NOT LISTED FOR SALE

1880 S Mandarin Terrace Inverness, FL 34450

Estimated Value: $382,000 - $420,676

2 Beds
2 Baths
1,181 Sq Ft
$341/Sq Ft Est. Value

Last Sold January 31, 2025

Last sale price $410,000 $347 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,344/month

10 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Central Heating and Cooling System
  • Waterfront
  • 2 Car Attached Garage
  • Power Generator

About This Home

As of January 2025

Waterfront pool home in Inverness! A Snowbird’s dream! 2 bedroom 2 bathroom home with an updated kitchen featuring granite tops, soft close doors/drawers, and stainless appliances. Brand new tile flooring throughout, new interior paint, and new epoxy floors in the garage! Spacious living room opens to bonus area off the rear of the home and opens into the huge outdoor living space! Outside you will find the completely screened inground pool, a paver deck, and a built-in bar will be the perfect area for entertaining. Covered boat dock with lift and updates made to the dock in 2024 include composite decking. Property also features a 12x20 enclosed workshop on a concrete slab and a whole house generator! Waterfront living at its finest, close to the bike trail, and everything downtown Inverness has to offer!

Last Agent to Sell the Property

Jennifer Feeser

Century 21 J.W.Morton R.E. License #3560346 Listed on: 12/28/2024

Century 21 J.W.Morton R.E.

Last Buyer's Agent

Palm Beach Member

Palm Beach Board of Realtors Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,455

Year Built

  • Built in 1962

Lot Details

  • 0.3 Acre Lot
  • Waterfront
  • Property fronts a county road
  • Rectangular Lot
  • Property is zoned CL

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,181 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Screen Enclosure

Schools

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

Utilities

  • Central Heating and Cooling System
  • Power Generator
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lake Tsala Gardens Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,455

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: One Story
  • Carport Y N: No
  • Directions: From Downtown Inverness: Take 44E towards Wildwood, Turn Right onto Cove Walk, Right onto Mooring, Left onto Kite, Left onto Shore, Left onto Mandarin Terrace
  • Water Frontage Type: Waterfront
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.3
  • 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: Lake Tsala Gardens
  • Year Built: 1962
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Oven, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1181.0
  • Other Equipment: Generator
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block, Slab
  • Lot Features: Rectangular
  • Pool Features: Concrete, In Ground, Pool, Screen Enclosure
  • Roof: Asphalt, Shingle
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • 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

  • Lot Size Sq Ft: 12950.0
  • Zoning: CL
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1454.96
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2024
Closed on
Jan 27, 2025
Sold by
Pangborn Jeffrey Lynn and Pangborn Carolyn Penney
Bought by
Vanhousen Todd W and Vanhousen Carlene
Seller's Agent
Jennifer Feeser
Century 21 J.W.Morton R.E.
Buyer's Agent
Palm Beach Member
Palm Beach Board of Realtors Member
List Price
$430,000
Sold Price
$410,000
Premium/Discount to List
-$20,000
-4.65%
Views
27
Current Estimated Value
$402,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,581
Avg. Annual Appreciation
-3.40%

Purchase Details

Listed on
Feb 10, 2024
Closed on
Apr 26, 2024
Sold by
Hoffman David
Bought by
Pangborn Jeffrey Lynn and Pangborn Carolyn Penney
Seller's Agent
Ryan Hazelton
Century 21 J.W.Morton R.E.
Buyer's Agent
Jennifer Feeser
Century 21 J.W.Morton R.E.
List Price
$385,000
Sold Price
$380,000
Premium/Discount to List
-$5,000
-1.3%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%

Purchase Details

Listed on
Mar 18, 2015
Closed on
Jun 12, 2015
Sold by
Baker James Eugene
Bought by
Hoffman David and Hoffman Cynthia
Seller's Agent
Rob Tessmer, Jr
Coldwell Banker Investors Realty
Buyer's Agent
Cinda Ruiz
Coldwell Banker Investors Realty
List Price
$164,900
Sold Price
$150,000
Premium/Discount to List
-$14,900
-9.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.02%

Purchase Details

Closed on
Dec 1, 2009
Bought by
Hoffman David and Hoffman Cynthia

Purchase Details

Closed on
Sep 1, 1987
Bought by
Hoffman David and Hoffman Cynthia

Purchase Details

Closed on
Apr 1, 1982
Bought by
Hoffman David and Hoffman Cynthia

Purchase Details

Closed on
Jul 1, 1978
Bought by
Hoffman David and Hoffman Cynthia

Purchase Details

Closed on
Oct 1, 1976
Bought by
Hoffman David and Hoffman Cynthia
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vanhousen Todd W $410,000 American Title Services
Vanhousen Todd W $410,000 American Title Services
Pangborn Jeffrey Lynn $380,000 First National Title
Hoffman David $150,000 First Intl Title Inc
Hoffman David $100 --
Hoffman David $65,000 --
Hoffman David $31,500 --
Hoffman David $41,000 --
Hoffman David $37,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $410,000 -4.7% $347 / Sq Ft
01/07/2025 01/07/25 Pending -- -- --
12/28/2024 12/28/24 For Sale $430,000 +13.2% $364 / Sq Ft
04/30/2024 04/30/24 Sold $380,000 -1.3% $250 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
02/10/2024 02/10/24 For Sale $385,000 +156.7% $254 / Sq Ft
06/12/2015 06/12/15 Sold $150,000 -9.0% $127 / Sq Ft
05/13/2015 05/13/15 Pending -- -- --
03/12/2015 03/12/15 For Sale $164,900 -- $140 / 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 $1,455 $137,819 -- --
2023 $1,455 $127,067 $0 $0
2022 $1,361 $123,366 $0 $0
2021 $1,305 $119,773 $0 $0
2020 $1,242 $152,837 $22,550 $130,287
2019 $1,222 $141,495 $22,550 $118,945
2018 $1,171 $111,895 $19,190 $92,705
2017 $1,740 $107,715 $19,190 $88,525
2016 $1,665 $98,929 $19,190 $79,739
2015 $734 $79,199 $24,860 $54,339
2014 -- $78,570 $26,732 $51,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 840132

REALTORS® Association of Citrus County

APN: 20E-19S-16-0010-000G0-0100