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Sold for $197,500
  • $197,500

    728 CR 485, LAKE PANASOFFKEE, FL 33538

    2beds
    1,064sqft
    Single Family Residence
    Built in 1954
    4,999 Square Feet Lot
    $201,200 Zestimate®
    $186/sqft
    $1,570 Estimated rent

    Home value

    $201,200

    $185,000 - $219,000

    $1,570/mo

    Zestimate® history
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    What's special

    New floors
    Bring your fishing poles and come check this home out! A great place to entertain family and friends or just get away. It sits nestled on a spring fed canal that leads out to the beautiful Lake Panasoffkee that offers some of the best fishing and boating around.This home has been remodeled and updated throughout with new floors, stainless appliances, really nice hard surface countertops, windows and much more. This home offers a really nice sitting area to have fires by the water, and a nice outdoor covered area that overlooks the canal. This home also has a Koi pond that is beautifully landscaped with various plants, surrounded by a variety of fruit tress. The home is centrally located only minutes from the Villages and the West Coast that offers plenty of entertainment, shopping, dining, local springs and much more.

    Zillow last checked:

    Listing updated:

    Listed by:

    Donny Stokes 352-303-1451,

    FLORIDA REALTY INVESTMENTS 407-207-2220

    Bought with:

    Non-Member Agent

    STELLAR NON-MEMBER OFFICE

    Source: Stellar MLS,MLS#: G5076815MLS LogoOriginating MLS: Orlando Regional

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 13x15
    Bedroom 1
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 12x13
    Bathroom 1
    • Level: First
    • Dimensions: 6x10
    Kitchen
    • Level: First
    • Dimensions: 8x15
    Living room
    • Level: First
    • Dimensions: 12x15
    Heating
    • Electric
    Cooling
    • Ductless
    Appliances
    • Included: Dishwasher, Dryer, Range, Refrigerator, Washer
    • Laundry: Electric Dryer Hookup, Outside, Washer Hookup
    Features
    • Eating Space In Kitchen, Kitchen/Family Room Combo, Primary Bedroom Main Floor
    • Flooring: Laminate
    • Doors: Outdoor Grill
    • Has fireplace: No
    Interior area
    • Total structure area: 1,064
    • Total interior livable area: 1,064 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport
    • Carport spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Dog Run, Lighting, Outdoor Grill, Storage
    • Has view: Yes
    • View description: Trees/Woods, Water, Canal
    • Has water view: Yes
    • Water view: Water,Canal
    • Waterfront features: Canal - Freshwater, Freshwater Canal Access, Skiing Allowed
    • Body of water: LAKE PANASOFFKEE
    Lot
    • Size: 4,999 Square Feet
    • Dimensions: 50 x 100
    Details
    • Parcel number: J09A107
    • Zoning: RES
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding, Wood Frame
    • Foundation: Crawlspace, Slab
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Cable Available, Electricity Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: PANASOFFKEE RETREATS
    HOA
    • Has HOA: No
    Location
    • Region: Lake Panasoffkee

    Financial & listing details

    • Price per square foot: $186/sqft
    • Tax assessed value: $80,300
    • Annual tax amount: $527
    • Date on market: 1/2/2024
    • Cumulative days on market: 91 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/23/2024Sold$197,500-8.1%$186/sqft
    Source: Stellar MLS #G5076815 Report a problem
    4/12/2024Pending sale$215,000$202/sqft
    Source: Stellar MLS #G5076815 Report a problem
    3/20/2024Price change$215,000-2.3%$202/sqft
    Source: Stellar MLS #G5076815 Report a problem
    2/24/2024Listed for sale$220,000$207/sqft
    Source: Stellar MLS #G5076815 Report a problem
    2/17/2024Pending sale$220,000$207/sqft
    Source: Stellar MLS #G5076815 Report a problem
    1/3/2024Listed for sale$220,000+39.7%$207/sqft
    Source: Stellar MLS #G5076815 Report a problem
    3/8/2021Sold$157,500-4.5%$148/sqft
    Source: Public Record Report a problem
    1/21/2021Pending sale$164,900$155/sqft
    Source: Stellar MLS #G5037163 Report a problem
    1/2/2021Price change$164,900+3.1%$155/sqft
    Source: Stellar MLS #G5037163 Report a problem
    12/31/2020Listed for sale$159,900+386%$150/sqft
    Source: Owner Report a problem
    2/21/2018Sold$32,900$31/sqft
    Source: Realtors Association of Citrus County #765848 Report a problem
    2/12/2018Pending sale$32,900$31/sqft
    Source: Citrus Real Estate Services #765848 Report a problem
    2/10/2018Listed for sale$32,900$31/sqft
    Source: Citrus Real Estate Services #765848 Report a problem
    1/28/2018Pending sale$32,900$31/sqft
    Source: Citrus Real Estate Services #765848 Report a problem
    1/23/2018Price change$32,900-13.2%$31/sqft
    Source: Citrus Real Estate Services #765848 Report a problem
    1/2/2018Price change$37,900-5.3%$36/sqft
    Source: Citrus Real Estate Services #765848 Report a problem
    12/5/2017Price change$40,000-9.1%$38/sqft
    Source: Citrus Real Estate Services #765848 Report a problem
    11/2/2017Listed for sale$44,000-33.1%$41/sqft
    Source: Citrus Real Estate Services #765848 Report a problem
    9/29/2017Listing removed$65,721+9.7%$62/sqft
    Source: Auction.com Report a problem
    9/6/2017Listed for sale--
    Source: Auction.com Report a problem
    6/16/2009Listing removed$59,900$56/sqft
    Source: eWebEngine #g4636867 Report a problem
    1/24/2009Price change$59,900-7.8%$56/sqft
    Source: eWebEngine #g4636867 Report a problem
    12/13/2008Price change$65,000-31.6%$61/sqft
    Source: eWebEngine #g4636867 Report a problem
    11/22/2008Listed for sale$95,000$89/sqft
    Source: eWebEngine #g4636867 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,226 +56.2%$80,300 +1.6%
    2024$785 +48.8%$79,070 +3%
    2023$528 +6.5%$76,770 +3.3%
    2022$496 -29.4%$74,340 +49.3%
    2021$702 +4.9%$49,800 +10%
    2020$670 $45,280
    2019$670 -2.3%$45,280 +41.2%
    2018$685 +42.5%$32,060
    2017$481 -2.5%$32,060
    2016$494 -1.1%$32,060 +0%
    2015$499 -1.3%$32,050
    2014$506 -2.3%$32,050 +6.2%
    2013$518 $30,180 +0%
    2012-- $30,170 -8.2%
    2011-- $32,870
    2010-- $32,870 -1.5%
    2009-- $33,376 +63.5%
    2008-- $20,415 +3%
    2007-- $19,821 +2.5%
    2006-- $19,338 +3%
    2005-- $18,775 +3%
    2004-- $18,229 +1.9%
    2003-- $17,890 +2.4%
    2002-- $17,471 +1.6%
    2001-- $17,196 +3%
    2000-- $16,695 +2.7%
    1999-- $16,260
    Find assessor info on the county website

    Neighborhood: 33538

    Nearby schools

    GreatSchools rating
    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
    $201,200
    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
    $201,200