NOT LISTED FOR SALE

1505 Eden Dr Inverness, FL 34450

Estimated Value: $156,000 - $207,000

2 Beds
2 Baths
991 Sq Ft
$183/Sq Ft Est. Value

Last Sold February 07, 2024

Last sale price $125,500 $127 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,105/month

9 Days on Market

Highlights

  • Room in yard for a pool
  • No HOA
  • Cooling Available
  • Corner Lot
  • 2 Car Attached Garage
  • 1-minute walk to Eden Park

About This Home

As of February 2024

INVESTOR SPECIAL! This 2 bed, 2 bath concrete block home is a complete rehab project. No central HVAC. It does have a metal roof (2011) and city water/sewer, however it is outside of the city limits so lower property taxes. Oversized corner lot, across the street from a park and public boat ramp access to the lakes. Bring your imagination and handyman skills and make this house a home again! Seller has never occupied the home and has no knowledge of the proper functioning of any aspect of this home. Sold AS-IS with right to inspect. CASH ONLY, CLOSED BID PROCESS, ALL SUBMITTED OFFERS WILL BE HELD AND REVIEWED ON END OF BUSINESS (5PM) 11/6/23 AND HIGHEST AND BEST WILL BE CHOSEN. THEN SALE TO BE APPROVED BY COURT. ALLOW 90 DAYS FOR COURT APPROVAL AND CLOSING.

Last Agent to Sell the Property

Rob Tessmer, Jr

Coldwell Banker Investors Realty License #3038141 Listed on: 10/28/2023

Coldwell Banker Investors Realty

Last Buyer's Agent

David Murray

Coldwell Banker Investors Realty License #3347309

Coldwell Banker Investors Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,547

Year Built

  • Built in 1969

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 120x155x120x122
  • Property fronts a county road
  • North Facing Home
  • Corner Lot
  • Level Lot
  • Landscaped with Trees
  • Property is zoned CLR

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Block Foundation
  • Slab Foundation
  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 991 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Range Hood

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Room in yard for a pool

Schools

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

Utilities

  • Cooling Available
  • No Heating
  • Water Heater

Community Details

Overview

  • No Home Owners Association
  • Inverness Highlands South Subdivision

Amenities

  • Shops

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,547

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Directions: From downtown Inverness, take US Hwy 41 South, L on Eden Drive (stoplight), home on R, see sign. Corner of Eden and Sherwood.
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.38
  • Lot Size: 120x155x120x122
  • New Construction: No
  • 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
  • Building Stories: 1
  • Subdivision Name: Inverness Highlands South
  • Year Built: 1969
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Built-In Oven, Electric Cooktop, Refrigerator, Range Hood, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Terrazzo
  • Interior Amenities: First Floor Entry
  • Living Area: 991.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Exterior Features: Paved Driveway, Room For Pool
  • Foundation Details: Block, Slab
  • Lot Features: Corner Lot, Flat, Multiple lots, Trees
  • Pool Features: None
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Paved
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Park, Shopping

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 16365.0
  • Zoning: CLR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1546.6
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2024
Sold by
Zambrano Paul A
Bought by
Short-Term Rental Experts Llc
Current Estimated Value
$181,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Outstanding Balance
$170,338
Interest Rate
6.89%
Mortgage Type
Seller Take Back
Estimated Equity
$11,472

Purchase Details

Listed on
Oct 28, 2023
Closed on
Feb 7, 2024
Sold by
Tessmer Rob and Kelly Nancy
Bought by
Zambrano Paul A
Seller's Agent
Rob Tessmer, Jr
Coldwell Banker Investors Realty
Buyer's Agent
David Murray
Coldwell Banker Investors Realty
List Price
$114,900
Sold Price
$125,500
Premium/Discount to List
$10,600
9.23%
Views
108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.05%

Purchase Details

Closed on
Oct 6, 2004
Sold by
Bussing Mary L
Bought by
Eastman Walter

Purchase Details

Closed on
Jun 28, 2001
Sold by
Eastman Walter
Bought by
Eastman Walter

Purchase Details

Closed on
Aug 1, 1995
Bought by
Eastman Walter

Purchase Details

Closed on
Nov 1, 1994
Bought by
Eastman Walter

Purchase Details

Closed on
Oct 1, 1989
Bought by
Eastman Walter

Purchase Details

Closed on
Mar 1, 1989
Bought by
Eastman Walter
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
Short-Term Rental Experts Llc $199,000 Home Land Title
Zambrano Paul A $125,500 Citrus Title
Eastman Walter -- --
Eastman Walter -- --
Eastman Walter $100 --
Eastman Walter $100 --
Eastman Walter $41,500 --
Eastman Walter $39,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Short-Term Rental Experts Llc $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2024 02/07/24 Sold $125,500 +9.2% $127 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
10/28/2023 10/28/23 For Sale $114,900 -- $116 / 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 $1,806 $142,951 $12,760 $130,191
2023 $1,806 $131,997 $12,760 $119,237
2022 $1,547 $108,350 $10,790 $97,560
2021 $1,306 $79,990 $5,680 $74,310
2020 $293 $72,627 $5,100 $67,527
2019 $283 $68,660 $5,100 $63,560
2018 $252 $50,912 $3,290 $47,622
2017 $244 $35,728 $2,930 $32,798
2016 $239 $34,993 $2,880 $32,113
2015 $234 $34,750 $2,800 $31,950
2014 $246 $35,080 $5,393 $29,687
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 828216

REALTORS® Association of Citrus County

APN: 20E-19S-21-0020-02810-0540