NOT LISTED FOR SALE

5399 S Velour Loop Homosassa, FL 34446

Estimated Value: $164,000 - $198,972

3 Beds
2 Baths
1,066 Sq Ft
$175/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $153,000 $144 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,205/month

4 Days on Market

Highlights

  • Corner Lot
  • Patio
  • Central Heating and Cooling System
  • No HOA
  • Shed
  • Combination Dining and Living Room

About This Home

As of November 2021

Cute & Cozy 3/2 with just a short drive to the Gulf or Homosassa Springs, conveniently located close to shops, stores and restaurants. Open floor plan concept 3BR/2BA with features you'll appreciate such as new flooring (luxury vinyl plank), fresh interior & exterior paint (neutral colors), new stainless steel appliances and wood cabinets in the kitchen, and privately nestled in Sunny Skies subdivision. Instant gratification can be yours with this affordable sound investment. Call today to schedule your own private tour.

Last Agent to Sell the Property

Holly Schmidt

MAGNOLIA HOMES AND LAND LLC License #3302003 Listed on: 10/22/2021

Co-Listed By

Chelsea Dejoie

MAGNOLIA HOMES AND LAND LLC License #3494070

Last Buyer's Agent

OUT OF AREA REALTOR

License #66666

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,308

Year Built

  • Built in 2003

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x84
  • Southeast Facing Home
  • Wood Fence
  • Board Fence
  • Corner Lot
  • Cleared Lot
  • Property is zoned MDR

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,066 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed

Schools

  • Homosassa Elementary School
  • Crystal River Middle School
  • Crystal River High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • New Homosassa Village Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,308

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1066
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 1066
  • Lot Size Sq Ft: 11157
  • Directions to Property: From Ocala take SR-200 towards Citrus County, slight right on 491/N Lecanto Hwy, take it about 16 miles & make a right on W Grover Cleveland Blvd, left on Arrowhead Dr, right on S Legend Dr, left on W Green Acres St, right on S Memorial Dr, left on W Sasser St, Right on W Village Dr, left on S Velour Loop. It is the first home on the right.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM629176?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM629176?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.02001
  • Price per Sq Ft: 143.53
  • Close to Original List Price Ratio: 1.02001
  • Ratio: Current Price\Building Area Total: 143.53
  • View: No
  • Co List Office Mls Id: 271515385
  • Co List Office Phone: 352-895-0072
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Thermostat
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5399
  • Room Count: 4

Exterior Features

  • Direction Faces: Southeast
  • Other Structures: Shed(s)
  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Water View Y N: No
  • Number Of Wells: 1
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Off Street
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Homosassa Elementary School
  • High School: Crystal River High School
  • Middle Or Junior School: Crystal River Middle School

Lot Info

  • Zoning: MDR
  • Parcel Number: 17E-19S-35-0200-00000-0290
  • Additional Parcels: No
  • Fencing: Board, Wood
  • Lot Features: Cleared, Corner Lot
  • Lot Dimensions: 75x84
  • Flood Zone Code: X

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1308.33
  • Tax Block: None
  • Tax Book Number: 4-92
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2021
Closed on
Nov 24, 2021
Sold by
B Simple Investment Properties Inc
Bought by
Kovacic Michael O
Seller's Agent
Holly Schmidt
MAGNOLIA HOMES AND LAND LLC
Buyer's Agent
OUT OF AREA REALTOR
List Price
$149,999
Sold Price
$153,000
Premium/Discount to List
$3,001
2%
Current Estimated Value
$191,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,218
Avg. Annual Appreciation
6.32%
Original Mortgage
$114,750
Interest Rate
3.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 12, 2021
Sold by
Santucci Heidi
Bought by
B Simple Investment Properties Inc

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
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2003
Sold by
Habitat For Humanity Of Citrus Cnty Inc
Bought by
Coursen Martha Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,640
Interest Rate
5.6%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kovacic Michael O $153,000 Attorney
B Simple Investment Properties Inc $2,000 Attorney
Coursen Martha Elaine $41,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kovacic Michael O $114,750
Previous Owner B Simple Investment Properties Inc $85,000
Previous Owner Coursen Martha Elaine $41,640
Closed Coursen Martha Elaine $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $153,000 +2.0% $144 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $149,999 -- $141 / Sq Ft
Source: Stellar MLS

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 $1,960 $149,085 $13,100 $135,985
2023 $1,960 $142,097 $10,200 $131,897
2022 $1,714 $124,187 $6,000 $118,187
2021 $1,491 $100,690 $4,350 $96,340
2020 $1,308 $82,867 $4,350 $78,517
2019 $441 $78,760 $4,250 $74,510
2018 $400 $68,861 $4,750 $64,111
2017 $392 $45,300 $5,270 $40,030
2016 $390 $44,368 $3,300 $41,068
2015 $388 $44,060 $4,120 $39,940
2014 $393 $43,710 $5,755 $37,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM629176

Stellar MLS

APN: 17E-19S-35-0200-00000-0290