NOT LISTED FOR SALE

1343 N Prospect Ave Lecanto, FL 34461

Lecanto Neighborhood

Estimated Value: $532,000 - $722,000

4 Beds
3 Baths
3,638 Sq Ft
$166/Sq Ft Est. Value

Last Sold February 24, 2016

Last sale price $200,000 $55 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $3,725/month

21 Days on Market

Highlights

  • In Ground Pool
  • Contemporary Architecture
  • No HOA
  • Two Primary Bedrooms
  • Solid Surface Countertops
  • 3 Car Attached Garage

About This Home

As of February 2016

MULTIPLE OFFER DEADLINE 2/1/16 12 PM. SEE ATTACHMENTS. Come see this floor plan loaded with flexibility! Office could be 5th BR, BRs 2&3 share a bath ideal for a second master with sitting area, fireplace for chilly nights and pool for hot days. Work needed--roof, drywall, flooring, and more. Will be worth the effort when done! Was a beautiful home, and will be again! This property is eligible under the Freddie Mac First Look Initiative through 01/24/16. Buyer to pay doc stamps on deed & closing fee. Please provide proof of funds or prequal letter with offer. Escrow to be wired upon acceptance. NO POWER OR WATER FOR INSPECTIONS.

Last Agent to Sell the Property

Karen Stukes

ERA American Suncoast Realty License #618246 Listed on: 01/04/2016

Last Buyer's Agent

Lawanda Watt

Century 21 J.W.Morton R.E. License #3276809

Century 21 J.W.Morton R.E.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,696

Year Built

  • Built in 1990

Lot Details

  • 1.05 Acre Lot
  • Lot Dimensions are 150x333
  • Property fronts a county road
  • West Facing Home
  • Rectangular Lot
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,638 Sq Ft Home
  • Wet Bar
  • Tray Ceiling
  • Gas Fireplace
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Garden Bath
  • Separate Shower

Pool

  • In Ground Pool
  • Screen Enclosure

Schools

  • Forest Ridge Elementary School
  • Lecanto Middle School
  • Lecanto High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

Overview

  • No Home Owners Association
  • Timberlane Est. Subdivision

Amenities

  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,696

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Architectural Style: Contemporary
  • Carport Y N: No
  • Directions: From Norvell Bryant Hwy (Hwy 486), turn into Timberlane Estates on Prospect Ave, and follow to home on left.
  • Garage Yn: Yes
  • Lot Size Acres: 1.05
  • Lot Size: 150x333
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Timberlane Est.
  • Year Built: 1990
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Built-In Oven, Electric Cooktop, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Wet Bar, Breakfast Bar, Bathtub, Tray Ceiling(s), Eat-in Kitchen, Fireplace, Garden Tub/Roman Tub, Multiple Master Suites, Split Bedrooms, Solid Surface Counters, Separate Shower, Tub Shower, Walk-In Closet(s), First Floor Entry
  • Living Area: 3638.0

Exterior Features

  • Construction Type: Stucco
  • Direction Faces: West
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block, Slab
  • Lot Features: Flat, Rectangular
  • Pool Features: In Ground, Pool, Screen Enclosure
  • Roof: Tile
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Concrete, Driveway, Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: Shopping

Schools

  • Elementary School: Forest Ridge
  • High School: Lecanto
  • Middle Or Junior School: Lecanto

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2696.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2016
Closed on
Feb 24, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mercado Herbert A and Mercado Fatima
Seller's Agent
Karen Stukes
ERA American Suncoast Realty
Buyer's Agent
Lawanda Watt
Century 21 J.W.Morton R.E.
List Price
$224,900
Sold Price
$200,000
Premium/Discount to List
-$24,900
-11.07%
Current Estimated Value
$605,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,383
Avg. Annual Appreciation
12.12%

Purchase Details

Closed on
Oct 27, 2015
Sold by
Webster Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 15, 2015
Sold by
Schrantz Margaret M and Webster Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 24, 2000
Sold by
Williams Marian E
Bought by
Schrantz Kevin and Schrantz Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
7.9%

Purchase Details

Closed on
Jan 1, 2000
Bought by
Mercado Herbert A and Mercado Fatima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
7.9%

Purchase Details

Closed on
May 1, 1993
Bought by
Mercado Herbert A and Mercado Fatima

Purchase Details

Closed on
Feb 1, 1990
Bought by
Mercado Herbert A and Mercado Fatima

Purchase Details

Closed on
Aug 1, 1979
Bought by
Mercado Herbert A and Mercado Fatima
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
Mercado Herbert A $200,000 Attorney
Federal Home Loan Mortgage Corporation -- None Available
Federal Home Loan Mortgage Corporation $65,200 None Available
Schrantz Kevin $260,000 Nature Coast Title Company I
Williams Marian E -- Nature Coast Title Company I
Mercado Herbert A $100 --
Mercado Herbert A $222,500 --
Mercado Herbert A $23,500 --
Mercado Herbert A $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schrantz Kevin $234,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2016 02/24/16 Sold $200,000 -11.1% $55 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $224,900 -- $62 / 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 $6,675 $370,894 -- --
2023 $6,675 $398,110 $0 $0
2022 $5,935 $453,841 $26,060 $427,781
2021 $4,899 $329,016 $17,500 $311,516
2020 $4,470 $300,415 $18,250 $282,165
2019 $4,241 $287,893 $17,290 $270,603
2018 $3,926 $261,460 $17,290 $244,170
2017 $3,591 $227,688 $17,170 $210,518
2016 $3,900 $238,316 $17,600 $220,716
2015 $2,696 $198,430 $15,580 $182,850
2014 $2,983 $210,110 $17,325 $192,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 723384

REALTORS® Association of Citrus County

APN: 18E-18S-27-001A-00000-1070