Google street view image for 487 NW 5th Rd, Lake Panasoffkee, FL 33538

Off market feb 1999 for $48K

$118,117

Est. refi paymentEst. refi $402/mo

—

•

— ba

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1,032

sq ft

487 NW 5th Rd, Lake Panasoffkee, FL 33538

About this home

487 NW 5th Rd is a 1,032 square foot house on a 7,501 square foot lot. - it last sold on February 26, 1999 for $48,500. Based on Redfin's Lake Panasoffkee data, we estimate the home's value is $118,117.

Single-familyProperty Type

1964Year Built

7,501 sq ftLot Size

$114Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$118,117

$70K since sold in February 1999$6,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 25.4% lower than the average sale price ($158K) of 6 comparable homes.

SOLD AUG 3, 2026
$163,000
A
3 beds1 bath808 sq ft
922 CR 482a, Lake Panasoffkee, FL 33538
SOLD AUG 28, 2026
$185,000
B
2 beds2 baths1,064 sq ft
931 CR 457a, Lake Panasoffkee, FL 33538
SOLD AUG 3, 2026
$200,000
C
2 beds2 baths1,320 sq ft
1240 CR 463, Lake Panasoffkee, FL 33538
SOLD SEP 10, 2026
$185,000
D
2 beds2 baths1,204 sq ft
1244 County Road 437, Lake Panasoffkee, FL 33538
SOLD JUN 22, 2026
$75,000
E
1 bed2 baths966 sq ft
3189 CR 419, Lake Panasoffkee, FL 33538
SOLD OCT 17, 2025
$142,000
F
2 beds2.5 baths1,092 sq ft
753 CR 477a, Lake Panasoffkee, FL 33538

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Earn from this home

Refinance

Est. cash available

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Market trends in 33538, FL

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

96.2%

+2.6% MoM

Median sale price

$192K

$57 MoM

Avg. days on market

79d

15 days MoM

Recently sold homes

0 MoM

New listings for sale

3D WALKTHROUGH
$550,000
3 beds2 baths1,892 sq ft
6014 W SR 44, Lake Panasoffkee, FL 33538
$350,000
4 beds3 baths1,876 sq ft
896 CR 485a, Lake Panasoffkee, FL 33538
See all

Provided by Redfin

Sale history for 487 NW 5th Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,204 (+2.8%)

$6,750 + $71,460

$78,210

2024

$1,171 (+29.8%)

$6,750 + $71,460

$78,210

2023

$902 (−5.2%)

$6,750 + $71,460

$78,210

2022

$952 (−7.8%)

$6,750 + $68,080

$74,830

2021

$1,032 (+0.2%)

$6,640 + $72,940

$79,580

2020

$1,030 (−2.5%)

$6,640 + $72,000

$78,640

2019

$1,056 (+206.1%)

$6,640 + $68,560

$75,200

2018

$345 (+0.9%)

2017

$342 (+2.4%)

2016

$334 (−0.3%)

2015

$335 (−9.7%)

$6,640 + $36,100

$42,740

2014

$371 (−1.0%)

2013

$375 (+1.2%)

2012

$370

Tax history for 487 NW 5th Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,204 (+2.8%)

$6,750 + $71,460

$78,210

2024

$1,171 (+29.8%)

$6,750 + $71,460

$78,210

2023

$902 (−5.2%)

$6,750 + $71,460

$78,210

2022

$952 (−7.8%)

$6,750 + $68,080

$74,830

2021

$1,032 (+0.2%)

$6,640 + $72,940

$79,580

2020

$1,030 (−2.5%)

$6,640 + $72,000

$78,640

2019

$1,056 (+206.1%)

$6,640 + $68,560

$75,200

2018

$345 (+0.9%)

2017

$342 (+2.4%)

2016

$334 (−0.3%)

2015

$335 (−9.7%)

$6,640 + $36,100

$42,740

2014

$371 (−1.0%)

