NOT LISTED FOR SALE

5001 E Tangelo Ln Inverness, FL 34453

Estimated Value: $111,673 - $192,000

0.66 Acres
$230,056 Price per Acre
28,750 Sq Ft Lot

Last Sold December 20, 2024

Last sale price $117,000

Est. 30% increase in value since last sale

Current estimated payment $844/month

57 Days on Market

About This Lot

As of December 2024

Currently .66 Acres of Commercial Vacant Land, Road Frontage on East Tangelo Lane and US HWY 41. Zoning is GNC (General Commercial) With 14100 VPD. Chain Link Fence Already on Property. All Utilities And Impact Fees Are Paid And Onsite. Property Is Approved For Auto Or Rv Sales Already. Call for a private showing today!

Last Agent to Sell the Property

Sean Bradley

Keller Williams-Elite Partners License #3346797 Listed on: 10/01/2024

Keller Williams-Elite Partners

Last Buyer's Agent

Sean Bradley

Keller Williams-Elite Partners License #3346797 Listed on: 10/01/2024

Keller Williams-Elite Partners

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $766

Lot Details

  • 0.66 Acre Lot
  • Cleared Lot
  • Property is zoned GNC

Schools

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

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Sportsman Park Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$766

Lot Details

0.66 Acres

Listing Details

  • Directions: US HWY 41 north to Inverness, Property is located on the East side of US HWY 41.
  • Lot Size Acres: 0.66
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Sportsman Park
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Lot Features: Cleared
  • Waterfront: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

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: 28734.0
  • Zoning: GNC
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 765.97
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Dec 13, 2024
Sold by
Crazy Daves Fireworks Llc
Bought by
Lira Jose Luis
Seller's Agent
Sean Bradley
Keller Williams-Elite Partners
Buyer's Agent
Sean Bradley
Keller Williams-Elite Partners
List Price
$130,000
Sold Price
$117,000
Premium/Discount to List
-$13,000
-10%
Views
23
Current Estimated Value
$151,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,837
Avg. Annual Appreciation
24.04%

Purchase Details

Closed on
Jul 13, 2023
Sold by
Griffins Tree Care Llc
Bought by
Crazy Daves Fireworks Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2018
Sold by
Wilder Ridhard and Wilder Tara
Bought by
Griffin Tree Care Llc

Purchase Details

Closed on
Dec 5, 2007
Sold by
German Ricky and German Deborah
Bought by
Wilder Richard and Wilder Tara

Purchase Details

Closed on
Mar 13, 2002
Sold by
Tuten William Lee and Tuten Zettia Belinda
Bought by
German Ricky and German Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 1, 2000
Bought by
Wilder Richard and Wilder Tara

Purchase Details

Closed on
Jul 1, 1991
Bought by
Wilder Richard and Wilder Tara
Source: Public Records
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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
Lira Jose Luis $117,000 Southeast Title
Crazy Daves Fireworks Llc $67,000 Compass Title
Griffin Tree Care Llc $50,000 North Central Flroida Ttile
Wilder Richard $110,000 American Title Services Of C
German Ricky $73,000 American Title Services Of C
Wilder Richard $42,400 --
Wilder Richard $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crazy Daves Fireworks Llc $48,750
Previous Owner German Ricky $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2024 12/20/24 Sold $117,000 -10.0% --
11/27/2024 11/27/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $130,000 -- --
Source: REALTORS® Association of Citrus County

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 $759 $68,790 $61,240 $7,550
2024 $766 $45,380 $43,850 $1,530
2023 $766 $45,380 $43,850 $1,530
2022 $795 $49,110 $43,530 $5,580
2021 $763 $47,450 $41,970 $5,480
2020 $719 $47,450 $41,970 $5,480
2019 $729 $47,450 $41,970 $5,480
2018 $870 $55,840 $50,360 $5,480
2017 $1,124 $67,780 $50,360 $17,420
2016 $1,249 $72,940 $56,000 $16,940
2015 $1,276 $73,040 $56,000 $17,040
2014 $1,288 $71,310 $55,905 $15,405
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 837910

REALTORS® Association of Citrus County

APN: 20E-19S-06-0010-00000-0015

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