Welcome to Oak Trace, a delightful little piece of paradise located on the Southwest side of Ocala! This charming 2/2/1 villa strikes the perfect balance between style and practicality. As you step inside, you'll be greeted by a spacious living area, soaring ceilings, and skylights that allow natural light to fill the home throughout the day. With a brand new HVAC installed in 2023 and the roof installed in 2024, freshly painted inside and out, new vinyl plank flooring, and updated kitchen countertops and appliances, this home is ready for you to embark on your new adventure in Ocala or enjoy a simpler, maintenance-free lifestyle. In need of a larger primary bedroom? Consider this room your personal sanctuary—more spacious than the average bedroom, it features a generous walk-in closet and an en-suite bathroom. The guest bedroom is also comfortably sized, complete with a convenient pocket door leading to the guest bathroom for easy access. The highlight of the home is the Florida room that overlooks the backyard and forest, making it an ideal spot for curling up with a good book, unwinding after a long day, or even working from home in comfort. Don’t forget about the private back patio—perfect for enjoying your morning coffee or stargazing in the evening. For all you pet lovers, this villa includes an approved fenced-in area for your furry friends and a soft-top gazebo to provide shade on sunny afternoons! Oak Trace HOA includes cable and lawn maintenance and features gated access and a pool to help you cool off during those hot summer days. Plus, you're just a short distance from shopping, parks, restaurants, hospitals, The Square at On Top of the World (live music every weekend), Downtown Ocala, the World Equestrian Center, and I-75, making trips to Gainesville, Tampa, or Orlando theme parks incredibly convenient. This villa and community offer the ultimate blend of comfort, convenience, and that relaxed Florida lifestyle. Don’t miss out on this treasure—schedule your showing today!
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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:
$199,900
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 | $159,920 | $159,920 | $159,920 |
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 | 7.278% | 7.159% | 6.276% |
Monthly Tax Payment | $187 | $187 | $187 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,051 | $1,063 | $1,349 |
Total Monthly Payment | $1,313 | $1,325 | $1,611 |
* 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.