NOT LISTED FOR SALE

7936 E Gospel Island Rd Inverness, FL 34450

Estimated Value: $140,000 - $146,000

0.65 Acre
$220,420 Price per Acre
28,314 Sq Ft Lot

Last Sold April 12, 2022

Last sale price $87,500

Est. 64% increase in value since last sale

Current estimated payment $852/month

239 Days on Market

Highlights

  • 0.65 Acre Lot
  • Room in yard for a pool
  • No HOA
  • Home fronts a canal

About This Lot

As of April 2022

Let the pictures speak for themselves! This is a gorgeous piece of waterfront land that leads to the pride of Inverness...the lakes in the heart of the beautiful downtown depot district. If you're more of a landlubber, this property on directly on Gospel Island Road which is a lovely scenic route between downtown and easy access to Rt 75.

Last Agent to Sell the Property

Geri Gaugler

ERA American Suncoast Realty License #3429614 Listed on: 08/05/2021

Last Buyer's Agent

Glenda Robin Shepard

ERA American Suncoast Realty License #3450958

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $450

Lot Details

  • 0.65 Acre Lot
  • Home fronts a canal
  • Property fronts a county road
  • Property is zoned CL

Schools

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

Utilities

  • Septic Needed

Community Details

Overview

  • No Home Owners Association
  • Archwood Est. Subdivision

Recreation

  • Room in yard for a pool
  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$450

Lot Details

0

Listing Details

  • Directions: Rt 44N to left on Gospel Island Rd
  • Water Frontage Type: Canal
  • Lot Size Acres: 0.65
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: County Road
  • Subdivision Name: Archwood Est.
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Exterior Features: Room For Pool
  • Waterfront Features: Canal Access, Waterfront
  • Waterfront: Yes

Utilities

  • Sewer: Septic Needed
  • Water Source: Public

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: 28416.0
  • Zoning: CL
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 450.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2019
Closed on
May 29, 2020
Sold by
Fl Abb Llc
Bought by
Capps Steven Marc and Capps Amanda Star
Seller's Agent
Amy Talkow
Listingly
Buyer's Agent
Geri Gaugler
ERA American Suncoast Realty
List Price
$55,500
Sold Price
$50,000
Premium/Discount to List
-$5,500
-9.91%
Current Estimated Value
$143,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,273
Avg. Annual Appreciation
22.20%
Original Mortgage
$30,000
Outstanding Balance
$21,747
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$121,525

Purchase Details

Closed on
Apr 25, 2019
Sold by
Bluhm Barr Ann Marie Bluhm and Bluhm Barr Annamarie
Bought by
Fl Abb Llc

Purchase Details

Listed on
Jun 27, 2016
Closed on
Nov 16, 2016
Sold by
Plaisted Robert E and Plaisted Nancy L
Bought by
Barr Annmarie Bluhm
Seller's Agent
Sarah Spencer
ERA American Suncoast Realty
Buyer's Agent
Sarah Spencer
ERA American Suncoast Realty
List Price
$49,500
Sold Price
$45,500
Premium/Discount to List
-$4,000
-8.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.85%

Purchase Details

Closed on
Oct 7, 2003
Sold by
Callahan William and Callahan Marie
Bought by
Plaisted Robert E and Plaisted Nancy L

Purchase Details

Closed on
Oct 1, 1999
Bought by
Barr Annmarie Bluhm

Purchase Details

Closed on
Apr 1, 1998
Bought by
Barr Annmarie Bluhm
Source: Public Records

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
Capps Steven Marc $50,000 First International Ttl Inc
Fl Abb Llc -- Attorney
Barr Annmarie Bluhm $45,500 Fidelity Title Services Llc
Plaisted Robert E $25,000 Nature Coast Title Company I
Barr Annmarie Bluhm $19,900 --
Barr Annmarie Bluhm $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capps Steven Marc $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2022 04/12/22 Sold $87,500 -30.0% --
04/01/2022 04/01/22 Pending -- -- --
08/05/2021 08/05/21 For Sale $125,000 +150.0% --
06/19/2020 06/19/20 Sold $50,000 -9.9% --
05/20/2020 05/20/20 Pending -- -- --
10/14/2019 10/14/19 For Sale $55,500 +22.0% --
11/16/2016 11/16/16 Sold $45,500 -8.1% --
10/17/2016 10/17/16 Pending -- -- --
06/27/2016 06/27/16 For Sale $49,500 -- --
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 $1,069 $86,900 $86,900 --
2023 $1,069 $71,100 $71,100 $0
2022 $736 $69,130 $69,130 $0
2021 $514 $35,750 $35,750 $0
2020 $450 $30,670 $30,670 $0
2019 $456 $30,670 $30,670 $0
2018 $465 $30,670 $30,670 $0
2017 $476 $30,670 $30,670 $0
2016 $190 $11,660 $11,660 $0
2015 $203 $12,170 $12,170 $0
2014 $203 $11,730 $11,730 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 804446

REALTORS® Association of Citrus County

APN: 20E-19S-03-0000-33310-0010