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414 Lake St, Inverness, FL, 34450

$585,000

Home List Price

$6,947*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
3,156 SqFt
$185/SqFt
House

Location

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414 Lake St, Inverness$585,000

Buyer Closing Credits

$6,947*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Boat, Driveway, Detached, Garage, RV Access/Parking
Garage1 space
Year Built1905
HeatingHeat Pump
CoolingCentral Air, Electric
WaterfrontLake Front, Waterfront
MLS #838225
Lot Size0.59 Acres
StatusActive

About 414 Lake St

For heaven's sake, run down to check out Lake! This home is full of charm and character around every turn. Built in 1905 5/3.5/1(DETACHED GARAGE), two story Victorian home. Inside you will 3152 living area which is nestled on over a 1/2 acre parcel on Little Lake Henderson. This historic waterfront home known as the Baxter Morrison House was built shortly after the iconic Victorian style courthouse was erected in the 1890's & later became the historic 1912 Courthouse. Baxter Morrison was the founder of the Waterwork & Ice Plant, owner of 1st Buick Dealership in the County & developer of the Inverness Moss Company after the Depression. This home is a large part of the history of the Town of Inverness and its zoning allows for high density, residential or a multitude of business uses. Home features a spacious wrap around front corner porch, 32x20 rear deck w/ serene waterfront views, detached one car garage, dock & boat house. Interior features a 15x14 parlor w/ fireplace, formal dining, living room w/ fireplace, kitchen w/ nook & walk in pantry, interior laundry & five spacious bedrooms upstairs w/ additional fireplace. There are many trails, boarding and training locations all around. There are some awesome local fishing spots to explore, great biking trails and bird watching sanctuaries near by. You will be close enough to the water to enjoy and far enough away to be safe (HIGH AND DRY).Some of the best fishing in the world can be found in our rivers, lakes and bays. you can catch a bass, crappie, trout, red fish, snook, grouper, mackerel, black sea bass and scallops.... all on the same trip. Great locally owned cuisine and shops that are sprinkled throughout the area. Citrus County will be a joy to visit and certainly worth a second look! Also, the centralized location makes for a short trip to Ocala (HORSE CAPITAL OF THE WORLD), Gainesville, Tampa, St Pete, Orlando and the rest of the beauty that Central Florida has to offer. Citrus county has 9 public and 5 private golf courses

Property Details

Property Features

Property Information:

  • Architectural Style: MultiLevel, Victorian
  • Year Built: 1905
  • Living Area: 3,156 SqFt

Listing Office:

  • Office Name: Tropic Shores Realty
  • Office Phone: (352) 503-4780

Interior Features

Interior Information:

  • Appliances: Electric Oven, Refrigerator, Water Heater
  • Flooring Type: Wood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, Waterfront

Parking Information:

  • Garage Space: 1 space
  • Parking: Concrete, Boat, Driveway, Detached, Garage, RV Access/Parking

Lot Features

Lot Information:

  • Lot: Waterfront
  • Lot Size: 0.59 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: 44 e , L on Seminole, L on Lake, home on R

Price Information

Listing Price Info

Price Summary:

  • List Price: $585,000
  • Price Per SqFt: $185/SqFt

Tax Information:

  • Annual Amount: $1,402
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Inverness, FL.

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Inverness, FL

City

Med. Sold Price

$250K

Med. Price/SqFt

$181

Avg. Days On Market

69

# of Sold Homes

60

414 Lake St vs Inverness

30 DAYS ON ROCKET

-39 Days

$585,000

+$335K More

$185/SqFt

+$4 More

KEY TAKEAWAY

This property is $335K more than the Median Sold Price and $4/SqFt more than other homes in Inverness, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CitrusCounty
  • MLS Number: #838225

Listing Office:

  • Office Name: Tropic Shores Realty
  • Office Phone: (352) 503-4780

Information is provided by Realtors® Association of Citrus County, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Realtors® Association of Citrus County, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 6:16:09 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 03, 2020Home Sold
$330,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,402$273,328
2019$1,371$105,360
2018$1,336$103,395
2017$1,336$101,268

History based on county public records data.

Payment Calculator

$2,987

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,820

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-898855
4
/10

  • Inverness Primary School

  • 206 S Line Ave

  • 0.55 miles

  • Public District Grades PK-5

school-card-donut-898856
6
/10

  • Pleasant Grove Elementary School

  • 630 Pleasant Grove Rd

  • 1.55 miles

  • Public District Grades PK-5

school-card-donut-898857
6
/10

  • Hernando Elementary School

  • 2975 E Trailblazer Ln

  • 4.88 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,811. The most common annual income of people living in Inverness, FL is less than $35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 414 Lake St

What is the listing price of this property?

The listing price of 414 Lake St property is $585,000.

What type of property is this?

The property 414 Lake St is a house located in Inverness, Florida, 34450.

Is this property for sale now?

Active Listing: 414 Lake St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,402 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 3, 2020 for $330,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 414 Lake St has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 414 Lake St is 3,156 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 414 Lake St is 1905.

Rocket Homes›Florida›Citrus County›Inverness›34450›414 Lake St

This home is located at 414 Lake St in Inverness, FL and zip code 34450. This 3,156 square foot home, which was built in 1905, sits on a 0.59 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $585,000.

In November 2024 more than 11 listings in Inverness, FL were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 34 were sold below. In November 2024 in Inverness, FL there were 4.6% more homes for sale than in October 2024. Listings spent 69 days on the market in November 2024, and had a median list price of $250,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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