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311 N Brighton Road
Lecanto, FL 34461
Michelle Geskey with KELLER WILLIAMS TAMPA PROP., original listing - (813) 264-7754
$350,000
Conventional
Property
Bedroom
3
Bathroom
Full: 2
Property Type
Conventional
Square ft
1684 Square Feet
Property Description
PRICED BELOW MARKET VALUE! MOVE INLAND to this charming and meticulously maintained 2-bedroom, 2-bath home in the sought-after Citrus Hills/Kensington Estates area. Offering 1,684 square feet of living space on more than an acre of beautifully landscaped land, this home combines classic comfort with plenty of room to grow. While currently configured as a 2-bedroom, there’s ample space for the dining/office area to be easily converted back into a 3rd bedroom, restoring its original layout. Solidly built in 1986, this solid, traditional home has been lovingly cared for, with all the important updates already in place. The primary bedroom features brand-new carpet, the interior has been freshly painted throughout, and all windows have upgraded blinds. The kitchen showcases timeless Kraftmaid soft-close cabinetry, paired with stainless steel appliances and high-end tile floors, adding a touch of craftsmanship. The primary living area features beautiful wood floors. A spacious 2-car garage provides excellent storage and workspace. Essential updates include a 7-year-old A/C, an upgraded Smith Signature Premier water heater (2020), an upgraded electrical panel (2023), and a 3-year-old roof. The solar panels (installed in 2021) are fully paid for, adding to the home’s energy efficiency, with a monthly electric bill of less than $33! The outdoor space is truly a retreat. The current owners have transformed the yard into a peaceful, private sanctuary, complete with lush landscaping, including Pinecone Ginger, Crepe Myrtle treat in pink, purple, and white, an orange tree, and a thriving vegetable garden. Relax on the large lanai or enjoy the serene sounds of the water fountain while soaking in the beauty of your surroundings from a rocking chair or the cozy outdoor sitting area. For those who need extra workspace or storage, the Graceland outbuilding, with dual entrances, is fully equipped with a workbench, air conditioning, and electricity—ideal for hobbies or a workshop. This home is the perfect blend of traditional charm, privacy, and space. Don’t miss the opportunity to make it your own—the pictures to NOT do this property justice. Schedule a viewing today to see it in person!
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1989
MLS Number
--
Location
Address
311 N BRIGHTON ROAD
City
LECANTO
State
FL
Zip Code
34461
County
CITRUS
Listing
Name
Phone
(813) 731-4348
Office Name
Office Phone
(813) 264-7754
Agent Name
Michelle Geskey
Agency Phone
(813) 264-7754

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.