tomo logo

$430,000

Beds
3
Baths
3.0
sq ft
1,418

5045 NW Hidden Lake Cir, Arcadia, FL 34266

5045 NW Hidden Lake Cir

ARCADIA, FL 34266

  • 152 days on market
    • Price drop $69,000↓
5 ACRE OFF GRID HOME LOCATED DIRECTLY ON THE PEACE RIVER! This would make a great destination retreat with short term rentals offering a private place for refreshing downtime or a sweet couples getaway. The river front access allows for you or guests to easily enjoy some of Florida's best fossil hunting! Launch your kayak right from the property to explore the River with plenty of sight seeing, beachy areas to stop for a packed lunch or bring a lens for some nature photography. There is a main home featuring 1 Bedroom 1 bathroom and ample space for gatherings or preparing bed and breakfast for your guests. The wrap around porches on both second and third floor allow in natural light and exterior space to soak up the fresh air and nature views. In addition to the main house there are two guest homes, each offering 1 bedroom 1 bathroom with room for a seating area. Both guest homes have wrap around porches with nature views and river views. Additional outbuildings include a Quonset for storing your ATVs, farm equipment and river activity accessories, there is a livestock barn which would be great for small livestock- goats, etc. and a cute chicken coop for your fresh eggs. Bring all your finishing touches, start your secluded homestead or future AirBnB investment! Please do not trespass on private property. Call to schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$562,637

Lot size

5.0 acres

Price per sq ft

$304

Year built

1986

Annual property taxes

$5,645.94

HOA

No

Price History

11/02/2024
StellarMLS

StellarMLS #A4612618

Price change
$430,000
-13.83%
06/06/2024
StellarMLS

StellarMLS #A4612618

Listed
$499,000
-12.3%
03/02/2024
StellarMLS

StellarMLS #C7482522

Removed
$569,000

Schools & Community

Elementary school: 

West Elementary School

Middle school: 

DeSoto Middle School

High school: 

DeSoto County High School

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

$118,807
Asking price
$430,000
Closing costs (~8% of asking)
-$34,400
Est. remaining loan balance
-$276,793
Cash to seller
$118,807

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

September 2021

Original loan amount

$297,500

Est. remaining balance

$276,793

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Trista Carter

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: 11/04/2024 at 11:30 PM

Listing updated: 11/02/2024 at 1:18 PM

Listed by: Sarah Whidden, TOWN & COUNTRY PROPERTIES OF FL Phone #: (863) 494-1739

MLS: StellarMLS #A4612618

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