NOT LISTED FOR SALE

7316 E Gospel Island Rd Inverness, FL 34450

Estimated Value: $218,597 - $254,000

3 Beds
1.5 Baths
1,222 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 24, 2019

Last sale price $130,000 $106 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,433/month

39 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • No HOA
  • Ceramic Tile Flooring
  • Level Lot

About This Home

As of October 2019

Gospel Island home ready for it's new owners! This 3 bedroom 1.5 bath sits off the road in a private setting surrounded by mature oak trees and an array of plants. The home features tile and laminate flooring throughout, fresh paint on the interior, garage and patio floors, large screened in lanai and a fenced in back yard. Close to town, parks, lakes and all of the amenities Inverness has to offer! Call for your private showing.

Last Listed By

Lindsey Mounsey

Century 21 J.W.Morton R.E. License #3336257 Listed on: 08/16/2019

Century 21 J.W.Morton R.E.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,084

Year Built

  • Built in 1981

Lot Details

  • 0.39 Acre Lot
  • Chain Link Fence
  • Level Lot
  • Property is zoned CLR

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • 1,222 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Kitchen

  • Electric Oven
  • Electric Cooktop

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,084

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Ranch
  • Carport Y N: No
  • Directions: North Apopka to Vine st (Gospel Island) drive way is on right. See sign.
  • Garage Yn: Yes
  • Lot Size Acres: 0.39
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Unimproved
  • Subdivision Name: Not on List
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1222.0

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Concrete Driveway
  • Fencing: Chain Link
  • Foundation Details: Block, Slab
  • Lot Features: Flat
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

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: 17152.0
  • Zoning: CLR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1084.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2019
Closed on
Oct 9, 2019
Sold by
Wuestman Christopher
Bought by
Phillips Cheri V and Willis Veronika
Seller's Agent
Lindsey Mounsey
Century 21 J.W.Morton R.E.
Buyer's Agent
Pamela Ayres
Sellstate Next Generation Real
List Price
$137,000
Sold Price
$130,000
Premium/Discount to List
-$7,000
-5.11%
Total Days on Market
39
Current Estimated Value
$240,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,399
Avg. Annual Appreciation
11.93%
Original Mortgage
$127,645
Outstanding Balance
$113,304
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$130,520

Purchase Details

Closed on
Nov 4, 2005
Sold by
Pittman Ruben and Pittman Donna L
Bought by
Wuestman Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 8, 2002
Sold by
Pittman Donna
Bought by
Pittman Ruben and Pittman Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
7.12%

Purchase Details

Closed on
Feb 1, 2002
Bought by
Wuestman Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
7.12%

Purchase Details

Closed on
Dec 1, 2001
Bought by
Wuestman Christopher

Purchase Details

Closed on
Jan 1, 2000
Bought by
Wuestman Christopher

Purchase Details

Closed on
Jan 1, 1999
Bought by
Wuestman Christopher

Purchase Details

Closed on
May 1, 1991
Bought by
Wuestman Christopher

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
Phillips Cheri V $130,000 First International Ttl Inc
Wuestman Christopher $130,000 American Title Services Of C
Pittman Ruben -- American Title Services Of C
Wuestman Christopher $100 --
Wuestman Christopher $49,000 --
Wuestman Christopher $100 --
Wuestman Christopher $18,000 --
Wuestman Christopher $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Cheri V $127,645
Previous Owner Wuestman Christopher S $97,500
Previous Owner Wuestman Christopher $104,000
Previous Owner Pittman Ruben $54,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2019 10/24/19 Sold $130,000 -5.1% $106 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
08/16/2019 08/16/19 For Sale $137,000 -- $112 / 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 $1,058 $103,564 -- --
2023 $1,058 $100,548 $0 $0
2022 $990 $97,619 $0 $0
2021 $949 $94,776 $0 $0
2020 $884 $93,467 $3,300 $90,167
2019 $1,220 $82,903 $3,300 $79,603
2018 $1,084 $70,032 $3,300 $66,732
2017 $1,011 $63,140 $3,300 $59,840
2016 $1,022 $66,390 $3,300 $63,090
2015 $867 $48,234 $3,300 $44,934
2014 $945 $51,170 $3,546 $47,624
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 785400

REALTORS® Association of Citrus County

APN: 20E-19S-09-0060-00000-0151