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1951 NW 114th LOOP, Ocala, FL, 34475 | $950,000
Under contract-accepting backup offers. Short Sale. SHORT SALE! 21 Acre Horse Farm located in the beautiful Ocala Downs Community. This property has rolling hills and is fenced and cross-fenced with a beautiful Oak Hammock that reminds you of a State Park. The driveway is paved and makes a big circle from the road, barns, and to the house. This land has gorgeous views to the west, one can see for many miles. Northerly views are of the manicured gated community that has bridle trails for a nice trail ride or afternoon hack. This property has the main house and another 1080 sq ft efficiency apartment on the other side farm with two open garages on either side. The main house up on the hill has 5 bedrooms and 3 1/2 baths. Bedrooms have walk-in closets. 3 car garage has a bonus room with a half bath, then the laundry room connects to the house. This house will need a good amount of TLC but will definitely be worth the effort. Woods around the house have overgrown, oRevwner states years back the undergrowth was cleared which gave a beautiful view of the rolling hills. The main barn is a shed row style with 4 nice stalls and the tack/feed room. Multiple pole barns with stalls incorporated for feeding and stabling field horses. This property is divided into multiple fields and is laid out to handle many horses. This location is only 15 minutes from downtown Ocala, close to all of the showgrounds, and located within a short drive to all amenities for shopping, groceries, and farm goods.
Features
- Rooms: 4
- Bedrooms: 5
- Baths: 3 full / 1 half
- Laundry: Inside
- Year Built: 1999
- Garage: 3-car
- Heating: Electric, Heat Pump
- Cooling: Central Air
- Approx Sq. Feet: 2,287
- Acreage: 21.52
- Est. Taxes: $3,942
- HOA Fee: $1,380 Annually
- Pool: Gunite
- Pet Policy: Yes
- Appliances: Microwave, Range, Refrigerator
- MLS#: G5069266
- Days on Market: 242 days
- Website: https://www.raveis.com
/prop/G5069266/1951nw114thloop_ocala_fl?source=qrflyer
Listing courtesy of REALTEAM REALTY INC. Phone: 352-394-1144
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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860.690.5052
Robert.Reade@raveis.com
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
1951 NW 114th LOOP, Ocala, FL, 34475
$950,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $760,000 | $760,000 | $760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
| Monthly Tax Payment | $329 | $329 | $329 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,866 | $4,866 | $6,673 |
| Total Monthly Payment | $5,286 | $5,286 | $7,093 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388