NOT LISTED FOR SALE

5576 E Tangelo Ln Inverness, FL 34453

Estimated Value: $185,000 - $214,000

2 Beds
1.5 Baths
1,384 Sq Ft
$146/Sq Ft Est. Value

Last Sold January 23, 2023

Last sale price $160,000 $116 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,313/month

131 Days on Market

Highlights

  • No HOA
  • Central Air
  • Carpet
  • 1 Car Attached Garage
  • Level Lot
  • 1-Story Property

About This Home

As of January 2023

2/1 and a half bath House with a two car garage. In 2010 the Garage was converted into a full mother-in-law suite with full bath and full kitchen. Completely air conditioned and heated from a Heat Pump Mitsubishi Mini Split Unit. Now making the entire house a 3/2. With an oversized utility room for washer and dryer and plenty of storage space. Main house has newer carpet, new linoleum and newer paint. Back porch is screened in. A back deck that needs to be redone eventually. A completely fenced in backyard. Beautiful trees with a beautiful magnolia tree out front. This property is .34 of an acre. Brand new Roof in 2018/2019. There are two sheds on the property in the backyard. This home is 15 miles to Crystal River, 15 miles to Ocala and 75. Amazing location centered right in the middle of Citrus County. Total under Roof is 1592 sq feet. Property Taxes are Homesteaded and low each year. Cash Sale.

Last Agent to Sell the Property

Wendy Kleidman

Richr Homes License #3243454 Listed on: 09/13/2022

Last Buyer's Agent

Wendy Kleidman

Richr Homes License #3243454 Listed on: 09/13/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $433

Year Built

  • Built in 1972

Lot Details

  • 0.34 Acre Lot
  • Level Lot
  • Property is zoned CLR

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Block Foundation
  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,384 Sq Ft Home
  • 1-Story Property
  • Carpet

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Pleasant Grove Elementary School
  • Inverness Middle School
  • Citrus High School

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • Sportsman Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$433

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Architectural Style: One Story
  • Carport Y N: No
  • Directions: Slight right onto US Hwy 41 N 2.0 mi Turn right onto E Tangelo Ln
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.34
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: None
  • Building Stories: 1
  • Subdivision Name: Sportsman Park
  • Year Built: 1972
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Microwave
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Living Area: 1384.0
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Paved Driveway
  • Foundation Details: Block
  • Lot Features: Flat
  • Pool Features: None
  • Roof: Built-Up
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Driveway, Garage, Paved
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Pleasant Grove Elementary
  • High School: Citrus High
  • Middle Or Junior School: Inverness Middle

Lot Info

  • Additional Parcels: No
  • Zoning: CLR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 433.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2022
Closed on
Jan 10, 2023
Sold by
Smith Christina L
Bought by
Mohammed Shireen and Bridgewater Migel
Seller's Agent
Wendy Kleidman
Richr Homes
Buyer's Agent
Wendy Kleidman
Richr Homes
List Price
$230,000
Sold Price
$160,000
Premium/Discount to List
-$70,000
-30.43%
Views
119
Current Estimated Value
$201,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,539
Avg. Annual Appreciation
9.40%
Original Mortgage
$128,000
Outstanding Balance
$124,124
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$77,415

Purchase Details

Closed on
Jun 16, 2009
Sold by
Buchanan William C and Buchanan William
Bought by
Smith Diana J

Purchase Details

Closed on
Aug 26, 2005
Sold by
Spires Stuart E and Spires Tracy M
Bought by
Buchanan William

Purchase Details

Closed on
Feb 12, 2003
Sold by
Paul Frank C and Paul Evelyn M
Bought by
Spires Stuart E and Spires Tracy M
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
Mohammed Shireen $160,000 Richr Title
Smith Diana J -- Attorney
Buchanan William $60,000 Dba Crystal River Title
Spires Stuart E $50,000 First Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohammed Shireen $128,000
Previous Owner Smith Diana J $51,900
Previous Owner Smith Diana J $40,000
Previous Owner Smith Diana Jean $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $160,000 -27.3% $116 / Sq Ft
09/19/2022 09/19/22 Price Changed $220,000 -4.3% $159 / Sq Ft
09/13/2022 09/13/22 For Sale $230,000 -- $166 / 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 $2,563 $162,675 $14,040 $148,635
2023 $2,563 $160,166 $14,040 $146,126
2022 $456 $45,150 $0 $0
2021 $433 $43,835 $0 $0
2020 $369 $86,763 $3,950 $82,813
2019 $358 $72,510 $3,950 $68,560
2018 $327 $56,410 $3,280 $53,130
2017 $320 $40,617 $2,730 $37,887
2016 $316 $39,782 $2,730 $37,052
2015 $255 $36,020 $3,010 $33,010
2014 $263 $36,073 $4,000 $32,073
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2023

    Wendy Kleidman

    Richr Homes

See All Agents

Map

Source: REALTORS® Association of Citrus County

MLS Number: 816636

REALTORS® Association of Citrus County

APN: 20E-19S-06-0010-00000-0500

Florida Citrus County Inverness 34453

5576 E Tangelo Ln, Inverness, FL

This home is located at 5576 E Tangelo Ln, Inverness, FL 34453 since 13 September 2022 and is currently estimated at $201,539, approximately $145 per square foot. This property was built in 1972. 5576 E Tangelo Ln is a home located in Citrus County with nearby schools including Hernando Elementary School, Inverness Middle School, and Citrus High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTORS® Association of Citrus County IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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