$263,500
SOLD OCT 22, 2025

1131 N Sabal Palm Way Inverness, FL 34453

3 Beds
2 Baths
1,914 Sq Ft
0.35 Acres

Recently Sold

$138 Per Sq Ft

8% Below List Price

71 Days on Market

Highlights

  • Cathedral Ceiling
  • Cul-De-Sac
  • Walk-In Closet
  • No HOA
  • 2 Car Attached Garage
  • Breakfast Bar

About This Home

As of October 2025

This home is located on the end of the cul-de-sac. 3 bedrooms (each with a walk-in closet) 2 baths. Formal living and family room with cathedral ceiling and stone fireplace. Fully equipped kitchen with adjoining laundry room. Oversized garage with workshop area. Roof has been replaced recently. New carpet.

Last Agent to Sell the Property

Mark Timmer

Coldwell Banker Investors Realty License #3323860 Listed on: 07/23/2025

Coldwell Banker Investors Realty

Last Buyer's Agent

Natalia Salminen

Keller Williams Realty - Elite Partners II License #3482212

Keller Williams Realty - Elite Partners II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,367

Year Built

  • Built in 1987

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 113x137x114x120
  • Property fronts a county road
  • Cul-De-Sac
  • Property is zoned CLR

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,914 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Blinds
  • Carpet

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry Tub

Schools

  • Hernando Elementary School
  • Inverness Middle School
  • Citrus High School

Utilities

  • Central Air
  • Septic Tank

Community Details

  • No Home Owners Association
  • Connell Lake Estates Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,367

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: One Story
  • Carport Y N: No
  • Directions: Hwy 41 North to right at Connell Lake Estates, left on Sabal Palm Way all the way to the end. Last home on the right on the cul-de-sac.
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.35
  • Lot Size: 113x137x114x120
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Building Stories: 1
  • Subdivision Name: Connell Lake Estates
  • Year Built: 1987
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Microwave Hood Fan, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Dual Sinks, Fireplace, Primary Suite, Shower Only, Separate Shower, Walk-In Closet(s), Window Treatments
  • Living Area: 1914.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Disclosures: Owner Is Listing Agent
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block
  • Lot Features: Cul-De-Sac
  • 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
  • Laundry Features: Laundry - Living Area, Laundry Tub
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 15390.0
  • Zoning: CLR

Tax Info

  • Tax Annual Amount: 3367.3
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2025
Closed on
Oct 22, 2025
Sold by
Timmer Mark and Timmer Tressa
Bought by
Petrow Michael Edward
Seller's Agent
Mark Timmer
Coldwell Banker Investors Realty
Buyer's Agent
Natalia Salminen
Keller Williams Realty - Elite Partners II
List Price
$285,000
Sold Price
$263,500
Premium/Discount to List
-$21,500
-7.54%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.71%

Purchase Details

Listed on
Apr 5, 2011
Closed on
Feb 17, 2012
Sold by
Sandlin I B and Sandlin Ishmael B
Bought by
Timmer Mark and Timmer Tressa
Seller's Agent
Karen Morton
Century 21 J.W.Morton R.E.
Buyer's Agent
Dawn Theroux
ERA American Suncoast Realty
List Price
$169,900
Sold Price
$117,500
Premium/Discount to List
-$52,400
-30.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$88,125
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2009
Sold by
Sandlin Althea F
Bought by
Sandlin I B

Purchase Details

Closed on
Jun 1, 2009
Bought by
Timmer Mark and Timmer Tressa

Purchase Details

Closed on
Jun 1, 1986
Bought by
Timmer Mark and Timmer Tressa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $263,500 First International Title
Warranty Deed $117,500 Stewart Title Company
Interfamily Deed Transfer -- Attorney
Deed $100 --
Deed $19,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $88,125 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2025 10/22/25 Sold $263,500 -4.2% $138 / Sq Ft
10/02/2025 10/02/25 Pending -- -- --
09/02/2025 09/02/25 Price Changed $275,000 -3.5% $144 / Sq Ft
07/23/2025 07/23/25 For Sale $285,000 +142.6% $149 / Sq Ft
02/27/2012 02/27/12 Sold $117,500 -30.8% $61 / Sq Ft View Prior Sale
01/28/2012 01/28/12 Pending -- -- --
04/05/2011 04/05/11 For Sale $169,900 -- $89 / 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
2025 $3,367 $232,362 $44,000 $188,362
2024 $3,221 $239,551 $44,000 $195,551
2023 $3,221 $238,899 $44,000 $194,899
2022 $2,721 $192,866 $19,000 $173,866
2021 $2,411 $165,100 $19,000 $146,100
2020 $2,203 $153,220 $19,000 $134,220
2019 $1,992 $131,233 $19,000 $112,233
2018 $1,804 $114,381 $19,000 $95,381
2017 $1,834 $115,835 $39,910 $75,925
2016 $1,715 $102,033 $39,910 $62,123
2015 $1,772 $103,237 $39,910 $63,327
2014 $1,851 $104,330 $38,942 $65,388
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 846626

REALTORS® Association of Citrus County

APN: 19E-18S-36-0050-00000-0210