NOT LISTED FOR SALE

507 Las Palmas Point Inverness, FL 34450

Estimated Value: $311,763 - $368,000

3 Beds
2 Baths
1,720 Sq Ft
$197/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $324,000 $188 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,335/month

22 Days on Market

Highlights

  • Docks
  • Waterfront
  • Vaulted Ceiling
  • Primary Bedroom Suite
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of August 2023

This move-in ready 3 bedroom 2 bath home in the Landings at Inverness, a premier lakefront community, features 9 foot plus high ceilings, rounded corners, tile roof, wood cabinetry with slide out drawers, electric fireplace, a large 2 car garage with a 10.5' x 8' cutout in the back, an interior laundry room with tub sink, was built in 2006 and is many years newer than most in the community and has updates not found in most homes there. This HOA community has a $115 monthly fee which includes mowing, trimming, and irrigation, so leaving for the summer or the week will never be an issue. The community also has a private dock on the beautiful lakefront shore and is just a quarter of a mile from downtown Inverness and the new community center and famous walking/biking trails.

Last Agent to Sell the Property

James Martin

Discount Realty Florida, LLC License #3010954 Listed on: 07/05/2023

Last Buyer's Agent

Chris Marcic

Sellstate Next Generation Real License #3423961

Sellstate Next Generation Real

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 8,276 Sq Ft Lot
  • Waterfront
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned R1

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 1,720 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Blinds
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Secondary Bathroom Jetted Tub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Laundry Tub

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Water Access
  • Docks

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Programmable Thermostat
  • Underground Utilities
  • Water Heater
  • High Speed Internet

Community Details

  • Association fees include insurance, legal/accounting, ground maintenance, reserve fund, street lights, sprinkler
  • Landings At Inverness HOA, Phone Number (352) 465-6933
  • Landings At Inverness Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$130 per month

Parking

2

Listing Details

  • Architectural Style: Contemporary, One Story
  • Carport Y N: No
  • Directions: From Downtown, take N Apopka Avenue north past the new community center to E Vine St. and take a right then take a right into the community on San Remo Road (less than 1000 feet). Take the first left onto San Remo circle then an immediate right on Las Palmas Point and home is at end of the street.
  • Water Frontage Type: Waterfront
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.19
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Building Stories: 1
  • Subdivision Name: Landings at Inverness
  • Year Built: 2006
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Breakfast Bar, Bathtub, Dual Sinks, Fireplace, Handicap Access, High Ceilings, Jetted Tub, Laminate Counters, Main Level Master, Master Suite, Pantry, Separate Shower, Tub Shower, Vaulted Ceiling(s), Walk-In Closet(s), Wood Cabinets, Programmable Thermostat
  • Living Area: 1720.0
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block, Slab
  • Lot Features: Cleared, Cul-De-Sac, Flat, Trees
  • Pool Features: None
  • Roof: Tile, Ridge Vents
  • Waterfront Features: Boat Dock/Slip, Water Access
  • 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: Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Laundry - Living Area, Laundry Tub
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 130.0
  • Association Fee Frequency: Monthly
  • Association Name: Landings at Inverness HOA
  • Phone: 352.465.6933
  • Association: Yes
  • Community Features: Street Lights

Fee Information

  • Association Fee Includes: Insurance, Legal/Accounting, Maintenance Grounds, Reserve Fund, Street Lights, Sprinkler

Schools

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

Lot Info

  • Zoning: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Aug 25, 2023
Sold by
Reich Renee E Le
Bought by
Zobott Raymond J and Zobott Joan
Seller's Agent
James Martin
Discount Realty Florida, LLC
Buyer's Agent
Chris Marcic
Sellstate Next Generation Real
List Price
$349,900
Sold Price
$324,000
Premium/Discount to List
-$25,900
-7.4%
Views
128
Current Estimated Value
$338,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,191
Avg. Annual Appreciation
2.31%
Original Mortgage
$299,000
Outstanding Balance
$294,053
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$44,138

Purchase Details

Closed on
Dec 21, 2020
Sold by
Reich Renee E
Bought by
Reich Renee E and Wheeler Erika Kristine

Purchase Details

Listed on
Apr 4, 2016
Closed on
May 20, 2016
Sold by
Neal Phyllis A
Bought by
Shields Jeffrey M and Reich Renee E
Seller's Agent
John Hoffmeister
Only Way Realty Citrus
Buyer's Agent
Brad Gibbs
Coldwell Banker Investors Realty
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%

Purchase Details

Closed on
Feb 18, 2014
Sold by
Neal Phyllis A
Bought by
Neal James A and Neal Curtis J

