17538 SW 38 Terrace ROAD, Ocala, FL, 34473 | $344,000

Under Construction. OVERSIZED LOT. Construction start date 11/11/2024 with an estimated completion date of May 2025. This 4-bedroom 3-bathroom 2-car garage open concept floor plan features a primary suite that has plenty of natural light, tray ceilings, two closets and dual granite countertop sinks plus an oversized walk-in shower. The second and third bedrooms are joined with a JACK AND JILL BATHROOM with a double granite countertop sink vanity. The fourth bedroom can also be used as your office or creative flex space. Granite countertops can be found in the kitchen, laundry and bathroom areas, a kitchen island with a dishwasher with an oversized two-bowl sink, stainless steel appliances, WINE REFRIDERATOR and walk-in pantry. FRENCH DOORS leading from the dining area to the lanai, upgraded light fixtures, vaulted and tray ceilings (8-foot ceiling height), a barn door offering privacy to the owners suite, luxury vinyl plank flooring throughout the living space and carpet in all bedrooms complete this home. Buyer may select colors for roof shingles, cabinets, granite, exterior paint, luxury vinyl plank flooring, carpet and bathroom tile color from builder color selections. Builder warranty. NO HOA- Deeded community. Home on well water saving you money each month with no water bill! Buyer can choose colors from the builders website for granite, cabinets, bathroom tile, carpet, luxury vinyl plank flooring and exterior paint up until 1/15/2025. Interior paint is chosen by builder.

Features

  • Rooms: 7
  • Bedrooms: 4
  • Baths: 3 full
  • Lot Size: 125 x 175
  • Laundry: Laundry Room
  • Year Built: 2024
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,926
  • Acreage: 0.5
  • Lot Size: 125 x 175
  • Est. Taxes: $344
  • Lot Desc: Cleared, Oversized Lot
  • Appliances: Cooktop, Dishwasher, Microwave, Refrigerator, Wine Refrigerator
  • MLS#: O6198125
  • Days on Market: 210 days
  • Website: https://www.raveis.com
    /prop/O6198125/17538sw38terraceroad_ocala_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 11/17/2024 1:47:07 PM)
Listing courtesy of KELLER WILLIAMS CLASSIC   Phone: 407-292-5400

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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

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17538 SW 38 Terrace ROAD, Ocala, FL, 34473

$344,000

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 $275,200 $275,200 $275,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.582% 7.159% 6.518%
Monthly Tax Payment $29 $29 $29
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,877 $1,829 $2,360
Total Monthly Payment $1,981 $1,933 $2,464

* 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.