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16242 SW 55th STREET, Ocala, FL, 34481 | $150,000
Under contract-accepting backup offers. PROPERTY IS PENDING - SELLER IS TAKING BACK UP OFFERS - CALLING ALL INVESTORS - Looking for your next project, this property has great potential. This home is located in the quiet neighborhood of Westwood Acres South, just off of Rt 40 about 8 miles West of the World Equestrian Center. Zoned A1 so bring your animals and NO HOA fees. Sits on over an acre of land in a park like sitting. This could be a private, serene retreat with a little bit of work. There are two sheds on the property, both with electricity. These could be used as work shops and/or storage. There are also 2 carports that will house 3 cars. Split bedroom floor plan, fireplace in the living room, and an inside laundry room. It has an added Florida Room and deck on 3 sides of the home. Close to Dunnellon, Rainbow Springs State Park and WEC. Home has a metal roof but it is leaking. The floor also has soft spots and holes in some areas. All utilities are connected and working. All information came from public records. Buyers must do their due diligence and verify all information. Motivated Seller, all offers will be considered!!
Features
- Rooms: 4
- Bedrooms: 3
- Baths: 2 full
- Lot Size: 155 x 300
- Laundry: Inside, Laundry Room
- Year Built: 1981
- Heating: Central, Heat Pump
- Cooling: Central Air
- Approx Sq. Feet: 1,616
- Acreage: 1.07
- Lot Size: 155 x 300
- Est. Taxes: $1,736
- Lot Desc: Cleared
- View: Trees/Woods
- Elem. School: Dunnellon Elementary School
- Middle School: Dunnellon Middle School
- High School: Dunnellon High School
- Appliances: Dryer, Range, Range Hood, Refrigerator, Washer
- MLS#: OM683648
- Days on Market: 8 days
- Website: https://www.raveis.com
/prop/OM683648/16242sw55thstreet_ocala_fl?source=qrflyer
Listing courtesy of LOCAL REALTY SERVICES LLC Phone: 352-591-3350
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
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
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
16242 SW 55th STREET, Ocala, FL, 34481
$150,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $120,000 | $120,000 | $120,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
| Monthly Tax Payment | $145 | $145 | $145 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $829 | $798 | $1,012 |
| Total Monthly Payment | $1,049 | $1,018 | $1,232 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388