NOT LISTED FOR SALE

8512 N Merrimac Way Citrus Springs, FL 34434

Estimated Value: $236,000 - $278,000

0.23 Acre
$1,144,926 Price per Acre
9,944 Sq Ft Lot

Last Sold July 28, 2022

Last sale price $13,000

Est. 1,926% increase in value since last sale

Current estimated payment $1,416/month

42 Days on Market

About This Lot

As of July 2022

Check out this vacant residential lot in Citrus Springs! No HOA fees!! Public water accessible! This parcel is conveniently located near the Gulf of Mexico, Crystal River, the Suncoast Parkway, the WIthlacoochee Trail, LAke Rousseau, Rainbow River, and the Tsala Apopka Chain of Lakes.

Last Agent to Sell the Property

Louis 'Lou' Newman

Keller Williams Realty - Elite Partners II License #3411168 Listed on: 05/16/2022

Keller Williams Realty - Elite Partners II

Last Buyer's Agent

Ernestine Brinager

Tropic Shores Realty License #3284935

Tropic Shores Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $256

Lot Details

  • 9,944 Sq Ft Lot
  • Property fronts a county road
  • Rectangular Lot
  • Property is zoned PDR

Schools

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

Utilities

  • Septic Needed

Community Details

  • No Home Owners Association
  • Citrus Springs Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$256

Lot Details

0

Listing Details

  • Directions: From CR 491 (N. Lecanto Hwy.), turn onto N. Deltona Blvd., then turn right onto W. CItrus Springs Blvd., then turn left onto N. Merrimac Way. Property is on your left.
  • Lot Size Acres: 0.23
  • 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 Springs
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Rectangular
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 9944.0
  • Zoning: PDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 256.26
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2025
Sold by
Cs Phase Iii Llc
Bought by
Cs Phase V Llc
Current Estimated Value
$263,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Outstanding Balance
$199,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$64,333

Purchase Details

Closed on
Oct 30, 2023
Sold by
Deltapro Development Llc
Bought by
Cs Phase Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,631,250
Interest Rate
7.19%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 28, 2023
Sold by
Delta Cs Holding Llc
Bought by
Cs Phase Iii Llc

Purchase Details

Listed on
May 16, 2022
Closed on
Jul 20, 2022
Sold by
Lam Holtzhauer Lindy
Bought by
Deltapro7 Invest Llc
Seller's Agent
Louis 'Lou' Newman
Keller Williams Realty - Elite Partners II
Buyer's Agent
Ernestine Brinager
Tropic Shores Realty
List Price
$13,900
Sold Price
$13,000
Premium/Discount to List
-$900
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
158.32%

Purchase Details

Closed on
Aug 3, 2006
Sold by
Medina Osvaldo
Bought by
Lam Lindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,068
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2006
Sold by
Heyden Barry
Bought by
Medina Osvaldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,068
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2005
Sold by
Recklaw William and Arrowood Laura
Bought by
Heyden Barry

Purchase Details

Closed on
May 1, 2005
Bought by
Lam Lindy

Purchase Details

Closed on
Jul 1, 1979
Bought by
Lam Lindy
Source: Public Records

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
Cs Phase V Llc -- None Listed On Document
Cs Phase Iii Llc $100 Pilgrim Title
Cs Phase Iii Llc $100 Pilgrim Title
Cs Phase Iii Llc $375,000 None Listed On Document
Cs Phase Iii Llc $375,000 None Listed On Document
Deltapro7 Invest Llc $13,000 New Title Company Name
Lam Lindy $32,000 Vesta Title Corp
Medina Osvaldo $21,500 Vesta Title Corp
Heyden Barry $7,000 Florida Abstract & Security
Lam Lindy $100 --
Lam Lindy $1,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cs Phase V Llc $199,000
Previous Owner Cs Phase Iii Llc $4,631,250
Previous Owner Lam Lindy $27,068
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2022 07/28/22 Sold $13,000 -6.5% --
06/28/2022 06/28/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $13,900 -- --
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 $176 $8,800 $8,800 --
2023 $176 $8,000 $8,000 $0
2022 $114 $5,600 $5,600 $0
2021 $256 $2,740 $2,740 $0
2020 $259 $3,040 $3,040 $0
2019 $246 $2,720 $2,720 $0
2018 $221 $2,600 $2,600 $0
2017 $217 $2,110 $2,110 $0
2016 $219 $2,180 $2,180 $0
2015 $218 $2,180 $2,180 $0
2014 $215 $1,785 $1,785 $0
Source: Public Records

Agents Affiliated with this Home

  • Louis 'Lou' Newman

    Seller's Agent in 2022

    Louis 'Lou' Newman

    Keller Williams Realty - Elite Partners II

    (352) 870-4622

    42 in this area

    190 Total Sales

    Louis 'Lou' Newman
    Section Image
  • Ernestine Brinager

    Buyer's Agent in 2022

    Ernestine Brinager

    Tropic Shores Realty

    (606) 359-2325

    479 in this area

    897 Total Sales

    Ernestine Brinager
    Section Image
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Map

Source: REALTORS® Association of Citrus County

MLS Number: 813055

REALTORS® Association of Citrus County

APN: 18E-17S-10-0050-04700-0120

Florida Citrus County Citrus Springs 34434

8512 N Merrimac Way, Citrus Springs, FL

This home is located at 8512 N Merrimac Way, Citrus Springs, FL 34434 since 16 May 2022 and is currently estimated at $263,333. 8512 N Merrimac Way is a home located in Citrus County with nearby schools including Central Ridge Elementary School, Citrus Springs Middle School, and Lecanto High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTORS® Association of Citrus County IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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