tomo logo

$359,900

Beds
2
Baths
1.0
sq ft
720

1042 SE 50th Ter, Ocala, FL 34471

1042 SE 50th Ter

OCALA, FL 34471

  • 208 days on market
Nestled amidst two acres of picturesque landscape adorned with majestic oak trees, this exquisite property offers an unparalleled sense of tranquility and natural beauty. Welcome to your private oasis, where the harmony of nature meets the elegance of modern living. With the freedom to build your dream home, this property presents a rare opportunity to create a bespoke sanctuary tailored to your unique vision and lifestyle. Imagine waking up each morning to the soothing sounds of nature as your soundtrack. Please note: The current home is in need of a complete rebuild, providing a blank canvas for you to design and construct the perfect retreat. Whether you envision a contemporary masterpiece or a charming farmhouse, the possibilities are endless on this expansive property. Boasting a newer well, private septic system, and a dedicated power meter, this home site provides the perfect blend of convenience and self-sufficiency. And with no Homeowners Association restrictions, you'll have the freedom to bring your dreams to life without limitations.

Details

Property type

Single Family Residence

Est. home value

$192,489

Lot size

2.0 acres

Price per sq ft

$500

Year built

1963

Annual property taxes

$2,275.43

Price History

04/25/2024
StellarMLS

StellarMLS #T3521838

Listed
$359,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$238,589
Asking price
$359,900
Closing costs (~8% of asking)
-$28,792
Est. remaining loan balance
-$92,519
Cash to seller
$238,589

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

E Loans Mortgage Inc

Loan start date

June 2022

Original loan amount

$96,000

Est. remaining balance

$92,519

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Christian M Concepcion and Jacqueline Rivera

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/19/2024 at 12:30 PM

Listing updated: 09/04/2024 at 1:13 PM

Listed by: John Aponte, PEOPLE'S TRUST REALTY Phone #: (727) 946-0904

MLS: StellarMLS #T3521838

StellarMLS logo

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