NOT LISTED FOR SALE

1340 Cypress Cove Ct Inverness, FL 34450

Estimated Value: $165,000 - $173,000

2 Beds
2.5 Baths
1,230 Sq Ft
$137/Sq Ft Est. Value

Last Sold December 19, 2023

Last sale price $169,000 $137 Per Sq Ft

Current estimated payment $1,338/month

36 Days on Market

Highlights

  • Community Boat Facilities
  • Community Pool
  • Balcony
  • Home fronts a canal
  • Gazebo
  • Luxury Vinyl Plank Tile Flooring

About This Home

As of December 2023

Put this one on your list! This home features 2 bedrooms, 2 1/2 baths, 2 porches and an upstairs balcony to enjoy your view of the water. Use the community pool to cool off on those hot summer days or put your boat in the water (community boat ramp available) for quick access to the lake. Community is located close to downtown, rails to trails, restaurants and shopping.

Last Agent to Sell the Property

PATRICIA ANTONETTI

Epique Realty Inc License #3245073 Listed on: 10/04/2023

Co-Listed By

Melonie Haag

Epique Realty Inc License #3018574

Last Buyer's Agent

Geri Gaugler

ERA American Suncoast Realty License #3429614

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,732

Year Built

  • Built in 1985

Lot Details

  • 1,299 Sq Ft Lot
  • Home fronts a canal
  • Zero Lot Line
  • Property is zoned MD

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

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

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Laminate
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Canal Access
  • Balcony
  • Exterior Lighting
  • Gazebo

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • High Speed Internet

Community Details

Overview

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

Recreation

  • Community Boat Facilities
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,732

Year Built

Built in 1985

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Architectural Style: Multi-Level
  • Carport Y N: No
  • Co List Office Phone: (352) 794-0888
  • Directions: Hwy 44 east, right on Cypress Cove Ct , right after pool to unit on right
  • Water Frontage Type: Canal
  • Garage Yn: No
  • Lot Size Acres: 0.03
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Cypress Cove
  • Year Built: 1985
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator, Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Laminate, Luxury Vinyl Plank
  • Interior Amenities: Multiple Primary Suites
  • Living Area: 1230.0
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Balcony, Lighting
  • Foundation Details: Pillar/Post/Pier
  • Lot Features: Zero Lot Line
  • Other Structures: Gazebo
  • Patio And Porch Features: Balcony
  • Pool Features: None, Community
  • Roof: Asphalt, Shingle
  • Waterfront Features: Canal Access, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Association Name: Cypress Cove
  • Association: Yes
  • Community Features: Boat Facilities, Community Pool, Sidewalks

Fee Information

  • Association Fee Includes: Maintenance Grounds, Maintenance Structure, Pool(s), Street Lights, Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 1299.0
  • Zoning: MD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1732.43
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Dec 19, 2023
Sold by
Brady Bryan and Carman Graham Edwin
Bought by
Gaugler Geraldine Jones and Jones Joseph Edward
Seller's Agent
PATRICIA ANTONETTI
Epique Realty Inc
Buyer's Agent
Geri Gaugler
ERA American Suncoast Realty
List Price
$176,000
Sold Price
$169,000
Premium/Discount to List
-$7,000
-3.98%
Views
113
Current Estimated Value
$168,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$515
Avg. Annual Appreciation
-0.16%
Original Mortgage
$165,938
Outstanding Balance
$163,184
Interest Rate
7.5%
Mortgage Type
FHA
Estimated Equity
$5,301

Purchase Details

Listed on
May 25, 2020
Closed on
Jul 20, 2020
Sold by
Schoonmaker Tracey A and Gatlin Jesse C
Bought by
Brady Bryan and Carman Graham Edwin
Seller's Agent
J W Morton Property Management
J W Morton Property Management
Buyer's Agent
PATRICIA ANTONETTI
Epique Realty Inc
List Price
$79,900
Sold Price
$80,000
Premium/Discount to List
$100
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.52%
Original Mortgage
$64,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1989
Bought by
Schoonmaker Tracey A and Jesse C Gatlin 2Nd

Purchase Details

Closed on
Jul 1, 1987
Bought by
Schoonmaker Tracey A and Jesse C Gatlin 2Nd
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
Gaugler Geraldine Jones $169,000 Express Title Services
Brady Bryan $80,000 American Ttl Svcs Of Citrus
Schoonmaker Tracey A $48,900 --
Schoonmaker Tracey A $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaugler Geraldine Jones $165,938
Previous Owner Brady Bryan $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2023 12/19/23 Sold $169,000 0.0% $137 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
10/24/2023 10/24/23 Price Changed $169,000 -4.0% $137 / Sq Ft
10/04/2023 10/04/23 For Sale $176,000 +120.0% $143 / Sq Ft
07/24/2020 07/24/20 Sold $80,000 +0.1% $65 / Sq Ft View Prior Sale
06/24/2020 06/24/20 Pending -- -- --
05/25/2020 05/25/20 For Sale $79,900 0.0% $65 / Sq Ft
11/20/2015 11/20/15 Rented $750 0.0% --
10/21/2015 10/21/15 Under Contract -- -- --
07/31/2015 07/31/15 For Rent $750 -- --
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 $2,173 $147,091 $18,000 $129,091
2023 $2,173 $137,875 $18,000 $119,875
2022 $1,732 $88,320 $5,000 $83,320
2021 $1,512 $70,347 $5,000 $65,347
2020 $1,141 $55,701 $5,000 $50,701
2019 $1,091 $55,442 $6,600 $48,842
2018 $1,036 $54,575 $6,600 $47,975
2017 $885 $39,669 $6,600 $33,069
2016 $800 $34,849 $6,600 $28,249
2015 $823 $38,480 $6,600 $31,880
2014 $789 $35,810 $6,267 $29,543
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 827594

REALTORS® Association of Citrus County

APN: 20E-19S-16-0060-000I0-0020