tomo logo

$349,000

Beds
3
Baths
2.0
sq ft
2,100

5425 SW 85th Ln, Ocala, FL 34476

5425 SW 85th Ln

OCALA, FL 34476

  • 1 day on market
Large pool home with lots of potential. Located in a well desired neighborhood, Majestic Oaks!! The home features 2,100 square feet heated with 3 bedrooms, 2 bathrooms, and a bonus room. The bonus room could be a 4th bedroom or an office. Also, there is a large formal dining room and a large living room, or they can be used as double living rooms. The master bedroom has 2 walk-in closets. Large garden tub in master bath and shower. Master bedroom also features French doors to the pool area. The pool area is screened in. An in-ground pool that features an outdoor kitchen area and TV. Great place for the whole family to enjoy! Located 15 minutes to the World Famous, World Equestrian Center. Schools include Hammett Brown Jr. Elementary School, Liberty Middle School, and West Port High School. Call today for a private showing!!!

Details

Property type

Single Family Residence

Est. home value

$417,486

Lot size

0.3 acres

Price per sq ft

$167

Year built

1991

Annual property taxes

$4,664.05

Monthly HOA fee

$11

Price History

01/06/2025
StellarMLS

StellarMLS #OM692280

Listed
$349,000
-2.79%
10/01/2024
StellarMLS

StellarMLS #OM665809

Removed
$359,000
08/06/2024
StellarMLS

StellarMLS #OM665809

Price change
$359,000
-1.64%

Schools & Community

Elementary school: 

Hammett Bowen Jr. Elementary

Middle school: 

Liberty Middle School

High school: 

West Port 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

$167,214
Asking price
$349,000
Closing costs (~8% of asking)
-$27,920
Est. remaining loan balance
-$153,866
Cash to seller
$167,214

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

Seller’s Loan History

Lender

Northpointe Bank

Loan start date

September 2020

Original loan amount

$170,000

Est. remaining balance

$153,866

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Lawrence H Smith and Mary P Smith

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: 01/07/2025 at 6:05 PM

Listing updated: 01/07/2025 at 6:54 AM

Listed by: Carissa Sawyer, RE/MAX FOXFIRE - HWY 40 Phone #: (352) 732-3344

MLS: StellarMLS #OM692280

StellarMLS logo

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