414 Lake STREET, Inverness, FL, 34450 | $599,000

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 nearby. 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.

Features

  • Rooms: 3
  • Bedrooms: 5
  • Baths: 3 full / 1 half
  • Laundry: Laundry Room, Washer Hookup
  • Year Built: 1905
  • Garage: 1-car
  • Heating: Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 3,156
  • Acreage: 0.59
  • Est. Taxes: $8,695
  • Appliances: Convection Oven, Refrigerator
  • MLS#: OM687905
  • Days on Market: 10 days
  • Website: https://www.raveis.com
    /prop/OM687905/414lakestreet_inverness_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 12/23/2024 3:06:55 PM)
Listing courtesy of TROPIC SHORES REALTY   Phone: 352-503-4780

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NMLS Mortgage Loan Originator ID 16953

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414 Lake STREET, Inverness, FL, 34450

$599,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $479,200 $479,200 $479,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.508% 7.171% 6.392%
Monthly Tax Payment $725 $725 $725
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,269 $3,185 $4,076
Total Monthly Payment $4,086 $4,002 $4,893

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.