NOT LISTED FOR SALE

Estimated Value: $232,000 - $361,000

2 Beds
1 Bath
936 Sq Ft
$289/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $300,000 $321 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,440/month

61 Days on Market

Highlights

  • 5 Acre Lot
  • Florida Architecture
  • Ceramic Tile Flooring
  • Lake Panasoffkee Elementary School Rated 9+
  • No HOA
  • Central Heating and Cooling System

About This Home

As of August 2019

5 acres of beautiful land awaits you with this 2 bedroom cottage. This property is located in the Sumterville area that is growing leaps and bounds. You are minutes from the Florida Turnpike and only an hour away from Central Florida's attractions, like Disney! This home is perfect for someone looking for privacy and plenty of out door space. There is also potential to have it rezoned as a large planned community is going in across the street. Come see it before it's too late.

Last Agent to Sell the Property

Johnny Calhoun

ROYAL CREST REALTY License #706716 Listed on: 06/01/2019

Last Buyer's Agent

Johnny Calhoun

ROYAL CREST REALTY License #706716 Listed on: 06/01/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $934

Year Built

  • Built in 1987

Lot Details

  • 5 Acre Lot
  • South Facing Home
  • Property is zoned RUR

Home Design

  • 936 Sq Ft Home
  • Florida Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Kitchen

  • Range

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Indian Oaks Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$934

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 936
  • Lot Size Acres: 5
  • New Construction: No
  • Year Built: 1987
  • Lot Size Sq Ft: 217800
  • Directions to Property: From the Florida Turnpike, go west on CR 470, approximately 1 mile on right.
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5788455?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5788455?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 5 to less than 10
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.85714
  • Price per Sq Ft: 320.51
  • Close to Original List Price Ratio: 0.85714
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 5870
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12119C0144D
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RUR
  • Parcel Number: K09A002
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2013-09-27
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 7 Months
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 934
  • Tax Block: 0000
  • Tax Book Number: 4-53
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2019
Closed on
Aug 30, 2019
Sold by
Chidsey Gerald Charles
Bought by
Florida Free Will Baptist Mission Board
Seller's Agent
Johnny Calhoun
ROYAL CREST REALTY
Buyer's Agent
Johnny Calhoun
ROYAL CREST REALTY
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Current Estimated Value
$270,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,733
Avg. Annual Appreciation
-1.45%

Purchase Details

Listed on
Jul 6, 2015
Closed on
Sep 2, 2015
Sold by
U S Bank National Association
Bought by
Chidsey Gerald Charles
Seller's Agent
Donald "Donnie" Bass
Citrus Real Estate Services
Buyer's Agent
Out of Area Non Member
Various Associations in Florida
List Price
$83,200
Sold Price
$65,019
Premium/Discount to List
-$18,181
-21.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.99%

Purchase Details

Closed on
Jan 21, 2015
Sold by
Murphy Elizabeth
Bought by
U S Bank National Association

Purchase Details

Closed on
Dec 20, 2005
Sold by
Don Patrick and Murphy Beth
Bought by
Don Patrick and Murphy Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2003
Sold by
Jones Arthur T and Jones Regina H
Bought by
Don Patrick and Murphy Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.07%
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
Florida Free Will Baptist Mission Board $300,000 Fidelity Natl Ttl Of Fl Inc
Chidsey Gerald Charles $65,100 First Intl Title Lighthouse
U S Bank National Association -- Attorney
Don Patrick -- Accu Title Agency
Don Patrick $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Don Patrick $160,000
Previous Owner Don Patrick $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $300,000 -14.3% $321 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $350,000 +438.3% $374 / Sq Ft
09/10/2015 09/10/15 Sold $65,019 -21.9% $69 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
07/03/2015 07/03/15 For Sale $83,200 -- $89 / Sq Ft
Source: Stellar MLS

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 -- $89,410 $50,000 $39,410
2023 $0 $93,530 $0 $0
2022 $1,008 $85,030 $40,000 $45,030
2021 $1,726 $138,730 $40,000 $98,730
2020 $1,740 $134,070 $40,000 $94,070
2019 $1,033 $112,410 $0 $0
2018 $934 $110,320 $40,000 $70,320
2017 $1,180 $91,620 $35,420 $56,200
2016 $1,196 $91,620 $0 $0
2015 $1,190 $89,490 $0 $0
2014 $1,224 $89,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5788455

Stellar MLS

APN: K09A002