NOT LISTED FOR SALE

5311 SW 55th Ln Bushnell, FL 33513

Wahoo Neighborhood

Estimated Value: $394,000 - $458,000

6 Acres
$72,187 Price per Acre
261,360 Sq Ft Lot

Last Sold June 02, 2023

Last sale price $104,900

Est. 313% increase in value since last sale

Current estimated payment $2,445/month

154 Days on Market

Highlights

  • Access To Creek
  • Creek or Stream View
  • Wooded Lot
  • 6 Acre Lot
  • Wetlands on Lot
  • No HOA

About This Lot

As of June 2023

" /// A NEW PATH has been cut so that it is easier to access the SE Corner of the lot on foot. This is the highest ground on on the property and was overgrown when this property was placed on the market. If you visited the property previously and missed walking this section, you may want to take another look. /// " Looking for your piece of FLORIDA PARADISE Compised of Hardwoods and Pine Trees, This property has it all. Off road means added seclusion. WOODED means that if you are looking to build you can carefully clear and keep seclusion from your rural neighbors. Bonus - There is a POND on the property. This property is 6.00 + ACRES with deeded access from the main road. Bring your boots if you wish to walk and get a feel for this property. Although the access route to the property has been cleared venturing around the property may be a bit difficult since it hasn't been cleared in many years. Property is located just 4 miles from the Wynnhaven Boat Ramp on the Withlacoochee River. Capped Well, Old Power Pole, and Rustic Hunt Shack on property. Lot is priced under current market values. OWNER IS MOTIVATED. Septic Site Evaluations Are Now Available Upon Request. Based on reports septic in the locations tested would not need to be mounded.

Last Agent to Sell the Property

Darin Crane

FLORIDA REALTY RESULTS LLC License #685122 Listed on: 10/10/2022

FLORIDA REALTY RESULTS LLC

Last Buyer's Agent

Nicco Lightfoot

EQUITY PARTNERS REAL EST LLC License #3406755

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $480

Lot Details

  • 6 Acre Lot
  • Lot Dimensions are 420x660
  • Property fronts a county road
  • Property fronts an easement
  • Rural Setting
  • Oversized Lot
  • Wooded Lot
  • Property is zoned AC

Utilities

  • Well Required
  • Septic Needed

Additional Features

  • Creek or Stream Views
  • In Flood Plain

Listing and Financial Details

  • Legal Lot and Block 017 / M03
  • Assessor Parcel Number M03-017

Community Details

Overview

  • No Home Owners Association

Recreation

  • Access To Creek
  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$480

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 6
  • Lot Size Sq Ft: 261360
  • Directions to Property: From Bushnell go west on 48, just before 3rd curve on right is SW 55th Lane, turn right onto SW 55th Lane. Go to the end of the road, there's a directional sign and at the neighbors along the fence line is an easement to the left, this easement should have been recently cleared, go about 240 feet, runs right in to the property line. See MLS Attachments for Map and additional driving instructions
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • Escrow City: Saint Cloud
  • Escrow Postal Code: 34769
  • Escrow State: FL
  • Escrow Street Name: E 13th Street
  • Escrow Street Number: 119
  • List Office Head Office Key Nume: 1042255
  • RATIO Current Price By Calculate: 0.40
  • Total Acreage: 5 to less than 10
  • Water Access YN: 1
  • Planned Unit Development Yn: 1
  • Tax Year: 2021
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 5311

Exterior Features

  • Other Structures: Other
  • Road Frontage Type: County Road, Easement
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Other Disclosures, Seller Property Disclosure
  • Water Access: Creek
  • Water Extras YN: 0
  • Water View: Creek
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2013-09-27
  • Flood Zone Panel: 12119C0204D
  • Price Per Acre: 17483
  • Easements: Ingress/Egress

Utilities

  • Utilities: Electrical Nearby, Other
  • Sewer: None, Septic Needed
  • Water Source: Well, Well Required

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: AC
  • Parcel Number: M03-017
  • Additional Parcels: No
  • Current Use: Unimproved
  • Lot Features: Flood Plain/Bottom Land, In County, Oversized Lot, Rural, Paved, Wetlands, Wooded
  • Lot Dimensions: 420x660
  • Flood Zone Code: X500
  • Lot Size Square Meters: 24281
  • Zoning Compatible YN: 1
  • Current Adjacent Use: Residential

Tax Info

  • Tax Annual Amount: 480
  • Tax Block: M03
  • Tax Book Number: 392/274
  • Tax Lot: 017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2022
Closed on
Jun 2, 2023
Sold by
Willard Davis Revocable Trust
Bought by
Myers Mark Allen and Myers Rachel
Seller's Agent
Darin Crane
FLORIDA REALTY RESULTS LLC
Buyer's Agent
Nicco Lightfoot
EQUITY PARTNERS REAL EST LLC
List Price
$109,000
Sold Price
$104,900
Premium/Discount to List
-$4,100
-3.76%
Views
272
Current Estimated Value
$433,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,223
Avg. Annual Appreciation
103.88%
Original Mortgage
$432,193
Outstanding Balance
$423,569
Interest Rate
6.39%
Mortgage Type
Construction
Estimated Equity
$38,028
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 Buyer Sale Price Title Company
Myers Mark Allen $104,900 A Clear Choice Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Mark Allen $432,193
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $104,900 -5.4% --
03/14/2023 03/14/23 Pending -- -- --
03/06/2023 03/06/23 Price Changed $110,900 +0.9% --
01/04/2023 01/04/23 Price Changed $109,900 +0.8% --
10/10/2022 10/10/22 For Sale $109,000 -- --
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 $497 $187,290 $36,000 $151,290
2023 $497 $33,880 $0 $0
2022 $444 $30,800 $28,800 $2,000
2021 $480 $30,800 $28,800 $2,000
2020 $495 $30,800 $28,800 $2,000
2019 $506 $30,800 $28,800 $2,000
2018 $464 $30,800 $28,800 $2,000
2017 $441 $27,500 $25,500 $2,000
2016 $446 $27,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Darin Crane

    FLORIDA REALTY RESULTS LLC

    (407) 301-6664

    1 in this area

    204 Total Sales

    Darin Crane
    Section Image

  • N

    Buyer's Agent in 2023

    Nicco Lightfoot

    EQUITY PARTNERS REAL EST LLC

    (727) 207-3029

    1 in this area

    4 Total Sales

    Nicco Lightfoot
    Section Image
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Map

Source: Stellar MLS

MLS Number: S5075428

Stellar MLS

APN: M03-017

Florida Sumter County Bushnell 33513 Wahoo

5311 SW 55th Ln, Bushnell, FL

This home is located at 5311 SW 55th Ln, Bushnell, FL 33513 since 10 October 2022 and is currently estimated at $433,123. 5311 SW 55th Ln is a home located in Sumter County with nearby schools including Lake Panasoffkee Elementary School, South Sumter Middle School, and South Sumter 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.

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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