tomo logo

$1,270,000

Beds
3
Baths
2.0
sq ft
1,926

10502 SE 29th Ave, Ocala, FL 34480

10502 SE 29th Ave

OCALA, FL 34480

  • 30 days on market
This 10-acre equestrian estate in the highly sought-after Southeast Ocala presents an exceptional blend of tranquility and convenience. Situated at the end of a paved road, it remains in close proximity to trails, shopping, dining, and entertainment options. The property is fully fenced and cross-fenced, featuring recently upgraded three-board fencing, and is adorned with beautiful scattered oak trees and well-established pastures, one of which includes two run-in shelters. The meticulously maintained residence boasts tile flooring throughout, an updated kitchen equipped with stainless steel appliances, including a five-burner gas cooktop and double ovens, a closet pantry, and granite countertops. Additional highlights include a wood-burning fireplace, spacious bedrooms, and a Florida room that offers views of the backyard. The home is also complemented by a newer architectural shingle roof (installed in 2020), a gas water heater (2020), a 500-gallon propane tank, and an attached two-car garage. At the rear of the home, a patio with a gas fire pit leads to a sparkling swimming pool enclosed by a screen. The center aisle Morton barn is designed for equestrian needs, featuring four matted stalls with swing-out feed doors, run-outs, fans, electricity, a tack room, and additional storage space or potential for more stalls. Furthermore, there are nine additional stalls (including two foaling stalls) in two nearby barns, each equipped with their own tack area and a shared wash rack. For those in need of extra storage, a dedicated 28' x 48' equipment barn is available, ideal for trailers, tractors, and other equipment. If you are seeking additional living space, the adjacent 3-acre property is also on the market and includes a 3-bedroom, 2-bathroom manufactured home.

Details

Property type

Single Family Residence

Est. home value

$735,250

Lot size

10.0 acres

Price per sq ft

$660

Year built

1981

Annual property taxes

$4,706

HOA

No

Price History

12/24/2024
StellarMLS

StellarMLS #OM691791

Listed
$1,270,000
+71.62%
12/07/2023
StellarMLS

StellarMLS #OM666215

Sold
$740,000

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

$721,042
Asking price
$1,270,000
Closing costs (~8% of asking)
-$101,600
Est. remaining loan balance
-$447,358
Cash to seller
$721,042

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

December 2023

Original loan amount

$451,770

Est. remaining balance

$447,358

Interest rate

7.63%

Loan type

FHA, 30 year

Seller

Mayrelis Fernandez

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: 01/23/2025 at 1:25 PM

Listing updated: 01/07/2025 at 9:14 PM

Listed by: Jorge Prat, LOKATION Phone #: (954) 545-5583

MLS: StellarMLS #OM691791

StellarMLS logo

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