NOT LISTED FOR SALE

7201 E Watson St Inverness, FL 34450

Estimated Value: $488,673

41.05 Acres
$11,904 Price per Acre
1,788,138 Sq Ft Lot

Sale Details

Date Sold: October 3, 2023

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

Est. 2% decrease in value since last sale

Current estimated payment $2,856 / mo

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

41.05 Acres

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

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
Jul 27, 2022
Closed on
Oct 3, 2023
Sold by
Bought by
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
236
Current Estimated Value
$488,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,327
Avg. Annual Appreciation
-0.85%
Original Mortgage
$400,000
Outstanding Balance
$244,179
Interest Rate
7.23%
Mortgage Type
Balloon
Estimated Equity
$244,494

Purchase Details

Closed on
Oct 25, 2015
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 2005
Bought by

Purchase Details

Closed on
Jun 1, 2005
Bought by

Purchase Details

Closed on
Sep 23, 2004
Sold by
Bought by

Purchase Details

Closed on
Sep 1, 2004
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$500,000 None Listed On Document
-- None Available
$100 --
$100 --
-- --
$100 --
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 $400,000
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
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

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 $2,503 $168,510 $168,510 --
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

  • S

    Seller's Agent in 2023

    Skip Craven

    Craven Realty, Inc

    (352) 464-1515

    1 in this area

    19 Total Sales

    Skip Craven
    Section Image

  • J

    Buyer's Agent in 2023

    James Morton

    Century 21 J.W.Morton R.E.

    (352) 422-2173

    121 in this area

    1,516 Total Sales

    James Morton
    Section Image
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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

Florida Citrus County Inverness 34450

7201 E Watson St, Inverness, FL

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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