Tucked away in a beautiful and quiet neighborhood near the Chain of Lakes in Inverness, this charming 3-bedroom, 2-bath home offers the perfect blend of comfort, space, and peace of mind. Thoughtfully updated with a brand-new roof, new AC system, and new hot water heater, you can move in with confidence knowing the big-ticket items are already taken care of.
Step outside to enjoy a large screened-in lanai—ideal for relaxing mornings or entertaining guests year-round. The home also features an irrigation system to keep your lawn lush and green with ease.
What truly sets this property apart is the rare opportunity to own over an acre of land, including the additional half-acre lot next door—offering endless possibilities for expansion, privacy, or simply enjoying the extra space.
Located just minutes from the scenic Chain of Lakes, this home combines tranquility with convenience, making it a perfect retreat while still being close to everything Inverness has to offer.
This is more than a home—it’s room to breathe, grow, and enjoy the Florida lifestyle.
Sold for $315,000
$315,000
5101 S Covewood Ter, Inverness, FL 34450
3beds
1,737sqft
Single Family Residence
Built in 2002
0.58 Acres Lot
$316,100 Zestimate®
$181/sqft
$1,926 Estimated rent
Home value
$316,100
$275,000 - $367,000
$1,926/mo
Zestimate® history
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List your homeWhat's special
Brand-new roofNew ac systemLarge screened-in lanaiNew hot water heater
Zillow last checked:
Listing updated:
Listed by:
Heather Cogar 352-445-6392,
Sellstate Next Generation Real
Bought with:
West Pasco Member
West Pasco Board of Realtors Member
Source: Realtors Association of Citrus County,MLS#: 853928
Originating MLS: Realtors Association of Citrus County
Originating MLS: Realtors Association of Citrus CountyFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave
Features
- Flooring: Carpet, Vinyl
Interior area
- Total structure area: 2,574
- Total interior livable area: 1,737 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete, Driveway, Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Concrete Driveway
- Pool features: None
Lot
- Size: 0.58 Acres
- Features: Corner Lot, Multiple lots
Details
- Parcel number: 2561921
- Zoning: CLR
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 2002
Community & HOA
Community
- Subdivision: Not on List
HOA
- Has HOA: No
Location
- Region: Inverness
Financial & listing details
- Price per square foot: $181/sqft
- Tax assessed value: $273,689
- Annual tax amount: $1,679
- Date on market: 4/13/2026
- Cumulative days on market: 18 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Sold | $315,000-1.6%$181/sqft |
Source:  Realtors Association of Citrus County #853928 Report a problem | ||
| 4/29/2026 | Pending sale | $320,000$184/sqft |
Source:  Stellar MLS #G5110883 Report a problem | ||
| 4/13/2026 | Listed for sale | $320,000+138.8%$184/sqft |
Source: Realtors Association of Citrus County #853928 Report a problem | ||
| 4/25/2002 | Sold | $134,000+1240%$77/sqft |
Source: Public Record Report a problem | ||
| 8/20/2001 | Sold | $10,000$6/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,680 +6.2% | $140,504 +2.9% |
| 2024 | $1,582 +2.9% | $136,544 +3% |
| 2023 | $1,537 +6.9% | $132,567 +3% |
| 2022 | $1,438 +4.3% | $128,706 +3% |
| 2021 | $1,379 +4.8% | $124,957 +1.4% |
| 2020 | $1,317 +1.6% | $123,232 +2.3% |
| 2019 | $1,296 +2.3% | $120,461 +1.9% |
| 2018 | $1,266 | $118,215 +2.1% |
| 2017 | $1,266 +0.6% | $115,784 +2.1% |
| 2016 | $1,258 -0.8% | $113,403 +0.7% |
| 2015 | $1,269 -1.2% | $112,615 +0.8% |
| 2014 | $1,284 +3% | $111,721 +1.5% |
| 2013 | $1,246 -10.4% | $110,070 -11.7% |
| 2012 | $1,391 -2.1% | $124,642 -0.7% |
| 2011 | $1,420 +3.5% | $125,576 +1% |
| 2010 | $1,372 -0.1% | $124,310 +2.7% |
| 2009 | $1,373 +1.1% | $121,042 +0.1% |
| 2008 | $1,358 -8% | $120,922 +3% |
| 2007 | $1,476 -0.9% | $117,400 +2.4% |
| 2006 | $1,489 -5.6% | $114,600 +3% |
| 2005 | $1,577 -0.6% | $111,300 +3% |
| 2004 | $1,586 +5.7% | $108,100 +1.9% |
| 2003 | $1,500 +754.2% | $106,100 +1016.8% |
| 2002 | $176 +15.3% | $9,500 +14.5% |
| 2000 | $152 | $8,300 |
Find assessor info on the county website
Neighborhood: 34450
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Nearby schools
GreatSchools rating
- 5/10Inverness Primary SchoolGrades: PK-5Distance: 4.3 mi
- NACitrus Virtual Instruction ProgramGrades: K-12Distance: 4.7 mi
- 4/10Citrus High SchoolGrades: 9-12Distance: 4.4 mi
Schools provided by the listing agent
- Elementary: Floral City Elementary
- 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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Estimated market value
$316,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$316,100
- Florida
- Citrus County
- Inverness
- 34450
- 5101 S Covewood Ter
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