NOT LISTED FOR SALE

3118 E Joseph Ln Inverness, FL 34453

Estimated Value: $14,530 - $194,000

0.48 Acre
$137,256 Price per Acre
20,909 Sq Ft Lot

Last Sold April 04, 2024

Last sale price $15,000

Est. 339% increase in value since last sale

Current estimated payment $369/month

104 Days on Market

Highlights

  • 0.48 Acre Lot
  • Wooded Lot
  • No HOA
  • Room in yard for a pool
  • Corner Lot
  • Shops

About This Lot

As of April 2024

**Multiple Price Reductions** Motivated Seller! Fantastic opportunity to own an almost half-acre corner lot in Inverness Highlands to build your dream home! No HOA fees here! Quiet neighborhood with established homes, this corner lot provides additional flexibility in terms of design and access, and having nearly half an acre gives you plenty of space to create a comfortable and spacious retreat. Peaceful community surrounded by established homes. Conveniently located near downtown Historic Inverness, restaurants, schools and shops. This lot is priced for a quick sale. Don't let this opportunity to own a piece of quaint Florida pass you by!

Last Agent to Sell the Property

Donna Dorsey

Citrus Realty, LLC License #3160930 Listed on: 11/13/2023

Last Buyer's Agent

Lindsay Kress

Insight Realty Network Powere License #3574531

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $104

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 162x120
  • Property fronts a county road
  • Corner Lot
  • Wooded 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

Overview

  • No Home Owners Association
  • Inverness Highlands U 1 9 Subdivision

Amenities

  • Shops

Recreation

  • Room in yard for a pool

Property Details

Property Type

Land

Est. Annual Taxes

$104

Lot Details

0

Listing Details

  • Directions: Heading South on Hwy 41, Right on E Norvell Bryant Hwy, Left on N Croft Ave, Left on E Gladys St, Right on N Rooks Ave, then Right on E Joseph Ln. The lot is on the corner of N Rooks Ave & E Joseph Ln.
  • Lot Size Acres: 0.48
  • Lot Size: 162x120
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Inverness Highlands U 1-9
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Exterior Features: Room For Pool
  • Lot Features: Corner Lot, Trees, Wooded
  • Topography: Varied
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Association: No
  • Community Features: Shopping

Schools

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

Lot Info

  • Lot Size Sq Ft: 21103.0
  • Zoning: MDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 103.94
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2023
Closed on
Mar 26, 2024
Sold by
Ktm Real Estate Llc
Bought by
Nasara Bg Llc
Seller's Agent
Donna Dorsey
Citrus Realty, LLC
Buyer's Agent
Lindsay Kress
Insight Realty Network Powere
List Price
$19,900
Sold Price
$15,000
Premium/Discount to List
-$4,900
-24.62%
Views
22
Current Estimated Value
$65,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,883
Avg. Annual Appreciation
149.24%

Purchase Details

Closed on
Nov 6, 2023
Sold by
Ramsey Timothy
Bought by
Ktm Real Estate Llc

Purchase Details

Closed on
Dec 19, 2016
Sold by
Gmb Solutions Llc
Bought by
Ramsey Timothy Allen

Purchase Details

Listed on
Sep 10, 2015
Closed on
Sep 14, 2016
Sold by
Viel Rose and Viel Louis
Bought by
Gmb Solutions Llc
Seller's Agent
Charles Kelly
Sellstate Next Generation Real
Buyer's Agent
Charles Kelly
Sellstate Next Generation Real
List Price
$5,000
Sold Price
$2,750
Premium/Discount to List
-$2,250
-45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.52%
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
Nasara Bg Llc $15,000 Compass Title
Ktm Real Estate Llc $9,500 Compass Title
Ramsey Timothy Allen $4,300 None Available
Gmb Solutions Llc $2,750 American Title Svcs Citrus C
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2024 04/04/24 Sold $15,000 -5.7% --
02/26/2024 02/26/24 Pending -- -- --
02/12/2024 02/12/24 Price Changed $15,900 -5.9% --
01/26/2024 01/26/24 Price Changed $16,900 -3.4% --
01/05/2024 01/05/24 Price Changed $17,500 -2.2% --
12/04/2023 12/04/23 Price Changed $17,900 -5.3% --
11/21/2023 11/21/23 Price Changed $18,900 -5.0% --
11/13/2023 11/13/23 For Sale $19,900 +623.6% --
09/20/2016 09/20/16 Sold $2,750 -45.0% --
08/21/2016 08/21/16 Pending -- -- --
09/10/2015 09/10/15 For Sale $5,000 -- --
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 $127 $15,810 $15,810 --
2023 $127 $5,960 $0 $0
2022 $104 $9,350 $9,350 $0
2021 $76 $5,140 $5,140 $0
2020 $70 $4,600 $4,600 $0
2019 $64 $4,070 $4,070 $0
2018 $71 $5,090 $5,090 $0
2017 $60 $3,710 $3,710 $0
2016 $67 $4,010 $4,010 $0
2015 $93 $5,460 $5,460 $0
2014 $103 $5,865 $5,865 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: REALTORS® Association of Citrus County

MLS Number: 828732

REALTORS® Association of Citrus County

APN: 19E-19S-02-0080-00100-0010