NOT LISTED FOR SALE
4 Beds
2 Baths
1,712 Sq Ft
7,999 Sq Ft Lot

Sale Details

Date Sold: December 21, 2018

Last sale price $140,000 $82 Per Sq Ft

6 Days on Market

Highlights

  • Golf Course Community
  • Contemporary Architecture
  • No HOA
  • Community Boat Facilities
  • Corner Lot
  • Double Pane Windows

About This Home

As of December 2018

Well maintained duplex in Downtown Inverness. Stable rental history. Re-roof 2010. New flooring and appliances in one unit. New windows 2014 throughout.Tenants pay water, electric and garbage. City water and sewer. Separate meters. Owner pays lawn. Corner lot close to medical complex, schools , shopping and restaurants. %8.2 cap rate net.

Last Agent to Sell the Property

Brad Gibbs

Coldwell Banker Investors Realty License #3181054 Listed on: 11/15/2018

Coldwell Banker Investors Realty

Last Buyer's Agent

Michelle Marques

Tropic Shores Realty License #3363918

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,845

Year Built

  • Built in 1984

Lot Details

  • 7,999 Sq Ft Lot
  • North Facing Home
  • Landscaped
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Contemporary Architecture
  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,712 Sq Ft Home
  • Double Pane Windows
  • Fire and Smoke Detector
  • Laundry in unit

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • Parking Available
  • Driveway

Schools

  • Inverness Primary Elementary School
  • Inverness Middle School
  • Citrus High School

Utilities

  • Central Heating and Cooling System
  • 200+ Amp Service

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Labelle Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Community Boat Facilities
  • Golf Course Community
  • Community Playground
  • Park
  • Trails

Building Details

  • Operating Expense $3,612
  • Gross Income $16,800
  • Net Operating Income $13,188

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,845

Year Built

Built in 1984

Lot Details

7,999 Sq Ft Lot

Listing Details

  • Architectural Style: Contemporary
  • Directions: Hwy. 44 to Trout, N to corner of Trout & Dampier
  • Lot Size Acres: 0.18
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Subdivision Name: LaBelle
  • Year Built: 1984
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Refrigerator
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Laminate Counters, First Floor Entry
  • Living Area: 1712.0
  • Window Features: Double Pane Windows

Exterior Features

  • Construction Type: Stucco
  • Direction Faces: North
  • Exterior Features: Landscaping, Blacktop Driveway
  • Foundation Details: Block, Slab
  • Lot Features: Corner Lot, Flat
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway, Parking Space(s)

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry - Living Area
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Boat Facilities, Golf, Playground, Park, Restaurant, Shopping, Trails/Paths

Schools

  • Elementary School: Inverness Primary
  • High School: Citrus
  • Middle Or Junior School: Inverness

Lot Info

  • Lot Size Sq Ft: 7999.0
  • Zoning: LMD
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 16800.0
  • Property Net Operating Income: 13188.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 3612.0

Tax Info

  • Tax Annual Amount: 1845.0
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2018
Closed on
Dec 18, 2018
Sold by
Bought by
Seller's Agent
Brad Gibbs
Coldwell Banker Investors Realty
Buyer's Agent
Michelle Marques
Tropic Shores Realty
List Price
$160,000
Sold Price
$140,000
Premium/Discount to List
-$20,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
0.049%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2016
Sold by
Bought by

Purchase Details

Closed on
Jun 4, 2012
Sold by
Bought by

Purchase Details

Closed on
Sep 17, 2005
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 2005
Bought by

Purchase Details

Closed on
Feb 16, 2004
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 2004
Bought by

Purchase Details

Closed on
Feb 26, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
0.0589%

Purchase Details

Closed on
Jan 1, 2002
Bought by

Purchase Details

Closed on
Aug 1, 1996
Bought by

Purchase Details

Closed on
Dec 1, 1985
Bought by

Purchase Details

Closed on
Oct 1, 1983
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$140,000 Fidelity Title Services Llc
$100,000 First Intl Title Inc
-- Attorney
-- --
$100 --
-- --
$100 --
$88,000 Title Offices Llc
$75,000 --
$55,600 --
$66,000 --
$21,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $94,500
Previous Owner $70,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/21/2018 12/21/18 Sold $140,000 -12.5% $82 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
11/15/2018 11/15/18 For Sale $160,000 -- $93 / Sq Ft
Source: REALTORS® Association of Citrus County

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,741 $164,960 $30,000 $134,960
2024 $2,547 $142,870 $20,000 $122,870
2023 $2,547 $134,860 $20,000 $114,860
2022 $2,196 $110,450 $14,370 $96,080
2021 $1,947 $93,050 $14,370 $78,680
2020 $1,779 $81,510 $14,370 $67,140
2019 $1,814 $81,230 $14,370 $66,860
2018 $1,842 $81,120 $14,370 $66,750
2017 $1,837 $80,390 $14,370 $66,020
2016 $1,846 $80,460 $14,370 $66,090
2015 $1,820 $79,680 $20,400 $59,280
2014 $1,911 $79,861 $23,290 $56,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 778481

REALTORS® Association of Citrus County

APN: 18-19S-20E-0050-B0100-005.0

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