tomo logo

$395,000

Beds
3
Baths
2.0
sq ft
1,770

20595 SE Hwy 42, Umatilla, FL 32784

20595 SE Hwy 42

UMATILLA, FL 32784

  • 5 days on market
Welcome to 20595 SE Hwy 42, Umatilla, FL 32784 – a rare and unique opportunity to own two newly remodeled concrete block homes on 1.17 private, gated acres with no HOA! The main home offers 3 bedrooms, 2 full bathrooms, and 1,770 sq ft of living space, featuring a charming Florida room with original wood paneling, all-new kitchen and bathrooms, granite countertops, and a thoughtful blend of character and modern updates throughout. The roof was replaced just 3 years ago, and the central AC system is only 6 years old. The detached in-law quarters (or guest house) offers an additional 864 sq ft with 1 bedroom, 1 full bathroom, a full kitchen, living room, dining area, and laundry. Nearly the entire guest home has been remodeled, and the seller is completing finishing touches including fresh soffit paint, new stone siding around the entry, and the installation of a brand-new water softener and carbon filter system. Both homes run on well water and septic, and the entire property is fully fenced with a locking gate for privacy and security. With plenty of space for RVs, boats, hot rods, and outdoor toys, the property offers a concrete driveway, mature trees, and a peaceful setting, yet is close to everything! Located just 8 miles from The Villages, you’ll enjoy quick access to endless dining, shopping, golf, and entertainment options. Nearby lakes provide boating and fishing opportunities, and you’re just a short drive to Ocala, Leesburg, and Eustis, with Orlando and Gainesville reachable in about an hour. This is a fantastic opportunity for multi-generational living, rental income potential, or simply enjoying extra space to grow and live freely. Homes like this don’t come along often – schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$361,080

Lot size

1.17 acres

Price per sq ft

$224

Year built

1980

Annual property taxes

$1,943

HOA

No

Price History

03/26/2025
StellarMLS

StellarMLS #L4951749

Listed
$395,000
+146.88%
11/20/2024
StellarMLS

StellarMLS #G5085391

Sold
$160,000
-15.79%
11/09/2024
StellarMLS

StellarMLS #G5085391

Pending
$190,000

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

$263,660
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$99,740
Cash to seller
$263,660

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

Seller’s Loan History

Lender

Phh Mortgage Services Corp

Loan start date

June 2014

Original loan amount

$128,571

Est. remaining balance

$99,740

Interest rate

4.27%

Loan type

New Conventional, 30 year

Seller

Lorie Jean Gregory

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?

Status: Active

Tomo last checked: 04/01/2025 at 2:10 PM

Listing updated: 03/28/2025 at 1:27 PM

Listed by: Mike Blackburn, EXP REALTY LLC Phone #: (888) 883-8509

MLS: StellarMLS #L4951749

StellarMLS logo

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