NOT LISTED FOR SALE

7600 E Rustic Trail Inverness, FL 34453

Estimated Value: $425,000 - $456,000

3 Beds
2 Baths
1,831 Sq Ft
$240/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $465,000 $254 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,731/month

228 Days on Market

Highlights

  • Lake Front
  • No HOA
  • Detached Carport Space
  • 1.61 Acre Lot
  • 4 Car Detached Garage
  • Central Air

About This Home

As of May 2024

Back on the market, buyer financing fell through. MOTIVATE SELLER!! A beautiful one of kind, unique rarest waterfront peninsula and rarest piece of real estate in Citrus County! This waterfront property with lush landscaping and numerous amenities seems like a fantastic opportunity for anyone seeking a peaceful and convenient living environment. This1.7 acres unique property is situated on a waterfront peninsula, which is a rare and has desirable feature. located in the heart of Inverness, offering easy access to shopping, restaurants, parks, theaters, and more. With 1.7 acres of land, the property provides ample space for various outdoor activities and landscaping possibilities. The property boasts 1375 feet of waterfront, overlooking 5 canals. This offers picturesque views and potentially water-based recreational activities. The 3-bedroom, 2-bathroom home has been remodeled. The inclusion of new bathrooms and vinyl flooring suggests modern upgrades that enhance the living experience. The home's open floor plan is likely designed to create a spacious and comfortable living area. The presence of a 30x50 foot RV parking garage and a 30x50 foot carport offers ample space for parking vehicles and additional storage. Boat dock, for fishing and boating enthusiasts, the property's boat dock is a valuable feature. It allows for easy access to Tsala Apopka Lake and the Flying Eagle Wildlife Management area, fishing and outdoor activities. The proximity to Tsala Apopka Lake and the wildlife management area offers opportunities for fishing, hiking, and enjoying the natural surroundings.

Last Agent to Sell the Property

Kevin Bryceland

Ranch Realty License #3339206 Listed on: 09/01/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,380

Year Built

  • Built in 1994

Lot Details

  • 1.61 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Property is zoned CLRMH

Parking

  • 4 Car Detached Garage
  • Detached Carport Space
  • Gravel Driveway

Home Design

  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,831 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Hernando Elementary School
  • Inverness Middle School
  • Citrus High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Water Purifier is Owned
  • Septic Tank

Community Details

  • No Home Owners Association
  • Point Lonesome Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,380

Year Built

Built in 1994

Lot Details

0

Parking

4

Listing Details

  • Architectural Style: Ranch, One Story
  • Carport Y N: Yes
  • Directions: From US 41 North take E Dampier Street to North on Ella Ave to E Turner Camp Rd to North on N Dee River Rd, to E Rustic Trail, home is at the end of the Street.
  • Water Frontage Type: Lakefront, Waterfront
  • Garage Yn: Yes
  • Unit Levels: One
  • Lot Size Acres: 1.61
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Building Stories: 1
  • Subdivision Name: Point Lonesome
  • Year Built: 1994
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Some Propane Appliances, Dishwasher, Gas Oven, Gas Range, Microwave, Water Purifier Owned, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Vinyl
  • Living Area: 1831.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Gravel Driveway
  • Foundation Details: Block, Slab
  • Lot Features: Acreage
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront Features: Lake Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Detached Carport, Driveway, Detached, Garage, Gravel
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hernando Elementary
  • High School: Citrus High
  • Middle Or Junior School: Inverness Middle

Lot Info

  • Lot Size Sq Ft: 70124.0
  • Zoning: CLRMH
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1379.84
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
May 22, 2024
Sold by
Bianco Enterprises Llc
Bought by
Riley Roy and Riley Cathy
Seller's Agent
Kevin Bryceland
Ranch Realty
List Price
$500,000
Sold Price
$465,000
Premium/Discount to List
-$35,000
-7%
Views
153
Current Estimated Value
$439,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,712
Avg. Annual Appreciation
-3.49%

Purchase Details

Closed on
May 18, 2023
Sold by
Boice George W and Boice Harrilee
Bought by
Bianco Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,567
Interest Rate
6.28%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 2, 2004
Sold by
Boice Sandra R and Boice Carey E
Bought by
Boice Sandra R

Purchase Details

Closed on
May 22, 2002
Sold by
Boice Anna M
Bought by
Boice George W and Boice Sandra R

Purchase Details

Closed on
Aug 1, 1996
Bought by
Boice George W and Morelli Harrilee Letitia

Purchase Details

Closed on
Jul 1, 1987
Bought by
Boice George W and Morelli Harrilee Letitia

Purchase Details

Closed on
Apr 1, 1986
Bought by
Boice George W and Morelli Harrilee Letitia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Riley Roy $456,500 None Listed On Document
Bianco Enterprises Llc $200,000 First International Title
Boice Sandra R -- --
Boice George W -- --
Boice George W $100 --
Boice George W $35,000 --
Boice George W $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bianco Enterprises Llc $244,567
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2024 05/22/24 Sold $465,000 -2.1% $254 / Sq Ft
04/17/2024 04/17/24 Pending -- -- --
03/20/2024 03/20/24 Price Changed $475,000 -5.0% $259 / Sq Ft
03/01/2024 03/01/24 For Sale $500,000 +7.5% $273 / Sq Ft
02/29/2024 02/29/24 Off Market $465,000 -- --
02/16/2024 02/16/24 Price Changed $500,000 -2.0% $273 / Sq Ft
01/18/2024 01/18/24 Price Changed $510,000 -3.7% $279 / Sq Ft
01/01/2024 01/01/24 Price Changed $529,600 -3.7% $289 / Sq Ft
11/23/2023 11/23/23 Price Changed $550,000 -3.3% $300 / Sq Ft
11/02/2023 11/02/23 Price Changed $568,900 -1.7% $311 / Sq Ft
10/19/2023 10/19/23 Price Changed $578,900 -0.2% $316 / Sq Ft
10/04/2023 10/04/23 Price Changed $579,900 -1.7% $317 / Sq Ft
09/22/2023 09/22/23 Price Changed $590,000 -1.7% $322 / Sq Ft
09/01/2023 09/01/23 For Sale $600,000 -- $328 / 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
2025 $5,142 $319,117 $46,500 $272,617
2024 $1,475 $335,567 $46,500 $289,067
2023 $1,475 $128,396 $0 $0
2022 $1,380 $124,656 $0 $0
2021 $1,323 $121,025 $0 $0
2020 $1,260 $179,645 $15,910 $163,735
2019 $1,240 $158,701 $15,910 $142,791
2018 $1,210 $138,317 $15,910 $122,407
2017 $1,202 $112,141 $13,920 $98,221
2016 $1,212 $109,834 $18,870 $90,964
2015 $1,217 $109,071 $16,630 $92,441
2014 $1,304 $112,010 $23,114 $88,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 826618

REALTORS® Association of Citrus County

APN: 20E-18S-28-0000-1A000-1760