5401 SE 162nd STREET, #32, Summerfield, FL, 34491 | $499,000

Check out this 10. 19 Acre property in the gated community of Silverleaf Hills Estates! This property has 2 homes located on the property ~ The main house features 1 bedroom/1 bathroom, living room, and kitchen. The second home is a unique frame/stilt home featuring 2-bedrooms, 1 bathroom, living room, dining area and kitchen, and wrap around porch with plenty of room to store equipment, golf cart, etc. underneath frame of home. Could be converted into a Barndominium Home is in wooded setting, with cleared pastures beyond for your horses. Silverleaf Hills Estates is a newly developed equestrian community with an HOA that includes 45 parcels, offering stunning views, rolling hills and picturesque home sites. This breathtaking property is known for its charming countryside, Granddaddy oak and palm trees, magnificent barns and peaceful lakes and creeks. Located only minutes away from Ocala and The Villages - the amenities include underground utilities, paved streets, gated access and deed restrictions. Call today to tour this property!

Features

  • Amenities: Gated
  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 335 x 1325
  • Laundry: Inside, In Kitchen
  • Year Built: 1994
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,404
  • Acreage: 10.19
  • Lot Size: 335 x 1325
  • Est. Taxes: $6,094
  • HOA Fee: $1,325 Annually
  • Lot Desc: Cleared
  • View: Trees/Woods
  • Elem. School: Harbour View Elementary School
  • Middle School: Belleview Middle School
  • High School: Belleview High School
  • Pet Policy: Yes
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • MLS#: OM681381
  • Days on Market: 56 days
  • Website: https://www.raveis.com
    /prop/OM681381/5401se162ndstreet_summerfield_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 11/21/2024 5:17:12 PM)
Listing courtesy of MEADOWS REALTY, LLC   Phone: 352-237-6400

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5401 SE 162nd STREET, #32, Summerfield, FL, 34491

$499,000

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 $399,200 $399,200 $399,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment $508 $508 $508
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,656 $2,653 $3,367
Total Monthly Payment $3,239 $3,236 $3,950

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.