NOT LISTED FOR SALE

5642 E River Rd Hernando, FL 34442

Estimated Value: $662,000

15 Acres
$44,133 Price per Acre
653,400 Sq Ft Lot

Sale Details

Date Sold: January 17, 2024

Last sale price $135,000

Est. 390% increase in value since last sale

Current estimated payment $3,715 / mo

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 Agent to Sell the Property

Robert Ash

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

Last Buyer's Agent

Mike Orlito

RE/MAX Realty One License #3201786

RE/MAX Realty One

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

15 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Jan 17, 2024
Sold by
Bought by
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%
Views
335
Current Estimated Value
$662,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$527,000
Avg. Annual Appreciation
91.87%

Purchase Details

Closed on
Jul 11, 2005
Sold by
Bought by

Purchase Details

Closed on
Nov 1, 1976
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$135,000 American Title Services
$85,000 Citrus Land Title
$7,500 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,752 $185,440 $181,580 $3,860
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

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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

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