tomo logo

$864,900

Beds
4
Baths
3.5
sq ft
3,808

2531 SE 40th St, Ocala, FL 34480

2531 SE 40th St

OCALA, FL 34480

  • 3 days on market
This beautiflul SE Ocala home in the Deep Woods subdivision was made for entertaining. Over 3800 living square feet includes the 3/2 MAIN HOME with 2,700 of living space plus a 1/1.5 SEPARATE GUEST HOUSE/in-law suite with 1,117 living square feet. The 2 car garage is attached to the main house and there is AN ADDITIONAL 2 CAR 32X34 detached garage. Added in 2012, the covered lanai was custom designed for entertaining and includes a full outdoor kitchen with granite countertops, stainless steel appliances, wine fridge, 5 heaters, recessed lighting, outdoor surround sound system and a working antique, wood burning stove. The separate Guest House has a main living area, a spacious bedroom with a walk in closet and sliders that access the patio where the outdoor shower is located, a full bathroom, and an additional half bath with a changing room that is also accessible to the pool. A tankless hot water system is used for the Guest Home. The gorgeous 21X34 salt water pool includes a 7x13 heated spa and a sun shelf. The metal roof, pool, guest house and outdoor kitchen all added in 2012. HVAC main house 2009. Wood floors, interior paint, new interior doors and moulding throughout the main home done in 2021. Main house bathroom remodels and exterior paint done in 2022. Room measurements are estimated.

Details

Property type

Single Family Residence

Est. home value

$833,075

Lot size

1.54 acres

Price per sq ft

$228

Year built

1981

Annual property taxes

$6,623.49

Price History

06/30/2024
StellarMLS

StellarMLS #OM681301

Listed
$864,900
+23.56%
11/16/2021
StellarMLS

StellarMLS #OM626997

Sold
$700,000

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

$205,179
Asking price
$864,900
Closing costs (~8% of asking)
-$69,192
Est. remaining loan balance
-$590,529
Cash to seller
$205,179

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

November 2021

Original loan amount

$625,000

Est. remaining balance

$590,529

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Brandon P Phillips and Allison C Phillips

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?

Similar Homes Nearby

StellarMLS
$935,000
4 bd
|
3.5 ba
|
3,352 sq ft
|
House

7086 SE 12th Cir, Ocala, FL 34480

StellarMLS
$850,000
4 bd
|
3.5 ba
|
3,576 sq ft
|
House

1923 SE 7th St, Ocala, FL 34471

Price drop
StellarMLS
$950,000
4 bd
|
3.5 ba
|
3,652 sq ft
|
House

295 SW 35th St, Ocala, FL 34471

Status: Active

Tomo last checked: 07/03/2024 at 12:20 PM

Listing updated: 07/02/2024 at 2:31 PM

Listed by: Elizabeth Wakefield, CRYSTAL SNOOK REAL ESTATE Phone #: (352) 630-5270

MLS: StellarMLS #OM681301

StellarMLS logo

Recently listed in OCALA

$320,990|3 bd|2.0 ba|House
$335,990|4 bd|2.0 ba|House
$291,735|3 bd|2.0 ba|House
$355,990|5 bd|3.0 ba|House
$293,735|3 bd|2.0 ba|House
$267,994|3 bd|2.5 ba|Townhouse
$225,000|3 bd|1.0 ba|House
$312,990|3 bd|2.0 ba|House