NOT LISTED FOR SALE

5686 N Tramway Point Hernando, FL 34442

Estimated Value: $265,000 - $479,380

2 Beds
2 Baths
1,488 Sq Ft
$240/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $265,000 $178 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,232/month

40 Days on Market

Highlights

  • Barn
  • Wooded Lot
  • Ceramic Tile Flooring
  • 32.65 Acre Lot
  • No HOA
  • Central Heating and Cooling System

About This Home

As of August 2021

Investor's Special! This two bedroom two bath home sits on well over thirty acres. This property offers so much potential. After a little TLC, this residential property could become your dream home. This property offers the perfect mix of open space and woods. This property possesses a barn with loft located on the property, partial fencing, and entrance from both Tramway Point and Oakton Street. Enjoy all the privacy this home has to offer while still having the convenience of being close to Ocala, Beverly Hills, and Inverness. Call today for a private showing.

Last Agent to Sell the Property

Luke Whitehurst

Century 21 J.W.Morton R.E. License #3273034 Listed on: 05/25/2021

Century 21 J.W.Morton R.E.

Last Buyer's Agent

Luke Whitehurst

Century 21 J.W.Morton R.E. License #3273034 Listed on: 05/25/2021

Century 21 J.W.Morton R.E.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,353

Year Built

  • Built in 1983

Lot Details

  • 32.65 Acre Lot
  • Wooded Lot
  • Landscaped with Trees
  • Property is zoned LDRMH

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,488 Sq Ft Home
  • 1-Story Property
  • Electric Cooktop

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking

Schools

  • Hernando Elementary School
  • Inverness Middle School
  • Citrus High School

Farming

  • Barn

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,353

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Architectural Style: One Story
  • Carport Y N: No
  • Directions: Take Independence Hwy and FL-200 to N Dawson Dr in Hernando, Follow N Dawson Dr to Co Rd 491, Turn left onto Co Rd 491, Turn left onto N Tram Rd, Destination will be on the left.
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 32.65
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved, Unimproved
  • Building Stories: 1
  • Subdivision Name: Not on List
  • Year Built: 1983
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Cooktop, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1488.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Paved Driveway
  • Foundation Details: Block
  • Lot Features: Acreage, Trees, Wooded
  • Other Structures: Barn(s)
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway, Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hernando Elementary
  • High School: Citrus High
  • Middle Or Junior School: Inverness Middle

Lot Info

  • Zoning: LDRMH
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3352.82
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Aug 2, 2021
Sold by
Karim Mahomed Asif
Bought by
Roth Mark
Seller's Agent
Luke Whitehurst
Century 21 J.W.Morton R.E.
Buyer's Agent
Luke Whitehurst
Century 21 J.W.Morton R.E.
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Current Estimated Value
$357,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,345
Avg. Annual Appreciation
7.31%
Original Mortgage
$212,000
Outstanding Balance
$192,860
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$164,485

Purchase Details

Closed on
Jul 17, 2009
Sold by
Bruscia Pamela L and Bruscia Ronald
Bought by
Karim Mahomed Asif

Purchase Details

Closed on
Jan 1, 1997
Bought by
Karim Mahomed Asif

Purchase Details

Closed on
Feb 1, 1990
Bought by
Karim Mahomed Asif

Purchase Details

Closed on
Mar 1, 1985
Bought by
Karim Mahomed Asif
Source: Public Records

Range of Values:

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Average Value
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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
Roth Mark $265,000 First International Ttl Inc
Karim Mahomed Asif $344,600 American Title Services Of C
Karim Mahomed Asif $80,300 --
Karim Mahomed Asif $100 --
Karim Mahomed Asif $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roth Mark $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2021 08/03/21 Sold $265,000 -3.6% $178 / Sq Ft
07/04/2021 07/04/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $275,000 -- $185 / Sq Ft
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 $4,340 $335,121 $131,540 $203,581
2023 $4,340 $278,832 $131,540 $147,292
2022 $4,144 $275,864 $131,540 $144,324
2021 $3,593 $240,351 $131,540 $108,811
2020 $3,353 $227,398 $131,540 $95,858
2019 $3,064 $200,804 $116,880 $83,924
2018 $2,979 $192,272 $116,880 $75,392
2017 $2,842 $179,128 $116,880 $62,248
2016 $2,868 $173,944 $116,880 $57,064
2015 $2,859 $170,707 $116,880 $53,827
2014 $2,678 $152,930 $103,489 $49,441
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 801771

REALTORS® Association of Citrus County

APN: 19E-18S-10-0000-11000