tomo logo

$1,250,000

Beds
3
Baths
3.5
sq ft
4,144

2323 SE 5th St, Ocala, FL 34471

2323 SE 5th St

OCALA, FL 34471

  • 80 days on market
Welcome to this mid-century modern masterpiece! Upon entering this unique pool home you will immediately notice that architect Angus Andre McRae provided wonderful locations throughout the home for displaying artwork - a key component for original owners Jack and Dorothy Clark who were founding members of Fine Arts For Ocala. The design includes strategically placed windows and glass walls which flood the home with natural light and provide incredible connectivity with the outdoors. The redesigned kitchen is in keeping with the original vision of how the home should function and facilitate entertaining. The original fireplace has been paired with new custom walnut cabinetry and a large kitchen island overlooking the private and lush backyard. This unique space brings together friends and family during all seasons - for food tastings during summertime pool gatherings or cozy wintertime fireside chats. The backyard oasis includes an expansive pool complete with a water feature and spacious pool deck - perfect for large celebrations. You'll even find a practice pickleball court tucked away in the SE corner of the backyard. The home also includes a gathering / entertainment room - a perfect location to watch a ballgame, enjoy a friendly game of poker, host a book club meeting, or family game night. The gathering room includes custom cabinetry, full size fridge, wine fridge, ice maker, and dishwasher. French doors connect this versatile space to a lovely brick courtyard. This 3 bedroom, 3.5 bath home includes an office / bonus room complete with a second fireplace that also works well as a nursery, hobby room, or studio space. At the end of a long day you'll love retreating to the primary suite with it's expansive dressing room and spa style, garden bathroom. Here you will find a inviting shower overlooking a koi pond and orchid wall with waterfall feature. The main home totals 4,144 sq. ft. under heat and air, PLUS you'll love the additional 1,073 sq. ft. finished basement which is perfect for gym activities, a future wine cellar, cigar room, or theatre room and offers considerable storage options. There is also a recently renovated 560 sq. ft. 1 bedroom, 1 bath garage apartment with a private entrance, laundry, and HVAC system. This home is located within the coveted golf-cart friendly, Woodfields neighborhood in Downtown Ocala and just a short golf cart ride to the historic downtown square with award winning restaurants, boutiques, multiple parks, and weekly farm market. A Video Tour and extensive list of updates to this home is available. Roof 2024. HVAC Units: 2018, 2016, and 2013.

Details

Property type

Single Family Residence

Est. home value

$961,787

Lot size

0.52 acres

Price per sq ft

$302

Year built

1973

Annual property taxes

$12,063.24

HOA

No

Price History

09/03/2024
StellarMLS

StellarMLS #OM684796

Listed
$1,250,000
-3.62%
06/24/2024
StellarMLS

StellarMLS #OM674190

Removed
$1,297,000
05/02/2024
StellarMLS

StellarMLS #OM674190

Price change
$1,297,000
-7.16%

Schools & Community

Elementary school: 

Eighth Street Elem. School

Middle school: 

Osceola Middle School

High school: 

Forest High School

Community features: 

Park, Playground, Tennis Court(s)

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

$781,432
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$368,568
Cash to seller
$781,432

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

Seller’s Loan History

Lender

Hamilton Group Funding Inc

Loan start date

June 2019

Original loan amount

$410,000

Est. remaining balance

$368,568

Interest rate

4.1%

Loan type

New Conventional, 30 year

Seller

Chris Wenzler and Martha W Wenzler

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: 11/22/2024 at 6:35 AM

Listing updated: 10/23/2024 at 6:36 PM

Listed by: Melissa Townsend, IT'S ALL ABOUT YOU...REAL ESTA Phone #: (352) 304-5687

MLS: StellarMLS #OM684796

StellarMLS logo

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