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9709 W Riverwood Dr
Score
68
Crystal River, FL

9709 W Riverwood Dr

1.2M
6 bd • 4 ba • 4,707 sf

This analysis was generated on 3/19/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$1,229,000

Price/Sq.Ft

$261

Year Built

1998

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Waterfront Location: Direct lake access significantly increases property value • Mature Landscaping: Established trees and gardens enhance privacy and aesthetics • Gazebo: Provides a charming outdoor retreat • Waterfront Property • Large Lot • Mature Landscaping • Gazebo • Auxiliary Building • Price Position: At $261.10 per sqft, this property is priced 25.5% above the zip code's average of $208 per sqft. • Appreciation Trend: Homes in 34428 have sold for 6% more than they did a year ago, indicating moderate appreciation. • Rental Income: $2,667/month with 90% occupancy (0.1% cap rate) • Schools: Lower school ratings may detract from property values by an estimated 3-5% compared to areas with higher-rated schools. Buyers prioritizing school quality may seek private school options or consider alternative neighborhoods. • Future Development: Current building restrictions prevent similar homes from being built, potentially increasing the scarcity and value of this unique property. The possibility of renting out one side of the duplex offers income potential, but local regulations should be verified. • The main house appears to have good natural light, especially in the rear facing the water. The mature trees provide shade but may also limit some light exposure.
Waterfront Location

Waterfront Location

Direct lake access significantly increases property value.

Mature Landscaping

Mature Landscaping

Established trees and gardens enhance privacy and aesthetics.

Gazebo

Gazebo

Provides a charming outdoor retreat.

The Bad

• Driveway Resurfacing (MEDIUM priority): $15,000 • Auxiliary Building Renovation (MEDIUM priority): $25,000 • Extreme heat and wind risks may necessitate higher insurance costs and property maintenance expenses. • Potential for rising interest rates could impact affordability and buyer demand. • Dependence on tourism could make the local economy vulnerable to economic downturns. • Climate Risk: While flood insurance is not critical due to the FEMA Zone X designation, the extreme wind risk necessitates comprehensive hurricane coverage. Estimated annual cost: $3,000 - $5,000 depending on coverage levels. Fire risk is moderate, suggesting recommended but not mandatory fire insurance.

The Ugly

No critical issues identified
Worn Driveway

Worn Driveway

The driveway is cracked and shows significant wear, indicating a need for resurfacing or replacement.

Dated Auxiliary Building

Dated Auxiliary Building

The auxiliary building appears dated and may have deferred maintenance issues. The roof and siding could need attention.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $32,000 with 90% occupancy rate Value Investors: Projected 9.8% appreciation potential in moderate scenario Renovation-Minded Buyers: Estimated $40,000 in strategic upgrades could significantly increase property value

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$42,800

Property History

Price History
Ownership Timeline
$0Cash Purchase
Sep 16, 2020
Angelo Steve Lecouris, Alethea M LecourisSteve Lecouris, Alethea Langford Lecouris
Intrafamily Transfer
Non-Arm's Length Transactions

Property Taxes

$6,072
2024 Tax Assessment
2.2%from previous year
Assessed Value$436,530
Tax Rate1.39%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Nearby school quality by education level

Elementary

4.0/10
Average

Middle

3.0/10
Below Average

Financials

Monthly Costs
Market Rent (6 bed)

$721

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$1,229,000
Price/sqft
$261
Layout
6 bd4 ba
Days on market
267 daysat time of analysis

Stats in the Area

Based on 1 comparable properties nearby

Average Price

$2,600

47169.2%

Your price is 47169.2% above average

Median Price

$2,600

47169.2%

Based on 1 recent sales

Price per Sq.Ft

N/A

No price per sq.ft data available

Comparable Properties

9300 Tonto Drive, FL 34428
Price: $2,600
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 11/25/2024

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