NOT LISTED FOR SALE

5640 S Sea Otter Path Homosassa, FL 34448

Estimated Value: $664,000 - $839,000

3 Beds
2.5 Baths
1,355 Sq Ft
$544/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $449,900 $332 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,700/month

27 Days on Market

Highlights

  • Boathouse
  • Docks
  • Primary Bedroom Suite
  • Water access To Gulf or Ocean
  • Boat Ramp
  • Open Floorplan

About This Home

As of May 2020

Beautiful 3/2.5 stilt home with spectacular views from the huge upstairs balcony. Deep water canal only minutes to the Homosassa River. Two boat lifts with lots of decking. One lift holds up to 10,000 lb. Finished downstairs with bar and partial kitchen. Great for entertaining. Open floor plan, wood cabinets, Incredible views from all the rooms. Designated golf cart community so your able to visit all the local establishment by golf cart. Plenty of storage. Standing seam roof. Near shopping and marinas. Shows pride of ownership.

Last Agent to Sell the Property

Phil Oakes

Silver King Properties LLC License #419566 Listed on: 05/02/2020

Last Buyer's Agent

Out of Area Non Member

Various Associations in Florida

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,816

Year Built

  • Built in 1989

Lot Details

  • 9,589 Sq Ft Lot
  • Home fronts a canal
  • Property fronts a county road
  • Landscaped
  • Level Lot
  • Property is zoned CLR

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Concrete Block And Stucco Construction
  • HardiePlank Type

Interior Spaces

  • 1,355 Sq Ft Home
  • Multi-Level Property
  • Open Floorplan
  • Cathedral Ceiling
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Primary Bedroom Suite
  • Walk-In Closet
  • Shower Only
  • Separate Shower

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • Canal Access
  • Rip-Rap
  • Boat Ramp
  • Boathouse
  • Docks
  • Balcony
  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,816

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Architectural Style: Contemporary, Multi-Level
  • Carport Y N: No
  • Directions: Mason Creek, right on Garcia, right on Priest to Otter Path. Property on left.
  • Water Frontage Type: Canal, Waterfront
  • Garage Yn: No
  • Lot Size Acres: 0.22
  • 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: Not on List
  • Year Built: 1989
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Cathedral Ceiling(s), Master Suite, Open Floorplan, Shower Only, Separate Shower, Upper Level Master, Walk-In Closet(s), Wood Cabinets, First Floor Entry
  • Living Area: 1355.0
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete, HardiPlank Type
  • Exterior Features: Balcony, Landscaping, Paved Driveway
  • Foundation Details: Block
  • Lot Features: Flat
  • Other Structures: Boat House
  • Patio And Porch Features: Balcony, Deck
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront Features: Boat Dock/Slip, Boat Ramp/Lift Access, Gulf Access, Ocean Access, Riprap, Water Access, Canal Access, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Driveway, Paved

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector(s)
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 9589.0
  • Zoning: CLR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2816.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2020
Closed on
May 29, 2020
Sold by
Blackman Scott and Blackman Susan
Bought by
Parr James H
Seller's Agent
Phil Oakes
Silver King Properties LLC
Buyer's Agent
Out of Area Non Member
Various Associations in Florida
List Price
$449,900
Sold Price
$449,900
Current Estimated Value
$736,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,811
Avg. Annual Appreciation
9.64%
Original Mortgage
$415,000
Outstanding Balance
$368,552
Interest Rate
3.3%
Mortgage Type
Unknown
Estimated Equity
$368,159

Purchase Details

Listed on
Apr 28, 2014
Closed on
Aug 15, 2014
Sold by
Braymen Edward M
Bought by
Blackman Scott and Blackman Susan
Seller's Agent
Phil Oakes
Silver King Properties LLC
Buyer's Agent
Phil Oakes
Silver King Properties LLC
List Price
$359,900
Sold Price
$320,000
Premium/Discount to List
-$39,900
-11.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$240,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 14, 2000
Sold by
Allen Douglas W and Allen Lisa A
Bought by
Braymen Edward M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.25%

Purchase Details

Closed on
Sep 1, 1996
Bought by
Blackman Scott and Blackman Susan
Source: Public Records

Range of Values:

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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
Parr James H $449,900 Land Ttl Of Citrus Cnty Inc
Blackman Scott $320,000 Land Title Of Citrus County
Braymen Edward M $130,000 Southeast Title Ins Agency
Blackman Scott $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parr James H $415,000
Previous Owner Blackman Scott $240,000
Previous Owner Braymen Edward M $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2020 05/29/20 Sold $449,900 0.0% $332 / Sq Ft
05/02/2020 05/02/20 For Sale $449,900 +40.6% $332 / Sq Ft
08/15/2014 08/15/14 Sold $320,000 -11.1% $240 / Sq Ft View Prior Sale
07/16/2014 07/16/14 Pending -- -- --
04/27/2014 04/27/14 For Sale $359,900 -- $270 / 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 $9,352 $684,613 $201,200 $483,413
2023 $9,352 $641,426 $201,200 $440,226
2022 $8,170 $543,967 $150,900 $393,067
2021 $5,907 $368,198 $148,120 $220,078
2020 $2,854 $315,369 $124,360 $191,009
2019 $2,816 $249,284 $124,360 $124,924
2018 $2,786 $232,242 $124,360 $107,882
2017 $2,743 $198,796 $112,100 $86,696
2016 $2,771 $194,707 $116,620 $78,087
2015 $2,743 $193,354 $112,880 $80,474
2014 $3,281 $178,730 $115,546 $63,184
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 791834

REALTORS® Association of Citrus County

APN: 17E-19S-31-0050-00000-0110