NOT LISTED FOR SALE

8711 E Cresco Ln Inverness, FL 34450

Inverness Area

Estimated Value: $714,724 - $1,247,000

5 Beds
4 Baths
5,349 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: November 1, 2019

Last sale price $350,000 $65 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $5,325 / mo

163 Days on Market

Highlights

  • Boathouse
  • Golf Course Community
  • 1.23 Acre Lot
  • Lake Front
  • Primary Bedroom Suite
  • Lake Privileges

About This Home

As of November 2019

Oversized waterfront listing on Lake Davis within easy walking distance from the Inverness Golf & Country Club. This home includes a separate in-law suite and boathouse that will hold two boats plus has a workshop and separate full bath. The lot includes a large concrete sea wall and is almost 1 acre. 4 bedrooms & three baths not including the in-law suite or boathouse. Beautiful crown moldings thru out the home. Vaulted ceilings and ornate wood & tile floorings too. Sliding glass doors open to the back yard. Near the famed "Rails to Trails" recreational path. You can access five lakes from this location.

Last Agent to Sell the Property

John Holloway

The Holloway Group License #3051065 Listed on: 04/24/2019

Co-Listed By

John Holloway

The Holloway Group License #545063

Last Buyer's Agent

Lorraine O'Regan

Century 21 J.W.Morton R.E. License #3112536

Century 21 J.W.Morton R.E.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,101

Year Built

  • Built in 1968

Lot Details

  • 1.23 Acre Lot
  • Lake Front
  • Property fronts a county road
  • Irregular Lot
  • Landscaped with Trees
  • Property is zoned CLR

Parking

  • Circular Driveway

Home Design

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

Interior Spaces

  • 5,349 Sq Ft Home
  • Bookcases
  • Vaulted Ceiling
  • Blinds
  • Double Door Entry
  • French Doors

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Outdoor Features

  • Boathouse
  • Lake Privileges

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

Overview

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

Amenities

  • Shops
  • Clubhouse

Recreation

  • Golf Course Community
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,101

Year Built

Built in 1968

Lot Details

1.23 Acres

Listing Details

  • Architectural Style: Ranch
  • Carport Y N: No
  • Co List Office Phone: (352) 341-6210
  • Directions: 41 South to Eden Dr. Left on Eden Dr. Right on Old Floral City Rd. Left on Sandpiper Dr. Left on Country Club Dr. Left on Cresco Lane. Second on home on the right. (No Sign)
  • Water Frontage Type: Lakefront, Waterfront
  • Garage Yn: No
  • Lot Size Acres: 1.23
  • 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: 1968
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, French Doors
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Bookcases, Eat-in Kitchen, High Ceilings, In-Law Floorplan, Main Level Master, Master Suite, Tile Countertop, Tile Counters, Vaulted Ceiling(s), Walk-In Closet(s), French Door(s)/Atrium Door(s), First Floor Entry
  • Living Area: 5349.0
  • Window Features: Blinds

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Landscaping, Circular Driveway
  • Foundation Details: Block
  • Lot Features: Irregular Lot, Trees
  • Other Structures: Boat House
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront Features: Lake Privileges, Lake Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Circular Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Clubhouse, Community Pool, Golf, Shopping

Schools

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

Lot Info

  • Lot Size Sq Ft: 53687.0
  • Zoning: CLR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4101.0
  • Tax Year: 2018

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2019
Closed on
Nov 1, 2019
Sold by
Bought by
Seller's Agent
John Holloway
The Holloway Group
Buyer's Agent
Lorraine O'Regan
Century 21 J.W.Morton R.E.
List Price
$384,900
Sold Price
$350,000
Premium/Discount to List
-$34,900
-9.07%
Current Estimated Value
$893,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$543,908
Avg. Annual Appreciation
14.95%
Original Mortgage
$25,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2014
Sold by
Bought by

Purchase Details

Closed on
Oct 1, 1997
Bought by

Purchase Details

Closed on
Sep 1, 1997
Bought by

Purchase Details

Closed on
Jul 1, 1988
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$350,000 American Ttl Svcs Of Citrus
-- None Available
$139,500 --
$109,700 --
$192,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $200,000
Closed $250,000
Closed $25,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/01/2019 11/01/19 Sold $350,000 -9.1% $65 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $384,900 -- $72 / Sq Ft
Source: REALTORS® Association of Citrus County

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,989 $374,013
2024 $4,878 $363,472
2023 $4,878 $352,885 $0 $0
2022 $4,565 $342,607 $0 $0
2021 $4,383 $332,628 $0 $0
2020 $4,222 $323,114 $56,700 $266,414
2019 $4,696 $336,948 $56,700 $280,248
2018 $4,101 $266,692 $56,700 $209,992
2017 $2,767 $214,591 $59,500 $155,091
2016 $2,804 $210,177 $59,500 $150,677
2015 $2,848 $208,716 $59,500 $149,216
2014 $2,914 $207,060 $52,840 $154,220
Source: Public Records

Agents Affiliated with this Home

  • John Holloway

    Seller's Agent in 2019

    John Holloway

    The Holloway Group

    (352) 464-3544

    11 in this area

    141 Total Sales

    John Holloway
    Section Image

  • L

    Buyer's Agent in 2019

    Lorraine O'Regan

    Century 21 J.W.Morton R.E.

    Section Image
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Map

Source: REALTORS® Association of Citrus County

MLS Number: 782501

REALTORS® Association of Citrus County

APN: 20E-19S-22-0020-000A0-0190

Florida Citrus County Inverness 34450

8711 E Cresco Ln, Inverness, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTORS® Association of Citrus County IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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