NOT LISTED FOR SALE

763 E Gaines Ln Hernando, FL 34442

Estimated Value: $417,000 - $489,000

4 Beds
3 Baths
2,496 Sq Ft
$178/Sq Ft Est. Value

Last Sold April 12, 2013

Last sale price $75,000 $30 Per Sq Ft

Est. 494% increase in value since last sale

Current estimated payment $2,509/month

55 Days on Market

Highlights

  • Golf Course Community
  • Two Primary Bedrooms
  • Secondary Bathroom Jetted Tub
  • In Ground Pool
  • Clubhouse
  • Mediterranean Architecture

About This Home

As of April 2013

Corporate Owned, needs repairs and TLC, lots of possibility to be back to original condition or better, 2 Large Master Bedrooms, Formal Living Room, Dinning Room, Family Room with bar, large lanai and inground pool on 1 acre of land in Citrus Hills. Priced to sell.

Last Agent to Sell the Property

Lourdes Billingsley

LMB Real Estate Service License #3092136 Listed on: 01/18/2013

Last Buyer's Agent

Jane O'Gwynn

Berkshire Hathaway Homeservice License #434508

Berkshire Hathaway Homeservice

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 195x222
  • Landscaped
  • Level Lot
  • Irregular Lot
  • Property is zoned CRR

HOA Fees

  • Property has a Home Owners Association

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Block Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,496 Sq Ft Home
  • Skylights
  • Double Door Entry
  • Ceramic Tile Flooring
  • Pull Down Stairs to Attic
  • Laminate Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Secondary Bathroom Jetted Tub
  • Bathtub with Shower
  • Separate Shower

Pool

  • In Ground Pool
  • Screen Enclosure

Schools

  • Citrus High School

Utilities

  • Cooling Available
  • No Heating
  • Well
  • Septic Tank

Community Details

Overview

  • Citrus Hills Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Architectural Style: Mediterranean
  • Carport Y N: No
  • Directions: Fl.US 41N left onto CR 486 (Norvell Bryant Hwy)turn right onto N Annapolis Avenue turn left of E Gaines Lane, home is on the right.
  • Garage Yn: Yes
  • Lot Size Acres: 1.01
  • Lot Size: 195x222
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Citrus Hills
  • Year Built: 1985
  • Special Features: RealEstateOwned

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Double Door Entry
  • Flooring: Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Attic, Bathtub, Jetted Tub, Laminate Counters, Multiple Master Suites, Pull Down Attic Stairs, Skylights, Separate Shower, Tub Shower, Walk-In Closet(s)
  • Living Area: 2496.0
  • Window Features: Skylight(s)

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Landscaping
  • Foundation Details: Block
  • Lot Features: Flat, Irregular Lot
  • Pool Features: In Ground, Pool, Screen Enclosure
  • Roof: Tile
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association #2 Fee: 120.0
  • Association #2 Fee Frequency: Annually
  • Association: Yes
  • Community Features: Clubhouse, Golf, Tennis Court(s)

Schools

  • High School: Citrus

Lot Info

  • Zoning: CRR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2124.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2013
Closed on
Apr 2, 2013
Sold by
U S Bank National Association
Bought by
Bell James E and Bell Susan
Seller's Agent
Lourdes Billingsley
LMB Real Estate Service
Buyer's Agent
Jane O'Gwynn
Berkshire Hathaway Homeservice
List Price
$89,900
Sold Price
$75,000
Premium/Discount to List
-$14,900
-16.57%
Current Estimated Value
$445,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,482
Avg. Annual Appreciation
15.51%

Purchase Details

Closed on
Dec 29, 2012
Sold by
Arch Bay Holdings Llc
Bought by
U S Bank National Association

Purchase Details

Closed on
Dec 1, 2012
Bought by
Bell James E and Bell Susan

Purchase Details

Closed on
Sep 11, 2012
Sold by
Juan Davidson and Davidson Mariela
Bought by
Arch Bay Holdings Llc

Purchase Details

Closed on
Sep 1, 2012
Bought by
Bell James E and Bell Susan

Purchase Details

Closed on
Oct 11, 2006
Sold by
Martin Yvonneda M
Bought by
Davidson Juan and Davidson Mariela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
9.66%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 14, 2005
Sold by
Cortese Clifford R and Cortese Patricia J
Bought by
Martin Yvonneda M

Purchase Details

Closed on
Aug 24, 2001
Sold by
Webb Kathy
Bought by
Cortese Clifford R and Cortese Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.08%

Purchase Details

Closed on
Apr 1, 1998
Bought by
Bell James E and Bell Susan

Purchase Details

Closed on
Mar 1, 1988
Bought by
Bell James E and Bell Susan

Purchase Details

Closed on
May 1, 1984
Bought by
Bell James E and Bell Susan
Source: Public Records

Range of Values:

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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
Bell James E $75,000 Buyers Title Inc
U S Bank National Association -- Buyers Title Inc
Bell James E $100 --
Arch Bay Holdings Llc -- None Available
Bell James E $100 --
Davidson Juan $310,000 Vesta Title Corp
Martin Yvonneda M $269,900 Express Title
Cortese Clifford R $165,000 Crystal River Title
Bell James E $156,000 --
Bell James E $96,000 --
Bell James E $13,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davidson Juan $248,000
Previous Owner Cortese Clifford R $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2013 04/12/13 Sold $75,000 -16.6% $30 / Sq Ft
03/13/2013 03/13/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $89,900 -- $36 / 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 $1,643 $141,004 -- --
2023 $1,643 $136,897 $0 $0
2022 $1,540 $132,910 $0 $0
2021 $1,479 $129,039 $0 $0
2020 $1,375 $189,100 $11,400 $177,700
2019 $1,354 $173,372 $10,000 $163,372
2018 $1,324 $148,802 $8,660 $140,142
2017 $1,316 $119,566 $11,000 $108,566
2016 $1,328 $117,107 $10,500 $106,607
2015 $1,344 $116,293 $9,780 $106,513
2014 $2,204 $125,100 $10,608 $114,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 700373

REALTORS® Association of Citrus County

APN: 19E-18S-18-0110-00010-0020