NOT LISTED FOR SALE

720 Drake Ave Inverness, FL 34452

Estimated Value: $183,000 - $200,000

2 Beds
1 Bath
1,142 Sq Ft
$167/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $189,000 $165 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,192/month

258 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Ceramic Tile Flooring
  • No HOA
  • Bathtub
  • Central Heating and Cooling System

About This Home

As of March 2023

NEW ROOF. Great find in City Limits. Tile floors throughout. 546 Sq foot garage for plenty of storage, enclosed family room, quiet street.
Now is the time to make this your forever home. Call today for your personal viewing

Last Agent to Sell the Property

Mary Chapman

Landmark Realty License #3064510 Listed on: 07/14/2022

Co-Listed By

Janet Bega

Landmark Realty License #3162684

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

  • $1,620

Year Built

  • Built in 1970

Lot Details

  • 10,454 Sq Ft Lot
  • Property fronts a county road
  • Chain Link Fence
  • Irregular Lot
  • Property is zoned LD

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,142 Sq Ft Home
  • Ceramic Tile Flooring
  • Fire and Smoke Detector
  • Laundry in Garage

Kitchen

  • Electric Cooktop
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub

Schools

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

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Inverness Highlands South Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,620

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Architectural Style: Ranch
  • Carport Y N: No
  • Co List Office Mls Id: 1430
  • Co List Office Phone: (352) 726-5263
  • Directions: S. Apopka Ave to left on Hemlock to left on Drake, home on right
  • Garage Yn: Yes
  • Lot Size Acres: 0.24
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Subdivision Name: Inverness Highlands South
  • Year Built: 1970
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Cooktop, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Interior Amenities: Bathtub, Laminate Counters
  • Living Area: 1142.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Concrete Driveway
  • Fencing: Chain Link
  • Foundation Details: Block
  • Lot Features: Irregular Lot
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • 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
  • Security: Smoke Detector(s)
  • Sewer: Septic Tank
  • 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

  • Zoning: LD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1620.32
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Mar 30, 2023
Sold by
Sinton John R
Bought by
Adams Tyler and Adams Erin
Seller's Agent
Mary Chapman
Landmark Realty
Buyer's Agent
Brenda Bailey Brady
Keller Williams Realty - Elite Partners II
List Price
$240,000
Sold Price
$189,000
Premium/Discount to List
-$51,000
-21.25%
Views
162
Current Estimated Value
$191,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,224
Avg. Annual Appreciation
0.46%
Original Mortgage
$170,100
Outstanding Balance
$165,125
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$26,099

Purchase Details

Closed on
Jul 16, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Sinton John R

Purchase Details

Closed on
May 20, 2010
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
May 6, 2010
Sold by
Camunas Edward P and Camunas Cynthia
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 1, 2010
Bought by
Sinton John R

Purchase Details

Closed on
Aug 17, 2006
Sold by
Davis Max and Davis Patricia F
Bought by
Camunas Edward P and Camunas Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,850
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2003
Sold by
Winston Linda Marie
Bought by
Davis Max and Isner Patricia F

Purchase Details

Closed on
Feb 1, 1990
Bought by
Sinton John R

Purchase Details

Closed on
Aug 1, 1986
Bought by
Sinton John R
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
Adams Tyler $189,000 American Title Services
Sinton John R $45,000 New House Title
Federal Home Loan Mortgage Corp -- New House Title
Wells Fargo Bank Na -- None Available
Wells Fargo Bank Na -- None Available
Sinton John R $100 --
Camunas Edward P $123,000 First American Title Ins Co
Davis Max $52,000 --
Sinton John R $43,000 --
Sinton John R $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Tyler $170,100
Previous Owner Camunas Edward P $116,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2023 03/30/23 Sold $189,000 -21.3% $165 / Sq Ft
07/14/2022 07/14/22 For Sale $240,000 -- $210 / 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 $2,136 $136,309 $8,800 $127,509
2023 $2,136 $127,042 $7,600 $119,442
2022 $1,851 $106,276 $10,000 $96,276
2021 $1,620 $86,043 $3,850 $82,193
2020 $1,494 $77,950 $3,680 $74,270
2019 $1,372 $67,850 $3,480 $64,370
2018 $1,267 $61,248 $3,480 $57,768
2017 $1,115 $48,780 $3,480 $45,300
2016 $1,045 $47,471 $2,580 $44,891
2015 $929 $40,655 $4,080 $36,575
2014 $938 $39,310 $4,477 $34,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 814945

REALTORS® Association of Citrus County

APN: 20E-19S-21-0020-02070-0110