NOT LISTED FOR SALE

5350 N Florida Ave Hernando, FL 34442

Estimated Value: $206,464

19.1 Acres
$10,810 Price per Acre
831,996 Sq Ft Lot

Last Sold December 18, 2018

Last sale price $178,000

Est. 16% increase in value since last sale

Current estimated payment $1,229/month

218 Days on Market

Highlights

  • 19.1 Acre Lot
  • No HOA
  • Rectangular Lot
  • Wooded Lot

About This Lot

As of December 2018

Opportunity knocks!!! 19+ acres Located in the heart of growing Citrus County and ready for development. This property has 1500' frontage on a High Traffic hwy 41 and just 8 miles north of Inverness; known as the "Country Town Done Right". To the north Citrus Springs. Close to shopping, Medical, Withlacoochee Bike Trail, Tasala Apopka Chain of Lakes,Lake Rousseau and Much more! The property is just 30 min to Ocala, and just over an hour to Orlando. This property is suited for a Family Estate or a Great Investment for the right Developer. Simply Put this is a Rare opportunity for many uses in a Great Location and a Must See Property. THE OWNER WILL FINANCE WITH ACCEPTABLE TERMS AND WILL CONSIDER SUB-DIVIDING.. OPPORTUNITY KNOCKS!!!! CALL TODAY... THIS ONE WILL GO QUICK!!!

Last Agent to Sell the Property

Edmond Bucks

Tropic Shores Realty License #3393682 Listed on: 04/19/2018

Last Buyer's Agent

Edmond Bucks

Tropic Shores Realty License #3393682 Listed on: 04/19/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,783

Lot Details

  • 19.1 Acre Lot
  • Property fronts a county road
  • Rectangular Lot
  • Irregular Lot
  • Wooded Lot
  • Property is zoned LDRMH

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association
  • Forest Lake Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,783

Lot Details

0

Listing Details

  • Directions: From Hwy 44 go north on Hwy 41 approx. 8 miles. There is a large vacant land parcel to the east ( YOUR RIGHT)directly across from this property.From the north its located on your right .
  • Lot Size Acres: 19.1
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: County Road
  • Subdivision Name: Forest Lake
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family

Exterior Features

  • Lot Features: Acreage, Irregular Lot, Rectangular, Wooded
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 832127.0
  • Zoning: LDRMH
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1783.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2020
Sold by
Mchugh Colleen E
Bought by
Brahmbhatt Devanshi
Current Estimated Value
$206,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2019
Sold by
Mchugh Colleen K
Bought by
Proch Michael Edward and Proch Katelyn Nichole Whited

Purchase Details

Listed on
Apr 19, 2018
Closed on
Dec 14, 2018
Sold by
Heyden Richard P and Heyden Janet S
Bought by
Mchugh Colleen E
Seller's Agent
Edmond Bucks
Tropic Shores Realty
Buyer's Agent
Edmond Bucks
Tropic Shores Realty
List Price
$249,900
Sold Price
$178,000
Premium/Discount to List
-$71,900
-28.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.13%

Purchase Details

Closed on
Jul 3, 2018
Sold by
Heyden Janet and Heyden Richard P
Bought by
Heyden Janet S and Heyden Richard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.55%

Purchase Details

Closed on
Feb 24, 2009
Sold by
Heyden Phillip T and Heyden Allison D
Bought by
Heyden Richard P and Heyden Janet

Purchase Details

Closed on
Feb 1, 2009
Bought by
Heyden Richard P and Heyden Janet

Purchase Details

Closed on
Nov 3, 2004
Sold by
Ceparano John and Ceparano Angela
Bought by
Heyden Phillip T and Heyden Allison D

Purchase Details

Closed on
Sep 1, 1993
Bought by
Heyden Richard P and Heyden Janet

Purchase Details

Closed on
Apr 1, 1988
Bought by
Heyden Richard P and Heyden Janet
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brahmbhatt Devanshi $145,000 Compass Title Llc
Brahmbhatt Devanshi $145,000 Compass Title
Proch Michael Edward $11,000 Manatee Title Llc
Mchugh Colleen E $178,000 First Intl Title Inc
Heyden Janet S $100 --
Heyden Richard P -- None Available
Heyden Richard P $100 --
Heyden Phillip T $253,500 Manatee Title Co Inc
Heyden Richard P $100,000 --
Heyden Richard P $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Brahmbhatt Devanshi $114,400
Closed Brahmbhatt Devanshi $3,428
Previous Owner Heyden Janet S --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2018 12/18/18 Sold $178,000 -28.8% --
11/18/2018 11/18/18 Pending -- -- --
04/14/2018 04/14/18 For Sale $249,900 -- --
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
2025 $1,773 $119,300 $119,300 --
2024 $1,791 $119,300 $119,300 --
2023 $1,791 $119,300 $119,300 $0
2022 $1,725 $119,300 $119,300 $0
2021 $1,706 $119,300 $119,300 $0
2020 $1,738 $119,300 $119,300 $0
2019 $1,835 $124,170 $124,170 $0
2018 $1,744 $115,440 $115,440 $0
2017 $1,783 $115,440 $115,440 $0
2016 $1,854 $115,440 $115,440 $0
2015 $1,960 $119,000 $119,000 $0
2014 $1,970 $115,515 $115,515 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 772035

REALTORS® Association of Citrus County

APN: 19E-18S-10-0000-43300