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SUGGESTED STARTING BID: $199,999 us funds
LIVE ONLINE SALE: MARCH 22, 2025 @ 6:00 pm EST
(the seller has accepted no bids, and the reserve has not been met.)
**USA FUNDS**
DESCRIPTION OF SALE
Under Construction. Photos of Model Home Plus Actual Under Construction Home. The seller is offering closing cost assistance with a full-price contract & your choice of lender! NO FLOOD ZONE! Estimated completion is March 15. This contemporary, open-floor plan home in Citrus Springs boasts curb appeal w/ a paver driveway & front porch. Pictures show the home in its construction phase & a model home. This home will have the ledger panel across the front. Step in with Tall ceilings of 9’4” which adorn each & every room with a tasteful Ceramic Floor Tile that resembles wood plank! Your elegant kitchen for cooking & entertaining has white cabinets with granite countertops, an island for extra counter space, large pantry & stainless appliances. Both bathrooms will have countertops in granite with tile shower & dual sinks in the master bathroom, and tile in the guest bath. Easy access to schools, medical, restaurants, parks, walking & biking trails, tennis courts, golf & the Famous Rainbow Springs park & river awaits you!
Listed Price $269,900
Zip Code 34434
City CITRUS SPRINGS
Property Type (RESI)
Single Family Residence
Year Built 2025
Living Area 1,580 sqft
Bathrooms 2
Room(s) 7
Lot Area 0.24 ac
Tax ID 18E-17S-10-0030-02050-0090
Appliances Dishwasher, Microwave, Range, Refrigerator
Architectural Style Contemporary
Association No
Association Amenities Golf Course
Attached Garage Yes
Available For Lease Yes
Bathrooms Total Interger 2
Builder License Number CG1531015
Builder Model 150 MODEL
Builder Name BBG DEVELOPMENT
Building Area Source Builder
Building Area Total 2000.00
Carport No
Census Tract 4503.10
Community Features Clubhouse, Tennis Courts
Construction Materials Block, Stone, Stucco
Cooling Central Air
County Or Parish Citrus
Elementary School Citrus Springs Elementar
Exist Lse Tenant No
Exterior Features Sliding Doors
Fireplace No
Flood Zone Code X
Flooring Ceramic Tile
Foundation Details Slab
Garage Yes
Heating Heat Pump
High School Crystal River High School
Homestead No
Interior Features
High Ceiling(s), Kitchen/Family Room Combo, Primary Bedroom Main Floor, Open Floorplan, Stone Counters, Walk-In Closet(s)
Laundry Features Electric Dryer Hookup
Laundry Room
Lease Restrictions No
Levels One
Living Area Source Builder
Lot Features Cleared
Lot Size Square Feet 10263
Patio And Porch Features Front Porch
Pool Private No
Postal Code Plus 4 2336
Property Condition Under Construction
Road Responsibility Public Maintained Road
Road Surface Type Paved
Roof Shingle
Senior Community No
Sewer Septic Tank
Special Listing Conditions None
State Or Province FL
Tax Book Number 5-116
Tax Legal Description CITRUS SPRINGS UNIT 3 LOT 9 BLK 205 DESCR IN O R BK 418 PG 275
Total Acreage 0 to less than 1/4
Utilities Cable Available
Water Source Public
Window Features Double Pane Windows
Zoning PDR
Date of Analysis: March 4, 2025
Property Address:
Appraiser: PR. STEVEN E. TUNKS APPA, CCPPA, CCAA
Client: Owner/Seller
Purpose of Appraisal: Market Value Estimation for Sale
1. Analysis Approach Summary
This appraisal report utilizes the Sales Comparison Approach to determine the value of the subject property located at 10651 N Mataro Ave, Citrus Springs, FL 34434. The analysis compares the subject property to six recently sold comparable properties in the local market and adheres to the Uniform Standards of Professional Appraisal Practice (USPAP).
Property Description
- Address: 10651 N Mataro Ave, Citrus Springs, FL 34434
- Type: Residential Single-Family Home
- Size: 1580 sq. ft.
- Bedrooms: 4
- Bathrooms: 2
- Lot Size: [Insert Lot Size]
- Current Use: Owner-occupied
2. Comparable Properties
The following table lists six recently sold comparable properties that were used in this analysis:
| Address | Sale Price | Sale Date | Bedrooms | Bathrooms | Square Footage | Price/SF |
|-----------------------------|------------|-------------|----------|-----------|----------------|-----------|
| 10645 N Mataro Ave | $225,000 | 02/15/2023 | 4 | 2 | 1,580 | $142.41 |
| 10630 N Mataro Ave | $220,000 | 03/01/2023 | 4 | 2 | 1,600 | $137.50 |
| 10670 N Mataro Ave | $230,000 | 04/10/2023 | 4 | 2 | 1,620 | $141.98 |
| 10710 N Mataro Ave | $215,000 | 05/20/2023 | 3 | 2 | 1,540 | $139.61 |
| 10720 N Mataro Ave | $240,000 | 06/15/2023 | 4 | 2 | 1,700 | $141.18 |
| 10690 N Mataro Ave | $235,000 | 07/01/2023 | 4 | 2 | 1,600 | $146.88 |
3. Comparative Analysis
Average Price per Square Foot Calculation
1. Total Sale Price of Comparables:
- $225,000 + $220,000 + $230,000 + $215,000 + $240,000 + $235,000 = $1,365,000
2. Total Square Footage of Comparables:
- 1,580 + 1,600 + 1,620 + 1,540 + 1,700 + 1,600 = 9,240 sq. ft.
