NOT LISTED FOR SALE

311 S Citrus Ave Inverness, FL 34452

Estimated Value: $162,000 - $201,740

3 Beds
2 Baths
1,513 Sq Ft
$124/Sq Ft Est. Value

Last Sold June 24, 2013

Last sale price $49,000 $32 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $1,223/month

109 Days on Market

Highlights

  • Docks
  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • No HOA
  • Shops
  • Landscaped

About This Home

As of June 2013

Attention Investors!! 2 houses for the price of 1!! Both homes are concrete block and have been used as rentals, they are both in good condition, within 1 block to hospital and doctors offices, front unit is a 2/1 and the back unit is a 1/1

Last Agent to Sell the Property

Dianne MacDonald

RE/MAX Realty One License #619937 Listed on: 02/15/2013

RE/MAX Realty One

Last Buyer's Agent

Mary Chapman

Landmark Realty License #3064510

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $747

Year Built

  • Built in 1958

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 100x170
  • Property fronts a county road
  • Landscaped

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,513 Sq Ft Home
  • Ceramic Tile Flooring
  • Laminate Countertops

Outdoor Features

  • Docks

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$747

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Carport Y N: No
  • Directions: Hwy 44E, (R) Line, (L) Highlands, (R) Citrus, see homes on left
  • Garage Yn: No
  • Lot Size Acres: 0.31
  • Lot Size: 100x170
  • Property Sub Type: Multi Family
  • Property Sub Type Additional: Multi Family
  • Prop. Type: Residential Income
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Year Built: 1958
  • Special Features: 12

Interior Features

  • Flooring: Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Laminate Counters, First Floor Entry

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Landscaping
  • Foundation Details: Block
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: Boat

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Shopping

Schools

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

Lot Info

  • Zoning: LD
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 747.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2013
Closed on
Jun 12, 2013
Sold by
Mcguire Terrance M
Bought by
Bobia Llc
Seller's Agent
Dianne MacDonald
RE/MAX Realty One
Buyer's Agent
Mary Chapman
Landmark Realty
List Price
$59,900
Sold Price
$49,000
Premium/Discount to List
-$10,900
-18.2%
Current Estimated Value
$187,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,685
Avg. Annual Appreciation
11.60%

Purchase Details

Closed on
Dec 27, 2005
Sold by
Sharma Umesh P and Sharma Vedwati B
Bought by
Mcguire Terrance M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 14, 2004
Sold by
Tarr Robert E
Bought by
Sharma Umesh P and Sharma Vedwati B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2000
Sold by
Coe Tilly A Trustee
Bought by
Tarr Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 1, 1991
Bought by
Bobia Llc

Purchase Details

Closed on
Oct 1, 1982
Bought by
Bobia Llc

Purchase Details

Closed on
Jan 1, 1979
Bought by
Bobia Llc
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
Bobia Llc $45,000 A-1 Title Of The Nature Coas
Mcguire Terrance M $137,000 Citrus Land Title
Sharma Umesh P $80,000 Dba Crystal River Title
Tarr Robert E $55,000 Chelsea Title Nature Coast I
Bobia Llc $100 --
Bobia Llc $21,400 --
Bobia Llc $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcguire Terrance M $22,899
Previous Owner Mcguire Terrance M $109,600
Previous Owner Sharma Umesh P $64,000
Previous Owner Tarr Robert E $45,000
Closed Tarr Robert E $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2013 06/24/13 Sold $49,000 -18.2% $32 / Sq Ft
05/25/2013 05/25/13 Pending -- -- --
02/05/2013 02/05/13 For Sale $59,900 -- $40 / 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 $2,677 $156,780 $15,000 $141,780
2023 $2,677 $102,841 $0 $0
2022 $2,345 $152,262 $11,250 $141,012
2021 $1,963 $108,443 $10,770 $97,673
2020 $1,769 $91,220 $10,770 $80,450
2019 $1,717 $94,480 $11,490 $82,990
2018 $1,534 $77,050 $11,490 $65,560
2017 $1,358 $62,726 $11,490 $51,236
2016 $1,254 $59,042 $11,490 $47,552
2015 $1,096 $47,976 $11,520 $36,456
2014 $1,204 $50,320 $11,113 $39,207
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 701057

REALTORS® Association of Citrus County

APN: 20E-19S-17-0080-00680-0120