simpson Junior E

Purchase Details

Closed on
Jun 1, 2007
Bought by
Simpson Junior E

Purchase Details

Closed on
Jan 5, 2000
Sold by
Pine Ridge
Bought by
Chin Chih Sheng

Purchase Details

Closed on
May 1, 1987
Bought by
Simpson Junior E
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
Watkins Winzalo $16,000 Manatee Title Llc
Simpson Junior E $58,000 Citrus Land Title Llc
Simpson Junior E $100 --
Chin Chih Sheng $20,700 Manatee Title Company Inc
Simpson Junior E $7,304,100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2019 07/05/19 Sold $16,000 -36.0% --
06/05/2019 06/05/19 Pending -- -- --
11/27/2017 11/27/17 For Sale $25,000 -- --
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 $27 $651,833 $40,050 $611,783
2023 $27 $633,661 $37,910 $595,751
2022 $383 $35,240 $35,240 $0
2021 $278 $19,760 $19,760 $0
2020 $252 $17,090 $17,090 $0
2019 $244 $16,820 $16,820 $0
2018 $220 $14,420 $14,420 $0
2017 $244 $16,180 $16,180 $0
2016 $225 $13,850 $13,850 $0
2015 $220 $13,200 $13,200 $0
2014 $260 $15,130 $15,130 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Art Lance

    Dalton Wade Inc

    Section Image

  • L

    Buyer's Agent in 2019

    Linda Watkins

    Watkins Real Estate LLC

    (352) 400-1776

    2 in this area

    7 Total Sales

    Linda Watkins
    Section Image
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Map

Source: REALTORS® Association of Citrus County

MLS Number: 766381

REALTORS® Association of Citrus County

APN: 18E-17S-32-0030-00050-0080

Florida Citrus County Beverly Hills 34465

5040 N Red Ribbon Point, Beverly Hills, FL

This home is located at 5040 N Red Ribbon Point, Beverly Hills, FL 34465 since 27 November 2017 and is currently estimated at $707,319. 5040 N Red Ribbon Point is a home located in Citrus County with nearby schools including Central Ridge Elementary School, Citrus Springs Middle School, and Lecanto High 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.

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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