NOT LISTED FOR SALE

1423 N Lagoon Point Inverness, FL 34453

Estimated Value: $579,000 - $955,532

4 Beds
3 Baths
4,262 Sq Ft
$185/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $300,000 $70 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $5,122/month

355 Days on Market

Highlights

  • Barn
  • RV Access or Parking
  • Waterfront
  • In Ground Pool
  • Two Primary Bedrooms
  • 40.94 Acre Lot

About This Home

As of August 2016

Live in this sprawling ranch style pool home on your own peninsula among 40+ acres of natural FL habitat. Spend your days relaxing in peace & tranquility from the scenery & surrounding nature. Entertain family & friends by the sparkling pool or BBQ under the pavilion as you watch them play yard games or jump in your kayak or boat & head to Lake Tsala Apopka for some bass fishing. Step inside to the living room w/cathedral ceiling & beautiful stone fireplace w/sliders to the FL Rm. The adjoining 20X12 room is currently used as an office but has endless possibilities. Guest suite/2nd master is split from the other bedrooms. Beautiful views from every room.

Last Agent to Sell the Property

Debbie Rector

Top Performance Real Est. Cons License #563196 Listed on: 07/27/2015

Last Buyer's Agent

Stefanie Young

Century 21 Nature Coast License #3293038

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,783

Year Built

  • Built in 1997

Lot Details

  • 40.94 Acre Lot
  • Waterfront
  • Property fronts a county road
  • South Facing Home
  • Partially Fenced Property
  • Landscaped
  • Irregular Lot
  • Sprinkler System
  • Wooded Lot
  • Property is zoned CLR

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway
  • RV Access or Parking

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 4,262 Sq Ft Home
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Blinds
  • Double Door Entry
  • Sliding Doors
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laundry Tub

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Pool

  • In Ground Pool
  • Screen Enclosure
  • Pool Equipment or Cover

Outdoor Features

  • Exterior Lighting
  • Shed

Schools

  • Hernando Elementary School
  • Inverness Middle School
  • Citrus High School

Farming

  • Barn
  • Pasture

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,783

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Ranch
  • Carport Y N: No
  • Directions: From HWY 41 (Florida Ave), take N. Ella Ave, turns into Turner Camp, L on Lagoon to 1st driveway on right
  • Water Frontage Type: Waterfront
  • Garage Yn: Yes
  • Lot Size Acres: 40.94
  • Lot Size: Irregular
  • 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: Not on List
  • Year Built: 1997
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator, Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, Sliding Doors
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Vinyl
  • Furnished: Unfurnished
  • Interior Amenities: Attic, Breakfast Bar, Bathtub, Cathedral Ceiling(s), Dual Sinks, Fireplace, Garden Tub/Roman Tub, Laminate Counters, Main Level Master, Multiple Master Suites, Other, Pantry, Pull Down Attic Stairs, See Remarks, Solid Surface Counters, Separate Shower, Tub Shower, Walk-In Closet(s), First Floor Entry, Sliding Glass Door(s)
  • Living Area: 4262.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Direction Faces: South
  • Exterior Features: Sprinkler/Irrigation, Landscaping, Lighting, Gravel Driveway, Paved Driveway
  • Fencing: Partial
  • Foundation Details: Block
  • Lot Features: Acreage, Irregular Lot, Pasture, Wooded
  • Other Structures: Barn(s), Shed(s)
  • Pool Features: In Ground, Pool Equipment, Pool, Screen Enclosure
  • Roof: Asphalt, Shingle
  • Topography: Varied
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Gravel, Paved, Garage Door Opener, RV Access/Parking
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: CLR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2783.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2015
Closed on
Aug 12, 2016
Sold by
Mullis George Milton and Mullis Tammy J
Bought by
Common Wealth Trust Services Llc
Seller's Agent
Debbie Rector
Top Performance Real Est. Cons
Buyer's Agent
Stefanie Young
Century 21 Nature Coast
List Price
$825,000
Sold Price
$300,000
Premium/Discount to List
-$525,000
-63.64%
Total Days on Market
355
Current Estimated Value
$787,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,383
Avg. Annual Appreciation
10.74%
Original Mortgage
$375,000
Outstanding Balance
$304,825
Interest Rate
3.48%
Mortgage Type
Balloon
Estimated Equity
$431,143

Purchase Details

Closed on
Mar 1, 2011
Bought by
Common Wealth Trust Services Llc and Citrico Land Trust Dated August

Purchase Details

Closed on
Jul 29, 2008
Sold by
Ball Tolle Mary
Bought by
Sachs Tammy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.32%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 1, 1997
Bought by
Common Wealth Trust Services Llc and Citrico Land Trust Dated August

Purchase Details

Closed on
Dec 1, 1993
Bought by
Common Wealth Trust Services Llc and Citrico Land Trust Dated August

Purchase Details

Closed on
Jan 1, 1992
Bought by
Common Wealth Trust Services Llc and Citrico Land Trust Dated August

Purchase Details

Closed on
Jan 1, 1951
Bought by
Common Wealth Trust Services Llc and Citrico Land Trust Dated August
Source: Public Records

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Range of Values:

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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
Common Wealth Trust Services Llc -- Equity Title Llc
Common Wealth Trust Services Llc $100 --
Sachs Tammy J $300,000 First American Title Ins Co
Common Wealth Trust Services Llc $100 --
Common Wealth Trust Services Llc $64,000 --
Common Wealth Trust Services Llc $100 --
Common Wealth Trust Services Llc $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Common Wealth Trust Services Llc $375,000
Previous Owner Mullis Tammy J $211,600
Previous Owner Sachs Tammy J $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2016 08/12/16 Sold $300,000 -63.6% $70 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
07/24/2015 07/24/15 For Sale $825,000 -- $194 / 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 $8,567 $715,756 $52,560 $663,196
2023 $8,567 $610,766 $52,560 $558,206
2022 $7,367 $522,250 $52,560 $469,690
2021 $6,536 $454,045 $52,560 $401,485
2020 $6,212 $454,027 $52,560 $401,467
2019 $5,685 $403,449 $52,560 $350,889
2018 $5,189 $353,630 $31,200 $322,430
2017 $4,680 $298,289 $31,200 $267,089
2016 $2,773 $207,243 $31,200 $176,043
2015 $2,783 $203,757 $30,950 $172,807
2014 $2,847 $202,140 $27,337 $174,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 720159

REALTORS® Association of Citrus County

APN: 20E-18S-33-0000-11200