NOT LISTED FOR SALE

1338 Cypress Cove Ct Inverness, FL 34450

Estimated Value: $160,943 - $165,000

2 Beds
2.5 Baths
1,230 Sq Ft
$133/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $79,000 $64 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,160/month

17 Days on Market

Highlights

  • Docks
  • Primary Bedroom Suite
  • Lake Privileges
  • Community Boat Facilities
  • Open Floorplan
  • Home fronts a canal

About This Home

As of January 2020

CYPRESS COVE COMPLETELY FURNISHED WATERFRONT TOWNHOME - 2 Bedroom 2-1/2 Bath with Front and Rear Porches Overlooking the water. Inverness City Limits, Close to Historic Downtown, Shopping, Restaurants, Parks, Medical Facilities. Currently Used As a Seasonal Rental - Tenant Occupied Through 3/31/19. All Furnishings and Appliances Included As Shown. This Unit Features a Conventional Staircase and Dock.

Last Agent to Sell the Property

J W Morton Property Management

J W Morton Property Management License #3247634 Listed on: 12/01/2019

Last Buyer's Agent

J W Morton Property Management

J W Morton Property Management License #3247634 Listed on: 12/01/2019

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,098

Year Built

  • Built in 1985

Lot Details

  • 1,313 Sq Ft Lot
  • Home fronts a canal
  • Property fronts a private road
  • Landscaped
  • Zero Lot Line

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Ridge Vents on the Roof
  • Asphalt Roof
  • HardiePlank Type

Interior Spaces

  • 1,230 Sq Ft Home
  • Multi-Level Property
  • Open Floorplan
  • Furnished
  • Single Hung Windows
  • Blinds
  • Sliding Doors

Kitchen

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

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Primary Bedroom Suite
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • Parking Available
  • Shared Driveway
  • Assigned Parking

Outdoor Features

  • Canal Access
  • Docks
  • Lake Privileges
  • Gazebo
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater

Community Details

Overview

  • Association fees include flood insurance, legal/accounting, ground maintenance, maintenance structure, pool(s), 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

$1,098

Year Built

Built in 1985

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Architectural Style: Multi-Level
  • Carport Y N: No
  • Co List Office Phone: (352) 726-9010
  • Directions: 44 East to right on Cypress Cove Court, follow to right, unit on right.
  • Water Frontage Type: Canal, Waterfront
  • Garage Yn: No
  • Lot Size Acres: 0.03
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse,Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Structure Type: Townhouse
  • Subdivision Name: Cypress Cove
  • Year Built: 1985
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Range Hood, Water Heater, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Flooring: Carpet, Laminate
  • Furnished: Furnished
  • Interior Amenities: Breakfast Bar, Furnished, Laminate Counters, Master Suite, Open Floorplan, Pantry, Tub Shower, Upper Level Master, Sliding Glass Door(s)
  • Living Area: 1230.0
  • Window Features: Blinds, Single Hung
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Frame, HardiPlank Type
  • Exterior Features: Landscaping, Rain Gutters
  • Foundation Details: Raised
  • Lot Features: Zero Lot Line
  • Other Structures: Gazebo
  • Pool Features: None, Community
  • Roof: Asphalt, Shingle, Ridge Vents
  • Waterfront Features: Boat Dock/Slip, Lake Privileges, Canal Access, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Assigned, Parking Space(s), Shared Driveway

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: In Unit
  • 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, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pool(s), Street Lights

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 1313.0
  • Zoning: MD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1098.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2019
Closed on
Jan 10, 2020
Sold by
Matze Antonius and Plugge Marina E
Bought by
Conter Mary Anne
Seller's Agent
J W Morton Property Management
J W Morton Property Management
Buyer's Agent
J W Morton Property Management
J W Morton Property Management
List Price
$82,500
Sold Price
$79,000
Premium/Discount to List
-$3,500
-4.24%
Current Estimated Value
$163,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,486
Avg. Annual Appreciation
13.41%
Original Mortgage
$75,050
Outstanding Balance
$66,437
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$97,049

Purchase Details

Closed on
May 5, 2004
Sold by
Lyons Carol C
Bought by
Matze Antonius and Plugge Marina E

Purchase Details

Closed on
Dec 17, 2002
Sold by
Lyons Carol C and Estate Of Mary V Catsos
Bought by
Lyons Carol C

Purchase Details

Closed on
Dec 1, 2002
Bought by
Matze Antonius and Plugge Marina E

Purchase Details

Closed on
Aug 1, 1993
Bought by
Matze Antonius and Plugge Marina E

Purchase Details

Closed on
Jun 1, 1989
Bought by
Matze Antonius and Plugge Marina E

Purchase Details

Closed on
Jul 1, 1987
Bought by
Matze Antonius and Plugge Marina E
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
Conter Mary Anne $79,000 American Ttl Svcs Of Citrus
Matze Antonius $44,500 Dba Crystal River Title
Lyons Carol C -- --
Matze Antonius $100 --
Matze Antonius $43,500 --
Matze Antonius $47,500 --
Matze Antonius $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conter Mary Anne $75,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2020 01/17/20 Sold $79,000 -4.2% $64 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
12/01/2019 12/01/19 For Sale $82,500 -- $67 / 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 $660 $71,541 -- --
2023 $660 $69,457 $0 $0
2022 $636 $67,434 $0 $0
2021 $627 $65,470 $5,000 $60,470
2020 $1,148 $55,701 $5,000 $50,701
2019 $1,098 $55,442 $6,600 $48,842
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 $826 $38,840 $6,600 $32,240
2014 $789 $35,810 $6,214 $29,596
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 788102

REALTORS® Association of Citrus County

APN: 20E-19S-16-0060-000I0-0030