Under contract-accepting backup offers. Hard to find handyman special in the most sought after corner of Citrus County. The owner’s surprise job relocation offers you the chance to snatch up this spacious dream pool home at an unheard of price in this market. All offers will be considered.
Savor the Florida dream where luxury meets quiet country living. This tropical retreat lords over 5 acres of high and dry land, surrounded by mature landscaping with plenty of fruit trees, oaks, magnolias and palms. Just minutes away from Three Sisters Springs, Ozello Trail, Homosassa River, and the Chassahowitzka River.
Enough hype. What’s so special about this place? Pros: 1) Lowest price per sq ft in the area. 2) Large in ground pool with handrails installed. 3) Roof reshingled in 2016. 4) New kitchen counters. 5) Unlike most properties in the area, the structure is NOT in a flood zone. 6) All additions permitted. 7) Closing cost credits and interest rate buydowns options available.
Cons: Well pump and pool filter need replacement. Stove not included. No central air. Various odds and ends deferred maintenance and cosmetic rehab needed. No known issues with the septic, roof, electrical, foundation.
Investor notes:
Estimated flip value: 388k, with est 20-40k in work, including adding central HVAC.
Vacant and easy to show. No HOA/CDD. If this is “NOT ON MY MLS, ” please just reach out to listing agent below for disclosures and MLS info sheet. No assignable contracts accepted.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $211,120 | $211,120 | $211,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $292 | $292 | $292 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,405 | $1,403 | $1,780 |
Total Monthly Payment | $1,772 | $1,770 | $2,147 |
* 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.