NOT LISTED FOR SALE

8948 E Executive Loop Inverness, FL 34450

Estimated Value: $378,000 - $438,000

3 Beds
2.5 Baths
2,171 Sq Ft
$191/Sq Ft Est. Value

Last Sold April 19, 2016

Last sale price $180,000 $83 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,297/month

159 Days on Market

Highlights

  • Above Ground Pool
  • Ranch Style House
  • Stone Countertops
  • Primary Bedroom Suite
  • Cathedral Ceiling
  • No HOA

About This Home

As of April 2016

Beautiful Inverness Country home with great views and tons of privacy! Built in 2006 and offers a large bonus room above the garage, granite tops, wood cabinets, laminate and title floors, cathedral ceilings, Large front and rear porches built for some good old fashioned rocking chairs. The above ground pool could be left there for new owners or removed if needed. The location couldn't be better as this property is located on gospel island just a short distance to town and near the Inverness Chain of lakes. You cannot replace this home and property for this price. Don't let this one get away.

Last Agent to Sell the Property

Quade Feeser

Century 21 J.W.Morton R.E. License #3232533 Listed on: 10/14/2015

Last Buyer's Agent

Quade Feeser

Century 21 J.W.Morton R.E. License #3232533 Listed on: 10/14/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,444

Year Built

  • Built in 2006

Lot Details

  • 0.55 Acre Lot
  • Rectangular Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • HardiePlank Type
  • Stucco

Interior Spaces

  • 2,171 Sq Ft Home
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Thermal Windows
  • Double Pane Windows
  • Blinds
  • French Doors

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub with Shower
  • Garden Bath
  • Separate Shower

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Water Purifier is Owned
  • Septic Tank

Additional Features

  • Energy-Efficient Windows
  • Above Ground Pool

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,444

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Ranch
  • Carport Y N: No
  • Directions: Take Hwy 44 East to a left on Gospel Island to a right on Horse Prairie Road to a right On Executive Loop. Last house on the right.
  • Garage Yn: Yes
  • Efficiency: Windows
  • Lot Size Acres: 0.55
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Water Purifier Owned, Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Furnished: Unfurnished
  • Interior Amenities: Bathtub, Cathedral Ceiling(s), Fireplace, Garden Tub/Roman Tub, Master Suite, Stone Counters, Split Bedrooms, Separate Shower, Tub Shower, Walk-In Closet(s), Wood Cabinets, French Door(s)/Atrium Door(s)
  • Living Area: 2171.0
  • Window Features: Blinds, Double Pane Windows, Thermal Windows

Exterior Features

  • Construction Type: HardiPlank Type, Stucco
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block
  • Lot Features: Rectangular
  • Pool Features: Above Ground, None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1444.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2015
Closed on
Apr 19, 2016
Sold by
Williams Colin M and Williams Cameron
Bought by
Smith Chase N and Smith Erica C
Seller's Agent
Quade Feeser
Century 21 J.W.Morton R.E.
Buyer's Agent
Quade Feeser
Century 21 J.W.Morton R.E.
List Price
$214,900
Sold Price
$180,000
Premium/Discount to List
-$34,900
-16.24%
Current Estimated Value
$414,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,477
Avg. Annual Appreciation
8.91%
Original Mortgage
$162,000
Outstanding Balance
$128,000
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$286,477

Purchase Details

Listed on
Aug 1, 2013
Closed on
Dec 2, 2013
Sold by
Stratis Peter L and Stratis Susan
Bought by
Williams Colin M
Seller's Agent
Linda Meahl
RE/MAX Realty One
Buyer's Agent
Mark States
RE/MAX Realty One
List Price
$164,900
Sold Price
$159,000
Premium/Discount to List
-$5,900
-3.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$156,120
Interest Rate
4.16%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2011
Sold by
Jenkins Montgomery B and Jenkins Caroline S
Bought by
Stratis Peter L and Stratis Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2004
Sold by
Paxston Deanna K
Bought by
Jenkins Montgomery B and Jenkins Caroline S

Purchase Details

Closed on
Sep 1, 2004
Bought by
Smith Chase N and Smith Erica C

Purchase Details

Closed on
Jun 9, 2003
Sold by
Kopp Clyde and Clyde Kopp Trust
Bought by
Paxston Deanna K

Purchase Details

Closed on
Jun 1, 2003
Bought by
Smith Chase N and Smith Erica C

Purchase Details

Closed on
Dec 11, 2001
Sold by
Mobilevest Inc
Bought by
Kopp Clyde and Clyde Kopp Trust Agreement

Purchase Details

Closed on
Dec 1, 2001
Bought by
Smith Chase N and Smith Erica C

Purchase Details

Closed on
Nov 29, 2001
Sold by
Mobilevest Inc
Bought by
Kopp Clyde and Clyde Kopp Trust Agreement

Purchase Details

Closed on
Jun 1, 1997
Bought by
Smith Chase N and Smith Erica C

Purchase Details

Closed on
Mar 1, 1995
Bought by
Smith Chase N and Smith Erica C

Purchase Details

Closed on
Mar 1, 1992
Bought by
Smith Chase N and Smith Erica C

Purchase Details

Closed on
Feb 1, 1990
Bought by
Smith Chase N and Smith Erica C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Smith Chase N $180,000 American Title Svcs Citrus C
Williams Colin M $159,000 First Intl Title Inc
Stratis Peter L $145,100 American Title Services Of C
Jenkins Montgomery B $15,700 Advance Homestead Title Inc
Smith Chase N $100 --
Paxston Deanna K -- --
Smith Chase N $100 --
Kopp Clyde -- --
Smith Chase N $100 --
Kopp Clyde -- --
Smith Chase N $180,000 --
Smith Chase N $52,500 --
Smith Chase N $2,100 --
Smith Chase N $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Chase N $162,000
Previous Owner Williams Colin M $156,120
Previous Owner Stratis Peter L $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2016 04/19/16 Sold $180,000 -16.2% $83 / Sq Ft
03/20/2016 03/20/16 Pending -- -- --
10/13/2015 10/13/15 For Sale $214,900 +35.2% $99 / Sq Ft
12/02/2013 12/02/13 Sold $159,000 -3.6% $73 / Sq Ft View Prior Sale
11/02/2013 11/02/13 Pending -- -- --
08/01/2013 08/01/13 For Sale $164,900 -- $76 / 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 $1,739 $151,411 -- --
2024 $1,691 $147,144 -- --
2023 $1,691 $142,858 $0 $0
2022 $1,582 $138,697 $0 $0
2021 $1,468 $131,191 $0 $0
2020 $1,406 $195,161 $6,170 $188,991
2019 $1,384 $181,687 $6,170 $175,517
2018 $1,355 $167,733 $6,170 $161,563
2017 $1,347 $121,560 $6,170 $115,390
2016 $1,399 $121,553 $6,170 $115,383
2015 $1,417 $120,708 $6,180 $114,528
2014 $1,444 $119,750 $6,516 $113,234
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 721828

REALTORS® Association of Citrus County

APN: 20E-19S-02-0000-43000-0320