W
Seller's Agent in 2025
William Alvarez, Jr
LPT REALTY, LLC
(813) 865-0700
6 in this area
15 Total Sales
861 Cr 485a Lake Panasoffkee, FL 33538
Estimated Value: $145,000 - $162,175
2
Beds
1
Bath
615
Sq Ft
$252/Sq Ft
Est. Value
Highlights
- Dock made with wood
- Oak Trees
- Stone Countertops
- Lake Panasoffkee Elementary School Rated 9+
- View of Trees or Woods
- No HOA
About This Home
As of February 2025Lake Access!! This single-family 2-bedroom, 1-bathroom home with 615 sq ft is located approximately 1.5 miles off of I-75 and exit 321 in Lake Panasoffkee. This house is snuggled in the country away from the hustle and bustle of nearby cities located in a great natural setting. This house backs up to a canal to Lake Panasoffkee with the convenience of a small boat dock in the backyard where you can take your boat out for a peaceful cruise, go fishing and even take it over to Big Bass Grill for lunch, dinner and entertainment. The home is less than an hour away from Orlando Tourist Attractions and Gulf Cost Beaches. It's also located just 30 minutes away from Brownwood Paddock Square where you can find live nightly entertainment, stores and restaurants. The home has been renovated from top to bottom inside and out! This house features fresh exterior paint, a new roof, septic tank and drain field, HVAC system, appliances, cabinetry, quartz countertops, double pane low emissivity windows, water heater, flooring, light fixtures and fans, ceiling insulation, electrical outlets, dimmable light switches, bathroom fan with speaker, and four raised planter beds on the side of the house for growing fruits, vegetables, and herbs. This house is a must see!
Last Agent to Sell the Property
LPT REALTY, LLC Brokerage Phone: 877-366-2213 License #3199820 Listed on: 12/18/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $415
Year Built
- Built in 1959
Lot Details
- 7,500 Sq Ft Lot
- Lot Dimensions are 75x100
- West Facing Home
- Oak Trees
- Garden
- Property is zoned SINGLE FAM
Parking
- 1 Carport Space
Property Views
- Woods
- Canal
- Garden
Home Design
- Slab Foundation
- Frame Construction
- Shingle Roof
- Wood Siding
- Metal Siding
Interior Spaces
- 615 Sq Ft Home
- Ceiling Fan
- Double Pane Windows
- Living Room
Kitchen
- Eat-In Kitchen
- Convection Oven
- Range
- Microwave
- Dishwasher
- Stone Countertops
Flooring
- Ceramic Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Located Outside
- Electric Dryer Hookup
Outdoor Features
- Access to Freshwater Canal
- Dock made with wood
- Shed
- Private Mailbox
Schools
- Lake Panasoffkee Elementary School
- South Sumter Middle School
- Wildwood High School
Utilities
- Central Heating and Cooling System
- Thermostat
- Well
- Electric Water Heater
- Septic Tank
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Panasoffkee Retreats Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 93 / 1
- Assessor Parcel Number J09A093
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 18, 2024
Closed on
Feb 14, 2025
Sold by
Mallory Eddie W and Mallory Corinne A
Bought by
Black Robert and Black Louise
Seller's Agent
William Alvarez, Jr
LPT REALTY, LLC
Buyer's Agent
Alex Rosado
DALTON WADE INC
List Price
$175,000
Sold Price
$154,000
Premium/Discount to List
-$21,000
-12%
Views
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$725
Avg. Annual Appreciation
1.14%
Original Mortgage
$115,500
Outstanding Balance
$115,014
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$39,913
Purchase Details
Listed on
Sep 15, 2021
Closed on
Oct 7, 2021
Sold by
American Park Investment Group Llc
Bought by
Mallory Eddie W and Mallory Corinne A
Seller's Agent
Keith Gordon
GETMOREOFFERS
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$75,900
Sold Price
$55,000
Premium/Discount to List
-$20,900
-27.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.61%
Purchase Details
Closed on
Dec 11, 2015
Sold by
Hale Edna Betty and Jefferson Edna B
Bought by
American Pak Investment Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,425
Interest Rate
3.83%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 13, 2004
Sold by
Jefferson Edna B and Jefferson Carl F
Bought by
Jefferson Edna B
Purchase Details
Closed on
Jan 28, 2003
Sold by
Leming William R and Leming Ferris Fay
Bought by
Jeffreson Edna B and Jefferson Carl F
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Black Robert | $154,000 | Stewart Title | |
| Black Robert | $154,000 | Stewart Title | |
| Mallory Eddie W | $55,000 | New Frontier Title Llc | |
| American Pak Investment Group Llc | $49,900 | Attorney | |
| Jefferson Edna B | -- | -- | |
| Jeffreson Edna B | $20,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Black Robert | $115,500 | |
| Closed | Black Robert | $115,500 | |
| Previous Owner | American Pak Investment Group Llc | $37,425 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/20/2025 02/20/25 | Sold | $154,000 | -8.3% | $250 / Sq Ft |
| 01/27/2025 01/27/25 | Pending | -- | -- | -- |
| 01/16/2025 01/16/25 | Price Changed | $167,900 | -4.1% | $273 / Sq Ft |
| 12/18/2024 12/18/24 | For Sale | $175,000 | +218.2% | $285 / Sq Ft |
| 10/07/2021 10/07/21 | Sold | $55,000 | -27.5% | $104 / Sq Ft |
| 09/22/2021 09/22/21 | Pending | -- | -- | -- |
| 09/15/2021 09/15/21 | For Sale | $75,900 | -- | $144 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $175 | $30,730 | -- | -- |
| 2023 | $175 | $29,840 | $0 | $0 |
| 2022 | $394 | $26,000 | $7,310 | $18,690 |
| 2021 | $408 | $25,310 | $7,310 | $18,000 |
| 2020 | $402 | $24,520 | $7,310 | $17,210 |
| 2019 | $382 | $21,760 | $7,310 | $14,450 |
| 2018 | $336 | $19,910 | $7,310 | $12,600 |
| 2017 | $315 | $16,560 | $7,310 | $9,250 |
| 2016 | $313 | $16,120 | $0 | $0 |
| 2015 | $124 | $16,020 | $0 | $0 |
| 2014 | $124 | $16,020 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
William Alvarez, Jr
-
Jim Knetsch
Seller Co-Listing Agent in 2025
Jim Knetsch
LPT REALTY, LLC
(813) 629-0341
2 in this area
91 Total Sales
-
Alex Rosado
Buyer's Agent in 2025
Alex Rosado
DALTON WADE INC
(727) 560-0047
1 in this area
6 Total Sales
-
Keith Gordon
Seller's Agent in 2021
Keith Gordon
GETMOREOFFERS
(877) 232-9695
1 in this area
875 Total Sales
-
Stellar Non-Member Agent
S
Buyer's Agent in 2021
Stellar Non-Member Agent
FL_MFRMLS
Map
Source: Stellar MLS
MLS Number: TB8331188
APN: J09A093
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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