NOT LISTED FOR SALE

1109 S Dream Terrace Inverness, FL 34450

Estimated Value: $249,033 - $269,000

2 Beds
1.5 Baths
1,276 Sq Ft
$205/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $230,000 $180 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,710/month

1 Day on Market

Highlights

  • Boathouse
  • Docks
  • Room in yard for a pool
  • Lake Front
  • Open Floorplan
  • Deck

About This Home

As of February 2022

Freshly painted inside and out, this LAKEFRONT COTTAGE couldn’t be more adorable. With brand new tile floors throughout, a 4 yr old roof, and stunning waterfront location, you’d better hurry to catch this one! It sits on a third of an acre, with a deck to watch the sunrise, and a dock to watch it set. The glassed in porch has an antique, functional wood burning stove that you’ve got to see to believe. This room acts as a game and craft room, or office with a view. Bonuses:New electric panel is scheduled for replacement, 5 new ceiling fans, newer kitchen, new fridge, septic pumped 2021. Seller is leaving most of the antiques currently in the home for buyer.

Last Agent to Sell the Property

Jen Munn

ERA American Suncoast Realty License #3230477 Listed on: 01/28/2022

Last Buyer's Agent

Katie Hensley

Sellstate Next Generation Real License #3407839

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $554

Year Built

  • Built in 1962

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 110x118
  • Lake Front
  • Property fronts a county road
  • West Facing Home
  • Partially Fenced Property
  • Property is zoned CLR

Home Design

  • Flat Roof Shape
  • Block Foundation
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,276 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Wood Burning Fireplace
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Stove
  • Microwave
  • Laminate Countertops
  • Solid Wood Cabinet

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Detached Carport Space
  • Parking Pad
  • Unpaved Driveway
  • Unpaved Parking

Outdoor Features

  • Room in yard for a pool
  • Boathouse
  • Docks
  • Deck
  • Wood Patio
  • Exterior Lighting
  • Shed

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Water Softener is Owned
  • Septic Tank

Community Details

  • No Home Owners Association
  • Hickory Hill Retreats Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$554

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Architectural Style: One Story
  • Carport Y N: Yes
  • Directions: From 44 E Gulf to Lake Hwy/ Gospel Island Road traffic light, go West on 44 to Right ( North) on Elmwood. Turn Right on Dream Terrace. Home on Right.
  • Water Frontage Type: Lakefront, Waterfront
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 0.31
  • Lot Size: 110x118
  • New Construction: No
  • 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
  • Building Stories: 1
  • Subdivision Name: Hickory Hill Retreats
  • Year Built: 1962
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Oven, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl
  • Furnished: Furnished
  • Interior Amenities: Eat-in Kitchen, Furnished, Fireplace, Laminate Counters, Open Floorplan, Wood Cabinets, First Floor Entry
  • Living Area: 1276.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Stucco
  • Direction Faces: West
  • Exterior Features: Deck, Lighting, Room For Pool, Unpaved Driveway
  • Fencing: Partial
  • Foundation Details: Block, Slab
  • Lot Features: Multiple lots
  • Other Structures: Shed(s), Boat House
  • Patio And Porch Features: Deck, Wood
  • Pool Features: None
  • Roof: Flat
  • View: Lake
  • View: Yes
  • Waterfront Features: Boat Dock/Slip, Lake Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Detached Carport, Driveway, Parking Pad, Unpaved, Carport
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump, Stove
  • Heating Yn: Yes
  • Laundry Features: Laundry - Living Area
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 13554.0
  • Zoning: CLR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 554.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Feb 24, 2022
Sold by
Beverly Clay
Bought by
Smith Gary Merrill and Smith Elena Tarantino
Seller's Agent
Jen Munn
ERA American Suncoast Realty
Buyer's Agent
Katie Hensley
Sellstate Next Generation Real
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$271,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,148
Avg. Annual Appreciation
4.92%

Purchase Details

Closed on
Jun 1, 1988
Bought by
Clay Beverly and Clay Beverly

Purchase Details

Closed on
Mar 1, 1987
Bought by
Clay Beverly and Clay Beverly

Purchase Details

Closed on
Nov 1, 1984
Bought by
Clay Beverly and Clay Beverly

Purchase Details

Closed on
Jul 1, 1984
Bought by
Clay Beverly and Clay Beverly

Purchase Details

Closed on
Dec 1, 1983
Bought by
Clay Beverly and Clay Beverly
Source: Public Records

Range of Values:

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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
Smith Gary Merrill $230,000 Fidelity National Title
Clay Beverly $40,000 --
Clay Beverly $36,000 --
Clay Beverly $33,000 --
Clay Beverly $29,000 --
Clay Beverly $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clay Robert P $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $230,000 0.0% $180 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $230,000 -- $180 / 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 $2,698 $185,072 $46,200 $138,872
2023 $2,698 $169,167 $46,200 $122,967
2022 $566 $58,588 $0 $0
2021 $554 $56,882 $0 $0
2020 $496 $88,901 $18,130 $70,771
2019 $495 $74,374 $17,640 $56,734
2018 $473 $65,133 $16,660 $48,473
2017 $486 $53,292 $15,680 $37,612
2016 $495 $52,196 $17,430 $34,766
2015 $510 $51,833 $23,380 $28,453
2014 $510 $51,422 $24,867 $26,555
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jen Munn

    ERA American Suncoast Realty

    (352) 726-5855

    17 in this area

    79 Total Sales

    Section Image
  • Katie Hensley

    Buyer's Agent in 2022

    Katie Hensley

    Sellstate Next Generation Real

    (352) 613-0769

    38 in this area

    168 Total Sales

    Section Image
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Map

Source: REALTORS® Association of Citrus County

MLS Number: 809438

REALTORS® Association of Citrus County

APN: 20E-19S-11-0020-00040-0212

Florida Citrus County Inverness 34450

1109 S Dream Terrace, Inverness, FL

This home is located at 1109 S Dream Terrace, Inverness, FL 34450 since 28 January 2022 and is currently estimated at $261,008, approximately $204 per square foot. This property was built in 1962. 1109 S Dream Terrace is a home located in Citrus County with nearby schools including Inverness Primary School, Inverness Middle School, and Citrus High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTORS® Association of Citrus County IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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