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2988 C 470

Lake Panasoffkee, FL 33538

2 bd 2 ba 1,000 sqft Built 1950 Lot 18,000 sqft single_family
Most recent sale
$175,000
Aug 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 16, 2022 Sold $175,000 MLS #G5057592
Jul 5, 2022 Listed $174,999 MLS #G5057592
Nov 5, 2012 Sold $40,000 Public Record
Jan 10, 2011 Listing removed $15,500 StellarMLS
Feb 2, 2010 Listing removed $15,500 StellarMLS
Jan 23, 2010 Price changed $15,500 MLS #G4655987
Dec 17, 2009 Listed $20,000 MLS #G4655987
Mar 20, 2003 Sold $30,000 Public Record
Dec 13, 1999 Sold $42,900 Public Record
Jan 1, 1981 Sold $24,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $55,680 $9,000 $64,680 $1,056
2024 $55,680 $9,000 $64,680 $1,029
2023 $52,930 $9,000 $61,930 $767
2021 $48,060 $390
2020 $47,400 $394
2019 $39,850 $308
2018 $32,470 $6,640 $39,110 $281
2017 $14,270 $6,640 $20,910 $365
2016 $14,270 $6,640 $20,910 $369
2015 $14,270 $6,640 $20,910 $373
2014 $20,910 $381
2013 $28,020 $469
2012 $28,040 $477
2011 $30,441 $508
2010 $30,441 $545
2009 $27,397 $140
2008 $27,370 $131

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,000 sqft
Lot size
18,000 sqft
ZIP code
33538
City
Lake Panasoffkee
Street
C 470
Coordinates
28.80004, -82.14055

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,850
Gross rental yield
12.69%
Implied cap rate
8.25%
Trend-extrapolated value

Frequently asked questions

When did 2988 C 470 last sell?
2988 C 470 most recently sold on Aug 16, 2022 for $175,000.
What is the current tax assessment for 2988 C 470?
The most recent total assessment for 2988 C 470 (year 2025) is $64,680 with $1,056 in property tax.
How does 2988 C 470's assessment compare to its last sale price?
The current assessment is 63.0% below the last sale price of $175,000.
When was 2988 C 470 built?
2988 C 470 was built in 1950.
How does 2988 C 470 compare to others on C 470?
We track 8 other properties on C 470. Browse the list under "Other properties on C 470" to compare beds, baths, and sale history.
What are the property facts for 2988 C 470?
2988 C 470 is a 2 bed, 2 bath, 1,000 sqft, 18,000 sqft lot single_family.
Is 2988 C 470 a flip candidate?
No — 2988 C 470 does not appear in our flips dataset.
Is 2988 C 470 a tax-appeal candidate?
No — 2988 C 470 is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.2%
Implied 1-yr
+4.8%
2026 Q3
$222.7K
2026 Q4
$225.2K
ZIP 33538 — Median Price History + Forecast

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