NOT LISTED FOR SALE

5525 S Luray Terrace Inverness, FL 34452

Estimated Value: $249,000 - $284,000

2 Beds
2 Baths
1,752 Sq Ft
$152/Sq Ft Est. Value

Last Sold November 20, 2014

Last sale price $63,000 $36 Per Sq Ft

Est. 323% increase in value since last sale

Current estimated payment $1,540/month

76 Days on Market

Highlights

  • 0.54 Acre Lot
  • No HOA
  • Ceramic Tile Flooring
  • Ranch Style House
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of November 2014

Nice 3 bedroom, 2 bathroom home featuring a fireplace in living room and a screened in patio/all season room on a 1/2 acre lot in Inverness Highlands neighborhood.

Last Agent to Sell the Property

David Heroux

Tropic Shores Realty License #3165727 Listed on: 08/06/2014

Last Buyer's Agent

Tonya Koch

Landmark Realty License #3151478

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,296

Year Built

  • Built in 1986

Lot Details

  • 0.54 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • 1,752 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Concrete Block And Stucco Construction

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,296

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Ranch
  • Carport Y N: No
  • Directions: SS Pleasant Grove Rd to E Anna Jo Dr to S Luray Terrace, home on left
  • Garage Yn: Yes
  • Lot Size Acres: 0.54
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 1986
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Furnished: Unfurnished
  • Living Area: 1752.0

Exterior Features

  • Construction Type: Block, Concrete
  • Foundation Details: Block
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1296.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2016
Sold by
Knechtel Richard G and Knechtel Angela B
Bought by
Knechtel Justin R
Current Estimated Value
$266,540

Purchase Details

Listed on
Aug 6, 2014
Closed on
Nov 20, 2014
Sold by
U S Bank National Association
Bought by
Knechtel Richard G and Knechtel Angela B
Seller's Agent
David Heroux
Tropic Shores Realty
Buyer's Agent
Tonya Koch
Landmark Realty
List Price
$72,000
Sold Price
$63,000
Premium/Discount to List
-$9,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.29%

Purchase Details

Closed on
Jun 24, 2014
Sold by
Holroyd Barbara A and Nationstar Mortgage Llc
Bought by
U S Bank National Association

Purchase Details

Closed on
Jun 12, 2014
Sold by
Holroyd Barbara A and Nationstar Mortgage Llc
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 1, 2004
Bought by
Knechtel Justin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
2.91%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 1987
Bought by
Knechtel Justin R

Purchase Details

Closed on
May 1, 1986
Bought by
Knechtel Justin R

Purchase Details

Closed on
Mar 1, 1986
Bought by
Knechtel Justin R
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
Knechtel Justin R -- Attorney
Knechtel Richard G $63,000 None Available
U S Bank National Association $38,000 None Available
U S Bank National Association $38,000 None Available
Knechtel Justin R $100 --
Knechtel Justin R $40,300 --
Knechtel Justin R $100 --
Knechtel Justin R $6,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knechtel Justin R $65,000
Closed Knechtel Justin R $65,000
Closed Knechtel Justin R $73,700
Previous Owner Holroyd Barbara A $300,240
Previous Owner Holroyd Barbara A $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2014 11/20/14 Sold $63,000 -12.5% $36 / Sq Ft
10/21/2014 10/21/14 Pending -- -- --
08/06/2014 08/06/14 For Sale $72,000 -- $41 / 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 $1,051 $103,122 -- --
2023 $1,051 $100,118 $0 $0
2022 $984 $97,202 $0 $0
2021 $943 $94,371 $0 $0
2020 $878 $140,640 $9,000 $131,640
2019 $861 $133,618 $7,250 $126,368
2018 $830 $117,310 $8,290 $109,020
2017 $821 $87,444 $8,290 $79,154
2016 $821 $85,508 $9,030 $76,478
2015 $954 $78,502 $10,630 $67,872
2014 $1,298 $71,880 $11,045 $60,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 712203

REALTORS® Association of Citrus County

APN: 20E-19S-30-001A-0423A-0035