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$249,990

Beds
3
Baths
1.0
sq ft
1,025

5 Redwood Trace Run, Ocala, FL 34472

5 Redwood Trace Run

OCALA, FL 34472

  • 2 days on market
Stylishly Renovated 3-Bedroom Home on Oversized Corner Lot – No HOA! Welcome to this beautifully updated 3-bedroom, 2-bath home, featuring a bright and airy enclosed lanai perfect for relaxing or entertaining. Step inside and enjoy the fresh look of new vinyl plank flooring throughout—no carpet anywhere! The kitchen has been fully renovated with all-new cabinets, modern countertops, and stainless steel appliances. You’ll also find updated ceiling fans and light fixtures in every room. Situated on a large corner lot with plenty of space for your boat, RV, or other toys—and best of all, no HOA restrictions. Located in one of Marion County’s most desirable neighborhoods, you’re just minutes from top-rated schools, shopping, dining, and medical facilities.

Details

Property type

Single Family Residence

Est. home value

$204,649

Lot size

0.3 acres

Price per sq ft

$244

Year built

1992

Annual property taxes

$2,549

HOA

No

Price History

03/29/2025
StellarMLS

StellarMLS #O6294493

Listed
$249,990
+19.04%
08/31/2022
StellarMLS

StellarMLS #OM642845

Sold
$210,000
+425%
02/20/2015
StellarMLS

StellarMLS #OM418687

Sold
$40,000

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

$31,281
Asking price
$249,990
Closing costs (~8% of asking)
-$19,999
Est. remaining loan balance
-$198,710
Cash to seller
$31,281

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

Seller’s Loan History

Lender

Cornerstone First Mortgage Inc

Loan start date

August 2022

Original loan amount

$206,196

Est. remaining balance

$198,710

Interest rate

5.51%

Loan type

FHA, 30 year

Seller

Wederson Ribeiro Dos Santos and Shelly Ng

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 3:45 AM

Listing updated: 03/30/2025 at 6:52 AM

Listed by: Braner De Lima Dantas, FLORIDA CONNEXION PROPERTIES Phone #: (407) 574-2636

MLS: StellarMLS #O6294493

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