NOT LISTED FOR SALE

1020 S Otto Point Inverness, FL 34450

Estimated Value: $280,000 - $319,084

3 Beds
2 Baths
1,800 Sq Ft
$162/Sq Ft Est. Value

Last Sold February 21, 2025

Last sale price $282,000 $157 Per Sq Ft

146 Days on Market

Highlights

  • In Ground Pool
  • Ranch Style House
  • 1 Car Attached Garage
  • Home fronts a canal
  • No HOA
  • Landscaped with Trees

About This Home

As of February 2025

Discover your dream home in this 3-bedroom, 2-bathroom pool home, perfectly situated in the heart of Inverness. With a private dock for your boating adventures this property offers the ultimate Florida lifestyle.

Step inside to find a spacious and inviting living area, ideal for relaxation and entertaining. The well-appointed kitchen features modern appliances and ample storage, making meal prep a breeze. Each bedroom is generously sized, providing comfort and privacy for family and guests.

Outside, the sparkling pool is surrounded by a beautiful patio, perfect for sunbathing or hosting summer gatherings. The carport offers convenient covered parking, while a handy shed provides extra storage for your outdoor gear.

Enjoy the convenience of being just a short distance from downtown Inverness, where you can explore charming shops, restaurants, and parks. This waterfront gem combines comfort, leisure, and a prime location—don’t miss your chance to make it your own! Call us today for your private tour.

Last Listed By

John Holloway

The Holloway Group License #3051065 Listed on: 09/18/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,051

Year Built

  • Built in 1974

Lot Details

  • 0.35 Acre Lot
  • Home fronts a canal
  • Property fronts a county road
  • Irregular Lot
  • Landscaped with Trees
  • Property is zoned CLR

Parking

  • 1 Car Attached Garage
  • Detached Carport Space
  • Driveway

Home Design

  • 1,800 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Kitchen

  • Electric Oven
  • Electric Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Canal Access

Schools

  • Inverness Primary Elementary School
  • Inverness Middle School
  • Citrus High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Allens Point Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,051

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Directions: N Apopka ave right onto vine st keep left onto e Gospel Island Rd right onto Allen dr right onto Waterview Dr. slight left onto S Otto Pt.
  • Water Frontage Type: Canal
  • Garage Yn: Yes
  • Lot Size Acres: 0.35
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Subdivision Name: Allens Point
  • Year Built: 1974
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave Hood Fan, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 1800.0
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block
  • Lot Features: Irregular Lot, Trees
  • Pool Features: In Ground, Pool
  • Roof: Asphalt, Shingle
  • Waterfront Features: Canal Access, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Concrete, Detached Carport, Driveway, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Inverness Primary
  • High School: Citrus High
  • Middle Or Junior School: Inverness Middle

Lot Info

  • Lot Size Sq Ft: 15231.0
  • Zoning: CLR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2051.35
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Feb 21, 2025
Sold by
Evans Aaron B and Ashley Elaine
Bought by
Richards Scott L and Richards Nicole L
Seller's Agent
John Holloway
The Holloway Group
Buyer's Agent
Cynthia Lewis
Trotter Realty
List Price
$349,900
Sold Price
$282,000
Premium/Discount to List
-$67,900
-19.41%
Total Days on Market
146
Views
127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.43%

Purchase Details

Closed on
Jun 29, 2021
Sold by
Dale Harold D and The Dale Revocable Trust
Bought by
Evans Aaron B and Evans Ashley Elaine

Purchase Details

Closed on
Jan 7, 2021
Sold by
Maloney Matthew and Maloney Larissa
Bought by
Dale Harold D and The Dale Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 10, 2001
Sold by
Maloney Robert and Maloney Dolores
Bought by
Maloney Matthew and Maloney Larissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Richards Scott L $282,000 Red Door Title
Richards Scott L $282,000 Red Door Title
Evans Aaron B $200,000 None Available
Dale Harold D $202,500 Compass Title Llc
Maloney Matthew $75,000 Crystal River Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evans Aaron B $120,000
Previous Owner Maloney Matthew $60,000
Previous Owner Maloney Matthew $60,000
Previous Owner Maloney Matthew $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $282,000 -6.0% $157 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
01/27/2025 01/27/25 Price Changed $299,999 -4.7% $167 / Sq Ft
01/13/2025 01/13/25 Price Changed $314,900 -4.5% $175 / Sq Ft
11/21/2024 11/21/24 Price Changed $329,900 -2.9% $183 / Sq Ft
10/14/2024 10/14/24 Price Changed $339,900 -2.9% $189 / Sq Ft
09/18/2024 09/18/24 For Sale $349,900 -- $194 / Sq Ft
Source: REALTORS® Association of Citrus County

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,051 $171,901 -- --
2023 $2,051 $166,894 $0 $0
2022 $1,919 $162,033 $0 $0
2021 $2,495 $163,357 $14,240 $149,117
2020 $874 $149,407 $14,240 $135,167
2019 $857 $134,265 $14,240 $120,025
2018 $826 $119,150 $17,340 $101,810
2017 $817 $87,181 $17,340 $69,841
2016 $820 $85,388 $21,680 $63,708
2015 $826 $84,794 $22,660 $62,134
2014 $1,070 $97,740 $26,976 $70,764
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 837580

REALTORS® Association of Citrus County

APN: 20E-19S-09-0100-00000-0210