tomo logo

$295,000

Beds
4
Baths
2.0
sq ft
2,190

1029 CR 452a, Lake Panasoffkee, FL 33538

1029 CR 452a

LAKE PANASOFFKEE, FL 33538

  • <1 day on market
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.

Details

Property type

Single Family Residence

Est. home value

$253,992

Lot size

0.56 acres

Price per sq ft

$135

Year built

1983

Annual property taxes

$1,620.47

HOA

No

Price History

01/22/2025
StellarMLS

StellarMLS #G5091735

Listed
$295,000
+201.02%
06/30/2017
StellarMLS

StellarMLS #G4842097

Sold
$98,000
+32.43%
03/24/2015
StellarMLS

StellarMLS #G4800460

Sold
$74,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Truist Bank

Loan start date

March 2020

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

3.28%

Loan type

Credit Line (Revolving)

Seller

Nicholas Pappas and Barbara Pappas

Lender

Truist Bank

Loan start date

March 2020

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

3.28%

Loan type

Credit Line (Revolving)

Seller

Nicholas Pappas and Barbara Pappas

Lender

Suntrust Mortgage Inc

Loan start date

June 2017

Original loan amount

$78,400

Est. remaining balance

$66,649

Interest rate

4.05%

Loan type

New Conventional, 30 year

Seller

Nicholas Pappas and Barbara Pappas

Lender

Suntrust Mortgage Inc

Loan start date

June 2017

Original loan amount

$78,400

Est. remaining balance

$66,649

Interest rate

4.05%

Loan type

New Conventional, 30 year

Seller

Nicholas Pappas and Barbara Pappas

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/22/2025 at 2:15 PM

Listing updated: 01/22/2025 at 12:26 PM

Listed by: Connie Mahan, CONNIE MAHAN REAL ESTATE GROUP Phone #: (352) 569-0233

MLS: StellarMLS #G5091735

StellarMLS logo

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