Welcome to your dream home in Marion Oaks! This well-maintained 3-bedroom, 2-bathroom home boasts tile floors throughout for easy maintenance and an open layout that feels both spacious and inviting. Recent upgrades include a brand-new roof (2024) and newer appliances, ensuring peace of mind and modern convenience. The open kitchen flows into a cozy family room, while the formal living and dining rooms provide added space for entertaining or family gatherings. With high ceilings and abundant natural light, every corner of this home feels airy and comfortable. The primary suite is truly a retreat, featuring his and hers vanities and not one but two separate walk-in closets. The property is fenced for privacy and set on a low-maintenance lot, making it perfect for family life or as an investment property. Located in the heart of Marion Oaks, this home benefits from easy access to major roads like Highway 484 and I-75, providing quick commutes to downtown Ocala and beyond. Nearby amenities include the Marion Oaks Community Center and Library, along with local shops, restaurants, and recreation areas like Greenway Park and Ross Prairie State Forest. Owning property in Ocala, Florida offers tremendous investment potential, as this area has become increasingly popular for its blend of natural beauty, affordable living, and a steady influx of new residents. With no HOA fees or Community Development District (CDD) costs, this property is truly on the low maintenance side in a highly sought-after market. Whether you’re looking to call it home or add it to your portfolio, this Marion Oaks gem is a fantastic opportunity! Room sizes are estimates and are to be verified by and/or buyers agent.
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Our Executive Mortgage Banker:
Our Insurance Division:
$320,000
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 | $256,000 | $256,000 | $256,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $179 | $179 | $179 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,746 | $1,701 | $2,159 |
Total Monthly Payment | $1,999 | $1,954 | $2,412 |
* 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.