NOT LISTED FOR SALE

Estimated Value: $147,000 - $188,000

2 Beds
1 Bath
948 Sq Ft
$169/Sq Ft Est. Value

Last Sold January 10, 2018

Last sale price $70,000 $74 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $912/month

288 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Porch
  • Lake Panasoffkee Elementary School Rated 9+
  • No HOA
  • Screened Patio

About This Home

As of January 2018

Room for Your Garden!!! 2BD/1BA Home sitting on 1/2 acre fenced lot. The dining room was a 3rd bedroom and could be converted back to a 3 bedroom. Nice side porch, large storage shed, inside utility, and a fish pond in the front yard. This home has already raised a family, how about yours? Come take a look!!

Last Agent to Sell the Property

Grace Gage

LAKE PANASOFFKEE REALTY, INC. Brokerage Phone: 352-568-0568 License #3041585 Listed on: 03/07/2017

Last Buyer's Agent

Grace Gage

LAKE PANASOFFKEE REALTY, INC. Brokerage Phone: 352-568-0568 License #3041585 Listed on: 03/07/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $822

Year Built

  • Built in 1980

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 140x160
  • Unincorporated Location
  • Fenced
  • Corner Lot
  • Oversized Lot
  • Property is zoned R35

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Siding

Interior Spaces

  • 948 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Laundry in unit

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Screened Patio
  • Shed
  • Porch

Schools

  • Lake Panasoffkee Elementary School
  • South Sumter Middle School
  • South Sumter High School

Utilities

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

Community Details

  • No Home Owners Association
  • Shady Acres Add 01 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$822

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Siding, Wood Frame
  • Fireplace: No
  • Living Area: 948
  • Lot Size Acres: 0.51
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1228
  • Lot Size Sq Ft: 22216
  • Directions to Property: From I-75 and Hwy 470 go NW toward Lake Panasoffkee to left on CR 481 to left on CR 481W to property on the left
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • List Office Head Office Key Nume: 1039596
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 73.84
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • Attribution Contact: 352-568-0568
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 879
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 88.07
  • Room Count: 6

Exterior Features

  • Other Structures: Shed(s)
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Disclosures: Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2013-09-27
  • Flood Zone Panel: 12119C0119D

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: None

Schools

  • Elementary School: Lake Panasoffkee Elementary
  • High School: South Sumter High
  • Middle Or Junior School: South Sumter Middle

Lot Info

  • Zoning: R35
  • Parcel Number: J08B027
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: Corner Lot, In County, Oversized Lot, Paved, Unincorporated
  • Lot Dimensions: 140x160
  • Flood Zone Code: X
  • Homestead YN: 0

Rental Info

  • Furnished: Unfurnished
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 822
  • Tax Block: B
  • Tax Book Number: 4-45
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2022
Sold by
Nelson Charles T
Bought by
Mercado Ralph Marion and Franklin Tiffany Joyce
Current Estimated Value
$160,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,081
Outstanding Balance
$125,756
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$32,395

Purchase Details

Listed on
Mar 7, 2017
Closed on
Jan 10, 2018
Sold by
Purvis Glenn and Purvis Barbara
Bought by
Nelson Charles T
Seller's Agent
Grace Gage
LAKE PANASOFFKEE REALTY, INC.
Buyer's Agent
Grace Gage
LAKE PANASOFFKEE REALTY, INC.
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%

Purchase Details

Closed on
Sep 4, 2014
Sold by
Dell Sherrie M O
Bought by
Purvis Glenn and Purvis Barbara
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
Mercado Ralph Marion $133,500 Frontier Title Group
Nelson Charles T $70,000 New Frontier Title Llc
Purvis Glenn -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercado Ralph Marion $131,081
Previous Owner Purvis Glenn $43,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2018 04/10/18 Off Market $70,000 -- --
01/10/2018 01/10/18 Sold $70,000 -10.3% $74 / Sq Ft
12/21/2017 12/21/17 Pending -- -- --
09/29/2017 09/29/17 Price Changed $78,000 -2.4% $82 / Sq Ft
03/07/2017 03/07/17 For Sale $79,900 -- $84 / 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 $531 $79,430 -- --
2023 $531 $77,120 $11,200 $65,920
2022 $985 $82,760 $11,160 $71,600
2021 $1,213 $94,910 $11,160 $83,750
2020 $1,152 $85,280 $11,160 $74,120
2019 $1,172 $84,500 $11,160 $73,340
2018 $788 $59,570 $11,160 $48,410
2017 $811 $59,570 $11,160 $48,410
2016 $821 $59,570 $0 $0
2015 $834 $59,580 $0 $0
2014 $363 $44,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G4839439

Stellar MLS

APN: J08B027