2531 SE 40th STREET, Ocala, FL, 34480 | $864,900

This beautiflul SE Ocala home in the Deep Woods subdivision was made for entertaining. Over 3800 living square feet includes the 3/2 MAIN HOME with 2, 700 of living space plus a 1/1. 5 SEPARATE GUEST HOUSE/in-law suite with 1, 117 living square feet. The 2 car garage is attached to the main house and there is AN ADDITIONAL 2 CAR 32X34 detached garage.
Added in 2012, the covered lanai was custom designed for entertaining and includes a full outdoor kitchen with granite countertops, stainless steel appliances, wine fridge, 5 heaters, recessed lighting, outdoor surround sound system and a working antique, wood burning stove. The separate Guest House has a main living area, a spacious bedroom with a walk in closet and sliders that access the patio where the outdoor shower is located, a full bathroom, and an additional half bath with a changing room that is also accessible to the pool. A tankless hot water system is used for the Guest Home. The gorgeous 21X34 salt water pool includes a 7x13 heated spa and a sun shelf.
The metal roof, pool, guest house and outdoor kitchen all added in 2012. HVAC main house 2009. Wood floors, interior paint, new interior doors and moulding throughout the main home done in 2021. Main house bathroom remodels and exterior paint done in 2022.
Room measurements are estimated.

Features

  • Rooms: 7
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Lot Size: 194 x 346
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Style: Ranch
  • Year Built: 1981
  • Garage: 4-car
  • Heating: Central, Natural Gas
  • Cooling: Central Air
  • Approx Sq. Feet: 3,808
  • Acreage: 1.54
  • Lot Size: 194 x 346
  • Est. Taxes: $6,623
  • Pool: Gunite, In Ground, Salt Water
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Wine Refrigerator
  • MLS#: OM681301
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/OM681301/2531se40thstreet_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 7/6/2024 11:32:10 PM)
Listing courtesy of CRYSTAL SNOOK REAL ESTATE   Phone: 352-630-5270

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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2531 SE 40th STREET, Ocala, FL, 34480

$864,900

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $691,920 $691,920 $691,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.838% 7.002% 6.915%
Monthly Tax Payment $552 $552 $552
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,662 $4,545 $6,123
Total Monthly Payment $5,306 $5,189 $6,767

* 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.