NOT LISTED FOR SALE

1960 S Tsala Terrace Inverness, FL 34450

Estimated Value: $180,000 - $214,000

2 Beds
1 Bath
1,229 Sq Ft
$159/Sq Ft Est. Value

Last Sold February 12, 2018

Last sale price $94,000 $76 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,125/month

71 Days on Market

Highlights

  • Updated Kitchen
  • No HOA
  • Attached Carport
  • Ranch Style House
  • Shops
  • Landscaped

About This Home

As of February 2018

Absolutely Adorable 1959 2/1 cutie with 1229 living area nestled on a beautiful parcel in Lake Tsala Gardens minutes to downtown Inverness and amenities. Home boasts BRAND NEW flooring throughout, interior paint, fixtures and appliances. Home is light and bright and features a living and family room, attached carport and storage shed with laundry area. Home is filled with character and topped with a One Year Home Warranty. Lake Tsala Gardens feature a community clubhouse and private boat ramp. Enjoy the local lakes, rivers, trails and downtown community events. Come take a peek quick!

Last Agent to Sell the Property

Linda Bega

Landmark Realty License #393153 Listed on: 11/04/2017

Last Buyer's Agent

Gerard Bovee

Tropic Shores Realty License #3378931

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $762

Year Built

  • Built in 1959

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 102x110
  • South Facing Home
  • Landscaped
  • Property is zoned CLR

Home Design

  • 1,229 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof

Kitchen

  • Updated Kitchen
  • Oven
  • Range with Range Hood

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Attached Carport
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • No Home Owners Association
  • Lake Tsala Gardens Subdivision

Amenities

  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$762

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Directions: Hwy 44 East to Right on S Covewalk to Left on S Mooring to Right on S Tsala Terrace. Home on Right.
  • Garage Yn: No
  • Lot Size Acres: 0.26
  • Lot Size: 102x110
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Lake Tsala Gardens
  • Year Built: 1959
  • Special Features: VirtualTour

Interior Features

  • Appliances: Oven, Range, Refrigerator, Range Hood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate
  • Interior Amenities: Updated Kitchen
  • Living Area: 1229.0

Exterior Features

  • Direction Faces: South
  • Disclosures: Home Warranty
  • Exterior Features: Landscaping, Concrete Driveway
  • Foundation Details: Block
  • Home Warranty: Yes
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Topography: Varied
  • Waterfront: No

Garage/Parking

  • Parking Features: Attached Carport, Concrete, Driveway
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air
  • 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

Lot Info

  • Lot Size Sq Ft: 11179.0
  • Zoning: CLR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 762.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2017
Closed on
Feb 12, 2018
Sold by
Manni Roland V and Manni Karen A
Bought by
Marvin William
Seller's Agent
Linda Bega
Landmark Realty
Buyer's Agent
Gerard Bovee
Tropic Shores Realty
List Price
$98,450
Sold Price
$94,000
Premium/Discount to List
-$4,450
-4.52%
Current Estimated Value
$195,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,033
Avg. Annual Appreciation
10.88%
Original Mortgage
$92,297
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2013
Bought by
Manni Roland V and Manni Karen A

Purchase Details

Closed on
Mar 31, 2006
Sold by
Algor Daniel W
Bought by
Manni Roland V and Manni Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 1, 1996
Bought by
Manni Roland V and Manni Karen A

Purchase Details

Closed on
Oct 1, 1988
Bought by
Manni Roland V and Manni Karen A
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 Buyer Sale Price Title Company
Marvin William $94,000 Fidelity Title Svcs Llc
Manni Roland V $100 --
Manni Roland V $100,000 None Available
Manni Roland V $100 --
Manni Roland V $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marvin William $90,893
Closed Marvin William $91,762
Closed Marvin William $92,297
Previous Owner Manni Roland V $80,000
Previous Owner Algor Daniel W $41,600
Previous Owner Algor Daniel W $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2018 02/12/18 Sold $94,000 -4.5% $76 / Sq Ft
01/13/2018 01/13/18 Pending -- -- --
11/03/2017 11/03/17 For Sale $98,450 -- $80 / 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 $756 $83,917 -- --
2023 $756 $80,395 $0 $0
2022 $708 $78,053 $0 $0
2021 $678 $75,780 $0 $0
2020 $614 $82,267 $6,910 $75,357
2019 $614 $73,054 $6,910 $66,144
2018 $848 $51,007 $3,400 $47,607
2017 $808 $48,062 $3,400 $44,662
2016 $762 $42,831 $3,400 $39,431
2015 $718 $39,904 $3,400 $36,504
2014 $671 $35,070 $3,473 $31,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 765867

REALTORS® Association of Citrus County

APN: 20E-19S-16-0010-000D0-005B