NOT LISTED FOR SALE

5001 E Tangelo Ln Inverness, FL 34453

Inverness Area

Estimated Value: $110,225 - $147,000

0.66 Acre
$194,868 Price per Acre
28,734 Sq Ft Lot

Sale Details

Date Sold: December 20, 2024

Last sale price $117,000

Est. 10% increase in value since last sale

Current estimated payment $769 / mo

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

  • 28,734 Sq Ft 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Dec 13, 2024
Sold by
Bought by
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
$128,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,613
Avg. Annual Appreciation
6.05%

Purchase Details

Closed on
Jul 13, 2023
Sold by
Bought by

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
0.0607%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2018
Sold by
Bought by

Purchase Details

Closed on
Dec 5, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 13, 2002
Sold by
Bought by

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
0.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 1, 2000
Bought by

Purchase Details

Closed on
Jul 1, 1991
Bought by
Source: Public Records
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$117,000 Southeast Title
$67,000 Compass Title
$50,000 North Central Flroida Ttile
$110,000 American Title Services Of C
$73,000 American Title Services Of C
$42,400 --
$30,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $30,000
Previous Owner $48,750
Previous Owner $68,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • Section Image
See All Agents

Map

Source: REALTORS® Association of Citrus County

MLS Number: 837910

REALTORS® Association of Citrus County

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

Your Personal Tour Guide

Ask me questions while you tour the home.