NOT LISTED FOR SALE

5388 E Arbor St Inverness, FL 34452

Estimated Value: $309,000 - $328,050

3 Beds
2 Baths
1,779 Sq Ft
$179/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $300,000 $169 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,756/month

3 Days on Market

Highlights

  • Indoor Pool
  • No HOA
  • Landscaped with Trees
  • 0.75 Acre Lot
  • 2 Car Garage
  • Central Air

About This Home

As of September 2023

What a wonderful opportunity to find a pool home in such a spectacular location! The large 3/4 acre homesite is in the south end of Inverness, down the road from the Citrus Wildlife Management Area which has various camping and hiking areas. In the other direction is Apopka Ave, which leads you directly to downtown Inverness. The downtown area of Inverness has wonderful shopping and dining options in the quaint and historic area, and plenty of outdoor recreation on the revitalized lake area. There is also the 46 mile Withlacoochee bike trail which goes through a few countries, with the scenic lake area of the trail near the lakes being one of the most well known and scenic. The roof is less than 3 years old, which is a huge plus for any homebuyer. No HOA. The large backyard has both a nicely sized storage shed with a new door and ramp, and a huge workshop with electric that contains separate work areas and movable work tables.

Last Agent to Sell the Property

Geri Gaugler

ERA American Suncoast Realty License #3429614 Listed on: 07/21/2023

Last Buyer's Agent

Ocala Marion Member

Ocala Marion County Association Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,041

Year Built

  • Built in 1986

Lot Details

  • 0.75 Acre Lot
  • Property fronts a county road
  • Rectangular Lot
  • Landscaped with Trees
  • Property is zoned LDR

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,779 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Indoor Pool

Schools

  • Pleasant Grove Elementary School
  • Inverness Middle School
  • Citrus High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Inverness Highlands West Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,041

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: One Story
  • Carport Y N: No
  • Directions: Head West on US-41, turn left on S Apopka Ave, turn right on E Oneida St, turn left on S Cascade Ave, turn right on E Arbor St, destination is on your left.
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 0.75
  • New Construction: No
  • 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
  • Building Stories: 1
  • Subdivision Name: Inverness Highlands West
  • Year Built: 1986
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate, Vinyl
  • Living Area: 1779.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block
  • Lot Features: Rectangular, Trees
  • Pool Features: Indoor, Pool
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Detached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Pleasant Grove Elementary
  • High School: Citrus High
  • Middle Or Junior School: Inverness Middle

Lot Info

  • Lot Size Sq Ft: 32836.0
  • Zoning: LDR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1041.09
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Sep 15, 2023
Sold by
Bernier Betty L and Shepard Yvonne M
Bought by
Wetherholt Nancy Joan and Wetherholt Sheldon
Seller's Agent
Geri Gaugler
ERA American Suncoast Realty
Buyer's Agent
Ocala Marion Member
Ocala Marion County Association Member
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%
Views
35
Current Estimated Value
$318,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,763
Avg. Annual Appreciation
2.90%
Original Mortgage
$228,937
Outstanding Balance
$224,199
Interest Rate
7.09%
Mortgage Type
Construction
Estimated Equity
$94,564

Purchase Details

Closed on
Sep 21, 2012
Sold by
Berniel Betty L
Bought by
Bernier Betty L and Shepard Yvonne M

Purchase Details

Closed on
Oct 1, 1995
Bought by
Bernier Betty L and Shepard Yvonne M

Purchase Details

Closed on
May 1, 1995
Bought by
Bernier Betty L and Shepard Yvonne M

Purchase Details

Closed on
Aug 1, 1992
Bought by
Bernier Betty L and Shepard Yvonne M

Purchase Details

Closed on
Nov 1, 1987
Bought by
Bernier Betty L and Shepard Yvonne M

Purchase Details

Closed on
May 1, 1986
Bought by
Bernier Betty L and Shepard Yvonne M
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
Wetherholt Nancy Joan $300,000 First International Title
Bernier Betty L $50,000 None Available
Bernier Betty L $90,000 --
Bernier Betty L $100 --
Bernier Betty L $95,000 --
Bernier Betty L $87,000 --
Bernier Betty L $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wetherholt Nancy Joan $228,937
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2023 09/15/23 Sold $300,000 -4.8% $169 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $315,000 -- $177 / 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 $1,045 $251,300 $15,000 $236,300
2023 $1,045 $104,722 $0 $0
2022 $1,041 $101,672 $0 $0
2021 $998 $98,711 $0 $0
2020 $933 $153,630 $9,000 $144,630
2019 $915 $144,061 $7,250 $136,811
2018 $884 $128,480 $8,290 $120,190
2017 $875 $91,464 $8,290 $83,174
2016 $879 $89,583 $9,030 $80,553
2015 $886 $88,960 $10,630 $78,330
2014 $900 $88,254 $11,328 $76,926
Source: Public Records

Agents Affiliated with this Home

  • Geri Gaugler

    Seller's Agent in 2023

    Geri Gaugler

    ERA American Suncoast Realty

    (609) 214-9963

    32 in this area

    182 Total Sales

    Geri Gaugler
    Section Image

  • O

    Buyer's Agent in 2023

    Ocala Marion Member

    Ocala Marion County Association Member

See All Agents

Map

Source: REALTORS® Association of Citrus County

MLS Number: 825588

REALTORS® Association of Citrus County

APN: 20E-19S-30-001A-0445A-0040

Florida Citrus County Inverness 34452

5388 E Arbor St, Inverness, FL

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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