NOT LISTED FOR SALE

515 S Canaday Dr Inverness, FL 34450

Estimated Value: $513,851 - $642,000

4 Beds
3 Baths
2,665 Sq Ft
$217/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $347,000 $130 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,545/month

290 Days on Market

Highlights

  • Lake Front
  • Water Access
  • Primary Bedroom Suite
  • Docks
  • In Ground Pool
  • Updated Kitchen

About This Home

As of July 2020

Paradise found on Gospel Island! The luxurious 2-story home with an in ground pool, screened patio and boat dock invites comfort, and displays modern elegance. With 4 bedrooms, 3 bathrooms, generous living space and stylish finishes, you'll love a perfect setting for relaxing & entertaining. Enjoy gathering in the generously sized living/dining area graced by a fireplace and french doors that lead out to the rear lanai. The recently-renovated gourmet kitchen will inspire your inner chef with its granite counters, large center island, walk-in pantry, and stainless steel appliances. Divine master suite features french doors overlooking the lanai and a lavish en suite bath will a soaking tub and separate glass shower. Finishing off the main floor is an additional guest bedroom and bathroom. The second story offers two large bedrooms, bathroom with dual sinks not to mention a walk-in attic with plenty of storage! This unique shaped property offers a secluded lot w/water access.

Last Listed By

Laurie Callahan

Century 21 J.W.Morton R.E. License #3364331 Listed on: 08/30/2019

Century 21 J.W.Morton R.E.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,508

Year Built

  • Built in 1986

Lot Details

  • 0.53 Acre Lot
  • Lake Front
  • Property fronts a county road
  • Fenced Yard
  • Vinyl Fence
  • Landscaped
  • Irregular Lot
  • Property is zoned CLR

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Block Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,665 Sq Ft Home
  • Multi-Level Property
  • Open Floorplan
  • Gas Fireplace
  • French Doors
  • Ceramic Tile Flooring

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry in unit
  • Laundry Tub

Outdoor Features

  • In Ground Pool
  • Water Access
  • Docks
  • Lake Privileges
  • Shed

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

Overview

  • No Home Owners Association
  • Gospel Island Homesites Subdivision

Amenities

  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,508

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Multi-Level
  • Carport Y N: No
  • Directions: From downtown Inverness, Take E Gospel Island rd, right onto S Canaday, home is on the L, see sign.
  • Water Frontage Type: Lakefront
  • Garage Yn: Yes
  • Lot Size Acres: 0.53
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Gospel Island Homesites
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Microwave Hood Fan, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile
  • Interior Amenities: Breakfast Bar, Bathtub, Dual Sinks, Eat-in Kitchen, Fireplace, Garden Tub/Roman Tub, Main Level Master, Master Suite, Open Floorplan, Pantry, Solid Surface Counters, Separate Shower, Updated Kitchen, Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 2665.0

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Landscaping, Concrete Driveway
  • Fencing: Vinyl, Yard Fenced
  • Foundation Details: Block
  • Lot Features: Irregular Lot
  • Other Structures: Shed(s)
  • Pool Features: In Ground, Pool
  • Roof: Metal
  • Waterfront Features: Boat Dock/Slip, Lake Privileges, Lake Front, Water Access
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Shopping

Schools

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

Lot Info

  • Lot Size Sq Ft: 23129.0
  • Zoning: CLR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1507.75
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2019
Closed on
Jul 15, 2020
Sold by
Maddox David K and Maddox Stephanie D
Bought by
Cahela Lynsie Marie and Roddenberry Christopher Scott
Seller's Agent
Laurie Callahan
Century 21 J.W.Morton R.E.
Buyer's Agent
Laurie Callahan
Century 21 J.W.Morton R.E.
List Price
$374,000
Sold Price
$347,000
Premium/Discount to List
-$27,000
-7.22%
Total Days on Market
290
Current Estimated Value
$578,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,213
Avg. Annual Appreciation
11.76%
Original Mortgage
$337,565
Outstanding Balance
$302,645
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$293,064

Purchase Details

Closed on
Nov 23, 2004
Sold by
Fields Deborah K and Estate Of Bessie Marie Perry
Bought by
Maddox David K and Maddox Stephanie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2004
Sold by
Hughes Joe and Perry Toni M
Bought by
Maddox David K and Maddox Stephanie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 2004
Bought by
Maddox David K and Maddox Stephanie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2003
Sold by
Deduct Bluhm Randall Steven and Deduct Bluhm Revocable Marital
Bought by
Perry Toni M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2003
Sold by
Staten Edward E and Staten Cynthia H
Bought by
Deduct Bluhm Randall Steven and Deduct Bluhm Revocable Marital

Purchase Details

Closed on
Apr 1, 1992
Bought by
Maddox David K and Maddox Stephanie D

Purchase Details

Closed on
Dec 1, 1985
Bought by
Maddox David K and Maddox Stephanie D

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
Cahela Lynsie Marie $347,000 American Title Svc Agcy Llc
Maddox David K $200,000 --
Maddox David K -- Dba Crystal River Title
Maddox David K $100 --
Perry Toni M $160,000 Dba Crystal River Title
Deduct Bluhm Randall Steven $90,000 Crystal River Title Company
Maddox David K $4,200 --
Maddox David K $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cahela Lynsie Marie $12,829
Open Cahela Lynsie Marie $337,565
Previous Owner Maddox David K $114,000
Previous Owner Maddox David K $50,000
Previous Owner Maddox David K $160,000
Previous Owner Perry Toni M $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $347,000 -7.2% $130 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
08/30/2019 08/30/19 For Sale $374,000 -- $140 / 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 $3,704 $285,569 -- --
2023 $3,704 $277,251 $0 $0
2022 $3,465 $269,176 $0 $0
2021 $3,325 $261,336 $0 $0
2020 $1,530 $257,361 $24,750 $232,611
2019 $1,508 $235,888 $24,750 $211,138
2018 $1,431 $211,269 $24,750 $186,519
2017 $1,423 $126,458 $24,700 $101,758
2016 $1,436 $123,857 $17,020 $106,837
2015 $1,455 $122,996 $14,460 $108,536
2014 $1,483 $122,020 $14,330 $107,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 785605

REALTORS® Association of Citrus County

APN: 20E-19S-09-0010-000A0-0020