NOT LISTED FOR SALE

7529 E Gospel Island Rd Inverness, FL 34450

Estimated Value: $270,000 - $301,000

3 Beds
2 Baths
1,784 Sq Ft
$159/Sq Ft Est. Value

Last Sold November 26, 2024

Last sale price $278,000 $156 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,708/month

34 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Skylights
  • Cathedral Ceiling
  • No HOA
  • 2 Car Attached Garage

About This Home

As of November 2024

Beautiful Gospel Island home! This well maintained home sits on over half an acre with NO HOA! WOW Factor as soon as you walk in to the great room, views straight into the back yard, vaulted ceilings and the skylights in the home offer a ton of natural light and give this home a nice cozy feel against the dark wood floors. All three bedrooms offer loads of space and more natural light with the large bedroom windows. Split layout leaves the primary bedroom tucked away from the other bedrooms providing ample privacy. Enjoy a huge back yard sitting on .63 of acre. The yard is large enough for all your furry friends to enjoy! Minutes from downtown, shops, restaurants and all sorts of fun! Roof is 2021 and the AC is from 2019.

Last Agent to Sell the Property

Justin Meyers

MARK SPAIN REAL ESTATE Brokerage Phone: 855-299-7653 License #3607771 Listed on: 09/23/2024

MARK SPAIN REAL ESTATE

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,495

Year Built

  • Built in 1986

Lot Details

  • 0.63 Acre Lot
  • Southeast Facing Home
  • Dog Run
  • Property is zoned CLR

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,784 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Living Room

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • 1 Water Well
  • 1 Septic Tank

Community Details

  • No Home Owners Association
  • Archwood Estates Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,495

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1784
  • Lot Size Acres: 0.63
  • New Construction: No
  • Year Built: 1986
  • Building Area Total: 2720
  • Lot Size Sq Ft: 27249
  • Status: Sold
  • Street Direction: E
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 252.70
  • Escrow City: Maitland
  • Escrow State: FL
  • Escrow Street Name: N Lake Destiny Dr #335
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 155.83
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 855-299-7653
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, Open Floorplan
  • Appliances Included: Built-In Oven, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Skylight(s)
  • Living Area Meters: 165.74

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Dog Run, Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: CLR
  • Parcel Number: 20E-19S-04-0000-2B000-0265
  • Additional Parcels: No
  • Lot Dimensions: 100x
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 2495.26
  • Tax Block: 01
  • Tax Book Number: 3163
  • Tax Lot: 3,26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2024
Closed on
Nov 26, 2024
Sold by
Schnitker James R and Leonardi Nichole
Bought by
Eldridge Bryan Thomas
Seller's Agent
Justin Meyers
MARK SPAIN REAL ESTATE
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$285,000
Sold Price
$278,000
Premium/Discount to List
-$7,000
-2.46%
Views
40
Current Estimated Value
$284,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,428
Avg. Annual Appreciation
2.16%
Original Mortgage
$272,964
Outstanding Balance
$269,878
Interest Rate
6.44%
Mortgage Type
FHA
Estimated Equity
$14,550

Purchase Details

Listed on
Apr 1, 2021
Closed on
Apr 29, 2021
Sold by
Barrett William and Battito Patricia
Bought by
Schnitker James R
Seller's Agent
Mark Gathman
RE/MAX Realty One
List Price
$194,500
Sold Price
$210,000
Premium/Discount to List
$15,500
7.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$190,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1987
Bought by
Barrett Ruth

Purchase Details

Closed on
Jun 1, 1986
Bought by
Barrett Ruth

Purchase Details

Closed on
Mar 1, 1981
Bought by
Barrett Ruth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Eldridge Bryan Thomas $273,000 None Listed On Document
Eldridge Bryan Thomas $273,000 None Listed On Document
Schnitker James R $210,000 Southern Sun Title Company
Barrett Ruth $76,500 --
Barrett Ruth $14,000 --
Barrett Ruth $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eldridge Bryan Thomas $272,964
Closed Eldridge Bryan Thomas $272,964
Previous Owner Schnitker James R $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/26/2024 11/26/24 Sold $278,000 +3.0% $156 / Sq Ft
10/27/2024 10/27/24 Pending -- -- --
10/24/2024 10/24/24 Price Changed $270,000 -5.3% $151 / Sq Ft
09/23/2024 09/23/24 For Sale $285,000 +35.7% $160 / Sq Ft
05/17/2021 05/17/21 Sold $210,000 +8.0% $118 / Sq Ft View Prior Sale
04/17/2021 04/17/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $194,500 -- $109 / Sq Ft
Source: Stellar MLS

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
2025 $2,559 $122,988 -- --
2024 $2,495 $202,434 -- --
2023 $2,495 $196,538 $0 $0
2022 $2,334 $190,814 $9,070 $181,744
2021 $2,456 $160,596 $9,070 $151,526
2020 $25 $130,983 $9,070 $121,913
2019 $25 $116,405 $9,070 $107,335
2018 $25 $100,632 $9,070 $91,562
2017 $25 $73,178 $9,070 $64,108
2016 $25 $71,673 $9,070 $62,603
2015 $20 $71,175 $9,070 $62,105
2014 $20 $75,560 $9,705 $65,855
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Justin Meyers

    Mark Spain

    (703) 609-2629

    1 in this area

    32 Total Sales

    Justin Meyers
    Section Image

  • M

    Seller's Agent in 2021

    Mark Gathman

    RE/MAX

    Section Image
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Map

Source: Stellar MLS

MLS Number: TB8306711

Stellar MLS

APN: 20E-19S-04-0000-2B000-0265

Florida Citrus County Inverness 34450

7529 E Gospel Island Rd, Inverness, FL

Not Listed for Sale

Detached

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