NOT LISTED FOR SALE

1292 Cypress Cove Ct Inverness, FL 34450

Estimated Value: $148,000 - $171,000

2 Beds
2.5 Baths
1,230 Sq Ft
$131/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $57,900 $47 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $1,270/month

2 Days on Market

Highlights

  • Community Boat Facilities
  • Home fronts a canal
  • Bathtub with Shower
  • In Ground Pool
  • Breakfast Bar
  • Shops

About This Home

As of January 2020

Great Investment Opportunity. Unit has tenants in place with rental rate at $875/month. This is a 2 bedroom, 2 1/2 bath townhome located in Cypress Cove, just minutes from downtown Inverness. This townhome is approx. 1260 sq ft living with an open concept first floor, kitchen with breakfast bar to dining and living area opening onto the lower screen porch. There is a half bath on this level. Kitchen comes with range, refrigerator, dishwasher and microwave. Upstairs you will find two bedrooms with their own bathrooms. The master is on the back side with it's own porch. Priced to sell and will be paying you from day one. Must honor lease. Tenant in place until July 2020

Last Agent to Sell the Property

Marguerite Budnick

Castro Realty & Property Manag License #561554 Listed on: 01/03/2020

Last Buyer's Agent

William Decker

REALTRUST REALTY License #3087503

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,026

Year Built

  • Built in 1984

Lot Details

  • Home fronts a canal
  • Zero Lot Line

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • HardiePlank Type

Interior Spaces

  • 1,230 Sq Ft Home
  • Multi-Level Property
  • Blinds
  • Sliding Windows

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Range Hood
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

Parking

  • Parking Available
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Canal Access

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities

Community Details

Overview

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

Amenities

  • Shops
  • Laundry Facilities

Recreation

  • Community Boat Facilities
  • Community Pool

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,026

Year Built

Built in 1984

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Architectural Style: Multi-Level
  • Carport Y N: No
  • Directions: Hwy 41 south to 44 east to right on Cypress Cove Ct. Unit is in first building of the center units
  • Water Frontage Type: Canal
  • Garage Yn: No
  • 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: 1984
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Refrigerator, Range Hood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Breakfast Bar, Laminate Counters, Pantry, Tub Shower, Upper Level Master
  • Living Area: 1230.0
  • Window Features: Blinds, Sliding
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Frame, HardiPlank Type
  • Lot Features: Zero Lot Line
  • Pool Features: In Ground, None, Community
  • Roof: Asphalt, Shingle
  • Waterfront Features: Canal Access, Water Access
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Parking Space(s)

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Laundry - Living Area, In Unit, Stacked
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Association Name: Cypress Cove POA
  • Association: Yes
  • Community Features: Boat Facilities, Community Pool, Laundry Facilities, Shopping, Street Lights

Fee Information

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

Schools

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

Lot Info

  • Zoning: MD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1026.4
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2020
Closed on
Jan 17, 2020
Sold by
Midge Properties Llc
Bought by
Beaulieu Mark Anthony and Mab Investment Trust
Seller's Agent
Marguerite Budnick
Castro Realty & Property Manag
Buyer's Agent
William Decker
REALTRUST REALTY
List Price
$59,900
Sold Price
$57,900
Premium/Discount to List
-$2,000
-3.34%
Current Estimated Value
$160,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,856
Avg. Annual Appreciation
20.75%

Purchase Details

Closed on
Jan 17, 2005
Sold by
Clark Richard A and Clark Ann M
Bought by
Midge Properties Llc

Purchase Details

Closed on
Oct 1, 1996
Bought by
Midge Properties Llc and Attn Castro Realty

Purchase Details

Closed on
Jan 1, 1988
Bought by
Midge Properties Llc and Attn Castro Realty

Purchase Details

Closed on
Dec 1, 1984
Bought by
Midge Properties Llc and Attn Castro Realty
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
Beaulieu Mark Anthony $57,900 Southern Security Ttl Svcs I
Midge Properties Llc $77,900 Dba Crystal River Title
Midge Properties Llc $41,000 --
Midge Properties Llc $65,000 --
Midge Properties Llc $64,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $57,900 -3.3% $47 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
12/30/2019 12/30/19 For Sale $59,900 -- $49 / 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 $1,733 $134,502 $8,000 $126,502
2023 $1,733 $63,306 $0 $0
2022 $1,296 $67,003 $2,500 $64,503
2021 $1,125 $52,319 $2,500 $49,819
2020 $1,036 $47,491 $2,500 $44,991
2019 $1,026 $49,787 $6,600 $43,187
2018 $990 $51,694 $6,600 $45,094
2017 $849 $38,016 $6,600 $31,416
2016 $767 $33,451 $6,600 $26,851
2015 $809 $38,860 $6,600 $32,260
2014 $763 $34,560 $6,148 $28,412
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Marguerite Budnick

    Castro Realty & Property Manag

    (352) 228-0876

    4 in this area

    20 Total Sales

    Marguerite Budnick
    Section Image
  • William Decker

    Buyer's Agent in 2020

    William Decker

    REALTRUST REALTY

    (352) 464-0647

    1 in this area

    102 Total Sales

    William Decker
    Section Image
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Map

Source: REALTORS® Association of Citrus County

MLS Number: 788341

REALTORS® Association of Citrus County

APN: 20E-19S-16-0060-000E0-0050

Florida Citrus County Inverness 34450

1292 Cypress Cove Ct, Inverness, FL

This home is located at 1292 Cypress Cove Ct, Inverness, FL 34450 since 03 January 2020 and is currently estimated at $160,756, approximately $130 per square foot. This property was built in 1984. 1292 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.
Information is deemed reliable but not guaranteed.

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