Located in Central Florida, Ocala offers a great location to enjoy daily trips within a couple of hours. Spend the day at Orlando Theme Parks, enjoy Tampa Bay activities, drive onto the beaches of Daytona Bech or enjoy fishing in the Gulf of Mexico off Cedar Key. A large covered front porch welcomes you to this home that features an open floorplan, 2 spacious bedrooms, 2 baths, vaulted ceilings and large kitchen with plenty of storage. The home includes additional tinted windows throughout allowing plenty of light, neutral décor throughout and new vinyl plank flooring. The oversized garage includes a garage service door, utility sink and laundry closet. This home includes natural gas heat and water heater. An enclosed porch with 284 square feet with and the backyard includes fencing and additional 468 square feet of patio area for entertaining. The yard if fenced with an irrigation system. The roof was installed in 2018. The Quarterly HOA fees are only $110 which includes a large clubhouse with weekly activities and community pool. This location offers easy access to Publix, Walgreens, I-75 and The World Equestrian Center that is now open to the public, hosting horse shows, entertainment and many restaurants! This is a 55+ Community with Deed Restrictions. The Quail Meadow Homeowner’s Association is currently working to gate the community and the seller is willing to Offer Owner Financing.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$274,500
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $219,600 | $219,600 | $219,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $115 | $115 | $115 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,479 | $1,460 | $1,852 |
Total Monthly Payment | $1,669 | $1,650 | $2,042 |
* 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.