$142,000
SOLD MAY 6, 2025

1280 Cypress Cove Ct Inverness, FL 34450

2 Beds
2.5 Baths
1,230 Sq Ft
$318/mo HOA Fee

Recently Sold

$115 Per Sq Ft

19% Below List Price

19 Days on Market

Highlights

  • Boat Ramp
  • Lake View
  • Balcony
  • Access To Lake
  • Community Pool
  • Laundry closet

About This Home

As of May 2025

Auction Property. Two units Sold Separately. The Second unit is 1234 Cypress Ct (MLS# TB8354543).....SALE HELD AT 1234 CYPRESS CT FIRST ON SATURDAY, MARCH 22nd at 12:00 pm - Noon. Preview from 11:00 am on sale day. Because this is an auction sale, the home may sell for less or more than the list price....Nestled on the scenic Inverness Chain of Lakes, this beautifully updated 2-bedroom, 2.5-bathroom townhome offers the perfect blend of comfort, convenience, and investment potential. Whether you're looking for a full-time residence, vacation getaway, or income-producing short-term rental, this property checks all the boxes! Ideally located just minutes from downtown Inverness, enjoy easy access to restaurants, shopping, the Withlacoochee State Trail, and endless outdoor activities. Freshly painted and with new flooring and ceiling fans, this home is move-in or rental-ready! The open-concept kitchen and living area provide a seamless flow, with a breakfast bar and dedicated dining space that overlooks the serene lake. Unlike some units in the community, this townhome features a traditional staircase and ample storage closets. Upstairs, both bedrooms have private en-suite bathrooms, ensuring comfort and privacy. The primary suite features two built-in closets and a balcony with breathtaking lake views, perfect for morning coffee or evening relaxation. A laundry closet with a stacked washer and dryer is conveniently located between the bedrooms. The guest suite includes its own bathroom with a walk-in shower. This sought-after community offers a sparkling pool, a private boat ramp, and a storage area, making it a prime choice for vacationers and renters alike. Short-term rentals are allowed, presenting a fantastic opportunity for passive income. Plus, the HOA covers exterior maintenance, roof care, lawn service, trash pickup, and more, allowing for a truly low-maintenance lifestyle. Don't miss your chance to own a turnkey lakefront rental or dream home in one of Inverness’s most desirable locations.........BUYER will receive a general warranty deed, free and clear of all debts, guaranteed with a title insurance policy at closing...WILL ENTERTAIN OFFERS PRIOR TO THE AUCTION SALE. See Attachments for offer Instructions. The 4-point Inspection will be Attached shortly and Available at the Preview.

Last Agent to Sell the Property

Michael Peters

AMERICAN HERITAGE REALTY, INC. Brokerage Phone: 727-726-7272 License #628000 Listed on: 03/03/2025

Last Buyer's Agent

Michael Peters

AMERICAN HERITAGE REALTY, INC. Brokerage Phone: 727-726-7272 License #628000 Listed on: 03/03/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,758

Year Built

  • Built in 1985

Lot Details

  • 1,675 Sq Ft Lot
  • Property fronts a freshwater canal
  • North Facing Home

HOA Fees

  • $318 Monthly HOA Fees

Property Views

  • Chain Of Lake
  • Canal

Home Design

  • Bi-Level Home
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,230 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Laminate Flooring
  • Crawl Space
  • Laundry closet

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs

Outdoor Features

  • Access To Lake
  • Access To Chain Of Lakes
  • Access to Freshwater Canal
  • Boat Ramp
  • Balcony

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, maintenance structure, ground maintenance, maintenance, recreational facilities, trash
  • Qualified Property Mgmt Association, Phone Number (352) 794-1900
  • Visit Association Website
  • Cypress Cove Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,758

Year Built

Built in 1985

Lot Details

0

HOA Fees

$318 per month

Listing Details

  • HOA Fee Includes: Pool, Maintenance Structure, Maintenance Grounds, Maintenance, Recreational Facilities, Trash
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Construction Materials: Frame
  • Fireplace: No
  • Living Area: 1230
  • Lot Size Acres: 0.04
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 1530
  • Lot Size Sq Ft: 1675
  • Directions to Property: From Inverness, take 44 E. and turn right onto Cypress Cove Court right after the Inverness boat ramp. Follow around and take the first left. The parking space for this will be on the right-hand side, see 1280 written on the spot.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1037999
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 115.45
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 727-726-7272
  • Tax Year: 2023
  • Special Features: 4160

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, PrimaryBedroom Upstairs
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Crawlspace, Pillar/Post/Pier
  • Total Bedrooms: 2
  • Levels: Two
  • Street Number Modifier: 1280
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 114.27
  • Room Count: 4

