NOT LISTED FOR SALE

5581 W Chive Loop Homosassa, FL 34448

Estimated Value: $313,068 - $334,000

3 Beds
2 Baths
2,078 Sq Ft
$155/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $337,000 $162 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,903/month

71 Days on Market

Highlights

  • Open Floorplan
  • 2 Car Attached Garage
  • Double Pane Windows
  • Stone Countertops
  • Tray Ceiling
  • Solid Wood Cabinet

About This Home

As of July 2024

Check out this incredibly unique home that is only 7 years young in the beautiful community of Cinnamon Ridge. This home has modern glitz and glamor with an open airy floor plan and tons of natural light to soothe the soul. Energy efficient with structural insulated panel (SIP) walls. The unique flat roof design creates volume ceilings throughout and extra garage space for storing kayaks and bicycles. This house sits on almost 1/2 acre so plenty of room to explore and play. The oversize garage boasts 784 sq. ft. and has stairs leading up to the top elevation of the home. Opportunities like this don't knock often so open the door and move yourself in today!

Last Agent to Sell the Property

Ruth Squires

EXP Realty LLC License #3355349 Listed on: 03/23/2024

EXP Realty LLC

Last Buyer's Agent

Melissa Champlin

Plantation Realty, Inc. License #3539276

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,243

Year Built

  • Built in 2017

Lot Details

  • 0.46 Acre Lot
  • Property fronts a private road
  • Rectangular Lot
  • Property is zoned PDR

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Flat Roof Shape
  • Slab Foundation
  • Membrane Roofing
  • Rubber Roof

Interior Spaces

  • 2,078 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bookcases
  • Tray Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Single Hung Windows
  • Laminate Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Citrus Springs Elementary School
  • Citrus Springs Middle School
  • Citrus High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • Association fees include reserve fund, road maintenance
  • Cinnamon Ridge Association
  • Cinnamon Ridge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,243

Year Built

Built in 2017

Lot Details

0

HOA Fees

$22 per month

Parking

2

Listing Details

  • Architectural Style: One Story
  • Carport Y N: No
  • Directions: From US 19 going north make right on West Homosassa Trail, then left on S. Rock Crasher Rd. make right on W. Cinnamon Ridge Dr. and left on W. Chive Loop
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.46
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Building Stories: 1
  • Subdivision Name: Cinnamon Ridge
  • Year Built: 2017
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Bookcases, Tray Ceiling(s), Dual Sinks, Fireplace, Primary Suite, Open Floorplan, Stone Counters, Shower Only, Separate Shower, Walk-In Closet(s), Wood Cabinets
  • Living Area: 2078.0
  • Window Features: Double Pane Windows, Single Hung
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Foundation Details: Slab
  • Lot Features: Rectangular
  • Pool Features: None
  • Roof: Flat, Membrane, Rubber
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Garage, Parking Space(s)
  • 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: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 265.73
  • Association Fee Frequency: Annually
  • Association Name: Cinnamon Ridge
  • Association: Yes

Fee Information

  • Association Fee Includes: Reserve Fund, Road Maintenance

Schools

  • Elementary School: Citrus Springs Elementary
  • High School: Citrus High
  • Middle Or Junior School: Citrus Springs Middle

Lot Info

  • Lot Size Sq Ft: 20242.0
  • Zoning: PDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2242.7
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2024
Closed on
Jul 3, 2024
Sold by
Brashear Jesse and Brashear Elis
Bought by
Benson Michael E and Benson Cindie B
Seller's Agent
Ruth Squires
EXP Realty LLC
Buyer's Agent
Melissa Champlin
Plantation Realty, Inc.
List Price
$375,000
Sold Price
$337,000
Premium/Discount to List
-$38,000
-10.13%
Views
83
Current Estimated Value
$323,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,983
Avg. Annual Appreciation
-3.16%
Original Mortgage
$326,890
Outstanding Balance
$322,296
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$721

Purchase Details

Listed on
Oct 3, 2021
Closed on
Jan 12, 2022
Sold by
Traczyk and Grazyna
Bought by
Brashear Jesse and Brashear Elis
Seller's Agent
Steven Koleno
Beycome Of Florida LLC
Buyer's Agent
Ruth Squires
EXP Realty LLC
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$518,642
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2020
Sold by
Kelley Frederick J
Bought by
Traczyk Piotr and Traczyk Grazyna

Purchase Details

Closed on
Jun 26, 2012
Sold by
Paxton Paula Dingus
Bought by
Kelley Frederick J

Purchase Details

Closed on
Jun 1, 2012
Bought by
Kelley Frederick J

Purchase Details

Closed on
Nov 1, 2010
Bought by
Kelley Frederick J
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
Benson Michael E $337,000 First International Title
Brashear Jesse $300,000 First International Title
Traczyk Piotr $103,400 Express Ttl Svcs Of Citrus I
Kelley Frederick J -- None Available
Kelley Frederick J $100 --
Kelley Frederick J $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benson Michael E $326,890
Previous Owner Brashear Jesse $518,642
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2024 07/03/24 Sold $337,000 -6.4% $162 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/09/2024 05/09/24 Price Changed $360,000 -4.0% $173 / Sq Ft
03/23/2024 03/23/24 For Sale $375,000 +25.0% $180 / Sq Ft
01/18/2022 01/18/22 Sold $300,000 -3.2% $144 / Sq Ft View Prior Sale
12/19/2021 12/19/21 Pending -- -- --
10/03/2021 10/03/21 For Sale $310,000 -- $149 / 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 $2,243 $185,063 -- --
2023 $2,243 $179,673 $0 $0
2022 $2,715 $202,210 $5,110 $197,100
2021 $2,252 $146,350 $5,570 $140,780
2020 $1,274 $80,493 $9,480 $71,013
2019 $144 $9,480 $9,480 $0
2018 $146 $9,480 $9,480 $0
2017 $149 $9,480 $9,480 $0
2016 $155 $9,480 $9,480 $0
2015 $159 $9,480 $9,480 $0
2014 $163 $9,435 $9,435 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 831894

REALTORS® Association of Citrus County

APN: 18E-19S-06-0040-00000-0130