NOT LISTED FOR SALE

1214 S Otto Point Inverness, FL 34450

Estimated Value: $324,000 - $356,000

3 Beds
2 Baths
1,829 Sq Ft
$184/Sq Ft Est. Value

Last Sold April 19, 2012

Last sale price $105,000 $57 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $1,834/month

316 Days on Market

Highlights

  • Lake Front
  • Florida Architecture
  • No HOA
  • 0.87 Acre Lot
  • Wood Flooring
  • Shops

About This Home

As of April 2012

Wow what a view on this large 3 bedroom 2 bath home with awesome expansive waterfront views of Big Lake Henderson. The property is fenced, has a dock in place and the home is ready for your updating and renovation. Bring your tools and restore this home to it original glory!!!Lots of tongue and groove ceilings, hard wood floors, boat house, floating dock, car ports, fruit trees and much much more. Call today for your private tour!

Last Agent to Sell the Property

Karen Cunningham

RE/MAX Realty One License #613853 Listed on: 05/09/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,327

Year Built

  • Built in 1954

Lot Details

  • 0.87 Acre Lot
  • Lake Front
  • Landscaped
  • Sprinkler System

Home Design

  • Florida Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,829 Sq Ft Home
  • Wood Flooring
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Attached Carport

Outdoor Features

  • Exterior Lighting
  • Shed

Schools

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

Utilities

  • Central Air
  • Well
  • Septic Tank

Community Details

Overview

  • No Home Owners Association
  • Allens Subdivision

Amenities

  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,327

Year Built

Built in 1954

Lot Details

0.87 Acres

Listing Details

  • Architectural Style: Florida
  • Carport Y N: Yes
  • Directions: From Inverness take North Apopka to Right on Gospel Island Rd to Right on Allen Dr to Right on Waterview to right on Otto pt to home on Right
  • Water Frontage Type: Lakefront
  • Garage Yn: No
  • Lot Size Acres: 0.87
  • Lot Size: irregular
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: Allens
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1829.0

Exterior Features

  • Construction Type: Block, Concrete, Frame
  • Exterior Features: Sprinkler/Irrigation, Landscaping, Lighting
  • Foundation Details: Block
  • Other Structures: Shed(s)
  • Pool Features: None
  • Roof: Asphalt, Metal, Shingle
  • View: Water
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Attached Carport
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: Shopping

Schools

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

Tax Info

  • Tax Annual Amount: 1327.2
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2011
Closed on
Apr 13, 2012
Sold by
Mazzelli Edward and Mazzelli Diana H
Bought by
Scott Eric J and Scott Madelaine S
Seller's Agent
Karen Cunningham
RE/MAX Realty One
List Price
$142,900
Sold Price
$105,000
Premium/Discount to List
-$37,900
-26.52%
Current Estimated Value
$336,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,262
Avg. Annual Appreciation
8.78%
Original Mortgage
$100,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 20, 2005
Sold by
Cole Christopher M and Cole Teresa A
Bought by
Mazzelli Edward and Mazzelli Diana H

Purchase Details

Closed on
Feb 1, 1999
Bought by
Scott Eric J and Scott Madelaine S

Purchase Details

Closed on
Nov 1, 1996
Bought by
Scott Eric J and Scott Madelaine S

Purchase Details

Closed on
Dec 1, 1994
Bought by
Scott Eric J and Scott Madelaine S

Purchase Details

Closed on
Dec 1, 1975
Bought by
Scott Eric J and Scott Madelaine S
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Scott Eric J $105,000 American Title Services Of C
Mazzelli Edward $150,000 American Title Services Of C
Scott Eric J $74,900 --
Scott Eric J $70,000 --
Scott Eric J $55,900 --
Scott Eric J $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Scott Eric J $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2012 04/19/12 Sold $105,000 -26.5% $57 / Sq Ft
03/20/2012 03/20/12 Pending -- -- --
05/09/2011 05/09/11 For Sale $142,900 -- $78 / Sq Ft
Source: REALTORS® Association of Citrus County

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 $1,212 $114,818 -- --
2024 $1,174 $111,582 -- --
2023 $1,174 $108,332 $0 $0
2022 $1,099 $105,177 $0 $0
2021 $1,054 $102,114 $0 $0
2020 $989 $137,118 $17,620 $119,498
2019 $971 $125,033 $17,620 $107,413
2018 $893 $97,453 $21,340 $76,113
2017 $885 $91,561 $21,340 $70,221
2016 $1,393 $86,248 $21,340 $64,908
2015 $1,251 $71,560 $22,040 $49,520
2014 $1,423 $79,210 $22,603 $56,607
Source: Public Records

Agents Affiliated with this Home

  • Karen Cunningham

    Seller's Agent in 2012

    Karen Cunningham

    RE/MAX

    (352) 422-7546

    8 in this area

    116 Total Sales

    Karen Cunningham
    Section Image
See All Agents

Map

Source: REALTORS® Association of Citrus County

MLS Number: 349007

REALTORS® Association of Citrus County

APN: 20E-19S-09-0220-00000-0170

Florida Citrus County Inverness 34450

1214 S Otto Point, Inverness, FL

Not Listed for Sale

Detached

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.