NOT LISTED FOR SALE

51 S Needles Point Inverness, FL 34453

Estimated Value: $419,000 - $440,000

0.52 Acre
$828,892 Price per Acre
22,651 Sq Ft Lot

Last Sold July 15, 2020

Last sale price $14,000

Est. 2,979% increase in value since last sale

Current estimated payment $2,498/month

1,127 Days on Market

Highlights

  • Gated Community
  • Cul-De-Sac
  • Rectangular Lot
  • Room in yard for a pool

About This Lot

As of July 2020

Beautiful I/2 acre lot in Gated community with gentle rolling hills of Belmont Hills waiting for you to build your Dream Home. A clear level lot on Cul-de-Sac with under ground utilities and room for a pool. And of coarse near to shopping, banking and medical offices. You can also enjoy the community pool. With access citrus Hills Golf and Country Club, The Oaks, The Meadows, Ocala National and Skyview golf courses. Also excellent tennis, with lessons, leagues and playing opportunities at Citrus Hills Golf and Country Club.

Last Agent to Sell the Property

Frank Yuelling Jr.

Inverness Horizon Realty License #454027 Listed on: 05/17/2017

Last Buyer's Agent

Stephen Dobbyn

Berkshire Hathaway Homeservice License #593368

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $203

Year Built

  • 2023

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 121x190
  • Property fronts a private road
  • Cul-De-Sac
  • Rectangular Lot
  • Level Lot
  • Property is zoned PDR

HOA Fees

  • $66 Monthly HOA Fees

Utilities

  • Septic Needed

Community Details

Overview

  • Association fees include pool(s)
  • Belmont Hills Association
  • Citrus Hills Belmont Hills Subdivision

Recreation

  • Community Pool
  • Room in yard for a pool

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$203

Year Built

2023

Lot Details

0

HOA Fees

$66 per month

Listing Details

  • Directions: Hwy 44 to S Run For The Roses Dr (Clearview Estates entrance) to left on S Secretariat Pt, left on E Seattle Slew Circle, left on E Seabiscuit Pl, right on E Whirl Away Circle, right on S needles Pt
  • Lot Size Acres: 0.52
  • Lot Size: 121x190
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Citrus Hills - Belmont Hills
  • Special Features: VirtualTour
  • Year Built (Public Record): 2023

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Single Family

Exterior Features

  • Exterior Features: Room For Pool
  • Lot Features: Cul-De-Sac, Flat, Rectangular
  • Pool Features: Community
  • Waterfront: No

Utilities

  • Security: Gated Community
  • Sewer: Septic Needed
  • Utilities: Cable Available, None, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 792.0
  • Association Fee Frequency: Annually
  • Association Name: BELMONT HILLS
  • Association: Yes
  • Community Features: Gated

Fee Information

  • Association Fee Includes: Pool(s)

Lot Info

  • Lot Size Sq Ft: 22651.0
  • Zoning: PDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 203.23
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2024
Sold by
Denaro Robert John and Denaro Roxana
Bought by
Denaro Robert John and Denaro Roxana
Total Days on Market
1127
Current Estimated Value
$431,024

Purchase Details

Closed on
Jul 6, 2022
Sold by
Citrus Hills Investment Properties
Bought by
Denaro Robert John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,561
Interest Rate
5.37%
Mortgage Type
Construction

Purchase Details

Listed on
May 17, 2017
Closed on
Jul 14, 2020
Sold by
Riccobono Vincent M and Riccobono Krista M
Bought by
Citrus Bills Investment Properties Llc
Seller's Agent
Frank Yuelling Jr.
Inverness Horizon Realty
Buyer's Agent
Stephen Dobbyn
Berkshire Hathaway Homeservice
List Price
$24,900
Sold Price
$14,000
Premium/Discount to List
-$10,900
-43.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.97%

Purchase Details

Closed on
May 3, 2005
Sold by
Redpath Richard T and Redpath Ella C
Bought by
Riccobono Vincent M and Riccobono Krista M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2001
Sold by
Citrus Hills Investment Prop
Bought by
Redpath Richard T and Redpath Ella C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Date Buyer Sale Price Title Company
Denaro Robert John -- None Listed On Document
Denaro Robert John -- None Listed On Document
Denaro Robert John $40,000 Manatee Title
Citrus Bills Investment Properties Llc $14,000 American Ttl Svcs Of Citrus
Riccobono Vincent M $47,000 Manatee Title Co Inc
Redpath Richard T $48,900 Manatee Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Denaro Robert John $415,561
Previous Owner Riccobono Vincent M $31,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $14,000 -43.8% --
06/15/2020 06/15/20 Pending -- -- --
05/15/2017 05/15/17 For Sale $24,900 -- --
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 $268 $332,204 $22,000 $310,204
2023 $268 $17,600 $17,600 $0
2022 $225 $14,000 $14,000 $0
2021 $203 $12,420 $12,420 $0
2020 $210 $12,650 $12,650 $0
2019 $203 $12,650 $12,650 $0
2018 $162 $10,540 $10,540 $0
2017 $165 $10,540 $10,540 $0
2016 $172 $10,540 $10,540 $0
2015 $176 $10,550 $10,550 $0
2014 $182 $10,540 $10,540 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: REALTORS® Association of Citrus County

MLS Number: 758075

REALTORS® Association of Citrus County

APN: 19E-19S-04-0010-000B0-0180