NOT LISTED FOR SALE

1571 N Branding Iron Way Inverness, FL 34453

Hernando Neighborhood

Estimated Value: $397,000 - $527,000

3 Beds
2 Baths
1,557 Sq Ft
$290/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $508,500 $327 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,822/month

36 Days on Market

Highlights

  • Primary Bedroom Suite
  • Room in yard for a pool
  • Ranch Style House
  • 14.26 Acre Lot
  • Wooded Lot
  • Solid Surface Countertops

About This Home

As of May 2023

BAM!! Stop the search here! Remodeled 3/2/2 on a little over 14 acres is ready for you! Recent remodel includes NEW roof, NEW kitchen and bathrooms, NEW electrical panel, NEW AC, NEW fixtures, NEW appliances, NEW interior/exterior paint, NEW flooring, NEW windows/doors and so much more!! 14 acres is ready for cattle, horses or any toys you might have!! This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

David Ivory

RE/MAX Realty One License #3109873 Listed on: 02/23/2023

RE/MAX Realty One

Last Buyer's Agent

John Maisel

Active Agent Realty LLC License #3347003

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,452

Year Built

  • Built in 1971

Lot Details

  • 14.26 Acre Lot
  • Partially Fenced Property
  • Landscaped
  • Level Lot
  • Wooded Lot
  • Property is zoned LDRMH

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Unpaved Driveway
  • Unpaved Parking

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,557 Sq Ft Home
  • Double Pane Windows
  • Luxury Vinyl Plank Tile Flooring
  • Laundry in Garage

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Heater
  • Septic Tank

Additional Features

  • Room in yard for a pool
  • Pasture

Community Details

  • No Home Owners Association
  • Hercala Acres Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,452

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Ranch
  • Carport Y N: No
  • Directions: Hwy 41 to David St (David St jogs to the right and then immediate left) David St turns into Manada Hill Dr to left on Cart Ln, Cart Ln turns into Branding Iron Way. See For Sale sign and proceed through green gate. Stay to the right to arrive at house.
  • Garage Yn: Yes
  • Lot Size Acres: 14.26
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Unimproved
  • Subdivision Name: Hercala Acres
  • Year Built: 1971
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave Hood Fan, Microwave, Oven, Range, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Luxury Vinyl Plank
  • Interior Amenities: Breakfast Bar, Dual Sinks, Master Suite, Split Bedrooms, Shower Only, Solid Surface Counters, Separate Shower, First Floor Entry
  • Living Area: 1557.0
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Landscaping, Concrete Driveway, Room For Pool, Unpaved Driveway
  • Fencing: Partial
  • Foundation Details: Block
  • Lot Features: Acreage, Flat, Pasture, Wooded
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Unpaved, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: In Garage
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 621141.0
  • Zoning: LDRMH
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4452.33
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
May 9, 2023
Sold by
Federal National Mortgage Association
Bought by
Lakwet Llc
Seller's Agent
David Ivory
RE/MAX Realty One
Buyer's Agent
John Maisel
Active Agent Realty LLC
List Price
$586,000
Sold Price
$508,500
Premium/Discount to List
-$77,500
-13.23%
Views
6
Current Estimated Value
$451,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,035
Avg. Annual Appreciation
-4.01%

Purchase Details

Closed on
Mar 8, 2005
Sold by
Cremeans Carmilla J and Wheatley Carmilla J
Bought by
Halverson Jason A and Halverson Jessica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1982
Bought by
Halverson Jessica R
Source: Public Records

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Range of Values:

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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
Lakwet Llc $508,500 Priority Title & Escrow
Halverson Jason A $275,000 Dba Crystal River Title
Halverson Jessica R $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Halverson Jason A $217,000
Previous Owner Halverson Jason A $180,000
Previous Owner Halverson Jason A $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $508,500 -13.2% $327 / Sq Ft
04/01/2023 04/01/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $586,000 -- $376 / 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 $5,113 $324,353 $78,480 $245,873
2023 $5,113 $307,630 $0 $0
2022 $4,452 $279,664 $78,480 $201,184
2021 $4,494 $285,757 $78,480 $207,277
2020 $4,185 $266,518 $78,480 $188,038
2019 $4,010 $250,865 $71,550 $179,315
2018 $3,683 $228,500 $71,550 $156,950
2017 $3,550 $215,931 $71,550 $144,381
2014 $3,456 $189,940 $73,071 $116,869
Source: Public Records

Agents Affiliated with this Home

  • David Ivory

    Seller's Agent in 2023

    David Ivory

    RE/MAX

    (352) 613-4460

    5 in this area

    117 Total Sales

    David Ivory
    Section Image
  • John Maisel

    Buyer's Agent in 2023

    John Maisel

    Active Agent Realty LLC

    (352) 302-5351

    17 in this area

    123 Total Sales

    John Maisel
    Section Image
See All Agents

Map

Source: REALTORS® Association of Citrus County

MLS Number: 821700

REALTORS® Association of Citrus County

APN: 19E-18S-35-0000-14100

Florida Citrus County Inverness 34453 Hernando

1571 N Branding Iron Way, Inverness, FL

This home is located at 1571 N Branding Iron Way, Inverness, FL 34453 since 23 February 2023 and is currently estimated at $451,465, approximately $289 per square foot. This property was built in 1971. 1571 N Branding Iron Way is a home located in Citrus County with nearby schools including Hernando Elementary 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.

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