$154,000
SOLD DEC 30, 2024

725 Magnolia Ave Inverness, FL 34452

2 Beds
2 Baths
1,227 Sq Ft
9,601 Sq Ft Lot

Recently Sold

$126 Per Sq Ft

14% Below List Price

47 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heat Pump System
  • 2 Car Attached Garage
  • Rectangular Lot
  • 1-Story Property

About This Home

As of July 2025

Take a look at this 2-Bedroom, 2-Bath Home in the City of Inverness. This cozy home offers the convenience of city water and a well-designed layout, great for those looking for comfort and easy living. Step inside to an open living space, complemented by two spacious bedrooms and two full bathrooms. The kitchen offers plenty of cabinet space and a functional layout, just right for preparing meals and entertaining guests. The property also features a large yard, nice for outdoor activities or gardening projects, a very nice storage shed and is located just minutes from downtown Inverness, where you can enjoy local shopping, dining, and recreational opportunities. Enjoy the warm and sunny Florida weather all year long.

Last Agent to Sell the Property

Ryan Hazelton

Century 21 J.W.Morton R.E. License #3444292 Listed on: 11/01/2024

Century 21 J.W.Morton R.E.

Last Buyer's Agent

Ruth Squires

EXP Realty LLC License #3355349

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,544

Year Built

  • Built in 1986

Lot Details

  • 9,601 Sq Ft Lot
  • Rectangular Lot
  • Level Lot
  • Property is zoned LD

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,227 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Inverness Highlands South Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,544

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: One Story
  • Carport Y N: No
  • Directions: From US 41/W Main St. turn onto S Apopka Ave. Turn right onto Peony St. Turn left onto Magnolia Ave. The home is on the right.
  • 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 Surface Type: Paved
  • Building Stories: 1
  • Subdivision Name: Inverness Highlands South
  • Year Built: 1986
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Refrigerator, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Linoleum
  • Living Area: 1227.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block
  • Lot Features: Flat, Rectangular
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, 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: 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: 9601.0
  • Zoning: LD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1543.82
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Dec 30, 2024
Sold by
Johnson Janice E
Bought by
Squires Joshua
Seller's Agent
Ryan Hazelton
Century 21 J.W.Morton R.E.
Buyer's Agent
Ruth Squires
EXP Realty LLC
List Price
$179,000
Sold Price
$154,000
Premium/Discount to List
-$25,000
-13.97%
Views
67

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.64%

Purchase Details

Closed on
Jun 23, 2009
Sold by
Toleos Theodore and Toleos Theresa D
Bought by
Toleos Theodore and Toleos Theresa V

Purchase Details

Closed on
Sep 1, 1999
Bought by
Johnson William E and Johnson Janice E

Purchase Details

Closed on
Apr 1, 1998
Bought by
Johnson William E and Johnson Janice E

Purchase Details

Closed on
Sep 1, 1995
Bought by
Johnson William E and Johnson Janice E

Purchase Details

Closed on
May 1, 1994
Bought by
Johnson William E and Johnson Janice E

Purchase Details

Closed on
May 1, 1990
Bought by
Johnson William E and Johnson Janice E

Purchase Details

Closed on
Mar 1, 1987
Bought by
Johnson William E and Johnson Janice E

Purchase Details

Closed on
Nov 1, 1984
Bought by
Johnson William E and Johnson Janice E
Source: Public Records

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Range of Values:

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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 $154,000 First International Title
Warranty Deed $154,000 First International Title
Interfamily Deed Transfer -- None Available
Deed $61,500 --
Deed $55,000 --
Deed $53,000 --
Deed $53,000 --
Deed $100 --
Deed $51,000 --
Deed $5,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $130,000 Fannie Mae Freddie Mac
Previous Owner $32,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Sold $240,000 +2.1% $196 / Sq Ft
06/20/2025 06/20/25 Pending -- -- --
06/06/2025 06/06/25 For Sale $235,000 0.0% $192 / Sq Ft
05/29/2025 05/29/25 Pending -- -- --
05/21/2025 05/21/25 For Sale $235,000 0.0% $192 / Sq Ft
05/10/2025 05/10/25 Pending -- -- --
05/07/2025 05/07/25 For Sale $235,000 +52.6% $192 / Sq Ft
12/30/2024 12/30/24 Sold $154,000 -8.9% $126 / Sq Ft
12/18/2024 12/18/24 Pending -- -- --
12/06/2024 12/06/24 Price Changed $169,000 -5.6% $138 / Sq Ft
12/02/2024 12/02/24 For Sale $179,000 0.0% $146 / Sq Ft
11/24/2024 11/24/24 Pending -- -- --
11/22/2024 11/22/24 Price Changed $179,000 -20.4% $146 / Sq Ft
11/01/2024 11/01/24 For Sale $225,000 -- $183 / 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 $1,544 $114,877 -- --
2023 $1,544 $108,861 $0 $0
2022 $1,340 $95,981 $0 $0
2021 $1,162 $81,256 $0 $0
2020 $1,082 $93,170 $3,680 $89,490
2019 $996 $82,460 $3,480 $78,980
2018 $945 $83,408 $3,480 $79,928
2017 $824 $61,044 $3,480 $57,564
2016 $789 $59,907 $2,580 $57,327
2015 $712 $56,144 $2,580 $53,564
2014 $606 $48,553 $4,109 $44,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 837199

REALTORS® Association of Citrus County

APN: 20E-19S-21-0020-02680-0410