$660,000
SOLD FEB 18, 2025

8427 E Cresco Ln Inverness, FL 34450

4 Beds
3 Baths
2,706 Sq Ft
0.53 Acres

Recently Sold

$244 Per Sq Ft

4% Below List Price

32 Days on Market

About This Home

As of February 2025

This is what you have been waiting for, this Lake Front home has all the wants on your wish list! It has 4 Bedrooms and 3 bathrooms ready for family and friends to come and enjoy the serenity of Inverness living.RENOVATIONS...WOW: New Roof with 50 year Owens Corning Warranty, New exterior paint, New Beautiful Front Doors, High end Granite in the kitchen, New Kentico water treatment system with reverse osmosis, Pool resurfaced, deck with pavers, Salt water pool system and Solar panels for heating the pool. There is a deck that goes past the sea wall for docking a boat and of course there is a boat house to store your boat. The yard is over half an acre and plenty of space between homes on a Cull de sac in a golf community with NO HOA!The pictures show the peacefulness that all of our minds crave...come and see and feel it for yourself.

Last Agent to Sell the Property

Terry Sobzak

FLORIDA REALTY INVESTMENTS Brokerage Phone: 407-207-2220 License #3146468 Listed on: 12/19/2024

FLORIDA REALTY INVESTMENTS

Last Buyer's Agent

Terry Sobzak

FLORIDA REALTY INVESTMENTS Brokerage Phone: 407-207-2220 License #3146468 Listed on: 12/19/2024

FLORIDA REALTY INVESTMENTS

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,579

Year Built

1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Brick, Stucco
  • Fireplace: No
  • Living Area: 2706
  • Lot Size Acres: 0.53
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 3416
  • Lot Size Sq Ft: 23279
  • Directions to Property: Please use GPS
  • Status: Sold
  • Street Direction: E
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1049636
  • Minimum Lease: 8-12 Months
  • RATIO Current Price By Calculate: 243.90
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Covered,Dock w/Electric
  • MFR_DockYN: 1
  • Attribution Contact: 407-207-2220
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), L Dining, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Water Filtration System
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Street Number Modifier: 8427
  • Living Area Meters: 251.40
  • Room Count: 5

Exterior Features

  • Direction Faces: South
  • Other Structures: Boat House, Shed(s), Storage
  • Pool Features: Gunite, In Ground, Pool Sweep, Salt Water, Solar Heat
  • Exterior Features: Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: Yes
  • View: Water
  • Water Body Name: DAVIS LAKES
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water Access: Lake,Lake - Chain of Lakes
  • Water Extras: Boathouse
  • Water Extras YN: 1
  • Water View: Lake,Lake - Chain of Lakes
  • Water View YN: 1
  • Waterfront Feet Total: 120
  • Flood Zone Date: 2014-09-26
  • Flood Zone Panel: 12017C0358D
  • Water Frontage Feet Lake: 120

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: CLR
  • Parcel Number: 20E-19S-22-0030-000G0-0070
  • Additional Parcels: No
  • Lot Features: Cleared, Cul-De-Sac, City Limits, In County, Landscaped, Near Golf Course
  • Flood Zone Code: X500
  • Homestead YN: 1
  • Lot Size Square Meters: 2163

Green Features

  • Efficiency: Doors, Windows
  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Normal 8-12 month min

Tax Info

  • Tax Annual Amount: 2579
  • Tax Block: G
  • Tax Book Number: 4-76
  • Tax Lot: 7

Multi Family

  • Waterfront Features: Lake Front, Lake Privileges

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%
Views
17
Current Estimated Value
$650,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,400
Avg. Annual Appreciation
-2.07%

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
Source: Public Records

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Range of Values:

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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: Stellar MLS

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 $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

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: TB8331560

Stellar MLS

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