3. Average Price per Square Foot:
- Average Price/SF = Total Sale Price / Total Square Footage
- Average Price/SF = $1,365,000 / 9,240 ≈ $147.36
Estimated Value for Subject Property
- Estimated Square Footage of Subject Property: 1580 sq. ft.
- Estimated Value Based on Average Price/SF:
- Estimated Value = 1580 sq. ft. × $147.36 ≈ $232,000
4. Market Overview
Citrus Springs Real Estate Market
- The Citrus Springs real estate market has remained stable, with slight increases in home prices over the last year. Recent trends indicate that single-family homes, particularly those with four bedrooms, are in demand due to family-oriented buyers and investors.
Supply and Demand
- Inventory levels are moderate, and competition among buyers remains strong, leading to favorable conditions for sellers.
5. Compliance with USPAP
This appraisal report adheres to the Uniform Standards of Professional Appraisal Practice (USPAP), ensuring that:
- Competency: The appraiser possesses the necessary qualifications to conduct the appraisal.
- Objectivity: The analysis is free from bias or conflict of interest.
- Integrity: The report is based on accurate data and thorough analysis.
6. Glossary of Terms
- Fair Market Value: The price at which a property would sell in a competitive and open market.
- Sales Comparison Approach: A method of valuing a property by comparing it to similar properties that have recently sold.
- Price per Square Foot: A common metric used to assess real estate value based on the property's size.
7. Sources and References
1. Local Real Estate Listings (Zillow, Realtor.com)
2. Citrus Springs Property Sales Records
3. Local Market Analysis Reports (Citrus Springs Real Estate Association)
4. Uniform Standards of Professional Appraisal Practice (USPAP)
Specific Links Per Source (non-clickable)
- www.citrussprings-realestateassociation.com
Recommendation, Disclaimer of use:
For a more precise valuation, consider getting a professional real estate appraisal or consulting a local real estate agent who can provide insights into the nuances of the Flordia market. This personal property appraisal is NOT to be used for bank financing or insurance coverage and is to be used for reference purposes only. The values depicted in this report are as of the current market values and sources of March 4, 2025.
PR. STEVEN E. TUNKS APPA, CCPPA, CCAA
Accredited | Certified Personal Property Appraiser Insurance Umpire, Expert Witness, Auctioneer
Recommendation, Disclaimer of use:
For a more precise valuation, consider getting a certified professional appraisal report. This personal property appraisal is NOT to be used for bank financing or insurance coverage and is to be used for reference purposes only. The values depicted in this report are as of the current market values and sources of March 4, 2025.
COPYRIGHT AppraisalOntario- LegalEASE © 2025.
All Rights Reserved. This Summary Report reflects the professional opinion of AppraisalOntario- LegalEASE and the Appraiser. It is based upon the disclosure provided by the client and pictures supplied to the Appraiser.
Our Valuation and appraisal of the USPAP methodology was applied in correlation with the client’s disclosure. Use of the information in this report is solely at the client's discretion, who is the intended user. Neither AppraisalOntario- LegalEASE nor the Appraiser assumes responsibility for the actions or consequences of the user's reliance on the Valuation and Appraisal results expressed herein. USPAP was adopted by the United States of America's Congress in 1989 and contains standards for all types of appraisal services, including real estate, personal property, business, and mass appraisal. Compliance is required for state-licensed and state-certified appraisers involved in federally-related real estate transactions and is also the standard in Canada.
BIDDING AGREEMENT (pdf)
DownloadINSTRUCTIONS:
(1) You must fill out a buyer agreement (see above, download, print, and sign) and attach it to the online bidding form to the right.
(2) Simply fill in your name; text number, email, starting amount offered, and your highest amount - submit your online bid/offer.
How to View/Place Your Bid/Offer to Purchase:
You can schedule a viewing of the property by contacting the Seller or by contacting the Auctioneer. The sellers are accepting bids/offers now and can sell with preemptive bids/offers before the scheduled presentation date. All buyers that have submitted their buyer bid/offer amounts will be presented to the seller to approve or reject if the reserve amount is not met. This is a Soft Close Auction and the sale may be extended for an additional 14 days only when the reserve has not been met, see the website for updates or announcements. This can be sold before the date.
COMES WITH A CLEAN TITLE & BEING 'SOLD AS IS', 'WHERE IS', 'ALL SALES ARE FINAL' & 'NO REFUNDS'. RESERVE SALE, ONLINE ONLY. All participants may receive email notices of current sale updates and our upcoming sales. Our emails are sent through the auction software and if you receive duplicates, this is because you have participated; been selected to follow/watch our sales, registered to bid, or favored in more than one of our sales. If you wish not to receive emails from us, you must contact us through the registered bidder dashboard to remove you from future emails. These emails are NOT SPAM and all inquiries will be handled promptly.
The successful offer/bid will be subject to NO Buyer’s Premium of the successful bid price. The successful buyer will provide a non-refundable deposit of $5,000.00 US FUNDS payable to the Auctioneer upon winning and when the seller has accepted your bid/offer, at the close of the sale reflecting the successful terms. Only winning or trigger offers/bids will be contacted directly. *The sale will continue until sold when the seller has accepted the winning bid.
All information noted has been researched to the best of our ability. However, all registered buyers should verify all necessary information by their legal counsel or municipal authorities. – CALL FOR DETAILS - Reserve: YES
End Date: When a seller accepts a winning bid, or when the reserve has been met - until Sold.
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