507 Lake St Inverness, FL 34450
Estimated payment $1,223/month
Highlights
- Lake View
- Deck
- Solid Surface Countertops
- Waterfront
- Corner Lot
- No HOA
About This Home
A piece of history! This Charming 3 bedroom 1 bath home is located in the heart of Inverness. A peaceful spot in paradise with a view of the lake from the comfortable spacious front porch. With cherry wood ceilings through the main part of the home, it has a cozy feeling from the minute one walks in the door. Beautiful kitchen with an abundance of storage and 2 pantry closets. This home also offers a large sunroom that can be easily climate controlled or opened up for that off the water breeze. **Exterior of home is scheduled to be painted by mid Nov. 2025.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,699
Year Built
- Built in 1950
Lot Details
- 3,920 Sq Ft Lot
- Waterfront
- Corner Lot
- Rectangular Lot
- Property is zoned LMD
Parking
- Driveway
Home Design
- Block Foundation
- Shingle Roof
- Asphalt Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 816 Sq Ft Home
- 1-Story Property
- Blinds
- Lake Views
- Fire and Smoke Detector
- Laundry in unit
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Range
- Solid Surface Countertops
Flooring
- Carpet
- Laminate
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Accessible Home Design
- Handicap Accessible
Outdoor Features
- Deck
- Wood Patio
- Exterior Lighting
Schools
- Inverness Primary Elementary School
- Inverness Middle School
- Citrus High School
Utilities
- Central Air
- Heating System Uses Propane
Community Details
Overview
- No Home Owners Association
- City Of Inverness Subdivision
Amenities
- Shops
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,494 | $83,595 | $10,000 | $73,595 |
| 2023 | $1,494 | $59,225 | $0 | $0 |
| 2022 | $1,276 | $74,297 | $7,500 | $66,797 |
| 2021 | $1,075 | $52,872 | $7,180 | $45,692 |
| 2020 | $973 | $44,890 | $7,180 | $37,710 |
| 2019 | $937 | $45,940 | $10,770 | $35,170 |
| 2018 | $864 | $41,400 | $10,770 | $30,630 |
| 2017 | $764 | $33,431 | $10,770 | $22,661 |
| 2016 | $725 | $31,655 | $10,770 | $20,885 |
| 2015 | $656 | $28,694 | $10,800 | $17,894 |
| 2014 | $694 | $29,000 | $10,379 | $18,621 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2025 10/15/25 | For Sale | $205,000 | -- | $251 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney | |
| Special Warranty Deed | $16,200 | Attorney | |
| Trustee Deed | -- | None Available | |
| Deed | $100 | -- | |
| Deed | $29,000 | -- | |
| Deed | $100 | -- | |
| Deed | $24,700 | -- | |
| Deed | $32,500 | -- | |
| Deed | $21,000 | -- |
Source: REALTORS® Association of Citrus County
MLS Number: 849102
APN: 20E-19S-17-0020-00150-0220
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