tomo logo

$550,000

Beds
3
Baths
2.0
sq ft
2,174

18695 NE 5th Terrace Rd, Citra, FL 32113

18695 NE 5th Terrace Rd

CITRA, FL 32113

  • 6 days on market
Escape to your own slice of paradise with this mini farm conveniently located near Gainesville and Ocala. This enchanting property artfully combines modern amenities with a hint of classic Tuscany, making it the ideal retreat for artists, nature enthusiasts, and equestrian lovers alike. Enjoy peace of mind with sustainable energy solutions including a whole-house Generac generator and solar panels that help manage power costs while being eco friendly! Chef’s Kitchen: Experience culinary excellence in a spacious chef's kitchen featuring stunning granite countertops with underlighting, along with a generous breakfast bar and island that flows into an inviting pool area—perfect for entertaining! The dining area and family room also open to the patio. Slip into relaxation in the inground pool complete with customizable night lighting. Spend evenings on the covered patio overlooking your serene surroundings and cozy fireplace-style fire pit. Retreat to your primary bedroom which features an elegant ensuite bath equipped with a ceramic Italian-style shower, plus access to a private outdoor deck—a tranquil space for morning coffee or evening stargazing. Artist’s Touch Throughout: Revel in unique artistic designs showcased by hand-painted concrete floors and intricate woodwork that evoke Italian/Greco charm throughout the home. For equestrian needs, there is a spacious two-stall barn complete with a central feed room. Numerous pastures and paddocks are fully fenced and cross-fenced, boasting gated entryways that provide ample room for maneuvering any size trailer you may possess! Many trailheads are nearby, or you can reach WEC within just 30 minutes! Additional features include a storage shed and an extra covered area attached to a large workshop. Versatile Living Spaces: The family room seamlessly connects to the dining area as well as the kitchen, complemented by a separate living room. Split bedrooms along with inside laundry featuring hand-painted cabinets enhance this property’s appeal; not to mention the charming front porch! Attached Artist Studio: Unleash your creativity in your very own artist studio—an inspiring space designed to foster imagination! This exceptional mini farm offers more than just land; it presents an enriching lifestyle—a harmonious blend of comfort, artistry, and nature waiting for you and your horses! New metal roof 2022, Whole House Generator 2020, New AC 2019

Details

Property type

Single Family Residence

Est. home value

$447,254

Lot size

6.03 acres

Price per sq ft

$253

Year built

2004

Annual property taxes

$2,042.54

HOA

No

Price History

12/17/2024
StellarMLS

StellarMLS #OM691434

Listed
$550,000
+120%
07/28/2017
StellarMLS

StellarMLS #OM516135

Sold
$250,000

Schools & Community

Elementary school: 

Sparr Elementary School

Middle school: 

North Marion Middle School

High school: 

North Marion High School

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

$300,630
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$205,370
Cash to seller
$300,630

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

Seller’s Loan History

Lender

Newrez Llc

Loan start date

April 2022

Original loan amount

$216,000

Est. remaining balance

$205,370

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Lynn M Hall and Thomas E Hall

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: 12/23/2024 at 1:25 PM

Listing updated: 12/22/2024 at 8:57 AM

Listed by: Caren Risley, KICK N BACK REALTY LLC Phone #: (352) 289-0181

MLS: StellarMLS #OM691434

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