26 days on rocket

7420 E Gospel Island Rd, Inverness, FL, 34450

$329,000

Home List Price

$3,907*

Closing Credit

3 Bedrooms
2 Full Baths
1,704 SqFt
$193/SqFt
House

Location

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7420 E Gospel Island Rd, Inverness$329,000

Buyer Closing Credits

$3,907*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached Carport, Driveway, Carport
Year Built1959
HeatingHeat Pump
CoolingCentral Air, Electric
WaterfrontLake Front, Waterfront
FireplaceWood Burning
MLS #839157
Lot Size0.46 Acres
StatusActive

About 7420 E Gospel Island Rd

This is a peaceful waterfront retreat situated in Inverness, Florida, just a couple of miles from downtown Inverness. This home is on Lake Pocono/Freds lake. Great Lake for fishing, kayaking and small boats. Pulling into the front through the gate you will notice a nicely manicured yard. New 2024 carport. Front porch is great for early mornings with coffee. Open living space is tiled and has a wood burning fireplace. Kitchen is bright with natural lighting offered by a skylight. Granite countertops and wood cabinets, some with lights inside and even a mini fridge in the island for your extra beverages. This is a split plan home with decent sized guest bedrooms and built-in closets. The primary bedroom has an abundance of room and lots of closet space. Inside laundry room or use a pantry for all your extra kitchen items. The Florida room is a perfect space to turn into a great sitting room or even an office so you can overlook the backyard view of the lake and the gorgeous oaks that are out there. Beautiful pavers occupy the patio outside where you can spend all your time grilling out, entertaining, reading a book or just relaxing and enjoying the view. A 12 x 14 shed is perfect for all your extra yard equipment, etc. There is also a small dock to tie your boat up too. Get it today.

Property Details

Property Features

Property Information:

  • Architectural Style: OneStory
  • Year Built: 1959
  • Stories: 1
  • Living Area: 1,704 SqFt

Listing Office:

  • Office Name: Sellstate Next Generation Real
  • Office Phone: (352) 387-2383

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Water Heater
  • Flooring Type: Laminate, Tile
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, Waterfront
  • Exterior: Rain Gutters

Parking Information:

  • Parking: Detached Carport, Driveway, Carport

Lot Features

Lot Information:

  • Lot: Waterfront
  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Inverness, take North Apopka towards liberty Park turn right on Gospel Island Road follow around and the house will be on the right hand side see my sign

Price Information

Listing Price Info

Price Summary:

  • List Price: $329,000
  • Price Per SqFt: $193/SqFt

Tax Information:

  • Annual Amount: $953
  • 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

7420 E Gospel Island Rd vs Inverness

26 DAYS ON ROCKET

-43 Days

$329,000

+$79K More

$193/SqFt

+$12 More

KEY TAKEAWAY

This property is $79K more than the Median Sold Price and $12/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: #839157

Listing Office:

  • Office Name: Sellstate Next Generation Real
  • Office Phone: (352) 387-2383

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: 12/18/2024, 7:16:09 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

Apr 07, 2016Home Sold
$150,000
Jun 21, 2006Home Sold
$100,000

Tax History

YEARPROP. TAXASSESSMENT
2020$953$110,420
2019$903$96,477
2018$1,105$94,678
2017$1,105$106,334

History based on county public records data.

Payment Calculator

$1,710

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,053

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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-4433098
4
/10

  • Inverness Primary School

  • 206 S Line Ave

  • 2.34 miles

  • Public District Grades PK-5

school-card-donut-4433099
6
/10

  • Pleasant Grove Elementary School

  • 630 Pleasant Grove Rd

  • 3.42 miles

  • Public District Grades PK-5

school-card-donut-4433100
6
/10

  • Hernando Elementary School

  • 2975 E Trailblazer Ln

  • 5.25 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 $38,204. The majority of Inverness, FL residents have income between $35k-100k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7420 E Gospel Island Rd

What is the listing price of this property?

The listing price of 7420 E Gospel Island Rd property is $329,000.

What type of property is this?

The property 7420 E Gospel Island Rd is a house located in Inverness, Florida, 34450.

Is this property for sale now?

Active Listing: 7420 E Gospel Island Rd 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 $953 (source: MLS/based on county public records data).

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

The last sale was on April 7, 2016 for $150,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7420 E Gospel Island Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7420 E Gospel Island Rd is 1,704 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7420 E Gospel Island Rd is 1959.

Rocket Homes›Florida›Citrus County›Inverness›34450›7420 E Gospel Island Rd

This home is located at 7420 E Gospel Island Rd in Inverness, FL and zip code 34450. This 1,704 square foot home, which was built in 1959, sits on a 0.46 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $329,000.

While more than 11 listings in Inverness, FL in November 2024 were sold above asking price, there were more than 15 listings sold at asking price, and more than 34 were sold below. The number of listings in Inverness, FL increased by 4.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 69 days, the median list price was $250,000.

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

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