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Canal - Freshwater,Lake,Lake - Chain of Lakes
  • Water Extras: Boat Ramp - Private
  • Water Extras YN: 1
  • Water View: Canal,Lake,Lake - Chain of Lakes
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2014-09-26
  • Flood Zone Panel: 12017C0354D

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Septics: 0
  • Number of Wells: 0

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Street Lights
  • Association Fee: 318
  • Association Fee Frequency: Monthly
  • Association Name: Qualified Property mgmt
  • Phone: 352-794-1900
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Size and amount
  • Association Fee Requirement: Required
  • Building Name Number: BLDG D/1280
  • Association Email: Cathy@qualifiedproperty.com
  • Association URL: www.qualifiedproperty.com

Fee Information

  • Total Annual Fees: 3816.00
  • Total Monthly Fees: 318.00
  • Monthly HOA Amount: 318.00

Schools

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

Lot Info

  • Zoning: MD
  • Parcel Number: 20E-19S-16-0060-000D0-0050
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 156

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Breed Restrictions
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: No

Tax Info

  • Tax Annual Amount: 1758
  • Tax Block: D0
  • Tax Book Number: 12-119
  • Tax Lot: 50

Multi Family

  • Waterfront Features: Canal - Freshwater
  • Approval Process: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2025
Closed on
May 5, 2025
Sold by
Fieseler Angelika and Fieseler Heather
Bought by
Hill Benjamin M
Seller's Agent
Michael Peters
AMERICAN HERITAGE REALTY, INC.
Buyer's Agent
Michael Peters
AMERICAN HERITAGE REALTY, INC.
List Price
$175,000
Sold Price
$142,000
Premium/Discount to List
-$33,000
-18.86%
Views
15
Current Estimated Value
$146,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,168
Avg. Annual Appreciation
15.57%

Purchase Details

Listed on
May 7, 2018
Closed on
Apr 30, 2018
Sold by
Middlebrook Joan P
Bought by
Fieseler Angelika and Fieseler Heather
Seller's Agent
Kathi Anderson-Moore
The Holloway Group
Buyer's Agent
Kathi Anderson-Moore
The Holloway Group
Sold Price
$950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%

Purchase Details

Closed on
May 28, 2015
Sold by
Benkert Priscilla Dale Vega and Benkert Dale Vega
Bought by
Middlebrook Joan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 1, 1988
Bought by
Middlebrook Joan P

Purchase Details

Closed on
Nov 1, 1987
Bought by
Middlebrook Joan P

Purchase Details

Closed on
Nov 1, 1985
Bought by
Middlebrook Joan P

Purchase Details

Closed on
Aug 1, 1985
Bought by
Middlebrook Joan P
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 Type Sale Price Title Company
Warranty Deed $145,200 Pappas Law & Title
Warranty Deed $67,500 Stewart Title Co
Warranty Deed $38,000 First Intl Title Inc
Deed $42,500 --
Deed $40,400 --
Deed $100 --
Deed $82,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $26,000 Seller Take Back
Previous Owner $50,000 Credit Line Revolving
Previous Owner $22,950 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2025 05/06/25 Sold $142,000 -5.3% $115 / Sq Ft
03/22/2025 03/22/25 Pending -- -- --
03/17/2025 03/17/25 Price Changed $150,000 -6.3% $122 / Sq Ft
03/11/2025 03/11/25 Price Changed $160,000 -3.0% $130 / Sq Ft
03/05/2025 03/05/25 Price Changed $165,000 -5.7% $134 / Sq Ft
03/03/2025 03/03/25 For Sale $175,000 0.0% $142 / Sq Ft
05/07/2018 05/07/18 Rented $950 0.0% --
05/07/2018 05/07/18 For Rent $950 0.0% --
04/30/2018 04/30/18 Sold $67,500 -7.4% $55 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $72,900 -- $59 / Sq Ft
Source: Stellar MLS

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 $1,758 $134,502 $8,000 $126,502
2023 $1,758 $125,401 $8,000 $117,401
2022 $1,310 $67,003 $2,500 $64,503
2021 $1,143 $53,151 $2,500 $50,651
2020 $1,083 $49,624 $2,500 $47,124
2019 $1,227 $54,937 $6,600 $48,337
2018 $1,008 $52,672 $6,600 $46,072
2017 $864 $38,694 $6,600 $32,094
2016 $780 $34,013 $6,600 $27,413
2015 $32 $26,418 $6,600 $19,818
2014 $29 $26,208 $6,206 $20,002
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: TB8354875

Stellar MLS

APN: 20E-19S-16-0060-000D0-0050