$220,000
SOLD JUN 6, 2021

5297 S Cherokee Way Unit 206 Homosassa, FL 34448

2 Beds
2 Baths
1,042 Sq Ft
$520/mo HOA Fee

Recently Sold

$211 Per Sq Ft

2% Below List Price

4 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Home fronts a seawall
  • Primary Bedroom Suite
  • Docks
  • RV Access or Parking
  • River View

About This Home

As of February 2025

Fully furnished, 2 bedroom, 2 bathroom overlooking the beautiful Homosassa River and Monkey Island. Incredible open water views, poolside, boat docks. Restaurant, marina , and onsite management company. Earn income from renting your condo. Close to all the local establishments. These 2 bedrooms don't come available very often.

Last Agent to Sell the Property

Phil Oakes

Silver King Properties LLC License #419566 Listed on: 05/03/2021

Last Buyer's Agent

Phil Oakes

Silver King Properties LLC License #419566 Listed on: 05/03/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,004

Year Built

  • Built in 1974

Lot Details

  • Home fronts a seawall
  • River Front
  • Property fronts a private road

HOA Fees

  • $520 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,042 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • River Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Parking

  • RV Access or Parking
  • Assigned Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • Rip-Rap
  • Docks
  • Deck

Schools

  • Homosassa Elementary School
  • Crystal River Middle School
  • Crystal River High School

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include cable TV, flood insurance, high speed internet, maintenance structure, pool(s), sewer, street lights, trash, water
  • Management Company Of Citrus Co. Association
  • Riverside Villas Subdivision

Amenities

  • Community Barbecue Grill
  • Shops
  • Restaurant
  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,004

Year Built

Built in 1974

Lot Details

0

HOA Fees

$520 per month

Listing Details

  • Architectural Style: One Story
  • Carport Y N: No
  • Directions: From Halls River Road, left on Fishbowl that turns into Yulee, right on Cherokee Way, property on your left
  • Water Frontage Type: River, Waterfront
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 0.02
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Building Stories: 1
  • Subdivision Name: Riverside Villas
  • Year Built: 1974
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate
  • Interior Amenities: Eat-in Kitchen, Laminate Counters, Master Suite, Open Floorplan, Pantry
  • Living Area: 1042.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Lot Features: Flat
  • Patio And Porch Features: Deck
  • Pool Features: None, Community
  • Roof: Asphalt, Shingle
  • View: River, Water
  • View: Yes
  • Waterfront Features: Boat Dock/Slip, Gulf Access, Ocean Access, Riprap, Seawall, River Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Assigned, Boat, RV Access/Parking

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 520.0
  • Association Fee Frequency: Monthly
  • Association Name: Management Company of Citrus Co.
  • Association: Yes
  • Community Features: Barbecue, Community Pool, Laundry Facilities, Restaurant, Shopping

Fee Information

  • Association Fee Includes: Cable TV, Flood Insurance, High Speed Internet, Maintenance Structure, Pool(s), Sewer, Street Lights, Trash, Water

Schools

  • Elementary School: Homosassa Elementary
  • High School: Crystal River High
  • Middle Or Junior School: Crystal River Middle

Lot Info

  • Zoning: GNC
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2004.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2024
Closed on
Feb 13, 2025
Sold by
Rigau Kathy
Bought by
Reese James K and Reese Stacey A
Seller's Agent
Terry Lynn Brusini
MAVREALTY
Buyer's Agent
Terry Lynn Brusini
MAVREALTY
List Price
$299,000
Sold Price
$200,000
Premium/Discount to List
-$99,000
-33.11%
Views
48
Current Estimated Value
$199,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$892
Avg. Annual Appreciation
-0.02%
Original Mortgage
$100,000
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 17, 2023
Closed on
Jul 21, 2023
Sold by
Cotsonas Gary and Cotsonas Lana
Bought by
Rigau Kathy
Seller's Agent
Sharon Gallo
Dalton Wade Inc
Buyer's Agent
NON MEMBER
NON MEMBER
List Price
$384,900
Sold Price
$275,000
Premium/Discount to List
-$109,900
-28.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.36%

Purchase Details

Listed on
Jan 19, 2022
Closed on
Mar 21, 2022
Sold by
Martinez Family Revocable Trust
Bought by
Cotsonas Gary and Cotsonas Lana
Seller's Agent
Phil Oakes
Silver King Properties LLC
List Price
$248,000
Sold Price
$248,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 2, 2021
Sold by
Miller Paul and Miller Margaret
Bought by
Martinez Nestor Luis and Martinez Rebeca Pomares
Seller's Agent
Phil Oakes
Silver King Properties LLC
Buyer's Agent
Phil Oakes
Silver King Properties LLC
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.15%

Purchase Details

Closed on
Feb 23, 2005
Sold by
Riverside Llc
Bought by
Miller Paul R and Miller Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $200,000 Belleair Title
Warranty Deed $200,000 Belleair Title
Warranty Deed $275,000 Land Title
Warranty Deed $248,000 Land Title Services
Warranty Deed $220,000 Attorney
Warranty Deed $229,900 Land Title Insurance Of Citr
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 New Conventional
Previous Owner $180,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2025 02/13/25 Sold $200,000 -11.1% $192 / Sq Ft
01/26/2025 01/26/25 Pending -- -- --
10/31/2024 10/31/24 Price Changed $225,000 -18.2% $216 / Sq Ft
08/17/2024 08/17/24 Price Changed $275,000 -8.0% $264 / Sq Ft
08/04/2024 08/04/24 For Sale $299,000 +8.7% $287 / Sq Ft
07/21/2023 07/21/23 Sold $275,000 -28.6% $264 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $384,900 +55.2% $369 / Sq Ft
03/26/2022 03/26/22 Sold $248,000 0.0% $238 / Sq Ft
03/13/2022 03/13/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $248,000 +12.7% $238 / Sq Ft
06/06/2021 06/06/21 Sold $220,000 -2.2% $211 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $225,000 -- $216 / 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 $3,532 $151,226 -- $151,226
2023 $3,532 $209,400 $0 $209,400
2022 $3,385 $207,356 $0 $207,356
2021 $2,230 $141,740 $0 $141,740
2020 $2,004 $119,738 $0 $119,738
2019 $3,218 $193,760 $0 $193,760
2018 $3,259 $193,760 $0 $193,760
2017 $3,333 $193,710 $0 $0
2016 $3,550 $199,360 $125,320 $74,040
2015 $3,536 $199,360 $125,320 $74,040
2014 $3,652 $199,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 801032

REALTORS® Association of Citrus County

APN: 17E-19S-31-0060-00020-2060