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942 NE 5th STREET, Ocala, FL, 34470 | $425,000
Two Homes on this Property! Bungalow Style 2 Bedroom, 2 Full Bath Main Home with a Detached Guest Home that has a Full Bathroom, Full Kitchen and a Bedroom area & Detached Two Car Garage. Main Home Has a New Roof in November 2023 and Guest House New Roof in 2020. Main Home had a Full Renovation from 2010 to 2012 and Guest House in 2020. All Electrical, Plumbing, Kitchen Cabinets, All Bathrooms Fully Renovated, All Flooring, And All Windows & Exterior Doors in Both Homes. Each residence has its Own Breaker Panel and Tankless Gas Hot Water Heaters. The Primary Bedroom in the Main Home has a Large Walk In Closet and a 2nd Closet and En Suite Bathroom with a nice Custom Tiled Shower. The Guest Home is Completely Tiled and has its Own Entrance. There is a Beautiful Brick CourtYard with a Gas Built In Firepit between the Two Homes. The Detached Garage is Almost 500 Sq Ft is Off the Alley Access in the Rear of the Property, this was Constructed in 2020. Full House Gas Generator was Added in 2020. Full Privacy Fence in 2024, Around the perimeter of the Rear and Sides of the Property. Both Homes Can be Sold Furnished. No HOA in this Area, Great for Short Term Rental or Permanent Residence. This Property is Close to Downtown Ocala, less than 3 miles to Both Hospitals, and New Restaurants at Tuscawilla Park area. Also 9 Miles to the World Equestrian Center from this property.
Features
- Rooms: 7
- Bedrooms: 3
- Baths: 3 full
- Laundry: Inside
- Style: Bungalow
- Year Built: 1927
- Garage: 2-car Alley Access, Garage Door Opener, Garage Faces Rear, Oversized
- Heating: Natural Gas
- Cooling: Central Air
- Approx Sq. Feet: 1,808
- Acreage: 0.26
- Est. Taxes: $2,575
- Lot Desc: City Lot
- Pet Policy: Yes
- Appliances: Dishwasher, Microwave, Range, Refrigerator, Tankless Water Heater
- MLS#: OM685567
- Days on Market: 53 days
- Website: https://www.raveis.com
/prop/OM685567/942ne5thstreet_ocala_fl?source=qrflyer
Listing courtesy of SELLSTATE NEXT GENERATION REAL Phone: 352-387-2383
William Raveis Family of Services
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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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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
942 NE 5th STREET, Ocala, FL, 34470
$425,000
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 | $340,000 | $340,000 | $340,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
| Monthly Tax Payment | $215 | $215 | $215 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,319 | $2,260 | $2,892 |
| Total Monthly Payment | $2,609 | $2,550 | $3,182 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388