Purchase Details

Closed on
Feb 1, 2014
Bought by
Shields Jeffrey M and Reich Renee E

Purchase Details

Closed on
Apr 24, 2012
Sold by
Neal Phyllis A
Bought by
Neal Phyllis A and The Phyllis A Neal Revocable T

Purchase Details

Closed on
Apr 1, 2012
Bought by
Shields Jeffrey M and Reich Renee E

Purchase Details

Closed on
Sep 29, 2006
Sold by
Gurrola Richard J
Bought by
Neal H Richard and Neal Phyllis A

Purchase Details

Closed on
Sep 1, 2006
Bought by
Shields Jeffrey M and Reich Renee E

Purchase Details

Closed on
May 22, 2001
Sold by
County Of Citrus
Bought by
Gurrula Richard J

Purchase Details

Closed on
May 1, 2001
Bought by
Shields Jeffrey M and Reich Renee E

Purchase Details

Closed on
Feb 1, 2001
Bought by
Shields Jeffrey M and Reich Renee E

Purchase Details

Closed on
Jan 1, 2001
Bought by
Shields Jeffrey M and Reich Renee E

Purchase Details

Closed on
Apr 1, 1997
Bought by
Shields Jeffrey M and Reich Renee E

Purchase Details

Closed on
Jan 1, 1993
Bought by
Shields Jeffrey M and Reich Renee E

Purchase Details

Closed on
Sep 1, 1991
Bought by
Shields Jeffrey M and Reich Renee E
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
Zobott Raymond J $324,000 Fidelity National Title
Reich Renee E -- Attorney
Shields Jeffrey M $155,000 First Intl Title Inc
Neal James A -- Attorney
Neal Phyllis A -- Attorney
Shields Jeffrey M $100 --
Neal Phyllis A -- Attorney
Shields Jeffrey M $100 --
Neal H Richard $249,900 First American Title Ins Co
Shields Jeffrey M $100 --
Gurrula Richard J $3,402 --
Shields Jeffrey M $3,500 --
Shields Jeffrey M $100 --
Shields Jeffrey M $100 --
Shields Jeffrey M $100 --
Shields Jeffrey M $70,000 --
Shields Jeffrey M $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zobott Raymond J $299,000
Previous Owner Gurrola Richard J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $324,000 -4.7% $188 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/25/2023 07/25/23 Price Changed $339,900 -2.9% $198 / Sq Ft
07/05/2023 07/05/23 For Sale $349,900 +125.7% $203 / Sq Ft
05/20/2016 05/20/16 Sold $155,000 -6.1% $90 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $165,000 -- $96 / 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 -- $272,389 $7,000 $265,389
2023 -- $156,411 $0 $0
2022 $0 $151,855 $0 $0
2021 $4,214 $147,432 $0 $0
2020 $3,930 $173,046 $7,000 $166,046
2019 $3,672 $168,429 $7,420 $161,009
2018 $0 $161,700 $7,420 $154,280
2017 $2,018 $136,608 $7,420 $129,188
2016 $1,051 $88,778 $7,420 $81,358
2015 $1,040 $88,161 $7,420 $80,741
2014 $1,067 $87,461 $6,167 $81,294
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    James Martin

    Discount Realty Florida, LLC

    (352) 453-9380

    15 in this area

    139 Total Sales

    James Martin
    Section Image
  • Chris Marcic

    Buyer's Agent in 2023

    Chris Marcic

    Sellstate Next Generation Real

    (352) 440-3228

    17 in this area

    172 Total Sales

    Chris Marcic
    Section Image

  • J

    Seller's Agent in 2016

    John Hoffmeister

    Only Way Realty Citrus

  • E

    Seller Co-Listing Agent in 2016

    Ellie Scarfone

    Only Way Realty Citrus

  • Brad Gibbs

    Buyer's Agent in 2016

    Brad Gibbs

    Coldwell Banker Investors Realty

    (352) 212-5286

    14 Total Sales

    Brad Gibbs
    Section Image
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Map

Source: REALTORS® Association of Citrus County

MLS Number: 825187

REALTORS® Association of Citrus County

APN: 20E-19S-08-0070-00000-0240

Florida Citrus County Inverness 34450

507 Las Palmas Point, Inverness, FL

This home is located at 507 Las Palmas Point, Inverness, FL 34450 since 05 July 2023 and is currently estimated at $338,191, approximately $196 per square foot. This property was built in 2006. 507 Las Palmas Point is a home located in Citrus County with nearby schools including Inverness Primary 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.

REALTORS® Association of Citrus County IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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