NOT LISTED FOR SALE

404 Hofstra St Inverness, FL 34452

Estimated Value: $162,000 - $202,000

2 Beds
2 Baths
1,215 Sq Ft
$157/Sq Ft Est. Value

Last Sold September 22, 2015

Last sale price $51,000 $42 Per Sq Ft

Est. 274% increase in value since last sale

Current estimated payment $1,204/month

16 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Shops
  • Corner Lot
  • 1 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of September 2015

This one will impress you, nice 2 bedrooms 2 bathrooms home in cornet lot with fenced back yard. Re-roof in 2007 according to Citrus County permit records. This is a reverse mortgage foreclosure. this home is being sold under the HUD Guidelines 24 CFR206.125.

Last Agent to Sell the Property

Lourdes Billingsley

LMB Real Estate Service License #3092136 Listed on: 08/09/2015

Last Buyer's Agent

Debra McFarland

Tropic Shores Realty License #3192281

Tropic Shores Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $855

Year Built

  • Built in 1985

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot
  • Property is zoned MDR

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,215 Sq Ft Home
  • Blinds

Kitchen

  • Oven
  • Range
  • Built-In Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • No Home Owners Association
  • Inverness Highlands South Subdivision

Amenities

  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$855

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Architectural Style: Ranch
  • Carport Y N: No
  • Directions: Turn right onto S Apopka Avenue, turn left onto Hofstra Street, house on the corner on the left.
  • Garage Yn: Yes
  • Lot Size Acres: 0.22
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Inverness Highlands South
  • Year Built: 1985
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Dishwasher, Microwave Hood Fan, Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate
  • Furnished: Unfurnished
  • Interior Amenities: Laminate Counters
  • Living Area: 1215.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Foundation Details: Block
  • Lot Features: Corner Lot
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • 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: MDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 855.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2023
Sold by
Mcfarland Donald and Mcfarland Debra
Bought by
Hofstra Llc
Current Estimated Value
$190,759

Purchase Details

Listed on
Aug 9, 2015
Closed on
Sep 22, 2015
Sold by
U S Bank National Association
Bought by
Mcfarland Donald and Mcfarland Debra
Seller's Agent
Lourdes Billingsley
LMB Real Estate Service
Buyer's Agent
Debra McFarland
Tropic Shores Realty
List Price
$51,000
Sold Price
$51,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.15%

Purchase Details

Closed on
Jul 21, 2015
Sold by
United State Of America Secretary Of Hou
Bought by
Mortgage Equity Conversion Asset Trust 2 and U S Bank National Association

Purchase Details

Closed on
Jul 9, 2015
Sold by
United States Of America
Bought by
Mortgage Equity Conversion Asset Trust 2 and U S Bank National Association

Purchase Details

Closed on
Mar 7, 2006
Sold by
Balbi Cornelio and Balbi Tecla
Bought by
Balbi Cornelio and Balbi Tecla

Purchase Details

Closed on
Mar 1, 2006
Bought by
Mcfarland Donald and Mcfarland Debra

Purchase Details

Closed on
Sep 11, 2000
Sold by
Balbi Cornelio and Balbi Tecla
Bought by
Balbi Cornelio and Balbi Tecla

Purchase Details

Closed on
Sep 1, 2000
Bought by
Mcfarland Donald and Mcfarland Debra

Purchase Details

Closed on
May 1, 1995
Bought by
Mcfarland Donald and Mcfarland Debra

Purchase Details

Closed on
Nov 1, 1989
Bought by
Mcfarland Donald and Mcfarland Debra

Purchase Details

Closed on
Jun 1, 1986
Bought by
Mcfarland Donald and Mcfarland Debra

Purchase Details

Closed on
Jun 1, 1985
Bought by
Mcfarland Donald and Mcfarland Debra
Source: Public Records

Range of Values:

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Average Value
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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
Hofstra Llc $100 None Listed On Document
Mcfarland Donald $51,000 First Intl Title Inc
Mortgage Equity Conversion Asset Trust 2 $70,000 None Available
Mortgage Equity Conversion Asset Trust 2 $70,000 None Available
Balbi Cornelio -- None Available
Mcfarland Donald $100 --
Balbi Cornelio -- --
Mcfarland Donald $100 --
Mcfarland Donald $53,600 --
Mcfarland Donald $57,500 --
Mcfarland Donald $100 --
Mcfarland Donald $4,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Balbi Cornelio $198,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2015 09/22/15 Sold $51,000 0.0% $42 / Sq Ft
08/23/2015 08/23/15 Pending -- -- --
08/07/2015 08/07/15 For Sale $51,000 -- $42 / 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 $2,058 $153,300 $7,120 $146,180
2023 $2,058 $154,683 $6,400 $148,283
2022 $1,797 $133,941 $5,520 $128,421
2021 $1,483 $94,232 $3,680 $90,552
2020 $1,334 $87,206 $3,520 $83,686
2019 $1,301 $89,394 $3,520 $85,874
2018 $1,145 $73,755 $3,200 $70,555
2017 $1,039 $62,247 $2,840 $59,407
2016 $1,040 $59,963 $2,580 $57,383
2015 $912 $51,553 $2,310 $49,243
2014 $855 $45,890 $3,915 $41,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 720440

REALTORS® Association of Citrus County

APN: 20E-19S-21-0020-02540-0360