7480 S Hobbs POINT, Lecanto, FL, 34461 | $650,000

Motivated seller *** Amazing opportunity for you to acquire a 4062 sqft, four bed room, three bath, two truck garage home on four acres, with no deed restrictions or HOA is at the end of a dead end road and is backed up against the Citrus Wildlife Management Area which is national forest. This means no one will ever build behind you, ever. Some of the majestic wildlife seen over the years has been owls, turkeys, deer right in the yard. The foundation of the home is stem wall with concrete floors The walls are CBS block and stucco. The roof was done in 10/2016. One HVAC is original but hardly used and tested seasonally throughout the year, while the other is uncertain, both work great. The well is 300ft deep with a new pump, so you will never need a water softener or a purifier for your drinking water. All the appliances stay except the freezers, the stove, dryer and water heater and pool heater are gas. There is so much more to this home. There area four fixes. The floors need new flooring and the walls need paint. What can I say, carpet gets ruined and tiles get broken over 35 years. The balcony needs to be finished in the master's suite. The pool has a leak. This is a true Mansion. Citrus county is home of near 30 springs which attracts the largest manatee population in North America. This is also the breeding grounds for the illusive Snook and Red Drum. With the new Suncoast Expressway five minutes away, you can be in Tampa for the game or to catch a plane in 45 minutes. More photos and Videos are on the way!

Features

  • Rooms: 11
  • Bedrooms: 4
  • Baths: 3 full
  • Lot Size: 248 x 301
  • Laundry: In Garage
  • Style: Tudor
  • Year Built: 1988
  • Garage: 2-car Driveway, Garage Faces Side, Guest, Open, Oversized, Parking Pad, Under Building, Workshop in Garage
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,474
  • Acreage: 1.9
  • Lot Size: 248 x 301
  • Est. Taxes: $1,796
  • Lot Desc: Cleared, In County, Level, Oversized Lot, Private
  • View: Pool, Trees/Woods
  • Elem. School: Lecanto Primary School
  • Middle School: Lecanto Middle School
  • High School: Lecanto High School
  • Pool: Gunite, Heated, In Ground, Screen Enclosure
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Refrigerator, Washer
  • MLS#: OM685418
  • Days on Market: 14 days
  • Website: https://www.raveis.com
    /prop/OM685418/7480shobbspoint_lecanto_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 9/21/2024 10:37:59 AM)
Listing courtesy of SUNCOAST MANSIONS LLC   Phone: 352-423-1005

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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7480 S Hobbs POINT, Lecanto, FL, 34461

$650,000

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 $520,000 $520,000 $520,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $150 $150 $150
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,160 $3,160 $4,109
Total Monthly Payment $3,402 $3,402 $4,351

* 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.