$32,000
SOLD APR 29, 2023

1106 N Tan Terrace Inverness, FL 34453

0.94 Acre
$34,043 Price per Acre
40,946 Sq Ft Lot

Recently Sold

42% Below List Price

309 Days on Market

Highlights

  • Waterfront
  • Corner Lot
  • No HOA

About This Lot

As of April 2023

Three beautiful and buildable lots combine to make up this almost a full acre, corner lot in a quiet, waterfront community just outside of Inverness City Limits! Each lot is approx. 1/3 of an acre and all have been partially cleared already! Zoned for single family homes only, no deed restrictions or HOA to deal with. Build your dream home here or build 3 homes to sell! Call listing agent today for more info!

Last Agent to Sell the Property

Kate Von Staden

Century 21 J.W.Morton R.E. License #3397789 Listed on: 06/15/2022

Century 21 J.W.Morton R.E.

Last Buyer's Agent

Kate Von Staden

Century 21 J.W.Morton R.E. License #3397789 Listed on: 06/15/2022

Century 21 J.W.Morton R.E.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $201

Lot Details

  • 0.94 Acre Lot
  • Waterfront
  • Property fronts a county road
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Property is zoned CLR

Schools

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

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association
  • Magnolia Beach Park U1 Unrec Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$201

Lot Details

0

Listing Details

  • Directions: Heading East on W. Main St Turn L onto Davidson Ave. then sharp R onto US Hwy 41 then L onto Tompkins St then first L onto Ella Ave. R onto Tiki Terr L onto E Timber Ln then first R onto Beach Park Dr
  • Water Frontage Type: Waterfront
  • Lot Size Acres: 0.94
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Magnolia Beach Park U1 Unrec
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Corner Lot, Flat, Multiple lots, Rectangular

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

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: 40899.0
  • Zoning: CLR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 201.35
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Apr 28, 2023
Sold by
Ledoux Ann Le
Bought by
Wein Kathryn
Seller's Agent
Kate Von Staden
Century 21 J.W.Morton R.E.
Buyer's Agent
Kate Von Staden
Century 21 J.W.Morton R.E.
List Price
$55,000
Sold Price
$32,000
Premium/Discount to List
-$23,000
-41.82%
Total Days on Market
309
Views
145
Current Estimated Value
$40,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,597
Avg. Annual Appreciation
12.11%

Purchase Details

Listed on
Jan 17, 2021
Closed on
Mar 21, 2022
Sold by
Maureen Flynn
Bought by
Ledoux Ann
Seller's Agent
Kate Von Staden
Century 21 J.W.Morton R.E.
Buyer's Agent
Kate Von Staden
Century 21 J.W.Morton R.E.
List Price
$28,000
Sold Price
$22,000
Premium/Discount to List
-$6,000
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.58%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $32,000 First International Title
Warranty Deed $22,000 First International Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2023 04/29/23 Sold $32,000 -19.2% --
04/21/2023 04/21/23 Pending -- -- --
04/14/2023 04/14/23 Price Changed $39,600 -0.3% --
04/03/2023 04/03/23 Price Changed $39,700 -0.3% --
03/21/2023 03/21/23 Price Changed $39,800 -11.6% --
10/26/2022 10/26/22 Price Changed $45,000 -8.2% --
10/08/2022 10/08/22 Price Changed $49,000 -1.0% --
09/24/2022 09/24/22 Price Changed $49,500 -10.0% --
06/15/2022 06/15/22 For Sale $55,000 +150.0% --
03/23/2022 03/23/22 Sold $22,000 -21.4% --
02/04/2022 02/04/22 Pending -- -- --
01/17/2021 01/17/21 For Sale $28,000 -- --
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 $245 $17,780 $17,780 --
2023 $245 $16,060 $16,060 $0
2022 $189 $12,840 $12,840 $0
2021 $201 $13,830 $13,830 $0
2020 $206 $13,860 $13,860 $0
2019 $208 $13,860 $13,860 $0
2018 $212 $13,860 $13,860 $0
2017 $217 $13,860 $13,860 $0
2016 $249 $15,330 $15,330 $0
2015 $255 $15,310 $15,310 $0
2014 $262 $15,215 $15,215 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 814046

REALTORS® Association of Citrus County

APN: 20E-18S-33-0010-000B0-0010