NOT LISTED FOR SALE

502 Las Palmas Point Unit 502 Inverness, FL 34450

Estimated Value: $348,845 - $398,000

3 Beds
2 Baths
1,814 Sq Ft
3,920 Sq Ft Lot

Sale Details

Date Sold: March 22, 2024

Last sale price $370,000 $204 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,635 / mo

6 Days on Market

Highlights

  • Heated In Ground Pool
  • Walk-In Closet
  • Sliding Doors
  • Eat-In Kitchen
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of March 2024

Did someone say Heated POOL? Enjoy your newly re-marcited (2019) pool all year long in this updated 3 bedroom 3 bath 2 story home with 2 car detached garage with over 300 sq ft of "floored" attic space so you won't need that storage unit. Home is ready for new owners with a New Front Door, Newer Tile Roof 2013, Daikin HVAC 2023, Water Heater 2023, GDO in 2022, Plantation Shutters, Custom Blinds, RING security and so much more.. this home is perfectly located just blocks from the county seat in downtown Inverness. This home offers the conveniences of shopping, hospitals & nearby major highways to get you to Orlando, Tampa & Gainesville in just over an hour. Oak Lee Grove at The Landings is surrounded by some (7) of the most beautiful lakes (Tsala Apopka Chain), nearby parks and biking trails in Central Florida. Nearby parks for kiddos, walking trails for the dogs and bike trails when you just wanna ride for miles. Downtown is live with a "Small Town Done Right" feel.. offering the Valerie Theatre, Courthouse Museum, Various Locally Owned Shops and Restaurants to please any palate. Have a boat? Love the Water? Easy chain of lakes access just around the corner at the end of N. Apopka.

Last Agent to Sell the Property

James Morton

CENTURY 21 J.W.MORTON R.E. License #123629 Listed on: 02/02/2024

CENTURY 21 J.W.MORTON R.E.

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,364

Year Built

  • Built in 1985

Lot Details

  • 3,920

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 2nd floor
  • Block Foundation
  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,814 Sq Ft Home
  • 2-Story Property
  • Sliding Doors

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Schools

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

Additional Features

  • Heated In Ground Pool
  • South Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include ground maintenance
  • Jennifer Stauff/ Association, Phone Number (352) 445-0783
  • Oaklee Grove Condo Subdivision
  • The community has rules related to deed restrictions

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,364

Year Built

Built in 1985

Lot Details

3,920 Sq Ft Lot

HOA Fees

$330 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 1814
  • Lot Size Acres: 0.09
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 2652
  • Lot Size Sq Ft: 17414
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 246.38
  • Escrow City: Inverness
  • Escrow State: FL
  • Escrow Street Name: Hwy 44 West
  • Floor Number: 2
  • RATIO Current Price By Calculate: 203.97
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Eat-in Kitchen, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Other, Refrigerator, Washer
  • Foundation Details: Block, Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 168.53

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated, In Ground
  • Exterior Features: Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Other
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12017C0354D

Garage/Parking

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

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 330
  • Association Fee Frequency: Monthly
  • Association Name: Jennifer Stauff/
  • Phone: 352-445-0783
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Pet Restrictions: some breed restrictions call HOA
  • Association Fee Requirement: Required
  • Condo Land Included YN: 1
  • Max Pet Weight: 0

Fee Information

  • Total Annual Fees: 3960.00
  • Total Monthly Fees: 330.00
  • Monthly HOA Amount: 330.00

Schools

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

Lot Info

  • Zoning: LMD
  • Parcel Number: 20E-19S-17-005A-01370-0110
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Annual Amount: 3364
  • Tax Block: 1370
  • Tax Book Number: 627-2184
  • Tax Lot: 110

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Mar 22, 2024
Sold by
Bought by
Seller's Agent
James Morton
CENTURY 21 J.W.MORTON R.E.
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$398,000
Sold Price
$370,000
Premium/Discount to List
-$28,000
-7.04%
Views
3
Current Estimated Value
$373,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,423
Avg. Annual Appreciation
0.41%
Original Mortgage
$277,000
Outstanding Balance
$271,862
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$101,561

Purchase Details

Closed on
Aug 27, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2019
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.54%

Purchase Details

Closed on
Dec 8, 2015
Sold by
Bought by

Purchase Details

Closed on
Jul 9, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
7.23%

Purchase Details

Closed on
Feb 1, 1999
Bought by

Purchase Details

Closed on
Jul 1, 1997
Bought by

Purchase Details

Closed on
Jan 1, 1996
Bought by

Purchase Details

Closed on
Oct 1, 1995
Bought by

Purchase Details

Closed on
Dec 1, 1984
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$370,000 American Title Services
$235,000 American Ttl Svcs Of Citrus
$235,000 American Title Services
-- Attorney
$205,000 --
$145,000 North Central Fl Title Llc
$129,000 First Title Company Inc
$110,000 --
$91,000 --
$76,500 --
$15,000 --
$24,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $277,000
Previous Owner $160,000
Previous Owner --
Previous Owner $103,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/22/2024 03/22/24 Sold $370,000 -7.0% $204 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $398,000 -- $219 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,455 $309,320 -- $309,320
2024 $3,364 $201,566 -- --
2023 $3,364 $195,695 $0 $0
2022 $3,163 $189,995 $0 $0
2021 $2,987 $182,170 $0 $182,170
2020 $1,864 $155,014 $0 $155,014
2019 $3,748 $167,832 $0 $167,832
2018 $1,840 $125,270 $0 $125,270
2017 $1,798 $121,479 $0 $0
2016 $1,756 $118,980 $14,450 $104,530
2015 $2,339 $102,370 $13,597 $88,773
2014 $2,449 $102,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM672033

Stellar MLS

APN: 20E-19S-17-005A-01370-0110

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