2485 SE 159th Lane ROAD, Summerfield, FL, 34491 | $325,000

One or more photo(s) has been virtually staged. Wow! Value priced home in Virmillion Estates on a spacious 1+ acre lot, zoned A1 for horses and animals! You are welcomed with plenty of parking space and enhanced curb appeal from stone accents and a covered front porch. Offering 3 bedrooms, 2 bathrooms and a large bonus room - there is plenty of room for the whole family. Inside, beautiful and durable tile floors carry throughout the home and a stone fireplace with wood accent wall anchors the open living room. The semi-open kitchen features all appliances, sink overlooking the back yard and adjacent dinings space with access to the back porch. The primary suite boasts an ensuite bathroom with dual sink vanity and walk-in shower, plus a walk-in closet and sliding glass door to the screened back porch. The split bedroom layout features two additional bedrooms with an adjacent guest bath with a shower/tub combo. The huge bonus room would be the perfect family room, game room, or study. The covered and screened back porch overlooks the gently rolling, private backyard that is fully fenced with chain link. Beyond are multiple storage sheds that could convey if a buyer wishes. This spacious lot has plenty of room for parking out front and back for cars, RVs, toys, etc. (including RV power hookup), an expansion or addition, a swimming pool or whatever you desire! A brand new shingle roof will also be installed with an acceptable offer! Virmillion Estates is a deed restricted community in South Marion County with easy access to The Villages, Belleview, Ocala and Lake Weir. Please enjoy the attached video and 3D tours.

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 157 x 300
  • Laundry: Inside, Laundry Closet
  • Year Built: 1979
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,782
  • Acreage: 1.08
  • Lot Size: 157 x 300
  • Est. Taxes: $1,274
  • HOA Fee: $25 Annually
  • Lot Desc: Cleared, Level, Pasture, Street Dead-End, Zoned for Horses
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: OM686487
  • Days on Market: 24 days
  • Website: https://www.raveis.com
    /prop/OM686487/2485se159thlaneroad_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 11/20/2024 1:18:04 AM)
Listing courtesy of REMAX/PREMIER REALTY   Phone: 352-732-3222

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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2485 SE 159th Lane ROAD, Summerfield, FL, 34491

$325,000

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 $260,000 $260,000 $260,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.875% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.425% 7.146% 6.276%
Monthly Tax Payment $106 $106 $106
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,708 $1,728 $2,193
Total Monthly Payment $1,889 $1,909 $2,374

* 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.