NOT LISTED FOR SALE

8911 E Gospel Island Rd Inverness, FL 34450

Estimated Value: $75,420

1.61 Acres
$46,845 Price per Acre
70,132 Sq Ft Lot

Last Sold March 25, 2014

Last sale price $10,000

Est. 654% increase in value since last sale

Current estimated payment $435/month

61 Days on Market

Highlights

  • 1.61 Acre Lot
  • Wooded Lot
  • No HOA
  • Room in yard for a pool
  • Corner Lot

About This Lot

As of March 2014

Bank Owned wooded 1.61 acre tract, more or less, on Gospel Island. Situated on the corner of Gospel Island Road and N. Horse Prairie Road. Great area to build your custom home. Some chain link fencing.There is an existing 4" well on the property, but am not verifying that it is operational or not. However, if it useable, at such time a building permit were issued, a buyer would be required to hook up to the public water provided by Citrus County Utilities. The well, if useable could be used for irrigation purposes only. Conveniently located to Inverness and Hwy 44 East. Just minutes to I-75. Lake chain and fishing nearby.

Last Agent to Sell the Property

Roy Bass

All Citrus Realty License #128783 Listed on: 12/24/2013

Last Buyer's Agent

Roy Bass

All Citrus Realty License #128783 Listed on: 12/24/2013

Property Details

Property Type

  • Land

Lot Details

  • 1.61 Acre Lot
  • Chain Link Fence
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned CLR

Schools

  • Inverness Middle School
  • Citrus High School

Utilities

  • Well Required
  • Septic Needed

Community Details

Overview

  • No Home Owners Association

Recreation

  • Room in yard for a pool

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: Hwy 44 East, left on 470 or Gospel Island Road by the Hess gas station to property on the corner of Gospel Island Road and N. Horse Prairie Road on right.
  • Lot Size Acres: 1.61
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Special Features: RealEstateOwned

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Single Family

Exterior Features

  • Exterior Features: Room For Pool
  • Fencing: Chain Link
  • Lot Features: Corner Lot, Flat, Rectangular, Wooded
  • Other Structures: None
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Above Ground Utilities, Cable Available, None, Overhead Utilities, Phone Available, Water Available
  • Water Source: Public, Well Needed

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: CLR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 330.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2013
Closed on
Mar 20, 2014
Sold by
Branch Banking & Trust Company
Bought by
Matharoo Pritam S and Matharoo Sharon J
Seller's Agent
Roy Bass
All Citrus Realty
Buyer's Agent
Roy Bass
All Citrus Realty
List Price
$10,000
Sold Price
$10,000
Current Estimated Value
$75,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,420
Avg. Annual Appreciation
19.45%

Purchase Details

Listed on
Dec 24, 2013
Closed on
Mar 19, 2014
Sold by
Branch Banking & Trust Company
Bought by
Matharoo Pritam S and Matharoo Sharon J
Seller's Agent
Roy Bass
All Citrus Realty
Buyer's Agent
Roy Bass
All Citrus Realty
List Price
$10,000
Sold Price
$10,000

Purchase Details

Closed on
Nov 1, 2013
Bought by
Matharoo Pritam S and Matharoo Sharon J

Purchase Details

Closed on
Jan 25, 2005
Sold by
Iranipour Iraj and Iranipour Gita T
Bought by
Junker Larry G and Junker Wanda H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,873
Interest Rate
5.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 28, 2004
Sold by
Cooper Charles C and Cooper Marleen M
Bought by
Iranipour Iraj and Iranipour Gita T

Purchase Details

Closed on
Mar 8, 2004
Sold by
Lord Curtis M
Bought by
Cooper Charles C and Cooper Marleen M

Purchase Details

Closed on
Jun 1, 1985
Bought by
Matharoo Pritam S and Matharoo Sharon J

Purchase Details

Closed on
Aug 1, 1983
Bought by
Matharoo Pritam S and Matharoo Sharon J

Purchase Details

Closed on
Nov 1, 1980
Bought by
Matharoo Pritam S and Matharoo Sharon J
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
Matharoo Pritam S -- Tp Title Services Llc
Matharoo Pritam S $10,000 Lp Title Services Llc
Matharoo Pritam S $100 --
Junker Larry G $36,000 Citrus Land Title Llc
Iranipour Iraj $27,000 Citrus Land Title Llc
Cooper Charles C $17,000 Dba Crystal River Title
Matharoo Pritam S $27,500 --
Matharoo Pritam S $100 --
Matharoo Pritam S $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Junker Larry G $36,873
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2014 03/25/14 Sold $10,000 0.0% --
02/23/2014 02/23/14 Pending -- -- --
12/24/2013 12/24/13 For Sale $10,000 -- --
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 $285 $18,880 $16,000 $2,880
2023 $285 $18,760 $16,000 $2,760
2022 $275 $18,760 $16,000 $2,760
2021 $263 $18,340 $15,620 $2,720
2020 $242 $16,370 $13,650 $2,720
2019 $245 $16,370 $13,650 $2,720
2018 $250 $16,370 $13,650 $2,720
2017 $291 $18,670 $15,950 $2,720
2016 $302 $18,670 $15,950 $2,720
2015 $310 $18,670 $15,950 $2,720
2014 $320 $18,608 $15,973 $2,635
Source: Public Records

Agents Affiliated with this Home

  • Roy Bass

    Seller's Agent in 2014

    Roy Bass

    All Citrus Realty

    (352) 302-6714

    4 in this area

    129 Total Sales

    Roy Bass
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Map

Source: REALTORS® Association of Citrus County

MLS Number: 707454

REALTORS® Association of Citrus County

APN: 20E-19S-02-0000-34320

Florida Citrus County Inverness 34450

8911 E Gospel Island Rd, Inverness, FL

This home is located at 8911 E Gospel Island Rd, Inverness, FL 34450 since 24 December 2013 and is currently estimated at $75,420. 8911 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.
Information is deemed reliable but not guaranteed.

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