501 Chancellar DRIVE, Lutz, FL, 33548 | $499,999

1/2 Acre, 3 Bed, 2 Bath, Detached In Law Suite with Bathroom, 2 Car Garage, Additional Detached 1 car garage, NO HOA, RV Carport, Enclosed Oversized Lanai.

Welcome to your future home in the heart of Lutz! This charming single-family home sits on a sprawling half-acre corner lot adorned with mature oak trees, offering the perfect blend of natural beauty and suburban convenience.

Boasting three bedrooms and two baths, this home also features a coveted mother-in-law suite, providing ample space for multi-generational living or hosting guests. The property is further enhanced by RV covered parking and an additional detached one-car garage, catering to the needs of outdoor enthusiasts and hobbyists alike.

Step outside and unwind in the oversized screened patio enclosure, an ideal space for entertaining or simply enjoying the serene surroundings.

The true gem of this property lies in the potential it holds. With the floors and kitchen already demoed, the stage is set for the new homeowner to unleash their creativity and renovate according to their unique vision, transforming this space into their dream home. What's more, the list agent has already gathered design inspiration and obtained quotes for various renovation needs, providing a head start for the new homeowner's vision to come to life.

Conveniently located near the I-275, residents will enjoy easy access to major transportation routes, making commutes a breeze. Additionally, the property is just a stone's throw away from a myriad of shopping, dining, leisure and entertainment options, ensuring that every need and desire is met. This location offers the perfect blend of convenience and leisure.

Worried about the school district? No need to worry, this property is in Hillsborough County School District and zoned for top rated schools, Lutz Leopards - Kindergarten through 8th grade , Buchanan 6-8 and Steinbrenner High School, 9-12! Yes you have two options for middle school!

Priced to sell, this property presents an incredible opportunity for a discerning buyer to infuse their personal style and preferences, making it truly their own. Don't miss out on the chance to turn this blank canvas into a masterpiece of modern living.

Features

  • Rooms: 4
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Laundry Room
  • Year Built: 1970
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air, Wall/Window Unit(s)
  • Approx Sq. Feet: 2,154
  • Acreage: 0.5
  • Est. Taxes: $6,325
  • Lot Desc: Corner Lot
  • Elem. School: Lutz-HB
  • Middle School: Buchanan-HB
  • High School: Steinbrenner High School
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer, Water Softener
  • MLS#: T3537053
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/T3537053/501chancellardrive_lutz_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 7/2/2024 11:09:15 AM)
Listing courtesy of COMPASS FLORIDA, LLC   Phone: 813-355-0744

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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501 Chancellar DRIVE, Lutz, FL, 33548

$499,999

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 $399,999 $399,999 $399,999
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 7.125% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.880% 7.295% 6.644%
Monthly Tax Payment $527 $527 $527
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,695 $2,695 $3,457
Total Monthly Payment $3,297 $3,297 $4,059

* 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.