NOT LISTED FOR SALE

1318 Cypress Cove Ct Unit 2421061 Inverness, FL 34450

Estimated Value: $166,000 - $183,602

2 Beds
2.5 Baths
1,230 Sq Ft
$140/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $187,000 $152 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,478/month

10 Days on Market

Highlights

  • Docks
  • Lake View
  • Home fronts a canal
  • Boat Ramp
  • Lake Privileges
  • Corner Lot

About This Home

As of October 2022

WATERFRONT, WATERFRONT!! Paradise Awaits You! Newly renovated 2/2.5 that features a BRAND NEW kitchen w/granite countertops, upgraded cabinets and SS appliances. BRAND NEW vinyl plank flooring throughout, ceiling fans, light fixtures, electrical outlets and switches. Climb the Cypress steps to the master suite with balcony and newly renovated Master Bath. Step out back and you are a few feet away from your Private Boat Dock with water access to the Apopka Chain Of Lakes-just moments away! Cypress Cove Community offers a Community Pool and Private Boat Ramp. Cypress Cove is only minutes to Pedestrian Friendly Downtown Inverness and Bike Trail. This is one of Citrus County's BEST WATETERFRONT VALUES!! Schedule your preview today-this one won't last long!!

Last Agent to Sell the Property

Carl Ramm

Carl J. Ramm License #673168 Listed on: 09/02/2022

Last Buyer's Agent

Peggy Hendricks

Home Finder Realty License #3345471

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,197

Year Built

  • Built in 1985

Lot Details

  • 2,614 Sq Ft Lot
  • Home fronts a canal
  • Property fronts a county road
  • Level Lot
  • Cleared Lot

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Split Level Home
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,230 Sq Ft Home
  • Multi-Level Property
  • Luxury Vinyl Plank Tile Flooring
  • Lake Views

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Outdoor Features

  • Canal Access
  • Boat Ramp
  • Docks
  • Lake Privileges

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, pest control, pool(s), street lights
  • Cypress Cove Association
  • Cypress Cove Subdivision

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,197

Year Built

Built in 1985

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Architectural Style: Multi-Level, Split-Level
  • Carport Y N: No
  • Directions: 44 east, right on cypress court,go thru entrance bear right.
  • Water Frontage Type: Canal
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • Lot Size Acres: 0.06
  • New Construction: No
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium,Townhouse
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Structure Type: Townhouse
  • Subdivision Name: Cypress Cove
  • Year Built: 1985
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Freezer, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Luxury Vinyl Plank
  • Living Area: 1230.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Disclosures: Owner Is Listing Agent
  • Foundation Details: Pillar/Post/Pier
  • Lot Features: Cleared, Corner Lot, Flat
  • Pool Features: None, Community
  • Roof: Asphalt, Shingle
  • View: Lake
  • View: Yes
  • Waterfront Features: Boat Dock/Slip, Boat Ramp/Lift Access, Lake Privileges, Water Access, Canal Access, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Association Name: Cypress Cove
  • Association: Yes
  • Community Features: Community Pool

Fee Information

  • Association Fee Includes: Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), 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: 1197.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Oct 13, 2022
Sold by
1 Call Home Services
Bought by
Pollard Randall P and Pollard Edith R
Seller's Agent
Carl Ramm
Carl J. Ramm
Buyer's Agent
Peggy Hendricks
Home Finder Realty
List Price
$219,900
Sold Price
$187,000
Premium/Discount to List
-$32,900
-14.96%
Current Estimated Value
$172,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,849
Avg. Annual Appreciation
-2.84%
Original Mortgage
$149,600
Outstanding Balance
$144,290
Interest Rate
6.02%
Mortgage Type
Balloon
Estimated Equity
$27,861

Purchase Details

Closed on
Oct 1, 2004
Bought by
Robert J Eldredge Co

Purchase Details

Closed on
Sep 1, 2004
Bought by
Robert J Eldredge Co

Purchase Details

Closed on
Aug 19, 2004
Sold by
Pilkington Robert L and Pilkington Bonnie G
Bought by
Amsouth Bank

Purchase Details

Closed on
Nov 1, 1991
Bought by
Robert J Eldredge Co

Purchase Details

Closed on
Apr 1, 1991
Bought by
Robert J Eldredge Co

Purchase Details

Closed on
May 1, 1988
Bought by
Robert J Eldredge Co

Purchase Details

Closed on
Jul 1, 1987
Bought by
Robert J Eldredge Co
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
Pollard Randall P $187,000 Express Title Services
Robert J Eldredge Co $54,900 --
Robert J Eldredge Co $100 --
Amsouth Bank -- --
Robert J Eldredge Co $48,000 --
Robert J Eldredge Co $1,000 --
Robert J Eldredge Co $180,000 --
Robert J Eldredge Co $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pollard Randall P $149,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $187,000 -15.0% $152 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $219,900 -- $179 / 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 $3,179 $153,087 $18,000 $135,087
2023 $3,179 $143,486 $18,000 $125,486
2022 $1,433 $80,648 $5,000 $75,648
2021 $1,247 $64,014 $5,000 $59,014
2020 $1,129 $54,462 $5,000 $49,462
2019 $1,080 $54,259 $6,600 $47,659
2018 $1,026 $53,577 $6,600 $46,977
2017 $879 $39,347 $6,600 $32,747
2016 $795 $34,644 $6,600 $28,044
2015 $846 $38,290 $6,600 $31,690
2014 $817 $36,470 $6,420 $30,050
Source: Public Records

Agents Affiliated with this Home

  • Carl Ramm

    Seller's Agent in 2022

    Carl Ramm

    Carl J. Ramm

    (352) 400-1501

    4 in this area

    42 Total Sales

    Carl Ramm
    Section Image
  • Peggy Hendricks

    Buyer's Agent in 2022

    Peggy Hendricks

    Home Finder Realty

    (352) 201-2201

    19 in this area

    75 Total Sales

    Peggy Hendricks
    Section Image
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Map

Source: REALTORS® Association of Citrus County

MLS Number: 816379

REALTORS® Association of Citrus County

APN: 20E-19S-16-0060-000G0-0010

Florida Citrus County Inverness 34450

1318 Cypress Cove Ct Unit 2421061, Inverness, FL

This home is located at 1318 Cypress Cove Ct Unit 2421061, Inverness, FL 34450 since 02 September 2022 and is currently estimated at $172,151, approximately $139 per square foot. This property was built in 1985. 1318 Cypress Cove Ct Unit 2421061 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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