$240,000
SOLD JUL 23, 2025

725 Magnolia Ave Inverness, FL 34452

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

Recently Sold

$196 Per Sq Ft

2% Above List Price

44 Days on Market

Highlights

  • Updated Kitchen
  • Vaulted Ceiling
  • No HOA
  • Open Floorplan
  • Stone Countertops
  • 2 Car Attached Garage

About This Home

As of July 2025

Welcome to The Magnolia – a fully remodeled 2-bedroom, 2-bath home where luxury meets simplicity. Step into a beautifully updated space featuring a fully appointed kitchen with abundant granite countertops, custom cabinetry, a large island with a deep sink, pendant lighting, and a decorative backsplash—all seamlessly opening to the spacious living area, perfect for gatherings. Every detail has been refreshed: new luxury vinyl plank flooring, modern light fixtures, updated doors, custom closet shelving, and new appliances throughout. Both bathrooms have been fully renovated with new vanities and toilets; the guest bath has a new tub and tiled shower to enjoy. Unwind in the enclosed sunroom overlooking the patio grill area and the privacy fenced backyard, complete with a storage shed. A 2-car garage with manual screen adds convenience. Located in the heart of Inverness—Citrus County’s charming seat and ranked #3 Best Small Town in the South by USA Today—this move-in-ready gem is everything you've been waiting for!

Last Agent to Sell the Property

Ruth Squires

EXP Realty LLC License #3355349 Listed on: 05/07/2025

EXP Realty LLC

Last Buyer's Agent

Orlando Regional Member

Orlando Regional Realtor Association Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,669

Year Built

  • Built in 1986

Lot Details

  • 9,601 Sq Ft Lot
  • Lot Dimensions are 80x120
  • East Facing Home
  • Level Lot
  • Cleared Lot
  • Property is zoned LD

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Block Foundation
  • Shingle Roof
  • Ridge Vents on the Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,227 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Luxury Vinyl Plank Tile Flooring
  • Fire and Smoke Detector
  • Laundry in Garage

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Outdoor Features

  • Shed

Schools

  • Inverness Primary Elementary School
  • Inverness Middle School
  • Lecanto High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Inverness Highlands South Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,669

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
  • Lot Size: 80x120
  • 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
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave Hood Fan, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Luxury Vinyl Plank
  • Interior Amenities: Eat-in Kitchen, High Ceilings, Primary Suite, Open Floorplan, Pantry, Stone Counters, Split Bedrooms, Shower Only, Separate Shower, Updated Kitchen, Vaulted Ceiling(s), Walk-In Closet(s), Wood Cabinets
  • Living Area: 1227.0

Exterior Features

  • Construction Type: Stucco
  • Direction Faces: East
  • Disclosures: Owner Is Listing Agent
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block
  • Lot Features: Cleared, Flat
  • Other Structures: Shed(s)
  • Pool Features: None
  • Roof: Asphalt, Shingle, Ridge Vents
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • 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: Lecanto High
  • Middle Or Junior School: Inverness Middle

Lot Info

  • Lot Size Sq Ft: 9601.0
  • Zoning: LD

Tax Info

  • Tax Annual Amount: 1669.14
  • Tax Year: 2024

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: 842762

REALTORS® Association of Citrus County

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