tomo logo

$575,000

Beds
4
Baths
2.0
sq ft
2,211

9077 SE Highway 31, Arcadia, FL 34266

9077 SE Highway 31

Arcadia, FL 34266

  • <1 day on market
Awesome property fully fenced and NO FLOOD REQUIRED! Four-bedroom, two-bath home with a 49’ x 58’ barn/workshop located on a 14-acre secluded parcel. The home features an open floor plan, with a bay window in the living room and French doors in the dining room providing plenty of natural light. The kitchen’s high end appliances are less than three years old, and cooking on a six-burner gas stove is a dream. The kitchen is wired for an electric range if you prefer. A large island gives plenty of room for two chefs in the kitchen. The split floor plan allows privacy in the master bedroom suite. A bonus room, currently used for an office, could be a fourth bedroom. The inside laundry room is tucked away in the bonus room. An open lanai spans the entire back of the home, providing a great place for morning coffee, spending lazy afternoons in the shade of towering bald cypress trees covered in romantic Spanish moss, or watching the multitude of birds over the pond. Solar panels on the metal roof will assure you lower electricity bills, less than $100.00 monthly with a refund from FPL at year end for electricity sent to their grid. Electric panel is wired for a generstor. An eighteen-inch well with a pump and PTO is located at the rear of the property. Add a sixty HP power unit or tractor and you’re in business. Wanting a dream workshop? Check out the fully wired shop set up for those important projects. Seven acres at the front of the property provide privacy from Highway 31, and seven acres to the rear of the property contain a one-acre stocked pond and numerous orange and tangerine trees. Looking for a mini farm? Check out the chicken house and fully fenced cleared pasture for horses or cows. Call today for your private tour.

Details

Property type

Single Family Residence

Est. home value

$519,255

Lot size

14.00 acres

Price per sq ft

$261

Year built

1982

Annual property taxes

$3,179.09

HOA

No

Price History

11/18/2024

FGCMLS #224092015

Listed
$575,000
+10.58%
11/09/2023
StellarMLS

StellarMLS #C7476816

Sold
$520,000
+108%
04/29/2016

FGCMLS #215047753

Sold
$250,000
-41.86%

Schools & Community

Elementary school: 

Memorial Elementary School

Middle school: 

DeSoto Middle School

High school: 

DeSoto County High School

Community features: 

Gated

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

$117,073
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$411,927
Cash to seller
$117,073

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

Seller’s Loan History

Lender

The Mortgage Firm Inc

Loan start date

November 2023

Original loan amount

$416,000

Est. remaining balance

$411,927

Interest rate

7.19%

Loan type

New Conventional, 30 year

Seller

Kenneth C Baker Ii

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: 11/19/2024 at 9:45 AM

Listing updated: 11/18/2024 at 9:30 PM

Listed by: Amy Kelly, Re/Max Sunshine Phone #: (239) 671-6318

MLS: FGCMLS #224092015

FGCMLS logo

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