5 months on rocket

4885 Cr-306A, Lake Panasoffkee, FL, 33538

$175,000

Home List Price

$2,078*

Closing Credit

2 Bedrooms
1 Full Bath
1,040 SqFt
$168/SqFt
House

Location

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4885 Cr-306A, Lake Panasoffkee$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingBoat, Covered, Off Street
Year Built1984
HeatingNone, Other, Window Unit(s)
CoolingWall/Window Unit(s)
WaterfrontCanal
ViewPark, Trees/Woods, Water
MLS #O6210082
Lot Size0.22 Acres
StatusActive

About 4885 Cr-306A

$30,000 Price Drop!! Seller is ready to get this one SOLD. This is the first house off the Withlacoochee River on the canal You're approx. 400 yards to the Dam, The Dam Pub and the airboat bridge/slide. This is Old Undisturbed Florida. From this house you can travel for miles and miles on the river, marshes, swamps... you will be located in an outdoor wonderland. This is no exaggeration, you can spend years exploring all the water accessible from this home. If your not an airboat person, no worries, a surface drive motor takes you to all kinds of incredible places. If you need a break from the water, try hiking or hunting at nearby Half Moon, Jumper Creek or Flying Eagle Wildlife Management Areas. Original owner built this home in 1984. The kitchen and the bathroom are original. If you like retro, you will love the bathroom. The home was built as a family retreat for weekends, holidays and summers. A large secondary bedroom was full of bunk beds for kids and friends. A lot of memories where made in this home and on the river. It's time for a new family to create their memories. The home needs some work, it will need a new roof, the inside needs a facelift – mostly cosmetic. Sweat Equity will go along way on this home. Paint will transform the outside. Paint and new flooring will make a huge difference on the inside. Having an boat parked underneath will also help. Homes on the river are hard to comeby, especially in this price range. Come take a look, don't let the deferred maintenance scare you. Because of the scarcity of homes with direct access to the river, this is a GOOD investment. The Villages is developing 9,000 acres in Sumter County, plus there are 3,000 acres of additional development --- This becomes a woulda, coulda, should of home. You'll look back and wish you would have bought it. More people creates more demand, very few homes with direct river access means limited supply. Basic economics, more demand than supply makes this a no brainer GOOD Investment. Plus it's a fun place to be

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin
  • Year Built: 1984
  • Living Area: 1,040 SqFt

Listing Office:

  • Office Name: XCELLENCE REALTY INC.
  • Office Phone: (866) 595-6025
  • Listing Agent: Levi Salmans

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Flooring Type: Carpet, Linoleum
  • Interior: Kitchen/Family Room Combo

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Canal
  • View: Park, Trees/Woods, Water
  • Exterior: Private Mailbox

Parking Information:

  • Parking: Boat, Covered, Off Street

Virtual/3D Tour

  • Virtual Tour: 4885 Cr-306A
Virtual Tour

Lot Features

Lot Information:

  • Lot: Cleared, Cul-De-Sac, Level, Oversized Lot, Paved
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: None, Other, Window Unit(s)
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: From 470 turn onto 302 and thin quick left onto 300 then left onto 306, stay right to be on 306A

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $168/SqFt
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Housing Market Comparison

See how this home compares to others in Lake Panasoffkee, FL.

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Lake Panasoffkee, FL

City

Med. Sold Price

$212K

Med. Price/SqFt

$168

Avg. Days On Market

51

# of Sold Homes

7

4885 Cr-306A vs Lake Panasoffkee

167 DAYS ON ROCKET

+116 Days

$175,000

-$37K Less

$168/SqFt

-$0 Less

KEY TAKEAWAY

This property is $37K less than the Median Sold Price and $0/SqFt less than other homes in Lake Panasoffkee, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6210082

Listing Office:

  • Office Name: XCELLENCE REALTY INC.
  • Office Phone: (866) 595-6025
  • Listing Agent: Levi Salmans

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 1:19:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-505633
7
/10

  • Lake Panasoffkee Elementary School

  • 790 CR 482N

  • 5.14 miles

  • Public District Grades PK-5

school-card-donut-505634
5
/10

  • Floral City Elementary School

  • 8457 E Marvin St

  • 8.35 miles

  • Public District Grades PK-5

school-card-donut-505635
4
/10

  • Wildwood Elementary School

  • 300 Huey St

  • 8.99 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,158. Residents of Lake Panasoffkee, FL typically earn less than $35k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4885 Cr-306A

What is the listing price of this property?

The listing price of 4885 Cr-306A property is $175,000.

What type of property is this?

The property 4885 Cr-306A is a house located in Lake Panasoffkee, Florida, 33538.

Is this property for sale now?

Active Listing: 4885 Cr-306A is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 4885 Cr-306A has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4885 Cr-306A is 1,040 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4885 Cr-306A is 1984.

Rocket Homes›Florida›Sumter County›Lake Panasoffkee›33538›4885 Cr-306A

This home is located at 4885 Cr-306A in Lake Panasoffkee, FL and zip code 33538. This 1,040 square foot home, which was built in 1984, sits on a 0.22 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 31, 2024 and is currently priced at $175,000.

Lake Panasoffkee, FL housing market in October 2024 saw over 0 listings sold above listed price, more than 3 sold at listed price and over 4 sold below. The inventory of homes for sale in Lake Panasoffkee, FL between September 2024 and October 2024 decreased by 15.4%. In October 2024, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $212,000.

From Rocket Homes Real Estate and based on county public records data.

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