NOT LISTED FOR SALE

1224 Cypress Cove Ct Inverness, FL 34450

Estimated Value: $164,000 - $172,000

2 Beds
2.5 Baths
1,258 Sq Ft
$133/Sq Ft Est. Value

Last Sold May 13, 2018

Last sale price $71,500 $57 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,176/month

53 Days on Market

Highlights

  • Waterfront
  • Community Pool
  • Central Heating and Cooling System
  • Stone Countertops
  • Bathtub with Shower
  • South Facing Home

About This Home

As of May 2018

Close to town the great waterfront community of Cypress Cove. This 2 Bedroom 2 1/2 Bath unit is an end unit overlooking the canal that goes out to Lake Henderson, Lake Spivey and the rest of the Inverness Chain of Lakes. Bring your boat, watch the sunset, sit back and relax and enjoy maintenance free living. The newly renovated kitchen has upscale cherry cabinets with extra cabinets installed for plenty of storage. New granite counter tops throughout the kitchen and powder room provide an elegant touch while complimenting the stainless steel dishwasher, stove and microwave. The recent renovations as well as a very well taken care of make this a neat and clean

Last Agent to Sell the Property

Ralph Harvey

ListWithFreedom.com Listed on: 02/19/2018

ListWithFreedom.com

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $902

Year Built

  • Built in 1985

Lot Details

  • 3,040 Sq Ft Lot
  • Lot Dimensions are 30x70
  • Waterfront
  • South Facing Home
  • Cleared Lot

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,258 Sq Ft Home
  • Single Hung Windows

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower
  • Shower Only
  • Separate Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include insurance, maintenance structure, pest control
  • Cypress Cove Association, Phone Number (352) 746-6770
  • Cypress Cove Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$902

Year Built

Built in 1985

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Carport Y N: No
  • Directions: Approximately 1 mile west on Highway 44 (Gulf to Lake Highway) from the of 44/41 split. Left onto Cypress Cove Court.
  • Water Frontage Type: Waterfront
  • Garage Yn: No
  • Lot Size Acres: 0.07
  • Lot Size: 30x70
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse,Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Structure Type: Townhouse
  • Subdivision Name: Cypress Cove
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range Hood, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate
  • Interior Amenities: Stone Counters, Shower Only, Separate Shower, Tub Shower
  • Living Area: 1258.0
  • Window Features: Single Hung

Exterior Features

  • Construction Type: Frame
  • Direction Faces: South
  • Lot Features: Cleared
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Paved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association Name: cypress Cove
  • Phone: 352-746-6770
  • Association: Yes
  • Community Features: Community Pool, Sidewalks

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Pest Control

Schools

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

Lot Info

  • Lot Size Sq Ft: 3040.0
  • Zoning: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 902.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2018
Closed on
May 10, 2018
Sold by
Skelonis Carl D and Skelonis Faith A
Bought by
Pearson Charmain and Pearson Michael
Seller's Agent
Ralph Harvey
ListWithFreedom.com
List Price
$76,000
Sold Price
$71,500
Premium/Discount to List
-$4,500
-5.92%
Current Estimated Value
$166,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,448
Avg. Annual Appreciation
12.04%
Interest Rate
4.55%

Purchase Details

Listed on
Mar 23, 2015
Closed on
Jun 12, 2015
Sold by
Brown Barbara A and Nelsoin Barbara A
Bought by
Skelonis Carl D and Skelonis Faith A
Seller's Agent
Karen Morton
Century 21 J.W.Morton R.E.
Buyer's Agent
Charles Alexander
Alexander Real Estate, Inc.
List Price
$47,900
Sold Price
$41,500
Premium/Discount to List
-$6,400
-13.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.87%

Purchase Details

Closed on
Aug 30, 2004
Sold by
Thomas Carole Jane and Slattery Carole Jane
Bought by
Nelson Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,800
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 1993
Bought by
Skelonis Carl D and Skelonis Faith A

Purchase Details

Closed on
Feb 1, 1992
Bought by
Skelonis Carl D and Skelonis Faith A

Purchase Details

Closed on
Dec 1, 1988
Bought by
Skelonis Carl D and Skelonis Faith A

Purchase Details

Closed on
Apr 1, 1987
Bought by
Skelonis Carl D and Skelonis Faith A

Purchase Details

Closed on
Jan 1, 1987
Bought by
Skelonis Carl D and Skelonis Faith A
Source: Public Records

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
Pearson Charmain $71,500 --
Skelonis Carl D $41,500 American Title Svcs Citrus C
Nelson Barbara A $51,000 American Title Svcs Of Citru
Skelonis Carl D $45,000 --
Skelonis Carl D $100 --
Skelonis Carl D $55,600 --
Skelonis Carl D $46,000 --
Skelonis Carl D $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pearson Charmain --
Previous Owner Nelson Barbara A $40,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2018 05/13/18 Sold $71,500 -5.9% $57 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
02/19/2018 02/19/18 For Sale $76,000 +83.1% $60 / Sq Ft
07/01/2015 07/01/15 Sold $41,500 -13.4% $33 / Sq Ft View Prior Sale
06/01/2015 06/01/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $47,900 -- $38 / 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 $630 $65,907 -- --
2023 $630 $63,987 $0 $0
2022 $607 $62,123 $0 $0
2021 $597 $60,314 $0 $0
2020 $602 $59,481 $5,000 $54,481
2019 $619 $59,905 $6,600 $53,305
2018 $1,053 $55,189 $6,600 $48,589
2017 $902 $40,417 $6,600 $33,817
2016 $815 $35,518 $6,600 $28,918
2015 $862 $39,260 $6,600 $32,660
2014 $830 $37,050 $6,356 $30,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 770432

REALTORS® Association of Citrus County

APN: 20E-19S-16-0060-000B0-0010