NOT LISTED FOR SALE

5451 Panama Ave Spring Hill, FL 34609

Estimated Value: $235,000 - $261,000

2 Beds
2 Baths
1,088 Sq Ft
$226/Sq Ft Est. Value

Last Sold January 15, 2019

Last sale price $124,000 $114 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,425/month

3 Days on Market

Highlights

  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring
  • Wood Siding

About This Home

As of January 2019

Move in ready 2 Bedroom Home on a spacious 1/2 acre of land (mol)! Nice split plan layout. Large windowed enclosed lanai to enjoy all the seasons as you enjoy your beautiful view of the private back yard. Home features 2 full bathrooms, inside laundry room, and a large 2 car garage, it also includes an irrigation well! Freshly painted with Behr paints. A/C system was just serviced, updates also include a brand new garage door, brand new flooring and more! Close to all shopping, hospital, and highways. Call today for more information, priced to sell! Hard to find a home like this in this price range! Current WDO warranty in place with transferable quarterly monitoring for your peace of mind!

Last Agent to Sell the Property

John Sapone

Florida Blue Realty LLC License #BK3032234 Listed on: 12/03/2018

Last Buyer's Agent

Andrew Dickinson

Tropic Shores Realty LLC License #3129178

Tropic Shores Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,579

Year Built

  • Built in 1983

Lot Details

  • 0.47 Acre Lot
  • Property is zoned R1A

Parking

  • 2 Car Attached Garage

Home Design

  • Fixer Upper
  • Wood Siding

Interior Spaces

  • 1,088 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • No Tub in Bathroom

Schools

  • Spring Hill Elementary School
  • West Hernando Middle School
  • Central High School

Utilities

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

Community Details

  • No Home Owners Association
  • Spring Hill Unit 20 Subdivision

Listing and Financial Details

  • Legal Lot and Block 0150 / 1263
  • Assessor Parcel Number R32 323 17 5200 1263 0150

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,579

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Directions: Mariner Blvd N from Elgin Blvd to (R) on Seagate Street. 1st (L) onto Panama Ave. Property is on the left.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Other
  • Subdivision Name: Spring Hill Unit 20
  • Unit Levels: One
  • Year Built: 1983
  • Building Stories: 1
  • Lot Size Acres: 0.47
  • Road Surface Type: Paved
  • NAV29_Unit_1_Appliances: Dishwasher, Electric Oven, Refrigerator
  • Co List Office Phone: 352-515-0955
  • MLS Status: Closed
  • Architectural Style: Ranch
  • Carport Y N: No
  • New Construction: No
  • ResoPropertyCondition: Fixer
  • Master Plan Zoning: R1A
  • Location Tax and Legal Elementary School: Spring Hill
  • Location Tax and Legal High School: Central
  • General Property Information Building Area Total3: 1692.0
  • General Property Information Lot Size Acres: 0.47
  • General Property Information Lot Size Square Feet2: 20473.0
  • General Property Information Carport YN2: No
  • General Property Information Waterfront YN: No
  • 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 5200 1263 0150
  • Location Tax and Legal:Tax Annual Amount: 1578.84
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information New Construction YN: No
  • Levels:One: Yes
  • Utilities:Cable Available: Yes
  • General Property Information CDD Fee YN: No
  • General Property Information Direction Faces: East
  • Sewer Private Sewer: Yes
  • Water Source:Well: Yes
  • Flooring:Carpet: Yes
  • Property Condition:Fixer: Yes
  • Architectural Style Ranch: Yes
  • Flooring:Tile: Yes
  • Interior Features Primary Bathroom - Shower No Tub: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Tile
  • Interior Amenities: Primary Bathroom - Shower No Tub, Vaulted Ceiling(s), Split Plan
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Split Plan: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Waterfront: No
  • Pool Private: No
  • Construction Type: Frame, Wood Siding
  • Direction Faces: East
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air, Electric
  • Sewer: Private Sewer
  • Utilities: Cable Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public, Well
  • 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: Spring Hill
  • High School: Central
  • Middle Or Junior School: West Hernando

Lot Info

  • Lot Size Sq Ft: 20473.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: R32 323 17 5200 1263 0150
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1578.84
  • Tax Block: 1263
  • Tax Lot: 0150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2018
Closed on
Jan 15, 2019
Sold by
Bomhoff Phillip
Bought by
Irizarry Paul F and Irizarry Albert Sherill
Seller's Agent
John Sapone
Florida Blue Realty LLC
Buyer's Agent
Andrew Dickinson
Tropic Shores Realty LLC
List Price
$125,000
Sold Price
$124,000
Premium/Discount to List
-$1,000
-0.8%
Current Estimated Value
$246,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,314
Avg. Annual Appreciation
10.64%
Original Mortgage
$111,600
Outstanding Balance
$98,119
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$148,195

Purchase Details

Listed on
Oct 15, 2018
Closed on
Oct 25, 2018
Sold by
Hsbc Bank Usa National Association
Bought by
Bomhoff Philip
Seller's Agent
John Sapone
Florida Blue Realty LLC
Buyer's Agent
John Sapone
Florida Blue Realty LLC
List Price
$118,500
Sold Price
$101,000
Premium/Discount to List
-$17,500
-14.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
165.64%

Purchase Details

Closed on
Jul 19, 2018
Sold by
Carlson Ricfhrd H and Carlson William
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Mar 9, 2005
Sold by
Danna Dolores
Bought by
Carlson Richard H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,200
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Irizarry Paul F $124,000 North American Title Co
Bomhoff Philip $101,000 Attorney
Hsbc Bank Usa National Association -- None Available
Carlson Richard H $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irizarry Paul F $111,600
Previous Owner Carlson Richard H $86,200
Closed Carlson Richard H $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2019 01/15/19 Sold $124,000 -0.8% $114 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
12/03/2018 12/03/18 For Sale $125,000 +23.8% $115 / Sq Ft
10/30/2018 10/30/18 Sold $101,000 -14.8% $93 / Sq Ft View Prior Sale
10/19/2018 10/19/18 Pending -- -- --
08/08/2018 08/08/18 For Sale $118,500 -- $109 / 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 $1,561 $104,277 -- --
2023 $1,561 $101,240 $0 $0
2022 $1,468 $98,291 $0 $0
2021 $915 $95,428 $0 $0
2020 $1,352 $94,110 $14,275 $79,835
2019 $1,819 $80,980 $14,479 $66,501
2018 $1,076 $70,975 $11,420 $59,555
2017 $1,273 $63,014 $10,604 $52,410
2016 $659 $50,539 $0 $0
2015 $656 $50,188 $0 $0
2014 $634 $49,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hernando County Association of REALTORS®

MLS Number: 2197275

Hernando County Association of REALTORS®

APN: R32-323-17-5200-1263-0150