$127,000
SOLD JUN 21, 2013

508 Lake St Inverness, FL 34450

2 Beds
1 Bath
1,308 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$97 Per Sq Ft

2% Above List Price

11 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Updated Kitchen
  • Docks
  • Community Boat Facilities
  • Ranch Style House

About This Home

As of August 2025

A waterfront beauty located in downtown historic Inverness. This home has updates and is perfect for a full time waterfront residence or a weekender. Sitting on your dock looking out over the open water you wont believe the breeze and the wildlife present. It's your piece of divine paradise.

Last Agent to Sell the Property

Dawn Theroux

ERA American Suncoast Realty License #3104112 Listed on: 05/14/2013

Last Buyer's Agent

Sandra Clodwick

Edgewater Realty, Inc. License #681012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $372

Year Built

  • Built in 1930

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 57 x 110
  • Lake Front
  • Home fronts a seawall
  • Property fronts a county road
  • Fenced Yard
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Property is zoned LMD

Home Design

  • Ranch Style House
  • Florida Architecture
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Shingle Roof
  • Ridge Vents on the Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,308 Sq Ft Home
  • Gas Fireplace
  • Blinds
  • Water Views

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Built-In Microwave
  • Laminate Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Unpaved Driveway
  • Unpaved Parking

Outdoor Features

  • Docks
  • Shed

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Programmable Thermostat
  • Water Purifier
  • Water Purifier is Owned
  • High Speed Internet

Community Details

Overview

  • No Home Owners Association

Amenities

  • Community Barbecue Grill
  • Shops

Recreation

  • Community Boat Facilities
  • Golf Course Community
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$372

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Architectural Style: Florida, Ranch
  • Carport Y N: No
  • Directions: From Historic Downtown Inverness, 41 N to Line, follow all the way down to a right onto Lake, home is on the left. Or Citrus to left on Lake.
  • Water Frontage Type: Lakefront
  • Garage Yn: No
  • Lot Size Acres: 0.14
  • Lot Size: 57 x 110
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Oven, Microwave Hood Fan, Microwave, Water Purifier Owned, Refrigerator, Water Purifier, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Furnished: Unfurnished
  • Interior Amenities: Decorative/Designer Lighting Fixtures, Fireplace, Laminate Counters, Pantry, Split Bedrooms, Updated Kitchen, Utility Room, Wood Cabinets, Window Treatments, Programmable Thermostat, Cable TV
  • Living Area: 1308.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Landscaping, Unpaved Driveway
  • Fencing: Yard Fenced
  • Foundation Details: Pillar/Post/Pier
  • Lot Features: Flat, Rectangular
  • Other Structures: Shed(s)
  • Pool Features: None
  • Roof: Asphalt, Shingle, Ridge Vents
  • View: Water
  • View: Yes
  • Waterfront Features: Boat Dock/Slip, Seawall, Lake Front
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Driveway, Unpaved

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Barbecue, Boat Facilities, Golf, 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: 372.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2025
Closed on
Aug 6, 2025
Sold by
Mclaughlin John and Mclaughlin Kimberly
Bought by
Abel Gail Booth
Seller's Agent
Jack McLaughlin
Dennis Realty & Investment Corp.
Buyer's Agent
NON MEMBER
NON MEMBER
List Price
$370,000
Sold Price
$345,000
Premium/Discount to List
-$25,000
-6.76%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.65%
Original Mortgage
$155,000
Outstanding Balance
$155,000
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$208,078

Purchase Details

Listed on
Oct 21, 2021
Closed on
Dec 13, 2021
Sold by
Burton Michael S
Bought by
Mclaughlin John and Mclaughlin Kimberly
Seller's Agent
Teri Paduano
RE/MAX Foxfire - HWY 40
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$221,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2018
Closed on
May 28, 2019
Sold by
Mcmurray Barbara Jo and The Barbara Mcmurray Family Tr
Bought by
Burton Michael S
Seller's Agent
Edmond Bucks
Tropic Shores Realty
List Price
$219,000
Sold Price
$185,000
Premium/Discount to List
-$34,000
-15.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.28%

Purchase Details

Closed on
Sep 24, 2018
Sold by
Mcmurray Barbara Jo
Bought by
Mcmurray Barbara Jo and Barbara Mcmurray Family Trust

