NOT LISTED FOR SALE

1322 Cypress Cove Ct Inverness, FL 34450

Estimated Value: $154,000 - $164,000

2 Beds
2.5 Baths
1,230 Sq Ft
$250/mo HOA Fee

Last Sold May 31, 2019

Last sale price $65,000 $53 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,122/month

174 Days on Market

Highlights

  • Waterfront
  • 1 Fireplace
  • Breakfast Bar
  • Wood Flooring
  • Balcony
  • Guest Parking

About This Home

As of May 2019

''Citrus County'' offers you a breath taking Waterfront Condo!!! If you are looking to getaway from the busy city life for quiet and quaint; then take a look at this amazing 2 bedrooms 2 1/2 bathrooms waterfront condo, that is tucked and nestled among beautiful oak trees overlooking a crystal lake. You will enjoy picturesque scenery; as you sit on your private patio, to read a book with a cup of your favorite beverage or to entertain friends. You can enjoy Salt water and Fresh water fishing, so don't forget your Boat. This condo is also in proximity of two other lakes in the area and about 30 minutes to the Beach. Don't let this gem pass you by, because this one won't last long!!!

Last Agent to Sell the Property

CHEANA LEON

WATSON REALTY CORP License #3304115 Listed on: 12/03/2018

Last Buyer's Agent

NON MLS

NON MLS (realMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $477

Year Built

  • Built in 1985

Lot Details

  • 1,220

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,230 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Additional Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 20E19S160060000H00050

Community Details

Overview

  • Cypress Cove Association, Phone Number (352) 746-6770
  • Cypress Cove Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$477

Year Built

Built in 1985

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Attached Yn: Yes
  • New Construction: No
  • Stories: 2
  • Year Built: 1985
  • Property Sub Type: Condominium
  • Subdivision Name: Cypress Cove
  • Entry Level: 1
  • Smart Home Features:Dishwasher2: Yes
  • General Property Information Living Area2: 1230.0
  • General Property Information Waterfront YN: Yes
  • General Property Information New Construction YN: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Wood: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Security Features Smoke Detector(s): Yes
  • General Property Information Association Phone: 352-746-6770
  • General Property Information Stories Total: 2
  • General Property Information Entry Level2: 1.0
  • Smart Home Features Smoke Detector: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms
  • Major Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Living Area: 1230.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances Dishwasher: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Electric Range: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Waterfront: Yes
  • Exterior: Balcony
  • Roof: Shingle
  • Lot Features: Other
  • Pool Features: Heated
  • Construction Type: Frame, Wood Siding
  • Exterior Features:Balcony: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Waterfront Features:Lake Front: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking, Guest
  • Parking Features:Guest: Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Other10: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Monthly
  • Amenities: Trash
  • Association #2 Fee Frequency: One Time
  • Association Name: Cypress Cove
  • Phone: 352-746-6770
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 250.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Name: Cypress Cove
  • Association Amenities:Trash: Yes
  • General Property Information:Association Fee 2 Frequency: One Time

Lot Info

  • Current Use: Multi-Family
  • Parcel #: 20E19S160060000H00050
  • Zoning Description: Condominium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2018
Closed on
May 29, 2019
Sold by
Schuman William J and Schuman Jacquelyn R
Bought by
Campton Harold E and Campton Mary E
Seller's Agent
CHEANA LEON
WATSON REALTY CORP
Buyer's Agent
NON MLS
NON MLS (realMLS)
List Price
$85,000
Sold Price
$65,000
Premium/Discount to List
-$20,000
-23.53%
Current Estimated Value
$158,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,947
Avg. Annual Appreciation
14.97%

Purchase Details

Listed on
Jan 4, 2015
Closed on
Mar 18, 2015
Sold by
Nelson Linda
Bought by
Schuman William J and Schuman Jacquelyn R
Seller's Agent
Tony Pauelsen
Top Performance Real Est. Cons
Buyer's Agent
Tony Pauelsen
Top Performance Real Est. Cons
List Price
$52,500
Sold Price
$50,500
Premium/Discount to List
-$2,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%

Purchase Details

Closed on
Jun 14, 2011
Sold by
Robertson Danny
Bought by
Nelson Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,375
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2011
Sold by
Milligan Irene and Milligan Mike
Bought by
Robertson Danny and 1322 Cypress Cove Ct Trust

Purchase Details

Closed on
Mar 3, 2011
Sold by
Milligan Irene
Bought by
Bbnt Capital Corp

Purchase Details

Closed on
Apr 7, 2006
Sold by
Chapman James K and Chapman Dona J
Bought by
Milligan Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 15, 2005
Sold by
Wines Guy A and Wines Deborah Ann
Bought by
Chapman James K and Chapman Dona J

Purchase Details

Closed on
Dec 1, 1992
Bought by
Schuman William J and Schuman Jacquelyn R

Purchase Details

Closed on
Sep 1, 1989
Bought by
Schuman William J and Schuman Jacquelyn R

Purchase Details

Closed on
Jul 1, 1987
Bought by
Schuman William J and Schuman Jacquelyn R
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
Campton Harold E $65,000 First International Ttl Inc
Schuman William J $50,500 First Intl Title Inc
Nelson Linda $32,500 Attorney
Robertson Danny $16,100 None Available
Bbnt Capital Corp $16,001 None Available
Milligan Irene $110,000 Diversified Title Llc
Chapman James K $81,000 Citrus Land Title Llc
Schuman William J $43,000 --
Schuman William J $48,900 --
Schuman William J $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Linda $24,375
Previous Owner Milligan Irene $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2023 12/17/23 Off Market $65,000 -- --
05/31/2019 05/31/19 Sold $65,000 -23.5% $53 / Sq Ft
05/26/2019 05/26/19 Pending -- -- --
12/03/2018 12/03/18 For Sale $85,000 +68.3% $69 / Sq Ft
03/20/2015 03/20/15 Sold $50,500 -3.8% $41 / Sq Ft View Prior Sale
02/18/2015 02/18/15 Pending -- -- --
01/01/2015 01/01/15 For Sale $52,500 -- $43 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

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 $477 $57,981 -- --
2023 $477 $56,292 $0 $0
2022 $555 $54,652 $0 $0
2021 $544 $53,060 $0 $0
2020 $548 $56,191 $5,000 $51,191
2019 $1,109 $55,962 $6,600 $49,362
2018 $1,042 $54,575 $6,600 $47,975
2017 $893 $40,008 $6,600 $33,408
2016 $807 $35,153 $6,600 $28,553
2015 $887 $38,840 $6,600 $32,240
2014 $50 $27,077 $6,214 $20,863
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    CHEANA LEON

    WATSON REALTY CORP

  • N

    Buyer's Agent in 2019

    NON MLS

    NON MLS (realMLS)

    NON MLS
    Section Image

  • T

    Seller's Agent in 2015

    Tony Pauelsen

    Top Performance Real Est. Cons

    (352) 794-6010

    1 in this area

    26 Total Sales

    Tony Pauelsen
    Section Image
See All Agents

Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 969424

realMLS (Northeast Florida Multiple Listing Service)

APN: 20E-19S-16-0060-000H0-0050

Florida Citrus County Inverness 34450

1322 Cypress Cove Ct, Inverness, FL

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realMLS (Northeast Florida Multiple Listing Service) 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. Data is deemed reliable but is not guaranteed accurate by NEFMLS.

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