NOT LISTED FOR SALE

3118 E Gerald Ln Inverness, FL 34453

Estimated Value: $262,903 - $290,000

0.22 Acre
$1,243,073 Price per Acre
9,659 Sq Ft Lot

Last Sold July 01, 2022

Last sale price $8,500

Est. 3,117% increase in value since last sale

Current estimated payment $1,680/month

28 Days on Market

About This Lot

As of July 2022

ONE OF THE NICER LOTS IN INVERNESS HIGHLANDS. LOTS OF NEWER HOMES IN AREA. BUILDERS ARE PICKING THESE UP LIKE HOTCAKES. GREAT AREA TO INVEST AND WITH A LOT OF GROWTH.

Last Agent to Sell the Property

Frank Falbo

Platinum Homes And Land Realty License #3078460 Listed on: 07/18/2021

Last Buyer's Agent

Jay Garick

Adnoram Realty License #455200

Property Details

Property Type

  • Land

Lot Details

  • 9,659 Sq Ft Lot
  • Landscaped with Trees
  • Property is zoned MDR

Schools

  • Hernando Elementary School
  • Inverness Middle School
  • Citrus High School

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association
  • Inverness Highlands North Subdivision

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: 3118 E GERALD LANE
  • Lot Size Acres: 0.22
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Inverness Highlands North
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Disclosures: Owner Is Listing Agent
  • Lot Features: Trees
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 9659.0
  • Zoning: MDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Focus Homes Llc Of Florida
Bought by
Kneip Rebecca Jean
Current Estimated Value
$273,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,890
Outstanding Balance
$261,576
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$11,900

Purchase Details

Closed on
Nov 22, 2017
Sold by
Greogry Ralph L and Greogry Gertrude B
Bought by
Citrus County A Florida

Purchase Details

Closed on
Aug 3, 2011
Sold by
Gregory Ralph L and Gregory Gertrude B
Bought by
Gregory Ralph L and Gregory Gertrude B

Purchase Details

Closed on
Feb 1, 1986
Bought by
Gregory Ralph L & Gertrude B Trustees
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Kneip Rebecca Jean $265,189 Steel City Title
Citrus County A Florida -- Landcastle Title Llc
Jhumanity Of Citrus County A Florida -- Landcastle Title Group Llc
Gregory Ralph L -- Attorney
Gregory Ralph L & Gertrude B Trustees $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kneip Rebecca Jean $270,890
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $8,500 0.0% --
06/23/2022 06/23/22 Off Market $8,500 -- --
08/15/2021 08/15/21 Pending -- -- --
07/18/2021 07/18/21 For Sale $8,995 -- --
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
2025 $3,005 $230,772 $6,420 $224,352
2024 $66 $232,471 $5,580 $226,891
2023 $66 $5,100 $5,100 $0
2022 $52 $3,300 $3,300 $0
2021 $43 $2,880 $2,880 $0
2020 $39 $2,580 $2,580 $0
2019 $0 $2,280 $2,280 $0
2018 $29 $1,950 $1,950 $0
2017 $56 $3,460 $3,460 $0
2016 $58 $3,460 $3,460 $0
2015 $76 $4,620 $4,620 $0
2014 $69 $3,910 $3,910 $0
Source: Public Records

Agents Affiliated with this Home

  • Frank Falbo

    Seller's Agent in 2022

    Frank Falbo

    Platinum Homes And Land Realty

    (352) 274-5645

    10 in this area

    819 Total Sales

    Frank Falbo
    Section Image

  • J

    Buyer's Agent in 2022

    Jay Garick

    Adnoram Realty

    (407) 687-4128

    21 in this area

    3,117 Total Sales

    Jay Garick
    Section Image
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Map

Source: REALTORS® Association of Citrus County

MLS Number: 803757

REALTORS® Association of Citrus County

APN: 19E-19S-02-0020-00560-0350

Florida Citrus County Inverness 34453

3118 E Gerald Ln, Inverness, FL

Not Listed for Sale

Lots

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