tomo logo

$625,000

Beds
4
Baths
2.0
sq ft
1,500

295 Locust Pass, Ocala, FL 34472

295 Locust Pass

OCALA, FL 34472

  • 12 days on market
Nestled amongst open fields and mature oaks on 7.8 private acres in Southeast Marion County, this charming property provides the perfect blend of rural tranquility and modern convenience. Just minutes from Lake Weir and the Ocala National Forest, the property provides easy access to shopping, recreation, and essential amenities. Thoughtfully updated, the custom three-bedroom, two-bathroom home with a bonus room offers the features a newer roof, newer AC, and recently screened-in front and back porches. The updated kitchen boasts stainless steel appliances, a center island with a breakfast bar, ample cabinetry, a tiled backsplash, and contemporary lighting. A split-bedroom layout enhances privacy, while vaulted ceilings create an open, airy feel. Energy-efficient upgrades, including solar panels and insulated windows, help reduce utility costs, and a security system adds peace of mind. Ideal for those needing extra storage or workspace, the property includes a 900+ square foot garage, a two-car carport, and an 18x30’ RV garage with its own septic system. The fenced backyard provides space for pets, gardening, or outdoor enjoyment. Additionally, a special use permit allows for blueberry cultivation, adding agricultural potential. With room to customize—whether for a workshop, pool, or additional structures—this property offers endless possibilities. A rare find with modern comforts and plenty of space to grow, this homestead is ready to welcome its next owner– schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$457,951

Lot size

7.86 acres

Price per sq ft

$417

Year built

2000

Annual property taxes

$1,612

HOA

No

Price History

03/17/2025
StellarMLS

StellarMLS #OM697204

Listed
$625,000
+62.34%
12/02/2021
StellarMLS

StellarMLS #OM622498

Sold
$385,000

Schools & Community

Elementary school: 

Emerald Shores Elem. School

Middle school: 

Lake Weir Middle School

High school: 

Lake Weir 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

$288,456
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$286,544
Cash to seller
$288,456

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

December 2021

Original loan amount

$308,000

Est. remaining balance

$286,544

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Gary Ronald Timbrell and Kelly Ann Timbrell

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: 03/30/2025 at 8:05 AM

Listing updated: 03/18/2025 at 6:57 AM

Listed by: Liz Gray, SHOWCASE PROPERTIES OF CENTRAL Phone #: (352) 351-4718

MLS: StellarMLS #OM697204

StellarMLS logo

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