NOT LISTED FOR SALE

1465 S Tranquil Point Unit 4 Inverness, FL 34450

Estimated Value: $505,000 - $567,000

3 Beds
2 Baths
2,024 Sq Ft
$261/Sq Ft Est. Value

Last Sold April 26, 2017

Last sale price $115,900 $57 Per Sq Ft

Est. 355% increase in value since last sale

Current estimated payment $3,363/month

244 Days on Market

Highlights

  • Waterfront
  • Deck
  • No HOA
  • Water Access
  • Cathedral Ceiling
  • 2 Car Attached Garage

About This Home

As of April 2017

FIX-UP WATERFRONT PROPERTY in a great neighborhood very close to downtown Inverness and quick access to I-75. Home built 1984, 2024 SFLA. The roof and air conditioner are newer. It has 3 bedrooms 2 baths 2 car garage with two screen porches that face the water. 19x13 boat dock and 9x6 utility bldg. and sea wall. 79'X169' Lot with 79 feet lake front, zoned CLR Coastal Lakes & River. This home has been reduced from $169,900 to $119,900 because it was recently inherited and the owner is out of state and does not want to come here to fix it up for sale. The property foundation has settled and we have a bid for repair for approximately $30,000. A tree has fallen, and the back yard needs to be filled and reseeded. The owner has reduced the price $50,000 to allow for cleanup and repair.

Last Listed By

Dot and John Baker

EAGLE REALTY OF OCALA, INC. License #0376320 Listed on: 08/18/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,787

Year Built

  • Built in 1984

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 79x169x79x169
  • Street terminates at a dead end
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned Single Family Residential

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,024 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Seawall
  • Open Dock
  • Deck
  • Screened Patio
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Water Softener

Listing and Financial Details

  • Property Available on 8/18/16
  • Legal Lot and Block 4 / 4A000
  • Assessor Parcel Number 20E-19S-15-0000-4A000-0040

Community Details

Overview

  • No Home Owners Association
  • Magnolia Haven Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Waterfront

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,787

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 2024
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 2633
  • Lot Size Sq Ft: 14898
  • Directions to Property: FL 200 14.2 mi (L) US41S 6.2 mi (L) FL44W 1.7 mi (L) Tranquil PT. Home on right. NOTE: Go thru Hernando then thru Inverness. Henderson lake is on the left of FL44. Property located on its canal.
  • Status: Sold
  • Street Direction: S
  • List Office Head Office Key Nume: 529793742
  • RATIO Current Price By Calculate: 57.26
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Unit Number YN: 1
  • Water Access YN: 1
  • Barn Features: None
  • Number Of Paddocks Pastures: 0
  • Number Of Stalls: 0
  • Last Date Available: 2017-08-09T00:00:00.000
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Split Bedroom
  • Appliances Included: Electric Water Heater, None, Water Softener
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 1465
  • Room Count: 0

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Screened
  • Water Extras: Dock - Open,Seawall - Other
  • Water Extras YN: 1
  • Water View YN: 1

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Septics: 0
  • Number of Wells: 0

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Water Access, Waterfront
  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: Single Family Residential
  • Parcel Number: 20E-19S-15-0000-4A000-0040
  • Additional Parcels: No
  • Lot Features: Cleared, In County, Street Dead-End, Paved
  • Lot Dimensions: 79x169x79x169
  • Horse Amenities: None
  • Homestead YN: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2016-08-18
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 1787
  • Tax Block: 4A000
  • Tax Lot: 4

Multi Family

  • Total Num Buildings: 0
  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2022
Sold by
Heath Murielle B
Bought by
Jackson Stephen J and Jackson Robin L
Total Days on Market
244
Current Estimated Value
$527,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Outstanding Balance
$378,256
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$110,424

Purchase Details

Closed on
Jan 8, 2020
Sold by
Rexrode David C and The David C Rexrode Trust
Bought by
Heath Murielle B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Aug 18, 2016
Closed on
Apr 24, 2017
Sold by
Mckinney Danny Ray
Bought by
Rexrod David C and The David C Rexrode Trust
Seller's Agent
Dot and John Baker
EAGLE REALTY OF OCALA, INC.
Buyer's Agent
Dot and John Baker
EAGLE REALTY OF OCALA, INC.
List Price
$169,900
Sold Price
$115,900
Premium/Discount to List
-$54,000
-31.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.49%

Purchase Details

Closed on
Aug 23, 2016
Sold by
Mckinney Ii Danny Ray
Bought by
Mckinney Ii Danny Ray

Purchase Details

Closed on
Jan 15, 2015
Bought by
Rexrod David C and David C Rexrode Trust Under Agreement

Purchase Details

Closed on
Apr 1, 1987
Bought by
Rexrod David C and David C Rexrode Trust Under Agreement

Purchase Details

Closed on
Apr 1, 1984
Bought by
Rexrod David C and David C Rexrode Trust Under Agreement

Purchase Details

Closed on
Jan 1, 1981
Bought by
Rexrod David C and David C Rexrode Trust Under Agreement

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
Jackson Stephen J $499,000 American Title Services
Heath Murielle B $160,000 First International Ttl Inc
Rexrod David C $115,900 First Intl Title Inc
Mckinney Ii Danny Ray -- Attorney
Rexrod David C $100 --
Rexrod David C $118,000 --
Rexrod David C $100 --
Rexrod David C $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Stephen J $399,200
Previous Owner Heath Murielle B $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2017 04/26/17 Sold $115,900 -31.8% $57 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
08/18/2016 08/18/16 For Sale $169,900 -- $84 / Sq Ft
Source: Stellar MLS

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 $4,903 $368,052 -- --
2023 $4,903 $357,332 $71,100 $286,232
2022 $205 $208,091 $0 $0
2021 $118 $202,030 $0 $0
2020 $2,674 $176,836 $34,110 $142,726
2019 $1,792 $165,717 $34,110 $131,607
2018 $2,539 $163,095 $34,080 $129,015
2017 $2,344 $146,850 $34,080 $112,770
2016 $2,057 $134,970 $29,280 $105,690
2015 $1,787 $104,130 $29,310 $74,820
2014 $1,225 $107,340 $31,929 $75,411
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM505513

Stellar MLS

APN: 20E-19S-15-0000-4A000-0040