NOT LISTED FOR SALE

116 S Tern Point Inverness, FL 34450

Estimated Value: $222,406 - $264,000

3 Beds
2 Baths
1,248 Sq Ft
$192/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $223,245 $179 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,443/month

Highlights

  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of June 2023

This home is located at 116 S Tern Point, Inverness, FL 34450 since 13 June 2023 and is currently estimated at $239,102, approximately $191 per square foot. This property was built in 2002. 116 S Tern Point is a home located in Citrus County with nearby schools including Inverness Primary School, Inverness Middle School, and Citrus High School.

Last Agent to Sell the Property

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE Listed on: 06/13/2023

STELLAR NON-MEMBER OFFICE

Last Buyer's Agent

Lindsey Barker

OPTIMA ONE REALTY, INC. License #3445218

OPTIMA ONE REALTY, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,987

Year Built

  • Built in 2002

Lot Details

  • 7,661 Sq Ft Lot
  • Lot Dimensions are 100x108
  • Property is zoned CLR

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Private Sewer
  • Cable TV Available

Community Details

  • Tsala Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / E
  • Assessor Parcel Number 20E-19S-10-0010-000E0-0030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,987

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Vinyl Siding
  • Fireplace: No
  • Living Area: 1248
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 1248
  • Lot Size Sq Ft: 7661
  • Status: Sold
  • Street Direction: S
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 115.94
  • RATIO Current Price By Calculate: 178.88
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 2
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 115.94

Exterior Features

  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Private Sewer

Condo/Co-op/Association

  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: CLR
  • Parcel Number: 20E-19S-10-0010-000E0-0030
  • Additional Parcels: No
  • Lot Dimensions: 100x108
  • Flood Zone Code: x

Tax Info

  • Tax Annual Amount: 1986.87
  • Tax Block: E
  • Tax Book Number: 2-34
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Jun 13, 2023
Sold by
Ethical Investors Llc
Bought by
Adkins Cory Michael and Grant Shelby Lynn
Seller's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
Buyer's Agent
Lindsey Barker
OPTIMA ONE REALTY, INC.
List Price
$223,245
Sold Price
$223,245
Current Estimated Value
$239,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,857
Avg. Annual Appreciation
2.64%
Original Mortgage
$212,083
Outstanding Balance
$205,914
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$33,188

Purchase Details

Listed on
Dec 4, 2015
Closed on
Feb 1, 2016
Sold by
Brannen Bank
Bought by
Ethical Investors Llc
Seller's Agent
John Holloway
The Holloway Group
Buyer's Agent
John Holloway
The Holloway Group
List Price
$84,900
Sold Price
$80,000
Premium/Discount to List
-$4,900
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.94%
Original Mortgage
$76,000
Interest Rate
3.98%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 20, 2015
Sold by
Peterson Dayna and Brannen Bank
Bought by
Brannen Bank

Purchase Details

Closed on
Sep 1, 2008
Bought by
Ethical Investors Llc

Purchase Details

Closed on
Sep 15, 2005
Sold by
Rodriguez Edward and Rodriguez Karen J
Bought by
Peterson David W and Peterson Dayna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2002
Sold by
Builders Of Williston Inc
Bought by
Rodriguez Edward and Rodriguez Karen J

Purchase Details

Closed on
Jun 1, 2002
Bought by
Ethical Investors Llc

Purchase Details

Closed on
Mar 2, 2001
Sold by
Hanstein Vivian I
Bought by
Gibbs Brad R and Gibbs Patricia L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Adkins Cory Michael $223,245 None Listed On Document
Ethical Investors Llc $80,000 American Title Svcs Citrus C
Brannen Bank -- None Available
Ethical Investors Llc $100 --
Peterson David W $106,000 Brannen Title Insurance Agen
Rodriguez Edward $74,000 American Title Svcs Of Citru
Builders Of Williston Inc -- American Title Svcs Of Citru
Ethical Investors Llc $100 --
Gibbs Brad R $2,500 American Title Services Of C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adkins Cory Michael $212,083
Previous Owner Ethical Investors Llc $76,000
Previous Owner Peterson David W $84,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2023 06/13/23 Sold $223,245 0.0% $179 / Sq Ft
06/13/2023 06/13/23 For Sale $223,245 +179.1% $179 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
02/01/2016 02/01/16 Sold $80,000 -5.8% $64 / Sq Ft View Prior Sale
01/02/2016 01/02/16 Pending -- -- --
12/04/2015 12/04/15 For Sale $84,900 -- $68 / Sq Ft
Source: Stellar MLS

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
2025 $2,412 $181,544 $4,050 $177,494
2024 $2,289 $192,487 $4,050 $188,437
2023 $2,289 $177,202 $4,050 $173,152
2022 $1,987 $151,565 $4,050 $147,515
2021 $1,633 $106,380 $4,050 $102,330
2020 $1,430 $91,261 $4,050 $87,211
2019 $1,490 $96,184 $4,050 $92,134
2018 $1,346 $84,029 $4,050 $79,979
2017 $1,275 $77,565 $4,050 $73,515
2016 $1,211 $70,589 $4,050 $66,539
2015 $1,148 $66,231 $4,050 $62,181
2014 $1,073 $58,680 $4,185 $54,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: J962725

Stellar MLS

APN: 20E-19S-10-0010-000E0-0030