NOT LISTED FOR SALE

Estimated Value: $377,574

40 Acres
$9,432 Price per Acre
1,743,707 Sq Ft Lot

Last Sold September 08, 2022

Last sale price $315,000

Est. 20% increase in value since last sale

Current estimated payment $2,382/month

67 Days on Market

Highlights

  • 40.03 Acre Lot
  • No HOA
  • Rectangular Lot
  • Wooded Lot

About This Lot

As of September 2022

Don’t miss these 40+ pristine wooded acres in the Forest Lake Community. Located just 10 miles south of the City of Ocala, with easy drive access to Walmart and the regional shopping districts, and just 9.1 miles from your nearest Publix Super Market. Currently zoned LDRMH which allows for single family homes and mobile homes up to 2 dwelling units per acre; with a maximum lot coverage of 35%. This gives a potential of 28 units to be developed under current land use and up to 84 units with a Planned Unit Development application subject to approval by Citrus County. Under the Citrus County Land Development Code zoning district of LDR other conditional uses include single family attached housing, duplex, house of worship, assisted living facilities, and nursing homes. This plot of land is just 3.2 miles from the Withlacochee State Trail; a 46-mile long paved, multi-use, non motorized rail trail connecting Citrus County to Hernando and Pasco County. Also, only 12.4 miles south of the Rainbow River and fresh water springs and only 16.8 miles from Potts Preserve 8,500 acres of land open to the public with a campground for outdoor enthusiasts offering a wide variety of activities. Citrus County is home to refreshing fresh spring waterways, colorful landscapes, and enchanting marine animals named the gem of the Nature Coast. Don’t miss out on your opportunity to own this large plat in one of the friendliest and peaceful communities in the Sunshine State!

Last Listed By

Luke Whitehurst

Century 21 J.W.Morton R.E. License #3273034 Listed on: 06/02/2022

Century 21 J.W.Morton R.E.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $137

Lot Details

  • 40.03 Acre Lot
  • Rectangular Lot
  • Wooded Lot
  • Property is zoned LDRMH

Schools

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

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association
  • Forest Lake Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$137

Lot Details

0

Listing Details

  • Co List Office Mls Id: 0470
  • Co List Office Phone: (352) 726-6668
  • Directions: Take Independence Hwy and FL-200 to N Dawson Dr in Hernando, Turn left onto Co Rd 491, Turn left onto N Tram Rd.
  • Lot Size Acres: 40.03
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Forest Lake
  • Special Features: None

Interior Features

  • Possible Use: Agricultural

Exterior Features

  • Lot Features: Acreage, Rectangular, Wooded
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 1743904.0
  • Zoning: LDRMH
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 137.04
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2024
Sold by
Kelley Kristine M
Bought by
Hopper Richard and Hopper Lisa Ann
Total Days on Market
67
Current Estimated Value
$377,574

Purchase Details

Listed on
Jun 2, 2022
Closed on
Sep 7, 2022
Sold by
Tuthill Betty J
Bought by
Tuthill Allen F
Seller's Agent
Luke Whitehurst
Century 21 J.W.Morton R.E.
Buyer's Agent
Judy McCoy
Century 21 J.W.Morton R.E.
List Price
$399,900
Sold Price
$315,000
Premium/Discount to List
-$84,900
-21.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%

Purchase Details

Closed on
Jan 1, 1953
Bought by
Tuthill A F A and Tuthill Betty J

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
Hopper Richard $390,000 Precision Title
Tuthill Allen F $315,000 Express Title Services
Tuthill A F A $3,800 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2022 09/08/22 Sold $315,000 -21.2% --
08/09/2022 08/09/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $399,900 -- --
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 $3,464 $231,050 $231,050 --
2023 $3,464 $231,050 $231,050 $0
2022 $139 $9,607 $0 $0
2021 $137 $9,607 $9,607 $0
2020 $140 $9,607 $9,607 $0
2019 $142 $9,607 $9,607 $0
2018 $145 $9,607 $9,607 $0
2017 $148 $9,607 $9,607 $0
2016 $118 $7,205 $7,205 $0
2015 $121 $7,205 $7,205 $0
2014 $125 $7,205 $7,205 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 813504

REALTORS® Association of Citrus County

APN: 19E-18S-02-0000-34000