$85,050
SOLD NOV 20, 2015

5525 N Watergap Point Crystal River, FL 34428

3 Beds
2 Baths
1,652 Sq Ft
0.57 Acres

Recently Sold

$51 Per Sq Ft

22% Below List Price

190 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Cul-De-Sac
  • Open Floorplan
  • Cathedral Ceiling
  • 2 Car Attached Garage

About This Home

As of May 2017

Located just north of Crystal River inside a small neighborhood with about 60 homes. Great location. Home is priced to sell and will not last long. Property is sold through auction.

Last Agent to Sell the Property

Alan Ivory

RE/MAX Realty One License #3123747 Listed on: 04/14/2015

RE/MAX Realty One

Last Buyer's Agent

Frank Hyer

Tropic Shores Realty License #3049891

Tropic Shores Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,680

Year Built

  • Built in 2001

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 55x153
  • Property fronts a county road
  • Cul-De-Sac
  • Landscaped
  • Level Lot

HOA Fees

  • Property has a Home Owners Association

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,652 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well
  • Septic Tank

Community Details

  • Cedar Lake Est. Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,680

Year Built

Built in 2001

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Architectural Style: Contemporary
  • Carport Y N: No
  • Directions: Hwy 19 north to right on Cedar Lakes Est. to right on Watergap. Home on left.
  • Garage Yn: Yes
  • Lot Size Acres: 0.57
  • Lot Size: 55x153
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Cedar Lake Est.
  • Year Built: 2001
  • Special Features: 1088

Interior Features

  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate
  • Furnished: Unfurnished
  • Interior Amenities: Cathedral Ceiling(s), Master Suite, Open Floorplan, First Floor Entry
  • Living Area: 1652.0

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Landscaping, Concrete Driveway
  • Foundation Details: Block
  • Lot Features: Cul-De-Sac, Flat
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association #2 Fee: 75.0
  • Association #2 Fee Frequency: Annually
  • Association: Yes
  • Community Features: None

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1680.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2017
Closed on
May 25, 2017
Sold by
Arnone Susan and Arnone Joseph J
Bought by
Lapaugh William and Lapaugh La Paugh
Seller's Agent
Frank Hyer
Tropic Shores Realty
Buyer's Agent
Carolyn Clinefelter
Plantation Realty, Inc.
List Price
$154,900
Sold Price
$150,000
Premium/Discount to List
-$4,900
-3.16%
Current Estimated Value
$314,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,230
Avg. Annual Appreciation
9.66%
Original Mortgage
$144,130
Interest Rate
4.08%
Mortgage Type
VA

Purchase Details

Listed on
Apr 14, 2015
Closed on
Oct 23, 2015
Sold by
Wells Fargo Bank Na
Bought by
Arnone Susan
Seller's Agent
Alan Ivory
RE/MAX Realty One
Buyer's Agent
Frank Hyer
Tropic Shores Realty
List Price
$109,300
Sold Price
$85,050
Premium/Discount to List
-$24,250
-22.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.61%

Purchase Details

Closed on
Jan 27, 2015
Sold by
Wear Lloyd C and Depew Marilyn K
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 15, 2015
Sold by
Wear Lloyd C and Depew Marilyn K
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 20, 2005
Sold by
Dixon Norman P and Dixon Carol L
Bought by
Wear Lloyd C and Depew Marilyn K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
5.86%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 15, 2002
Sold by
Nettleton George H
Bought by
Dixon Norman P and Dixon Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.92%

Purchase Details

Closed on
Oct 1, 1990
Bought by
Lapaugh William and Lapaugh Catherine
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 $150,000 First Intl Title Inc
Special Warranty Deed $85,100 Attorney
Trustee Deed $52,100 Attorney
Trustee Deed -- Attorney
Warranty Deed $194,000 Land Title Insurance Of Citr
Warranty Deed $110,000 Nature Coast Title Company I
Deed $7,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $137,082 VA
Closed $144,130 VA
Previous Owner $75,000 Credit Line Revolving
Previous Owner $155,200 Fannie Mae Freddie Mac
Previous Owner $108,250 Unknown
Previous Owner $25,000 Credit Line Revolving
Previous Owner $88,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2017 05/25/17 Sold $150,000 -3.2% $91 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $154,900 +82.1% $94 / Sq Ft
11/20/2015 11/20/15 Sold $85,050 -22.2% $51 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $109,300 -- $66 / 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 $1,865 $162,722 -- --
2023 $1,865 $157,983 $0 $0
2022 $1,809 $153,382 $0 $0
2021 $1,736 $148,915 $0 $0
2020 $1,675 $169,335 $6,400 $162,935
2019 $1,651 $157,292 $6,400 $150,892
2018 $1,620 $140,880 $9,500 $131,380
2017 $1,988 $122,530 $9,500 $113,030
2016 $1,923 $113,810 $9,500 $104,310
2015 $1,860 $113,688 $9,500 $104,188
2014 $1,680 $93,190 $8,851 $84,339
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 717807

REALTORS® Association of Citrus County

APN: 17E-18S-06-0010-000C0-0130