NOT LISTED FOR SALE

1103 S Dream Terrace Inverness, FL 34450

Estimated Value: $237,000 - $287,000

3 Beds
2 Baths
1,110 Sq Ft
$237/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $280,000 $252 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,735/month

91 Days on Market

Highlights

  • Lake Front
  • Updated Kitchen
  • Room in yard for a pool
  • Docks
  • Lake Privileges
  • Deck

About This Home

As of March 2024

OH MY GOODNESS! Seller just made HUGE PRICE IMPROVEMENT & says SELL NOW!! Don't miss this chance to live the waterfront dream you've always imagined. This home has been nicely updated to a 3/2 with an updated kitchen that will inspire the chef in you which includes stainless steel appliances, sleek shaker style cabinets, and exquisite granite countertops. Immerse yourself in the lap of luxury with bathrooms that have been updated to perfection including Decorative tile, elegant fixtures, and a designer touch that will ensure that your daily routines become a spa-like experience. Not feeling like cooking inside? Step outside through the French Doors into your own personal paradise. The spacious deck, complete with a cabana, is a prime spot for grilling or soaking in the Florida sun or gatherings or sipping your morning coffee. And when it's time to relax, dip into the hot tub and let your cares melt away as you take in the star lit evenings or hang out by the firepit. Previously utilized as an Airbnb, this property offers an incredible opportunity for an additional income stream. Whether you're looking for a primary residence, a vacation getaway, or an investment property, the possibilities are endless. With a motivated seller, this opportunity won't last long. Seize your chance to own a piece of Lake Tsala Apopka which is the largest freshwater system in Citrus County and covers approximately 22,000 acres and includes 15 lakes known for large mouth bass. Metal roof assumed to be installed around 2007, HW heater 2016, Septic/Drainfield Nov 2021, a/c 2023, Culligan Water System being financed & can purchase sep from owner.

Last Agent to Sell the Property

Yvonne Lafon

Epique Realty Inc License #3459653 Listed on: 11/04/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,048

Year Built

  • Built in 1962

Lot Details

  • 8,260 Sq Ft Lot
  • Lot Dimensions are 70x118
  • Lake Front
  • Vinyl Fence
  • Chain Link Fence
  • Level Lot
  • Property is zoned CLR

Home Design

  • Block Foundation
  • Slab Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,110 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Blinds
  • Stained Glass
  • Leaded Glass Windows
  • Lake Views
  • Dryer

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Electric Oven
  • Range
  • Built-In Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Shower Only
  • Separate Shower

Parking

  • Parking Available
  • Driveway
  • Paved Parking

Outdoor Features

  • Room in yard for a pool
  • Docks
  • Lake Privileges
  • Deck
  • Shed

Schools

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

Utilities

  • Central Heating
  • Well
  • Septic Tank

Community Details

Overview

  • No Home Owners Association
  • Hickory Hill Retreats Subdivision

Amenities

  • Shops

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,048

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Architectural Style: One Story
  • Carport Y N: No
  • Directions: From Gulf to Lake Hwy, Turn onto S Elmwood Dr to Dream Ter. Home will be on the Right
  • Water Frontage Type: Lakefront, Waterfront
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 0.2
  • Lot Size: 70x118
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Building Stories: 1
  • Subdivision Name: Hickory Hill Retreats
  • Year Built: 1962
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Disposal, Microwave Hood Fan, Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Beamed Ceilings, Eat-in Kitchen, High Ceilings, Main Level Primary, Primary Suite, Stone Counters, Split Bedrooms, Shower Only, Separate Shower, Tub Shower, Updated Kitchen, Vaulted Ceiling(s), Walk-In Closet(s), Wood Cabinets
  • Living Area: 1110.0
  • Spa Features: Community
  • Window Features: Stained Glass, Blinds, Leaded Glass
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Paved Driveway, Room For Pool
  • Fencing: Chain Link, Vinyl
  • Foundation Details: Block, Slab
  • Lot Features: Flat
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Pool Features: None
  • Roof: Metal
  • View: Lake
  • View: Yes
  • Waterfront Features: Boat Dock/Slip, Lake Privileges, Lake Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Driveway, Paved, Parking Space(s)

Utilities

  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: Shopping

Schools

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

Lot Info

  • Lot Size Sq Ft: 8260.0
  • Zoning: CLR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2048.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2023
Closed on
Mar 7, 2024
Sold by
Vassallo Donna and Vassallo Nina
Bought by
Carter Judith M and Carter Steven P
Seller's Agent
Yvonne Lafon
Epique Realty Inc
List Price
$299,000
Sold Price
$280,000
Premium/Discount to List
-$19,000
-6.35%
Views
146
Current Estimated Value
$275,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,877
Avg. Annual Appreciation
-1.23%

Purchase Details

Listed on
Mar 30, 2022
Closed on
Nov 15, 2022
Sold by
Cabinet Warehouse Plus Inc
Bought by
Vassallo Donna and Vassallo Nina
Seller's Agent
Kimberly Pye
Home-Land Real Estate Inc
Buyer's Agent
NON MEMBER
NON MEMBER
List Price
$295,000
Sold Price
$225,000
Premium/Discount to List
-$70,000
-23.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.17%
Original Mortgage
$202,500
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2021
Sold by
Zewiey Jennie M
Bought by
Cabinets Warehouse Plus Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
2.8%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 1, 1998
Bought by
Zewiey Richard Lawrence and Zewiey Jennie M

Purchase Details

Closed on
Aug 1, 1993
Bought by
Zewiey Richard Lawrence and Zewiey Jennie M

Purchase Details

Closed on
Feb 1, 1988
Bought by
Zewiey Richard Lawrence and Zewiey Jennie M
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
Carter Judith M $280,000 Home Land Title
Vassallo Donna $225,000 Home Land Title
Cabinets Warehouse Plus Llc $110,000 Nona Title Inc
Zewiey Richard Lawrence $25,000 --
Zewiey Richard Lawrence $26,000 --
Zewiey Richard Lawrence $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vassallo Donna $202,500
Previous Owner Cabinets Warehouse Plus Llc $130,000
Previous Owner Zewiey Jennie $18,000
Previous Owner Zewiey Richard L $400
Previous Owner Zewiey Richard L $110,000
Previous Owner Zewiey Richard L $89,000
Previous Owner Zewiey Richard L $41,000
Previous Owner Zewiey Richard L $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $280,000 +1.8% $252 / Sq Ft
02/04/2024 02/04/24 Pending -- -- --
01/01/2024 01/01/24 Price Changed $275,000 -8.0% $248 / Sq Ft
11/04/2023 11/04/23 For Sale $299,000 +32.9% $269 / Sq Ft
11/15/2022 11/15/22 Sold $225,000 -23.7% $260 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $295,000 -- $341 / 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 $2,749 $188,339 $46,200 $142,139
2023 $2,749 $172,561 $46,200 $126,361
2022 $2,134 $136,501 $27,440 $109,061
2021 $442 $44,448 $0 $0
2020 $378 $88,420 $18,130 $70,290
2019 $360 $74,511 $17,640 $56,871
2018 $329 $65,331 $16,660 $48,671
2017 $322 $40,743 $15,680 $25,063
2016 $318 $39,905 $17,430 $22,475
2015 $315 $39,628 $23,380 $16,248
2014 $318 $39,313 $23,198 $16,115
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 828351

REALTORS® Association of Citrus County

APN: 20E-19S-11-0020-00040-0230