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Sold for $223,900
  • $223,900

    4045 County Road 402a, Lake Panasoffkee, FL 33538

    4beds
    2,405sqft
    SingleFamily
    Built in 1966
    0.53 Acres Lot
    $252,800 Zestimate®
    $93/sqft
    $2,690 Estimated rent

    Home value

    $252,800

    $225,000 - $283,000

    $2,690/mo

    Zestimate® history
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    $1,485/mo

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    What's special

    Best Value in West-Central Florida! Whether you are looking for a home for your family or an investment property, or even a combination, LOOK NO FURTHER! Not only is this property with site built home and cottage being offered at a ridiculously low low $145/sf, it has been delightfully renovated and modernized throughout! The property boasts over one-half acre of parklike land, with a canal bordering one side of the property and leading directly to Lake Panasoffkee with its amazing boating and fishing. There is also a riverfront park and boat ramp five minutes away! And for the icing on the cake, the property includes a main house of over 2,000 sf AND a charming detached cottage of nearly 400 sf, which has also been renovated with kitchenette, full bath, amazing windows allowing in copious amounts of natural light and even its own lanai overlooking the canal. The cottage offers many possible uses including in-law suite, home office, and separate rental unit (could rent for $800/mo). This property offers 4 bedrooms and 3 baths total. The property renovations included new a/c (including cottage), new garage door and front entryway, new paint throughout and exterior (including the cottage), new appliances, new tile baths, lots of new luxury vinyl plank flooring, new fixtures, and many more amenities too numerous to name. MUST SEE! Showings begin about February 1, so get on the list now. The property is 10 minutes from I-75, and an hour to Tampa. It is 20 minutes to both The Villages area and Inverness. Why live in the city when you can live in Quiet Country and quickly and easily get to shops, restaurants, and services. . We are proud to offer this outstanding property at an outstanding price. Property values have jumped almost 40% in the past year as this area becomes more and more discovered and appreciated. Don’t miss out on this unique opportunity. Expressions of interest welcome!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Heat pump, Wall, Electric
    Cooling
    • Central, Wall
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Tile, Laminate, Linoleum / Vinyl
    • Basement: None
    Interior area
    • Total interior livable area: 2,405 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Attached, Off-street
    Features
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.53 Acres
    Details
    • Parcel number: F19A016

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Metal
    Condition
    • Year built: 1966

    Community & HOA

    Location
    • Region: Lake Panasoffkee

    Financial & listing details

    • Price per square foot: $93/sqft
    • Tax assessed value: $82,590
    • Annual tax amount: $1,251

    Price history

    DateEventPrice
    3/5/2025Listing removed$225,000$94/sqft
    Source: SWFLMLS #224027763 Report a problem
    9/25/2024Listed for sale$225,000$94/sqft
    Source: Stellar MLS #U8233873 Report a problem
    9/12/2024Pending sale$225,000$94/sqft
    Source: SWFLMLS #224027763 Report a problem
    7/24/2024Listed for sale$225,000$94/sqft
    Source: Stellar MLS #U8233873 Report a problem
    7/22/2024Pending sale$225,000$94/sqft
    Source: Stellar MLS #U8233873 Report a problem
    6/10/2024Price change$225,000-8.2%$94/sqft
    Source: Stellar MLS #U8233873 Report a problem
    3/28/2024Price change$245,000-3.2%$102/sqft
    Source: Stellar MLS #U8233873 Report a problem
    3/8/2024Listed for sale$253,000+13%$105/sqft
    Source: Stellar MLS #U8233873 Report a problem
    8/16/2023Sold$223,900$93/sqft
    Source: Public Record Report a problem
    4/24/2023Pending sale$223,900$93/sqft
    Source: Stellar MLS #T3432066 Report a problem
    4/16/2023Price change$223,900-6.7%$93/sqft
    Source: Stellar MLS #T3432066 Report a problem
    4/10/2023Price change$239,900+4.8%$100/sqft
    Source: Stellar MLS #T3432066 Report a problem
    3/30/2023Pending sale$229,000$95/sqft
    Source: Stellar MLS #T3432066 Report a problem
    3/27/2023Price change$229,000-4.2%$95/sqft
    Source: Stellar MLS #T3432066 Report a problem
    3/24/2023Listed for sale$239,000$99/sqft
    Source: Stellar MLS #T3432066 Report a problem
    3/14/2023Pending sale$239,000$99/sqft
    Source: Stellar MLS #T3432066 Report a problem
    3/5/2023Listed for sale$239,000-31.7%$99/sqft
    Source: Stellar MLS #T3432066 Report a problem
    1/2/2023Listing removed--
    Source: Owner Report a problem
    12/22/2022Listed for sale$350,000-16.5%$146/sqft
    Source: Owner Report a problem
    7/14/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    7/11/2022Price change$1,775-10.1%$1/sqft
    Source: Zillow Rental Manager Report a problem
    7/2/2022Listed for rent$1,975+9.7%$1/sqft
    Source: Zillow Rental Manager Report a problem
    7/1/2022Listing removed--
    Source: Realtors Association of Citrus County #814021 Report a problem
    6/16/2022Listed for sale$419,000+353%$174/sqft
    Source: Realtors Association of Citrus County #814021 Report a problem
    6/4/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    5/24/2022Listed for rent$1,800$1/sqft
    Source: Zillow Rental Manager Report a problem
    12/6/2021Sold$92,500+15.6%$38/sqft
    Source: Public Record Report a problem
    12/13/2016Sold$80,000$33/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,251 +2.8%$82,590
    2024$1,217 +27.7%$82,590 +3.6%
    2023$952 +9.7%$79,700 +11.4%
    2022$868 +50.6%$71,550 -8.3%
    2021$576 -1.1%$78,020 +1.4%
    2020$583 $76,950 +2.3%
    2019$583 +1.8%$75,220 +1.9%
    2018$572 +7.2%$73,820
    2017$534 -2.6%$73,820 +16.6%
    2016$548 +11%$63,330 +0.7%
    2015$494 -0.8%$62,890 +0.8%
    2014$498 -1.7%$62,400 +1.5%
    2013$506 $61,480 +1.7%
    2012-- $60,460 +3%
    2011-- $58,704 +1.5%
    2010-- $57,837 +2.7%
    2009-- $56,317 +0.1%
    2008-- $56,261 +3%
    2007-- $54,623 +2.5%
    2006-- $53,291 +3%
    2005-- $51,739 +3%
    2004-- $50,233 +1.9%
    2003-- $49,297 +2.4%
    2002-- $48,142 +1.6%
    2001-- $47,384 +3%
    2000-- $46,004 +2.7%
    1999-- $44,800
    Find assessor info on the county website

    Neighborhood: 33538

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $252,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $252,800