681 Cr 485a, Lake Panasoffkee, FL, 33538 | $169,900

!! NEW PRICING !! Cozy 1 Bed / 1 Bath Waterfront home with a large Wooden Deck overlooking a Canal that leads to Lake Panasoffkee! This property has incredible potential to be an amazing Waterfront retreat. The home has a Kitchen/Dining and Living Room combination with a hallway to the Main Bathroom. From the Kitchen there are three steps that bring you to a spacious Bonus Room and the Primary Bedroom. There is a detached building with a Bathroom, separate Hot Water Tank along with a Room where the Laundry Hook-Up is located. Next to the Deck you will find a Screened-In Fish Cleaning House with Electric and additional Storage. The main home has a new Septic System, HVAC, LVP Flooring throughout, Ceiling Fans, Light Fixtures, back Door and Bathroom Vanity completed in 2024. The home is located close to I-75, for an easy commute to Tampa, Orlando, and Ocala. This is a Freddie Mac HomeSteps property. All information provided in this report is believed to be true and accurate but not guaranteed.

Features

  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Lot Size: 70 x 100
  • Laundry: Outside
  • Style: Cottage, Ranch
  • Year Built: 1961
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 528
  • Acreage: 0.16
  • Lot Size: 70 x 100
  • Est. Taxes: $693
  • Lot Desc: Street Dead-End
  • Elem. School: Lake Panasoffkee Elementary
  • Middle School: South Sumter Middle
  • High School: South Sumter High
  • Appliances: Range, Refrigerator
  • MLS#: G5087543
  • Days on Market: 72 days
  • Website: https://www.raveis.com
    /prop/G5087543/681cr485a_lakepanasoffkee_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 12/18/2024 2:49:40 AM)
Listing courtesy of ARROW REALTY & INVESTMENTS INC   Phone: 352-326-8282

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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681 Cr 485a, Lake Panasoffkee, FL, 33538

$169,900

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 $135,920 $135,920 $135,920
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 7.443% 7.133% 6.256%
Monthly Tax Payment $58 $58 $58
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $916 $903 $1,146
Total Monthly Payment $1,049 $1,036 $1,279

* 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.