507 Las Palmas Point Inverness, FL 34450
3
Beds
2
Baths
1,720
Sq Ft
8,276
Sq Ft Lot
Highlights
- Docks
- Waterfront
- Vaulted Ceiling
- Primary Bedroom Suite
- Contemporary Architecture
- Wood Flooring
About This Home
As of August 2023This 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
Discount Realty Florida, LLC License #3010954 Listed on: 07/05/2023
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
- <<tubWithShowerToken>>
- 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
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
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
Similar Homes in Inverness, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $324,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $155,000 | First Intl Title Inc | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | $100 | -- | |
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | $100 | -- | |
| Warranty Deed | $249,900 | First American Title Ins Co | |
| Deed | $100 | -- | |
| Quit Claim Deed | $3,402 | -- | |
| Deed | $3,500 | -- | |
| Deed | $100 | -- | |
| Deed | $100 | -- | |
| Deed | $100 | -- | |
| Deed | $70,000 | -- | |
| Deed | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $299,000 | New Conventional | |
| Previous Owner | $200,000 | Construction |
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
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
-
James Martin
J
Seller's Agent in 2023
James Martin
Discount Realty Florida, LLC
(352) 453-9380
15 in this area
138 Total Sales
-
Chris Marcic
Buyer's Agent in 2023
Chris Marcic
Sellstate Next Generation Real
(352) 440-3228
17 in this area
171 Total Sales
-
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
8 in this area
14 Total Sales
Map
Source: REALTORS® Association of Citrus County
MLS Number: 825187
APN: 20E-19S-08-0070-00000-0240
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Information is deemed reliable but not guaranteed.
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