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For sale
  • Price cut: $15K (6/18)
    $180,000

    507 Lake St, Inverness, FL 34450

    3beds
    816sqft
    : 
    $1,239/mo
    Get pre-qualified
    Single Family Residence
    Built in 1950
    3,920 Square Feet Lot
    $-- Zestimate®
    $221/sqft
    $-- HOA

    What's special

    Lake viewsDetailed trimCharacter-filled older home
    Picture a character-filled older home set just steps from the heart of downtown, where everything you need is within an easy stroll—cafés, small shops, weekend markets, and the quiet hum of a close-knit community. The house itself carries the charm of another era: a front porch great for slow mornings, inside, you might find built-ins, detailed trim, and a layout that feels both cozy and storied, with each room offering its own sense of warmth. What truly sets it apart, though, are the lake views. From the backyard, a balcony, or even a sunroom, the water becomes part of daily life—glassy and calm at sunrise, shimmering in the afternoon, and reflecting soft colors at dusk. There’s often a gentle breeze coming off the lake, carrying that fresh, open-air feeling that’s hard to replicate. It’s the kind of place where you can enjoy the energy of downtown whenever you want, then retreat home to something peaceful, scenic, and full of personality.
    112 days
    |
    185
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary Chapman 352-476-4988,

    Landmark Realty

    Source: Realtors Association of Citrus County,MLS#: 854144MLS LogoOriginating MLS: Realtors Association of Citrus County

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Electric Cooktop, Refrigerator
      Features
      • Laminate Counters, Main Level Primary
      • Flooring: Laminate
      Interior area
      • Total structure area: 816
      • Total interior livable area: 816 sqft

      Property

      Parking
      • Parking features: Concrete, Driveway
      • Has uncovered spaces: Yes
      Features
      • Exterior features: Concrete Driveway
      • Pool features: None
      • Fencing: Chain Link
      Lot
      • Size: 3,920 Square Feet
      • Features: Irregular Lot
      Details
      • Additional structures: Shed(s)
      • Parcel number: 1753872
      • Zoning: LMD
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Florida
      • Property subtype: Single Family Residence
      Materials
      • Block, Concrete
      • Foundation: Block
      • Roof: Asphalt,Shingle
      Condition
      • New construction: No
      • Year built: 1950

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: City of Inverness
      HOA
      • Has HOA: No
      Location
      • Region: Inverness

      Financial & listing details

      • Price per square foot: $221/sqft
      • Tax assessed value: $97,107
      • Annual tax amount: $1,699
      • Date on market: 4/21/2026
      • Cumulative days on market: 282 days
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/18/2026Price change$180,000-7.7%$221/sqft
        Source: Realtors Association of Citrus County #854144 Report a problem
        4/21/2026Listed for sale$195,000+1103.7%$239/sqft
        Source: Realtors Association of Citrus County #854144 Report a problem
        10/20/2010Sold$16,200-12.4%$20/sqft
        Source: Public Record Report a problem
        10/8/2010Pending sale$18,500$23/sqft
        Source: RE/MAX Realty One #343713 Report a problem
        10/2/2010Price change$18,500-17.8%$23/sqft
        Source: RE/MAX Realty One #343713 Report a problem
        8/8/2010Listed for sale$22,500$28/sqft
        Source: RE/MAX Realty One #343713 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,699 +11.3%$71,663 +10%
        2024$1,526 +2.1%$65,148 +10%
        2023$1,494 +17.1%$59,225 +10%
        2022$1,276 +18.7%$53,841 +10%
        2021$1,075 +10.5%$48,946 +9%
        2020$973 +3.9%$44,890 +11%
        2019$937 +8.4%$40,451 -2.3%
        2018$864 $41,400 +23.8%
        2017$864 +13.1%$33,431 +5.6%
        2016$764 +5.4%$31,655 +10.3%
        2015$725 +10.6%$28,694 -1.1%
        2014$656 -12.1%$29,000 -7.9%
        2013$746 +3.9%$31,500 -2.5%
        2012$718 -7.3%$32,304 -8.2%
        2011$775 +16.1%$35,193 +13.2%
        2010$667 -21.3%$31,076 -20.8%
        2009$848 -8.6%$39,246 -10.8%
        2008$928 -5.8%$44,006 -10%
        2007$986 +12.5%$48,900 +14.5%
        2006$876 +5.1%$42,700 +19.6%
        2005$834 +25.7%$35,700 +30.8%
        2004$663 -1.1%$27,300 -3.5%
        2003$671 -0.1%$28,300 +2.5%
        2002$671 +20.1%$27,600 +21.6%
        2000$559 $22,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Tompkinsville

        Getting around

        52 / 100
        Somewhat Walkable
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Inverness Primary
        • Middle: Inverness Middle
        • High: Citrus High

        Source: Realtors Association of Citrus County. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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