NOT LISTED FOR SALE

2300 41 Hwy N Inverness, FL 34453

Estimated Value: $1,890,331

59.57 Acres
$31,733 Price per Acre
2,594,869 Sq Ft Lot

Last Sold July 08, 2022

Last sale price $1,850,000

Est. 2% increase in value since last sale

Current estimated payment $11,228/month

249 Days on Market

About This Lot

As of July 2022

Situated a few traffic lights from Downtown Inverness are 60 acres of prime development opportunity! Parcel A consists of commercially-zoned vacant land with over 2,500' of frontage on US Highway 41—any development would thrive! The lot had previously been planned for up to (93) single family homes and (136) condominium units. Benefits of the surrounding area include a traffic count of 15,500 and less than 20 minutes from I-75 in Wildwood! Citrus County will undergo a dramatic surge of population and spending once the construction of the $135 Suncoast Parkway extension is completed early next year. Parcel A and Parcel B can be sold either seperatley or together. This is your opportunity to invest in a prime development project!

Last Agent to Sell the Property

Elias Kirallah

Century 21 J.W.Morton R.E. License #3123414 Listed on: 06/14/2021

Century 21 J.W.Morton R.E.

Co-Listed By

James Morton

Century 21 J.W.Morton R.E. License #123629

Last Buyer's Agent

Kate Calhoun

ERA American Suncoast Realty License #3287594

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,176

Lot Details

  • 59.57 Acre Lot
  • Property fronts a state road

Schools

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

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$10,176

Lot Details

0

Listing Details

  • Co List Office Mls Id: 0470
  • Co List Office Phone: (352) 726-6668
  • Directions: West on FL-44 W, T/R onto US-41 N, property less than 2 miles on the right.
  • Lot Size Acres: 59.57
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: State Road
  • Road Surface Type: Paved
  • Subdivision Name: Not on List
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Lot Features: Acreage
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 2594898.0
  • Zoning: C
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10176.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Jul 5, 2022
Sold by
Sumner and Kathy
Bought by
Inverness Natural Lagoon Llc
Seller's Agent
Elias Kirallah
Century 21 J.W.Morton R.E.
Buyer's Agent
Kate Calhoun
ERA American Suncoast Realty
List Price
$1,850,000
Sold Price
$1,850,000
Current Estimated Value
$1,890,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,331
Avg. Annual Appreciation
0.66%
Original Mortgage
$1,800,000
Outstanding Balance
$1,712,643
Interest Rate
5.1%
Mortgage Type
Construction
Estimated Equity
$177,688

Purchase Details

Closed on
Nov 30, 2005
Sold by
Delizza Robert and Moore Brian T
Bought by
Sumner Scott and Sumner Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 15, 1993
Sold by
Rudder Neal
Bought by
Delizza Robert

Purchase Details

Closed on
Mar 1, 1993
Bought by
Sumner Scott and Sumner Kathy

Purchase Details

Closed on
Mar 1, 1990
Bought by
Sumner Scott and Sumner Kathy

Purchase Details

Closed on
Jan 1, 1978
Bought by
Sumner Scott and Sumner Kathy
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Inverness Natural Lagoon Llc $1,850,000 Hengesbach & Hengesbach Pa
Sumner Scott $900,000 Dba Crystal River Title
Delizza Robert $37,500 None Available
Sumner Scott $100 --
Sumner Scott $100 --
Sumner Scott $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Inverness Natural Lagoon Llc $1,800,000
Previous Owner Sumner Scott $690,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Sold $1,850,000 0.0% --
06/23/2022 06/23/22 Off Market $1,850,000 -- --
02/14/2022 02/14/22 Pending -- -- --
06/10/2021 06/10/21 For Sale $1,850,000 -- --
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 $14,352 $647,770 $647,770 --
2023 $14,352 $647,770 $647,770 $0
2022 $10,377 $480,250 $480,250 $0
2021 $10,024 $466,320 $466,320 $0
2020 $10,176 $466,320 $466,320 $0
2019 $10,412 $466,320 $466,320 $0
2018 $10,590 $466,320 $466,320 $0
2017 $10,658 $466,320 $466,320 $0
2016 $10,699 $466,320 $466,320 $0
2015 $10,654 $466,320 $466,320 $0
2014 $11,156 $466,320 $466,320 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Elias Kirallah

    Century 21 J.W.Morton R.E.

    (352) 400-2635

    40 in this area

    107 Total Sales

    Elias Kirallah
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    James Morton

    Century 21 J.W.Morton R.E.

    (352) 422-2173

    468 in this area

    1,260 Total Sales

    James Morton
    Section Image
  • Kate Calhoun

    Buyer's Agent in 2022

    Kate Calhoun

    ERA American Suncoast Realty

    (352) 422-5038

    9 in this area

    36 Total Sales

    Kate Calhoun
    Section Image
See All Agents

Map

Source: REALTORS® Association of Citrus County

MLS Number: 801876

REALTORS® Association of Citrus County

APN: 20E-19S-07-0000-13000

Florida Citrus County Inverness 34453

2300 41 Hwy N, Inverness, FL

This home is located at 2300 41 Hwy N, Inverness, FL 34453 since 14 June 2021 and is currently estimated at $1,890,331. 2300 41 Hwy N 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.

Nearby Homes