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1149 Cr 464, Lake Panasoffkee, FL, 33538 | $110,000
This cozy single-family residence in Lake Panasoffkee, FL, offers a tranquil escape with it's charm and natural beauty. Built in 1959, this classic home has the potential to shine once again with a little TLC. With 3 cozy bedrooms, each offering ample natural light and serene views, the house creates a peaceful retreat. This is the perfect opportunity for an investor to restore the home's natural beauty and re-sell with a huge profit, being just 1/4 mile from the highly desirable Lake Panasoffkee.
The heart of the home is the kitchen, equipped with solid surface counters, solid wood cabinets, and appliances including a microwave, range, and refrigerator. The living spaces are adorned with laminate, vinyl, and wood flooring, which add warmth and character to the home. This home features a central air conditioning system. The interior laundry room features the hot water heater, a worktable, and a dryer.
Outdoors, the property boasts a generous oversized lot, spanning almost a half of an acre. The workshop could easily be converted into a garage and both the workshop and storage sheds have power. The exterior features of the home include vinyl siding and a sturdy wood frame, complemented by a durable shingle roof and a practical crawlspace foundation. The enclosed front porch and deck, with a swinging bench, provide a perfect setting for relaxation or entertaining guests. For added convenience, there's off-street parking available. For peace of mind, the entire property is fully fenced with a chain link fence and also has a fenced in dog run.
This home has a private well and septic tank Other notable features include ceiling fans, an eating space in the kitchen, split bedrooms for privacy, and a thermostat for easy temperature control.
The property's location is ideal for those who appreciate a peaceful, rural setting while still being within reach of necessary amenities. This home is a haven of tranquility, perfect for anyone looking to create lasting memories in a comfortable and inviting environment.
Features
- Rooms: 8
- Bedrooms: 3
- Baths: 1 full
- Lot Size: 100 x 200
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
- Year Built: 1959
- Garage: Off Street, Open
- Heating: Central
- Cooling: Central Air
- Approx Sq. Feet: 728
- Acreage: 0.42
- Lot Size: 100 x 200
- Est. Taxes: $170
- Lot Desc: Oversized Lot
- Elem. School: Lake Panasoffkee Elementary
- Middle School: South Sumter Middle
- High School: South Sumter High
- Pet Policy: Yes
- Appliances: Dryer, Microwave, Range, Refrigerator
- MLS#: W7860623
- Days on Market: 196 days
- Website: https://www.raveis.com
/prop/W7860623/1149cr464_lakepanasoffkee_fl?source=qrflyer
Listing courtesy of LPT Realty Phone: 877-366-2213
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1149 Cr 464, Lake Panasoffkee, FL, 33538
$110,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $88,000 | $88,000 | $88,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.582% | 7.171% | 6.518% |
| Monthly Tax Payment | $14 | $14 | $14 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $600 | $585 | $755 |
| Total Monthly Payment | $689 | $674 | $844 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388