NOT LISTED FOR SALE

511 Palma Ceia Point Inverness, FL 34450

Estimated Value: $287,066 - $301,000

2 Beds
2 Baths
1,591 Sq Ft
$185/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $175,000 $110 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,946/month

86 Days on Market

Highlights

  • Docks
  • Primary Bedroom Suite
  • Open Floorplan
  • Community Boat Facilities
  • Waterfront
  • Cathedral Ceiling

About This Home

As of July 2020

REDUCED!! BEAUTIFUL MOVE-IN READY VILLA. LOCATED IN THE LANDINGS AT INVERNESS-JUST MINUTES FROM DOWNTOWN, NEW LAKEFRONT PARK & PAVILLION AND BIKE TRAIL. This two bedroom, two bath split plan has loads of nice features. Large bedrooms, Glass enclosed porch, light bright nook for everyday dining plus formal dining area. Master suite has two walk-in closets, step in shower and double vanity. All exterior grounds care included in low monthly fee. City water and sewer. New tile roof installed in March 2020. Asking $185,900.00

Last Agent to Sell the Property

Pat Davis

Century 21 J.W.Morton R.E. License #152632 Listed on: 03/07/2020

Century 21 J.W.Morton R.E.

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

  • $3,237

Year Built

  • Built in 1989

Lot Details

  • 5,663 Sq Ft Lot
  • Waterfront
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Sprinkler System
  • Property is zoned LMD

HOA Fees

  • $115 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,591 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Skylights
  • Double Pane Windows
  • Single Hung Windows
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Built-In Microwave
  • Dishwasher
  • Laminate Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

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

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Docks
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • High Speed Internet

Community Details

Overview

  • Association fees include ground maintenance, street lights
  • The Landings HOA, Phone Number (352) 465-6933
  • Landings At Inverness Subdivision

Amenities

  • Shops

Recreation

  • Community Boat Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,237

Year Built

Built in 1989

Lot Details

0

HOA Fees

$115 per month

Parking

2

Listing Details

  • Architectural Style: Mediterranean
  • Carport Y N: No
  • Directions: N. Apopka to Rt. on Vine to Lt at Landings entrance to Rt. on Palma Ceia to next to last unit on left at end of cul de sac
  • Water Frontage Type: Waterfront
  • Garage Yn: Yes
  • Lot Size Acres: 0.13
  • 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: 1989
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave Hood Fan, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Dual Sinks, Eat-in Kitchen, Laminate Counters, Main Level Master, Master Suite, Open Floorplan, Pantry, Split Bedrooms, Shower Only, Skylights, Separate Shower, Walk-In Closet(s), Wood Cabinets, First Floor Entry
  • Living Area: 1591.0
  • Window Features: Double Pane Windows, Single Hung, Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Frame, Stucco
  • Exterior Features: Sprinkler/Irrigation, Landscaping, Lighting, Concrete Driveway
  • Foundation Details: Slab
  • Lot Features: Cul-De-Sac, Flat, Rectangular
  • Pool Features: None
  • Roof: Tile
  • Waterfront Features: Boat Dock/Slip, Water Access
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry - Living Area
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 115.0
  • Association Fee Frequency: Monthly
  • Association Name: The Landings HOA
  • Phone: 352-465-6933
  • Association: Yes
  • Community Features: Boat Facilities, Shopping, Street Lights

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Lights

Schools

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

Lot Info

  • Zoning: LMD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3237.34
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2020
Closed on
Jun 25, 2020
Sold by
Keane John J and Keane Jane
Bought by
Ragan Leigh Sellers
Seller's Agent
Pat Davis
Century 21 J.W.Morton R.E.
Buyer's Agent
Lori Marra
Coldwell Banker Investors Realty
List Price
$198,900
Sold Price
$175,000
Premium/Discount to List
-$23,900
-12.02%
Current Estimated Value
$294,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,767
Avg. Annual Appreciation
10.59%

Purchase Details

Listed on
Feb 21, 2013
Closed on
Apr 12, 2013
Sold by
Joseph Maurice D and Joseph Barbara B
Bought by
Keane John J and Keane Jane
Seller's Agent
Barbara Quist
RE/MAX Advantage Realty
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%

Purchase Details

Closed on
Mar 16, 2007
Sold by
Moody Wilma D
Bought by
Joseph Maurice D and Joseph Barbara B

Purchase Details

Closed on
Oct 25, 2004
Sold by
Ware Virginia M
Bought by
Ware Virginia M and The Virginia M Ware Living Tru

Purchase Details

Closed on
Jun 5, 2003
Sold by
Coleman Jerry Allen
Bought by
Moody Wilma D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,850
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2002
Bought by
Keane John J and Keane Jane

Purchase Details

Closed on
Jan 1, 1996
Bought by
Keane John J and Keane Jane

Purchase Details

Closed on
Oct 1, 1989
Bought by
Keane John J and Keane Jane
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
Ragan Leigh Sellers $175,000 American Ttl Svcs Of Citrus
Keane John J $115,000 First Intl Title Inc
Joseph Maurice D $185,000 Citrus Land Title Llc
Ware Virginia M -- --
Moody Wilma D $123,000 Manatee Title Co Inc
Keane John J $100 --
Keane John J $65,000 --
Keane John J $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ragan Leigh Sellers $324,000
Previous Owner Moody Wilma D $20,000
Previous Owner Moody Wilma D $15,000
Previous Owner Moody Wilma D $116,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $175,000 -12.0% $110 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
03/07/2020 03/07/20 For Sale $198,900 +73.0% $125 / Sq Ft
04/12/2013 04/12/13 Sold $115,000 0.0% $72 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $115,000 -- $72 / 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 $2,738 $177,628 -- --
2023 $2,738 $172,454 $0 $0
2022 $2,665 $167,431 $0 $0
2021 $2,554 $162,554 $7,000 $155,554
2020 $3,355 $153,745 $7,000 $146,745
2019 $3,237 $147,828 $7,420 $140,408
2018 $3,010 $137,020 $7,420 $129,600
2017 $2,753 $124,230 $7,420 $116,810
2016 $2,481 $108,120 $7,420 $100,700
2015 $2,377 $108,740 $7,420 $101,320
2014 $2,216 $92,640 $6,943 $85,697
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 790753

REALTORS® Association of Citrus County

APN: 20E-19S-08-0070-00000-0560