NOT LISTED FOR SALE

Estimated Value: $149,000 - $209,000

2 Beds
1 Bath
736 Sq Ft
$246/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $190,000 $258 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,041/month

55 Days on Market

Highlights

  • Boathouse
  • Covered Dock
  • No HOA
  • 50 Feet of Waterfront
  • Canal View
  • Central Heating and Cooling System

About This Home

As of February 2023

Come check out this cozy cottage on a spring fed canal on Lake Panasoffkee! Lake Panasoffkee is one of the best fishing lakes in Florida. This home would make a perfect weekend getaway, seasonal home, or long term home! Lake Panasoffkee has an outlet river connecting to the Withlacoochee river where many enjoy, fishing hunting, and air boating. There are several boat ramps in the area to launch your boat anywhere you like. This home features a large kitchen, perfect for entertaining guests. The back porch is spacious and relaxing and offers views directly out to the lake. This home sits on the only spring fed canal on Lake Panasoffkee. Majority of the year the canal water is crystal clear and you can see the fish and otters swimming around. The master bedroom and kitchen both have french doors opening out to the back porch. There is a carport to park your car under and plenty of room in the yard to park trailers. If the buyer wishes, this home will be sold turn key with the furniture.

Last Agent to Sell the Property

Taylor O'Quinn

THE KEYES COMPANY - SARASOTA License #3442721 Listed on: 10/20/2022

THE KEYES COMPANY  - SARASOTA

Last Buyer's Agent

Isabel Surtani

IMPACT REALTY TAMPA BAY License #3456849

IMPACT REALTY TAMPA BAY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $434

Year Built

  • Built in 1959

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • 50 Feet of Waterfront
  • Property fronts a freshwater canal
  • South Facing Home

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 736 Sq Ft Home
  • Ceiling Fan
  • Vinyl Flooring
  • Canal Views
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access To Chain Of Lakes
  • Access To Lake
  • Access to Freshwater Canal
  • Dock has access to water
  • Seawall
  • No Wake Zone
  • Boathouse
  • Covered Dock
  • Dock made with concrete
  • Dock made with wood
  • Open Dock
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Panasoffkee Retreats Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$434

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 736
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1959
  • Lot Size Sq Ft: 5000
  • Directions to Property: FROM I-75 WEST ON HWY 470 TURN RIGHT ON CR 485, SECOND LEFT ONTO 485A, PROPERTY IS ON THE LEFT.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4549974?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4549974?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 258.15
  • Close to Original List Price Ratio: 0.90476
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 702
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Lake Panasoffkee
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Canal - Freshwater, Lake, Lake - Chain of Lakes
  • Water Extras: Boathouse, Dock - Concrete, Dock - Covered, Dock - Open, Dock - Wood, Dock w/Electric, Dock w/Water Supply, No Wake Zone, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 50
  • Water Frontage Feet Canal Fresh: 50

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Lot Info

  • Zoning: SFR
  • Parcel Number: J09A066
  • Additional Parcels: No
  • Lot Dimensions: 50x100
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 433.93
  • Tax Block: 1
  • Tax Book Number: 3-10
  • Tax Lot: 66

Multi Family

  • Waterfront Features: Canal - Freshwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Feb 23, 2023
Sold by
Taylor
Bought by
Guerrero Andres F and Guerrero Cheryl L
Seller's Agent
Taylor O'Quinn
THE KEYES COMPANY - SARASOTA
Buyer's Agent
Isabel Surtani
IMPACT REALTY TAMPA BAY
List Price
$210,000
Sold Price
$190,000
Premium/Discount to List
-$20,000
-9.52%
Views
46
Current Estimated Value
$180,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,068
Avg. Annual Appreciation
-1.93%
Original Mortgage
$133,000
Outstanding Balance
$128,989
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$51,943

Purchase Details

Listed on
Feb 12, 2021
Closed on
Jul 9, 2021
Sold by
Boone Barbara Lucille and Boone Ronald Alonzo
Bought by
Oquinn Taylor E
Seller's Agent
Betsy Morris
FLORIDA REALTY INVESTMENTS
Buyer's Agent
Taylor O'Quinn
THE KEYES COMPANY - SARASOTA
List Price
$179,000
Sold Price
$160,000
Premium/Discount to List
-$19,000
-10.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%
Original Mortgage
$155,200
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Guerrero Andres F $190,000 Barnes Walker Title Inc
Oquinn Taylor E $160,000 Americas Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerrero Andres F $133,000
Previous Owner Oquinn Taylor E $155,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $190,000 0.0% $258 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
11/28/2022 11/28/22 Price Changed $190,000 -4.5% $258 / Sq Ft
11/09/2022 11/09/22 Price Changed $199,000 -5.2% $270 / Sq Ft
10/20/2022 10/20/22 For Sale $210,000 +31.3% $285 / Sq Ft
07/09/2021 07/09/21 Sold $160,000 -8.0% $217 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
03/10/2021 03/10/21 Price Changed $174,000 -2.8% $236 / Sq Ft
02/10/2021 02/10/21 For Sale $179,000 -- $243 / 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 $659 $53,690 $6,250 $47,440
2023 $659 $51,410 $6,250 $45,160
2022 $647 $50,330 $4,870 $45,460
2021 $434 $28,260 $4,870 $23,390
2020 $426 $27,220 $4,870 $22,350
2019 $408 $25,080 $4,870 $20,210
2018 $356 $22,400 $4,870 $17,530
2017 $326 $17,560 $4,870 $12,690
2016 $325 $17,210 $0 $0
2015 $328 $17,110 $0 $0
2014 $334 $17,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4549974

Stellar MLS

APN: J09A066