$44,000
SOLD FEB 24, 2025

863 E Cermak St Hernando, FL 34442

1.42 Acres
$30,986 Price per Acre
61,855 Sq Ft Lot

Recently Sold

8% Below List Price

66 Days on Market

Highlights

  • 1.42 Acre Lot
  • No HOA
  • Landscaped with Trees

About This Lot

As of February 2025

Come see this beautiful 1.42 acre homesite that backs to rolling pastureland. You can build your dream home, or, you can place a nice mobile home here, no restrictions! You will find a mix of homes and mobiles in this wonderful, quiet community. Forest Lake offers a great central location in Citrus County. Convenient to Inverness, Dunnellon, Crystal River and not far from Ocala, but yet away from the hustle and bustle of it all. Enjoy country living with the convenience of paved roads and just minutes to dining and shopping.

Last Agent to Sell the Property

Angela Jones

Tropic Shores Realty License #669786 Listed on: 11/19/2024

Tropic Shores Realty

Last Buyer's Agent

Lynn Harris

ERA American Suncoast Realty License #3435328

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $383

Lot Details

  • 1.42 Acre Lot
  • Property fronts a county road
  • Landscaped with Trees
  • Property is zoned LDR

Schools

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

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association
  • Forest Lake North Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$383

Lot Details

0

Listing Details

  • Directions: From Hwy 44 to 486, L onto 41, L onto Overdrive Cir, L onto Backdoor Terr, R onto Irving Park Ave, R onto Cermak, lot on R, look for sign.
  • Lot Size Acres: 1.42
  • 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: Forest Lake North
  • Special Features: None

Interior Features

  • Possible Use: Mobile Home, Single Family

Exterior Features

  • Lot Features: Acreage, Trees
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

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: 61968.0
  • Zoning: LDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 382.63
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2024
Closed on
Feb 24, 2025
Sold by
Hammond David and Hammond Carol
Bought by
Wolfson Kristin Marie Reeder
Seller's Agent
Angela Jones
Tropic Shores Realty
Buyer's Agent
Lynn Harris
ERA American Suncoast Realty
List Price
$48,000
Sold Price
$44,000
Premium/Discount to List
-$4,000
-8.33%
Views
38
Current Estimated Value
$43,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$333
Avg. Annual Appreciation
-0.92%
Original Mortgage
$261,656
Outstanding Balance
$259,653
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
-$215,986

Purchase Details

Closed on
Dec 13, 2007
Sold by
Fugate Matthew W
Bought by
Fugate Connie J

Purchase Details

Closed on
Dec 1, 1998
Bought by
Fugate Connie J

Purchase Details

Closed on
Oct 1, 1997
Bought by
Fugate Connie J

Purchase Details

Closed on
Jun 1, 1984
Bought by
Fugate Connie J
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 Type Sale Price Title Company
Warranty Deed $44,000 Stewart Title Company
Quit Claim Deed $500 None Available
Deed $5,900 --
Deed $100 --
Deed $4,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $261,656 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2025 02/24/25 Sold $44,000 -8.3% --
01/24/2025 01/24/25 Pending -- -- --
11/19/2024 11/19/24 For Sale $48,000 -- --
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 $466 $30,790 $30,790 --
2024 $383 $37,060 $37,060 --
2023 $383 $25,280 $25,280 $0
2022 $207 $18,810 $18,810 $0
2021 $181 $15,770 $15,770 $0
2020 $139 $9,400 $9,400 $0
2019 $129 $8,690 $8,690 $0
2018 $124 $8,700 $8,700 $0
2017 $110 $6,920 $6,920 $0
2016 $121 $7,380 $7,380 $0
2015 $125 $7,420 $7,420 $0
2014 $129 $7,395 $7,395 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 839182

REALTORS® Association of Citrus County

APN: 19E-18S-15-0020-00000-3150