NOT LISTED FOR SALE

505 Wright St Inverness, FL 34452

Estimated Value: $194,000 - $247,000

2 Beds
2 Baths
1,112 Sq Ft
$196/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $146,500 $132 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,422/month

19 Days on Market

Highlights

  • Primary Bedroom Suite
  • Cathedral Ceiling
  • Eat-In Kitchen
  • Updated Kitchen
  • No HOA
  • Attached Carport

About This Home

As of December 2020

Beautifully updated 2001 large 2 Bedroom, 2 Bathroom home. Boasts a brand new front screened porch with 2 spacious Storage Buildings one with electric and concrete block Carport (could easily be enclosed ). Breakfast nook with plenty of sunshine and interior laundry! Rich wood cabinets in upgraded kitchen. Backyard is privacy fenced (double gated)with your own avocado, banana trees and pineapple plants. Beautiful setting for entertaining. NEW ROOF-December 2017. Home is close to downtown, shopping, 2 Inverness lakefront parks, 46-mile Rails to Trails multi-use trail, hospital, medical offices and restaurants. All of this and CITY WATER. Come take a look before it's gone! Pictures don't show true colors...soft sage exterior. Move in ready and so easy to view ...call today!

Last Agent to Sell the Property

Jacqueline Beech

ERA American Suncoast Realty License #3386717 Listed on: 11/06/2020

Co-Listed By

Sarah Spencer

ERA American Suncoast Realty License #701043

Last Buyer's Agent

Haley Roddenberry

Wave Elite Realty LLC License #3395620

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $938

Year Built

  • Built in 2001

Lot Details

  • 9,601 Sq Ft Lot
  • Rectangular Lot
  • Level Lot
  • Property is zoned LD

Home Design

  • Block Foundation
  • Stem Wall Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,112 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Blinds
  • Laminate Flooring

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer

Parking

  • 1 Parking Space
  • Attached Carport
  • Driveway

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Inverness Highlands South Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$938

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Architectural Style: Ranch, One Story
  • Carport Y N: Yes
  • Co List Office Mls Id: 0860
  • Co List Office Phone: (352) 726-5855
  • Directions: Downtown Inverness 41/44 take S. Apopka, L-Wright St., Home on Right, Look for sign
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 0.22
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Building Stories: 1
  • Subdivision Name: Inverness Highlands South
  • Year Built: 2001
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Master Suite, Updated Kitchen
  • Living Area: 1112.0
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block, Stem Wall
  • Lot Features: Flat, Rectangular
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: Attached Carport, Concrete, Driveway
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Laundry - Living Area
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 9601.0
  • Zoning: LD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 938.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Dec 21, 2020
Sold by
Lee Lizabeth
Bought by
Pieper Jon R and Pieper Debra J
Seller's Agent
Jacqueline Beech
ERA American Suncoast Realty
Buyer's Agent
Haley Roddenberry
Wave Elite Realty LLC
List Price
$148,500
Sold Price
$146,500
Premium/Discount to List
-$2,000
-1.35%
Current Estimated Value
$218,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,921
Avg. Annual Appreciation
8.70%
Original Mortgage
$131,850
Outstanding Balance
$117,386
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$101,035

Purchase Details

Listed on
Jan 4, 2018
Closed on
Apr 16, 2018
Sold by
U S Bank Trust N A
Bought by
Lee Lizabeth
Seller's Agent
Donald "Donnie" Bass
Citrus Real Estate Services
Buyer's Agent
Katie Spires
Keller Williams Realty - Elite Partners II
List Price
$125,900
Sold Price
$115,000
Premium/Discount to List
-$10,900
-8.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Original Mortgage
$98,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2017
Sold by
Watson Lori L and Watson Anthony
Bought by
U S Bank Trust Na and Lsf9 Master Participation Trust

Purchase Details

Closed on
Oct 5, 2017
Sold by
Watson Lori L and Watson Anthony
Bought by
U S Bank Trust Na and Lsf9 Master Participation Trust

Purchase Details

Closed on
Feb 23, 2001
Sold by
Clyde Cosgrove Builders Inc
Bought by
Watson Lori L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
7.06%

Purchase Details

Closed on
Nov 10, 2000
Sold by
Vitalo Joseph A and Vitalo Yu Nu
Bought by
Cosgrove Clyde
Source: Public Records

Range of Values:

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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
Pieper Jon R $146,500 Citrus Title Company Llc
Lee Lizabeth $115,000 Hillsborough Titlke Inc
U S Bank Trust Na $91,600 None Available
U S Bank Trust Na $91,600 None Available
Watson Lori L $67,000 Crystal River Title
Cosgrove Clyde $8,500 Crystal River Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pieper Jon R $131,850
Previous Owner Lee Lizabeth $98,000
Previous Owner Watson Lori L $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $146,500 -1.3% $132 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $148,500 +29.1% $134 / Sq Ft
04/20/2018 04/20/18 Sold $115,000 -8.7% $103 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $125,900 -- $113 / 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 $3,169 $172,040 $8,800 $163,240
2023 $3,169 $163,841 $7,600 $156,241
2022 $2,751 $137,475 $10,000 $127,475
2021 $2,369 $110,215 $3,850 $106,365
2020 $1,021 $100,460 $3,680 $96,780
2019 $938 $90,130 $3,480 $86,650
2018 $2,241 $98,688 $3,480 $95,208
2017 $1,602 $70,110 $3,480 $66,630
2016 $1,562 $68,067 $2,580 $65,487
2015 $578 $50,972 $2,580 $48,392
2014 $602 $50,567 $4,034 $46,533
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 796237

REALTORS® Association of Citrus County

APN: 20E-19S-21-0020-02120-0070