NOT LISTED FOR SALE

7720 E Pocono Dr Inverness, FL 34450

Estimated Value: $283,000 - $345,000

3 Beds
2 Baths
1,806 Sq Ft
$175/Sq Ft Est. Value

Last Sold December 18, 2018

Last sale price $115,000 $64 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $1,886/month

113 Days on Market

Highlights

  • Home fronts a seawall
  • Lake View
  • 2 Car Attached Garage
  • Primary Bedroom Suite
  • No HOA
  • Bathtub with Shower

About This Home

As of December 2018

This wonderful 3 bed / 2 bath waterfront home sits overlooking peaceful Lake Pocono (AKA Fred Lake). The house has a fantastic layout for entertaining or just for family time. Majestic oak trees shade the property and the landscaping is already in place. Sit in the covered, screened lanai enjoying the Florida weather and watch the wildlife around the lake. The house has everything needed including good sized rooms, a separate dining room, inside laundry room and a 2 car garage. A concrete seawall protects the house at the waterfront and has steps down to the lake.

Last Listed By

Charles Marino

Century 21 J.W.Morton R.E. License #3319445 Listed on: 07/30/2018

Century 21 J.W.Morton R.E.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,710

Year Built

  • Built in 1982

Lot Details

  • 0.32 Acre Lot
  • Home fronts a seawall
  • Property fronts a county road
  • Level Lot
  • Landscaped with Trees
  • Property is zoned CLR

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,806 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Lake Views

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Softener is Owned
  • Septic Tank

Community Details

  • No Home Owners Association
  • Gospel Island Homesites Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,710

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Directions: From 44 in Inverness - Turn left onto Courthouse Square
Turn right onto E Vine St
Continue onto E Gospel Island Rd
Turn right onto S Ferndale Terrace
Turn left onto E Pocono Dr
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.32
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Building Stories: 1
  • Subdivision Name: Gospel Island Homesites
  • Year Built: 1982
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Oven, Range, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet
  • Interior Amenities: Bathtub, Garden Tub/Roman Tub, Master Suite, Separate Shower, Tub Shower
  • Living Area: 1806.0

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block
  • Lot Features: Flat, Trees
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • View: Lake
  • View: Yes
  • Waterfront Features: Seawall, Waterfront
  • Waterfront: Yes

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
  • Laundry Features: Laundry - Living Area
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 13812.0
  • Zoning: CLR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1710.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2018
Closed on
Dec 10, 2018
Sold by
Cranwell Virginia
Bought by
Albin Gary R and Albin Janice L
Seller's Agent
Charles Marino
Century 21 J.W.Morton R.E.
List Price
$149,900
Sold Price
$115,000
Premium/Discount to List
-$34,900
-23.28%
Total Days on Market
113
Current Estimated Value
$315,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,876
Avg. Annual Appreciation
16.45%

Purchase Details

Closed on
Aug 29, 2002
Sold by
Reichardt Alexander
Bought by
Cranwell Virginia

Purchase Details

Closed on
Apr 5, 2001
Sold by
Reichardt Alexander
Bought by
Cranwell Virginia and Reichardt Alexander

Purchase Details

Closed on
Sep 1, 1991
Bought by
Cranwell Virginia

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
Albin Gary R $115,000 Fidelity Title Services Llc
Cranwell Virginia $40,000 --
Cranwell Virginia -- --
Cranwell Virginia $86,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albin Gary R $175,000
Closed Albin Gary R $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2018 12/18/18 Sold $115,000 -23.3% $64 / Sq Ft
11/18/2018 11/18/18 Pending -- -- --
07/28/2018 07/28/18 For Sale $149,900 -- $83 / 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 $1,407 $127,559 -- --
2023 $1,407 $123,844 $0 $0
2022 $1,316 $120,237 $0 $0
2021 $1,262 $116,735 $0 $0
2020 $1,199 $135,330 $13,200 $122,130
2019 $1,179 $115,297 $14,400 $100,897
2018 $1,646 $108,565 $22,030 $86,535
2017 $1,710 $125,136 $22,030 $103,106
2016 $1,710 $126,239 $22,030 $104,209
2015 $1,316 $75,484 $16,480 $59,004
2014 $1,482 $82,670 $18,248 $64,422
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 775501

REALTORS® Association of Citrus County

APN: 20E-19S-09-0010-000C0-0310