$155,000
SOLD MAY 20, 2016

507 Las Palmas Point Inverness, FL 34450

3 Beds
2 Baths
1,720 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$90 Per Sq Ft

6% Below List Price

16 Days on Market

Highlights

  • Lake Front
  • Primary Bedroom Suite
  • Open Floorplan
  • Boat Dock
  • Updated Kitchen
  • Secondary Bathroom Jetted Tub

About This Home

As of August 2023

Meticulous is the best description for the care in maintaining this spotless, move-in ready Villa in the Landings at Inverness. From the moment you enter the development, quality of lifestyle is evident. The home itself is spacious, bright and airy with a split floorplan, and was the personal home of the Contractor. Amenities include the Formal Dining rm, wood-burning Fireplace, and large Jetted Tub and step-in shower of the Master Suite. The oversized Garage has an 80 sq ft Workshop area. The ceramic tiled Lanai overlooks a huge, manicured, park-like common area which is alive with tree-shaded cool spots born from the Little Lake Henderson breezes.

Last Agent to Sell the Property

John Hoffmeister

Only Way Realty Citrus License #3136787 Listed on: 04/04/2016

Co-Listed By

Ellie Scarfone

Only Way Realty Citrus License #BK376727

Last Buyer's Agent

Brad Gibbs

Coldwell Banker Investors Realty License #3181054

Coldwell Banker Investors Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,040

Year Built

  • Built in 2006

Lot Details

  • 8,276 Sq Ft Lot
  • Lake Front
  • Cul-De-Sac
  • South Facing Home
  • Landscaped
  • Irregular Lot
  • Sloped Lot
  • Sprinkler System
  • Property is zoned LMD

HOA Fees

  • $115 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Block Foundation
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,720 Sq Ft Home
  • Open Floorplan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Single Hung Windows
  • Blinds
  • Sliding Windows
  • Sliding Doors
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<builtInMicrowave>>
  • Dishwasher
  • Laminate Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Secondary Bathroom Jetted Tub
  • <<tubWithShowerToken>>
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • High Speed Internet

Community Details

Overview

  • Landings At Inverness Subdivision

Amenities

  • Shops

Recreation

  • Boat Dock
  • Community Boat Facilities
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,040

Year Built

Built in 2006

Lot Details

0

HOA Fees

$115 per month

Parking

2

Listing Details

  • Carport Y N: No
  • Co List Office Mls Id: 9900
  • Co List Office Phone: (352) 533-7506
  • Directions: From the Olde Courthouse, take North Apopka Ave to R on Vine (CR 470, to L on San Remo Circle. Entrnace sign reads Landings at Inverness & Oaklee Grove
  • Water Frontage Type: Lakefront
  • Garage Yn: Yes
  • Lot Size Acres: 0.19
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Landings at Inverness
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave Hood Fan, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Bathtub, Decorative/Designer Lighting Fixtures, Dual Sinks, Fireplace, Laminate Counters, Master Suite, Open Floorplan, Pantry, Split Bedrooms, Separate Shower, Tub Shower, Updated Kitchen, Walk-In Closet(s), Wood Cabinets, Jetted Tub, Sliding Glass Door(s), Cable TV
  • Living Area: 1720.0
  • Window Features: Blinds, Double Pane Windows, Single Hung, Sliding

Exterior Features

  • Construction Type: Stucco
  • Direction Faces: South
  • Exterior Features: Sprinkler/Irrigation, Landscaping, Concrete Driveway
  • Foundation Details: Block, Slab
  • Lot Features: Cul-De-Sac, Irregular Lot, Sloped
  • Pool Features: None
  • Roof: Tile
  • Waterfront Features: Lake Front
  • 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
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 115.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Boat Facilities, Dock, Shopping, Trails/Paths

Schools

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

Lot Info

  • Zoning: LMD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1040.0
  • Tax Year: 2015

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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

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

    138 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

    171 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
See All Agents

Map

Source: REALTORS® Association of Citrus County

MLS Number: 725675

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 and is currently priced at $155,000, approximately $90 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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