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!
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
Owner options
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$2,690/mo
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$2,690/mo
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$1,485/mo
Est. payment
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$1,485/mo
Est. payment
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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
| Date | Event | Price |
|---|---|---|
| 3/5/2025 | Listing removed | $225,000$94/sqft |
Source: | ||
| 9/25/2024 | Listed for sale | $225,000$94/sqft |
Source: | ||
| 9/12/2024 | Pending sale | $225,000$94/sqft |
Source: | ||
| 7/24/2024 | Listed for sale | $225,000$94/sqft |
Source: | ||
| 7/22/2024 | Pending sale | $225,000$94/sqft |
Source: | ||
| 6/10/2024 | Price change | $225,000-8.2%$94/sqft |
Source: | ||
| 3/28/2024 | Price change | $245,000-3.2%$102/sqft |
Source: | ||
| 3/8/2024 | Listed for sale | $253,000+13%$105/sqft |
Source: | ||
| 8/16/2023 | Sold | $223,900$93/sqft |
Source: Public Record Report a problem | ||
| 4/24/2023 | Pending sale | $223,900$93/sqft |
Source: | ||
| 4/16/2023 | Price change | $223,900-6.7%$93/sqft |
Source: | ||
| 4/10/2023 | Price change | $239,900+4.8%$100/sqft |
Source: | ||
| 3/30/2023 | Pending sale | $229,000$95/sqft |
Source: | ||
| 3/27/2023 | Price change | $229,000-4.2%$95/sqft |
Source: | ||
| 3/24/2023 | Listed for sale | $239,000$99/sqft |
Source: | ||
| 3/14/2023 | Pending sale | $239,000$99/sqft |
Source: | ||
| 3/5/2023 | Listed for sale | $239,000-31.7%$99/sqft |
Source: | ||
| 1/2/2023 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/22/2022 | Listed for sale | $350,000-16.5%$146/sqft |
Source: Owner Report a problem | ||
| 7/14/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 7/11/2022 | Price change | $1,775-10.1%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/2/2022 | Listed for rent | $1,975+9.7%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/1/2022 | Listing removed | -- |
Source: | ||
| 6/16/2022 | Listed for sale | $419,000+353%$174/sqft |
Source: | ||
| 6/4/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 5/24/2022 | Listed for rent | $1,800$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 12/6/2021 | Sold | $92,500+15.6%$38/sqft |
Source: Public Record Report a problem | ||
| 12/13/2016 | Sold | $80,000$33/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Nearby schools
GreatSchools rating
- 8/10Lake Panasoffkee Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 4/10South Sumter High SchoolGrades: 7,9-12Distance: 8.6 mi
- 7/10South Sumter Middle SchoolGrades: 6-8Distance: 13 mi
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Estimated market value
$252,800
Get a cash offer in 3 minutes
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
- Florida
- Sumter County
- Lake Panasoffkee
- 33538
- 4045 County Road 402a
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