NOT LISTED FOR SALE

5642 E River Rd Hernando, FL 34442

Hernando Neighborhood

Estimated Value: $711,000

15 Acres
$47,400 Price per Acre
653,400 Sq Ft Lot

Last Sold January 17, 2024

Last sale price $135,000

Est. 427% increase in value since last sale

Current estimated payment $3,971/month

265 Days on Market

Highlights

  • 15 Acre Lot
  • Wooded Lot
  • No HOA

About This Lot

As of January 2024

Sale of buyers property fell through and we are back on the market. 15 acres with no restrictions! This land consists of 3 separate parcels with 3 separate addresses. 3.45 acres, 3.46 acres and 8.22 acres making up just over 15 total acres. If you are looking for privacy or maybe wanting to have 3 separate homes with land, this is ready to go. Centrally located on the Citrus / Marion county line making it an easy drive to Ocala. Feel free to drive by and take a look at the property.

Last Listed By

Robert Ash

ERA American Suncoast Realty License #3093962 Listed on: 03/22/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $292

Lot Details

  • 15 Acre Lot
  • Wooded Lot
  • Additional Parcels
  • Property is zoned CLRMH

Schools

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

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$292

Lot Details

0

Listing Details

  • Directions: Hwy 200 North to Right on E Stokes Ferry Rd (next to Red's Restaurant) Left on E River Rd. Land on Right.
  • Lot Size Acres: 15.0
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Surface Type: Paved, Unimproved
  • Subdivision Name: Not on List
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Agricultural, Single Family

Exterior Features

  • Lot Features: Acreage, Wooded
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Additional Parcels Description: 1706033, 1706041
  • Additional Parcels: Yes
  • Lot Size Sq Ft: 653400.0
  • Zoning: CLRMH
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 292.24
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Jan 17, 2024
Sold by
Boostani Hooshang
Bought by
Belcher Clifford L and Belcher Kristy L
Seller's Agent
Robert Ash
ERA American Suncoast Realty
Buyer's Agent
Mike Orlito
RE/MAX Realty One
List Price
$175,000
Sold Price
$135,000
Premium/Discount to List
-$40,000
-22.86%
Total Days on Market
265
Views
335
Current Estimated Value
$711,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$576,000
Avg. Annual Appreciation
-0.57%

Purchase Details

Closed on
Jul 11, 2005
Sold by
Parker Robert S and Parker Frances D
Bought by
B33stan2 Hooshang

Purchase Details

Closed on
Nov 1, 1976
Bought by
Boostani Hooshang

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
Belcher Clifford L $135,000 American Title Services
B33stan2 Hooshang $85,000 Citrus Land Title
Boostani Hooshang $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belcher Clifford L $596,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2024 01/17/24 Sold $135,000 -9.9% --
12/13/2023 12/13/23 Pending -- -- --
08/21/2023 08/21/23 Price Changed $149,900 -14.3% --
04/24/2023 04/24/23 For Sale $175,000 0.0% --
04/04/2023 04/04/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $175,000 -- --
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 $345 $124,870 $121,060 $3,810
2023 $345 $22,450 $22,450 $0
2022 $292 $17,610 $17,610 $0
2021 $315 $23,550 $23,550 $0
2020 $257 $15,070 $15,070 $0
2019 $258 $15,070 $15,070 $0
2018 $239 $13,420 $13,420 $0
2017 $284 $16,010 $16,010 $0
2016 $294 $16,010 $16,010 $0
2015 $324 $17,470 $17,470 $0
2014 $334 $17,425 $17,425 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Ash

    Seller's Agent in 2024

    Robert Ash

    ERA American Suncoast Realty

    (352) 228-9408

    4 in this area

    105 Total Sales

    Robert Ash
    Section Image
  • Mike Orlito

    Buyer's Agent in 2024

    Mike Orlito

    RE/MAX

    (352) 257-5375

    4 in this area

    200 Total Sales

    Mike Orlito
    Section Image
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Map

Source: REALTORS® Association of Citrus County

MLS Number: 822344

REALTORS® Association of Citrus County

APN: 20E-17S-30-0000-21300

Florida Citrus County Hernando 34442 Hernando

5642 E River Rd, Hernando, FL

Homes for Sale in Hernando, FL

This home is located at 5642 E River Rd, Hernando, FL 34442 since 22 March 2023 and is currently estimated at $711,000. 5642 E River Rd is a home located in Citrus County with nearby schools including Central Ridge Elementary School, Citrus Springs Middle School, and Citrus 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.