$63,400
SOLD AUG 8, 2025

5105 N Princewood Dr Pine Ridge, FL 34465

1.02 Acres
$62,157 Price per Acre
44,431 Sq Ft Lot

Recently Sold

6% Above List Price

1 Day on Market

Highlights

  • Room in yard for a pool
  • Tennis Courts
  • Level Lot
  • Clubhouse
  • High Speed Internet

About This Lot

As of August 2025

Discover the perfect canvas for your dream home on this 1.02-acre homesite nestled in the desirable equestrian community of Pine Ridge Estates. Elevated above street grade with a mix of topography, this lot offers ample space for a custom home, pool, and even a detached garage or workshop. Located in a non-flood zone with low HOA fees, it’s an ideal choice for growing families, those approaching retirement, or builders seeking a prime investment. Just minutes from shopping, dining, schools, and recreation—and only a mile from the upcoming Tampa General Hospital in Hernando—this property blends privacy, potential, and convenience in one of Citrus County’s most sought-after neighborhoods.

Last Agent to Sell the Property

Marlo Macaisa

RE/MAX Realty One License #3181138 Listed on: 07/08/2025

Co-Listed By

Louis Miele

RE/MAX Realty One License #3077521

Last Buyer's Agent

Amy Meek

Meek Real Estate License #3452385

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $457

Lot Details

  • 1.02 Acre Lot
  • West Facing Home
  • Level Lot
  • Irregular Lot
  • Property is zoned RUR

HOA Fees

  • $8 Monthly HOA Fees

Schools

  • Central Ridge Elementary School
  • Citrus Springs Middle School
  • Lecanto High School

Utilities

  • Septic Needed
  • High Speed Internet

Community Details

Overview

  • Pine Ridge Estates Poa, Phone Number (352) 746-0899
  • Pine Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Room in yard for a pool

Property Details

Property Type

Land

Est. Annual Taxes

$457

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Co List Office Mls Id: 0592
  • Co List Office Phone: (352) 527-7842
  • Directions: From CR 491 turn onto Pine Ridge Blvd, turn right on Persimmon Dr, right on Sandalwood, right on Princewood, lot is on your right
  • Lot Size Acres: 1.02
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Pine Ridge
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Direction Faces: West
  • Exterior Features: Room For Pool
  • Lot Features: Flat, Irregular Lot
  • Topography: Varied
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Utilities: High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 95.0
  • Association Fee Frequency: Annually
  • Association Name: Pine Ridge Estates POA
  • Phone: 352-746-0899
  • Association: Yes
  • Community Features: Clubhouse, Playground, Tennis Court(s)

Fee Information

  • Association Fee Includes: Other, See Remarks

Schools

  • Elementary School: Central Ridge Elementary
  • High School: Lecanto High
  • Middle Or Junior School: Citrus Springs Middle

Lot Info

  • Lot Size Sq Ft: 44438.0
  • Zoning: RUR

Tax Info

  • Tax Annual Amount: 456.97
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2025
Closed on
Jul 10, 2025
Sold by
Chua Teresa Jema
Bought by
Meek Development & Investment Llc
Seller's Agent
Marlo Macaisa
RE/MAX Realty One
Buyer's Agent
Amy Meek
Meek Real Estate
List Price
$59,900
Sold Price
$63,400
Premium/Discount to List
$3,500
5.84%
Total Days on Market
1
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1210813.86%
Original Mortgage
$472,000
Outstanding Balance
$471,175
Interest Rate
6.67%
Mortgage Type
Construction
Estimated Equity
-$292,842

Purchase Details

Closed on
Mar 1, 1994
Bought by
Catolos Theresa-Jema S

Purchase Details

Closed on
May 1, 1987
Bought by
Catolos Theresa-Jema S
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $63,400 Fidelity National Title
Deed $24,000 --
Deed $7,304,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $472,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Sold $63,400 +5.8% --
07/09/2025 07/09/25 Pending -- -- --
07/08/2025 07/08/25 For Sale $59,900 -- --
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 $430 $38,260 $38,260 --
2023 $430 $21,722 $0 $0
2022 $388 $33,670 $33,670 $0
2021 $287 $18,870 $18,870 $0
2020 $263 $16,320 $16,320 $0
2019 $255 $16,070 $16,070 $0
2018 $210 $13,770 $13,770 $0
2017 $233 $15,180 $15,180 $0
2016 $217 $13,350 $13,350 $0
2015 $209 $12,550 $12,550 $0
2014 $243 $14,110 $14,110 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 846102

REALTORS® Association of Citrus County

APN: 18E-17S-32-0030-00050-0190