2013

$375 (+1.2%)

2012

$370

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

R4C

Medium Density Residential District

The purpose and intent of the suburban residential zoning districts is to provide a range of suburban densities, residential atmosphere where families, depending on the district, may reside in 1 conventional or Class A or B mobile home dwelling unit per parcel or a multifamily building, and to provide a buffer between districts of lower and higher residential densities, commercial or other more intensive zoning districts.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Recreation
Park & open space

Property details

Exterior

Exterior Information
Building Style Type: Rectangular Design
Building Construction Quality: Average
Building Type: Single Family

Property Information
Subdivision Name: MAGNOLIA MANOR
Living Sq. Ft: 1,032
Adjusted Gross Sq. Ft: 1,160
Building Sq. Ft: 1,032
# of Units: 1
Legal Description: E 100 FT OF LOT 17 & N1/2 LOT 18 BLK C MAGNOLIA MANOR PB 3 PG 46 AND AN UNDIV 1.5/152 INT IN AND TO FOLL DESC LANDS W 50FT LOT 17 BLK C ALSO E 150 FT OF S 312 FT OF SE1/4 OF NW1/4

Lot Information
# of Buildings: 1
Land Sq. Ft: 7,501
Legal Lot Number: 17
Legal Block Number: C
Acres: 0.1722
Depth Footage: 100
Front Footage: 75
State Use Description: SINGLE FAMILY

Financial

Assessor Information
Assessment Year: 2025
Tax District County: COUNTY
Tax Area: COUNTY

Public facts

Beds: —
Baths: —
Sq. Ft.: 1,032
Stories: —
Lot Size: 7,501 square feet
Style: Single Family Residential
Year Built: 1964
Year Renovated: 1964
County: Sumter County
APN: J09B117

Home facts updated by county records on Sep 8, 2026

Around this home

Schools

Lake Panasoffkee Elementary School

Public PreK-5 • Assigned • 0.7mi

8/10

South Sumter High School

Public 7-12 • Assigned • 6.3mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

4/10 Fire Factor

0.93% chance of being in a wildfire in next 30 years

8/10 Heat Factor

7 days above 108° expected this year, 20 days in 30 years

9/10 Wind Factor

99% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Lake Panasoffkee, FL • 33538

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.9 hours in June and 6.4 hours in December, placing it above the U.S. average for solar exposure.

8.9 hrs

6.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$113,000 – $136,000

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Listing provided by Zillow

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New listings for sale in 33538

3D WALKTHROUGH

$550,000

3 beds2 baths1,892 sq ft

6014 W SR 44, Lake Panasoffkee, FL 33538

$350,000

4 beds3 baths1,876 sq ft

896 CR 485a, Lake Panasoffkee, FL 33538

Home values near 487 NW 5th Rd

Data from public records.

Address	Redfin Estimate
491 NW 5th Road, Lake Panasoffkee, FL - Beds \| - Baths \| 1296 Sq. Ft.	$119,746
492 NW 5th Road, Lake Panasoffkee, FL - Beds \| - Baths \| 616 Sq. Ft.	$38,898

Address	Redfin Estimate
471 NW 5th Road, Lake Panasoffkee, FL - Beds \| - Baths \| 960 Sq. Ft.	$71,283
470 NW 5th Avenue, Lake Panasoffkee, FL - Beds \| - Baths \| 1008 Sq. Ft.	$120,560

Address	Redfin Estimate
476 NW 5th Road, Lake Panasoffkee, FL 3 Beds \| 2 Baths \| 1440 Sq. Ft.	$194,184
486 NW 5th Avenue, Lake Panasoffkee, FL 2 Beds \| 1 Baths \| 672 Sq. Ft.	$141,011

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About this home

Redfin Estimate

Earn from this home

Market trends in 33538, FL

Sale history for 487 NW 5th Rd

Tax history for 487 NW 5th Rd

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 33538

Home values near 487 NW 5th Rd

More real estate resources