$5,000
SOLD NOV 25, 2015

Inverness, FL 34453

0.58 Acre
$8,621 Price per Acre
25,265 Sq Ft Lot

Recently Sold

$2 Per Sq Ft

67% Below List Price

401 Days on Market

About This Lot

As of September 2021

Corner lot in Cambridge Greens/Citrus Hills, perfect for building your dream home. Close to shopping, dining, doctors, hospitals, golf. Easy access to any where you need to go. Huge price reduction from when seller had listed six years ago. Priced to sell.

Last Agent to Sell the Property

Nancy Little-Lewis

Compass Homes and Land LLC License #3106710 Listed on: 10/03/2014

Compass Homes and Land LLC

Last Buyer's Agent

Nancy Little-Lewis

Compass Homes and Land LLC License #3106710 Listed on: 10/03/2014

Compass Homes and Land LLC

Property Details

Property Type

  • Land

Lot Details

  • 0.58 Acre Lot
  • Corner Lot

HOA Fees

  • Property has a Home Owners Association

Utilities

  • Septic Needed

Community Details

Overview

  • Citrus Hills Cambridge Greens Subdivision

Amenities

  • Shops

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Directions: Hwyy 19 heading North turn Right on HWY 44, Left on 486, Right on Annapolis Ave, Left on Hartford St, Right on Mediterranean Way
  • Lot Size Acres: 0.58
  • Lot Size: 102.17 x 227.49 mol
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Citrus Hills - Cambridge Greens
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Single Family

Exterior Features

  • Lot Features: Corner Lot
  • Other Structures: None
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Cable Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association #2 Fee: 100.0
  • Association #2 Fee Frequency: Annually
  • Association: Yes
  • Community Features: Shopping

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 245.1
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Sep 8, 2021
Sold by
White Robert B and White Marian Anne
Bought by
R & B Builders Of Citrus County Llc
Seller's Agent
Susan Grine
ERA American Suncoast Realty
List Price
$425,000
Sold Price
$385,000
Premium/Discount to List
-$40,000
-9.41%
Current Estimated Value
$422,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,812
Avg. Annual Appreciation
1.90%
Original Mortgage
$258,000
Outstanding Balance
$237,305
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$176,389

Purchase Details

Listed on
Nov 30, 2018
Closed on
Jan 16, 2020
Sold by
Franzese Matthew Victor and Franzeses Matthew Victor
Bought by
R & B Builders Of Citrus County Llc
Seller's Agent
Stephen Dobbyn
Berkshire Hathaway Homeservice
Buyer's Agent
Susan Grine
ERA American Suncoast Realty
List Price
$10,000
Sold Price
$9,000
Premium/Discount to List
-$1,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
874.13%

Purchase Details

Listed on
Oct 3, 2014
Closed on
Nov 25, 2015
Sold by
Cool Troy
Bought by
Franzeses Matthew Victor
Seller's Agent
Nancy Little-Lewis
Compass Homes and Land LLC
Buyer's Agent
Nancy Little-Lewis
Compass Homes and Land LLC
List Price
$14,995
Sold Price
$5,000
Premium/Discount to List
-$9,995
-66.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.22%

Purchase Details

Closed on
Oct 22, 2004
Sold by
Mcgarry Kieran P and Mcgarry Beverly K
Bought by
Cool Troy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,900
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1992
Bought by
Franzesea Matthew Victor

Purchase Details

Closed on
Jun 1, 1992
Bought by
Franzesea Matthew Victor
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $385,000 Citrus Title Company Llc
Warranty Deed $9,000 Manatee Title Llc
Warranty Deed $5,000 Express Title Svcs Citrus In
Warranty Deed $33,500 Citrus Land Title
Deed $12,200 --
Deed $23,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $258,000 New Conventional
Previous Owner $27,900 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $385,000 -9.4% $187 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $425,000 +4622.2% $206 / Sq Ft
01/16/2020 01/16/20 Sold $9,000 -10.0% $4 / Sq Ft
12/17/2019 12/17/19 Pending -- -- --
11/30/2018 11/30/18 For Sale $10,000 +100.0% $5 / Sq Ft
11/25/2015 11/25/15 Sold $5,000 -66.7% $2 / Sq Ft
10/26/2015 10/26/15 Pending -- -- --
09/20/2014 09/20/14 For Sale $14,995 -- $7 / 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 $4,371 $331,487 -- --
2023 $4,371 $321,832 $0 $0
2022 $4,089 $312,458 $13,950 $298,508
2021 $172 $11,750 $11,750 $0
2020 $197 $11,750 $11,750 $0
2019 $191 $11,750 $11,750 $0
2018 $163 $11,750 $11,750 $0
2017 $140 $8,910 $8,910 $0
2016 $177 $10,840 $10,840 $0
2015 $223 $13,360 $13,360 $0
2014 $230 $13,345 $13,345 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Susan Grine

    ERA American Suncoast Realty

    (352) 228-9416

    5 in this area

    32 Total Sales

    Susan Grine
    Section Image

  • S

    Seller's Agent in 2020

    Stephen Dobbyn

    Berkshire Hathaway Homeservice

  • Nancy Little-Lewis

    Seller's Agent in 2015

    Nancy Little-Lewis

    Compass Homes and Land LLC

    (907) 382-4557

    115 Total Sales

    Nancy Little-Lewis
    Section Image
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Source: REALTORS® Association of Citrus County

MLS Number: 713427

REALTORS® Association of Citrus County

APN: 19E-18S-33-0020-00090-0220

Florida Citrus County Inverness

34453

This home and is currently priced at $5,000, approximately $2 per square foot. This home is a home located in Citrus County with nearby schools including Hernando Elementary 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.
Information is deemed reliable but not guaranteed.

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