NOT LISTED FOR SALE

1231 S Otto Point Inverness, FL 34450

Estimated Value: $222,000 - $339,000

2 Beds
2 Baths
1,134 Sq Ft
$257/Sq Ft Est. Value

About This Home

This home is located at 1231 S Otto Point, Inverness, FL 34450 and is currently estimated at $291,604, approximately $257 per square foot. 1231 S Otto Point is a home located in Citrus County with nearby schools including Inverness Primary School, Inverness Middle School, and Citrus High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2024
Sold by
Smith Pattie F
Bought by
Aloha Citrus Llc
Current Estimated Value
$291,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,891
Outstanding Balance
$233,494
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$71,687

Purchase Details

Closed on
Jul 22, 2013
Sold by
Vanderbilt Mortgage & Finance Inc
Bought by
Smith Bobby R and Smith Pattie F

Purchase Details

Closed on
Jul 2, 2013
Sold by
Smith Warren E and Smith Barbara Sue
Bought by
Vanderbilt Mortgage & Finance Inc

Purchase Details

Closed on
May 30, 2013
Sold by
Smith Warren E and Smith Barbara Sue
Bought by
Vanderbilt Mortgage & Finance Inc

Purchase Details

Closed on
Dec 30, 2003
Sold by
Smith Warren Everett
Bought by
Bisbee Chris

Purchase Details

Closed on
Apr 1, 1999
Bought by
Smith Bobby R and Smith Pattie F

Purchase Details

Closed on
Mar 1, 1985
Bought by
Smith Bobby R and Smith Pattie F

Purchase Details

Closed on
Oct 1, 1984
Bought by
Smith Bobby R and Smith Pattie F

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Aloha Citrus Llc $290,000 International Title
Aloha Citrus Llc $290,000 International Title
Smith Bobby R $38,000 Stewart Title Company
Vanderbilt Mortgage & Finance Inc $45,100 None Available
Vanderbilt Mortgage & Finance Inc $45,100 None Available
Bisbee Chris $68,500 --
Smith Bobby R $76,000 --
Smith Bobby R $50,000 --
Smith Bobby R $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aloha Citrus Llc $238,891
Closed Aloha Citrus Llc $238,891
Previous Owner Smith Bobby R $292,500
Previous Owner Smith Bobby R $205,500
Previous Owner Smith Bobby R $30,000
Source: Public Records

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 $1,214 $300,640 $146,000 $154,640
2023 $1,214 $110,956 $0 $0
2022 $1,136 $107,724 $0 $0
2021 $1,089 $104,586 $0 $0
2020 $1,025 $149,020 $46,020 $103,000
2019 $1,006 $142,790 $46,020 $96,770
2018 $976 $140,790 $46,020 $94,770
2017 $967 $96,908 $46,020 $50,888
2016 $972 $94,915 $24,550 $70,365
2015 $802 $83,352 $28,020 $55,332
2014 $813 $82,690 $22,711 $59,979
Source: Public Records

Map

Florida Citrus County Inverness 34450

1231 S Otto Point, Inverness, FL

Homes for Sale in Inverness, FL

This home is located at 1231 S Otto Point, Inverness, FL 34450 and is currently estimated at $291,604, approximately $257 per square foot. 1231 S Otto Point is a home located in Citrus County with nearby schools including Inverness Primary School, Inverness Middle School, and Citrus High School.

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.

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