$18,500
SOLD MAR 13, 2025

729 Drake Ave Inverness, FL 34452

0.22 Acre
$84,091 Price per Acre
9,600 Sq Ft Lot

Recently Sold

9% Above List Price

7 Days on Market

Highlights

  • No HOA
  • Landscaped with Trees
  • Rectangular Lot

About This Lot

As of March 2025

Here is a nice home site in the city of Inverness, which means you get city water! This .22 acre lot is about 1.2 miles to downtown Inverness, the Small Town Done Right! It features Liberty Park and Wallace Brooks Park that are located on Big Henderson Lake, with boat ramps, the 46 mile Rails to Trails hike and bike path, the Valerie Theater, historic downtown, and lots of restaurants, shops, and stores. There is no HOA, so you have less restrictions, and less cost. The lot is mostly cleared, so there is hardly any expense to removing trees. This location is a great place to build a home and live, or, it makes a great investment for the future.

Last Agent to Sell the Property

Stefan Stuart

Century 21 J.W.Morton R.E. License #3267149 Listed on: 02/13/2025

Century 21 J.W.Morton R.E.

Last Buyer's Agent

Chelsea Adams

Keller Williams Realty - Elite Partners II License #3396246

Keller Williams Realty - Elite Partners II

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $193

Lot Details

  • 9,600 Sq Ft Lot
  • Rectangular Lot
  • Landscaped with Trees
  • Property is zoned LD

Schools

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

Utilities

  • Septic Needed

Community Details

  • No Home Owners Association
  • Inverness Highlands South Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$193

Lot Details

0

Listing Details

  • Directions: from downtown Inverness, go south on Hwy 41, to right on Eden Dr, to left on Desota, to right on Hemlock, to right on Drake, to the third lot on the left.
  • Lot Size Acres: 0.22
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Prop. Type: Land
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Inverness Highlands South
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Rectangular, Trees
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • 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: 9600.0
  • Zoning: LD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 192.83
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2025
Closed on
Mar 13, 2025
Sold by
Ferguson Charles and Ferguson Amanda C
Bought by
Moon Lake Investments Inc
Seller's Agent
Stefan Stuart
Century 21 J.W.Morton R.E.
Buyer's Agent
Chelsea Adams
Keller Williams Realty - Elite Partners II
List Price
$17,000
Sold Price
$18,500
Premium/Discount to List
$1,500
8.82%
Views
2
Current Estimated Value
$140,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,899
Avg. Annual Appreciation
6073.44%

Purchase Details

Listed on
Nov 16, 2022
Closed on
Dec 5, 2022
Sold by
Davis Mark A and Davis Deborah Jean
Bought by
Bill And Doralee Ferguson Family Trust
Seller's Agent
Jennifer Boyette
COASTAL PROPERTIES GROUP INTERNATIONAL
Buyer's Agent
Tonya Lathrop
ROBERT SLACK LLC
List Price
$10,000
Sold Price
$10,000
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.13%

Purchase Details

Closed on
Oct 19, 2020
Sold by
Allen Teresa
Bought by
Davis Mark A and Davis Deborah Jean

Purchase Details

Closed on
Sep 12, 2019
Sold by
Manzella Lina
Bought by
Allen Teresa

Purchase Details

Closed on
Aug 1, 1983
Bought by
Manzella Guy and Manzella Lina
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 Type Sale Price Title Company
Warranty Deed $18,500 American Title Services
Warranty Deed $18,500 American Title Services
Warranty Deed $265,000 American Title Services
Warranty Deed $5,000 American Ttl Svcs Of Citrus
Warranty Deed $4,500 American Ttl Svcs Of Citrus
Deed $4,400 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 Sold $18,500 +8.8% --
02/20/2025 02/20/25 Pending -- -- --
02/13/2025 02/13/25 For Sale $17,000 +70.0% --
12/07/2022 12/07/22 Sold $10,000 0.0% --
11/18/2022 11/18/22 Pending -- -- --
11/16/2022 11/16/22 For Sale $10,000 -- --
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 $168 $8,800 $8,800 --
2023 $168 $7,600 $7,600 $0
2022 $123 $10,000 $10,000 $0
2021 $83 $3,850 $3,850 $0
2020 $80 $3,680 $3,680 $0
2019 $77 $3,480 $3,480 $0
2018 $73 $3,480 $3,480 $0
2017 $69 $3,480 $3,480 $0
2016 $59 $2,580 $2,580 $0
2015 $59 $2,580 $2,580 $0
2014 $94 $3,910 $3,910 $0
Source: Public Records

Agents Affiliated with this Home

  • Stefan Stuart

    Seller's Agent in 2025

    Stefan Stuart

    Century 21 J.W.Morton R.E.

    (352) 212-0211

    35 in this area

    103 Total Sales

    Stefan Stuart
    Section Image
  • Chelsea Adams

    Buyer's Agent in 2025

    Chelsea Adams

    Keller Williams Realty - Elite Partners II

    (352) 201-8715

    71 in this area

    258 Total Sales

    Chelsea Adams
    Section Image
  • Jennifer Boyette

    Seller's Agent in 2022

    Jennifer Boyette

    COASTAL PROPERTIES GROUP INTERNATIONAL

    (813) 714-0084

    2 in this area

    71 Total Sales

    Jennifer Boyette
    Section Image

  • T

    Buyer's Agent in 2022

    Tonya Lathrop

    ROBERT SLACK LLC

    (814) 873-6057

    10 in this area

    76 Total Sales

    Tonya Lathrop
    Section Image
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Map

Source: REALTORS® Association of Citrus County

MLS Number: 841677

REALTORS® Association of Citrus County

APN: 20E-19S-21-0020-02080-0270

Florida Citrus County Inverness 34452

729 Drake Ave, Inverness, FL

This home is located at 729 Drake Ave, Inverness, FL 34452 and is currently priced at $18,500. 729 Drake Ave is a home located in Citrus County with nearby schools including Inverness Primary School, Inverness Middle School, and Citrus High School.

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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