$288,000
SOLD SEP 4, 2018

8427 E Cresco Ln Inverness, FL 34450

4 Beds
3 Baths
2,652 Sq Ft
0.53 Acres

Recently Sold

$109 Per Sq Ft

4% Below List Price

72 Days on Market

Highlights

  • Boathouse
  • Golf Course Community
  • In Ground Pool
  • Lake Front
  • Water Access
  • Primary Bedroom Suite

About This Home

As of February 2025

LAKE HOUSE IN A GREAT NEIGHBORHOOD. You will love everything about this 4 Bedroom/3 Bath/2.5 car garage, half acre Pool Home nestled on Davis Lake. (Access to Spivey, Big & Little Lake Henderson) Yes, the location is exquisite since you are part of Inverness Country Club, in a neighborhood w/similar homes, & on a cul-de-sac but you will also love the size, along w/ how the home flows around the Pool Area. Your dream kitchen is huge w/tons of counter & cupboard space, eat in area, & access to the pool area. Your master suite is the perfect size with 3 closets, beautiful remodeled bath, & private to the rest of the home. The guest area has 3 large bedrooms along with a full bath. The living area includes family room, formal dining room & living room. As mentioned, the home is the perfect layout but the Lanai/Pool Area overlooking the lake is priceless especially since there is no development across the lake. There is so much more-see picture section for a list of features & improvements.

Last Agent to Sell the Property

David Collins

LPT Realty, LLC License #3245634

LPT Realty, LLC

Last Buyer's Agent

Out of Area Non Member

Various Associations in Florida

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,421

Year Built

  • Built in 1972

Lot Details

  • 0.53 Acre Lot
  • Lake Front
  • Home fronts a seawall
  • Property fronts a county road
  • Cul-De-Sac
  • Rectangular Lot
  • Level Lot
  • Landscaped with Trees
  • Property is zoned CLR

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,652 Sq Ft Home
  • Bookcases
  • Vaulted Ceiling
  • Blinds
  • Lake Views
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Stone
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks

Pool

  • In Ground Pool
  • Screen Enclosure

Outdoor Features

  • Water Access
  • Boathouse
  • Lake Privileges
  • Shed

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

Overview

  • No Home Owners Association
  • Davis Lake Golf Est. Subdivision

Amenities

  • Shops
  • Restaurant
  • Clubhouse

Recreation

  • Golf Course Community
  • Putting Green

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,421

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Architectural Style: Ranch
  • Carport Y N: No
  • Directions: 41 to Eden Road East. Right on Old Floral City Rd. Left on Sandpiper. Left on Country Club Dr. Left on Cresco. Home will be on Right.
  • Water Frontage Type: Lakefront, Waterfront
  • Garage Yn: Yes
  • Lot Size Acres: 0.53
  • 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
  • Subdivision Name: Davis Lake Golf Est.
  • Year Built: 1972
  • Special Features: VirtualTour

Interior Features

  • Appliances: Double Oven, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Range Hood
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile, Laminate, Stone
  • Interior Amenities: Bookcases, Dual Sinks, Eat-in Kitchen, High Ceilings, Main Level Master, Master Suite, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 2652.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Landscaping, Concrete Driveway
  • Foundation Details: Block
  • Lot Features: Cul-De-Sac, Flat, Rectangular, Trees
  • Other Structures: Shed(s), Boat House
  • Pool Features: Concrete, In Ground, Pool, Screen Enclosure
  • Roof: Asphalt, Shingle
  • View: Lake, Water
  • View: Yes
  • Waterfront Features: Lake Privileges, Seawall, Water Access, Lake Front, Waterfront
  • Waterfront: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Clubhouse, Golf, Putting Green, Restaurant, Shopping, Gated

Lot Info

  • Lot Size Sq Ft: 23279.0
  • Zoning: CLR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1421.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2024
Closed on
Feb 18, 2025
Sold by
Davis Leland and Davis Deborah
Bought by
Liggett Keith Sturm and Liggett Susan
Seller's Agent
Terry Sobzak
FLORIDA REALTY INVESTMENTS
Buyer's Agent
Terry Sobzak
FLORIDA REALTY INVESTMENTS
List Price
$690,000
Sold Price
$660,000
Premium/Discount to List
-$30,000
-4.35%
Total Days on Market
72
Views
17
Current Estimated Value
$648,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,017
Avg. Annual Appreciation
-6.51%

Purchase Details

Listed on
May 25, 2018
Closed on
Aug 4, 2018
Sold by
Gray Linda A
Bought by
Davis Leland and Davis Deborah
Seller's Agent
David Collins
LPT Realty, LLC
Buyer's Agent
Out of Area Non Member
Various Associations in Florida
List Price
$299,900
Sold Price
$288,000
Premium/Discount to List
-$11,900
-3.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%
Original Mortgage
$229,600
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1998
Bought by
Gray Linda A

Purchase Details

Closed on
Jul 1, 1983
Bought by
Gray Linda A

Map

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $660,000 Hillsborough Title
Warranty Deed $660,000 Hillsborough Title
Warranty Deed $288,000 First International Title In
Deed $149,000 --
Deed $136,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $229,600 New Conventional
Previous Owner $162,000 New Conventional
Previous Owner $185,000 Fannie Mae Freddie Mac
Previous Owner $25,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Sold $660,000 -2.8% $244 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
01/16/2025 01/16/25 Price Changed $679,000 -1.6% $251 / Sq Ft
12/19/2024 12/19/24 For Sale $690,000 +139.6% $255 / Sq Ft
09/04/2018 09/04/18 Sold $288,000 -4.0% $109 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
05/25/2018 05/25/18 For Sale $299,900 -- $113 / Sq Ft
Source: REALTORS® Association of Citrus County

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 $2,579 $205,340 -- --
2023 $2,579 $199,359 $0 $0
2022 $2,415 $193,552 $0 $0
2021 $2,233 $181,921 $0 $0
2020 $2,133 $232,806 $25,200 $207,606
2019 $3,606 $237,576 $25,200 $212,376
2018 $1,429 $157,121 $25,200 $131,921
2017 $1,421 $126,840 $27,200 $99,640
2016 $1,434 $124,231 $27,200 $97,031
2015 $1,426 $121,779 $27,200 $94,579
2014 $1,570 $127,600 $28,704 $98,896
Source: Public Records

Source: REALTORS® Association of Citrus County

MLS Number: 773964

REALTORS® Association of Citrus County

APN: 20E-19S-22-0030-000G0-0070