510 W Oak STREET, Arcadia, FL, 34266 | $299,000

This house has had many big expensive major repairs made, now the new owner gets to have all the fun making this house their very own. Metal roof. Seller has listed recent renovations and/or repairs to include such things as whole house leveling, the home was tented to treat pests and WDO's, the electric panel & wiring have been updated, hurricane windows installed, new well pump for the exterior water spigots, all new appliance package, TWO new TRANE AC units AND new duct work. Home is over 2000 sq ft of charm and character. Tall ceilings, original wood floors, ship-lap walls, too many details to mention. Three bedrooms and a bathroom, home is waiting for new owners to make it a historical masterpiece. Located in the historic district of Arcadia. A short stroll to night life & downtown with shops & shopping, restaurants, Neon Moon Saloon, Heard Opera House, live music & city events. Oversized back yard with big tree. Will be an entertaining oasis when new porch, deck & fences are completed and the lighting is in place. Bring your imagination and design ideas. This is a "Pinterest project enthusiast's" dream come true. House is connected to city water and sewer, well is for for garden water, washing the car or dog, etc. This is a diamond in the rough and rarely do homes come up for sale on West Oak St, and especially homes that have had so many big updates. Wrap around porch needs to be rebuilt, priced to reflect the need for the rest of the restoration, cleaning and decoration.

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 1 full
  • Laundry: Inside
  • Year Built: 1942
  • Garage: Other, Oversized, Parking Pad
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,208
  • Acreage: 0.3
  • Est. Taxes: $640
  • Middle School: DeSoto Middle School
  • High School: DeSoto County High School
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
  • MLS#: A4616240
  • Days on Market: 164 days
  • Website: https://www.raveis.com
    /prop/A4616240/510woakstreet_arcadia_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 9:17:07 AM)
Listing courtesy of COLDWELL BANKER REALTY   Phone: 941-349-4411

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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510 W Oak STREET, Arcadia, FL, 34266

$299,000

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 $239,200 $239,200 $239,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $53 $53 $53
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,612 $1,590 $2,017
Total Monthly Payment $1,740 $1,718 $2,145

* 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.