NOT LISTED FOR SALE

860 S Redwood Terrace Lecanto, FL 34461

Lecanto Neighborhood

Estimated Value: $267,000 - $302,000

3 Beds
2 Baths
1,535 Sq Ft
$185/Sq Ft Est. Value

Last Sold September 02, 2022

Last sale price $281,000 $183 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,765/month

2 Days on Market

Highlights

  • Vaulted Ceiling
  • Corner Lot
  • No HOA
  • Sun or Florida Room
  • Granite Countertops
  • Cooking Island

About This Home

As of September 2022

Rest & relaxation at last! This home located near everything Lecanto has to offer and in one of its most peaceful neighborhoods is ready for a new family. This home boats a newly renovated kitchen as well as an only 12 year old roof. Three bedrooms, two full bathrooms, an eat in kitchen, small gathering room AND a living room within this 1500+ square foot home. Once you visit this incredibly peaceful neighborhood you will be convinced.

Last Agent to Sell the Property

Vincent Esposito

EXIT RIVERSIDE REALTY License #3499230 Listed on: 08/13/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $660

Year Built

  • Built in 1990

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 67x135
  • North Facing Home
  • Chain Link Fence
  • Corner Lot
  • Oversized Lot
  • Property is zoned LDR

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,535 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher
  • Cooking Island
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Schools

  • Lecanto Primary Elementary School
  • Lecanto Middle School
  • Lecanto High School

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lecanto 1St Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$660

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1535
  • Lot Size Acres: 0.42
  • New Construction: No
  • Year Built: 1990
  • Lot Size Sq Ft: 18225
  • Directions to Property: From E Pennsylvania Ave in Dunnellon, head west and then turn left onto US41. In approximately 6.5 miles turn right onto N. Lecanto Hwy (491). Proceed for approximately 10 miles turn left onto SR 44. Make your second right onto S Redwood Terrace. Home is on the right at next corner
  • Status: Sold
  • Street Direction: S
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Inverness
  • Escrow Postal Code: 34450
  • Escrow State: FL
  • Escrow Street Name: N Apopka Ave
  • Escrow Street Number: 217
  • List Office Head Office Key Nume: 529793921
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 183.06
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Master Bedroom Main Floor, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 860
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Florida Room
  • Living Area Meters: 142.61
  • Room Count: 3

Exterior Features

  • Direction Faces: North
  • Exterior Features: Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Rear Porch, Screened
  • Road Surface Type: Asphalt, Paved
  • Disclosures: None
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Lecanto Primary School
  • High School: Lecanto High School
  • Middle Or Junior School: Lecanto Middle School

Lot Info

  • Zoning: LDR
  • Parcel Number: 18E-19S-04-0110-00130-0070
  • Additional Parcels: No
  • Fencing: Chain Link, Fenced
  • Lot Features: Corner Lot, Oversized Lot, Paved
  • Lot Dimensions: 67x135
  • Flood Zone Code: x
  • Homestead YN: 1
  • Lot Size Square Meters: 1693

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 660.31
  • Tax Block: 13
  • Tax Book Number: 1-42
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2024
Sold by
Cowen Stephen L and Cowen Carmelita D
Bought by
Cowen Revocable Family Trust and Cowen
Current Estimated Value
$283,788

Purchase Details

Listed on
Aug 13, 2022
Closed on
Sep 2, 2022
Sold by
Justin Lofaro
Bought by
Cowen Carmelita D and Cowen Stephen L
Seller's Agent
Vincent Esposito
EXIT RIVERSIDE REALTY
Buyer's Agent
Vincent Esposito
EXIT RIVERSIDE REALTY
List Price
$299,800
Sold Price
$281,000
Premium/Discount to List
-$18,800
-6.27%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.05%

Purchase Details

Closed on
Apr 6, 2012
Sold by
Kenney Michele and Lofaro Michele
Bought by
Lofaro Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,100
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 1, 1989
Bought by
Lofaro Steven

Purchase Details

Closed on
Jul 1, 1986
Bought by
Lofaro Steven

Purchase Details

Closed on
Mar 1, 1986
Bought by
Lofaro Steven

Purchase Details

Closed on
Sep 1, 1979
Bought by
Lofaro Steven
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
Cowen Revocable Family Trust $100 None Listed On Document
Cowen Carmelita D $285,000 New Title Company Name
Lofaro Steven $21,400 Attorney
Lofaro Steven $100 --
Lofaro Steven $100 --
Lofaro Steven $100 --
Lofaro Steven $2,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lofaro Steven $85,000
Previous Owner Lofaro Steven $73,514
Previous Owner Lofaro Steven $25,000
Previous Owner Lofaro Steven $44,100
Previous Owner Lofaro Steven $23,900
Previous Owner Lofaro Steven $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Sold $281,000 -6.3% $183 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
08/13/2022 08/13/22 For Sale $299,800 -- $195 / Sq Ft
Source: Stellar MLS

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 $2,628 $211,592 -- --
2023 $2,628 $205,429 $13,540 $191,889
2022 $679 $76,091 $0 $0
2021 $660 $73,875 $0 $0
2020 $603 $132,326 $6,500 $125,826
2019 $603 $118,880 $5,500 $113,380
2018 $582 $100,834 $5,500 $95,334
2017 $586 $68,452 $9,860 $58,592
2016 $598 $67,044 $9,460 $57,584
2015 $604 $66,578 $11,900 $54,678
2014 $617 $66,050 $6,810 $59,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM644390

Stellar MLS

APN: 18E-19S-04-0110-00130-0070