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For sale
  • Price cut: $14.1K (2/9)
    $184,900

    503 Lake St, Inverness, FL 34450

    2beds
    1,116sqft
    : 
    Single Family Residence
    Built in 1900
    9,147.6 Square Feet Lot
    $175,700 Zestimate®
    $166/sqft
    $-- HOA

    What's special

    Comfortable everyday livingWelcoming open front porchCozy interiorPicket fenceEfficient layout
    CHARMING CIRCA 1900 COTTAGE WITH CLASSIC CURB APPEARL-Step into this delightful 2-bedroom, 2 bath cottage offering timeless character paired with modern convenience. A welcoming open front porch & picket fence create a picture perfect first impression, while cozy interior provides comfortable everyday living. With City water & sewer, this home blends historic charm with practical ease. Efficient layout for full time or a getaway retreat, Minutes to Depot District, Liberty Park & Withlacoochee Bike/Hiking Trail. Own a piece of local history in a location that puts community events at your fingertips. Lots of City sponsored downtown events. NO HOA.
    72 days
    |
    1,456
    |
    74
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 09, 2026 at 11:10am

    Listed by:

    Patricia Davis 352-212-7280,

    Century 21 J.W.Morton R.E.

    Source: Realtors Association of Citrus County,MLS#: 851186MLS LogoOriginating MLS: Realtors Association of Citrus County

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Electric Oven, Electric Range, Microwave Hood Fan, Microwave, Refrigerator, Water Heater, Washer
      • Laundry: Laundry - Living Area
      Features
      • Laminate Counters, Main Level Primary, Primary Suite, Open Floorplan, Shower Only, Separate Shower, Window Treatments
      • Flooring: Vinyl, Wood
      • Windows: Blinds
      Interior area
      • Total structure area: 1,332
      • Total interior livable area: 1,116 sqft

      Property

      Parking
      • Parking features: Unpaved
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Room For Pool
      • Pool features: None
      • Fencing: Picket,Wood
      Lot
      • Size: 9,147.6 Square Feet
      • Features: Flat, Rectangular
      Details
      • Parcel number: 1753821
      • Zoning: LMD
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Florida,One Story
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Foundation: Crawlspace
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: High Speed Internet Available

      Community & HOA

      Community
      • Features: Gated
      • Security: Gated Community
      • Subdivision: Not on List
      HOA
      • Has HOA: No
      Location
      • Region: Inverness

      Financial & listing details

      • Price per square foot: $166/sqft
      • Tax assessed value: $127,116
      • Annual tax amount: $924
      • Date on market: 1/10/2026
      • Cumulative days on market: 73 days
      • Listing terms: Cash
      • Road surface type: Paved
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        Estimated market value

        $175,700

        $167,000 - $184,000

        $1,544/mo

        Price history

        Price history
        DateEventPrice
        2/9/2026Price change$184,900-7.1%$166/sqft
        Source: Realtors Association of Citrus County #851186 Report a problem
        1/10/2026Listed for sale$199,000+109.5%$178/sqft
        Source: Realtors Association of Citrus County #851186 Report a problem
        6/15/2020Sold$95,000+320.4%$85/sqft
        Source: Public Record Report a problem
        5/18/2019Listing removed$950$1/sqft
        Source: J W Morton Property Management, LLC #782779 Report a problem
        5/3/2019Listed for rent$950$1/sqft
        Source: J W Morton Property Management, LLC #782779 Report a problem
        6/27/2013Sold$22,600$20/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$886 +5.2%$84,338 +3%
        2023$842 +8.6%$81,882 +3%
        2022$775 +6.3%$79,497 +3%
        2021$730 -29%$77,182 +62.1%
        2020$1,028 +6.6%$47,613 +10.3%
        2019$964 +1.8%$43,180 +0.3%
        2018$947 $43,070 +15.1%
        2017$947 +10.7%$37,407 +4.4%
        2016$855 +4%$35,846 +7.8%
        2015$822 +8.2%$33,256 -0.8%
        2014$760 +25.9%$33,510 +31.5%
        2013$604 +3.5%$25,490 -2.9%
        2012$583 -8%$26,242 -8.9%
        2011$634 +6.8%$28,812 +4.2%
        2010$594 -11.7%$27,656 -11.2%
        2009$673 -8.4%$31,128 -10.7%
        2008$735 -10.4%$34,839 -14.4%
        2007$820 +21.6%$40,700 +23%
        2006$675 -1.1%$33,100 +13.4%
        2005$682 +15%$29,200 +19.7%
        2004$593 +2.9%$24,400 +0.4%
        2003$576 -8.6%$24,300 -6.2%
        2002$630 +23%$25,900 +24.5%
        2000$512 $20,800

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $1,127/mo
        Principal & interest
        $888
        Property taxes
        $239
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          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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