tomo logo

$550,000

Beds
3
Baths
2.5
sq ft
2,817

1874 W Pearson St, Hernando, FL 34442

1874 W Pearson St

Hernando, FL 34442

  • 175 days on market
Welcome to this stunning home in a Great Location! Built by the renowned Mitch Underwood, this expanded property offers a luxurious lifestyle without the hassle of a mandatory social membership and comes with a low HOA fee. The unique split plan layout ensures privacy and comfort for all family members and guests. The highlight of this home is the huge master suite, a true retreat with its own access to the pool. The master suite features soaring ceilings that create an airy and spacious feel, enhancing the room's grandeur. It is complemented by his and her walk-in closets, providing ample storage space for all your wardrobe needs. The en-suite bathroom is a haven of relaxation, boasting a beautifully designed "J" shower that offers a spa-like experience. This home also includes a formal dining room, perfect for hosting elegant dinners and entertaining guests. Additionally, there is a separate den/office, offering a versatile space that can be used for work or as a cozy reading nook. The exterior of the home is equally impressive, with a spacious driveway that can accommodate multiple vehicles, making it ideal for families and visitors. Seller has made arrangements for a new roof to be installed just before closing, Buyers can pick the colors! Don't miss the opportunity to own this exceptional home that combines luxury, comfort, and convenience in one of the most desirable locations.

Details

Property type

Single Family Residence

Est. home value

$502,934

Lot size

1.0 acres

Price per sq ft

$196

Year built

2003

Annual property taxes

$4,535.88

Monthly HOA fee

$13.33

Price History

07/01/2024
CitrusCounty

CitrusCounty #835256

Listed
$550,000
+76.28%
11/08/2019
CitrusCounty

CitrusCounty #785848

Sold
$312,000
+4.35%
11/17/2009
CitrusCounty

CitrusCounty #333644

Sold
$299,000
+2292%

Schools & Community

Elementary school: 

Forest Ridge Elementary

Middle school: 

Lecanto Middle

High school: 

Lecanto High

Negotiation Insights

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

Seller could get up to

$253,659
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$252,341
Cash to seller
$253,659

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cadence Bank Na

Loan start date

November 2019

Original loan amount

$280,800

Est. remaining balance

$252,341

Interest rate

3.73%

Loan type

New Conventional, 30 year

Seller

Michael J Mckendry and Tara A Mckendry

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?

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Status: Active

Tomo last checked: 12/23/2024 at 12:45 PM

Listing updated: 12/20/2024 at 12:00 PM

Listed by: Christopher Carter, Tropic Shores Realty Phone #: (352) 503-4780

MLS: CitrusCounty #835256

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