NOT LISTED FOR SALE

7504 E Broyhill Place Inverness, FL 34450

Estimated Value: $522,000 - $748,000

3 Beds
2.5 Baths
2,539 Sq Ft
$248/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $588,900 $232 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,295/month

19 Days on Market

Highlights

  • Boathouse
  • Boat Ramp
  • Updated Kitchen
  • Lake Front
  • Two Primary Bedrooms
  • Open Floorplan

About This Home

As of February 2022

OPEN LAKEFONT. BEAUTIFUL TRADITONAL STYLE HOME. This 3 bedroom, 2.5 bath, 2 car garage home features 2 master suites plus guest room. Formal living and dining rooms. Kitchen has been completed updated and is ideal for casual dining with relaxing water views. French doors from kitchen open into Fla. Room and on to enclosed porch. Zoned HVAC. Newer boat house with electric lift. Workshop/storage building. City Water. Plenty of room for pool addition. This lovely home is perfectly located within minutes to down town, Withlacoochee Bike Trail and new Depot District and waterfront park.

Last Agent to Sell the Property

Pat Davis

Century 21 J.W.Morton R.E. License #152632 Listed on: 01/10/2022

Century 21 J.W.Morton R.E.

Last Buyer's Agent

Ocala Marion Member

Ocala Marion County Association Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,037

Year Built

  • Built in 1987

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 103x159
  • Lake Front
  • East Facing Home
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Property is zoned CLR

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Ridge Vents on the Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,539 Sq Ft Home
  • Open Floorplan
  • Single Hung Windows
  • Blinds
  • Fire and Smoke Detector
  • Laundry in Garage

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven
  • Range
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub with Shower
  • Separate Shower

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Room in yard for a pool
  • Boat Ramp
  • Boathouse
  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Broyhill Est. Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,037

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Ranch
  • Carport Y N: No
  • Directions: Hwy. 41 to Lt. on Eden Dr. to Lt. on Carnegie to Lt. at curve (Broyhill Dr.) to home on right.
  • Water Frontage Type: Lakefront
  • Garage Yn: Yes
  • Lot Size Acres: 0.38
  • Lot Size: 103x159
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Broyhill Est.
  • Year Built: 1987
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator, Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Breakfast Bar, Bathtub, Eat-in Kitchen, Main Level Master, Multiple Master Suites, Open Floorplan, Pantry, Split Bedrooms, Solid Surface Counters, Separate Shower, Tub Shower, Updated Kitchen, Walk-In Closet(s), Wood Cabinets, First Floor Entry
  • Living Area: 2539.0
  • Window Features: Blinds, Single Hung
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Stucco
  • Direction Faces: East
  • Exterior Features: Sprinkler/Irrigation, Landscaping, Concrete Driveway, Room For Pool
  • Foundation Details: Block, Slab
  • Lot Features: Flat, Rectangular
  • Other Structures: Storage, Workshop, Boat House
  • Pool Features: None
  • Roof: Asphalt, Shingle, Ridge Vents
  • Waterfront Features: Boat Ramp/Lift Access, Lake Front, Waterfront
  • Waterfront: Yes

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, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Laundry Features: In Garage
  • Security: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: High Speed Internet Available
  • 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: 16517.0
  • Zoning: CLR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3037.4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2022
Closed on
Feb 25, 2022
Sold by
Hale William K and Hale Sharon K
Bought by
Rao John W and Rao Nicole M
Seller's Agent
Pat Davis
Century 21 J.W.Morton R.E.
Buyer's Agent
Ocala Marion Member
Ocala Marion County Association Member
List Price
$588,000
Sold Price
$588,900
Premium/Discount to List
$900
0.15%
Current Estimated Value
$629,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,212
Avg. Annual Appreciation
1.82%
Original Mortgage
$588,000
Outstanding Balance
$547,041
Interest Rate
3.55%
Mortgage Type
VA
Estimated Equity
$82,071

Purchase Details

Closed on
Apr 2, 2020
Sold by
Hale William and Austin Hale Sharon
Bought by
Sorensen Kevin and Austin Jody

Purchase Details

Closed on
Feb 28, 2019
Sold by
Armstrong Suzanne
Bought by
Hale William and Austin Sharon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2007
Sold by
Mccarthy William and Mccarthy Marie V P
Bought by
Armstrong Suzanne

Purchase Details

Closed on
Apr 1, 1992
Bought by
Armstrong Suzanne

Purchase Details

Closed on
Jul 1, 1986
Bought by
Armstrong Suzanne

Purchase Details

Closed on
Aug 1, 1983
Bought by
Armstrong Suzanne

Purchase Details

Closed on
Feb 1, 1983
Bought by
Armstrong Suzanne

Purchase Details

Closed on
Mar 1, 1982
Bought by
Armstrong Suzanne
Source: Public Records

Range of Values:

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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
Rao John W $588,000 American Title Services
Sorensen Kevin -- Attorney
Hale William $310,000 Fidelity Title Services Llc
Armstrong Suzanne $285,000 American Title Services Of C
Armstrong Suzanne $108,000 --
Armstrong Suzanne $34,900 --
Armstrong Suzanne $25,000 --
Armstrong Suzanne $3,500 --
Armstrong Suzanne $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rao John W $588,000
Previous Owner Hale William $352,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2022 02/25/22 Sold $588,900 +0.2% $232 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $588,000 -- $232 / 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 $27 $378,803 -- --
2023 $27 $273,731 $0 $0
2022 $3,164 $245,973 $0 $0
2021 $3,037 $238,809 $0 $0
2020 $2,674 $248,951 $37,660 $211,291
2019 $3,748 $249,815 $37,660 $212,155
2018 $3,488 $230,183 $37,660 $192,523
2017 $3,305 $217,789 $37,660 $180,129
2016 $3,207 $209,227 $37,660 $171,567
2015 $2,831 $167,600 $38,210 $129,390
2014 $2,860 $163,600 $39,541 $124,059
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 808853

REALTORS® Association of Citrus County

APN: 20E-19S-21-0040-000A0-0170