NOT LISTED FOR SALE

12072 W Belvedere St Crystal River, FL 34428

Estimated Value: $97,690

0.15 Acre
$651,267 Price per Acre
49,658 Sq Ft Lot

Last Sold March 29, 2019

Last sale price $400,000 $43 Per Sq Ft

Current estimated payment $647/month

287 Days on Market

Highlights

  • Open Floorplan
  • Corner Lot
  • Double Pane Windows
  • Contemporary Architecture
  • High Ceiling
  • Walk-In Closet

About This Lot

As of March 2019

Great opportunity to own 9 rental apartment units with 100% occupancy. Great location for rentals - close to the Power Plant. Each unit has a living room, dining area, kitchen with range & refrigerator, private off street parking, separate AC unit, electric meter, alt key & parcel number. Most units have their own utility room with washer & dryer hookups. Four of the 9 units are 1 floor with the remaining 5 having 2 floors. Long term rental history with opportunity for rental increases and higher net gross income as leases expire. Apartment complex consists of 2 separate buidings with 5 units each. Call for an appointment today!

Last Agent to Sell the Property

Nancy Jenks

Tropic Shores Realty License #3240648 Listed on: 05/17/2018

Tropic Shores Realty

Last Buyer's Agent

Jacqueline Davis

ERA American Suncoast Realty License #592317

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,310

Year Built

  • Built in 1982

Lot Details

  • 49,658 Sq Ft Lot
  • Property fronts a county road
  • Landscaped
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Property is zoned CLR

HOA Fees

  • $55 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Ridge Vents on the Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 9,328 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Double Pane Windows
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range with Range Hood
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Parking

  • Parking Available
  • Private Parking
  • Driveway
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

Overview

  • Association fees include ground maintenance, sewer, trash, water
  • Brandon Oakes HOA
  • Crystal Manor Subdivision

Building Details

  • Operating Expense $24,446
  • Gross Income $65,940
  • Net Operating Income $41,494

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$6,310

Year Built

Built in 1982

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Architectural Style: Contemporary, Multi-Level, One Story
  • Carport Y N: No
  • Directions: From Crystal River, north on Hwy 19, turn right onto Basswood Ave. Brandon Oakes Apartment complexes are on the right onthe corner of Basswood & Belvedere.
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 0.15
  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Building Stories: 1
  • Subdivision Name: Crystal Manor
  • Year Built: 1982
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Oven, Range, Refrigerator, Range Hood
  • Flooring: Carpet, Vinyl
  • Interior Amenities: High Ceilings, Laminate Counters, Open Floorplan, Walk-In Closet(s)
  • Living Area: 9328.0
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Construction Type: Frame, Stucco
  • Exterior Features: Landscaping
  • Foundation Details: Slab
  • Lot Features: Acreage, Corner Lot, Flat, Rectangular
  • Other Structures: Shed(s)
  • Pool Features: None
  • Roof: Asphalt, Shingle, Ridge Vents
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway, Private, Parking Space(s), Unassigned

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector(s)
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 55.0
  • Association Fee Frequency: Monthly
  • Association Name: Brandon Oakes HOA
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Sewer, Trash, Water

Lot Info

  • Lot Size Sq Ft: 49658.0
  • Zoning: CLR
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 65940.0
  • Property Net Operating Income: 41494.0
  • Number Of Units Total: 9
  • Annual Operating Expense: 24446.0

Tax Info

  • Tax Annual Amount: 6309.79
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2018
Closed on
Mar 29, 2019
Sold by
Coutu George and Coutu Dorothea
Bought by
Gacca Enterprises Inc
Seller's Agent
Nancy Jenks
Tropic Shores Realty
Buyer's Agent
Jacqueline Davis
ERA American Suncoast Realty
List Price
$552,000
Sold Price
$400,000
Premium/Discount to List
-$152,000
-27.54%
Current Estimated Value
$97,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$302,310
Avg. Annual Appreciation
-19.36%

Purchase Details

Closed on
Dec 1, 1990
Bought by
Coutu George and Coutu Dorothea

Purchase Details

Closed on
Jan 1, 1987
Bought by
Coutu George and Coutu Dorothea

Purchase Details

Closed on
Dec 1, 1986
Bought by
Coutu George and Coutu Dorothea

Purchase Details

Closed on
Aug 1, 1985
Bought by
Coutu George and Coutu Dorothea

Purchase Details

Closed on
Apr 1, 1983
Bought by
Coutu George and Coutu Dorothea
Source: Public Records

Range of Values:

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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
Gacca Enterprises Inc $400,000 Wollinka Wikle Ttl Ins Agcy
Coutu George $150,000 --
Coutu George $31,000 --
Coutu George $100 --
Coutu George $100 --
Coutu George $35,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $400,000 -27.5% $43 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
05/16/2018 05/16/18 For Sale $552,000 -- $59 / 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 $960 $72,480 $2,550 $69,930
2023 $960 $47,650 $0 $0
2022 $820 $54,110 $2,550 $51,560
2021 $712 $41,860 $2,550 $39,310
2020 $624 $35,800 $2,550 $33,250
2019 $578 $38,230 $2,550 $35,680
2018 $503 $32,080 $2,550 $29,530
2017 $474 $29,170 $2,550 $26,620
2016 $414 $20,870 $7,606 $13,264
2015 $417 $20,870 $7,606 $13,264
2014 $429 $20,870 $7,622 $13,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 773669

REALTORS® Association of Citrus County

APN: 17E-17S-20-0220-00660-001A