Come take a look at this home that was under restoration from fire damage. It was dried in a couple of years ago with new boards on the roof and 2x6 trusses, the home has been sitting for over a year unfinished. Some materials are on the premises such as windows, insulation, etc. If your up for completing this project, come take a look at this home and see it's potential. There is plenty of space to add to this home as it sits on three lots. This home also has a nice sized pole barn currently being used as boat storage and a smaller pole barn being used as storage. This home is located a short distance to several boat ramps that access the beautiful Lake Panasoffkee and the Withlacoochee river that offers some of the best fishing around and plenty of wildlife to see. This home is also minutes from the Villages, that offers shopping, dining, entertainment.
Sold for $77,500
$77,500
447 CR 487, LAKE PANASOFFKEE, FL 33538
3beds
748sqft
Single Family Residence
Built in 1971
0.46 Acres Lot
$130,100 Zestimate®
$104/sqft
$1,306 Estimated rent
Home value
$130,100
$101,000 - $163,000
$1,306/mo
Zestimate® history
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List your homeWhat's special
Smaller pole barnNice sized pole barnBeautiful lake panasoffkee
Zillow last checked:
Listing updated:
Listed by:
Donny Stokes 352-303-1451,
FLORIDA REALTY INVESTMENTS 407-207-2220
Bought with:
Myrna Contreras, 3100976
XCELLENCE REALTY INC.
Source: Stellar MLS,MLS#: G5076402
Originating MLS: Orlando Regional
Originating MLS: Orlando Regional
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Built-in Closet
- Level: First
- Dimensions: 11.8x14.3
Bedroom 1
- Features: Built-in Closet
- Level: First
- Dimensions: 9.6x12.7
Bedroom 2
- Features: Built-in Closet
- Level: First
- Dimensions: 10x12.7
Kitchen
- Level: First
- Dimensions: 9.4x10.7
Living room
- Level: First
- Dimensions: 10.3x17.3
Heating
- None
Cooling
- None
Appliances
- Included: None
- Laundry: None
Features
- None
- Flooring: Concrete
- Has fireplace: No
Interior area
- Total structure area: 1,564
- Total interior livable area: 748 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Storage
Lot
- Size: 0.46 Acres
- Dimensions: 200 x 100
Details
- Parcel number: J09B121
- Zoning: RES
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block
- Foundation: Block, Slab
- Roof: Other
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: MAGNOLIA MANOR
HOA
- Has HOA: No
Location
- Region: Lake Panasoffkee
Financial & listing details
- Price per square foot: $104/sqft
- Tax assessed value: $26,140
- Annual tax amount: $438
- Date on market: 12/13/2023
- Cumulative days on market: 35 days
- Listing terms: Cash
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 2/23/2024 | Sold | $77,500-13.9%$104/sqft |
Source:  Stellar MLS #G5076402 Report a problem | ||
| 1/17/2024 | Pending sale | $90,000$120/sqft |
Source: Stellar MLS #G5076402 Report a problem | ||
| 12/13/2023 | Listed for sale | $90,000+1053.8%$120/sqft |
Source: Stellar MLS #G5076402 Report a problem | ||
| 8/9/2023 | Sold | $7,800-61%$10/sqft |
Source: Public Record Report a problem | ||
| 7/17/2020 | Sold | $20,000$27/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $639 +1.7% | $26,140 |
| 2024 | $628 +43.3% | $26,140 -13.4% |
| 2023 | $438 +6.3% | $30,170 +8.8% |
| 2022 | $412 -60.4% | $27,730 -65.1% |
| 2021 | $1,042 +2.7% | $79,440 +10.7% |
| 2020 | $1,014 | $71,770 -6.3% |
| 2019 | $1,014 +2% | $76,560 +14.1% |
| 2018 | $994 +20.2% | $67,070 +24.4% |
| 2017 | $827 +11% | $53,930 +0.5% |
| 2016 | $746 -0.8% | $53,640 +9.7% |
| 2015 | $752 +6.4% | $48,900 |
| 2014 | $707 -2.5% | $48,900 -23.2% |
| 2013 | $725 | $63,710 0% |
| 2012 | -- | $63,720 -7.3% |
| 2011 | -- | $68,726 |
| 2010 | -- | $68,726 -15.4% |
| 2009 | -- | $81,266 +5.8% |
| 2008 | -- | $76,810 -3% |
| 2007 | -- | $79,210 +9.1% |
| 2006 | -- | $72,610 +24.3% |
| 2005 | -- | $58,410 +39.4% |
| 2004 | -- | $41,910 +2.7% |
| 2003 | -- | $40,810 -12.8% |
| 2002 | -- | $46,810 +19.1% |
| 2001 | -- | $39,310 +7.7% |
| 2000 | -- | $36,510 +2.8% |
| 1999 | -- | $35,510 |
Find assessor info on the county website
Neighborhood: 33538
Nearby homes
- $133,400-- bd-- ba720 sqft471 County Road 487, Lake Panasoffkee, FL 33538Off Market
- $162,800-- bd-- ba1k sqft537 County Road 487, Lake Panasoffkee, FL 33538Off Market
- $97,3403 bd2 ba1.4k sqft444 County Road 487, Lake Panasoffkee, FL 33538Sold
- $225,100-- bd-- ba1.2k sqft401 County Road 487, Lake Panasoffkee, FL 33538Off Market
- $126,300-- bd-- ba1k sqft487 NW 5th Way, Lake Panasoffkee, FL 33538Off Market
- $15,5009,996 Square FeetCounty Road 487 LOT 5, Lake Panasoffkee, FL 33538Sold
- $257,0003 bd2 ba2.1k sqft404 County Road 487, Lake Panasoffkee, FL 33538Sold
- $140,0003 bd2 ba1.5k sqft536 County Road 487, Lake Panasoffkee, FL 33538Sold
Nearby schools
GreatSchools rating
- 8/10Lake Panasoffkee Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 4/10South Sumter High SchoolGrades: 7,9-12Distance: 6.2 mi
- 7/10South Sumter Middle SchoolGrades: 6-8Distance: 10.4 mi
Schools provided by the listing agent
- Elementary: Lake Panasoffkee Elementary
- Middle: South Sumter Middle
- High: South Sumter High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$130,100
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
$130,100
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