NOT LISTED FOR SALE

8925 E Gospel Island Rd Inverness, FL 34450

Estimated Value: $473,265 - $529,000

4 Beds
3.5 Baths
3,778 Sq Ft
$133/Sq Ft Est. Value

Last Sold July 25, 2012

Last sale price $143,800 $38 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $3,189/month

185 Days on Market

Highlights

  • Golf Course Community
  • 1.2 Acre Lot
  • Contemporary Architecture
  • Community Boat Facilities
  • Room in yard for a pool
  • Wood Flooring

About This Home

As of July 2012

Circa 1979 contemporary home with 4 bedrooms, 3.5 baths, two car attached garage plus detached garage and in-law Suite. This home needs some updating and TLC to enhance it's natural charm. This could be your next project. Approved FHA Short Sale.

Last Agent to Sell the Property

Jean Cassese

Landmark Realty License #3229123 Listed on: 12/23/2011

Last Buyer's Agent

Patty Sargent

ERA American Suncoast Realty License #3079943

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,371

Year Built

  • Built in 1979

Lot Details

  • 1.2 Acre Lot
  • Lot Dimensions are 190 x 275
  • Property fronts a county road
  • Fenced Yard
  • Landscaped
  • Level Lot

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stone

Interior Spaces

  • 3,778 Sq Ft Home
  • Multi-Level Property
  • Wet Bar
  • Central Vacuum
  • Beamed Ceilings
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • Double Door Entry
  • Sliding Doors
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Balcony
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Shed

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

Overview

  • No Home Owners Association
  • Point O Woods Subdivision

Amenities

  • Shops

Recreation

  • Community Boat Facilities
  • Golf Course Community
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,371

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Architectural Style: Contemporary, Multi-Level
  • Carport Y N: No
  • Directions: Hwy 44 E. Turn left at Hess Station. Property on right. See stone pillars at gate and private drive way.
  • Garage Yn: Yes
  • Lot Size Acres: 1.2
  • Lot Size: 190 x 275
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Subdivision Name: Point O Woods
  • Year Built: 1979
  • Special Features: 12

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Range Hood, Trash Compactor, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, Sliding Doors
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Furnished: Unfurnished
  • Interior Amenities: Attic, Beamed Ceilings, Wet Bar, Breakfast Bar, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Fireplace, In-Law Floorplan, Laminate Counters, Pantry, Pull Down Attic Stairs, Skylights, Utility Room, Walk-In Closet(s), Window Treatments, Central Vacuum, Sliding Glass Door(s), Cable TV
  • Living Area: 3778.0
  • Window Features: Blinds, Skylight(s)

Exterior Features

  • Construction Type: Frame, Stone, Wood Siding
  • Exterior Features: Balcony, Landscaping, Lighting, Paved Driveway, Room For Pool
  • Fencing: Yard Fenced
  • Foundation Details: Slab
  • Lot Features: Flat
  • Other Structures: Shed(s), Storage, Workshop
  • Patio And Porch Features: Balcony
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Driveway, Detached, Garage, Paved, Garage Door Opener
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Boat Facilities, Golf, Shopping, Trails/Paths

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1371.14
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2011
Closed on
Jul 25, 2012
Sold by
Jimenez Elba Luz
Bought by
Schultz Charles A and Schultz Elena Rae F
Seller's Agent
Jean Cassese
Landmark Realty
Buyer's Agent
Patty Sargent
ERA American Suncoast Realty
List Price
$134,900
Sold Price
$143,800
Premium/Discount to List
$8,900
6.6%
Current Estimated Value
$502,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,766
Avg. Annual Appreciation
9.94%
Original Mortgage
$113,800
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2008
Sold by
Thompson James L and Thompson Patricia M
Bought by
Jimenez Elba Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,712
Interest Rate
6.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2003
Sold by
Thompson James L
Bought by
Thompson James L and Thompson Patricia M

Purchase Details

Closed on
Jul 1, 2003
Bought by
Schultz Charles A and Schultz Elena Rae

Purchase Details

Closed on
Jun 1, 2000
Bought by
Schultz Charles A and Schultz Elena Rae

Purchase Details

Closed on
Dec 1, 1995
Bought by
Schultz Charles A and Schultz Elena Rae

Purchase Details

Closed on
Jan 1, 1991
Bought by
Schultz Charles A and Schultz Elena Rae

Purchase Details

Closed on
Jan 1, 1987
Bought by
Schultz Charles A and Schultz Elena Rae

Purchase Details

Closed on
Aug 1, 1983
Bought by
Schultz Charles A and Schultz Elena Rae
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
Schultz Charles A $143,800 American Title Services Of C
Jimenez Elba Luz $265,000 Stewart Title Company
Thompson James L -- --
Schultz Charles A $100 --
Schultz Charles A $100 --
Schultz Charles A $100 --
Schultz Charles A $115,000 --
Schultz Charles A $136,000 --
Schultz Charles A $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Charles A $100,000
Closed Schultz Charles A $113,800
Previous Owner Jimenez Elba Luz $157,712
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2012 07/25/12 Sold $143,800 +6.6% $38 / Sq Ft
06/25/2012 06/25/12 Pending -- -- --
12/23/2011 12/23/11 For Sale $134,900 -- $36 / 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 $5,417 $431,990 $16,000 $415,990
2023 $5,417 $387,050 $16,000 $371,050
2022 $4,806 $356,690 $16,000 $340,690
2021 $4,145 $288,220 $12,500 $275,720
2020 $3,786 $261,160 $10,920 $250,240
2019 $3,474 $233,110 $10,920 $222,190
2018 $3,169 $204,910 $10,920 $193,990
2017 $2,974 $187,710 $12,760 $174,950
2016 $3,246 $197,510 $12,760 $184,750
2015 $3,297 $212,042 $12,760 $199,282
2014 $2,913 $166,700 $12,747 $153,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 352873

REALTORS® Association of Citrus County

APN: 20E-19S-02-0000-34325