1029 Cr 452a, Lake Panasoffkee, FL, 33538 | $295,000

4 bedroom home, 2 bathrooms, on GIANT, canal front lot, with access to Lake Panasoffkee. Sitting at just over 1/2 acre, fully fenced, on a paved road. NO HOA. No deed restrictions. No flood insurance requirement from the lender because of elevation, and this home/land were not impacted by recent storms. Built in 1983, this home may need a little love but affordability is the name of the game and I hope that we are moving into an era of appreciating a little sweat equity to embrace a budget that will fit your goals. Spacious floor-plan sitting at 2, 190 sqft. Living room, dining room, family room, and kitchen all circle around the electric fireplace in the center of the home. And although for the most part fireplaces in Florida may not be necessary, it’s surely been cold enough to crank it on lately. Split floor plan with 3 bedrooms on the opposite side from the primary bedroom. HUGE “L” shaped screened porch. Above ground, chlorine pool. 2 car garage with additional space for storage. Super spacious laundry and storage room. And did we mention priced to sell. On paper, based on comparable houses sold this home could exceed 330k. 4 bedrooms, canal front home THIS close to the lake would warrant a higher list price, but we know we are not perfect and this seller is ready to go. Relocating closer to family is high on the list and that makes it a prime opportunity for you to swoop in and call it your own. Seller says the roof was replaced in 2022. Very easy to show, but by appointment only. Don’t let the colorful cabinets deter you, that's an easy fix, come see this home for yourself. Call today.

Features

  • Rooms: 7
  • Bedrooms: 4
  • Baths: 2 full
  • Lot Size: 47 x 194
  • Laundry: Inside
  • Year Built: 1983
  • Garage: 2-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,190
  • Acreage: 0.56
  • Lot Size: 47 x 194
  • Est. Taxes: $1,620
  • Lot Desc: In County, Oversized Lot, Unincorporated
  • Pool: Above Ground
  • Appliances: Range, Refrigerator
  • MLS#: G5091735
  • Days on Market: 0 day
  • Website: https://www.raveis.com
    /prop/G5091735/1029cr452a_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 1/22/2025 6:17:07 PM)
Listing courtesy of CONNIE MAHAN REAL ESTATE GROUP   Phone: 352-569-0233

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1029 Cr 452a, Lake Panasoffkee, FL, 33538

$295,000

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 $236,000 $236,000 $236,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.875% 6.990% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.191% 7.159% 6.392%
Monthly Tax Payment $135 $135 $135
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,550 $1,569 $2,007
Total Monthly Payment $1,760 $1,779 $2,217

* 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.