tomo logo

$549,000

Beds
4
Baths
3.5
sq ft
2,059

2049 NW 111th Loop, Ocala, FL 34475

2049 NW 111th Loop

OCALA, FL 34475

  • 74 days on market
    • Price drop $30,000↓
Nestled on over an acre in the prestigious gated community of Summit Downs, this enchanting estate offers both privacy and a serene countryside ambiance. Summit Downs is surrounded by the renowned Ocala Downs, a well-established equestrian haven that showcases the stunning beauty of Central Florida’s horse country—ideal for those seeking a tranquil, picturesque lifestyle. The 4-bedroom, 2-bath home rests at the heart of the property and features ample curb appeal thanks to gentle shade from mature oaks, professional landscaping, and large yards. Step through brand new front doors and experience an immediately freshly painted interiors that showcase super high volume ceilings, abundant natural light, and tasteful wood-look laminate and tile flooring throughout. The heart of the home is the kitchen, a true culinary delight with its generous counter space, ample cabinetry, tiled backsplash, a large breakfast bar, additional pantry storage, and lots of light from skylights. Perfectly positioned, the kitchen seamlessly connects to both the living and dining areas, making it an ideal hub for gatherings and daily life. The primary suite is a great place to unwind after a long day with a spacious layout, a large walk-in closet with shelving system, linen closet, and a stunning en-suite bathroom that includes a vessel sink and a large glass-door shower. If you’re looking to enjoy the year-round sunshine, the enclosed lanai at the back of the home is the perfect option with multiple ceiling fans and lovely views to the backyard area. Beyond is a screen-enclosed green area with a lovely koi pond– this space is incredibly unique and is a phenomenal option for those who enjoy spending time tending a garden or simply spending time outdoors and entertaining. The large backyard is fenced-in with 3-board fencing and provides direct access to the community’s horse and walking trails via a gate. Conveniently located just a short drive from Ocala’s vibrant array of shopping, dining, and entertainment options, this property truly offers the best of both worlds—a perfect blend of peaceful countryside living and modern convenience!

Details

Property type

Single Family Residence

Est. home value

$512,052

Lot size

1.23 acres

Price per sq ft

$267

Year built

1999

Annual property taxes

$2,446.58

Monthly HOA fee

$41.67

Price History

10/22/2024
StellarMLS

StellarMLS #OM684371

Price change
$549,000
-5.18%
08/23/2024
StellarMLS

StellarMLS #OM684371

Listed
$579,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Seller’s Loan History

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

Lender

The Park Avenue Bank

Loan start date

April 2003

Original loan amount

$25,766

Est. remaining balance

$0

Interest rate

5.84%

Loan type

Not Provided, 5 year

Seller

John H Summers and Melissa Summers

Lender

Olympic Funding Mtg

Loan start date

July 2002

Original loan amount

$163,000

Est. remaining balance

$76,701

Interest rate

6.81%

Loan type

Not Provided, 30 year

Seller

John H Summers and Melissa A Summers

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: 11/05/2024 at 4:25 PM

Listing updated: 10/22/2024 at 12:56 PM

Listed by: Mary O'Neal, SHOWCASE PROPERTIES OF CENTRAL Phone #: (352) 351-4718

MLS: StellarMLS #OM684371

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