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861 CR 485A

House Recently Sold
$55,000

BTC: 0.87301587

ETH: 31.50057274

Sold on: 2021-10-07
7 days
2 bds
1 ba
528 sqft

Overview

Experience Vintage Florida! You will enjoy an amazing experience away from the hustle and bustle of the crowded cities, yet close to all amenities...get to Orlando Tourist Attractions or Golf Cost Beaches in less than an hour. 30-mintes from the America’s largest retirement community Old Florida style cottage, located in a great natural setting, on a canal to Lake Panasoffkee for PERFECT FISHING GET-AWAY or spend time in complete calm and tranquility!!! Away from all the traffic & enjoy great peaceful outdoor living with the convenience of a small boat dock in your backyard. Single-family charming 2BD/1BA (freestanding closets both bedrooms) completely fenced yard. Lake Panasoffkee is a 4,460 acre spring-fed lake that connects to the Withlacoochee River, which flows out to the Gulf of Mexico. A ten-year, $26.9 million project to restore Lake Panasoffkee’s fisheries was recently completed, and is being hailed a success by Lake Panasoffkee residents and anglers. Lake Panasoffkee is designated as an Outstanding Florida Water by the Florida Department of Environmental Protection. NOTE: Property needs minor repairs because it has been vacant for almost a year. There might be some termite issues!

Location

Details

Type:
Residential
Parking:
None
Year Built:
1959
Lot:
0.17 Acres
Heating:
Wall Units / Window Unit
Price/sqft:
$144
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$129,900
$77K – $158K
Confidence Low
List vs. estimate
$54K below estimate
List $75,900 · -41.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$143
-28.2% vs. city median $200
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$398
2020
All facts and features
  • Flooring

    • Concrete

    Heating

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Electric Water Heater

    • Range

    • Refrigerator

    • Water Purifier

    Other interior features

    • Living Room/Dining Room Combo

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 1

  • Parking

    • None

    Property

    • Levels: One

    Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: J09A093

    • Zoning: SINGLE FAM

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Electricity Connected

    • Phone Available

    • Water Connected

  • Other financial information

    • Annual tax amount: $398

  • Source details

    • MLS ID: T3329764

    Other facts

    • Construction Materials: Metal Siding / Wood Frame

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Direction Faces: West

    • Other Structures: Shed(s) / Storage

    • Water Body Name: CANAL TO LAKE PANASOFFKEE

    • Living Area: 528

    • Water Source: Well

    • Lot Size Dimensions: 75 x 100

    • Subdivision Name: LAKE PANASOFFKEE NEIGHBORHOOD 5061

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ADDVANTAGE REAL ESTATE SERVICES LLC