NOT LISTED FOR SALE

508 Spruce St Inverness, FL 34452

Estimated Value: $218,075 - $241,000

2 Beds
2 Baths
1,245 Sq Ft
$183/Sq Ft Est. Value

Last Sold April 07, 2022

Last sale price $211,500 $170 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,339/month

3 Days on Market

Highlights

  • Updated Kitchen
  • No HOA
  • Park
  • Hilly Lot
  • 1 Car Attached Garage
  • Restaurant

About This Home

As of April 2022

UPDATED KITCHEN!!!!! This cute 2 bedroom 2 bath is nestled in close to Downtown Inverness, where you can find shopping and restaurants. It is also close to the Talsa Apopka chain of lakes, where you can enjoy all your water-sports. Come and enjoy the Inverness Florida lifestyle. Sun, boats, and great food await you in Inverness.

Last Agent to Sell the Property

Brogan Cunningham

RE/MAX Realty One License #3252467 Listed on: 03/18/2022

Co-Listed By

Kevin Cunningham

RE/MAX Realty One License #655978

Last Buyer's Agent

Brenda Bailey Brady

Keller Williams Realty - Elite Partners II License #3474252

Keller Williams Realty - Elite Partners II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $533

Year Built

  • Built in 1986

Lot Details

  • 9,600 Sq Ft Lot
  • Property fronts a county road
  • Privacy Fence
  • Wood Fence
  • Landscaped
  • Lot Has A Rolling Slope
  • Hilly Lot
  • Property is zoned MDR

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco
  • Stone

Interior Spaces

  • 1,245 Sq Ft Home
  • 1-Story Property

Kitchen

  • Updated Kitchen
  • Oven
  • Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Heater
  • Water Softener is Owned
  • Septic Tank

Community Details

Overview

  • No Home Owners Association
  • Inverness Highlands South Subdivision

Amenities

  • Restaurant

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$533

Year Built

Built in 1986

Lot Details

0

Parking

1

Listing Details

  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Co List Office Mls Id: 0592
  • Co List Office Phone: (352) 527-7842
  • Directions: South on Apopka turn left on Hemlock then right on Highland then left on Spruce. house on left see sign
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.22
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Building Stories: 1
  • Subdivision Name: Inverness Highlands South
  • Year Built: 1986
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Water Softener Owned, Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Laminate Counters, Updated Kitchen
  • Living Area: 1245.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Stone, Stucco
  • Exterior Features: Landscaping, Concrete Driveway
  • Fencing: Privacy, Wood
  • Foundation Details: Block, Slab
  • Lot Features: Rolling Slope
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Topography: Hill
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Concrete, Driveway, Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: In Garage
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: Park, Restaurant, Sidewalks

Schools

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

Lot Info

  • Lot Size Sq Ft: 9600.0
  • Zoning: MDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 533.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2014
Closed on
Nov 24, 2014
Sold by
U S Bank National Association
Bought by
Baxter Otis L
Seller's Agent
David Ivory
RE/MAX Realty One
Buyer's Agent
Brogan Cunningham
RE/MAX Realty One
List Price
$80,000
Sold Price
$54,900
Premium/Discount to List
-$25,100
-31.38%
Current Estimated Value
$228,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,369
Avg. Annual Appreciation
14.13%
Original Mortgage
$56,020
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2014
Sold by
Martin Federal Credit Union
Bought by
U S Bank National Association

Purchase Details

Closed on
Jan 23, 2014
Sold by
Martin Federal Credit Union
Bought by
U S Bank Natioal Association

Purchase Details

Closed on
Aug 5, 2005
Sold by
Kovac Rudolph M and Kovac Leora W
Bought by
Banawan Genalin Peachy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 6, 2003
Sold by
Gyetvai Julia K and Piscopo Julia
Bought by
Kovac Rudolph M and Kovac Leora W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1997
Bought by
Baxter Otis L and Baxter Renee Carolyn

Purchase Details

Closed on
Mar 1, 1993
Bought by
Baxter Otis L and Baxter Renee Carolyn

Purchase Details

Closed on
Jun 1, 1992
Bought by
Baxter Otis L and Baxter Renee Carolyn

Purchase Details

Closed on
May 1, 1985
Bought by
Baxter Otis L and Baxter Renee Carolyn
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Baxter Otis L $54,900 Bay National Title Company
U S Bank National Association $27,100 None Available
U S Bank Natioal Association $27,100 None Available
Banawan Genalin Peachy B $129,000 Cirus Land Title Inc
Kovac Rudolph M $76,000 American Title Svcs Of Citru
Baxter Otis L $100 --
Baxter Otis L $51,000 --
Baxter Otis L $100 --
Baxter Otis L $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baxter Otis L $102,400
Closed Baxter Otis L $56,020
Previous Owner Banawan Genalin Peachy B $15,000
Previous Owner Banawan Genalin Peachy B $129,000
Previous Owner Kovac Rudolph M $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2022 04/07/22 Sold $211,500 -1.6% $170 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $215,000 +291.6% $173 / Sq Ft
11/25/2014 11/25/14 Sold $54,900 -31.4% $45 / Sq Ft
10/26/2014 10/26/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $80,000 -- $66 / 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 $1,264 $117,765 -- --
2023 $1,264 $114,335 $0 $0
2022 $611 $65,505 $0 $0
2021 $601 $63,597 $0 $0
2020 $543 $94,759 $3,520 $91,239
2019 $533 $93,754 $3,520 $90,234
2018 $512 $78,167 $3,200 $74,967
2017 $515 $57,585 $2,840 $54,745
2016 $524 $56,401 $2,580 $53,821
2015 $528 $56,009 $2,310 $53,699
2014 $888 $47,810 $3,916 $43,894
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 811042

REALTORS® Association of Citrus County

APN: 20E-19S-21-0020-02300-0550