NOT LISTED FOR SALE

8500 E Settle Ct Inverness, FL 34450

Estimated Value: $278,562 - $365,000

3 Beds
2 Baths
2,421 Sq Ft
$141/Sq Ft Est. Value

Last Sold November 13, 2015

Last sale price $116,500 $48 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $2,117/month

112 Days on Market

Highlights

  • Lake Front
  • 3.24 Acre Lot
  • No HOA
  • Docks
  • Open Floorplan
  • Eat-In Kitchen

About This Home

As of November 2015

This fantastic buy is ONE OF A KIND.......its not like any other HOUSE & WATER YOU WILL FIND! Enormous 1973 3/2 home with 2421 living nestled on over three acres on Tussock Lake! Home features a detached two car carport, enclosed pole barn, rear screened porch, dock, patio, spacious living room with fireplace, eat in kitchen and minutes to town! This is a Fannie Mae HomePath Property. Take a peek quick!

Last Agent to Sell the Property

Tomika Spires-Hanssen

Keller Williams Realty - Elite Partners II License #696338 Listed on: 06/24/2015

Keller Williams Realty - Elite Partners II

Co-Listed By

Kimberly Mkhwane

Keller Williams Realty - Elite Partners II License #3187443

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,347

Year Built

  • Built in 1973

Lot Details

  • 3.24 Acre Lot
  • Lake Front

Home Design

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

Interior Spaces

  • 2,421 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wood Burning Fireplace

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher
  • Laminate Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Detached Carport Space
  • Unpaved Driveway
  • Unpaved Parking

Outdoor Features

  • Docks

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,347

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Co List Office Phone: (352) 726-5263
  • Directions: 41 to left on Eden Dr. Right on Old Floral City Rd. Left on E Settle Ct. Stay to the left-street dead ends to 8500 Settle.
  • Water Frontage Type: Lakefront
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 3.24
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Unimproved
  • Building Stories: 1
  • Year Built: 1973
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Appliances: Built-In Oven, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Furnished: Unfurnished
  • Interior Amenities: Eat-in Kitchen, Fireplace, Laminate Counters, Primary Suite, Open Floorplan, Wood Cabinets, First Floor Entry
  • Living Area: 2421.0

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Unpaved Driveway
  • Foundation Details: Block
  • Lot Features: Acreage
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront Features: Boat Dock/Slip, Lake Front
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Detached Carport, Driveway, Unpaved
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Tax Info

  • Tax Annual Amount: 1347.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2021
Sold by
Mason Damon
Bought by
Mason Marjorie Lynn
Current Estimated Value
$341,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$143,910
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$197,981

Purchase Details

Listed on
Jun 24, 2015
Closed on
Nov 13, 2015
Sold by
Federal National Mortgage Association
Bought by
Mason Damon
Seller's Agent
Tomika Spires-Hanssen
Keller Williams Realty - Elite Partners II
List Price
$145,500
Sold Price
$116,500
Premium/Discount to List
-$29,000
-19.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%

Purchase Details

Closed on
Apr 7, 2015
Bought by
Mason Damon

Purchase Details

Closed on
Mar 26, 2015
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 7, 2011
Sold by
Briggs Joseph R and United States Of America Depar
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 12, 2010
Sold by
Briggs Jennifer L and Estate Of Joann F Briggs
Bought by
Briggs Joseph R

Purchase Details

Closed on
Jul 1, 2010
Bought by
Mason Damon

Purchase Details

Closed on
Aug 25, 2000
Sold by
Settle Joseph Charles and Settle Celia Elizabeth
Bought by
Briggs Billy W and Briggs Joann F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,900
Interest Rate
8.11%
Source: Public Records
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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
Mason Marjorie Lynn $215,000 Express Ttl Svcs Of Citrus I
Mason Damon $116,500 Title & Abstract Agency Amer
Mason Damon $100 --
Federal National Mortgage Association $49,100 None Available
Federal National Mortgage Association -- None Available
Briggs Joseph R -- Attorney
Mason Damon $100 --
Briggs Billy W $129,900 American Title Services Of C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mason Marjorie Lynn $160,000
Previous Owner Briggs Billy W $129,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2015 11/13/15 Sold $116,500 -19.9% $48 / Sq Ft
10/14/2015 10/14/15 Pending -- -- --
06/24/2015 06/24/15 For Sale $145,500 -- $60 / 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
2025 $3,942 $252,292 $42,270 $210,022
2024 $3,597 $259,212 $42,270 $216,942
2023 $3,597 $229,200 $42,270 $186,930
2022 $3,269 $215,164 $42,270 $172,894
2021 $2,819 $186,072 $42,270 $143,802
2020 $2,610 $172,970 $42,270 $130,700
2019 $2,422 $158,406 $42,270 $116,136
2018 $2,206 $141,458 $42,270 $99,188
2017 $2,052 $127,930 $42,270 $85,660
2016 $2,154 $129,433 $42,270 $87,163
2015 $1,322 $114,957 $42,300 $72,657
2014 -- $114,045 $45,296 $68,749
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 719517

REALTORS® Association of Citrus County

APN: 20E-19S-34-0000-13300