NOT LISTED FOR SALE

7201 E Watson St Inverness, FL 34450

Estimated Value: $502,355

41.05 Acres
$12,238 Price per Acre
1,788,138 Sq Ft Lot

Last Sold October 03, 2023

Last sale price $500,000 $543 Per Sq Ft

Current estimated payment $2,927/month

377 Days on Market

Highlights

  • 41.05 Acre Lot
  • Corner Lot
  • No HOA
  • Wooded Lot

About This Lot

As of October 2023

40 ACRES just outside City Limits with GREAT Potential in future 'Inverness Airport Industrial Park' development. This acreage is located on two paved (corner parcel) County Roads adjacent to the Airport and City Utilities Waste water plant with easy access from US 41 South & North. Parcel offers small pond on the SE corner for potential DRA, hardwoods throughout, good elevation on road frontage. According to Citrus County GIS water can be furnished by City Water District and Sewer by the City as well, Buyer to verify.... SECO provides electric.

Last Agent to Sell the Property

Skip Craven

Craven Realty, Inc License #316655 Listed on: 07/27/2022

Last Buyer's Agent

James Morton

Century 21 J.W.Morton R.E. License #3341008

Century 21 J.W.Morton R.E.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,410

Lot Details

  • 41.05 Acre Lot
  • Property fronts a county road
  • Corner Lot
  • Wooded Lot
  • Landscaped with Trees
  • Property is zoned LDRMH

Schools

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

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$2,410

Lot Details

0

Listing Details

  • Directions: From Inverness, south on US 41 right on Airport Road to property on the left w/Signs at corner of Watson Road.. Access from US 41 North, left on Watson Road to property on right.
  • Lot Size Acres: 41.05
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Not on List
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Acreage, Corner Lot, Trees, Wooded
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 1785960.0
  • Zoning: LDRMH
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2410.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Oct 3, 2023
Sold by
Claudia A Burgess Revocable Trust
Bought by
Beckner Family Limited Partnership
Seller's Agent
Skip Craven
Craven Realty, Inc
Buyer's Agent
James Morton
Century 21 J.W.Morton R.E.
List Price
$500,000
Sold Price
$500,000
Views
242
Current Estimated Value
$502,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,355
Avg. Annual Appreciation
-0.08%
Original Mortgage
$400,000
Outstanding Balance
$288,553
Interest Rate
7.23%
Mortgage Type
Balloon
Estimated Equity
$210,723

Purchase Details

Closed on
Oct 25, 2015
Sold by
Burgess Claudia A and Estate Of William Roscow
Bought by
Burgess Claudia A and Claudia A Burgess Revocable Tr

Purchase Details

Closed on
Sep 1, 2005
Bought by
Burgess Claudia

Purchase Details

Closed on
Jun 1, 2005
Bought by
Burgess Claudia

Purchase Details

Closed on
Sep 23, 2004
Sold by
Roscow William Harvey and Theng Julie
Bought by
The Alicia A Roscow Living Trust

Purchase Details

Closed on
Sep 1, 2004
Bought by
Burgess Claudia
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
Beckner Family Limited Partnership $500,000 None Listed On Document
Burgess Claudia A -- None Available
Burgess Claudia $100 --
Burgess Claudia $100 --
The Alicia A Roscow Living Trust -- --
Burgess Claudia $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beckner Family Limited Partnership $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2023 10/03/23 Sold $500,000 0.0% $543 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
08/01/2023 08/01/23 For Sale $500,000 0.0% $543 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
07/27/2022 07/27/22 For Sale $500,000 -- $543 / 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 $2,527 $168,510 $168,510 --
2023 $2,527 $168,510 $168,510 $0
2022 $2,435 $168,500 $168,500 $0
2021 $2,407 $168,500 $168,500 $0
2020 $2,453 $168,500 $168,500 $0
2019 $2,488 $168,500 $168,500 $0
2018 $2,544 $168,500 $168,500 $0
2017 $2,602 $168,500 $168,500 $0
2016 $2,705 $168,500 $168,500 $0
2015 $3,895 $232,290 $217,590 $14,700
2014 $4,086 $236,760 $223,218 $13,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 815268

REALTORS® Association of Citrus County

APN: 20E-19S-33-0000-42000