$260,000
SOLD DEC 13, 2021

508 Lake St Inverness, FL 34450

2 Beds
1 Bath
1,308 Sq Ft
5,673 Sq Ft Lot

Recently Sold

$199 Per Sq Ft

23 Days on Market

Highlights

  • Lake Front
  • Boat Ramp
  • Wood Flooring
  • Docks
  • Ranch Style House
  • No HOA

About This Home

As of August 2025

This lovely home is located Lake Henderson, access to Liberty Park by water just go under bike trail bridge, in Inverness City limits walking distance to bike trail, liberty park, restaurants, theater & more. Fantastic move in ready updated home with public water, public sewer, high speed internet, boat dock, concrete sea wall & boat lift. You will enjoy the front porch & open back porch overlooking a quiet area of the lake. Home features high ceilings, wood flooring, Plantation Shutters on windows, large living room with fireplace, beautiful kitchen with granite counter top, stainless steal appliances, gas stove & more. Home features a dining room off kitchen & Florida room with panoramic grand lake views. Great getaway home for the weekend, winter escape, or year round residence where you can enjoy the serenity of nature in a beautiful small home town community. NO HOA, NO Restrictions. Come and enjoy.

Last Agent to Sell the Property

Teri Paduano

RE/MAX Foxfire - HWY 40 License #3064034 Listed on: 10/21/2021

RE/MAX Foxfire - HWY 40

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,667

Year Built

  • Built in 1930

Lot Details

  • 5,673 Sq Ft Lot
  • Lake Front
  • Home fronts a seawall
  • South Facing Home
  • Privacy Fence
  • Wood Fence
  • Wire Fence
  • Rectangular Lot
  • Property is zoned LMD

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,308 Sq Ft Home
  • Wood Flooring
  • Lake Views

Kitchen

  • Gas Oven
  • Gas Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Boat Ramp
  • Docks

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Water Softener is Owned
  • High Speed Internet

Community Details

  • No Home Owners Association
  • City Of Inverness Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,667

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Carport Y N: No
  • Directions: From Main Street, turn on Line Street (By Wendy's) to end of road, turn left on Lake Street to house on right.
  • Water Frontage Type: Lakefront
  • Garage Yn: No
  • Lot Size Acres: 0.13
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: City of Inverness
  • Year Built: 1930
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Some Propane Appliances, Dryer, Dishwasher, Gas Oven, Gas Range, Microwave Hood Fan, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Wood
  • Living Area: 1308.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Frame
  • Direction Faces: South
  • Exterior Features: Concrete Driveway
  • Fencing: Privacy, Wood, Wire
  • Lot Features: Rectangular
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • View: Lake, Water
  • View: Yes
  • Waterfront Features: Boat Dock/Slip, Boat Ramp/Lift Access, Seawall, Lake Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Concrete, Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 5673.0
  • Zoning: LMD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1667.0
  • Tax Year: 2020

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: 806857

REALTORS® Association of Citrus County

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