NOT LISTED FOR SALE

825 S Gray Way Inverness, FL 34450

Estimated Value: $165,000 - $206,000

2 Beds
1.5 Baths
980 Sq Ft
$184/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $160,000 $163 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $995/month

4 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Separate Outdoor Workshop
  • Room in yard for a pool
  • Fenced Yard
  • Solid Wood Cabinet

About This Home

As of August 2024

Presenting a fantastic opportunity to invest in Inverness...charming 2-bedroom, 1.5-bathroom home with 980 living priced at just $175,000. This delightful property boasts a spacious living area with an open floor plan, a dining room, interior laundry, and a breakfast bar. The home comes equipped with appliances and updated windows, ensuring comfort and efficiency. Additional features include a .32 acre parcel, rear screened porch, rear fencing, a shed, carport, and a utility building with plumbing. The roof was updated in 2014 and the HVAC in 2022. Conveniently located to local lakes, downtown Inverness, shopping, schools, and restaurants. Don't miss out on this exceptional value!

Last Agent to Sell the Property

Tomika Spires-Hanssen

Keller Williams Realty - Elite Partners II License #696338 Listed on: 07/23/2024

Keller Williams Realty - Elite Partners II

Co-Listed By

Kimberly Mkhwane

Keller Williams Realty - Elite Partners II License #3187443

Last Buyer's Agent

Tomika Spires-Hanssen

Keller Williams Realty - Elite Partners II License #696338 Listed on: 07/23/2024

Keller Williams Realty - Elite Partners II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $556

Year Built

  • Built in 1968

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 120x115
  • Property fronts a county road
  • Fenced Yard
  • Chain Link Fence
  • Landscaped
  • Property is zoned CLR

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Blinds
  • Sliding Doors
  • Laminate Flooring
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Laminate Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Bathtub with Shower

Parking

  • 1 Parking Space
  • Attached Carport
  • Driveway

Outdoor Features

  • Room in yard for a pool
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Shed

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Heater
  • Water Softener is Owned
  • Septic Tank

Community Details

  • No Home Owners Association
  • Hickory Hill Retreats Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$556

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Architectural Style: Ranch, One Story
  • Carport Y N: Yes
  • Co List Office Phone: (352) 419-0200
  • Directions: Hwy 41 S, Turn left onto FL-44 E, Turn left onto E Fernwood Pl, Turn left onto S Gray Way
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 0.32
  • Lot Size: 120x115
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Building Stories: 1
  • Subdivision Name: Hickory Hill Retreats
  • Year Built: 1968
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Microwave, Oven, Range, Refrigerator, Water Softener Owned, Water Heater
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Flooring: Laminate, Tile
  • Interior Amenities: Breakfast Bar, Laminate Counters, Main Level Primary, Primary Suite, Open Floorplan, Split Bedrooms, Tub Shower, Wood Cabinets, Window Treatments, First Floor Entry, Sliding Glass Door(s)
  • Living Area: 980.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Landscaping, Lighting, Concrete Driveway, Room For Pool
  • Fencing: Chain Link, Yard Fenced
  • Foundation Details: Block
  • Other Structures: Shed(s), Storage, Workshop
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: Attached Carport, Concrete, Driveway
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry - Living Area
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 13800.0
  • Zoning: CLR

Tax Info

  • Tax Annual Amount: 556.31
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Aug 30, 2024
Sold by
Kearney Robert
Bought by
Cino John Joseph and Cino Lisa C
Seller's Agent
Tomika Spires-Hanssen
Keller Williams Realty - Elite Partners II
Buyer's Agent
Tomika Spires-Hanssen
Keller Williams Realty - Elite Partners II
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Views
15
Current Estimated Value
$180,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,361
Avg. Annual Appreciation
9.58%
Original Mortgage
$185,000
Outstanding Balance
$182,529
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$2,168

Purchase Details

Closed on
Sep 3, 2019
Sold by
Carmack Casey J and Kearney Robert
Bought by
Kearney Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2015
Closed on
Jul 30, 2015
Sold by
Banks John M and Estate Of Barbara Banks
Bought by
Carmack Casey J and Kearney Robert
Seller's Agent
Michael Rutkowski
ERA American Suncoast Realty
Buyer's Agent
Anthony Moudis
Tropic Shores Realty
List Price
$80,000
Sold Price
$54,500
Premium/Discount to List
-$25,500
-31.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.20%
Original Mortgage
$44,500
Interest Rate
9%
Mortgage Type
Amount Keyed Is An Aggregate Amount

Purchase Details

Closed on
Jan 21, 2005
Sold by
Huskey Creed and Huskey Betty
Bought by
Banks Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1997
Bought by
Carmack Casey J and Kearney Robert

Purchase Details

Closed on
Aug 1, 1993
Bought by
Carmack Casey J and Kearney Robert

Purchase Details

Closed on
Feb 1, 1991
Bought by
Carmack Casey J and Kearney Robert

Purchase Details

Closed on
Jan 1, 1990
Bought by
Carmack Casey J and Kearney Robert
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
Cino John Joseph $160,000 Red Door Title
Kearney Robert -- Land Ttl Of Citrus Cnty Inc
Carmack Casey J $54,500 Land Title Citrus County Inc
Banks Barbara $74,000 American Title Services Of C
Carmack Casey J $42,000 --
Carmack Casey J $37,000 --
Carmack Casey J $32,000 --
Carmack Casey J $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cino John Joseph $185,000
Previous Owner Kearney Robert $64,000
Previous Owner Carmack Casey J $44,500
Previous Owner Banks Barbara $59,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $160,000 -8.6% $163 / Sq Ft
07/27/2024 07/27/24 Pending -- -- --
07/23/2024 07/23/24 For Sale $175,000 +221.1% $179 / Sq Ft
08/01/2015 08/01/15 Sold $54,500 -31.9% $56 / Sq Ft View Prior Sale
07/02/2015 07/02/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $80,000 -- $82 / 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 $561 $130,613 $20,000 $110,613
2024 $556 $54,735 -- --
2023 $556 $53,141 $0 $0
2022 $534 $51,593 $0 $0
2021 $522 $50,090 $0 $0
2020 $459 $67,130 $9,060 $58,070
2019 $447 $57,912 $9,060 $48,852
2018 $417 $47,387 $4,250 $43,137
2017 $732 $42,594 $4,250 $38,344
2016 $693 $38,302 $4,250 $34,052
2015 $661 $35,698 $4,250 $31,448
2014 $665 $34,700 $6,991 $27,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 835599

REALTORS® Association of Citrus County

APN: 20E-19S-11-0030-00140-0030