Home for Sale at 546 Montego Ln N, Ellenton, FL 34222

546 Montego Ln N
Ellenton, FL 34222

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Property Details

List Price:	$34,900
Beds:	2
Baths:	2
Status:	Active
SqFt:	1056
Agency:	Florida MH Sales, LLC dba Mobile Home Sales by Jen

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Description/Comments

Lot Size:	--
Property Type:	Other
Year Built:	1980
Notes:	PRICED TO SELL!!! 2BD/2BA/1LANAI; (1,056 SF plus 160 SF lanai) A floor plan is provided for a visual representation of room size/location. ~~FEATURES/UPDATES: ~Partially furnished with some turnkey supplies A virtual walk thru video is available! ~~4 PT Insurance Inspection completed 2024 is available for the next 4 items: ~ROOF: Long life TPO membrane on main roof about 10 years old and newer metal roof on carport ~AC: 2017 Bryant Central Air keeps everything cool! ~ELECTRIC: New panel in 2024; 125 AMP ~PLUMBING: Repiped with high density polyethylene, 2010 Water HEATER OTHER: ~FLOORS: Ceramic Tile floors in kitchen, dining and lanai. Newer subfloors in living room/bedrooms: ready for you to install floor covering (about 700 SF) ~SMOKE ALARM: 10 year life worry free batteries ~LAUNDRY/STORAGE SHED/WORKSHOP: Approx 8 X 14; Washer/dryer included ~LARGE CARPORT: Parking for 2+ vehicles ~LOCATION: Corner lot near a gated entrance with a large back yard. Walking distance to Sunset Pool! ~KITCHEN/DINING: New entry door with direct access from the protected carport for easy grocery transfer. Includes dishwasher, range, refrigerator, microwave and some small appliances plus some kitchenware such as dishes and silverware. Stainless steel sink plus a pantry. Dining room has a custom built-in storage cabinet. ~LIVING ROOM/LANAI: Spacious living room with plenty of natural light. There is a half wall of display or book cases separating it from the dining room. The living room sliding door flows into the screened lanai that has ceramic tile floors. ~2 BEDROOMS/2 FULL BATHROOMS: Large owners bedroom suite is large enough for king sized furniture and has a large walk-in closet plus a private en-suite bathroom with a step-in shower. The guest bedroom is generous in size, has a walk-in closet with the guest bathroom just steps away. It has a shower/tub combo and a newer quartz vanity. ~ ~MONTHLY LOT RENT: $992.98(market rate TBD by community; subject to change) covers all of the community amenities plus almost all other typical monthly expenses such as water, sewer, trash pickup, recycling, all property taxes plus lawn care. The active adult lifestyle is designed to help you enjoy the finer things in life! ~9 community buildings includes 4 meeting halls ~6 community pools ~2 fitness centers ~Over 20 ponds/lakes/inlets ~Marina on the Manatee River: 75 slips/boat trailer storage (nominal fee) ~Fishing pier, outdoor pavilion, fireplace ~Fenced Dog Park ~ 2 Nature Preserves; Micro forest to walk, Mangroves to kayak ~ Billiards Room ~Woodworkers Shop ~Arts/Crafts, game/card rooms ~Libraries ~Pickle-ball, tennis, shuffle, horseshoe courts ~45+ miles of roadways for walking/riding ~24/7 roving courtesy patrol ~Planned activities every day including holidays ~30+ clubs to join ~Golf cart accessible shopping plaza at Creekside Commons (Lowes, Aldi, Home Goods, Restaurants, plus more!) ~~Your dream destination and new lifestyle await! Live where everyone else goes on vacation! ~~ Florida MH Sales, LLC cannot guarantee or warrant the accuracy of this information, measurements or condition of any property. Measurements are approximate. All homes are sold AS IS and personal or professional inspection is encouraged. The buyer assumes full responsibility for obtaining all current rate of lot rent fees and pass-on costs, rules/regulations, pet policies, etc., associated with the park from the community administrative office. Florida MH Sales, LLC is not responsible for quoting of fees or policies. Located midway between Tampa and Sarasota.
MlsNumber:	11282363

Listing Provided By:	Florida MH Sales, LLC dba Mobile Home Sales by Jen, original listing
Name:	Florida MH Sales, LLC dba Mobile Home Sales by Jen
Phone:	(800) 604-0715 xx700
Office Name:	Florida MH Sales, LLC dba Mobile Home Sales b
Office Phone:	(941) 233-8830 xx700
Agent Name:	Pamela Pumilia
Disclaimer:	Copyright Â© 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

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.

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.

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Property Details

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Description/Comments

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HUD Foreclosures

Foreclosure Listings Increasing