NOT LISTED FOR SALE

117 Cherry Ave Inverness, FL 34450

Inverness Area
2 Beds
2 Baths
2,112 Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: July 18, 2023

Last sale price $345,000 $163 Per Sq Ft

18 Days on Market

Highlights

  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • No HOA
  • Ceramic Tile Flooring

About This Home

As of July 2023

Up for Grabs. 2 duplex units featuring 2 1 bedroom, 1 bath apartments each. Each apartment is approx. 528 sq feet. There are 4 separate addresses with each apartment having its own water meter and electric. Investor special. Fabulous downtown location. Money maker in the making. Long term tenants in place who would love to stay.

Last Agent to Sell the Property

Kathy Chapman

Landmark Realty License #3064510 Listed on: 06/01/2023

Co-Listed By

Janet Bega

Landmark Realty License #3162684

Last Buyer's Agent

Florida Licensed Broker-Agent

Florida Licensed Brokers/Agents

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,761

Year Built

  • Built in 1973

Lot Details

  • 9,148 Sq Ft Lot
  • Corner Lot

Parking

  • Driveway

Home Design

  • 2,112 Sq Ft Home
  • Duplex
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Concrete Block And Stucco Construction

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Ceramic Tile

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 4 Units
  • Labelle Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,761

Year Built

Built in 1973

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Architectural Style: Duplex
  • Co List Office Phone: (352) 726-5263
  • Directions: Corner of Tompkins and Cherry Ave
  • Lot Size Acres: 0.21
  • New Construction: No
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Structure Type: Duplex
  • Subdivision Name: LaBelle
  • Year Built: 1973
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2112.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block
  • Lot Features: Corner Lot
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: Concrete, Driveway

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: RO
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2760.65
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 11, 2023
Sold by
Bought by
Seller's Agent
Kathy Chapman
Landmark Realty
Buyer's Agent
Florida Licensed Broker-Agent
Florida Licensed Brokers/Agents
List Price
$399,000
Sold Price
$345,000
Premium/Discount to List
-$54,000
-13.53%
Views
34

Purchase Details

Closed on
Jun 18, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
0.12%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 22, 2000
Sold by
Bought by

Purchase Details

Closed on
Nov 1, 2000
Bought by

Purchase Details

Closed on
Apr 1, 1994
Bought by

Purchase Details

Closed on
Jan 1, 1952
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$345,000 None Listed On Document
$130,000 First International Ttl Inc
-- --
$100 --
$79,500 --
$64,400 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $248,640
Previous Owner $130,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/18/2023 07/18/23 Sold $345,000 -13.5% $163 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $399,000 -- $189 / Sq Ft
Source: REALTORS® Association of Citrus County

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,716 $195,460 $40,800 $154,660
2024 $3,214 $169,560 $40,800 $128,760
2023 $3,214 $161,100 $40,800 $120,300
2022 $2,761 $129,650 $40,800 $88,850
2021 $2,484 $115,560 $40,800 $74,760
2020 $2,152 $98,640 $40,800 $57,840
2019 $2,196 $98,330 $40,800 $57,530
2018 $2,167 $98,210 $40,800 $57,410
2017 $1,960 $85,750 $40,800 $44,950
2016 $1,969 $85,830 $40,800 $45,030
2015 $1,942 $85,000 $40,800 $44,200
2014 $2,038 $85,185 $35,033 $50,152
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kathy Chapman

    Landmark Realty

    (352) 476-4988

    2 in this area

    68 Total Sales

    Kathy Chapman
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Janet Bega

    Landmark Realty

    (352) 400-0529

    5 in this area

    75 Total Sales

    Janet Bega
    Section Image

  • F

    Buyer's Agent in 2023

    Florida Licensed Broker-Agent

    Florida Licensed Brokers/Agents

See All Agents

Map

Source: REALTORS® Association of Citrus County

MLS Number: 824387

REALTORS® Association of Citrus County

APN: 18-19S-20E-0050-B0100-001.5

Florida Citrus County Inverness 34450

117 Cherry Ave, Inverness, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTORS® Association of Citrus County IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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