NOT LISTED FOR SALE

7907 E Gospel Island Rd Inverness, FL 34450

Estimated Value: $285,000 - $342,000

3 Beds
2 Baths
1,768 Sq Ft
$178/Sq Ft Est. Value

Last Sold December 27, 2013

Last sale price $99,500 $56 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $1,867/month

47 Days on Market

Highlights

  • Docks
  • Primary Bedroom Suite
  • Open Floorplan
  • Basketball Court
  • Waterfront
  • Room in yard for a pool

About This Home

As of December 2013

You'll step back in time when you enter this charming vintage gem. Built in 1950 and sitting on 1.29 waterfront acres, this 3 bedroom, 2 bath home features an entry foyer with a coat closet, an open plan with a kitchen overlooking the living/dining room. Step down into a large family room, brick fireplace, laminate floor. Master bath has a 2-person jetted tub, family room has a 5' x 11' alcove with a skylight, perfect for an office/computer station. A 14' x 25' shed in the deep rear yard sits next to a patio. The fenced yard ends at the water...AND beyond is a sweet bridge to a small private island, part of the Inverness lake chain.

Last Agent to Sell the Property

Jacqueline Davis

ERA American Suncoast Realty License #592317 Listed on: 10/14/2013

Last Buyer's Agent

Terri Hartman

Crossland Realty Inc. License #495086

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,074

Year Built

  • Built in 1950

Lot Details

  • 1.29 Acre Lot
  • Waterfront
  • Property fronts a county road
  • South Facing Home
  • Fenced Yard
  • Rectangular Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned CLR

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Ridge Vents on the Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,768 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Laminate Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Secondary Bathroom Jetted Tub
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Room in yard for a pool
  • Docks
  • Basketball Court
  • Separate Outdoor Workshop
  • Shed

Schools

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

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,074

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Carport Y N: No
  • Directions: From Inverness' Historic Courthouse, take Apopka north to end, R on 470 (Gospel Island Rd), proceed to home on left, past Archwood.
  • Water Frontage Type: Waterfront
  • Garage Yn: No
  • Efficiency: Windows
  • Lot Size Acres: 1.29
  • 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
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, Dryer, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Fireplace, Laminate Counters, Master Suite, Open Floorplan, Skylights, Tub Shower, Wood Cabinets, Jetted Tub, Cable TV
  • Living Area: 1768.0
  • Window Features: Blinds, Skylight(s), Thermal Windows

Exterior Features

  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Exterior Features: Basketball Court, Concrete Driveway, Room For Pool
  • Fencing: Yard Fenced
  • Foundation Details: Block
  • Lot Features: Flat, Rectangular, Wooded
  • Other Structures: Shed(s), Storage, Workshop
  • Pool Features: None
  • Roof: Asphalt, Shingle, Ridge Vents
  • Waterfront Features: Boat Dock/Slip
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Concrete, Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector(s)
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Inverness Primary
  • High School: Citrus
  • Middle Or Junior School: Inverness

Lot Info

  • Zoning: CLR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1074.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2013
Closed on
Dec 27, 2013
Sold by
Snapp Barbara L
Bought by
Borgner Aaron
Seller's Agent
Jacqueline Davis
ERA American Suncoast Realty
Buyer's Agent
Terri Hartman
Crossland Realty Inc.
List Price
$119,900
Sold Price
$99,500
Premium/Discount to List
-$20,400
-17.01%
Total Days on Market
47
Current Estimated Value
$314,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,921
Avg. Annual Appreciation
10.53%
Original Mortgage
$93,530
Outstanding Balance
$71,381
Interest Rate
4.29%
Mortgage Type
FHA
Estimated Equity
$241,186

Purchase Details

Closed on
Nov 18, 2010
Sold by
Stuart Dewey and Stuart Michelle
Bought by
Phh Mortgage Corporation

Purchase Details

Closed on
Nov 1, 2010
Bought by
Borgner Aaron

Purchase Details

Closed on
Oct 7, 2010
Sold by
Stuart Dewey and Stuart Michelle
Bought by
Snapp Barbara L

Purchase Details

Closed on
Jul 1, 1999
Bought by
Borgner Aaron

Purchase Details

Closed on
Sep 1, 1998
Bought by
Borgner Aaron

Purchase Details

Closed on
Mar 1, 1995
Bought by
Borgner Aaron

Purchase Details

Closed on
May 1, 1988
Bought by
Borgner Aaron

Purchase Details

Closed on
Apr 1, 1986
Bought by
Borgner Aaron

Purchase Details

Closed on
Mar 1, 1984
Bought by
Borgner Aaron

Purchase Details

Closed on
Jul 1, 1979
Bought by
Borgner Aaron
Source: Public Records

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Range of Values:

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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
Borgner Aaron $99,500 American Title Services Of C
Phh Mortgage Corporation -- None Available
Phh Mortgage Corporation -- None Available
Borgner Aaron $100 --
Snapp Barbara L $53,000 First American Title Ins Co
Borgner Aaron $100 --
Borgner Aaron $100 --
Borgner Aaron $68,600 --
Borgner Aaron $58,500 --
Borgner Aaron $56,000 --
Borgner Aaron $39,000 --
Borgner Aaron $35,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borgner Aaron $93,530
Previous Owner Stuart Dewey C $128,000
Previous Owner Stuart Dewey $33,200
Previous Owner Stuart Dewey $93,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2013 12/27/13 Sold $99,500 -17.0% $56 / Sq Ft
11/27/2013 11/27/13 Pending -- -- --
10/11/2013 10/11/13 For Sale $119,900 -- $68 / 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 $1,223 $114,936 -- --
2023 $1,223 $111,588 $0 $0
2022 $1,144 $108,338 $0 $0
2021 $1,097 $105,183 $0 $0
2020 $1,033 $166,767 $19,500 $147,267
2019 $1,015 $150,135 $19,500 $130,635
2018 $984 $132,000 $21,630 $110,370
2017 $976 $97,461 $21,630 $75,831
2016 $981 $95,456 $20,671 $74,785
2015 $991 $94,792 $20,671 $74,121
2014 $1,007 $94,040 $20,789 $73,251
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jacqueline Davis

    ERA American Suncoast Realty

    (352) 634-2371

    69 Total Sales

    Jacqueline Davis
    Section Image
  • Terri Hartman

    Buyer's Agent in 2013

    Terri Hartman

    Crossland Realty Inc.

    (352) 726-6644

    28 Total Sales

    Terri Hartman
    Section Image
See All Agents

Map

Source: REALTORS® Association of Citrus County

MLS Number: 706044

REALTORS® Association of Citrus County

APN: 20E-19S-03-0000-33450

Florida Citrus County Inverness 34450

7907 E Gospel Island Rd, Inverness, FL

This home is located at 7907 E Gospel Island Rd, Inverness, FL 34450 since 14 October 2013 and is currently estimated at $314,421, approximately $177 per square foot. This property was built in 1950. 7907 E Gospel Island Rd is a home located in Citrus County with nearby schools including Inverness Primary School, Inverness Middle School, and Citrus High School.

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.
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