NOT LISTED FOR SALE

115 E Vine St Inverness, FL 34450

Estimated Value: $933,000 - $1,586,865

5 Beds
5.5 Baths
5,000 Sq Ft
$251/Sq Ft Est. Value

Sale Details

Date Sold: August 15, 2019

Last sale price $900,000 $180 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,235 / mo

315 Days on Market

Highlights

  • Lake Front
  • Updated Kitchen
  • Lake Privileges
  • In Ground Pool
  • 2.62 Acre Lot
  • Vaulted Ceiling

About This Home

As of August 2019

Designated a Historical structure by City of Inverness, this magnificent waterfront estate, built in 1926 by noted engineer Jules Breuchaud, is currently offered for sale. Recent remodel/addition is now complete with a massive 2 story Master suite, patio area and oversize swimming pool. Attachments to listing include a letter from Building Dept. on permitted uses, to include a Bed & Breakfast. Also on attachment are room dimensions. Property includes a two story carriage house with apartment upstairs (original) and garage/carport below. Property is zoned RU3 which permits additional residential units for development, 10 per acre, subject to setbacks, engineering, and conforming uses. Main house could be used for a B & B, and special event location such as weddings. Premier location on Lake Henderson would be very attractive for further residential development, such as Townhomes/Villas.

Last Agent to Sell the Property

Brad Gibbs

Coldwell Banker Investors Realty License #3181054 Listed on: 09/04/2018

Coldwell Banker Investors Realty

Last Buyer's Agent

Leslie Landham

RE/MAX Foxfire - HWY 40 License #3051647

RE/MAX Foxfire - HWY 40

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,362

Year Built

  • Built in 1926

Lot Details

  • 2.62 Acre Lot
  • Lot Dimensions are 332x500
  • Lake Front
  • Home fronts a seawall
  • Property fronts a county road
  • South Facing Home
  • Fenced Yard
  • Landscaped
  • Property is zoned LMD

Parking

  • 4 Car Detached Garage
  • Detached Carport Space
  • Parking Pad
  • Circular Driveway
  • Parking Garage Space

Home Design

  • Mediterranean Architecture
  • Block Foundation
  • Slab Foundation
  • Tile Roof
  • Ridge Vents on the Roof
  • Stucco

Interior Spaces

  • 5,000 Sq Ft Home
  • Multi-Level Property
  • Elevator
  • Wet Bar
  • Bookcases
  • Bar Fridge
  • Beamed Ceilings
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Casement Windows
  • Lake Views
  • Fire and Smoke Detector
  • Laundry in unit

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Outdoor Features

  • In Ground Pool
  • Lake Privileges
  • Exterior Lighting
  • Office or Studio
  • Separate Outdoor Workshop
  • Shed

Schools

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

Utilities

  • Central Heating
  • Programmable Thermostat
  • Water Heater

Community Details

Overview

  • No Home Owners Association
  • Town Of Inverness Subdivision

Amenities

  • Shops
  • Laundry Facilities

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,362

Year Built

Built in 1926

Lot Details

2.62 Acres

Parking

4

Listing Details

  • Architectural Style: Mediterranean, Multi-Level
  • Carport Y N: Yes
  • Directions: Hwy 44 to N. Apopka, N to right on Vine to gate on left.
  • Water Frontage Type: Lakefront, Waterfront
  • Garage Yn: Yes
  • Lot Size Acres: 2.62
  • Lot Size: 332x500
  • 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
  • Subdivision Name: Town of Inverness
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Appliances: Bar Fridge, Double Oven, Gas Cooktop, Disposal, Refrigerator, Range Hood, Water Heater
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Concrete, Ceramic Tile
  • Interior Amenities: Beamed Ceilings, Wet Bar, Bookcases, Eat-in Kitchen, Elevator, Fireplace, High Ceilings, In-Law Floorplan, Pantry, Stone Counters, Updated Kitchen, Vaulted Ceiling(s), Walk-In Closet(s), Wood Cabinets, First Floor Entry, Programmable Thermostat
  • Living Area: 5000.0
  • Spa Features: Community
  • Window Features: Casement Window(s)

Exterior Features

  • Construction Type: Stucco
  • Direction Faces: South
  • Exterior Features: Landscaping, Lighting, Blacktop Driveway, Circular Driveway
  • Fencing: Yard Fenced
  • Foundation Details: Block, Slab
  • Lot Features: Acreage
  • Other Structures: Garage(s), Shed(s), Storage, Studio/Office, Workshop
  • Pool Features: In Ground, Pool
  • Roof: Tile, Ridge Vents
  • View: Lake, Water
  • View: Yes
  • Waterfront Features: Lake Privileges, Seawall, Lake Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Circular Driveway, Detached Carport, Driveway, Detached, Garage, Parking Pad, Carport
  • Total Parking Spaces: 5.0

Utilities

  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: In Unit
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Laundry Facilities, Shopping

Schools

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

Lot Info

  • Zoning: LMD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17362.0
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Aug 12, 2019
Sold by
Bought by
Seller's Agent
Brad Gibbs
Coldwell Banker Investors Realty
Buyer's Agent
Leslie Landham
RE/MAX Foxfire - HWY 40
List Price
$1,450,000
Sold Price
$900,000
Premium/Discount to List
-$550,000
-37.93%
Current Estimated Value
$1,256,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,955
Avg. Annual Appreciation
5.01%
Original Mortgage
$809,910
Outstanding Balance
$706,245
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$550,710

Purchase Details

Closed on
Apr 8, 2005
Sold by
Bought by

Purchase Details

Closed on
Nov 21, 2003
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$900,000 Fidelity Title Services Llc
$1,050,000 Land Title Insurance Of Citr
$280,000 American Title Services Of C
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $809,910
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/15/2019 08/15/19 Sold $900,000 -37.9% $180 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
09/04/2018 09/04/18 For Sale $1,450,000 -- $290 / Sq Ft
Source: REALTORS® Association of Citrus County

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $17,107 $848,488 -- --
2024 $16,766 $824,575 -- --
2023 $16,766 $800,558 $0 $0
2022 $15,852 $777,241 $0 $0
2021 $15,292 $754,603 $0 $0
2020 $15,296 $744,184 $156,110 $588,074
2019 $17,334 $776,303 $156,110 $620,193
2018 $16,732 $736,774 $156,110 $580,664
2017 $17,363 $759,676 $156,110 $603,566
2016 $16,244 $708,011 $289,420 $418,591
2015 $17,313 $764,932 $289,440 $475,492
2014 $16,409 $685,900 $292,630 $393,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 776544

REALTORS® Association of Citrus County

APN: 20E-19S-17-0050-01340-0010

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