NOT LISTED FOR SALE

1242 Cypress Cove Ct Inverness, FL 34450

Estimated Value: $162,000 - $175,013

2 Beds
2.5 Baths
1,230 Sq Ft
$138/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $85,000 $69 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,321/month

28 Days on Market

Highlights

  • Docks
  • RV Access or Parking
  • Lake View
  • Community Boat Facilities
  • Primary Bedroom Suite
  • Lake Privileges

About This Home

As of August 2020

Must see move in ready maintenance free townhouse in Cypress Cove. New flooring and custom paint through out. A/c replaced 2017. Park your boat out your backdoor to explore the miles of lakes. Half mile from Rails to Trail bike path. Only 1 mile from historic downtown Inverness. Community pool along with private boat ramp and trailer parking. Schedule your private showing today.

Last Agent to Sell the Property

Timothy Green

The Holloway Group License #3323684 Listed on: 06/17/2020

Last Buyer's Agent

Charles Kelly

Sellstate Next Generation Real License #3208361

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,238

Year Built

  • Built in 1987

Lot Details

  • 1,320 Sq Ft Lot
  • Home fronts a canal
  • Property fronts a private road
  • Irregular Lot
  • Property is zoned MD

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,230 Sq Ft Home
  • Multi-Level Property
  • Sliding Doors
  • Lake Views
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Primary Bedroom Suite

Parking

  • RV Access or Parking
  • Assigned Parking

Outdoor Features

  • Canal Access
  • Docks
  • Lake Privileges
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet

Community Details

Overview

  • Association fees include flood insurance, insurance, legal/accounting, ground maintenance, maintenance structure, pool(s), reserve fund, street lights, trash
  • Cypress Cove Association
  • Cypress Cove Subdivision

Amenities

  • Shops

Recreation

  • Community Boat Facilities
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,238

Year Built

Built in 1987

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Architectural Style: Multi-Level
  • Carport Y N: No
  • Directions: 41 N, L on 44 E, R on Cypress Cove Ct.
  • Water Frontage Type: Canal, Waterfront
  • Garage Yn: No
  • Lot Size Acres: 0.03
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Subdivision Name: Cypress Cove
  • Year Built: 1987
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Laminate Counters, Master Suite, Upper Level Master, Sliding Glass Door(s)
  • Living Area: 1230.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Balcony
  • Foundation Details: Crawlspace
  • Lot Features: Irregular Lot
  • Patio And Porch Features: Balcony
  • Pool Features: None, Community
  • Roof: Asphalt, Shingle
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake Privileges, Canal Access, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Assigned, Boat, RV Access/Parking

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association Name: CYPRESS COVE
  • Association: Yes
  • Community Features: Boat Facilities, Community Pool, Shopping, Street Lights, Sidewalks

Fee Information

  • Association Fee Includes: Flood Insurance, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pool(s), Reserve Fund, Street Lights, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 1320.0
  • Zoning: MD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1238.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
Aug 14, 2020
Sold by
Vrzovski Bozidar
Bought by
Love Tia M
Seller's Agent
Timothy Green
The Holloway Group
Buyer's Agent
Charles Kelly
Sellstate Next Generation Real
List Price
$94,900
Sold Price
$85,000
Premium/Discount to List
-$9,900
-10.43%
Current Estimated Value
$168,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,847
Avg. Annual Appreciation
14.96%
Original Mortgage
$85,858
Outstanding Balance
$77,014
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$93,863

Purchase Details

Closed on
Nov 27, 2018
Sold by
Scheall Dennis F and Kerns Helene M
Bought by
Scheall Dennis F and Kerns Helene M

Purchase Details

Closed on
Aug 2, 2007
Sold by
Rowand Clifford A and Rowand Virginia
Bought by
Scheall Dennis F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,420
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1996
Bought by
Scheall Dennis F

Purchase Details

Closed on
May 1, 1989
Bought by
Scheall Dennis F

Purchase Details

Closed on
May 1, 1987
Bought by
Scheall Dennis F

Purchase Details

Closed on
Apr 1, 1987
Bought by
Scheall Dennis F

Purchase Details

Closed on
Jan 1, 1987
Bought by
Scheall Dennis F
Source: Public Records

Range of Values:

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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
Love Tia M $85,000 Fidelity Title Services Llc
Scheall Dennis F $35,000 Attorney
Scheall Dennis F $90,900 Attorney
Scheall Dennis F $44,500 --
Scheall Dennis F $100 --
Scheall Dennis F $37,500 --
Scheall Dennis F $166,000 --
Scheall Dennis F $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Love Tia M $15,000
Open Love Tia M $85,858
Previous Owner Scheall Dennis F $75,450
Previous Owner Scheall Dennis F $86,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $85,000 -10.4% $69 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $94,900 -- $77 / 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 $2,094 $142,525 -- --
2023 $2,094 $138,374 $18,000 $120,374
2022 $1,764 $89,939 $5,000 $84,939
2021 $1,539 $71,603 $5,000 $66,603
2020 $1,255 $57,529 $5,000 $52,529
2019 $1,238 $55,442 $6,600 $48,842
2018 $0 $56,614 $6,600 $50,014
2017 $0 $28,062 $6,600 $21,462
2016 $0 $27,485 $6,600 $20,885
2015 -- $27,294 $6,600 $20,694
2014 -- $27,077 $5,918 $21,159
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Timothy Green

    The Holloway Group

  • C

    Buyer's Agent in 2020

    Charles Kelly

    Sellstate Next Generation Real

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 792386

REALTORS® Association of Citrus County

APN: 20E-19S-16-0060-000C0-0040

Florida Citrus County Inverness 34450

1242 Cypress Cove Ct, Inverness, FL

This home is located at 1242 Cypress Cove Ct, Inverness, FL 34450 since 17 June 2020 and is currently estimated at $169,753, approximately $138 per square foot. This property was built in 1987. 1242 Cypress Cove Ct 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.

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.
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