NOT LISTED FOR SALE

1034 S Otto Point Inverness, FL 34450

Estimated Value: $159,878 - $209,000

2 Beds
1 Bath
900 Sq Ft
$205/Sq Ft Est. Value

Last Sold October 05, 2012

Last sale price $51,500 $57 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $1,130/month

Highlights

  • Home fronts a canal
  • Travertine Flooring
  • Central Heating and Cooling System
  • No HOA
  • Attached Carport
  • 1-Story Property

About This Home

As of April 2023

WATERFRONT on canal to chain of lakes. Travertine floors. granite counter tops. Nice little cottage in very quiet area. Big lot. Hugh screen porch. Carport. Shed. Great things come in small packages. This house small but a good fit for 1 or 2 people.

Last Agent to Rent the Property

Rick Harper

Harper Realty Inc License #3005579 Listed on: 02/14/2023

Last Renter's Agent

Rick Harper

Harper Realty Inc License #3005579 Listed on: 02/14/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,838

Year Built

  • Built in 1978

Lot Details

  • 0.4 Acre Lot
  • Home fronts a canal

Home Design

  • Block Foundation
  • Stucco

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Travertine
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Attached Carport

Outdoor Features

  • Canal Access

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Allens Subdivision

Listing and Financial Details

  • Property Available on 4/1/23
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,838

Year Built

Built in 1978

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2023-04-01

Listing Details

  • Architectural Style: One Story
  • Carport Y N: Yes
  • Directions: Gospel Island to Allen
  • Water Frontage Type: Canal, Waterfront
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 0.4
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential Lease
  • Road Surface Type: Paved
  • Building Stories: 1
  • Subdivision Name: Allens
  • Year Built: 1978
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Travertine
  • Living Area: 900.0

Exterior Features

  • Construction Type: Stucco
  • Foundation Details: Block
  • Pool Features: None
  • Waterfront Features: Canal Access, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Attached Carport
  • Total Parking Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: No
  • HOA Rent Includes: None

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2011
Closed on
Oct 5, 2012
Sold by
Rains James A and Rains Barbara E
Bought by
Advanta Ira Services Llc and Martha Dewey Harper Ira 8001575
Seller's Agent
CJ Dixon
ERA American Suncoast Realty
Buyer's Agent
Rick Harper
Harper Realty Inc
List Price
$69,900
Sold Price
$51,500
Premium/Discount to List
-$18,400
-26.32%
Current Estimated Value
$184,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,720
Avg. Annual Appreciation
10.27%

Purchase Details

Closed on
Oct 26, 2006
Sold by
Rains James A and Rains Barbara E
Bought by
Rains James A and Rains Barbara E

Purchase Details

Closed on
Oct 1, 2006
Bought by
Advanta Ira Services Llc Fbo and Martha Dewey Harper

Purchase Details

Closed on
Mar 20, 2001
Sold by
Rains Litty L
Bought by
Rains James A and Rains Charles R

Purchase Details

Closed on
Mar 1, 2001
Bought by
Advanta Ira Services Llc Fbo and Martha Dewey Harper
Source: Public Records

Range of Values:

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Average Value
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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
Advanta Ira Services Llc $51,500 First Intl Title Inc
Rains James A -- Attorney
Advanta Ira Services Llc Fbo $100 --
Rains James A -- --
Advanta Ira Services Llc Fbo $100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2023 04/20/23 Rented $1,200 0.0% --
03/21/2023 03/21/23 Under Contract -- -- --
02/14/2023 02/14/23 For Rent $1,200 +60.0% --
01/02/2019 01/02/19 Rented $750 0.0% --
01/02/2019 01/02/19 For Rent $750 +3.4% --
12/05/2016 12/05/16 Rented $725 +3.6% --
12/05/2016 12/05/16 For Rent $700 0.0% --
10/05/2012 10/05/12 Sold $51,500 -26.3% $63 / Sq Ft View Prior Sale
09/05/2012 09/05/12 Pending -- -- --
12/14/2011 12/14/11 For Sale $69,900 -- $86 / 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 $1,838 $131,973 $43,500 $88,473
2023 $1,838 $96,560 $0 $0
2022 $1,559 $110,903 $29,230 $81,673
2021 $1,319 $82,543 $16,600 $65,943
2020 $1,185 $77,114 $16,600 $60,514
2019 $1,094 $68,897 $16,600 $52,297
2018 $999 $62,452 $18,510 $43,942
2017 $944 $58,222 $18,510 $39,712
2016 $934 $58,318 $18,510 $39,808
2015 $815 $45,045 $18,540 $26,505
2014 $982 $53,300 $22,346 $30,954
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 821384

REALTORS® Association of Citrus County

APN: 20E-19S-09-0100-00000-0230