4020 NE 5th TERRACE, Ocala, FL, 34479 | $319,000

Welcome home to this fully renovated 3 bedroom, 2 and a half bathroom gem. A circular driveway welcomes you into your very own oasis. A fully fenced backyard, light and bright Florida room, and spacious shed provides privacy, comfort, and additional storage. Enter the home into the foyer, where you are greeted to an oversized living room which boasts an abundance of natural light, vaulted ceiling beams and a custom stone faced fireplace. The kitchen has several entry points making it easily accessible from anywhere in the home. Enjoy newly installed appliances, granite countertops, cabinetry, a breakfast bar and bay window. The family room mirrors the living room with vaulted ceiling beams, and lovely natural light. Brand new French doors lead to a comfortable, air conditioned Florida room, which hosts a half bath enabling you to truly enjoy your outdoor activities. A split floor plan allows for privacy with all 3 bedrooms on the opposite side of the home. The primary suite features a sizable walk in closet with barn doors, offering style and saving space. The Primary bathroom offers privacy and a spa like experience. Enjoy peace of mind knowing the roof and HVAC were recently replaced, new flooring, fixtures, countertop and cabinetry throughout. This home is move in ready. This home is located in a quiet neighborhood, with close proximity to convenience. Ocala International Airport, AdventHealth Ocala, World Equestrian Center, numerous Golf clubs, major highways, retailers, and entertainment are all within minutes. Schedule your private showing today!

Features

  • Rooms: 11
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Lot Size: 110 x 132
  • Laundry: Inside
  • Year Built: 1979
  • Garage: 1-car Circular Driveway, Driveway
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,181
  • Acreage: 0.33
  • Lot Size: 110 x 132
  • Est. Taxes: $1,875
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: O6214112
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/O6214112/4020ne5thterrace_ocala_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 6/30/2024 7:32:14 PM)
Listing courtesy of KELLER WILLIAMS CLASSIC   Phone: 407-292-5400

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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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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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4020 NE 5th TERRACE, Ocala, FL, 34479

$319,000

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 $255,200 $255,200 $255,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.841% 7.159% 6.518%
Monthly Tax Payment $156 $156 $156
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,698 $1,696 $2,188
Total Monthly Payment $1,929 $1,927 $2,419

* 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.