$107,000
PENDING $46K PRICE DROP

888 County Road 482a Lake Panasoffkee, FL 33538

Estimated payment $630/month

Total Views 14,378
2 Beds
1 Bath
672 Sq Ft
$159 Price per Sq Ft

Highlights

  • Docks
  • Waterfront
  • No HOA
  • Lake Panasoffkee Elementary School Rated 9+
  • Lake Privileges
  • Cooling System Mounted To A Wall/Window

About This Home

Come take a look at this Lake Panasoffkee bungalow with a newer 2020 metal roof! The perfect location for nature lovers with its abundance of wildlife makes it easy to feel at home here. Lots of improvements here to include the new French doors, new windows, new flooring with trim, new insta-hot water heater, new mini split, new farmers sink and fixture in the kitchen along with the tile backsplash and propane cooktop. The bathroom also has a new toilet, vanity and walk in shower beautifully tiled with a frameless glass enclosure and includes something you don't see enough, an in the wall beer fridge. Inside laundry where the washer and dryer is staying. Outside there is a new well tank, a shed with power, new landscaping with cherry, starfruit, peach, plum, loquat and banana trees easily maintained by the irrigation system. If that's not enough for you how about your own designated boat launch just down the street? For those who enjoy fishing, Lake Panasoffkee offers ample opportunity for anglers with bass, bluegill, speckled perch and catfish! Not only do you have water access and dock space, you'll also have access to the beautiful community park. Not to mention a 1983 Air Stream partially renovated just waiting for your personal touch to make it an income producing Air bnb. There are plenty of other activities close by too such as golf courses, parks and trails for biking or hiking. Shopping is also convenient with larger towns like Ocala nearby if needed. Get away from it all here in your own oasis only one hour away from Tampa and Orlando. Not in a flood zone.

Listing Agent

Matthew Covey

The Holloway Group License #3602540 Listed on: 01/22/2025

Co-Listing Agent

John Holloway

The Holloway Group License #3051065

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $782

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot
  • Waterfront
  • Property fronts a county road
  • Level Lot
  • Property is zoned R1MH

Parking

  • Driveway

Home Design

  • Raised Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • Docks
  • Lake Privileges
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$782

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Architectural Style: One Story
  • Carport Y N: No
  • Co List Office Mls Id: 10480
  • Co List Office Phone: (352) 341-6210
  • Directions: CR 470 to CR 482A
  • Water Frontage Type: Waterfront
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 0.17
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Building Stories: 1
  • Subdivision Name: Not on List
  • Year Built: 1960
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave, Refrigerator, Range Hood, Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Luxury Vinyl Plank
  • Living Area: 672.0

Exterior Features

  • Construction Type: Frame, Wood Siding
  • Exterior Features: Concrete Driveway
  • Foundation Details: Raised
  • Lot Features: Flat
  • Other Structures: Shed(s)
  • Pool Features: None
  • Roof: Metal
  • Waterfront Features: Boat Dock/Slip, Lake Privileges, Water Access
  • Waterfront: No

Garage/Parking

  • Parking Features: Concrete, Driveway

Utilities

  • Cooling: Ductless, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R1MH

Tax Info

  • Tax Annual Amount: 782.36
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $413 $43,680 $6,760 $36,920
2023 $413 $55,660 $6,760 $48,900
2022 $812 $66,160 $6,640 $59,520
2021 $393 $48,310 $0 $0
2020 $397 $47,650 $0 $0
2019 $392 $46,580 $0 $0
2018 $355 $45,720 $6,640 $39,080
2017 $399 $23,820 $6,640 $17,180
2016 $403 $23,820 $0 $0
2015 $408 $23,820 $0 $0
2014 $417 $23,820 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Pending -- -- --
07/26/2025 07/26/25 For Sale $107,000 0.0% $159 / Sq Ft
07/25/2025 07/25/25 Off Market $107,000 -- --
07/17/2025 07/17/25 Price Changed $107,000 -7.8% $159 / Sq Ft
06/28/2025 06/28/25 Price Changed $116,000 -16.5% $173 / Sq Ft
06/05/2025 06/05/25 Price Changed $139,000 +19.8% $207 / Sq Ft
05/28/2025 05/28/25 Price Changed $116,000 -5.7% $173 / Sq Ft
04/30/2025 04/30/25 For Sale $123,000 0.0% $183 / Sq Ft
04/21/2025 04/21/25 Pending -- -- --
04/12/2025 04/12/25 Price Changed $123,000 -4.7% $183 / Sq Ft
03/17/2025 03/17/25 Price Changed $129,000 -13.4% $192 / Sq Ft
02/07/2025 02/07/25 Price Changed $149,000 -2.6% $222 / Sq Ft
01/22/2025 01/22/25 For Sale $153,000 -- $228 / Sq Ft
Source: REALTORS® Association of Citrus County

Purchase History

Date Type Sale Price Title Company
Warranty Deed $116,000 First National Title & Escrow
Interfamily Deed Transfer -- None Available
Land Contract $30,000 None Available
Deed $30,000 --
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $30,000 Land Contract Argmt. Of Sale
Source: Public Records

Source: REALTORS® Association of Citrus County

MLS Number: 840920

REALTORS® Association of Citrus County

APN: J04A051