NOT LISTED FOR SALE

1215 S Otto Point Inverness, FL 34450

Estimated Value: $467,704 - $567,000

4 Beds
3 Baths
2,449 Sq Ft
$214/Sq Ft Est. Value

Last Sold February 10, 2020

Last sale price $305,000 $125 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,330/month

45 Days on Market

Highlights

  • Lake Front
  • Community Boat Facilities
  • RV Access or Parking
  • Docks
  • Above Ground Pool
  • Primary Bedroom Suite

About This Home

As of February 2020

YES YOU CAN live the life on Big Lake Henderson/connects to Lake Spivey and Chain of Lakes.Not all lake front homes have full access to Chain of Lakes for amazing fishing/water sports. 3/4 acre of beautifully treed old Florida homesite with Lakefront Vistas. Over 2400 SqFt of Updated living space nestled among oaks and magnolia with oversized parking pad. Room for RV/ Boat Trailer. Wrap around composite deck for low maintenance living looks out over serene back yard/ fenced area for your best pup or garden...already growing pineapples...this microclimate is perfect for gardening.Shed for storage and hot tub with new cover combines with deck and sunroom with large bay window as well as salt treated pool for a welcoming family home with space to breathe! Patio furniture and built in sun room custom furniture stays. Updates on this home in 2000 and 2008 show a much loved family home. Room for in-law privacy. Owner already has a Full Home Inspection for your review. See list of features!

Last Listed By

Deborah Johns

Coldwell Banker Next Generation Realty License #3028362 Listed on: 11/28/2019

Coldwell Banker Next Generation Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $994

Year Built

  • Built in 1960

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 103x283
  • Lake Front
  • Property fronts a county road
  • Landscaped with Trees
  • Property is zoned CLR

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Metal Roof
  • Vinyl Siding
  • Concrete Block And Stucco Construction
  • Composite Building Materials

Interior Spaces

  • 2,449 Sq Ft Home
  • Multi-Level Property
  • Fireplace
  • Blinds
  • Wood Flooring
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Secondary Bathroom Jetted Tub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Parking Pad
  • Private Parking
  • Driveway
  • RV Access or Parking

Pool

  • Above Ground Pool
  • Saltwater Pool
  • Pool Cover

Outdoor Features

  • Docks
  • Balcony
  • Deck
  • Exterior Lighting
  • Shed
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Purifier
  • Water Purifier is Owned
  • Septic Tank

Community Details

Overview

  • No Home Owners Association
  • Allens Unit 2 Subdivision

Recreation

  • Community Boat Facilities
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$994

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Architectural Style: Contemporary, Multi-Level
  • Carport Y N: No
  • Directions: Gospel Island Rd to right on E Allen Dr to right on S Waterview to left on S Otto Pt to home on the left
  • Water Frontage Type: Lakefront, Waterfront
  • Garage Yn: No
  • Lot Size Acres: 0.75
  • Lot Size: 103x283
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Allens Unit 2
  • Year Built: 1960
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Some Propane Appliances, Dryer, Dishwasher, Gas Cooktop, Microwave, Oven, Water Purifier Owned, Range, Refrigerator, Water Purifier, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Wood
  • Interior Amenities: Breakfast Bar, Bathtub, Fireplace, Jetted Tub, Laminate Counters, Master Suite, Pantry, Solid Surface Counters, Separate Shower, Tub Shower, Updated Kitchen, Upper Level Master, Walk-In Closet(s), Wood Cabinets, First Floor Entry
  • Living Area: 2449.0
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete, Vinyl Siding
  • Exterior Features: Balcony, Deck, Landscaping, Lighting, Rain Gutters, Concrete Driveway
  • Foundation Details: Block
  • Lot Features: Trees
  • Other Structures: Shed(s)
  • Patio And Porch Features: Balcony, Composite, Deck
  • Pool Features: Above Ground, Pool Cover, Pool, Salt Water
  • Roof: Metal
  • View: Lake, Water
  • View: Yes
  • Waterfront Features: Boat Dock/Slip, Lake Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Boat, Concrete, Driveway, Parking Pad, Private, RV Access/Parking, Truck Parking

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Boat Facilities, Trails/Paths

Schools

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

Lot Info

  • Lot Size Sq Ft: 32461.0
  • Zoning: CLR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 994.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2019
Closed on
Feb 10, 2020
Sold by
Wilson Marco A and Wilson Lora L
Bought by
Schiebel Frederick William and Schiebel Alison Dianne
Seller's Agent
Deborah Johns
Coldwell Banker Next Generation Realty
Buyer's Agent
Karen Cunningham
RE/MAX Realty One
List Price
$334,000
Sold Price
$305,000
Premium/Discount to List
-$29,000
-8.68%
Total Days on Market
45
Current Estimated Value
$524,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,426
Avg. Annual Appreciation
10.46%
Original Mortgage
$228,750
Outstanding Balance
$163,923
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$351,819

Purchase Details

Closed on
Sep 1, 1997
Bought by
Wilson Marco A and Wilson Lora L

Range of Values:

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Average Value
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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
Schiebel Frederick William $305,000 Fidelity Title Services Llc
Wilson Marco A $76,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schiebel Frederick William $228,750
Previous Owner Wilson Marco A $179,500
Previous Owner Wilson Marco A $51,500
Previous Owner Wilson Marco A $192,000
Previous Owner Wilson Marco A $157,219
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2020 02/10/20 Sold $305,000 -8.7% $125 / Sq Ft
01/11/2020 01/11/20 Pending -- -- --
11/27/2019 11/27/19 For Sale $334,000 -- $136 / 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 $4,726 $368,437 $97,330 $271,107
2023 $4,726 $360,771 $79,180 $281,591
2022 $3,949 $285,731 $76,980 $208,751
2021 $3,268 $217,544 $36,860 $180,684
2020 $1,012 $190,653 $31,630 $159,023
2019 $994 $179,197 $31,630 $147,567
2018 $963 $159,701 $31,630 $128,071
2017 $955 $96,123 $31,630 $64,493
2016 $960 $94,146 $20,570 $73,576
2015 $969 $93,492 $20,600 $72,892
2014 $985 $92,750 $20,000 $72,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 788059

REALTORS® Association of Citrus County

APN: 20E-19S-09-0220-00000-0050