NOT LISTED FOR SALE

Estimated Value: $544,000 - $618,000

4 Beds
3 Baths
1,840 Sq Ft
$315/Sq Ft Est. Value

Last Sold January 23, 2024

Last sale price $605,000 $329 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,659/month

74 Days on Market

Highlights

  • Boathouse
  • Dock made with wood
  • Full Bay or Harbor Views
  • 135 Feet of Lagoon Waterfront
  • Access to Bay or Harbor
  • Open Floorplan

About This Home

As of January 2024

Potential, potential, potential!!! Flood mitigation has BEEN DONE and this home is offered "AS IS" in present physical condition. New owner can choose whether to repair the house or tear it down and rebuild. Either way it's a great location just off King's Bay, headwaters to the Crystal River, and a beautiful setting for that waterfront dream home complete with amazing sunrise AND sunset views! This private lagoon with freshwater spring is how the neighborhood got its name of Palm Springs! Its also a favorite destination for our winter guests seeking the warm water of a fresh spring! Located outside city limits means WHEN REPAIRED you can use this property as a vacation rental too. There is ample room for multiple watercrafts along the 135 feet (MOL) of seawall with a floating dock plus a cut-in boat slip! The floating lifts convey with sale. Nicely landscaped and fenced side yard.

Last Agent to Sell the Property

Kim DeVane

REMAX REALTY ONE Brokerage Phone: 352-795-2441 License #3201766 Listed on: 09/29/2023

REMAX REALTY ONE

Last Buyer's Agent

Kathy Lu

KELLER WILLIAMS GAINESVILLE REALTY PARTNERS License #3550947

KELLER WILLIAMS GAINESVILLE REALTY PARTNERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,373

Year Built

  • Built in 1958

Lot Details

  • 9,589 Sq Ft Lot
  • Lot Dimensions are 135x65
  • 135 Feet of Lagoon Waterfront
  • South Facing Home
  • Level Lot
  • Property is zoned CLR

Parking

  • 2 Carport Spaces

Property Views

  • Full Bay or Harbor
  • Lagoon

Home Design

  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,840 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Microwave

Flooring

  • Brick
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Access to Bay or Harbor
  • Seawall
  • Boathouse
  • Dock made with wood
  • Open Dock
  • Private Mailbox

Location

  • Flood Zone Lot

Schools

  • Crystal River Primary Elementary School
  • Crystal River Middle School
  • Crystal River High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Palm Spgs Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,373

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1840
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1958
  • Building Area Total: 2824
  • Lot Size Sq Ft: 9589
  • Directions to Property: From US 19 go West on Fort Island Trail to Palm Springs Terr and turn R, turn R on Crescent Dr and first L over the one-lane bridge to home on right.
  • Status: Sold
  • Street Direction: N
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Inverness
  • Escrow Postal Code: 34450
  • Escrow State: FL
  • Escrow Street Name: Courthouse Sq
  • Escrow Street Number: 213
  • List Office Head Office Key Nume: 515308799
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 328.80
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Attribution Contact: 352-795-2441
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Brick, Terrazzo
  • Full Bathrooms: 3
  • Interior Amenities: Open Floorplan
  • Appliances Included: Microwave
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 1085
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 170.94
  • Room Count: 3

Exterior Features

  • Direction Faces: South
  • Other Structures: Boat House
  • Exterior Features: Private Mailbox
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: KING'S BAY
  • Waterfront: Yes
  • Road Surface Type: Asphalt, Paved
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Access: Bay/Harbor
  • Water Extras: Boathouse,Dock - Open,Dock - Wood,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Bay/Harbor - Partial,Lagoon
  • Water View YN: 1
  • Waterfront Feet Total: 135
  • Additional Water Information: King's Bay is the headwaters of the Crystal River, this lagoon is what the neighborhood was named after. Palm Springs.
  • Water Frontage Feet Lagoon: 135

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Zoning: CLR
  • Parcel Number: 17E-18S-28-0050-00000-0090
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Level, Paved
  • Lot Dimensions: 135x65
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 891

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 5373.16
  • Tax Block: 3
  • Tax Book Number: 3-16
  • Tax Lot: 9

Multi Family

  • Waterfront Features: Lagoon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Jan 16, 2024
Sold by
Ames Detrick Investments Llc
Bought by
Lin Rong and Zhang Huiming
Seller's Agent
Kim DeVane
REMAX REALTY ONE
Buyer's Agent
Kathy Lu
KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
List Price
$685,000
Sold Price
$605,000
Premium/Discount to List
-$80,000
-11.68%
Views
93
Current Estimated Value
$580,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,499
Avg. Annual Appreciation
0.89%

Purchase Details

Listed on
Sep 26, 2017
Closed on
Nov 9, 2017
Sold by
Ames Detrick Investments Llc
Bought by
Siberngel Brain
Seller's Agent
Steve Latiff
ERA American Suncoast Realty
Buyer's Agent
Kevin Cunningham
RE/MAX Realty One
List Price
$319,000
Sold Price
$280,000
Premium/Discount to List
-$39,000
-12.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.21%

Purchase Details

Closed on
Apr 11, 2016
Sold by
Silbernagel Bruce A
Bought by
Silbernagel Brian

Purchase Details

Listed on
Sep 18, 2013
Closed on
Nov 8, 2013
Sold by
Beers Richard S and The Beers Family Living Trust
Bought by
Silbernagel Bruce A and Silbernagel Brian
Seller's Agent
Charles Alexander
Alexander Real Estate, Inc.
Buyer's Agent
Charles Alexander
Alexander Real Estate, Inc.
List Price
$249,900
Sold Price
$210,000
Premium/Discount to List
-$39,900
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%

Purchase Details

Closed on
Jun 1, 1997
Bought by
Silbernagel Brian

Purchase Details

Closed on
Nov 1, 1994
Bought by
Silbernagel Brian
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
Lin Rong $605,000 First International Title
Siberngel Brain $56,000 Land Title Of Citrus County
Ames Detrick Investments Llc $280,000 Laud Title Of Cirtrus County
Silbernagel Brian -- Attorney
Silbernagel Bruce A $210,000 American Title Services Of C
Silbernagel Brian $100 --
Silbernagel Brian $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beers Richards $222,859
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2024 01/23/24 Sold $605,000 -6.8% $329 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
10/31/2023 10/31/23 Price Changed $649,000 -5.3% $353 / Sq Ft
09/29/2023 09/29/23 For Sale $685,000 +144.6% $372 / Sq Ft
11/09/2017 11/09/17 Sold $280,000 -12.2% $152 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
09/26/2017 09/26/17 For Sale $319,000 +51.9% $173 / Sq Ft
11/15/2013 11/15/13 Sold $210,000 -16.0% $114 / Sq Ft
10/16/2013 10/16/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $249,900 -- $136 / Sq Ft
Source: Stellar MLS

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 $6,248 $538,717 $211,540 $327,177
2023 $6,248 $445,419 $145,170 $300,249
2022 $5,373 $380,581 $145,170 $235,411
2021 $4,728 $323,875 $156,820 $167,055
2020 $4,295 $288,375 $135,910 $152,465
2019 $4,779 $317,126 $183,600 $133,526
2018 $4,613 $300,662 $183,600 $117,062
2017 $4,143 $293,064 $201,720 $91,344
2016 $3,693 $233,675 $131,780 $101,895
2015 $3,304 $196,323 $123,104 $73,219
2014 $3,250 $186,510 $122,783 $63,727
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: OM665376

Stellar MLS

APN: 17E-18S-28-0050-00000-0090