Purchase Details

Listed on
May 19, 2017
Closed on
Nov 15, 2017
Sold by
Brown Jack W
Bought by
Mcmurray Michael A and Mcmurray Barbara
Seller's Agent
Dawn Theroux
ERA American Suncoast Realty
Buyer's Agent
Deborah "Debbie" Scott
Coldwell Banker Investors Realty
List Price
$169,000
Sold Price
$160,000
Premium/Discount to List
-$9,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%
Original Mortgage
$152,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2017
Sold by
Wade Sandra
Bought by
Brown Jack W

Purchase Details

Listed on
May 14, 2013
Closed on
Jun 21, 2013
Sold by
Consuegra Ulises J and Consuegra Martha H
Bought by
Brown Jack W and Wade Brown Sandra
Seller's Agent
Dawn Theroux
ERA American Suncoast Realty
Buyer's Agent
Sandra Clodwick
Edgewater Realty, Inc.
List Price
$124,900
Sold Price
$127,000
Premium/Discount to List
$2,100
1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%

Purchase Details

Closed on
Jan 1, 1998
Bought by
Brown Jack W and Wade-Brown Sandra

Purchase Details

Closed on
Mar 1, 1992
Bought by
Brown Jack W and Wade-Brown Sandra

Purchase Details

Closed on
Oct 1, 1985
Bought by
Brown Jack W and Wade-Brown Sandra

Purchase Details

Closed on
May 1, 1983
Bought by
Brown Jack W and Wade-Brown Sandra

Purchase Details

Closed on
Feb 1, 1980
Bought by
Brown Jack W and Wade-Brown Sandra
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 Type Sale Price Title Company
Warranty Deed $345,000 Fidelity National Title
Warranty Deed $260,000 Fidelity Title Services Llc
Warranty Deed $185,000 First International Ttl Inc
Interfamily Deed Transfer -- Attorney
Warranty Deed $160,000 First International Title In
Quit Claim Deed -- None Available
Warranty Deed $127,000 First Intl Title Inc
Deed $100 --
Deed $100 --
Deed $42,500 --
Deed $36,000 --
Deed $29,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $155,000 New Conventional
Previous Owner $221,000 New Conventional
Previous Owner $152,000 New Conventional
Previous Owner $78,119 Unknown
Previous Owner $78,900 Unknown
Previous Owner $67,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 Sold $345,000 -2.8% $264 / Sq Ft
07/14/2025 07/14/25 Pending -- -- --
07/01/2025 07/01/25 Price Changed $355,000 -4.1% $271 / Sq Ft
06/10/2025 06/10/25 For Sale $370,000 +42.3% $283 / Sq Ft
12/13/2021 12/13/21 Sold $260,000 0.0% $199 / Sq Ft
11/13/2021 11/13/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $260,000 +40.5% $199 / Sq Ft
05/28/2019 05/28/19 Sold $185,000 -15.5% $141 / Sq Ft
04/28/2019 04/28/19 Pending -- -- --
09/18/2018 09/18/18 For Sale $219,000 +36.9% $167 / Sq Ft
11/16/2017 11/16/17 Sold $160,000 -5.3% $122 / Sq Ft
10/17/2017 10/17/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $169,000 +33.1% $129 / Sq Ft
06/21/2013 06/21/13 Sold $127,000 +1.7% $97 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
05/11/2013 05/11/13 For Sale $124,900 -- $95 / 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 $4,556 $234,358 $62,700 $171,658
2023 $4,556 $218,765 $51,300 $167,465
2022 $3,955 $183,038 $49,880 $133,158
2021 $1,677 $121,759 $0 $0
2020 $1,667 $134,133 $35,220 $98,913
2019 $2,841 $127,247 $35,220 $92,027
2018 $1,346 $111,822 $35,220 $76,602
2017 $2,302 $109,614 $35,220 $74,394
2016 $2,025 $88,274 $35,220 $53,054
2015 $2,032 $88,960 $35,230 $53,730
2014 $1,895 $79,210 $36,856 $42,354
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 702941

REALTORS® Association of Citrus County

APN: 20E-19S-17-0020-00160-0050