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$347,217Estimated home value

Beds
3
Baths
2.0
sq ft
2,139

5400 SW 88th Pl, Ocala, FL 34476

5400 SW 88th Pl

OCALA, FL 34476

  • Sold On 7/19/2024
    • Price drop $4,900↓
SELLER MOTIVATED!!This stunning property is located on the southwest side of Ocala in Majestic Oaks community. Featuring 3 bedrooms and 2 full baths, a formal dining area, and luxurious granite countertops, this home boasts stainless steel appliances and a convenient inside laundry room. The property also includes a spacious 2-car garage and a roof that is less than 4 years old. Enjoy the Florida sunshine in the screened-in in-ground swimming pool, which has been enhanced with a brand new variable speed pump and filtration system for optimal efficiency and maintenance. The covered lanai inside the screened pool area provides a perfect spot for outdoor dining and relaxation. The home is adorned with stylish LVP flooring throughout, creating a modern and inviting living space. Move-in ready and meticulously maintained, this property offers the perfect combination of comfort and elegance for your dream home. On May of 2024 the septic tank to the home was pumped and cleaned out, includes a hurricane garage door, upgraded electrical panel, and new a/c installed in 2019.

Details

Property type

Single Family Residence

Est. home value

$347,217

Lot size

0.26 acres

Price per sq ft

$180

Year built

1993

Annual property taxes

$4,635.71

Monthly HOA fee

$11

Price History

07/19/2024
StellarMLS

StellarMLS #OM679656

Sold
$375,000
-2.6%
07/08/2024
StellarMLS

StellarMLS #OM679656

Pending
$385,000
06/16/2024
StellarMLS

StellarMLS #OM679656

Price change
$385,000
-1.26%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

None

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

$281,891
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$72,309
Cash to seller
$281,891

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

Seller’s Loan History

Lender

Crescent Mortgage Co

Loan start date

June 2011

Original loan amount

$100,000

Est. remaining balance

$72,309

Interest rate

4.78%

Loan type

New Conventional, 30 year

Seller

Justin Richardson and Jessica Richardson

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: Off Market

Tomo last checked: 10/04/2024 at 8:45 PM

Listing updated: 07/19/2024 at 11:42 PM

Listed by: Floriane Rettuga, COMPASS REALTY LLC Phone #: (352) 502-9111

MLS: StellarMLS #OM679656

StellarMLS logo

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