NOT LISTED FOR SALE

Estimated Value: $194,000 - $265,000

2 Beds
2 Baths
1,152 Sq Ft
$200/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $120,000 $104 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,300/month

235 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Dock made with concrete
  • Separate Formal Living Room
  • Lake Panasoffkee Elementary School Rated 9+
  • Canal View
  • No HOA

About This Home

As of September 2019

REDUCED FOR QUICK SALE! GRAB A THERMOS OF COFFEE, a box of worms or a box of crickets. Walk out your back door down to your 06X23 concrete dock where the boat is tied up and ready to go fishing! Or just fish from your dock and clean your catch in your fish cleaning room when you are done. There is also a 08x15 wood dock that you can store a small boat under. Just a short distance down canal and you are on Lake Panasoffkee, one of Florida's premier fishing lakes for bluegill, shell crackers and large mouth bass. If you've ever considered this way of living then this is the home for you. Your only problem will be the number of guests who you just found out, are your best friends and love to fish! This great property is perfect for the avid angler or if you just enjoy living on the water. And at the end of the day you can enjoy relaxing on your back screened in porch or the attached patio area. The home has two bedrooms and two baths and an inside laundry room with plenty of storage shelves The master bedroom has a walk in closet and the master bathroom has a shower no tub. The Kitchen has plenty of cabinets, a walk in pantry and an eating area. Back yard is completely chain link fenced in. There is a storage building in back for your tools and lawn mowing equipment. There are two other storage areas that are attached to the home. You have to see this home and all that comes with it to appreciate it!!!

Last Agent to Sell the Property

Cynthia Tompkins

License #3171392 Listed on: 12/17/2018

Co-Listed By

Mary Ann Merritt

License #3030889

Last Buyer's Agent

Mary Ann Merritt

License #3030889

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,081

Year Built

  • Built in 1971

Lot Details

  • 10,400 Sq Ft Lot
  • Lot Dimensions are 80x130
  • 80 Feet of Waterfront
  • Property fronts a freshwater canal
  • South Facing Home
  • Level Lot
  • Well Sprinkler System
  • Landscaped with Trees

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 1,152 Sq Ft Home
  • Ceiling Fan
  • Drapes & Rods
  • Separate Formal Living Room
  • Inside Utility
  • Carpet
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 2 Carport Spaces
  • Driveway

Outdoor Features

  • Access To Lake
  • Access to Freshwater Canal
  • Dock has access to water
  • Dock made with concrete
  • Dock made with wood
  • Open Dock
  • Covered Patio or Porch
  • Shed

Location

  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lake Shore Park Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,081

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1152
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1971
  • Building Area Total: 1500
  • Lot Size Sq Ft: 10400
  • Directions to Property: From Lake Panasoffkee go east on CR 470 until you come to CR 467. Make a right on CR 467 and follow it down until you see my sign in the front yard. The home will be on your left hand side.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5009848&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G5009848&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.92308
  • Price per Sq Ft: 104.17
  • Close to Original List Price Ratio: 0.72727
  • Ratio: Current Price\Building Area Total: 80
  • View: No
  • Co List Office Mls Id: 260503096
  • Co List Office Phone: 352-569-0233
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen
  • Appliances Included: Dryer, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Window Features: Drapes
  • Street Number Modifier: 942
  • Room Count: 7
  • Additional Rooms: Formal Living Room Separate, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Shed(s)
  • Exterior Features: Irrigation System
  • Roof: Metal
  • Pool Private: No
  • Water Body Name: Lake Panasoffkee
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Canal - Freshwater, Lake
  • Water Extras: Dock - Concrete, Dock - Open, Dock - Wood, Dock w/Electric, Dock w/Water Supply
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12119C0138D
  • Waterfront Frontage: 80
  • Water Frontage Feet Canal Fresh: 80
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Driveway
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sprinkler Well
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Canal/Lake For Irrigation, Public, Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RES
  • Parcel Number: J04G023
  • Additional Parcels: No
  • Lot Features: City Lot, Level
  • Lot Dimensions: 80X130
  • Flood Zone Code: X
  • Flood Zone Date: 2013-09-27
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1081
  • Tax Block: 000/000
  • Tax Book Number: 3-49
  • Tax Lot: 23

Multi Family

  • Waterfront Features: Canal - Freshwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2018
Closed on
Sep 11, 2019
Sold by
Lovett Hicks Katherine H and Lovett Katherine H
Bought by
Pullen Charles L
Seller's Agent
Cynthia Tompkins
Buyer's Agent
Mary Ann Merritt
List Price
$165,000
Sold Price
$120,000
Premium/Discount to List
-$45,000
-27.27%
Current Estimated Value
$230,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,709
Avg. Annual Appreciation
11.24%
Original Mortgage
$116,400
Outstanding Balance
$101,851
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$125,981

Purchase Details

Closed on
May 16, 2008
Sold by
Jarrard Edith
Bought by
Lovett Jerry and Lovett Katherine H

Purchase Details

Closed on
Mar 20, 2000
Sold by
Trivigno Catherine L
Bought by
Jarrard Elwood W and Jarrard Edith
Source: Public Records

Range of Values:

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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
Pullen Charles L $120,000 Concierge Title Services Llc
Lovett Jerry $135,000 Attorney
Jarrard Elwood W $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pullen Charles L $116,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2019 09/12/19 Sold $120,000 -7.7% $104 / Sq Ft
08/04/2019 08/04/19 Pending -- -- --
07/24/2019 07/24/19 Price Changed $130,000 -12.2% $113 / Sq Ft
04/06/2019 04/06/19 Price Changed $148,000 -7.4% $128 / Sq Ft
02/01/2019 02/01/19 Price Changed $159,900 -3.1% $139 / Sq Ft
12/12/2018 12/12/18 For Sale $165,000 -- $143 / 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 $850 $111,090 -- --
2023 $850 $107,860 $12,710 $95,150
2022 $962 $119,590 $0 $0
2021 $1,555 $123,860 $8,570 $115,290
2020 $1,551 $118,400 $8,570 $109,830
2019 $1,391 $118,400 $8,570 $109,830
2018 $1,082 $90,610 $8,570 $82,040
2017 $978 $74,080 $8,570 $65,510
2016 $990 $74,010 $0 $0
2015 $976 $71,500 $0 $0
2014 $1,123 $81,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5009848

Stellar MLS

APN: J04G023