508 Lake St Inverness, FL 34450
2
Beds
1
Bath
1,308
Sq Ft
6,098
Sq Ft Lot
Highlights
- Lake Front
- Golf Course Community
- Updated Kitchen
- Docks
- Community Boat Facilities
- Ranch Style House
About This Home
As of December 2021A 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
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
Ownership History
Date
Name
Owned For
Owner Type
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
9.66%
Original Mortgage
$221,000
Outstanding Balance
$204,874
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$158,204
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
11.23%
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
9.07%
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
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 | $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 | $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 |
|---|---|---|---|---|
| 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
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
-
J
Seller's Agent in 2025
Jack McLaughlin
Dennis Realty & Investment Corp.
-
T
Seller's Agent in 2021
Teri Paduano
RE/MAX
-
E
Seller's Agent in 2019
Edmond Bucks
Tropic Shores Realty
-
D
Seller's Agent in 2017
Dawn Theroux
ERA American Suncoast Realty
-
D
Buyer's Agent in 2017
Deborah "Debbie" Scott
Coldwell Banker Investors Realty
-
S
Buyer's Agent in 2013
Sandra Clodwick
Edgewater Realty, Inc.
Map
Source: REALTORS® Association of Citrus County
MLS Number: 702941
APN: 20E-19S-17-0020-00160-0050
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Information is deemed reliable but not guaranteed.
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