NOT LISTED FOR SALE

406 Lilac Ln Inverness, FL 34452

Estimated Value: $245,000 - $260,000

3 Beds
2 Baths
1,480 Sq Ft
$169/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $255,000 $172 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,383/month

161 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Tray Ceiling
  • Cathedral Ceiling
  • 2 Car Attached Garage
  • Double Pane Windows

About This Home

As of May 2024

Nice neighborhood in Inverness Highlands. This 3/2 split plan home has multiple sliders opening to lanai area from living and dining area for great entertaining. Main bedroom features a tray ceiling with room for king bedding.
The main bath has an adjoining walk-in closet for your convenience.
The kitchen appliances (refrigerator stove dishwasher) were updated in 2024.
The roof was replaced in 2019 and central air in 2023.The exterior of the home was painted in 2023.
Also, new carpet and interior paint in 2023. Even Lilac Lane has been recently paved for your smooth riding!
You'll be located within minutes of downtown Inverness, city parks and Withlacoochee Trail for your recreational time!
Also, your conveniently located to Highways 41 and 44.
One or more photos have been digitally edited.

Last Agent to Sell the Property

Terry Blanco

The Way Realty Group License #3252509 Listed on: 11/15/2023

Last Buyer's Agent

Ocala Marion Member

Ocala Marion County Association Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $649

Year Built

  • Built in 1997

Lot Details

  • 9,600 Sq Ft Lot
  • Lot Dimensions are 80x120
  • Property fronts a county road
  • South Facing Home
  • Landscaped
  • Irregular Lot
  • Property is zoned MDR

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,480 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Tray Ceiling
  • Cathedral Ceiling
  • Double Pane Windows
  • Blinds
  • Sliding Doors

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Inverness Highlands South Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$649

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: One Story
  • Carport Y N: No
  • Directions: West on HYW 44 to right South Apopka to right on Lilac Ln.
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.22
  • Lot Size: 80x120
  • 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: Inverness Highlands South
  • Year Built: 1997
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Tray Ceiling(s), Cathedral Ceiling(s), Laminate Counters, Primary Suite, Open Floorplan, Pantry, Shower Only, Separate Shower, Walk-In Closet(s), Sliding Glass Door(s)
  • Living Area: 1480.0
  • Window Features: Blinds, Double Pane Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Stucco
  • Direction Faces: South
  • Exterior Features: Landscaping, Concrete Driveway
  • Foundation Details: Block
  • Lot Features: Irregular Lot
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

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
  • 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

  • Lot Size Sq Ft: 9600.0
  • Zoning: MDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 649.17
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
May 28, 2024
Sold by
Garcia Nelson and Garcia Maria Isabel
Bought by
Delmenico Kelly and Delmenico Andrew
Seller's Agent
Terry Blanco
The Way Realty Group
Buyer's Agent
Ocala Marion Member
Ocala Marion County Association Member
List Price
$275,000
Sold Price
$255,000
Premium/Discount to List
-$20,000
-7.27%
Views
97
Current Estimated Value
$250,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,476
Avg. Annual Appreciation
-1.30%
Original Mortgage
$8,925
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2023
Sold by
Garcia Nelson
Bought by
Garcia Maria Isabel

Purchase Details

Closed on
Jul 12, 2005
Sold by
Humbaugh Kit L and Humbaugh William R
Bought by
Garcia Nelson and Garcia Anita

Purchase Details

Closed on
Nov 1, 1997
Bought by
Garcia Nelson and Garcia Anita

Purchase Details

Closed on
Oct 1, 1991
Bought by
Garcia Nelson and Garcia Anita

Purchase Details

Closed on
Sep 1, 1991
Bought by
Garcia Nelson and Garcia Anita
Source: Public Records

Range of Values:

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Average Value
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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
Delmenico Kelly $255,000 First International Title
Garcia Maria Isabel $100 None Listed On Document
Garcia Nelson $145,000 Fidelity Title Services Llc
Garcia Nelson $86,600 --
Garcia Nelson $100 --
Garcia Nelson $5,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Delmenico Kelly $8,925
Open Delmenico Kelly $250,381
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2024 05/28/24 Sold $255,000 -3.8% $172 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/10/2024 04/10/24 Price Changed $265,000 -3.6% $179 / Sq Ft
12/16/2023 12/16/23 Price Changed $275,000 0.0% $186 / Sq Ft
12/16/2023 12/16/23 For Sale $275,000 +7.8% $186 / Sq Ft
11/17/2023 11/17/23 Off Market $255,000 -- --
11/15/2023 11/15/23 For Sale $290,000 -- $196 / 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 $696 $76,803 -- --
2023 $673 $74,566 $0 $0
2022 $649 $72,394 $0 $0
2021 $639 $70,285 $0 $0
2020 $582 $108,396 $3,520 $104,876
2019 $581 $112,002 $3,520 $108,482
2018 $561 $95,408 $3,200 $92,208
2017 $564 $65,126 $2,840 $62,286
2016 $575 $63,786 $2,580 $61,206
2015 $581 $63,343 $2,310 $61,033
2014 $594 $62,840 $3,945 $58,895
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 828765

REALTORS® Association of Citrus County

APN: 20E-19S-21-0020-02650-0700