1573 N ARKANSAS TERRACE, Hernando, FL, 34442 | $152,000

SELLER MOTIVATED! PRICED 10K BELOW APPRAISED VALUE. ONE YEAR HOME WARRANTY w/Acceptable Offr. FULLY RENOVATED 2-Bedroom, 2-Bathroom home w/LVP Flooring thruout, NO POLY PIPING and a 30’ Screened Lanai plus an ADDITIONAL RV DRIVEWAY w/POWER POLE and Close-by Water Connection. INTERIOR: Great Room includes the Family/Kitchen/Dining Areas. KITCHEN: Numerous Cabinets, Tons of Counter Space and Newer Kitchen Appliances. BATHROOMS: New Adorable Mirrors, Cabinets, Hardware, Fixtures. EXTERIOR: NEW PAINT AND SKIRTING. NEW 240sf ENCLOSED ROOM off the Lanai w/Heat and Cooling and Sliders out to the NEW DARLING COVERED PORCH. Triple-filter Water Filter, Water Softener, LOCATION, LOCATION, LOCATION !! Conveniently Located Only 10 Miles to Ocala for Big City Shopping/Entertainment or 6 Miles to Lecanto for Suburban Shopping. Withlacoochee State Trail and River are practically in your backyard, and you’ll be Only 10 Miles to Crystal River to Enjoy the Gulf Side of Florida! NOTE: Drapes, Rods, Valances do NOT convey.

Features

  • Rooms: 10
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 75 x 125
  • Laundry: Electric Dryer Hookup, Other, Washer Hookup
  • Year Built: 1985
  • Garage: Driveway, RV Parking
  • Heating: Central, Electric, Heat Pump, Wall Units / Window Unit
  • Cooling: Central Air, Wall/Window Unit(s)
  • Approx Sq. Feet: 1,192
  • Acreage: 0.22
  • Lot Size: 75 x 125
  • Est. Taxes: $624
  • Lot Desc: Cleared, In County, Landscaped, Level
  • View: Garden, Trees/Woods
  • Elem. School: Hernando Elementary
  • Middle School: Inverness Middle School
  • High School: Citrus High School
  • Appliances: Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System, Water Softener
  • MLS#: OM718868
  • Days on Market: 84 days
  • Website: https://www.raveis.com
    /prop/OM718868/1573narkansasterrace_hernando_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 5/15/2026 2:34:11 AM)
Listing courtesy of TROPIC SHORES REALTY LLC   Phone: 352-684-7371

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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1573 N ARKANSAS TERRACE, Hernando, FL, 34442

$152,000

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 $121,600 $121,600 $121,600
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.375% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.524% 5.730%
Monthly Tax Payment $52 $52 $52
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $728 $759 $993
Total Monthly Payment $855 $886 $1,120

* 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.