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The Pride of Ownership can be seen throughout this Home and throughout the entire 5. 44 Acre Home Site in Lancala Farms.
The Home boasts 2, 280 SF and has been meticulously kept. The Home features 4 bedrooms and 2 bathrooms with a bonus room that could be an a 5th bedroom, an en suite, or office, and also has a 2nd family room with wet bar. The large kitchen has stainless steel appliances including a counter height convection oven, the living room has a wood fireplace with fan to circulate throughout the house, there are walk in closet in the master suite with walk in shower and large tub, and a large hallway that doubles as a study/office with a built in desk. Off the back of the home a 264 SF covered porch. The roof was recently replaced in 2019 and also a newer HVAC system in 2020. The home sits on 5. 44 acres and is entirely fenced and zoned agricultural for horses or livestock. The property also features a 10x20 shed with electricity and an 8 x12 lean to for covered storage, and a 50 amp RV hook up next to home.
The property is conveniently situated in Marion County for country living but close enough to Ocala and Dunnellon to enjoy all the amenities they have to offer. Zoned A-1 and located in the Horse Capitol of the World and just 12 miles from the new World Equestrian Center this could be a great working farm opportunity or just for the horse enthusiast as you can ride your horse from the house to several riding trails. For the adventure seekers Jennings Cave is just a short walk from the house and the world famous Rainbow Springs and KP Hole Park for kayaking and tubers is just a 10 minute drive.
The property also comes with a second septic system with water and electric which is a buildable site with its own separate address (15775 SW 36th Ave. ).
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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 | $328,000 | $328,000 | $328,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.880% | 7.295% | 6.644% |
Monthly Tax Payment | $140 | $140 | $140 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,210 | $2,210 | $2,835 |
Total Monthly Payment | $2,425 | $2,425 | $3,050 |
* 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.