1989 NW 111th LOOP, Ocala, FL, 34475 | $609,900

CALLING ALL buyers in search of a PEACEFUL and BEAUTIFUL piece of Ocala's Equestrian lifestyle! VERY SPECIAL, custom home in Summit Downs, a gated community tucked inside the mini farm community of Ocala Downs, which is also gated! What peace of mind you can have feeling so secure! Sitting on a gorgeous 1. 24 acre lot, this very sharp looking home has 3 bedrooms, 2 bathrooms, 2342 living sq ft and a large open screened patio overlooking the neighboring horse farm. MANY UPGRADES: Amazing custom kitchen with granite tops, wood Cabinetry with new Amerock hardware and soft close hinges, under counter LED lighting, custom stone backsplash, wine refrigerator, new sink and new gun metal fingerprint-less stainless steel appliances. The stone gas fireplace was enhanced and sealed. All interior and exterior doors received new hinges, handles and locks. Custom Plantation Shutters were installed and shelving was upgraded in laundry room and both master bedroom closets. In both bathrooms are granite tops, new sinks, new faucets, rebuilt toilet tanks and soft close lids. Master bath has custom made vanity. Laundry room has new laundry tub, new faucet and granite tops. All new smoke detectors, ceiling fans, switches, receptacles and plates. The patio has a 220V to add a hot tub. All new interior and exterior lighting(converted to LED) and paint. New septic lateral field in 2022 along with a septic pump out, new 30 Yr GAF brand shingle roof installed Oct 2023 with transferable warranty, new 7 zone sprinkler system and Florida friendly landscaping using river rock was installed. The home has a central vacuum system, side load garage, beautiful stone accents on the front and has an inviting farmhouse feel. You MUST come see this home, fall in love and make it yours!

Features

  • Rooms: 10
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 209 x 258
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Year Built: 2002
  • Garage: 2-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,342
  • Acreage: 1.24
  • Lot Size: 209 x 258
  • Est. Taxes: $6,349
  • HOA Fee: $500 Annually
  • Lot Desc: Cleared, Oversized Lot
  • Elem. School: Fessenden Elementary School
  • Middle School: North Marion Middle School
  • High School: North Marion High School
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener, Wine Refrigerator
  • MLS#: OM683846
  • Days on Market: 90 days
  • Website: https://www.raveis.com
    /prop/OM683846/1989nw111thloop_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 11/22/2024 5:25:59 AM)
Listing courtesy of BERKSHIRE HATHAWAY HS FLORIDA   Phone: 352-622-9700

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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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Our Insurance Division:

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1989 NW 111th LOOP, Ocala, FL, 34475

$609,900

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $487,920 $487,920 $487,920
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 $529 $529 $529
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,246 $3,243 $4,115
Total Monthly Payment $3,867 $3,864 $4,736

* 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.