NOT LISTED FOR SALE

504 Palma Ceia Point Inverness, FL 34450

Estimated Value: $252,243 - $327,000

2 Beds
2 Baths
1,544 Sq Ft
$192/Sq Ft Est. Value

Last Sold May 26, 2015

Last sale price $123,000 $80 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,897/month

47 Days on Market

Highlights

  • Boat Dock
  • Updated Kitchen
  • Cathedral Ceiling
  • Primary Bedroom Suite
  • Open Floorplan
  • Wood Flooring

About This Home

As of May 2015

Bring your boat and fishing pole 2 bdrm, 2 bath, 2 car garage plus dock #10 included - $100 yr! Furnishings negotiable. Top of line remodeling with wood & stone flooring, custom kitchen with upgraded cabinets, appliances (gas range) and corian counters, baths with custom vanities, central vac,. Enclosed lanai with H/A & fireplaces. Fabulous location close to town, bike path, parks and city amenities - walking distance!

Last Agent to Sell the Property

Robert Tessmer

Coldwell Banker Investors Realty License #173645 Listed on: 03/11/2015

Coldwell Banker Investors Realty

Last Buyer's Agent

Lori Marra

Coldwell Banker Investors Realty License #3315634

Coldwell Banker Investors Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,210

Year Built

  • Built in 1988

Lot Details

  • 7,841 Sq Ft Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Sprinkler System
  • Zero Lot Line
  • Property is zoned LMD

HOA Fees

  • $115 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Mediterranean Architecture
  • Block Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,544 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Skylights
  • Fireplace
  • Thermal Windows
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heat Pump System
  • Water Heater
  • High Speed Internet

Community Details

Overview

  • Landings At Inverness Subdivision

Amenities

  • Shops

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,210

Year Built

Built in 1988

Lot Details

0

HOA Fees

$115 per month

Parking

2

Listing Details

  • Architectural Style: Mediterranean
  • Carport Y N: No
  • Directions: From Downtown Inverness to N. Apopka Ave., right on Vine St., left in to The Landings, left on San Remo, right on Palma Ceia to 2nd villa on right.
  • Garage Yn: Yes
  • Efficiency: Insulation, Windows
  • Lot Size Acres: 0.18
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Subdivision Name: Landings at Inverness
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave Hood Fan, Microwave, Refrigerator, Range Hood, Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Stone, Wood
  • Furnished: Unfurnished
  • Interior Amenities: Attic, Cathedral Ceiling(s), Decorative/Designer Lighting Fixtures, Dual Sinks, Eat-in Kitchen, Fireplace, Main Level Master, Master Suite, Open Floorplan, Pantry, Pull Down Attic Stairs, Stone Counters, Split Bedrooms, Shower Only, Skylights, Separate Shower, Updated Kitchen, Utility Room, Walk-In Closet(s), Wood Cabinets, Window Treatments
  • Living Area: 1544.0
  • Window Features: Blinds, Double Pane Windows, Drapes, Skylight(s), Thermal Windows

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Sprinkler/Irrigation, Landscaping, Lighting, Concrete Driveway
  • Foundation Details: Block
  • Lot Features: Cul-De-Sac, Zero Lot Line
  • Pool Features: None
  • Roof: Tile
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Truck Parking, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 115.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Dock, Shopping

Lot Info

  • Zoning: LMD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2210.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2018
Sold by
Hickman Diane M
Bought by
May Gerald P and May Geraldine
Current Estimated Value
$295,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,920
Outstanding Balance
$119,738
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$170,346

Purchase Details

Listed on
Mar 11, 2015
Closed on
May 21, 2015
Sold by
Hagen Mary C
Bought by
Hickman Diane M
Seller's Agent
Robert Tessmer
Coldwell Banker Investors Realty
Buyer's Agent
Lori Marra
Coldwell Banker Investors Realty
List Price
$129,900
Sold Price
$123,000
Premium/Discount to List
-$6,900
-5.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%

Purchase Details

Closed on
Dec 1, 2014
Sold by
Hagen Mary C and Estate Of Thomas J Hagen Jr
Bought by
Hagen Mary C

Purchase Details

Closed on
Jul 27, 2004
Sold by
Reasy John H and Reasy Virginia B
Bought by
Hagen Thomas J

Purchase Details

Closed on
Jul 1, 1990
Bought by
Hickman Diane M

Purchase Details

Closed on
Nov 1, 1987
Bought by
Hickman Diane M
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
May Gerald P $169,900 First Intl Title Inc
Hickman Diane M $123,000 American Title Svcs Citrus C
Hagen Mary C -- Attorney
Hagen Thomas J $135,000 American Title Services Of C
Hickman Diane M $75,000 --
Hickman Diane M $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open May Gerald P $135,920
Previous Owner Hagen Thomas J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2015 05/26/15 Sold $123,000 -5.3% $80 / Sq Ft
04/26/2015 04/26/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $129,900 -- $84 / 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 $1,771 $132,676 -- --
2023 $1,771 $128,812 $0 $0
2022 $1,749 $125,060 $0 $0
2021 $1,670 $121,417 $0 $0
2020 $1,659 $141,260 $7,000 $134,260
2019 $1,639 $136,022 $7,420 $128,602
2018 $1,361 $125,280 $7,420 $117,860
2017 $1,326 $101,315 $7,420 $93,895
2016 $1,291 $99,231 $7,420 $91,811
2015 $2,281 $99,840 $7,420 $92,420
2014 $2,211 $92,400 $7,359 $85,041
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 717001

REALTORS® Association of Citrus County

APN: 20E-19S-08-0070-00000-0320