NOT LISTED FOR SALE

731 E Connecticut Ln Hernando, FL 34442

Estimated Value: $31,000 - $533,000

1 Acre
$202,667 Price per Acre
43,560 Sq Ft Lot

Last Sold February 27, 2024

Last sale price $33,000

Est. 514% increase in value since last sale

Current estimated payment $1,098/month

9 Days on Market

About This Lot

As of February 2024

Beautiful Cleared 1 Acre Homesite located in the lovely Citrus Hills. This lot is ready for you to build your dream home on! Bring your builder or have Citrus Hills build your home and enjoy the luxurious Citrus Hills Social Membership. Ask your agent for more details. Near to shopping, restaurants, medical facilities, walking trails, kayaking and more! Come live the Florida Life in Citrus Hills Florida.

Last Agent to Sell the Property

Luci Suarez

Berkshire Hathaway Homeservice License #3161112 Listed on: 01/27/2024

Berkshire Hathaway Homeservice

Last Buyer's Agent

Joseph Faherty

RE/MAX Realty One License #3529802

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $262

Lot Details

  • 1 Acre Lot
  • Property fronts a county road
  • South Facing Home
  • Rectangular Lot
  • Level Lot
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned PDR

HOA Fees

  • $12 Monthly HOA Fees

Schools

  • Forest Ridge Elementary School
  • Citrus Springs Middle School
  • Lecanto High School

Utilities

  • Septic Needed

Community Details

  • Northridge Estates Association, Phone Number (352) 794-1900
  • Citrus Hills Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$262

Lot Details

0

HOA Fees

$12 per month

Listing Details

  • Directions: 486 to N on Annapolis to L on Connecticut to lot on R.
  • Lot Size Acres: 1.0
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Citrus Hills
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Direction Faces: South
  • Lot Features: Acreage, Cleared, Flat, Rectangular, Trees
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 138.0
  • Association Fee Frequency: Annually
  • Association Name: Northridge Estates
  • Phone: 352-794-1900
  • Association: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Forest Ridge Elementary
  • High School: Lecanto High
  • Middle Or Junior School: Citrus Springs Middle

Lot Info

  • Lot Size Sq Ft: 43745.0
  • Zoning: PDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 261.61
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2025
Sold by
Bruce Kaufman Inc
Bought by
Rathbun John Albert
Current Estimated Value
$202,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,650
Outstanding Balance
$342,994
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
-$140,327

Purchase Details

Listed on
Jan 27, 2024
Closed on
Feb 23, 2024
Sold by
Cruz Yolanda Francisca
Bought by
Bruce Kaufman Inc
Seller's Agent
Luci Suarez
Berkshire Hathaway Homeservice
Buyer's Agent
Joseph Faherty
RE/MAX Realty One
List Price
$33,000
Sold Price
$33,000
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
169.62%

Purchase Details

Closed on
Jun 1, 1999
Bought by
Francisca Yolanda Cruz and Espinoza N Blanca L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rathbun John Albert $528,700 Landcastle Title
Rathbun John Albert $528,700 Landcastle Title
Bruce Kaufman Inc $33,000 Landcastle Title
Francisca Yolanda Cruz $19,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rathbun John Albert $345,650
Closed Rathbun John Albert $345,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2024 02/27/24 Sold $33,000 0.0% --
02/06/2024 02/06/24 Pending -- -- --
01/27/2024 01/27/24 For Sale $33,000 -- --
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
2025 $291 $32,000 $32,000 --
2024 $268 $26,500 $26,500 --
2023 $268 $24,000 $24,000 $0
2022 $216 $18,000 $18,000 $0
2021 $176 $12,880 $12,880 $0
2020 $162 $11,400 $11,400 $0
2019 $147 $10,000 $10,000 $0
2018 $133 $8,660 $8,660 $0
2017 $172 $11,000 $11,000 $0
2016 $171 $10,500 $10,500 $0
2015 $164 $9,780 $9,780 $0
2014 $163 $9,435 $9,435 $0
Source: Public Records

Agents Affiliated with this Home

  • Luci Suarez

    Seller's Agent in 2024

    Luci Suarez

    Berkshire Hathaway Homeservice

    (352) 634-2252

    43 in this area

    80 Total Sales

    Luci Suarez
    Section Image

  • J

    Buyer's Agent in 2024

    Joseph Faherty

    RE/MAX

    (352) 422-2452

    3 in this area

    21 Total Sales

    Joseph Faherty
    Section Image
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Map

Source: REALTORS® Association of Citrus County

MLS Number: 830526

REALTORS® Association of Citrus County

APN: 19E-18S-18-0110-00060-0150

Florida Citrus County Hernando 34442

731 E Connecticut Ln, Hernando, FL

Not Listed for Sale

Lots

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